Questions
What are the requirements of growth?

What are the requirements of growth?

In: Operations Management

What are the some advantages of growing a business

What are the some advantages of growing a business

In: Operations Management

1. Companies encounter many difficulties in adapting their strategies to deal with the effects of a...

1. Companies encounter many difficulties in adapting their strategies to deal with the effects of a currency crisis that becomes an economic crash. How did local and international companies adapt to the business environment at the height of Argentina’s crisis?

2. What has been the impact on the savings and purchasing power of ordinary citizens?

In: Operations Management

Why do we need to set performance objectives and continually monitor performance against these target levels?

Why do we need to set performance objectives and continually monitor performance against these target levels?

In: Operations Management

What problem should the owner be aware of when expending? How might these problem dealt with?

What problem should the owner be aware of when expending? How might these problem dealt with?

In: Operations Management

175 words: Discuss risks and biases for a chosen organization. How can they taint analysis? How...

175 words:

Discuss risks and biases for a chosen organization. How can they taint analysis? How could you minimize resistance to the use of analytics-based decision-making?


In: Operations Management

How have societal changes impacted leadership in the workplace?

How have societal changes impacted leadership in the workplace?

In: Operations Management

Computech is a company that sells computers and software. The company has a website that allows...

Computech is a company that sells computers and software. The company has a website that allows customers to post comments about the computers and software it sells. Why is it important for this company to encourage customer feedback?

  • Consumers are more likely to say positive things about companies that value their opinions.

  • Negative consumer feedback can actually attract more customer interest in the product.

  • Most online shoppers will only buy products if they can voice their opinions about them after the purchase.

  • Allowing consumer feedback makes it less likely that consumers will provide their feedback.

  • Most online shoppers search the Internet for ratings and reviews before making major purchase decisions.

Paul wants to buy a new car. Which of the following is he most likely to consider when making his decision on the type of car to buy?

  • the exciting new features a certain type of car includes, as highlighted in a television advertisement

  • a recommendation from his mother on the best type of car to buy

  • a recommendation from a local car salesperson on the best type of car to buy

  • a deal website that compares different types of cars, so he can choose the one he likes best

  • a car dealership's website that provides information about its cars' features and benefits

________ help determine the percentage of customers who clicked on a link on a site.

  • Digital footprints

  • Metrics

  • Performance measures

  • Audience reports

  • Conversions

Niran has initiated a scam in which he counterfeited a well-known banking website and sent out e-mails to direct victims to it. By making this website look authentic, he was able to get victims to reveal their social security numbers, bank account numbers, and credit card numbers. What type of scam is Niran running in this scenario?

  • hacking

  • password breaking

  • phishing

  • intellectual property theft

  • utility fraud

In: Operations Management

An electronics company is looking to develop a regression model to predict the number of units...

An electronics company is looking to develop a regression model to predict the number of units sold for a special running watch. Data is provided below: Sales (units) Price ($) Advertising ($) Holiday 500 100 50 Yes 480 120 40 Yes 485 110 45 No 510 103 55 Yes 490 108 40 No 488 109 30 No 496 106 45 Yes Compile an excel spreadsheet for the above data and determine the regression equation Answer (a) X3 = 1 if it is a holiday and 0 if not. (b) 0.4670

Answers:

Y = 596.02 - 1.09X1 +0.28X2 + 4.34X3 where X1 = Price, X2 = Advertising, X3 = Dummy Variable for Holiday

Y = 596.02 + 1.09X1 +0.28X2 + 4.34X3 where X1 = Price, X2 = Advertising, X3 = Dummy Variable for Holiday

Y = 59.62 - 1.09X1 +0.28X2 + 4.34X3 where X1 = Price, X2 = Advertising, X3 = Dummy Variable for Holiday

596.02 - 0.28X1 + 1.09X2 + 4.34X3 where X1 = Price, X2 = Advertising, X3 = Dummy Variable for Holiday

In: Operations Management

Specifications for the computer upgrades are 77 minutes and 81 minutes. Estimate the percentage of process...

Specifications for the computer upgrades are 77 minutes and 81 minutes. Estimate the percentage of process output that can be expected to fall within the specifications. (Round your answer to 1 decimal place. Omit the "%" sign in your response.)
  

SAMPLE
1 2 3 4 5 6
79.2 78.4 79.6 78.9 80.5 79.7
81.9 78.7 79.6 79.8 79.6 80.6
80.0 81.0 78.9 79.7 80.4 79.1
78.4 80.4 80.3 79.4 78.5 80.0
81.0 80.1 80.8 80.6 78.8 81.1


Expected process output              %

In: Operations Management

Purpose: This exercise evokes a description of your organization from a dynamic living organism perspective. Goal:...


