What are the primary causes and consequences of stress in organizations?

Problem 13-09 (Algorithmic)

Myrtle Air Express decided to offer direct service from Cleveland to Myrtle Beach. Management must decide between a full-price service using the company’s new fleet of jet aircraft and a discount service using smaller capacity commuter planes. It is clear that the best choice depends on the market reaction to the service Myrtle Air offers. Management developed estimates of the contribution to profit for each type of service based upon two possible levels of demand for service to Myrtle Beach: strong and weak. The following table shows the estimated quarterly profits (in thousands of dollars):

1. What is the decision to be made, what is the chance event, and what is the consequence for this problem?
   
   The input in the box below will not be graded, but may be reviewed and considered by your instructor.
   
   
   
   How many decision alternatives are there?
   
   Number of decision alternatives =
   
   How many outcomes are there for the chance event?
   
   Number of outcomes =
   
2. If nothing is known about the probabilities of the chance outcomes, what is the recommended decision using the optimistic, conservative and minimax regret approaches?
   

   Optimistic approach
   Conservative approach
   Minimax regret approach

3. Suppose that management of Myrtle Air Express believes that the probability of strong demand is 0.7 and the probability of weak demand is 0.3. Use the expected value approach to determine an optimal decision.
   
   Optimal Decision :  
   
4. Suppose that the probability of strong demand is 0.8 and the probability of weak demand is 0.2. What is the optimal decision using the expected value approach?
   
   Optimal Decision :  
   
5. Determine the range of demand probabilities for which each of the decision alternatives has the largest expected value. If required, round your answer to four decimal places.
   
     is the best choice if probability of strong demand is less than or equal to . For values of  greater than , the full price service is   choice.

Respond to the following in a minimum of 175 words:

• What do you think the role of collaboration is in assessing organizational culture?
• How do you think collaboration can assist an organization to align its current organizational culture with one that will facilitate positive change?
• What do you think the role of collaboration is in initiating change?
• What are some of the strategies you could use to contribute to effective collaboration when initiating change?
• Describe a behavior you have expressed in the past that prevents effective collaboration. Explain how you could avoid repeating this behavior and identify a more effective one to replace it with.

Discuss the variable that influence pricing decisions (ie the variables presented within the pricing framework box)

Fully describe the Japanese Economic Warfare model and its impact.

can i get a step by step guide to complete simulation project(alliance project)?

Discuss the issues associated with by-passing the wholesaler.

What are the benefits of Tourism Development in destinations experiencing a decline in economies.

Compare and contrast captive pricing and product bundle pricing.

What do you think are the most unique aspects of the business model for companies dealing in information rather than in physical products or conventional services?

The Boeing 777 Project had its share of Failures costing the company billions of dollars and a wealth of lessons learned.
Identify one particular failure and if given opportunity to restart the project, how would you improve the process?  

I am reposting the question because I am looking for how each correlation and causation applies in healthcare operations management.

Please provide an example of correlation and an example of causation as it relates to healthcare operations management and then explain how these concepts are important in identifying and prioritizing operational improvement opportunities.

Gerald Glynn manages the Michaels Distribution Center. After careful examination of his database​ information, he has determined the daily requirements for​ part-time loading dock personnel. The distribution center operates 7 days a​ week, and the daily​ part-time staffing requirements are                                                                                                                      Day M T W Th F S Su Requirements 5 5 3 3 7 2 4 Find the minimum number of workers Glynn must hire. Prepare a workforce schedule for these individuals so that each will have 2 consecutive days off per week and all staffing requirements will be satisfied. Give preference to the​ S-Su pair in case of a tie. ​(Note: If there is a tie that cannot be broken by following the preference to the​ S-Su pair, choose the pair closest to the beginning of the considered​ week.) The minimum number of workers is 7 workers. ​(Enter your response as a whole​ number.) Specify the workforce schedule for each employee by indicating the day offs​ (other days are considered to be work​ days.) Make sure to give preference to the​ S-Su pair in case of a tie. ​(Note: If there is a tie that cannot be broken by following the preference to the​ S-Su pair, choose the pair closest to the beginning of the considered​ week, with Monday being considered as the first day of the​ week.)

What is the relationship among the marketing, operational, and financial plans? How can you ensure that they are accurately aligned?

ACME Pharmaceutical Inc. has heard all the allegations about the trauma suffered by people as a result of receiving needles for vaccinations. They have decided to develop a new method for giving vaccines orally rather than by needle. ACME has invested years and millions of dollars into developing this new method for the administering of vaccines. ACME believes this development can be expanded to be used to replace the need for needles and help avoid the enormous environmental impact medical waste has.

ACME wishes to protect this new method of giving vaccines. As Manager of New Products at ACME, you are asked to take on the process of protecting this new process.

Not only are you asked to protect this discovery but your boss also insists that you identify a legal method which would allow you to offer the use of ACME’s new process to other pharmaceutical companies in Canada and the United States as a way to increase the revenues of ACME.

1. Given that ACME wishes to protect its newly invented process, what is the name of the type of intellectual property protection that is most appropriate in this instance? Define, or explain, this particular type of intellectual property protection.
2. Identify, and briefly describe, the three key factors which must be present before one can obtain this specific type of intellectual property protection.
3. In what countries should you file for this intellectual property protection in order to satisfy the instructions insisted upon by your boss?
4. Briefly describe how ACME can increase its revenues by allowing other companies to use its new process. What is the legal name of this type of money-making transaction?