Well, an early morning operations management class to discuss the Toyota case. Amrou took us down the numbers lane to finally prove that it is not such a bad idea to shut down the assembly line is actually a better option than losing money on overtime payments, specially if we take into account the per unit cost of this shutdown with profits that are generated per unit. Lot of people in the class did not quite agree with him, and there was an extended discussion that he had with all of them until Dilney finally told him that he's got to login to the board.
Class for Marketing was about Colgate Precision case, and thanks to the fact that I had been working on this case for past 2-3 days to submit our group analysis report, I understood all that was going around and had a good participation in today's class.
Next up was the Investment Analysis class, where we got to discuss our criteria for choosing various investments we did as part of the simulation exercise last night. It was an interesting discussion in terms of various aspects that people had given a thought to, while deciding on things. Budget Constraints, Timeline of decisions and flow of funds, different department level strategies, risks for various projects; so many different aspects to consider. Add to it, explanation by Luis on each of these points made the whole exercise even more interesting.
We also had an extra session for Technology in the evening for discussing Technology mid-term exams related queries.
Came home after this class for a little siesta and went back to school to prepare for tomorrow. Gradually, in about a week's time, I have now got used to the school life again :-)
Class for Marketing was about Colgate Precision case, and thanks to the fact that I had been working on this case for past 2-3 days to submit our group analysis report, I understood all that was going around and had a good participation in today's class.
Next up was the Investment Analysis class, where we got to discuss our criteria for choosing various investments we did as part of the simulation exercise last night. It was an interesting discussion in terms of various aspects that people had given a thought to, while deciding on things. Budget Constraints, Timeline of decisions and flow of funds, different department level strategies, risks for various projects; so many different aspects to consider. Add to it, explanation by Luis on each of these points made the whole exercise even more interesting.
We also had an extra session for Technology in the evening for discussing Technology mid-term exams related queries.
Came home after this class for a little siesta and went back to school to prepare for tomorrow. Gradually, in about a week's time, I have now got used to the school life again :-)
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