Meditech Surgical Case Study in the Simchi-Levi et al. text, and respond to each of the end-of-case discussion questions. Each question must be answered thoroughly and responses must be supported by the concepts introduced in the Learn materials. Provide a brief description of the concepts and the significance of the concepts to practice in general, as well as what problems might be resolved through successful implementation of the concepts. Can you come up with a measure of risk associated with your ordering policy? This measure should be quantifiable.Repeat your methodology and assume now that all 10 styles are made in China. What is the difference (if any) between the two initial production commitments?What operational changes would you recommend to Wally to improve performance?How should Wally think (both short term and long-term) about sourcing in Hong Kong versus China? What kind of sourcing policy do you recommend?

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Answered: Meditech Surgical Case Study in the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Meditech Surgical Case Study in the Simchi-Levi et al. text, and respond to each of the end-of-case discussion questions. Each question must be answered thoroughly and responses must be supported by the concepts introduced in the Learn materials. Provide a brief description of the concepts and the significance of the concepts to practice in general, as well as what problems might be resolved through successful implementation of the concepts.

Can you come up with a measure of risk associated with your ordering policy? This measure should be quantifiable.
Repeat your methodology and assume now that all 10 styles are made in China. What is the difference (if any) between the two initial production commitments?
What operational changes would you recommend to Wally to improve performance?
How should Wally think (both short term and long-term) about sourcing in Hong Kong versus China? What kind of sourcing policy do you recommend?

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