The S&H Mercantile in Luther is the only game in town for a number of items and tries valiantly to use only the storage space needed to display items since there is no stock room in the back of the store. One popular item, a 16-ounce can of dehydrated water, takes up 20 square inches of shelf space. The shelf space available for this item measures five feet by four feet. The store manager would like to order a quantity that can fill the shelf space without stacking and without needing to store cans elsewhere in the store. The amount ordered should all be on display once the S&H runs out and ideally would arrive just as the last can is purchased.
A. Suppose the annual demand is 8,000 units and the cost per can is $3 with a holding cost of 10%. What is the required order cost per lot?
B. Drought conditions spike demand during the summer to an annualized rate of 27,000 cans per year and the price rises to $12 per can with a holding cost of 20%. What is the required order cost per lot?
In: Operations Management
Evaluate the principles of systems thinking and the role of systems thinking in organisational change.
In: Operations Management
In: Operations Management
In the documentary “The Corporation”, the standard metaphor for a corporation is that of an apple within a barrel where most apples are good and just a few bad. Can you think of another metaphor for a corporation? What does this metaphor mean to you?
In: Operations Management
The Kellogg Company (Kellogg's) is an American multinational food-manufacturing company headquartered in Battle Creek, Michigan, United States. Kellogg's produces cereal and convenience foods and markets its products under several well-known brand names including Corn Flakes, Keebler, and Cheez-It.
3. a) Describe how Kellogg’s’ procurement team could have mitigated the risks associated with outsourcing production to a contract manufacturer in this situation. (3 points)
b) Describe the ethical risks associated with contract manufacturing in this situation. (3 points)
c) Based on the strategic importance of contract manufacturing, which Supplier Interaction Model best describes the relationship that exists between Kellogg’s and Kerry Inc. What should it be? Why? (4 points)
d) Identify and explain the Processing Stages that Kellogg’s might have followed in conducting the recall. (10 points)
In: Operations Management
Please, explain your answer, i am here to learn. Pass it if you can't explain all the answer to others out there. and be fair. Thanks.
1. Which one of the following is true about the power of the project managers in different organizational structures?
a. In a project-oriented organization, the project manager has no real authority and power.
b. A strong matrix maintains many characteristics of a project-oriented organization, where much of the authority rests with the project manager.
c. In a weak matrix, the authority is shared between the functional manager and the project manager, the project manager does not have full authority for the project and its funding.
d.A balanced matrix maintains many characteristics of a functional matrix; the project role is like that of a coordinator or expeditor (communications coordinator or staff assistant) than that of a true project manager.
2. While reviewing a deliverable due today to the customer, you noticed a technical defect in the deliverable. Upon further inspection, you realize that even though the deliverable fails to meet the project quality standards, it fully satisfies the contractual requirements. You are aware that the customer does not have the domain knowledge and technical expertise to notice the defect. The team member responsible for this deliverable tells you that fixing the defect will be time consuming and superfluous. What is your best course of action?
a.Contact the customer immediately and inform them that the deliverables will be late due to some unavoidable consequences.
b. Make sure that the issue is captured on the lesson learned so that future projects can benefit.
c.Have a discussion with the customer about the issue with the deliverable.
d. Do not mention anything and get formal acceptance form the customer.
3. You are overseeing a project to implement an online travel package reservation system that has 6 sponsors and 13 stakeholders. You want to make sure that your project stakeholders will receive the correct version of the product. Which of the following plans will you use to specify how versioning information will be tracked?
a. Quality management plan
b. Scope management plan
c.Change management plan
d.Configuration management plan
In: Operations Management
In: Operations Management
Human resource planning is one of the most important elements in a successful HRM program.
plz talk about it.
In: Operations Management
Dr. Livingston described research on gender in organizations and gave ideas about how women can advance as leaders. According to Dr. Livingston, and the Hickman (2016) text, why do women face backlash when taking leadership positions? What are some ways organizations can overcome these barriers?
In: Operations Management
In: Operations Management
What is the difference between a mission statement, strategic goal, tactical goal, and operational goal?
In: Operations Management
The defining features of oppression are that it is: pervasive, restrictive, hierarchical, complex across relationships, and internalized. a) Define these terms, and discuss how we have been socialized to accept systems of oppression as normal. b) Share an example of a system, organization, group, etc. that is oppressive in your opinion. This can be one in which you have worked, one you have experienced as a customer, or which you have otherwise experienced or observed. If you don't have an example that you can personally reflect upon, you may choose one that you know of from past research or from current events.
In: Operations Management
Have you ever been through a change initiative (large or small) at your place of work? Please describe briefly how the process went. Do you think it could have been done differently, and if so, what would you have done? Offer suggestions to your classmates for ways that you might have approached their changes. If you do not work, you may use a change you experienced in another environment.
In: Operations Management
One of the major component of the performance management system is the appraisal process.
talk about it.
In: Operations Management
What was Netflix's initial business model?
Did it work? How did it evolve?
Is this an example of emergent strategy?
In: Operations Management