Questions
Explain in a few paragraphs what Right to Privacy means in the private sector workplace,. Your...

Explain in a few paragraphs what Right to Privacy means in the private sector workplace,. Your answer must include explanations of (1) what is the fundamental right to privacy; (2) what laws provide a right to privacy in the private sector; (3) how privacy in the private sector work place is different from general privacy rights, including areas in which an employee might reasonably expect privacy.

In: Operations Management

What do current trends say regarding social media? Would you say it has positively affected customer...

What do current trends say regarding social media? Would you say it has positively affected customer relationship management? Explain using the book, slides, personal examples, etc.

In: Operations Management

Describe why CRM is so important in managing supply chains. Use an example in your discussion.

Describe why CRM is so important in managing supply chains. Use an example in your discussion.

In: Operations Management

Explain the AQCD Test for determining the quality of an external factor. Why should the AQCD...

Explain the AQCD Test for determining the quality of an external factor. Why should the AQCD Test be met to the extent possible in performing an external assessment?

In: Operations Management

What is the different between factors listed in an EFE Matrix versus critical success factors listed...

What is the different between factors listed in an EFE Matrix versus critical success factors listed in a CPM? In which matrix is it particularly important to include specific, actionable factors? Why?

In: Operations Management

Let’s say you work for McDonald’s and you applied Porter’s Five-Forces Model to study the fast-food...

Let’s say you work for McDonald’s and you applied Porter’s Five-Forces Model to study the fast-food industry. Rank the five forces as to relative importance for strategic planning at McDonald’

In: Operations Management

1. Which of the following is a good reason to diversify? To pursue any new opportunity...

1. Which of the following is a good reason to diversify?

To pursue any new opportunity that allows the firm to continue growing its revenue stream

To spread your financial risk and produce more stable corporate earnings

To reinvest profits from one business in another to prevent the 2nd business from going under

To reinvest profits from one business in another with greater growth potential

All of the above are good reasons  

2.

Identify a true statement about a horizontal alliance.

It can occur between firms that have a supplier-buyer relationship

It can occur between firms who are not positioned at the same stage of the value chain but offer complementary products/services

It can occur when the output of one of the firms in the relationship is the input of the other

It can occur between firms that are positioned at different stages along the value chain

None of the above

In: Operations Management

You are trying to decide on the best mode of transportation for your company. You want...

You are trying to decide on the best mode of transportation for your company. You want to balance the cost of faster transportation with holding more inventory. This is because the amount of inventory you must hold is a function of lead time.

It costs $15 per unit per year to hold a product in inventory. The forecasted demand for this product is 10,000 units per year. The total amount of inventory is made up of two types of inventory: safety stock and in-transit. Calculations for determining the average amount of inventory for each type are given below.  

Safety Stock Cost = 2 x Average Demand during Lead Time * Holding Cost per Unit per Year

In-Transit Inventory Cost = Total Annual Demand x (Lead Time / 365) * Holding Cost per Unit per Year

Total Cost = Safety Stock Cost + In-Transit Inventory Cost + Transportation Cost

The following is data related to your transportation options.

Transportation Mode

Lead Time (Days)

Cost/Unit

Air

2

$6

Truck

7

$3.50

Rail

21

$2.75

  1. Build a spreadsheet model that calculates the total cost of transportation for Air, Truck, and Rail transportation. Based on your total cost calculations, what mode of transportation would you recommend? What is the total cost of your recommendation?
  1. How much would the cost per unit of the other two modes have to change in order to make you change your recommendation?
  1. What would the lead time of Rail have to change to in order to make it the best option?
  2. Use a one-way data table to show how the total cost of Air transportation changes as demand varies between 2,000 to 20,000 units. For what demand levels is it better to recommend Air transportation over your recommendation to Problem #1?
  1. Create a two-way data table showing the total costs at varying levels of transportation cost per unit and lead time for Truck transportation. What does this tell you
  1. How does changing the holding cost affect your recommendation to Problem #1?
  1. You run a regression and find that your demand actually appears to be related to lead time according to the following equation:

Demand = 10,700 – 100*Lead Time

Assume that you sell this item for $45. Calculate Total Profit for each of the modes of transportation. Does this affect your recommendation to Problem #1? How sensitive is this decision?

SHOW EXCEL WORK

In: Operations Management

Coca Cola, Intel, Deutsch Bank, HTC Group For each company, analyze: How do each of these...

Coca Cola, Intel, Deutsch Bank, HTC Group

For each company, analyze:

  • How do each of these companies address sustainability?
  • How does the focus on sustainability provide a strategic position for the company, if any?
  • Analyze why the company engages in social activities.
  • What form of corporate governance best fits a sustainable company?

In: Operations Management

In an EFE Matrix, should the weights for opportunities be designed to roughly equal the weights...

