Vega, an employee of Beacon Fun Stuff Pty Ltd knows that her employees Algol and Altair Rigel are looking to purchase a new transit van. On her way home one day she spots one parked on the side of the road. The owner, Charon is with the vehicle and he chats with Vega. Vega explains that her work Beacon Fun Stuff Pty Ltd is looking for a new van. The owner Charon agrees with Vega to sell the vehicle to Beacon Fun Stuff Pty Ltd for $28 000. He agrees to have it professionally cleaned and new tyres put on and that he will deliver it to Beacon Fun Stuff Pty Ltd.’s business premises in three days’ time. Charon does as he said he would and arrives at 9am on the appointed day. When he approaches Algol, she tells him she knows nothing about the agreement to purchase a vehicle form him. She confirms that Vega is an employee but not an agent for the company and that therefore there is no contract. Charon has spent $1500 on new tyres and lost a day’s work to deliver the vehicle. He claims that Vega is an agent and that therefore Altair and Algol are obligated to complete the purchase.
Required:
Advise the parties.
In: Operations Management
"Business Practises in saudi Arabia are likely to differ from business practises in the United states differences in culture??
In: Operations Management
A company has three factories in Chicago, Kansas City, and Houston where it produces its products and from where it can weekly supply its three distribution centers located in New York, Los Angeles, and Atlanta. The supply capacities at the three factories, the demand requirements at each of the three distribution centers, and the transportation costs in $ per ton from each factory to each distribution center are shown in the table below. Formulate a linear programming (LP) model of this transportation problem with the objective of minimizing total shipping cost. I am asking for the LP model formulation only in question
1. Factories Distribution Centers Total Supply New York Los Angeles Atlanta Chicago $8 $5 $6 120 tons Kansas City $15 $10 $12 80 tons Houston $3 $9 $10 80 tons Total Demand 150 tons 70 tons 60 tons
2. Solve the LP model you formulated in question 1, using Excel Solver. Information and steps for Excel Solver are provided in one the attached document on Blackboard in this module. You are to submit your answer for question 2 of this Assignment, as in the solution summary shown in the attached document on Blackboard containing information and steps for Excel Solver, as well as submit the Excel file containing both the Answer Report and Sheet1 spreadsheet.
In: Operations Management
Give a brief example of an employee performance review you have experienced. Using Brock's description of how employee performance reviews should be conducted explain what was different about your review or the reviews of other people you work with or know.
In: Operations Management
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Consider the following scenario: Kellogg’s distribution of cereal products to customers in Guatemala is coordinated through Crowley Maritime Corporation, a U.S.-owned and operated third-party logistics company (3PL) with a distribution centre in Guatemala City, Guatemala. Orders for the Latin America region were consolidated, and aggregate orders were placed with Kerry Inc. in Gridley, Il. Kerry Inc. shipped consolidated orders, palletized and labelled by distributor, by intermodal to Mexico City, at which point trailers with orders for distributors in countries south of Mexico were moved over the road. Crowley’s general manager in Guatemala City advised Kellogg’s head office personnel in Battle Creek, Michigan that they had identified approximately 140 pallets of salmonella-contaminated cereal products still in wholesale inventory in Guatemala. Unfortunately, despite FDA recommendations for disposal, government officials in Guatemala, upon learning of the recall through their government Facebook account, had contacted Crowley and insisted that no contaminated food products be disposed of in Guatemala. Furthermore, since the contaminated products had been shipped from the United States, Guatemalan authorities insisted that the contaminated products be returned to the U.S. for disposal. Kellogg’s Supply Chain Manager had already spoken with their freight forwarder and customs broker regarding arrangements to return the contaminated products to the U.S. Mexican authorities would not allow the contaminated products to transit through Mexico, which left marine transport as the only economically viable option to ship the contaminated products from Guatemala to the U.S. Kellogg’s customs broker had placed a call to US Customs and Border Protection (CBP) for advice since the returning goods would be labelled “CONTAMINATED – Not for Resale – Goods returned for disposal only”. Since the returning shipment would not be subjected to the same level of scrutiny as a commercial shipment, CBP expressed concerns that someone might target the shipment for smuggling or terrorism reasons. As a result, CBP stated they would only allow the shipment to enter the US if the origin port was compliant with the International Ship and Port Facility Security Code (ISPS) and the Container Security Initiative (CSI).
