In: Operations Management
what are some health, wellness, clinic/hospital, medication, or supplement-related to logical fallacies (reasoning errors)?
In: Operations Management
A cognitive characteristic of creative people is that they _____.
a. |
are left-brain dominant. |
|
b. |
do not have the ability to narrow the number of alternatives. |
|
c. |
do not extend their curiosity beyond their field of interest. |
|
d. |
are able to think divergently. |
In: Operations Management
Turning Ethopia into china's China: Why are Chinese companies investing in Africa?
In: Operations Management
Remember a few months ago when I mentioned that we would really
like to open another location for our business? Well, the time has
come.
I have found the perfect location, it is in a good location to
attract customers and the price is right for a one year lease! The
only problem is that the unit we are considering renting is a bit
of a mess and needs significant repair from the damage done by the
last tenants. The landlord has offered to do some of it, however,
we are going to have to replace the flooring entirely, add a
reception area including a countertop and desk area and install
some heavy-duty shelving in the backroom to hold our
supplies.
These renovations would have a significant cost to them and I am a
bit concerned about outlaying that amount of capital in this
circumstance. Can you please explain if we should be concerned
about this and include any recommendations you may have on how to
proceed?
Finally, it has become so popular I’m getting a bit concerned that
someone is going to try and use our name and marketing slogan. Can
you please explain if there is any way we can protect this and
provide any details you can talk about the process and timing by
property law?
In: Operations Management
The most widely asked and most widely feared interview question is, "Tell me about yourself." Knowing this question is coming, you should each have a succinct, thoughtful, and meaningful response prepared. This short personal selling statement is often referred to as an elevator pitch because it could be delivered in the span of an elevator ride. Once mastered, this pitch can be used in job interviews, as the basis for cover letters or email introductions, at career fairs, or in more informal social settings. For this assignment, you should deliver a one-minute pitch to help you make a good first impression. You will submit a VIDEO file delivering your message to the audience through the camera (when delivering a video message remember: eye contact is still just as important as in face-to-face interactions, you should select a clear wall or area for the background, you should eliminate background noise or interference, you should center your face in the frame of the screen, etc.). You should use the company and industry knowledge you have gained to frame your qualifications and assets. Your textbook highlights five key parts of an elevator speech: Hook (attention getter) + Information about you What you have to offer Benefits; What is in it for the audience An example or anecdote to summarize A call to action.
In: Operations Management
activity | follows | optimistic duration | most likely direction | pessimistic duration |
A | - | 4 | 6 | 14 |
B | A,C | 3 | 4 | 5 |
C | - | 3 | 5 | 13 |
D | A,E | 12 | 18 | 24 |
E | - | 8 | 10 | 18 |
F | A,E | 4 | 6 | 8 |
G | B,F | 7 | 8 | 9 |
H | G | 10 | 12 | 14 |
I | G | 5 | 6 | 7 |
J | D,I | 5 | 7 | 9 |
a) Calculate mean duration and standard deviation for all the
activities using the beta distribution. [4pts]
b) Construct a network diagram for this problem using the mean
durations calculated in part (a), calculate the LS(Foll.),
ES(Prec.) and total float for all the activities, and hence
identify the critical path . What is the mean completion time for
the project? What is the standard deviation of the critical path?
[30 pts ]
c) What is the 92% confidence interval for the length of the
critical path? [4 pts]
d) Assuming the probability distribution of the length of the
critical path can be approximated by a normal distribution with the
mean and standard deviation calculated in part (b), calculate the
probability of completing the project within 42 weeks. [4
pts]
e) Calculate the probability of completing the project between 35
and 40 weeks? [4 pts]
f) Answer the project manager’s question: “I want to tell the
client that there is a 10.03% chance the project will take longer
than X weeks - what figure should I give them (i.e. find X)?”
[4]
(please show work step by step and excel file)
In: Operations Management
In: Operations Management
In: Operations Management
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In: Operations Management
Assembly Line Assignment:
This week you are going to design and balance an assembly line. We are going to take the simple task of making cupcakes, break the work up into stations, calculate cycle times for each station, balance the work load between stations, and calculate the efficiency of the operation. The steps for the assignment are below.
1)Design an assembly line to manufacture cupcakes from scratch.
2)Balance the assembly line.
3)Measure the efficiency.
Assignment Format: The best way to do this is Excel. You can use cell borders and insert shapes to build the assembly line. Use the math functions in Excel to balance your line and calculate efficiencies. The final report should be in Word in APA format. Use the following sections.
1)Introduction-how you set up the line, what is done at each station and cycle time. You can cut and paste in your diagram from Excel.
2)Line Balance-what you did to balance the line, you can copy in your Excel work if needed.
3)Efficiency-provide and analyze the operational efficiency.
In: Operations Management
Leadership defined: In your own words, define what successful leadership is and how leadership and management differ in an office setting. Consider what successful leadership “looks like” to you.
In: Operations Management
One unit of A is made of three units of B, one unit of C, and two units of D. B is composed of two units of E and one unit of D. C is made of one unit of B and two units of E. E is made of one unit of F. Items B, C, E, and F have one-week lead times; A and D have lead times of two weeks. Assume that lot-for-lot (L4L) lot sizing is used for Items A, B, and F; lots of size 55, 55, and 200 are used for Items C, D, and E, respectively. Items C, E, and F have on-hand (beginning) inventories of 10, 50, and 160, respectively; all other items have zero beginning inventory. We are scheduled to receive 10 units of A in Week 2, 60 units of E in Week 1, and also 50 units of F in Week 1. There are no other scheduled receipts. If 32 units of A are required in Week 8, use the low-level-coded bill-of-materials to find the necessary planned-order releases for all components. Develop an MRP planning schedule showing gross and net requirements and order release and order receipt dates.
In: Operations Management
How is the cellular/modular structure different from the network structure? Give at least three differences. – Max 200 words (2 Marks)
In: Operations Management
My company is:
Name: Procter & Gamble
Industry: Fast Moving Consumer Goods
Nationality: American
Location: Cincinnati, Ohio
Size: Large multinational company $80 billion + revenue/annum
Activities: Manufacturing and selling of FMCG goods
Products: health, hygiene, beauty care, food, snacks and beverages
In: Operations Management