Please discuss the Blaze Manufacturing case study. In doing so, please address the following areas:
Identify the problem: Define the problem in financial terms
Diagnose the cause(s): What operational situation(s) created the problem?
Prescribe possible alternatives: The case study provides proposed solutions on page 16 of the case. Review and evaluate these solutions by providing pros and cons for each.
Recommend a plan of action (decision/implementation)
In addition, each case study response should also state why this case is important and relevant to a study of business.
Support your observations with research and logic. Discuss what limitations exist with the case study information provided. What other material would be important to your analysis?