a) Describe the possible intermodal transportation of Kellogg’s “Honey Smacks” cereal from Kerry Inc. in Gridley, Il to food distributors in Guatemala. For example:
i) What intermodal carrier(s) might be available to Kerry Inc. in Gridley, Il. offering service to Mexico and Guatemala? (2 points)
ii) Assuming the intermodal shipment travelled by rail from Gridley to Mexico City, describe the route and possible carriers involved. (1 point)
iii) Describe the highway route from Mexico City to Guatemala City. (1 point)
iv) Where would the shipment encounter Guatemalan Customs when it left Mexico and entered Guatemala? (1 point)
In: Operations Management
Jobs' announcement was an example of the intelligent use of trade shows and Apple's experience with generating press coverage and buzz about new products through them. The iPhone could be described as a combination of Apple’s popular iPod music player and a smart phone designed to surf the Web. Its highly-touted feature is a 3.5-inch, touch-sensitive screen that consumers use to make calls, navigate their music collection, and write messages on a virtual onscreen keyboard (Wingfield and Yuan, 2007). All of these benefits and features of the iPhone come for a price though; the initial price of the 4GB model was $499 and the 8GB model cost $599. Aimed at the high-end, tech-savvy consumer, who is often a business user, the iPhone is marketed to a sizable, fast-growing market.
(a) Describe the THREE (3) levels of products for Apple smartphone (iPhone) design?
(b) List and explain FOUR (4) types of Consumer Products Classification. Classify the Apple smartphone (iPhone) belongs to which category?
In: Operations Management
A tourist center is open on weekends (Friday, Saturday, and Sunday). The owner-manager hopes to improve scheduling of part-time employees by determining seasonal relatives for each of these days. Data on recent traffic at the center have been tabulated and are shown in the following table: |
Week |
||||||
1 | 2 | 3 | 4 | 5 | 6 | |
Friday | 143 | 153 | 150 | 151 | 155 | 163 |
Saturday | 251 | 258 | 263 | 265 | 271 | 279 |
Sunday | 162 | 165 | 173 | 172 | 180 | 183 |
a. |
Develop seasonal relatives for the shop using the centered moving average method. (Round your intermediate calculations and final answers to 2 decimal places.) |
X⎯⎯⎯X¯ | |
Friday | |
Saturday | |
Sunday | |
b. |
Develop seasonal relatives for the shop using the SA method. (Round your intermediate calculations and final answers to 4 decimal places.) |
SA Index | |
Friday | |
Saturday | |
Sunday | |
In: Operations Management
what is law and regulation in USA and saudi arabia flexiblity working hours? mgt 211 HR
In: Operations Management
Thumbs Up Will Be Given For Answer.
Chapter Topic: Country Evaluation
Please find an INTERNATIONAL BUSINESS article to use. By doing so, YOU NEED to please visit websites such as Reuters, Bloomberg, Wall Street Journal, etc, and put in the keywords "International Business" and the chapter topic "Country Evaluation" on the website. You NEED to choose a relevant and interesting article that was made within the PAST COUPLE MONTHS that has to do with "International Business" and the chapter topic "Country Evaluation". ***MUST INCLUDE LINK FOR ARTICLE USED PLEASE*** (2-3 paragraphs please)
Question:
A) Key international business dimension for the article?
B) How this article relates to the chapter topic "Country Evaluation"?
C) Why this article got your attention?
In: Operations Management
Consider the company that you selected from the Fortune 500 and Analyze the current situation of its global marketplace and the challenges and advantages associated with it.
In: Operations Management
The XYZ Company plans to allocate some or all of its monthly advertising budget of $75,000 in the area. It can purchase local radio spots at $120 per spot, local TV spots at $500 per spot, and local newspaper advertising at $260 per insertion.
The company's policy requirements specify that the company must spend at least $30,000 on TV and allow monthly newspaper expenditures up to $15,000. The company’s internal policy also requires that the company must buy at least 100 radio spots.
The payoff from each advertising medium is a function of the size of its audience. The general experience of the firm is that the values of insertions and spots in terms of "audience points" (arbitrary unit), are as given below:
---------------------------------------------------------------------------
Radio 150 audience points per spot
TV 180 audience points per spot
Newspapers 280 audience points per insertion
---------------------------------------------------------------------------
Let x1 = no. of Radio spots to be purchased,
X2 = no. of TV spots to be purchased, and
X3= no. of Newspaper insertions.
Max 150x1+ 180x2 + 280x3
s.t.
(1) 120x1 + 500x2 + 260x3 <= 75,000 (Advertising Budget)
(2) 500x2 ≥ 30000 (Expenditure on TV)
(3) 260x3 <= 15000 (Expenditure on Newspaper)
(4) x1 ≥ 100 (Number of radio spots)
X1, x2, x3 >= 0
LINEAR PROGRAMMING PROBLEM
MAX 150X1+ 180X2 + 280X3
Subject to:
