Assignment I6 - Prairie Equipment

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Purdue University *

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MANAGERIAL

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Mechanical Engineering

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Jan 9, 2024

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docx

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1

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Assignment I6 - Prairie Equipment: Case Preparation Questions Ali Cahoon 11/1/21 For each of the questions below, provide answers using case evidence or theory to support them. 1. How well is the company doing? Is it successful or in crisis? 2. What is Bob Lane’s problem? . 3. What are the underlying issues? These are various facets of the problem and its solution. 4. What outcomes/objectives is Bob trying to achieve with his decision? 5. What alternatives are given in the case? Are there other alternatives you can think of that will satisfy Joe’s objectives? 6. What assumptions, if any, are you making so that you can proceed with your analysis? Why did you need to make these assumptions? 7. What alternative do you recommend and why? 8. What could make your recommendation difficult to implement or unsatisfactory? What would you do in the event that implementation was stymied? 9. What steps should Bob Lane take immediately, in the short term, and in the longer term to implement your recommendation? 10. How will your recommendation affect Prairie Equipment’s financial performance? What items would you expect to change (and in what direction) as the result of implementing your solution? What other effects might your recommendation have on Prairie Equipment? 1
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