As part of the project management process, consideration must be given to acquiring the products and services that will be used during the project to produce the desired product. Project managers are tasked with sourcing these goods and services and creating and managing contracts with the sellers
In: Operations Management
What do you think is the most successful characteristic of a successful incentive plan?
In: Operations Management
Since employees may differ in terms of their job performance, would it not be more feasible to determine the wage rate for each employee on the basis of his or her relative worth to the organization? Explain.
In: Operations Management
What processes would be involved in the initial set-up of the new hotel?
In: Operations Management
An employee of Delta Airlines is burned by spilling airplane fuel while fueling a plane, because safety stops and covers are not installed properly on your fuel lines. As a Delta executive, what legal concerns do you have? What remedies, if any, does the employee have?
You decide that you will start requiring vision tests of your employees, and adopt a policy that you will either not hire or terminate anyone who does not have 20-20 vision uncorrected. This is a legal problem. Is the test a problem? Why? Is the policy a problem? Why?
In: Operations Management
Let’s assume you were hired by Panera Bread( a restaurant with fast service and healthy options) to restructure how this business operates with the following goals in mind:
What model(s) would you use to meet these goals? How would you use what you learned about organizing to manage these changes? What needs to be done first? second? etc. make sure the plan you put in place allows you to meet the goals identified.
In: Operations Management
Inventory Models 4. (HINT: Refer to the inventory problem being faced by A to Z Carpets Inc. in the chapter) TP Inc. is a small company specializes in supplying toilet paper to small businesses, offices, universities, restaurants, and other similar establishments in the city of San Antonio. TP Inc. purchases their stock from brand-name toilet paper manufacturers and has significant limitations on its ability to carry an exceptionally large inventory. Despite the small business style, the company is immensely popular and gets enough clients that the demand is not deterministic in nature, but instead, follows a probabilistic pattern. The Manager of TP Inc. would like a recommendation on how many packages of toilet paper to order and when to order in an effort to minimize the inventory costs. You are provided the following pertinent information regarding the company and costs. Answer questions (a.), (b.) and (c.) given below
• Ordering Cost is $100.00 per order
• Cost of each package of toilet paper is $9.00 per box for TP Inc.
• The company uses a 25% annual holding cost rate for its inventory
• The lead time for a new order of toilet paper is 8 days
• Sales data indicate that the demand during 8-day lead time follows a normal probability distribution with a weekly mean of 750 boxes and a standard deviation per week of 80 boxes.
• The number of working days per year is 330
• Acceptable probability of a stock-out is 1% or 0.01.
a. What is the current EOQ?
b. What is the current Reorder point?
c. The manager is also considering increasing the risk of stockouts from 1% to 10%. Do you think that would help him reduce costs? Explain why.
In: Operations Management
In: Operations Management
From the perspective of The Human Resource Manager- Recruitment and Staffing Department, discuss the implications of backup and recovery over Metro-E and into the cloud.
In: Operations Management
The distribution system for the Herman Company consists of three plants, two warehouses, and four customers. Plant capacities and shipping costs per unit (in $) from each plant to each warehouse are shown below along with customer demand and shipping costs per unit (in $) from each warehouse to each customer
Formulate the linear programming model to minimize the cost of shipping for this transshipment problem.
A-at the optimal solution how much is shipped from Plant 3 to Warehouse 1?
B-what is the range of optimality of coefficient of cost from Plant 3 to Warehouse 1 and what does this mean?
C-what is the range of feasibility for the supply amount for Plant 2 and what does it mean?
d-what is the range of feasibility for the demand amount for customer 2 and what does it mean?
|
Warehouse 1 |
Warehouse 2 |
Plant Capacity |
||
|
Plant 1 |
4 |
7 |
450 |
|
|
Plant 2 |
8 |
5 |
600 |
|
|
Plant 3 |
5 |
6 |
380 |
|
|
Customer 1 |
Customer 2 |
Customer 3 |
Customer4 |
|
|
Warehouse 1 |
6 |
4 |
8 |
4 |
|
Warehouse 2 |
3 |
6 |
7 |
7 |
|
Demand |
300 |
300 |
300 |
400 |
In: Operations Management
IKEA’s decision to redesign its European-style sofas to better meet the needs of its American consumers
Multiple Choice
created value for U.S. buyers.
allowed for premium pricing.
increased value creation but decreased production costs.
generated the average consumer price between U.S. buyers and European buyers.
resulted in a standardized design for U.S. and European buyers.
IKEA’s ability to design functional, attractive furniture at a reasonable price that can be sold in a similar way across multiple countries is an example of
Multiple Choice
a core competence.
a low cost strategy.
perceived value.
value.
a differentiation strategy.
IKEA maintains a global network of suppliers across 50 countries. This benefit of this strategy is that it allows IKEA to
Multiple Choice
eliminate head-to-head competition in local markets.
improve the functional design of its product line.
avoid maintaining physical locations near competitors.
achieve the location economies associated with producing its product in the optimal location.
quickly design its products.
In China, IKEA has opened stores near public transportation, while in most Western countries, IKEA’s stores are located in suburban shopping areas. This strategy is consistent with
Multiple Choice
a differentiation strategy.
a low cost strategy.
global standardization.
pressures for local responsiveness.
pressures for cost reduction.
In: Operations Management
Week 1 Quiz
Started: Apr 9 at 1:24pm
Quiz Instructions
Note: this is a timed quiz. You may check the remaining time you have at any point while taking the quiz by pressing the keyboard combination SHIFT, ALT, and T... Again: SHIFT, ALT, and T...
