discuss the importance of the master production schedule in an MRP system. Discuss the meaning of MRP terms such as planned order release and the scheduled order receipt.
In: Operations Management
Respond to the following in a minimum of 175 words:
In: Operations Management
Do you think Insights Global Analytics knows
professional usage of statistical and data
management tools? Justify. (CLO#6)
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Answer ALL questions below. [60 marks] Question One Much debate exists within the literature about leadership and management. Kotter (1990:103) argues that management and leadership are “two distinctive and complementary systems of action” and that the former involves coping with complexity, while the latter involves coping with change. 1.1 Discuss in detail, with the use of examples, the fundamental differences between the concept of leadership versus management. 1.2 Evaluate in detail, with the use of practical examples, the advantages and disadvantages of a transformational leader. 1.3 Discuss in detail, with the use of practical examples, FOUR (4) management styles and the potential impact each style may have on a business. PROJECT GUIDELINES: Font Arial, size 12; Justified; 1.5 line spacing Length of answers should be appropriate to the mark allocation A maximum 10 pages A minimum of 6 sources to be referenced This assessment should be written in context of clarity and application of relevant theory END OF PAPER
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Which of the following statement is INCORRECT?
a. |
Neural networks mimic the way that human experts learn. |
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b. |
Neural network is also called artificial neural networks. |
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c. |
Neural networks cannot be used for prediction. |
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d. |
Neural networks are based on a model of biological activity in the brain. |
What is the output of decision trees?
a. |
A set of rules. |
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b. |
A set of weights. |
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c. |
A set of bias values. |
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d. |
Distance measures. |
For a decision tree, the number of rules is equal to _________________.
a. |
The number of classes. |
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b. |
The number of nodes. |
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c. |
The number of leaves. |
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d. |
None of the above. |
In: Operations Management
What is the order of evolution of organizational structure? international business
In: Operations Management
J.R. accepted a position at Cripple Creek Vocational University and he and his family made a permanent move. Soon, J.R. was promoted to Administrative Vice President, overseeing the purchasing department of the University. His oldest son, Jim, got a good job in educational equipment sales at Tiddley Computer Corporation in Fort Worth.
As Vice President, J.R. quickly saw the need for 4 to 5 computers in his office. Although CCVU had a bidding policy, J.R. purchased Tiddley Corporation's computers direct from Tiddley for about $3500 each, when IBM clones were selling for around $2000 and the clone had more promising features than the Tiddley. Jim handled the sale and received a healthy commission on the sale. If the purchase had gone through the normal bidding process, the TC model would not have been selected. Tiddley's local Cripple Creek franchise dealer objected to Tiddley Corporation that his protected franchise had been bypassed in the deal.
Questions:
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Are all firms impacted equally by the conditions prevailing in the automobile industry? if not, why not?
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Marian, a top graduate from Loyola in Humanities, was hired by a major corporation into a management position. Marian finished the corporation's management training program top in her group, and is performing above the norm in her position. She is really enjoying her work.
As a woman she feels isolated, as there are no other women managers and few women in her area. One night at a company party she heard a conversation between two of her male co-workers and their supervisor. They were complaining to him about Marian's lack of qualifications and her unpleasant personality. They cursed affirmative action regulations for making the hiring of Marian necessary.
Marian is very upset and wants to quit.
Questions:
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What might the reasons to maintain a large hospital care capacity? What might be the reasons to maintain a small hospital care capacity?
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Please share what leadership style your boss uses. (autocratic, democratic, laissez-faire). Give a few examples that demonstrate they use that style. Do you think the style they use is effective or should they be doing something different?
What style of leadership do you use if you are a manager, or would you use when you become a manager?
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(CHAPTER 13 Precision Agriculture Basic, 2018) List two benefits of on-farm replicated strip trials as a research tool in agronomic studies, specifically for farmers, agronomists, and researchers.
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Sandoz Nutrition Corporation is a subsidiary of the Swiss pharmaceutical giant, Sandoz Ltd. Sandoz, based in Minneapolis, Minnesota, began manufacturing Optifast 70, a liquid meal-replacement weight loss program in 1976. The six month program is designed for people who are at least 30 percent or 50 pounds over their ideal weight. Health problems often accompany excessive weight. Optifast provides an opportunity to get rid of the weight fast.
The Optifast program is only available through doctors, hospitals, and medical clinics; a prescription is required to purchase the products. The Optifast program typically begins with the patient being placed on 420 to 800 calorie diet per day of liquid protein for 12 to 16 weeks. Calorie intake is then increased to 1000 or 1200 calories per day for the remainder of the program. The total cost is between $1400 and $2800. Optifast sales grew slowly following its introduction as the medical community and consumers became aware of the program. Sales continued to build slowly until mid November1988. Then Oprah Winfrey announced on her TV talk show that she had lost 67 pounds using Optifast. She appeared on the program in size 10 jeans to prove her point. Here was a celebrity endorsing Optifast without being asked for or paid! Within hours Sandoz received more than 200,000 phone inquires about the Optifast diet program.
The firm does not publish sales figures, but they forecasted a sales increase of from 25 to 30 percent during the six weeks following Oprah’s announcement. In 1989 Sandoz launched a print advertisement program, mostly in professional journals. Its promotional brochure and ad claims included: (1) “ The one that’s clinically proven safe and effective” and (2) “You can call the Optifast program today, and have all you need to control your weight for the rest of your life.” Unfortunately for Oprah, she regained 17 pounds during the first year after she completed the Optifast program. Studies at the University of Pennsylvania suggested that people who undertake quick weight loss programs such as liquid diets are likely to experience weight rebounds. Studies at the University of Michigan indicated that as many as 90 percent of dieters regain weight within five years after losing it. Liquid diets have also been linked with dizziness, headaches, nausea, gallbladder problems, and irregular heartbeat. Thus, there appears to be some difference between claims and use experience.
Questions:
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You are running with a business since last many years. Over a period of time you have very good corporate image in market. But unfortunately since last two years your firm is passing through crisis. Your business is suffering from heavy losses. You are planning to wind up your business. Meanwhile one big corporate house has announced a big corporate deal through auction. You have also decided to take part in that deal as it will be a last option for you to save your business. On the day of auction, so many companies have participated for this bid. Committee would declare the result after lunch break. You found the closed envelope of your competitor’s bid during lunch break.
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Give an example from real company who using Owned social Media, Paid Social Media and Earned Social media in order to attracted their consumer Analyze whether it is effective :
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