Discuss how organisational leadership style is related to employee leadership skills, leadership and business trends.
In: Operations Management
Please provide a mathematical (algebraic) formulation for each problem along with a solution using the Excel Solver.
Problem #1: Investment Problem (Product Mix Problem)
Brian Givens is a financial analyst for Retirement Planning Services, Inc. who specializes in designing retirement income portfolios for retirees using corporate bonds. He has just completed a consultation with the client who expects to have $750,000 in liquid assets to invest when she retires next month. Brian and his client agreed to consider upcoming bond issues from the following six companies.
|
Company |
Return |
Years to Maturity |
Rating |
|
Acme Chemical |
8.65% |
11 |
1-Excellent |
|
DynaStar |
9.50% |
10 |
3-Good |
|
Eagle Vision |
10.00% |
6 |
4-Fair |
|
Micro Modeling |
8.75% |
10 |
1-Excellent |
|
Opti Pro |
9.25% |
7 |
3-Good |
|
Sabre Systems |
9.00% |
13 |
2-Very Good |
The column labeled “Return” in this table represents the expected annual yield on each bond, the column labeled “Years to Maturity” indicates the length of time over which bonds will be payable, and the column labeled “Rating” indicates an independent underwriter’s assessment of the quality or risk associated with each issue. Assume that Brian re-invests into a bond when it matures. The expected annual yield does not change for each bond (has already factored compounded annual growth for the % return provided). This will also avoid the need to consider any NPV analysis that can alter the allocation. Think simple and keep the formulation linear.
Brian believes that all the companies are relatively safe investments. However, to protect his client’s income, Brian and his client agreed that no more than 25% of the money should be invested in any one investment and at least half of her money should be invested in long-term bonds which mature in ten or more years. Also, even though DynaStar, Eagle Vision, and Opti Pro offer the highest returns, it was agreed that no more than 35% percent of the money should be invested in these bonds since they also represent the highest risks (i.e., they were rated lower than “very good”).
Brian needs to determine how to allocate his client’s investments to maximize her income while meeting their agreed upon investment restrictions.
In: Operations Management
In: Operations Management
In Gonzales v. Raich, do you think Justice Stevens, for the Opinion of the Court, or Justice O'Connor, in her dissenting opinion gave the better argument on how the Commerce Clause should be interpreted?
In: Operations Management
The following represents a project that should be scheduled using CPM:
| IMMEDIATE PREDECESSORS | TIMES (DAYS) | |||
| ACTIVITY | a | m | b | |
| A | — | 1 | 4 | 7 |
| B | — | 1 | 3 | 5 |
| C | A | 2 | 5 | 11 |
| D | A | 1 | 8 | 9 |
| E | B | 1 | 2 | 3 |
| F | C,D | 1 | 6 | 11 |
| G | D,E | 1 | 2 | 3 |
| H | F,G | 2 | 3 | 3 |
b. What is the critical path?
| B-E-G-H | |
| A-C-F-H | |
| A-D-F-H | |
| A-D-G-H |
c. What is the expected project completion time? (Round your answer to 3 decimal places.)
Project completion time days
d. What is the probability of completing this project within 22 days? (Do not round intermediate calculations. Round your answer to 4 decimal places.)
Probability
In: Operations Management
1. Why is business execution so difficult on larger initiatives? Explain in detail
2. These are 5 factors in successful business
execution: competencies, processes, disciplines, attitudes, and
behaviors. Choose three 3 that you believe are the most important
and explain why.
In: Operations Management
Interview a person who is employed in a sex-atypical occupation (e.g., a male dental hygienist or female professor of business in a tenure-track position). What factors affected his or her career decision? What background experiences and/or educational requirements were needed to qualify for this particular job? What were the reactions of families, friends, and coworkers? What diversity-related experiences have stood out for this person at work?
In: Operations Management
Write a short 200 words on any one thing you learned this semester about international management. Try to pick an insight that you found truly interesting and make it something that looks at the big picture of international management or trade or globalization.
In: Operations Management
How is Threat of New Entrants and Threat of Substitutes prominent in GameStop's industry?