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Question 12 pts
Which of the ten knowledge areas defined in the Project Management Body of Knowledge includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully?
Group of answer choices
Communications management
Stakeholder management
Scope management
Quality management
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Question 22 pts
Projects are considered successful for all of the reasons below EXCEPT:
Group of answer choices
members of the team learn new skills and/or refine existing skills
the performing organization reaps business-level benefits.
the team has used heroics to meet project objectives
organizational learning takes place and is captured for future projects
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Question 32 pts
Project customers can be either internal or external to the organization.
Group of answer choices
True
False
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Question 42 pts
Project plans and goals become more specific as early work is completed.
Group of answer choices
True
False
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Question 52 pts
Scope Management, one of the 10 PMBOK Guide Knowledge Areas, includes the processes to manage timely completion of the project.
Group of answer choices
False
True
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Question 62 pts
Once projects are completed, they will typically yield all of the following results EXCEPT:
Group of answer choices
make or buy decisions
stakeholders whose interests are affected by the outcome
a primary deliverable along with supporting deliverables
a unique product or service
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Question 72 pts
Generally,the pace of work and amount of money spent remains consistent from one life cycle stage to another.
Group of answer choices
False
True
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Question 82 pts
Integration Management, one of the 10 PMBOK Guide Knowledge Areas, represents the processes and activities to identify, define, combine, unify, and coordinate the various processes and project management activities.
Group of answer choices
True
False
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Question 92 pts
All of the following factors have influenced the increased reliance upon project management in recent years EXCEPT:
Group of answer choices
rapid growth and changes in the information technology and telecommunications industries
increased competition in the global economy and its influence on market demand
realization that methods for large projects can be modified and used for small projects
the steady demands of ongoing operational work
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Question 102 pts
Which of the following statements correctly describes project management?
Group of answer choices
Project management should not involve tradeoffs between scope, schedule and cost.
Project management only relies upon checklists to plan and execute the work.
Project management’s goal is to maintain efficiency of ongoing operations.
Project management uses knowledge, skills, tools and techniques to meet stakeholder needs and expectations
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In: Operations Management
When actor Robin Williams took his life in August of 2014, major news organizations covered the story in great detail. Most major news outlets reported on Marin County Sheriff’s Lt. Keith Boyd’s press conference, which revealed graphic details from the coroner’s report about the methods Williams used. While there was great interest on the part of the public in finding out what happened, many argued that reporting too much detail about the suicide violated the family’s privacy. Indeed, many of Robin Williams’s fans posted on Facebook, Twitter, and other social networks to express their objections to the media treatment of the suicide, urging reporters to respect the family’s right to grieve in peace. Several members of the mental health community also took issue with the detailed reports. Paul Farmer, chief executive of the mental health charity Mind, wrote to CNN that “When a media report describes clear details of unusual methods of suicide and essentially gives a “how to” guide—the danger is it can make suicide seem like a more accessible action to take.” Some journalists expressed similar viewpoints, criticizing the reports as a clear violation of media ethics. According to the Press Complaints Commission, “When reporting suicide, care should be taken to avoid excessive detail about the method used.” Yet other journalists argued that the primary responsibility of the media was to report the story truthfully and factually. In an op-ed in the LA Times, Andrew Klavan wrote, “The manner of Williams’ death is public information. Journalists should report it as long as it remains of interest to the public. It is not a journalist’s job to protect us from the ugly facts.” Klavan argued that the journalist’s duty is not to do good or be wise, but to report the whole story, which may in fact be a part of a larger story unfolding elsewhere. Sheriff Boyd similarly defended his own actions by stating that he had a duty to report the details as part of the public record. In an interview with Today, Williams’s daughter Zelda discussed how her father never sought to hide his problems, mentioning his openness about struggling with alcoholism. She stated, “I think that one of the things that is changing, that is wonderful, is that people are finally starting to approach talking about illnesses that people can’t immediately see…He didn’t like people feeling like the things that were hard for them they should go through alone.”
Discussion Questions
1. Systematic moral analysis (SMA) first requires identifying the problems in a situation. In this case, who was harmed and how? You may reference the list of moral rules in the transcript of the narration below.
(The first step of SMA is conceptualization, which involves determining who might be harmed and how. If no one is likely to be harmed, then there’s no ethical problem. But how do we really know if we’re about to cause harm? 20th Century Philosopher Bernard Gert developed a list of 10 moral rules that can help us identify ethically questionable acts. 1) Do not kill. 2) Do not cause pain. 3) Do not disable. 4) Do not deprive of freedom or opportunity. 5) Do not deprive of pleasure. 6) Do not deceive. 7) Keep your promises. 8) Do not cheat. 9) Obey the law. 10) Do your duty.)
2. The second step of SMA requires asking who is responsible. Is Sheriff Boyd responsible? The journalists? Anyone else? How do their role-related responsibilities relate to the harm caused?
3. Third in the process of SMA is to consider whether or not the action can be justified. Do you think the role-related responsibilities of Sheriff Boyd or the journalists justified their actions? Why or why not? What alternative ways of reporting Robin Williams’s suicide would have caused less harm?
4. Finally, if you had been in the position of Sheriff Boyd or the journalists, what do you think would have been the ethically ideal action to take?
In: Operations Management
A local restaurant would like to put its business online, and you are in charge of this project.
In: Operations Management
Bernie Madoff was a rich man and did what he did to be richer. Imagine you are a poor man (or woman). Would you do what Madoff did to get out of poverty if you think that it is the only way out?
In: Operations Management