Purpose: This exercise evokes a description of your organization from a dynamic living organism perspective.

Goal: To draw an animal that best represents our organization – real or imaginary?

Instructions: In your group, reach some agreement with answers to the following questions or statements. The answers must be represented on the drawing…no words are allowed!
What animal (real or imaginary really depicts the organization today?
Describe this animal in detail.
Is it male, female, neither, both?
Describe its temperament…gentle, domestic, wild, unpredictable.
What are its feeding habits, living routines, and other habits?
Describe its environment, how it succeeds in competition for food?
What are its strengths, weaknesses, vulnerabilities?
How does it relate to the internal systems which comprise it? Does it use its organs for functions to its advantage or cause harm to it?
How would you adapt or change the animal if you had the power to do so and why? (to be explained after the drawing is completed)

In: Operations Management

The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340...

The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams) and a box of six 1-ounce chocolate bars (170 grams).

a.Specifications for the 12-ounce bar are 330 grams to 350 grams. What is the largest standard deviation (in grams) that the machine that fills the bar molds can have and still be considered capable if the average fill is 340 grams? (Round your intermediate calculations to 2 decimal places and final answer to 3 decimal places.)
  

Standard deviation              grams

b.The machine that fills the bar molds for the 1-ounce bars has a standard deviation of .82 gram. The filling machine is set to deliver an average of 1.01 ounces per bar. Specifications for the six-bar box are 157 to 183 grams. Is the process capable? Hint: The variance for the box is equal to six times the bar variance.
  

  • Yes

  • No


c.What is the lowest setting in ounces for the filling machine that will provide capability in terms of the six-bar box? (Round your intermediate calculations to 2 decimal places and final answer to 3 decimal places.)
  

Lowest setting              ounces

In: Operations Management

Zan Azlett and Angela Zesiger have joined forces to start​ A&Z Lettuce​ Products, a processor of...

Zan Azlett and Angela Zesiger have joined forces to start​ A&Z Lettuce​ Products, a processor of packaged shredded lettuce for institutional use. Zan has years of food processing​ experience, and Angela has extensive commercial food preparation experience. The process will consist of opening crates of lettuce and then​ sorting, washing,​ slicing, preserving, and finally packaging the prepared lettuce.​ Together, with help from​ vendors, they think they can adequately estimate​ demand, fixed​ costs, revenues, and variable cost per bag of lettuce. They think a largely manual process will have monthly fixed costs of $ 36 comma 000 and variable costs of $ 1.60 per bag. A more mechanized process will have fixed costs of $ 72 comma 000 per month with variable costs of $ 1.00 per bag. They expect to sell the shredded lettuce for $ 2.75 per bag.

​a) The​ break-even quantity in units for the manual process​ = ________ bags ​(round your response to the nearest whole​ number).

​b) The revenue for the manual process at the​ break-even quantity​ = ________ (round your response to the nearest whole​ number).

c) The​ break-even quantity in units for the mechanized process​ =_______ bags ​(round your response to the nearest whole​ number).

d) The revenue for the mechanized process at the​ break-even quantity​ =______ (round your response to the nearest whole​ number).

e) For monthly sales of 65,000 bags, for the option with manual​ processing, A&Z Lettuce Products will have a profit of $______ (round your response to the nearest whole number and include a minus sign if the profit is​ negative).

​f) For monthly sales of 65,0000 ​bags, for the option with mechanized​ processing, A&Z Lettuce Products will have a profit of $_____ (round your response to the nearest whole number and include a minus sign if the profit is​ negative).

​g) The quantity at which Zan and Angela are going to be indifferent between the manual and mechanized process​ = ______ bags round your response to the nearest whole​ number).

​h) If the demand exceeds the point of​ indifference, then Zan and Angela should prefer the option with (mechanized/manual) processing.

If the demand stays below the point of​ indifference, then Zan and Angela should prefer the option with (mechanized/manual) processing.

In: Operations Management

with the aid of an example,critically discuss how making cost and schedule trade-offs may accelerate projects...

with the aid of an example,critically discuss how making cost and schedule trade-offs may accelerate projects duration.

In: Operations Management

i) What governance structures and systems failed and in what way? “There is a need for...

i) What governance structures and systems failed and in what way?

“There is a need for regulation of our accounting profession. We cannot afford a system, like the present one, that facilitates failure rather than success. Accounting firms have public responsibilities. We have had too many financial and accounting failures…. While there are many facets of our system that need repair, the potential loss of confidence in our accounting firms and the audit process is a burden our capital markets cannot and should not bear”
(Harvey Pitt, President of the US SEC).
In the wake of Enron Collapse
A) While the statement above was made in the context of the US, it is equally true for many other countries, including South Africa.

In: Operations Management