In: Operations Management
Mary owns a small accounting firm named GOACCOUNTING in midtown Manhattan that has a loyal base of clients who are all in the fitness business. The firm has been in business for 15 years. Mary’s main clients are within the State of New York. After much discussion, Mary negotiates to sell her firm to Benny for $1,000,000. As part of the agreement, Mary agrees not to practice accounting in Manhattan for a period of 18 months from the date of sale. One month after the sale of the business is made, Mary is feeling idle and bored so she begins to practice accounting again from her Manhattan apartment. She sends emails to her former clients letting them know she is “back in business.”
A - Is the agreement to sell the business from Mary to Benny fully enforceable?
B - Does the agreement need to be in writing? Why or why not?
C - If Benny sues Mary and wins, to what relief would Benny, if any, be entitled?
Explain A-C fully.
In: Operations Management
In: Operations Management
In: Operations Management
A quality control inspector has taken four samples with five
observations each at the Beautiful Shampoo Company, measuring the
volume of shampoo per bottle. If the average range for the four
samples is 0.4 ounces and the average mean of the observations is
20.0 ounces, develop 3-sigma control limits for the bottling
operation. (Round answers to
2 decimal places, e.g. 15.25.)
| CL | ||
| UCL | ||
| LCL |
In: Operations Management
In: Operations Management
Statistical Process Control
T. Crews, Inc. has been contracted to make Foolio. The recipe calls for 100 milligrams of taurine in each 16-ounce bottle. To make sure that they are in compliance, T. Crews has pulled eight bottles of Foolio from its last eleven batches and tested them for taurine content. The data from these tests is below.
Use this data for questions 8 – 14.
|
Mg taurine per bottle |
||||||||
|
Batch |
Bottle 1 |
Bottle 2 |
Bottle 3 |
Bottle 4 |
Bottle 5 |
Bottle 6 |
Bottle 7 |
Bottle 8 |
|
1 |
103.37 |
104.15 |
105.02 |
105.90 |
105.45 |
107.15 |
109.02 |
109.50 |
|
2 |
101.00 |
99.42 |
96.72 |
98.50 |
95.13 |
96.15 |
98.83 |
93.30 |
|
3 |
103.30 |
100.11 |
101.96 |
102.40 |
100.37 |
100.22 |
106.50 |
101.20 |
|
4 |
101.00 |
99.73 |
108.31 |
103.75 |
109.70 |
100.35 |
108.00 |
95.93 |
|
5 |
101.35 |
104.62 |
108.12 |
103.10 |
99.69 |
103.83 |
97.16 |
104.11 |
|
6 |
98.05 |
98.58 |
97.35 |
100.25 |
101.39 |
100.55 |
101.34 |
109.07 |
|
7 |
96.65 |
98.96 |
92.61 |
107.28 |
97.08 |
99.75 |
107.35 |
104.48 |
|
8 |
107.00 |
103.56 |
101.39 |
97.65 |
103.65 |
102.62 |
98.26 |
100.67 |
|
9 |
100.97 |
103.42 |
101.98 |
99.36 |
112.08 |
103.18 |
100.75 |
104.36 |
|
10 |
107.15 |
98.30 |
98.25 |
105.33 |
97.45 |
99.12 |
103.95 |
103.71 |
|
11 |
107.02 |
104.07 |
106.00 |
101.89 |
102.51 |
103.06 |
102.48 |
97.87 |
a. Less than 100.00
b. Between 100.00 and 102.00
c. Between 102.01 and 104.00
d. Between 104.01 and 106.00
e. Greater than 106.00
a. Less than 96.00
b. Between 96.00 and 97.00
c. Between 97.01 and 98.00
d. Between 98.01 and 99.00
e. Greater than 99.00
|
True |
|
|
False |
a. Yes, because all points on the r-chart are within the control limits
b. Yes, because all points on the r-chart and x-bar chart are within the control limits
c. No, because points on the r-chart or x-bar chart are not within the control limits
d. No, because points on R chart are too close to average
a) The later of the two precedent activities’ “Early Start” times
b) The activity’s start time minus its duration
c) The earlier of the two precedent activities’ “Early Finish” times
d) The later of the two precedent activities’ “Early Finish” times
a) information sharing between partners
b) limited supply chain visibility
c) considering the capabilities of partners when creating new processes
d) joint investment between firms in a supply chain
In: Operations Management