When transitioning to cloud-based ERPs, what issues should Chief Information Officers consider?
In: Operations Management
Illustrate generic Strategies of Cost Leadership and Focus with appropriate example
In: Operations Management
In: Operations Management
Savalot Shopping Centre Ltd (“SSC”) recently opened a new store in your city. SSC is a membership warehouse club: - this means customers must become a member before they can shop at SSC. As a new business in the area, SSC was keen to attract as many new members as possible so it started an advertising campaign.
The advertising campaign included a catalogue with the following wording at the top of the front page in large bold font:
Do you want to save $$$$ you know you do!!!!!!
Huge savings for all new members
Get a HUGE 25% off all products if you join right now! Today in fact! 30 todays only!
Memberships will go fast, first in best dressed. Be late be disappointed – memberships are limited
At the very bottom of the advertisement, there is additional wording in very small print which states:
“The 25% price reduction for new members only applies to the first $150.00 of items purchased. Fruit and vegetables excluded.”
Dess saw the advertisement flyer and picked it up. Dess thought he could save money by buying bulk supplies for his large family, however, he basically stopped reading at 25% discount and didn’t notice the fine print.
Dess didn’t want to miss out on the limited memberships, so he went to SSC the next day and paid a $10 monthly membership fee, signed some terms and conditions which he briefly glanced at, got his membership card and started shopping. Dess filled five trollies with bulk household items worth about $1200.00.
At the checkout, Dess is told that the 25% discount only applies to the first $100.00 of items purchased. Dess complained and was referred to Miss Strict, a “customer care representative”.
Miss Strict showed Dess the fine print in the advertisement. Dess got very angry and decided not to buy anything. Dess then asked Miss Strict to cancel his membership. However, Miss Strict reminded Dess he signed the terms and conditions which included the following term:
1. The Customer is not permitted to cancel the membership before the expiry of 12 months unless the customer pays a cancellation fee of $150.00.
Dess attempted to negotiate with Miss Strict arguing it was just ridiculous to have such small printing and this was an entirely unacceptable to charge $150 to cancel a $10 membership However, Miss Strict told Dess:
“This is your fault, you should have read the advertisement more carefully, and you indicated you read the terms and conditions by ticking this box and signing the terms and conditions. I think it is unreasonable you think you have grounds to complain.”
Dess stalks out of SSC and decided to lodge a complaint with the Australian Competition and Consumer Commission (“the ACCC”).
Required
Part A ( 15 Marks)
Using the IRAC legal problem solving process give your conclusion on whether the ACCC have any grounds to start legal proceedings against “SSC”?
Please limit your response to a consideration of the general protections under the Australian Consumer Law.
In: Operations Management
A company has the following history of sales for an item.
Month Sales Volume
Jan. 120
Feb. 90
Mar. 100
Apr. 75
May 110
Jun. 50
Jul. 75
Aug. 130
Sep. 110
Oct. 90
Compute the monthly demand forecast for April through November using a 3-month moving average. Compute the monthly demand forecast for June through November using a 5-month moving average. Compute the monthly demand forecast for April through November using a 3-month weighted moving average. Use weights of 0.5, 0.33, and 0.17, with the heavier weights on the more recent months. Compute the mean absolute deviation (MAD) for June through October for each of the methods used. Which method would you use to forecast demand for November?
In: Operations Management
In the globalized market, contemporary business leaders must manage a variety of cultural expectations and adapt them to the workplace. What cultural differences of values and behaviors are most important for a manager to be aware of? How could a business manager best handle cultural conflict?
Make at least 200 words or more, thank you.
In: Operations Management
Job |
Remaining Processing time (days) |
Remaining time until due date (days) |
Critical ratio (?) |
A |
20 |
30 |
|
B |
30 |
50 |
|
C |
10 |
25 |
|
D |
16 |
80 |
|
E |
18 |
12 |
In: Operations Management
Over the past 25 years, the role of procurement within companies has changed dramatically from that of simply buying goods and services to overseeing an integrated set of management functions. Procurement has crept into every aspect of management, from category management to managing supplier relationships, contracts and payments, and strategy. As companies look beyond short-term costs and the scope of procurement-related issues has grown, procurement professionals are paying more attention not just to what they spend on goods and services but to the broader costs of operating, maintaining and replacing the items and resources they purchase over time. What in your opinion are the reasons why despite procurement’s increased level of importance, it has yet to achieve the high-level recognition it deserves? Please explain.
In: Operations Management
In: Operations Management
|
|
In: Operations Management
What are some causes for widespread usage of high frequency trading?
In: Operations Management
Explain the purpose and functions of strategic HRM, with an example from the real company?
please write at least 2 pages computerized
In: Operations Management
Complete Computer (CC) is a retailer of computer equipment in Minneapolis with four retail outlets. Currently each outlet manages its ordering independently. Demand at each retail outlet averages 4,043 units per week. Each unit costs $200 and CC has a holding cost of 20%. The fixed cost of each order (administrative + transportation) is $902. Assume 50 weeks in a year.
a) Given that each outlet orders independently and gets its own delivery, what the optimal order size at each outlet?
b) CC is thinking of centralizing purchasing (for all four outlets). In this setting, CC will place a single order (for all outlets) with the supplier. The supplier will deliver the order on a common truck to a transit point. Since individual requirements are identical across outlets, the total order is split equally and shipped to the retailers from this transit point. This entire operation has increased the fixed cost of placing an order to $1,797. If CC manages ordering optimally in the new setting, what would be the new average inventory in the CC system (across all four outlets)?
In: Operations Management
Project management
Expediting a Project
Task |
Predecessor |
Normal Time Weeks |
Normal Cost |
Crash Time |
Crash Cost |
A |
- |
4 |
$2000 |
4 |
- |
B |
A |
4 |
$1500 |
2 |
4500 |
C |
A |
6 |
5000 |
4 |
8000 |
D |
B |
2 |
1000 |
2 |
- |
E |
B |
6 |
8000 |
3 |
10000 |
F |
C |
10 |
10000 |
7 |
14000 |
G |
D |
7 |
3500 |
4 |
5000 |
H |
E |
4 |
2500 |
2 |
5000 |
I |
G,H |
3 |
2000 |
2 |
3500 |
J |
I,F |
3 |
3000 |
1 |
4500 |
Consider the project shown above.
a)Draw the network diagram and find the critical path, time and cost for an all-normal level of project activity.
b)Calculate the crash cost-per-week assuming that all activities may be partially crashed.
c)Which tasks should be crashed to do the project in 21 weeks? What is the project cost?
d)Calculate the shortest delivery time for the project. What is the cost?
In: Operations Management
One learned lecturer once commented that “It is a questionable honour to be a professional in today’s society.” Discuss this statement in light of the expansion of professional liability and the reasons for the expansion. Also comment on how many professionals can now protect themselves and their property from claims against them in terms of civil liability. (Canadian Law)
In: Operations Management