Critical Thinking

The global marketplace has witnessed an increased pressure from customers and competitors in manufacturing as well as service sector (Basu, 2001; George, 2002). Due to the rapidly changing global marketplace only those companies will be able to survive that will deliver products of good quality at cheaper rate and to achieve their goal companies try to improve performance by focusing on cost cutting, increasing productivity levels, quality and guaranteeing deliveries in order to satisfy customers (Raouf, 1994).

Increased global competition leads the industry to increasing efficiency by means of economies of scale and internal specialization so as to meet market conditions in terms of flexibility, delivery performance and quality (Yamashina, 1995). The changes in the present competitive business environment are characterized by profound competition on the supply side and keen indecisive in customer requirements on the demand side. These changes have left their distinctive marks on the different aspect of the manufacturing organizations (Gomes et al., 2006). With this increasing global economy, cost effective manufacturing has become a requirement to remain competitive.

To meet all the challenges organizations try to introduce different manufacturing and supply techniques. Management of organizations devotes its efforts to reduce the manufacturing costs and to improve the quality of product. To achieve this goal, different manufacturing and supply techniques have been employed. The last quarter of the 20th century witnessed the adoption of world-class, lean and integrated manufacturing strategies that have drastically changed the way manufacturing firm’s leads to improvement of manufacturing performance (Fullerton and McWatters, 2002).

1. Assess the reasons for using lean thinking (suitable examples), what are the benefits from Suppliers to end users?

2. Due to COVID 19 emergency do you think agile supply chain is the right concept in this kind of situation? Give reason with example.

The Answer should be within 1- 2 pages. for each question

The Answer must follow the outline points below:

• Lean Thinking and JIT Concept
• Agile Supply chain
• Their Main functions
• Reasons with suitable Examples
• Reference

write one paragraph for each answer

What are possible consequences if found violating the Academic Integrity code?

What are things that people can do to help spread a culture of professional integrity?

Identify and discuss 2 weaknesses that anyone can have that relate to ethical decision-making and academic/professional integrity.

Question 2 List and describe the components of a research report and provide a brief overview of each component? Refer to Week 11 Lecture slides and recordings, as well the internet for further information. (Must provide 2 references, there should be at least one academic reference and one non-academic). (at least 400 words).

that have you learned about yourself as a learner and student in transitioning to this environment? Comment on your most significant accomplishments (academic and personal); some of the difficult challenges (academic and personal) you have faced and how you dealt with them? What advice would you offer to an incoming first year student ?

1. Using the information given below, calculate a cross-rate matrix for the UK pound, Japanese Yen, and European Euro in a triangular matrix. Currency in US$UK pound 1.4655 Japan yen 0.010854 Euro area euro 1.2238

Calculate: a) UK pound per Japan yen

b) Japan yen per Euro area euro

2. A bank is quoting the following exchange rates against the dollar for the pound and the Canadian dollar:£/$ = 0.6850C$/$ = 0.9629A Canadian firm asks the bank for an £/C$ quote. What cross-rate would the bank quote?

C). The British pound is trading for $1.9724 in New York and the Euro is trading for $1.3450 in Frankfort, while the British pound is trading for €1.4510 in London.

a. Does an arbitrate opportunity exist? Why?

b. Let us say you start with $10000, what will be your profit after taking an arbitrage opportunity (if it exists)?

Mill Company is evaluating the proposed acquisition of a new milling machine. The machine's base price
is $140,000, and has a terminal value of $17,000. The company's cost of capital is 6%. The project has a
life-time of 3 years. The operating cash flows are as follows:

(a) Find the net present value of this project (NPV). Should it be accepted?

Suppose Mill Company wishes to expand its operations in the UK. The exchange rate at the time of
investment is £1= $1.6.
(b) Use the PPP to find the exchange rate 1 year from now, 2 years from now and 3 years from now. The
inflation rate in the U.S. (?$) is 3 percent and in the UK 2 percent (?£)
(c) Find the NPV in pounds. Should Mill Company invest in the UK?

You are UK company, 200,000 US$ payable to US in one year. Answer in terms of BP (British Pound). Round at four decimal places Examples: 1.23487 ---> 1.2349; 1.23533 --> 1.2353 Information for Forward Contract: Forward exchange rate (one yr): 0.7124 BP/$ Information for Money Market Instruments (MMI): Current exchange rate: 0.7173 BP/$ Investment return at JP Morgan (in US): 5% annual Interest rate of borrowing from HSBC (UK): 3% annual Information you need for Currency Options Contract: Exercise options premium at 0.09 BP/$ Interest rate of borrowing from HSBC (UK): 3% annual Allowed to exercise options at 0.7215 BP/$ Under the COC, the break-even exchange rate is .6109 BP/$. If the management team speculates the exchange rate at the time of the payment would be .6223 BP/$, would they sign the COC contract in this case? No Yes

An educational researcher wishes to know if there is a difference in academic performance for college freshmen that live on campus and those that commute. Data was collected from 267 students. Can we conclude that freshman housing location and academic performance are related? Location Average Below Average Above Average Total On campus 89 29 27 145 Off campus 36 43 43 122 Total 125 72 70 267 Copy Data Step 2 of 8 : Find the expected value for the number of students that live on campus and have academic performance that is average. Round your answer to one decimal place.

Let x = inf E. Prove that x is an element of the boundary of E. Here R is regarded as a metric space with d(p,q) = |q−p| for p,q ∈R

Use the method of Undetermined Coefficients to find the solution of the boundary value problem x^2 y '' + y' + 2y = 6x +2 y(1) = 0 y(2) = 1