3) A survey of 113 tourists was taken in St. Louis. The survey shows the following:62 of the tourists plan to visit the Gateway Arch51 plan to visit the zoo12 plan to visit the Art Museum and the Gateway Arch, but not the zo027 plan to visit the Gateway Arch and the zoo19 plan to visit the Gateway Arch and the zoo, but not the Art Museum15 plan to visit none of these three places10 plan to visit only the zooHow many of those surveyed plan to visit only the Art Museum?

Name: 3) A survey of 113 tourists was taken in St. Louis. The survey shows
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Description: 3) A survey of 113 tourists was taken in St. Louis. The survey shows the following:62 of the tourists plan to visit the Gateway Arch51 plan to visit the zoo12 plan to visit the Art Museum and the Gateway Arch, but not the zo027 plan to visit the Gat

Given Total no of people =113 No of people visiting all the three places E = people visiting gateway…

Business

Operations Management

3) A survey of 113 tourists was taken in St. Louis. The survey shows the following: 62 of the tourists plan to visit the Gateway Arch 51 plan to visit the zoo 12 plan to visit the Art Museum and the Gateway Arch, but not the zoo 27 plan to visit the Gateway Arch and the zoo 19 plan to visit the Gateway Arch and the zoo, but not the Art Museum 15 plan to visit none of these three places 10 plan to visit only the zoo How many of those surveyed plan to visit only the Art Museum?

3) A survey of 113 tourists was taken in St. Louis. The survey shows the following: 62 of the tourists plan to visit the Gateway Arch 51 plan to visit the zoo 12 plan to visit the Art Museum and the Gateway Arch, but not the zoo 27 plan to visit the Gateway Arch and the zoo 19 plan to visit the Gateway Arch and the zoo, but not the Art Museum 15 plan to visit none of these three places 10 plan to visit only the zoo How many of those surveyed plan to visit only the Art Museum?

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 5.3SD: Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling...

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Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.
Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?
Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month January February March April May June Price Per Chip $1.90 $1.61 $1.60 $1.85 $1.90 $1.95 Month Mar Apr May Forecast $1.76 1.61 1.73 Month July August Jun 1.88 September October November December This exercise contains only parts a, b, and c. a) Using a 2-month moving average, the forecast for periods 11 and 12 is (round your responses to two decimal places): Price Per Chip $2.00 $1.85 $1.70 $1.55 $1.50 $1.75 Jul Aug Sep Oct Nov Dec 1.93 1.98 1.93 1.78
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Ana Chavarria, front office manager of The TimesHotel, and Lorraine DeSantes, the hotel’s director ofmarketing, learn their city will be hosting the nextOlympic Games. The city council and the tourismboard are planning to develop a program to ensurethe delivery of high-quality service by all agencies,private and commercial, to the many guests. Individual groups (hotels, restaurants, public transportation, etc.) will meet and decide on a course of action.Margaret Chu, general manager of The Times Hotel,wants Ana and Lorraine to represent the hotel onthe Hotel Hospitality Commission. Because theGames are several years away, there is ample time toinvolve various constituencies in developing a planfor implementation.After a few meetings with the commission, thegroup feels it should break into smaller teams todiscuss developing specific components of deliveringhigh-quality service. Ana and Lorraine are heading the Service to the International Visitor planningteam. What suggestions would you…
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Freight car loadings over an 18-week period at a busy port are as follows: Week Number Week Number Week Number 1 410 7 460 13 540 2 420 8 480 14 550 3 430 9 500 15 570 4 420 10 490 16 580 5 430 11 510 17 590 6 440 12 530 18 600 Click here for the Excel Data File a. Determine a linear trend line for expected freight car loadings. (Round your intermediate calculations and final answers to 2 decimal places.) b. Use the above trend equation to predict expected loadings for Weeks 20 & 21. (Round your final answers to 2 decimal places.) c. The manager intends to install new equipment when the volume exceeds 990 loadings per week. Assuming the current trend continues, in which week (at the earliest) should the loading volume reach that level? (Use the rounded answers, as required, from any previous part of this problem. Do not round any other intermediate calculations. Round your final answer to 2 decimal places.)
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