Although all nine of the competitive priorities discussed in this chapter are relevant to a company’s success in the marketplace, explain why the company should not necessarily try to excel in all of them. What determines the choice of the competitive priorities that a company should emphasize for its key processes?
Question # 2:
Suds and Duds Laundry washed and pressed the following number of dress shirts per week Week | Work Crew | Total Hours | Shirts | 1 | Sud and Dud | 24 | 68 | 2 | Sud and Jud | 46 | 130 | 3 | Sud, Dud & Jud | 62 | 152 | 4 | Sud, Dud & Jud | 51 | 125 | 5 | Dud and Jud | 45 | 131 |
a. Calculate the labour productivity ratio for each week b. Explain the labor …show more content…
$26 and $20. Therefore,
[0.5(26)+0.3(20)] = [13+6] = 
Now, at event node 2 we have $25 whose probability is 0.2 and $19 whose probability will be 0.8. Therefore,
[0.2(25)+0.8(19)] = [5+15.2] = [20.2]
Therefore, at Alternative 2 we have $20.2.
Event Node 3,
[0.4(20)+0.3(18)+0.3(30)] = [8+5.4+7.2] = [20.6]
Event Node 4,
[0.5(15)+0.5(30)] = [7.5 + 15] = [22.5]
Therefore, at decision point 2, we will have $22.5 and we left $20.6. Also, the amount at Alternative 1 will be $22.5.
Hence when we decide between alternative 1 or alternative 2, our answer will be Alternative1.
Question # 5:
A white good appliance producer is planning to initiate a new product. The operations manager must decide whether to purchase the one specific part of the product from a supplier at $ 7 for each or produce the part in house. The manager has two alternative processes to be used for in –house production. The first process would have an annual fixed cost of $160,000 and a variable cost of $5 per unit. The second process would have an annual fixed cost of $190,000 and a variable cost of $4 per unit. Please create options showing the range of yearly quantities and indicating which option (Supplier, Process 1 or Process 2) should be selected for each range of quantities
Question # 6:
A company plans to enter a new market with a brand new product and wants to establish a a new plant for the product, Due to highly expensive investment cost