Understanding Business
13th Edition
ISBN: 9781264249527
Author: Nickels, William G.
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 9, Problem 2VC
Summary Introduction
Case summary: A product is brought by the consumer which is created in a series of process that involves transforming the raw material into goods and services. Operation management is responsible to buy part of the product. The F company is producing the car in the mass quantity. The F company provides facility to its customer to chose color of car online.so that, the cost can be customize to compete in the world market. Since, in today’s world, maximum work of production is done by the robot to manufacture the product which is more efficient. Since, robotics plays a major role in almost every process of production.
Many of the company uses the just-in-inventory method to control the inventory of the company because it makes the firm cost effective and profitable. Think about the opportunity in then production department for the graduates.
Adequate information: The F company produces the car and provides online color choosing facility to its customer. The robots are more efficient in production and are cost effective to the company.
To discuss: The reasons of which just-in-time inventory
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What defines the bargaining zone in a negotiation?- The bargaining zone, or the zone of possible agreement (ZOPA), is the scale of acceptable outcomes in a negotiation. At one end is the lowest price/ set of terms one party is ready to accept, and the other end of the scale is the highest price/ desired terms of the negotiation. Typically, each party starts on either side of the scale at the beginning of a negotiation. Successful negotiations meet in the middle of this range of acceptable outcomes, resulting in a mutually beneficial agreement (Thompson, 2020).
How does a positive or negative bargaining zone affect the outcome of a negotiation and one's BATNA? - The bargaining zone (ZOPA) directly impacts the strength of one's BATNA (Best Alternative to a Negotiated Agreement). A strong BATNA provides leverage to negotiate better terms in a positive bargaining zone, where the buyer's maximum exceeds the seller's minimum (Thompson, 2020). The negotiator can push closer to their…
How does a positive or negative bargaining zone affect the outcome of a negotiation and one's BATNA? Provide a real life example.
Chapter 9 Solutions
Understanding Business
Ch. 9.1 - Prob. 9.1AQCh. 9.2 - Prob. 9.2AQCh. 9.2 - Prob. 9.2BQCh. 9.2 - Prob. 1TPCh. 9.2 - Prob. 2TPCh. 9.2 - Prob. 3TPCh. 9.3 - Bakers, like Duff Goldman of Charm City Cakes, add...Ch. 9.3 - Prob. 9.3BQCh. 9.3 - Prob. 9.3CQCh. 9.3 - Prob. 4TP
Ch. 9.3 - Define and differentiate the following: process...Ch. 9.3 - Prob. 6TPCh. 9.3 - Prob. 7TPCh. 9.4 - Prob. 9.4AQCh. 9.4 - Prob. 9.4BQCh. 9.4 - Prob. 9.4CQCh. 9.4 - Prob. 1MEDCh. 9.4 - Prob. 8TPCh. 9.4 - What is the difference between MRP and ERP?Ch. 9.4 - What is just-in-time inventory control?Ch. 9.4 - Prob. 11TPCh. 9.5 - Draw a PERT chart for making a breakfast of...Ch. 9.5 - Prob. 13TPCh. 9 - Prob. 1CECh. 9 - Prob. 2CECh. 9 - Prob. 3CECh. 9 - Prob. 4CECh. 9 - Prob. 1CTCh. 9 - Prob. 2CTCh. 9 - Prob. 3CTCh. 9 - Prob. 1DCSCh. 9 - 3. Discuss some of the advantages and...Ch. 9 - Prob. 5DCSCh. 9 - Prob. 1PPTCh. 9 - Prob. 2PPTCh. 9 - Prob. 1VCCh. 9 - Prob. 2VCCh. 9 - Prob. 3VC
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