What are the differences between consumer and industrial goods, and what are the implications for international marketing?
Question 6
Why hasn’t the United States been more helpful in setting universal standards for industrial equipment? Do you feel that the argument is economically sound? Discuss.
Question 16
England has almost completed the process of shifting from the inch-pound system to the metric system. What effect do you think this will have on the traditional U.S. reluctance to make such a change? Discuss the economic implications of such a move.
Question 3
Discuss the ways Japanese manufacturers control the distribution from manufacturer to retailer.
Question 15
One of the first things companies discover about international patterns of channels of distribution is that in most countries, it is nearly impossible to gain adequate market coverage through a simple channel-of-distribution plan. Discuss.
In: Operations Management
Appraise and evaluate the integration of population, patient, process and profitability (net margin for NFPs) information in solving community health challenges and/or strategic planning for a health organization. Utilize the 4Ps of Health Analytics Adoption Model as if you are working for one of the organizations used in example 1 or 2 from the text and discuss your results.
In: Operations Management
3. The Covington Paper Inc. would like to determine the location of its new DC which will serve their six manufacturing facilities in Midwest. Information is provided below.
|
Plants |
x- coordinate |
y coordinates |
Production in terms of # of TLs /period |
|
A |
6 |
20 |
220 |
|
B |
48 |
12 |
330 |
|
C |
25 |
36 |
560 |
|
D |
12 |
5 |
330 |
|
E |
30 |
50 |
225 |
|
F |
18 |
20 |
115 |
In: Operations Management
• Salary is one form of compensation. Benefits and incentives are other forms of compensation. Benefits and incentives can range from flex time to paid time off, health insurance, bonuses, and commissions. Providing benefits can be very expensive for companies to provide.
• Identify the three most important benefits you look for in a company? Explain your answer.
• Compensation is often tied to evaluation. Select the best method to use for evaluating employee performance. Identify and describe this method?
In: Operations Management
What does the future hold for traditional mass-media advertising? If you were the senior executive of a major television network, magazine publisher, or newspaper company, what would you be doing now to ensure the livelihood of your company in the future?
In: Operations Management
You are the head of a small aid agency in Congolo. The mission of your agency is to provide health services for refugees who have fled the various civil wars in the region. In recent years you have worked with a number of non-governmental organizations, such as C.A.R.E, Doctors Between Borders and the Universal Children’s Health Fund. Your agency focuses on giving intensive health to small communities. You are now working in a camp of fifty people.
Because of a particular parasite in the water that destroys the cornea of the eye, ten people in the camp have gone blind; half of them are children. Except for their ability to see, their health is reasonably good, given the conditions of the camp.
You contact Doctors Between Borders and they tell you that they will have two ophthalmologists in the area next week, but that the only thing they can do for the people that have gone blind is to give them cornea transplants. They could do the operations, but they said it was impossible to get corneas for transplant in Africa.
A few days later, the area director of Doctors BetweenBorders calls and tells you that a Tsjakestanese aid agency has twenty corneas and would be willing to exchange them for a truck and ten cases of medical supplies. This strikes you as odd and so you ask: “Where did they get the corneas?”. She thentells you that the corneas were donated to the Tsjakestanese aid agency by wealthy Tokolese business man. He bought them from a middle man who buys body parts for transplants from prisons. The prisons carefully execute the prisoners and then take out the livers and corneas for resale. Evidently, corrupt prison wardens make huge profits from this practice and his makes them very liberal with executions, especially of political prisoners.
You tell the director that the origin of these Tsjakestanesecorneas makes you uncomfortable. The director says: “We have no problem with using them. If you don’t want them, I’ll give them to someone else. There are too many people in need here.” She says.ou have only one day to decide. Tomorrow I have to radio the plane in the capital and tell it where to go next.”
Questions:
2. Analyze your ethical dilemma from the perspective of each of the following decision-making approaches:
3. What would you do? Explain and justify your answer based on your analysis in Question 2
In: Operations Management
Glo-Bus
Are there any driving forces in the two market segments/product categories where your company competes? What impact will these driving forces have? What external market opportunities for growth and increased profitability in wearable video cameras exist for your company? What external market opportunities for growth and increased profitability in UAV drones exist for your company? What external threats to your company's future well-being and profitability do you and your co-managers see? (Market overview and relevant factor/PESTEL analysis).
please write about wearable camera industry and UAV drone industry
In: Operations Management
A job evaluation plan provides for five labor grades, of which grade 5 has the highest base rates and grade 1 the lowest. The linear plan involves a range of 50 to 250 points for skill, 15 to 75 points for effort, 20 to 100 points for responsibility, and 15 to 75 points for job conditions. Each of the four factors has five degrees. Each labor grade has three money rates: a ‘low,’ a ‘mean,’ and a ‘high’ rate.
a) If the high money rate of labor grade 1 is $8 per hour and the high money rate of labor grade 5 is $20 per hour, what would be the mean money rate of labor grade 3?
b) What degree of skill is required for a labor grade of 4 if second-degree effort, second-degree responsibility, and first-degree job conditions apply?
In: Operations Management
in international business,
Discuss political, economic, and legal criteria to assess the attractiveness of doing business in different country-specific locations.
In: Operations Management
What is meant by "cloud technology" or "cloud computing" and how can it be used to implement lean management principles in a supply chain?
In: Operations Management
The onboarding of employees is a key ingredient of successful organizations. What are some of the training efforts employed by best-practice organizations?
In: Operations Management
You have thought a lot about your future business. You have probably also examined other businesses, even your future competition.
How have they diversified?
Why is diversification important?
What are some of the ways that you could diversify your business to bring in more customers?
These questions are related to my business plan blog which I am making on the restaurant business. so, please answer all the questions according to that scenario.
In: Operations Management
Using the models in the Baloh, et al., article and your additional research, evaluate ways in which HR can manage the outsourcing of innovation. Describe the methods HR can use to manage the outsourcing of innovation as a foundation of understanding. How can HR play a significant role in ensuring that the organization maintains its competitive advantage when managing the outsourcing of innovation? Provide a brief rationale.
In: Operations Management
The Bank of Seattle is open Monday through Friday from 10 a.m. to 5 p.m. From past experience, the bank knows that it needs the number of tellers shown in the table below at various times of the day.
The Bank of Seattle hires two types of tellers. Full-time tellers work 10 a.m. to 5 p.m., 5 days a week, with 1 hour off each day for lunch. The bank determines when a full-time employee takes his or her lunch hour, but each teller must go between 11 a.m. and noon, or noon and 1 p.m., or between 1 p.m. and 2 p.m. Full-time employees are paid $22 per hour, including a paid lunch hour.
The bank can also hire part time tellers. Each part-time teller works exactly 3 consecutive hours each day, the same time every day of the week. A part-time teller is paid $14 per hour. To maintain adequate quality of service, the bank has decided that at most 5 part-time tellers can be hired, and that at all times there must be at least 2 full-time tellers working for each part-time teller. Formulate (but not to solve) the problem as an LP in order to meet the bank’s teller requirements at the minimum cost.
|
Time of Day |
Minimum # of Tellers Required |
|
10 am – 11 am |
10 |
|
11 am – 12 pm |
7 |
|
12 pm – 1 pm |
6 |
|
1 pm – 2 pm |
5 |
|
2 pm – 3 pm |
8 |
|
3 pm – 4 pm |
10 |
In: Operations Management
1. TopGarment is a boutique store specializing in high-end female apparel. The store must decide on the quantity of silk scarfs to order from China for the upcoming holiday selling season, which will last 14 weeks. The unit cost of each scarf is c=$40, and the scarf is sold at p=$150. A local discount store agrees to buy any leftover scarfs at the end of the season for s=$30 each. The store manager forecasts the weekly demand to be normally distributed with a mean D=20 and a standard deviation of σD= 15.
a. What is the optimal ordering quantity for TopGarment if it has to stock all the inventory before the selling season starts? What is the optimal expected profit?
b. TopGarment worries that silk scarfs may not be appreciated by local customers. After negotiating with the supplier, the supplier commits on a lead time of 6 weeks. This allows TopGarment to place two orders, one at least 6 weeks before the season starts and another one at the end of week 1 after observing the sales of the first week. Thus, inventory ordered from the 2nd order will arrive right before week 8 and can fulfill the demand for week 8 to week 14.
(i) How much inventory should the store manager order for the 1st order? Note that the 1 st order only needs to cover the demand in weeks 1-7.
(ii) Due to the recent overwhelming workload, the store manager forgot to update her demand forecast by the end of week 1 and had to decide on the 2 nd order quantity based on her old forecast. How much inventory would she order? What is the total expected profit of the entire selling season? (You can assume that unmet demand in the first 7 weeks is lost, but leftover inventory from the 1st order can be carried over for sales in weeks 8-14.)
(iii) Fortunately, the product manager paid enough attention and did another forecast based on the sales data of week 1. She found that the demand for the product had less uncertainty than what the store manager initially thought. The new forecasted standard deviation of the weekly demand drops to 3, whereas the mean weekly demand stays at 20. The product manager reported the new forecasts to the store manager. Now, how much inventory should the store manager order for the 2nd order? What is the total expected profit of the entire selling season? (Again, unmet demand in the first 7 weeks is lost and leftover inventory from the 1st order will be carried over.)
In: Operations Management