Discuss three strategies or practices identified in the book
that you feel are most important in planning, composing, and
revising professional documents. Which of these do you use? Which
part of the process do you spend more time on: revising, editing,
or proofreading? Why?
In: Operations Management
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2. Get ready Read the following description of a problem and possible solutions. Problem: One of the subproblems for Quest Specialty Travel is that their educational tours are not very popular. Possible solutions: · Create a partnership with established educational tour company · Focus on one type of educational travel, such as cooking · Add class or workshop to every cultural and adventure tour · Coordinate with on-site schools |
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3. Now you try it In the following space, review the list of possible solutions to the problem of unpopular educational tours and then complete Table 1 or Table 2 according to the guidelines in the “Evaluating Options” chapter. Table 1: Comparing options
1 = This option is better than the other option Table 2: Ranking and weighting options
Points: Rank each option by assigning 1-5
points for each criterion |
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In: Operations Management
Why is the format of advisement more depend on the target market rather than the target audience?
Why is the importance of TV ads faded in the U.S. Market?
Why do so many businesses rather advertise there products and services online rather than traditional TV, or newspaper ads.?
In: Operations Management
Kaizen process that most of us are familiar with and demonstrates how the tools of Lean can be used to improve the process. Select another simple process that you are familiar with (possible examples include - unloading a dishwasher, getting ready to leave the house in the morning, ordering food at a drive up window, studying for an exam, or any process you've carried out multiple times) Identify at-least 3 forms of waste in the process and then select 3 of the tools from Lean to improve each the forms of waste you identified.
In: Operations Management
In: Operations Management
the government allowed supermarkets to operate in light of the spread of the Corona epidemic 19. how will you import your stock of goods in light of this epidemic and how will your new approach to buying be in this situation
In: Operations Management
Using an example, explain why a business must identify and leverage its competitive advantages in order to gain and maintain market share in competitive industries.
In: Operations Management
Is Amazon a dot-com success, borderline business, or failure? What information forms the basis of your decision? Why? When answering these questions, pay special attention to the company’s two-year trends in revenues, cost of sales, gross margins, operating expenses, and net margins.
In: Operations Management
The Travel Luggage Company “LugPro” designs and manufactures several different styles of soft- and hardcover luggage, briefcases, hanging bags, and purses. Their best-selling item is a line of hardcover luggage called the Trotter. It is produced in a basic five-stage assembly process that can accommodate several different outer coverings and colors. The assembly process includes constructing a heavy-duty plastic and metal frame; attaching the outer covering; joining the top and bottom and attaching the hinge mechanism; attaching the latches, lock, and handle; and doing the finishing work, including the luggage lining. Several hundred new pieces of luggage of particular shape and color are initiated through the assembly process each week in the company’s two factories. Travel Luggage Company also runs its own logistics operations to serve their customers in their 200 outlets all around Middle East.
1- Answer shortly the following questions: (6 Marks, 1.5 Marks each)
a) Name three main functions, which are found in every organization, in Travel Luggage Company.
b) What constitutes operations in Travel Luggage Company? Name at least three activities?
c) Describe the inputs and outputs of Travel Luggage Company’s manufacturing operations.
d) Name and explain at least three differences between Travel Luggage Company’s operations and a bank’s operations?
In: Operations Management
Topic 3
Book: Operations and Supply Chain Management Jacobs & Chase 14e
6. a.) Evaluate the forecasting model using 3 month moving average, and 3 month moving weighted average, and exponential. The weights are .5 for the most recent demand, .25 for the other months. Alpha = .3. Use the weighted moving average for January Forecast.
b.) Calculate MAD and MAPE for each and compare. Which method is a better forecast and why?
Demand
Oct 300
Nov 360
Dec 425
Jan 405
Feb 430
Mar 505
Apr 550
May 490
In: Operations Management
Chapter 12 in the “Questions and Exercises” section of 12.4 answer questions #1 & 3.
In what ways is data collected at Rent the Runway?
How does data enhance the customer experience?
How does data enhance firm operations? How does it help cut costs and improve efficiency?
In: Operations Management
With its innovative strategy of transforming logistics delivery to third party from traditional carriers such as USPS, UPS and FedEx, can Amazon succeed in reducing its logistic costs and fulfilling its promise to efficiently deliver the brown box to its customer in 2 days? PLEASE SUPPORT ANSWERS WITH PROPER DATA DESCRIPTIONS.
In: Operations Management
Choose and evaluate three TV commercials in terms of product, brand awareness/ recognition. Use AIDA model to explain the effectiveness of each commercial.
In: Operations Management
Topic 3
Book: Operations and Supply Chain Management Jacobs & Chase 14e
5. a. List the three of the six Components of Demand and give an example of each.
b. List the four most common types of trends and explain each.
In: Operations Management
4. Suppose that you and two other students are working on a team research project for a course you are all taking. To complete the project, you expect that the three of you will need to work together on reviewing related literature for about four days. Then, you will divide the work into three parts: collecting financial data (3 days), writing the text of the paper (5 days), and preparing the figures and tables (2 days). Then the team will work together in assembling and editing the paper (5 days).
a. Assuming that none of the work can be done in parallel (i.e., collecting data must precede writing, which must precede preparing figures and tables), how many days will it take to complete your research project?
b. Ideally, the work would be best accomplished serially (as in question “a” above) so that all information created in one task is available for the processing of the next task. However, assuming for the moment that collecting data, writing text, and preparing figures and tables can be done in parallel (i.e., each task can be done by a different team member independently and simultaneously), how many days will it take to complete your research project?
In: Operations Management