A component supplier for smart phones is repeatedly encountering two different customer demands: (i) New innovative models
Question:
A component supplier for smart phones is repeatedly encountering two different customer demands:
(i) New innovative models of smart phones, where the supplier has to deliver corresponding newly developed parts as soon as possible, regardless of quantity.
(ii) Old models with conventional parts, where the supplier has to significantly reduce prices by cutting cost.
Determine and briefly describe:
(a) TWO reengineering practices that serve the above demand in part (i).
(b) TWO reengineering practices that serve the above demand in part (ii).
(c) TWO reengineering practices that serve both demands in part’s (i) and (ii).
Note: The practices in the above parts should not be the same unless there are significant differences in the designs of the practices and there are those details in the answers.
Rubrics and Marking:
Part (a): Totally 8 marks. 4 marks for each of the relevant practices with brief descriptions.
Part (b): Totally 8 marks. 4 marks for each of the relevant practices with brief descriptions.
Part (c): Totally 8 marks. 4 marks for each of the relevant practices with brief descriptions.
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds