Questions
The Bank of Seattle is open Monday through Friday from 10 a.m. to 5 p.m. From...

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...

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

Explain why the preemption issue is important and what happens when there is an ambiguity in...

Explain why the preemption issue is important and what happens when there is an ambiguity in a contract term?

In: Operations Management

Note: Please rewrite the below Assignment because it is Plagiarized so i want to make it...

Note: Please rewrite the below Assignment because it is Plagiarized so i want to make it rewrite and remove the plagiarism

SWOT Analysis

SWOT analysis stands for identifying the strengths, weakness, opportunities and threats associated with a particular product, service, project, person or company. It is generally a study undertaken by companies. Strengths and weakness are generally internal in nature while opportunities and threats are external in nature. As a company plans its next move, it should consider all of these things before proceeding. The plan's strengths and weaknesses are factors within the company's control. The company can then work to make the most of its strengths and eliminate the weaknesses. Opportunities and threats, on the other hand, are external factors within the community that could affect the project's success. The company does not have much control over these situations.

SWOT Analysis for Coca Cola

Strengths in the SWOT of Coca Cola :-

1) Brand Equity – Coca cola with its vast global presence and unique brand identity is definitely one of the costliest brands with the highest brand equity.

2) Company valuation – One of the most valuable companies in the world, Coca cola is valued around 79.2 billion dollars. This valuation includes the brand value, the numerous factories and assets spread out across the world and the complete operations cost and profit of Coca cola.

3) Vast global presence – Coca cola is present in 200 countries across the world. Chances are, any country that you go to, you will find coca cola present in that market.

4) Largest market share – There are only 2 Big competitors in the beverage segment – Pepsi and Coca cola. Out of these two, coca cola is the clear winner and hence has the largest market share. Amongst all beverages, Coke, Thums up, Sprite, Diet coke, Fanta, Limca and Maaza are the growth drivers for Coca Cola.

5) Fantastic marketing strategies – Coca cola unlike Pepsi always tries to win peoples heart. Where Pepsi’s target is continuously changing, and is targeted towards youngsters, Coca cola targets people of all ages. The targeting is also done by celebrities who are well liked – for example – Amitabh Bacchan, Sachin tendulkar, Aishwarya Rai, Aamir Khan etc.

6) Customer Loyalty – With such strong products, it is natural that Coca cola has a lot of customer loyalty. The products mentioned above like Coca cola and Fanta have a huge fan following. People will prefer these soft drinks over others. Because of the good taste of Coca cola, finding substitutes becomes difficult for the customer.

7) Distribution network – Coca cola has the largest distribution network because of the demand in the market for its products. On the other hand, due to this successful distribution network, Coca cola has been able to command such a high market presence.

Weaknesses in the SWOT of coca cola :-

1) Competition with Pepsi – Pepsi is a thorn in the flesh for Coca cola. Coca cola would have been the clear market leader had it not been for Pepsi. The competition in these two brands is immense and we don’t think Pepsi will give up so easily.

2) Product Diversification is low – Where Pepsi has made a smart move and diversified into the snacks segment with products like Lays and Kurkure, Coca cola is missing from that segment. The segment is also a good revenue driver for Pepsi and had Coca cola been present in this segment, these products would have been an additional revenue driver for the company.

3) Absence in health beverages – If you watch the news, you would know that obesity is a major problem affecting people nowadays. The business environment is changing and people are taking measures to ensure that they are not obese. Carbonated beverages are one of the major reasons for fat intake and Coca cola is the largest manufacturer of Carbonated beverages. The inference is that the consumption of beverages in developed countries might go down as people will prefer a healthy alternative.

4) Water management – Coca cola has faced flak in the past due to its water management issues. Several groups have raised lawsuits in the name of Coca cola because of their vast consumption of water even in water scarce regions. At the same time, people have also blamed Coca cola for mixing pesticides in the water to clear contaminants. Thus water management needs to be better for Coca cola.

Opportunities in the SWOT of coca cola :-

1) Diversification – Diversification in the health and food business will improve the offerings of Coca cola to their customers. This will also ensure that they get better revenue from existing customers by cross selling their products. The supply chain which is distributing their beverages can also distribute these snacks thereby sharing the load of Supply chain costs.

2) Developing nations – Although developed nations have a high presence of Coca cola, these countries are slowly moving towards healthy beverages. However developing countries are still being introduced to the delight of carbonated drinks and soft drinks. Countries like India which are developing and have a hot summer, find the consumption of cold drinks almost doubled during summers. Thus the higher consumption in developing environment’s can be a good opportunity to capitalize for Coca cola.

3) Packaged drinking water – With hygiene becoming a major factor in the consumption of water, Packaged drinking water has found its way into peoples mind. Coca cola has a presence in the packed drinking water segment though Kinley. Although Kinleys expansion is slow as of now, Kinley has a huge potential of expansion. Thus Coca cola as a company should focus on the expansion of Kinley as a brand and take it up to Bisleri ‘s level of trust.

4) Supply chain improvement – Supply chain can be a major cost sink hole with the transportation costs always rising. Coca cola’s complete business is based on transportation and distribution. There will always be possible improvements in this area. Thus Coca cola should keep strict watch on its Supply chain and keep improving to bring the cost down.

5) Market the lesser selling products – In the product portfolio of Coca cola, there are several products which have not found acceptance in the market. Coca Cola needs to concentrate on the marketing of these products as well. It is understood that Coca cola has made several expenses to launch these products. Thus, the marketing and subsequent rise of sale of these products will help revenue of Coca cola.

Threats in the SWOT of coca cola :-

1) Raw material sourcing – Water is the only threat to Coca cola. The weakness of Coca cola was the suspected use of pesticides or vast consumption of water. However, the threat here is that water scarcity is on the rise. With the climate changing, and regions of various countries facing scarcity of water, sooner or later someone might raise fingers on beverage companies. Thus, Water sourcing is an axe which can fall anytime on the head of Coca cola. If water is limited or rationed, Coca cola can experience a major downfall in their revenue and capacity of distribution. The same can affect its arch rival Pepsi as well.

2) Indirect competitors – Coffee chains like Starbucks, Café coffee day, Costa coffee are on the rise. These chains offer a healthy competition to Coca colas carbonated drinks. They might not be a big competition for Coke, but they do give a dent to its beverage market. Similarly, health drinks like Real and Tropicana as well as energy drinks like Red bull and Gatorade are stealing away the market share indirectly.

.Required:

Question: Rewrite the Above Assignment in your own words?

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Note: Please rewrite the below Assignment because it is Plagiarized so i want to make it rewrite and remove the plagiarism

In: Operations Management

Explain how to determine whether a decision is strategic?

Explain how to determine whether a decision is strategic?

In: Operations Management

Boeing 2020 PESTEL analyss

Boeing 2020 PESTEL analyss

In: Operations Management

Should Amazon enter additional emerging markets immediately? If so, why and where? If not, why not...

Should Amazon enter additional emerging markets immediately? If so, why and where? If not, why not and where should its focus be? More broadly, how sustainable is Amazon’s simultaneous pursuit of geographic, horizontal, and vertical expansion?

In: Operations Management

Did Amazon succeed in China? What did it learn?

Did Amazon succeed in China? What did it learn?

In: Operations Management

Provide two or three examples of strategic management decisions.

Provide two or three examples of strategic management decisions.

In: Operations Management

Why is a visual analysis important in communicating findings in a business research paper or proposal?...

Why is a visual analysis important in communicating findings in a business research paper or proposal? Give an example of a visual analysis that would be appropriate for your paper and presentation (rising health-care costs). Describe acceptable report page design methods to make your paper or presentation visually appealing.

In: Operations Management

Select one of the key concepts from below for your Discussion response for this week. Be...

Select one of the key concepts from below for your Discussion response for this week. Be sure to identify the name of the organization. If organization’s name needs to stay anonymous, please check with the instructor ahead of time regarding how to approach that.

  • Discuss different types of operations management and project management activities that occur at the organization of your choice.
  • Provide examples of single-factor and multifactor productivity measures.
  • Provide two examples of operations management activities at an organization you considered and its inputs and outputs, productivity measures, and classify whether it is a goods or services producing organization.

Be sure to post an initial, about 250-word substantive response

In: Operations Management

Analyze one (1) human resource ethical issue that you believe is prominent in today’s organizations. Suggest...

Analyze one (1) human resource ethical issue that you believe is prominent in today’s organizations. Suggest two (2) approaches that organizations could take in order to resolve this issue. Provide a rationale for your response. Rank the major ethical issues and dilemmas in business in order of importance (one [1] being the most important). Provide a rationale for your response.

In: Operations Management

Another key objective for a firm is to "Retain Human Capital".  Given this, please read the passage...

Another key objective for a firm is to "Retain Human Capital".  Given this, please read the passage below and answer the 2 questions that follow.

The Blurring Boundaries Between Work and Home

One of the most interesting transformations taking place in the work place today is the rapid blurring of the boundaries between home and office. The following numbers, based on a survey of large companies that employ more than 500 employees, tell an interesting story.

¨             40 percent of large companies allow part-time telecommuting.

                ¨             16 percent of large companies offer child care centers, some even subsidized by the company.

                ¨             3 percent of large companies allow employees to bring their pets to work.

  1. Do these numbers surprise you?

  2. Why do you think companies permit such flexibility, even in an environment where unemployment is high?

In: Operations Management

Managing the Productivity of Human capital under various Leadership approaches

Managing the Productivity of Human capital under various Leadership approaches

In: Operations Management

major legislation, rules or regulations when running a restaurant and bar business in Trinidad and Tobago

major legislation, rules or regulations when running a restaurant and bar business in Trinidad and Tobago

In: Operations Management