Questions from General Operations Management

Q: One of your friends argues that EOQ has limitations, such as

One of your friends argues that EOQ has limitations, such as providing no consideration for the other supply chain members. Do you agree? Can you give an example?

Q: Yield management is a powerful tool in operations and supply chain management

Yield management is a powerful tool in operations and supply chain management. It is commonly employed to handle highly perishable products and/or services. Do you agree? Give an example.

Q: Can a company complete its material requirements plans before it does master

Can a company complete its material requirements plans before it does master scheduling? Explain.

Q: Do you think the process of mass customization is common practice in

Do you think the process of mass customization is common practice in recent times? Can you think of an example from daily life?

Q: Is it enough to just write down the business strategy of a

Is it enough to just write down the business strategy of a firm? Why or why not? Conversely, what are the limitations of not writing down the strategy but rather depending on the firm’s actions to def...