Operations Management
13th Edition
ISBN: 9781259667473
Author: William J Stevenson
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 15, Problem 12DRQ
Summary Introduction
To determine: Importance of managing returns.
Introduction: A supplier needs to manage returns effectively or the benefits from its exercises can vanish as fast as they are made. However with a easy, apparent process set up for taking care of profits, organizations can settle on a greater amount of the correct choices about stock management of, provider connections and client benefit, enabling them to keep their main concerns solidly operating at a profit.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
What are the possible threats to the real estate company? This is external to the real estate organization.What possible surprises that the real estate company may have as competition that currently doesn’t exist?
What are the benefits derived from planning audits?
Can you elaborate on the importance of the balanced scorecard in maximizing return on investment?
Chapter 15 Solutions
Operations Management
Ch. 15.2 - READING AT 3M, A LONG ROAD BECAME A SHORTER ROAD...Ch. 15.2 - READING AT 3M, A LONG ROAD BECAME A SHORTER ROAD...Ch. 15.9 - Prob. 1RQCh. 15.9 - Prob. 2RQCh. 15.9 - Prob. 3RQCh. 15.9 - Prob. 4RQCh. 15.9 - Prob. 5RQCh. 15.14 - Prob. 1RQCh. 15.14 - Prob. 2RQCh. 15 - Prob. 1DRQ
Ch. 15 - Prob. 2DRQCh. 15 - Prob. 3DRQCh. 15 - Prob. 4DRQCh. 15 - Prob. 5DRQCh. 15 - Prob. 6DRQCh. 15 - Prob. 7DRQCh. 15 - Prob. 8DRQCh. 15 - Prob. 9DRQCh. 15 - Prob. 10DRQCh. 15 - Prob. 11DRQCh. 15 - Prob. 12DRQCh. 15 - Prob. 13DRQCh. 15 - Prob. 14DRQCh. 15 - Prob. 15DRQCh. 15 - Prob. 16DRQCh. 15 - Prob. 17DRQCh. 15 - Prob. 18DRQCh. 15 - Prob. 19DRQCh. 15 - Prob. 20DRQCh. 15 - Prob. 21DRQCh. 15 - Prob. 1TSCh. 15 - Prob. 2TSCh. 15 - Prob. 3TSCh. 15 - Prob. 1CTECh. 15 - Prob. 2CTECh. 15 - Prob. 3CTECh. 15 - Prob. 4CTECh. 15 - A manager at Strateline Manufacturing must choose...Ch. 15 - Prob. 2PCh. 15 - A manager must make a decision on shipping. There...Ch. 15 - Prob. 1CQCh. 15 - Prob. 2CQ
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- How did IT help the company solve that problem?arrow_forward#4 How does a government agency raise revenue differently from a private company, and how does that affect the way government decisions are made, compared to business decisions?arrow_forward5. In your own perspective, discuss the importance of knowing the company's solvency and financial stability.arrow_forward
- In addition to providing directions and reducing the risk of uncertainty, planning helps managers in the many other ways. Explain any four such ways.arrow_forward1. Place the phases of the Business Cycle in order. The phases (in no particular order here) are: Recession, Trough, Peak, Expansion 2. Suppose that an economy has 9 million people working full-time. It also has 1 million people who are actively seeking work but currently unemployed as well as 2 million discouraged workers who have given up looking for work and are currently unemployed. What is this economy's unemployment rate? 3. Which of these scenarios is structural as opposed to frictional unemployment: Tim just graduated and is looking for a job, or bus and truck drivers permanently lose their jobs when driverless, computer-driven vehicles become perfected and make human drivers redundant? 4. Please go to www.bls.gov 2 and locate the most recent U.S. unemployment report. What was the most recent national unemployment rate? Try to locate the most recent numbers for workers who want full time work but can only find part time work. How does this cause the official unemployment rate…arrow_forwardCan Budgeting can be used as an effective substitute for planning?arrow_forward
- Suppose a colleague of yours is gearing up to write a business plan for a business she intends to start. She told you she plans to prepare the financial statements first to get that job out of the way before she tackles the rest of the plan. What is the flaw in your colleague’s logic as described to you?arrow_forwardWhat standard problems do employee planning entail?arrow_forwardWhat are the factors that affect SMEs’ business growth? Identify at least five and make a precise but clear explanation for each of the factors given.arrow_forward
- please original work Business plan- Doggy daycare In this section describe financial estimates and rationale which include financial statements and forms that document the viability of your proposed business and its soundness as an investment. Tables and figures must be introduced in the narrative. Describe the form of business (sole-proprietor, LLC, or Corporation). Prepare three-year projections for income, expenses, and sources of funds. Base predictions on industry and historical trends. Make realistic assumptions.arrow_forwardDescriptive, Prescriptive, and Predictive Analytics, are methods used to determine outcomes for businesses. How are they different from each other? When are they used? Pretend that you are a Data Analyst in a company, how would you apply or used some of these methods?arrow_forwardhttps://youtu.be/C0UOvhnIqxE which outlines management decisions based on an organization's focus on either profitability or liquidity? Why are these important goals seemingly at odds? Under what circumstances might one be more important than the other?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you