You are given a scenario, and asked to think about key components in the product, and what they would mean for the Bill of Materials (BOM), and Cost of Goods Sold (COGS). The product you will examine is a very simple one: a cup of coffee from your favorite coffeeshop. At first glance, this might […]
Ted is very worried about his friend Jamie. Jamie has been going out every night, drinking, getting high and not coming to class. He keeps missing Business Law, which everyone knows is the most important class. Ted tells Jamie that if he stops drinking every night and doing drugs, Ted will take him on a […]
We are experiencing a dynamic e-business environment with both failing and successful companies evolving or reinventing their business models. For example, recently one of the largest big-tech companies decided their core business was not their main focus anymore and they even changed their name and logo. This creates challenges but also new opportunities for daring […]
Value-stream mapping at PlastiPharm is a once-a-year effort that is conducted by senior management at a high level. Because PlastiPharm produces more than 150 products, the value-stream maps are often obsolete before they are posted on the shop floor. The 3D production area has proposed to management that they analyze and create their own value-stream […]
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