Remember in a network type problem (transportation problem, transshipment problem, etc...) that nodes represent constraints and that the connections between nodes, arcs or routes, are variables.
In the transshipment nodes, you see Louisville is a transshipment node. In the constraint for Louisville, which variables have a negative sign in front and which have a positive sign?
In: Operations Management
In: Operations Management
Analyzing Cost
Establishing the cost of the products and your profit will be very important. Your sales price and the amount of labor, clay and slip are in the following table.
Table 1: Prices and Contents
| Sales | Labor | Clay | Slip | |
| Price | Hours | Pounds | Ounces | |
| Bowl | 35 | 1 | 4 | 2 |
| Mug | 40 | 1.5 | 3 | 3 |
| Plate | 25 | 1 | 2.5 | 2 |
From the above table, the bowl sells for 35 dollars, and requires 1 hour of labor, 4 pounds of clay and 2 ounces of slip. The mug and plate data are also in the above table. In this model labor is a variable cost. To price the variable elements, the labor is ten dollars per hour, the clay is 80 cents per pound and the slip is 25 cents per ounce. The shop is on an incentive system and based on the number of units produced the employees’ salary will be increased to provide ten dollars for each bowl and plate produced and fifteen dollars for each mug produced. If the employee is extremely slow the base rate will be used; however, the shop has never had an employee that slow. The fixed cost per year is $48,000 for the shop. This cost includes rent, utilities, and insurance. Given the average price and variable cost per unit, what is the breakeven quantity per year, per week and per day of operation (assume a 6 day work week.)? To simplify this calculation use the average sale price and average cost of the units. Your breakeven number should be the total units (bowls, mugs and plates) sold.
In: Operations Management
Prepare a short PESTEL Analysis for Boeing. Please analyze the macro issues with the lens of Boeing.
In: Operations Management
Distinguish between the stated and the real goals of an organization. Illustrate the difference with an example
In: Operations Management
Think of a stereotype associated with an Asian country and one associated with a Latin American country. How can these stereotypes potentially influence decisions related to HR systems?
In: Operations Management
Please calculate the advertising budget for a start-up that expects annual $300,000 sales in the industry that dedicates on average 9 % of the revenues to promotion.
Given the projected conversion rate (% site visitors who makes a purchase) of 8% and average sale price of $500, how many sites visits do they need to achieve their sales goal?
Use conversion and The strategic objective is to acquire 60% of site visits from Facebook ads and 40% from Youtube (TrueView ads). Please re-calculate the advertising budget given the average cost per click (CPC) in your industry is $2 on Facebook and $5 on Youtube.
In: Operations Management
The recent outbreak of novel coronavirus (COVID-19) has introduced new challenges to the business environment. It is also having an impact on the global economy with tourism, aviation, education, and hospitality the initially hardest-hit industries.
Q. Analyzing the required types of change to minimize the impact of the COVID 19 virus on the universities.
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The research question and objectives are fundamental considerations when developing research projects. In this discussion you should: Define business research Explore the differences between basic and applied research. What makes business and management research different from basic research? Explain how you would generate and refine research ideas? Identify particular business topics which are of interest to you and detail how you would go about conducting a project in this area.
In: Operations Management
Can you please throughly explain these questions:
In: Operations Management
Why are Unions fighting for survival in human resource management?
In: Operations Management
3. Select a product you are familiar with and know a great deal about. (This may be an item you have shopped for and purchased, such as a compact disc player, laptop computer, or an automobile.) Under each of the categories listed, fill in the required information about the product. a. Where did you buy the product? Why? b. Did product design influence your decision? c. How and where was the product manufactured? d. What different applications or uses are there for the product? e. How does the product perform? Are there any data on the product’s performance? What are they? f. What kinds of maintenance and care does the product require? How often? g. Could you sell the product you have written about in categories (a) through (f)? Why or why not?
In: Operations Management
Imagine that you are a corporate trainer at BP Amoco. You have been asked to create a training program by your manager, but she needs to understand how you will determine the content for the training program as well as success of it.
Your presentation should be compelling while including the follow components:
• various evaluation designs that are possible at BP Amoco
This is your opportunity to display and apply your knowledge by responding to a potential client engagement. Imagine that you have been contacted by a representative from a British Petroleum Company for a potential organizational development intervention within their corporate offices. It seems that their management staff is having communication challenges resulting in some expensive mistakes in the form of missed supply orders. However, the employee who has contacted you has no confidence and little understanding of organizational development. It is clear they have been tasked to explore the option by the executive board. The British Petroleum Company representative states that they have not had an opportunity to engage an organizational development consultant before and want to learn more before dedicating any additional company resources in a conversation.
In: Operations Management
What tools can be used to ensure processes achieve their desired results? Discuss a time you may have used a tool to aide you in process development/design and what your experience was.
In: Operations Management
The industry based view of strategy posits that competitive advantage results from the firm’s position in the market. However, the resource-based view says that it is resultant from the uniqueness of the firm’s resources. They can’t both be correct, can they? (your answer should not be longer than 1 page)
In: Operations Management