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The kaizen bursts at PlastiPharm involve personnel from production, planning, purchasing, R&D, and engineering – and sometimes others. Which statement explains one of the best results from this team approach?

  • Involving different departments allows for different ideas and perspectives to be presented as well as a deeper commitment to the outcome from everyone.
  • The team approach allows management to better control the kaizen efforts and make sure targeted efforts meet their requirements.
  • Working with people from other departments helps create an inclusive culture and encourages people to work together.
  • Kaizen bursts minimize the need for involving everyone affected by change but still allows for continuous improvement to occur.
 
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Cover Letters

Below is a link to the cover letter brochure developed by the Writing Center and Career Center in collaboration with over 50 departments and offices on campus. The information in this document will serve as the basis for constructing your own cover letter. You may depart from these recommendations only by the approval of your instructor.

  • Exceptional Cover Letters Brochure-1-1.pdf Download Exceptional Cover Letters Brochure-1-1.pdf

To prepare for this discussion, you should also read Chapters 15-16 from our textbook. You should also review the following sample resumes from previous students in this course:

Discussion

For this discussion, please compose one original post that includes

  1. one thing you learned about cover letters by reviewing the handouts, samples, or textbook
  2. one question you have about composing your own cover letter

You have two required response posts that should

  1. comment on or clarify a classmate’s comments on cover letters
  2. answer a classmate’s question
 
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You must make a decision regarding which one of three investment opportunities to take. Each investment will be affected by the prime interest rate established by the Federal Reserve Board. If the prime rate is 5 percent or higher (p = 0.40), the first alternative has an expected payout of $90,000. If the prime rate is less than 5 percent (p = 0.60), the payout for the first alternative is expected to be $120,000. The corresponding payouts for the second alternate are a $10,000 loss and a $200,000 profit. For alternative #3, the payouts are estimated at $50,000 regardless of the prime rate.

Which investment should you select to maximize profits?

 
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PlastiPharm customizes medical device bags for 350-400 clients. Customer demand for bags, which range from eight inches to four feet in length, is excellent. The company has embraced lean manufacturing practices. What reason best explains why PlastiPharm would pursue a lean journey?

  • The lean journey helps the company stay current and compete with other companies that are also practicing lean.
  • Lean practices help the company do more with less, be more flexible, and meet their clients’ demands.
  • Following lean manufacturing practices helps the company hire the right people for the right job at the right time.
  • Starting on a lean journey signals to others that the company wants to reduce waste, maximize value, and contribute to society.
 
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