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Browsing Faculty Teaching Materials by Author "Agrawal, Anupam"
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Item Abdul the Newsboy(2023-07-13) Agrawal, AnupamThis note describes the working of a general sourcing/procurement problem. Abdul has to buy/source the product before knowing the exact demand. This is a general problem (e.g., fashion industry.) Firms like Zara and Benetton and many others decide on how much they should buy and produce, based on forecasts (probability distributions) of demand.Item The Patel Motel - A tale of Entrepreneurship(2023-07-13) Agrawal, Anupam; Agrawal, AnushkaThis case study describes the life and struggles of Harishbhai and Ilaben Patel and also describes the business model of a motel that they nursed back to health. Case can be used to teach management of uncertainty in a fixed supply situation (e.g., hotel industry).