Ese 204 Probset 3

In: Business and Management

Submitted By seandnoh
Words 546
Pages 3
Question 13 Group 1
Question 14
(a) 1. Define the Scope
2. Identify the Major Stakeholders
3. Identify Basic Trends
4. Identify Key Uncertainties
5. Construct Initial Scenario Themes
6. Check for Consistency and Plausibility
7. Develop Learning Scenarios
8. Identify Research Needs
9. Develop Quantitative Models
10. Evolve toward Decision Scenarios

(b) Scenario planning could be used in the industry of Education. While it is not a classic industry, I believe that scenario planning could be beneficial and effective for education. It could help plan the implementation of a new education system, such as specialized education for students gifted in unique areas. While the current school system educates, it is not efficient to the point that many promising students are cut short because of the platonic nature of the education system. Scenario planning could help plan the stages of implementing a new system. The stakeholders are clearly the youth and students, basic trends are Fine Arts, science and mathematics, social studies, humanities and etc. Many uncertainties would of course be the ability to learn from each individual student in terms of tactile, auditory, visual, or etc. In the end, every step of scenario planning would be helpful for education.
Question 15
(a) Regular Glove = 500, Catcher’s Mitt = 150, Value = 3700
(b) Finishing and packaging and shipping constraints
(c) Cutting and Sewing = 0, Finishing = 3, Packaging and Shipping = 28
Additional time is worth $3 per unit for finishing and $28 per unit for packaging and shipping
(d) Packaging and shipping because it increases profit by $28
Question 16
(a) Regular Gloves : 4 to 12, Catcher’s Mitt : 3.33 to 10
(b) If profit contribution for the regular glove is between $4 and $12, the solution is optimal, and if it stays between $3.33 and $10.00 for the catcher’s mitt, the solution is…...

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