Steph Curry’s Coffee Shop decides to install an automatic coffee
vending machine outside one of its stores to reduce the number of
people standing in line inside. The shop charges $3.50 per cup. The
service time is a constant 2.8 minutes, and the arrival rate is 15
per hour (Poisson distributed).
a) What is the average waiting time in line?
b) What is the average number of people in line?
c) The shop decides to raise the price to $5 per cup and takes 60
seconds off the service time. However, because the coffee is now so
expensive, the arrival rate drops to 10 per hour. Now what are the
average wait time and the average number of people in the queue
(waiting)?
In: Operations Management
Variable Pay is compensation that is tied to performance. Incentives are tangible rewards that encourage or motivate action.
Why do you think variable pay plans have become so popular? Why might gift certificates be a better incentive than providing cash/additional pay to employees?
In: Operations Management
Assuming for example that more automobiles were eproduced in China last year than in the US, yet the US is still dependent on China (and others) as a major part of the supply chain for parts, assemblies, etc. for the auto industry, where do the firms go for their "plan B" IF in deed they have a plan B?
The point is less "where would they go" but rather thinking in terms of Porter and others, are these supply chain elements easily replaceable? Is it time and cost prohibitive? As big and fancy as these firms are, do they really have a plan B?
In: Operations Management
The manager of an organic yogurt processing plant desires with a mean of 16 ounces +/- 0.5 ounces. The process has a mean of 15.9 ounces and a standard deviation of 1 ounce.
Now the management has redesigned the system and so the standard deviation of the process is reduced to 0.1 ounces.
In: Operations Management
In: Operations Management
Would you join an Employee Resource Group if there was one in
your workplace? Why or why not?
Yes – please explain why
No – please explain why not
It Depends – please explain what factors it would depend upon
In: Operations Management
In: Operations Management
Technology in the early childhood classroom is a hot topic. Opposing sides believe it is either appropriate or inappropriate in an early childhood environment. Select one issue related to technology and discus whether you are for or against it. Issues could include screen time, hand held devices, etc. Support your rationale with evidence from research.
In: Operations Management
Discuss the purpose of the Control Communications process.
a. Discuss the purpose of status review meetings, who should conduct them, and some of the procedures you should implement. Discuss how you’ve used status review meetings in the past and whether they were efficient and well attended. What are some things you could do differently in the future to make status review meetings run more smoothly?
b. Describe the difference between work performance data, work performance information, and work performance reports.
c. Discuss the purpose of the Control Stakeholder Engagement process.
In: Operations Management
In: Operations Management
Review the case study "Don't Drink the Water in Flint, Michigan" located in Connect. Write as synopsis (a brief overview) of the case. Please prepare your synopsis as if I (and your colleagues) do not have the whole case study. Your synopsis should be concise, complete, and fully describe the situation “as you see it.” The synopsis should not exceed 4-5 paragraphs. Identify three (3) problems (Stop 1) and utilizing the material (Stop 2) we have covered in the course so far and make three (3) recommendations (Stop 3) to solve the problems. Each problem will require a justified recommended solution.
In: Operations Management
1. Provide for me a brief history of the major boycotts at the Olympic Games (what boycotts and why they happened) as well as a brief history of the doppelgänger nations appearing at the Olympic Games. Be sure to tell me why each of these things is significant.
In: Operations Management
1.) Outline and detail a PESTEL analysis. What, in your opinion, is currently the strongest component of the macro-environment? Why? How has this changed?
Your answers will be short essays and should be three full paragraphs or longer.
In: Operations Management
Please make sure you add the sources and references on your post.
Give an example of a B-corporation or a Cooperative or a CSR initiative of a for profit corporation that impressed you for its social responsibility and explain why.
In: Operations Management
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Develop a production schedule to produce the exact production requirements by varying the workforce size for the following problem. |
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The monthly forecasts for Product X for January, February, and March are 930, 1,550, and 1,220, respectively. Safety stock policy recommends that half of the forecast for that month be defined as safety stock. There are 22 working days in January, 19 in February, and 21 in March. Beginning inventory is 550 units. |
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Storage cost is $6 per unit per month based on ending inventory level, standard pay rate is $4 per hour, hiring and training cost is $280 per worker, layoff cost is $380 per worker, and worker productivity is 0.1 unit per hour. Assume that you start off with 47 workers and that they work 8 hours per day. (Leave no cells blank - be certain to enter "0" wherever required. Input all values as positive values. Round Workers Required up to next higher whole number. Round all other variables to nearest whole number.) |
In: Operations Management