In an EFE Matrix, should the weights for opportunities be designed to roughly equal the weights for threats? Why?

In: Operations Management

Here’s what we know: Joe’s Budget For Cards: $18,500 TOPPS cards care sold to a retailer...

Here’s what we know:

Joe’s Budget For Cards:

$18,500

TOPPS cards care sold to a retailer only by the case.

A case contains 20 boxes.

A box contains 36 card packs.

Each box costs $30.00

Each box retails for $44.95

Each pack retails for $2.95

Charlie sold 70% of TOPPS cards in full boxes.

Charlie sold 30% in individual packs.

Charlie bought 25 cases last year.

He expects a 7% increase in demand next year.

Fleer EX cards are sold to a retailer only by the box.

Each box costs $125.

Each box retails for $179.

Each box contains 20 card packs.

Each pack retails for $8.95

Charlie bought 20 boxes last year.

Almost all Fleer EX cards are sold in full boxes.

He expects a 5% increase in demand next year.

The 7th Inning maintains around ten million cards in-stock year round, though the number is highest early each year following the release of the new professional sports team cards. In addition to major professional sports cards, Charlie also carries cards that feature movies, military hardware, and fantasy game related cards. The trading card industry has grown so much over the past several years that ordering cards is a complicated business that requires market savvy and hands-on experience. Charlie has decided to let Joe try to figure out what quantity they should order of two of his most popular selling sports trading cards, the Topps cards and the Fleer EX cards. He gives Joe a budget of $18,500 to spend and provides him with the basic cost, pricing, and other data that he will need to arrive at a recommended purchase quantity.

  1. Figure out how many of each card to order, how much the inventory will cost, and what the likely net revenue and net profit will be for each card order and for the total order of both cards.
  2. Why is it important to know the historical sales pattern of each brand before ordering cards for the next year?

In: Operations Management

Recall the Blue Ridge Hot Tubs problem we discussed in class. Let x1 = no. of...

  1. Recall the Blue Ridge Hot Tubs problem we discussed in class. Let x1 = no. of Aqua-Spas produced, x2 = no. of Hydro-Luxes produced, and x3 = no. of Typhoon-Lagoons produced. Suppose we change some of the original conditions in the problem, and solve it using Solver. Use the sensitivity report given to answer the questions below:

Sensitivity Report

Name

Final Value

Reduced Cost

Objective Coefficient

Allowable Increase

Allowable Decrease

# Aqua-Spa

110

0

350

80

30

# Hydro-Lux

0

-20

300

20

Infinite

# Typhoon-Lagoon

75

0

320

50

10

Constraints

Name

Final Value

Shadow Price

Constant RHS

Allowable Increase

Allowable Decrease

# Pumps used

175

150

175

10

15

Hrs. Labor Used

    1400

0

1500

Infinite

125

Ft. of Tubing Used

2550

7

2550

100

50

(a)What is the optimal decision? What is the value of the profit if this decision is implemented?

(b) What is the allowable set of values that the objective function coefficient of x3 can range over? How should this range be interpreted? Choose a value in that range, and calculate the value of the profit for that value.

(c) How much of each resource is being consumed to produce the optimal solution?

(d) What is the meaning of the shadow price for tubing?

(e) Why is the shadow price for labor equal to zero?

(f) What is the meaning of the reduced cost for Hydro-Luxes?

In: Operations Management

list 8 tangible and 8 intangible resources for Johnson & Johnson. then do a VRIO analysis...

list 8 tangible and 8 intangible resources for Johnson & Johnson. then do a VRIO analysis for 4 of each of the tangible and intangible resources. then, conclude whether each one creates a competitive advantage, parity, or disadvantage - and why ?

.

In: Operations Management

Imagine you are CEO of a local hospital. Which policies and procedures would you develop and...

Imagine you are CEO of a local hospital. Which policies and procedures would you develop and deploy in order to facilitate superior strategy execution?

In: Operations Management

Nowadays, access to global talent, labor, and markets is cheaper and easier than it was in...

    • Nowadays, access to global talent, labor, and markets is cheaper and easier than it was in the past.

      TrueFalse

    • 2-Select the most appropriate answer about bringing components from other continents.

      • It reduces the opportunities for line stoppage in the home country.
      • It does not increase the potential risk of violating sustainability standards.
      • It tremendously reduces the risk of violating labor standards.
      • It can delay components due to longer journeys.
      • None of the above
    • 3- Managers need to consider multiple aspects and trade-offs holistically in network design decisions.

      TrueFalse

    • 4-Which of the following is a reason to sell abroad?

      • a. expansion of the company's potential market
      • b. diversification of the company's customer base
      • c. reduction of the company's dependence on domestic economy
      • d. both a and c
      • e. a, b, and c

In: Operations Management