Help me study for my Management class. I’m stuck and don’t understand.
Review the “Value Chain” section in Chapter 1 of the text. Now consider your present position (or past position) and draw a simple value chain to include both primary activities and support activities. Do you have any recommendations to make your value chain more efficient or effective? Respond to at least two of your classmates’ posts. Please provide (attach) an illustration of your value chain — a graph/chart or some picture, and explain the meaning of it in the narrative of your discussion post.
Review Table 2.1 “Comparisons of dependent and independent demand” in Chapter 2 of the text. Now consider your present organization (or past organization) and identify one of the demands that the organization utilizes. In 200-300 words, describe how your organization uses that demand methodology, and provide an additional demand methodology that you could recommend to your current or former organization. Respond to at least two of your classmates’ posts.
Independent (or random) demand does not have a consistent pattern and may have high or low volumes.
Dependent (or predictive) demand is more consistent, with some degree of certainty about orders