Dr. Eli Goldratt states that “THE GOAL OF THE FIRM IS TO MAKE MONEY”. Do you agree or disagree with this statement? Support your position with at least two examples of companies that may or may not follow this statement.
Schemes of the Warring States (p. 82-83) Lord Zhao says Yu-rang acts out of a personal desire for revenge rather than a proper sense of loyalty. Discuss whether you agree with this accusation based on your reading of his story.
what is your take on the inventory requirements needed to run a business.
ince the early 1980’s we in the United States have been hearing about, and most have adopted, Just-In-Time or Lean Manufacturing as practiced by the Japanese. Is it really “just-in-time” if you the consumer can buy any color Toyota right from the dealer’s car lot? Or buy any Apple iPod in any model or color right off the shelf at Best Buy? Doesn’t the customer’s order start the JIT process?
After reading Chapter 18, think of all the examples of forecasting you experience on a regular basis; such as the weatherman on TV each night. Now, considering the technology we have at our disposal today, why can’t we get a “Perfect” forecast?