OPTIMAL SOLUTION
Objective Function Value = 67050.000
Variable Value Reduced Costs
------------- --------- --------------------
X1 375.000 0.000
X2 60.000 0.000
X3 0.000 45.000
Constraint Slack/Surplus Dual Prices
--------------- ------------------- ---------------
1 0.000 1.250
2 0.000 - 0.89
3 15000.000 0.000
4 275.000 0.000
OBJECTIVE COEFFICIENT RANGES
Variable Lower Limit Current Value Upper Limit
--------------- ------------------ ------------------- ----------------------
X1 129.231 150.000 No Upper Limit
X2 No Lower Limit 180.000 625.000
X3 No Lower Limit 280.000 325.000
RIGHT HAND SIDE RANGES
Variable Lower Limit Current Value Upper Limit
--------------- ------------------ ------------------- ----------------------
1 42000.000 75000.000 No Upper Limit
2 0.000 30000.000 63000.000
3 0.000 15000.000 No Upper Limit
4 No Lower Limit 100.000 375.000
1. Which constraint(s) is/are binding (active)?
2. Interpret the dual price of 1.25 for Constraint 1.
In: Operations Management
Employee #1: Marketing product manager: She experiences cognitive dissonance every time her boss tells her she should not worry about the lower end of the market as “those people don’t have much buying power” when the company’s values statement says that the company values the welfare of everyone everywhere. She is frequently late to work and her boss has given her a warning as result.
Employee #2: Chemist: He is in a highly visible job creating new products that creates a lot of stress and works 12-hour days. He is loyal but feels depressed by the constant work. He is starting to look at job openings online in his off-hours.
Employee #3: Loading dock manager: This representative works the 12am –7am shift. She does what is required but complains in the employee breakroom about the offices and work conditions when she is on break. The other employees tend to agree with her when she complains. Lately the Distribution Supervisor has noted employees’ reduced effort on the shift.
Employee #4: Quality control administrator: He is the sole Asian in the organization and feels isolated as though he is just a placeholder versus really making a recognized difference in the organization. The company promotes itself as a diverse organization, which he knows is not true. He feels as if everyone expects him to fail since not many people engage with him, including his boss, on any regular basis.
The four employees have different attitudes and levels of job satisfaction.
In: Operations Management
You recently graduated from Empire State University with a degree in Marketing. You loved your time at Empire State, and have made numerous friendships with faculty members, current students, and community members. Because of this, you want to remain in your college town and achieve your dream of opening your own coffee shop, The Daily Grind. Before you can open your business, you know that you need to divide the market into segments, to develop customer profiles in order for you to determine which segment of the market you want to target. You have decided to focus on a handful of variables that represent all four market segmentation bases (demographic, geographic, psychographic, behavioral). In one or more fully formed paragraphs, identify and explain at least one variable within each base of market segmentation that should be used to segment the market to create a customer profile of patrons appropriate for The Daily Grind.
In: Operations Management
Consider the following scenario: Kellogg’s distribution of cereal products to customers in Guatemala is coordinated through Crowley Maritime Corporation, a U.S.-owned and operated third-party logistics company (3PL) with a distribution centre in Guatemala City, Guatemala. Orders for the Latin America region were consolidated, and aggregate orders were placed with Kerry Inc. in Gridley, Il. Kerry Inc. shipped consolidated orders, palletized and labelled by distributor, by intermodal to Mexico City, at which point trailers with orders for distributors in countries south of Mexico were moved over the road. Crowley’s general manager in Guatemala City advised Kellogg’s head office personnel in Battle Creek, Michigan that they had identified approximately 140 pallets of salmonella-contaminated cereal products still in wholesale inventory in Guatemala. Unfortunately, despite FDA recommendations for disposal, government officials in Guatemala, upon learning of the recall through their government Facebook account, had contacted Crowley and insisted that no contaminated food products be disposed of in Guatemala. Furthermore, since the contaminated products had been shipped from the United States, Guatemalan authorities insisted that the contaminated products be returned to the U.S. for disposal. Kellogg’s Supply Chain Manager had already spoken with their freight forwarder and customs broker regarding arrangements to return the contaminated products to the U.S. Mexican authorities would not allow the contaminated products to transit through Mexico, which left marine transport as the only economically viable option to ship the contaminated products from Guatemala to the U.S. Kellogg’s customs broker had placed a call to US Customs and Border Protection (CBP) for advice since the returning goods would be labelled “CONTAMINATED – Not for Resale – Goods returned for disposal only”. Since the returning shipment would not be subjected to the same level of scrutiny as a commercial shipment, CBP expressed concerns that someone might target the shipment for smuggling or terrorism reasons. As a result, CBP stated they would only allow the shipment to enter the US if the origin port was compliant with the International Ship and Port Facility Security Code (ISPS) and the Container Security Initiative (CSI).
c) Identify and describe the relevant cargo security programs that are involved in the reverse logistics scenario described above For example:
i) In which security programs would membership likely benefit Crowley, Kellogg’s USA, and Kerry Inc.? Why? (5 points)
ii) What would the Harmonized Code, and rate of duty, be when returning these goods to the US? Provide the appropriate reference. (5 points)
In: Operations Management