List and describe the five steps in Dewey’s rational problem-solving process. Describe a problem you faced by applying this process.

What will be an ideal response?


Define the problem, analyze the problem, brainstorm for possible alternatives,
develop criteria for evaluating the alternatives, identify the best alternative. Examples of
applications of this process will vary.

Business

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Which of the following is NOT as a risk associated with ERP implementation?

a. A drop in firm performance after implementation because the firm looks and works differently than it did while using a legacy system. b. Implementing companies have found that staff members, employed by ERP consulting firms, do not have sufficient experience in implementing new systems. c. Implementing firms fail to select systems that properly support their business activities. d. The selected system does not adequately meet the adopting firm's economic growth. e. ERPs are too large, complex, and generic for them to be well integrated into most company cultures.

Business

Rashmi Singh always knows about the trendiest fashions. She actively shares her knowledge with a wide group of friends and colleagues about where to shop for cutting-edge fashion at great deals, and her advice is often followed

Rashmi is an example of a(n)________. A) norm B) subliminal influence C) opinion leader D) product researcher E) routine response problem solver

Business

Which of the following is a form of quantitative analysis that uses causal techniques in order to identify related variables in order to make forecasts?

a. associative methods b. time series analysis c. the Delphi method d. moving average

Business

A snack food producer runs four different plants that supply product to four different regional distribution centers

The division operations manager is focused on one product, so he creates a table showing each plant's monthly capacity and each distribution center's monthly demand (both amounts in cases) for the product. The division manager supplements this table with the cost data to ship one case from each plant to each distribution center. Formulate an objective function and constraints that will solve this problem using linear programming. Center 1 Center 2 Center 3 Center 4 Monthly Capacity Plant A $2 $7 $5 $4 8000 Plant B $9 $4 $7 $6 12000 Plant C $7 $6 $4 $3 7500 Plant D $4 $8 $3 $5 5000 Monthly Demand 9000 8500 8000 7000

Business