Exercise 2: According to Forbes, a majority of Fortune 500 companies like Amazon, Google, and Apple suffer from high turnover rates, meaning their average employee tenure is low. In your opinion, is this a healthy trend? Why or why not? What are the implications of a low average employee tenure?

Exercise 1: An Engineering company has a total of 100 employees. Out of 100; 4 employees have been in the company for 1 year 11 employees have been in the company for 2 years 19 employees have been in the company for 3 years 40 employees have been in the company for 4 years 20 employees have been in the company for 5 years 4 employees have been in the company for 6 years 1 employee has been in the company for 8 years 1 employee has been in the company for 10 years Find out the average employee tenure. In your opinion, is it a good average employee tenure?

(a) What do we mean by the ABC inventory classification? (b) In a firm’s inventory management, it often treats a few items with the “fixed-order quantity” inventory model, while many other items with a “fixed-time period” model. Explain the rationales of this practice from the perspective of inventory management. (c) A manufacturer keeps a continuous inventory review system on the key component, part X. The annual demand on part X is 12,000 units and the demand rate is constant. The supplier charges $50 for each unit of part X. Each order costs $150 to process and annual holding cost per unit is 20% of the purchase price. What is the economic order quantity? How many orders will be placed each year (365 days)? If the lead time is 3 days, what is the reorder point?

An industry is a group of companies producing similar products or services (e.g., fast food, higher education, automotive, etc.). An industry is not limited to a small geographic area. Your Industry Analysis should consider the entire industry within the United States in which your company belongs. Include additional information about regional factors if appropriate.

The following subheadings are suggestions for organization of your memo (followed by sufficient and well-cited analyses):

• Industry Size and Growth Trends
• Maturity of the Industry
• External Economic Factors and their Effect on the Industry
• Seasonality
• Technological Factors
• Regulatory, Political, and Legal Concerns
• Competitive Environment and Changes in the Competitive Environment
• Key Challenge(s) Facing the Industry
• Company’s Steps to Meet One Key Challenge

You must use information from at least five unique sources as part of your analysis. Published sources that you might consult include trade journals, industry publications, and U.S. Department of Commerce publications.

What are ratios, budgeted financial statements and cash management in a business? Why are they so important to the success of a business? What can happen if these things are not done properly?

How do companies learn what incentives are valued by the employees they want to be attracting to participate in the internal crowdsourcing program?

Hospitals are very commonly encountered with the need of upgrading medical equipment due to technological advancements, customer satisfaction, and quality improvement. But the change of equipment comes with a price, and the expenses of purchasing & installing the equipment is just the tip of the iceberg. Preparing and training the staff for executing new high-tech equipment is the major issue that hospitals face, and this issue often becomes a huge obstacle in the implementation of new procedures. You are required to create a Force Field Analysis for such a situation where the hospital needs to introduce new equipment but the staff is reluctant. After analyzing the forces for & against this change, propose at least three HR strategies

Please use the table below to make your own Force Field Analysis.

(a) What do we mean by a “postponement strategy”? Why can it be an effective strategy for a firm engaging mass customization? (b) Since the 2008 global financial crisis, the B/L (“bill of lading”) of container shipments from Asian factories to the United States (US) has increasingly specified US gateway ports, rather than the local RDCs (regional distribution centers) of final markets, as the stopping points (as opposed to through points). What are the main reasons behind this development, and why? (c) Following part (b), should the phenomenon happen more often for high-value products or for low-value products? Explain your answer.

Supply Chain disruptions cause by covid-19

question 1

The following table provides a description for the project Z.

1. What is the critical path of this project?

2. What is the duration of this project? (before crashing)

3. If your task is to crash this project by 2 days, what is the most efficient cost of doing it? (Just input the number with no decimals or dollar signs

question 2

The expected duration of the project (average) is 30 days and variance is 16.

1. What is the probability that the project will be completed on day 32 or earlier?

2. Suppose the official deadline for the project is 34 days. What is the probability that the project will be delayed?

question 3

A restaurant has tracked the number of meals served at lunch over the last four weeks. The data show little in terms of trends, but do display substantial variation by day of the week. Use the following information to determine the seasonal (daily) indices for this restaurant.

You are the director of admission office. Your job every year is to decide the number of offer letters to issue to undergraduate degree applicants. For the academic year 2016/2017, the school has a capacity to enroll 7,200 undergraduate students, but the school is so popular that you received more than 20,000 applications. However, you know from past year records many students not only got offer from UBC but also from other good schools in Canada and the US. The yield rate for the school is far less than 100% (the ‘yield rate’ refers to the proportion of students accept the school offers among all the students to whom UBC issue the offer letters). Assume the school has spent large amount of sunk cost in its undergraduate program for a designed capacity to enroll 7,200 students, such as upgrading classrooms, expanding residential houses, hiring additional teaching instructors and administration staff. (a) Will you issue more than 7,200 offer letters for 2016/2017 academic year? (b) What is the trade-off between issuing more than 7,200 offer letters and issuing exactly 7,200 offer letters?(c) How to determine the optimal number of offer letters to issue? What information do you need, and how to get such information?

The Children’s ministry has to turn away children because there are not enough workers to comply with teacher-to-student ratio in public schools. The Human Resource department has been assigned the task to find the root causes of manpower redundancy. For this task, The HR director has constituted a team of 3 employees. They are using the Five Whys Technique for this purpose. Complete the Five Whys Technique table on the next page and find out the root cause of manpower redundancy in public schools

Below are the project steps for the creation of a television advertisement for Foolio, which is a new energy drink that the musician Coolio has created. Consider the following data for questions 1 through 5:

1. How many paths are there through this network?

1. 1
2. 2
3. 3
4. 4

2. How many critical paths are there?

1. 0
2. 1
3. 2
4. 3

3. Which activities have slack?

1. BC
2. BD
3. BE
4. CE

4. What is the slack for activity B?

1. 0
2. 1
3. 2
4. 3

What issues would a multinational company face in establishing global wide performance measurement standards?

Explain why programs look different in the real world than the way that they were envisioned by policy makers.