If efficiency is improved, can the middlemen earn their keep by providing value for the cost they add?
In: Operations Management
in 200 words, Is man only a material economic being or is he more? If he is more, what are implications of this for an economic system?
In: Operations Management
In: Operations Management
In: Operations Management
1) Ten years from now: you are hired as the new Operations Manager for the department of pharmacy in a local hospital. For the past 3 years, errors have been increasing, employee turnover has increased, and the level of service from the department has dwindled. As an incoming manager, explain in 1-2 short paragraphs what you will do to build employee engagement and therefore help correct the issues that have been plaguing the department.
2) Scenario: You obtain a position as a community pharmacist in a small town that is owned by a pharmacist who is on the verge of retirement. You have an idea that you want to expand the clinical services of the pharmacy. As a certified immunizer, you decide that you want to implement vaccine services.
Utilizing all of the modern four Ps (People, Processes, Programs, and Performance), describe the marketing plan you would put in place to build these services. (2-3 paragraphs)
3) Referring to the previous scenario in question 2), describe in one to two sentences the cost objects that will be factored into the budget when starting the immunization service.
In: Operations Management
1. List up the IoT based Big data (AI) services
2. Build BCG Matrix dimensions (Define X-axis/Y-axis)
3. Assess services based on your BCG Matrix
In: Operations Management
Question 5 (1 point)
Process control is about using the data generated by the execution of a business process in order to extract insights about the actual performance of the process and conforming appropriately.
| True | |
| False |
Question 8 (1 point)
Within conformance control flow, the ordering constraint indicates two or more tasks can't co-occur in the same case.
| True | |
| False |
Question 9 (1 point)
Which of the following types of information are primary in providing business insights from BPMS data?
|
A. Operational information |
|
|
B. Structured information |
|
|
C. Historic information |
|
|
D. A and B |
|
|
E. A and C |
Question 11 (1 point)
Which advantage category applies to the following incentive to introduce BPMS in the organization?:
The clients of a company complain that they can only get very shallow updates on the progress of the orders they make. The IT manager of that organization looks into the use of a BPMS to capture and provide status information on all these orders.
|
Transparency |
|
|
Enforcement |
|
|
Flexibility |
|
|
Quality |
In: Operations Management
Suppose that the mean retail price per gallon of regular grade gasoline in the United States is $3.45 with a standard deviation of $0.20 and that the retail price per gallon has a bell-shaped distribution. (a) What percentage of regular grade gasoline sold between $3.25 and $3.65 per gallon? % (b) What percentage of regular grade gasoline sold between $3.25 and $3.85 per gallon? % (c) What percentage of regular grade gasoline sold for more than $3.85 per gallon? %
In: Operations Management
1) Envision a time in your future career as a pharmacist that you will need to develop a business plan for some business endeavor. In one to two short paragraphs, describe the purpose of your business plan, why it is necessary, and also what benefits you hope to see as a result of writing this plan.
2) If, as a manager, you could only pick one financial ratio to look at on a weekly/monthly basis, which would it be?
a) Write/type out the equation
b) Discuss (1-2 short paragraphs) why you picked that equation, what information that would give you on your business’ or department’s performance, and how you would use that to better your business/department.
3) Describe in 1-2 short paragraphs, a) the purpose of the following types of financial statements and b) why as a leader/manager you must be familiar with them:
- Balance sheet
- Income statement
- Capital statement
In: Operations Management
If you were VP of strategic planning for a large multi-busines company, would you use portfolio planning techniques in your work? If so, for what purposes? If not, why not? Would your preference be to use the GE-McKinsey nine-box matrix or the BCG matrix? Explain the rationale behind your choice.
In: Operations Management
In: Operations Management
Essay Questions
1. Licensing and Management Contracts Versus Producing Abroad. What are the advantages and disadvantages of licensing and management contracts compared to producing abroad?
2. Common Forms. Define the following types of political risk:
a. Adverse regulatory change
b. Breach of contract
c. Expropriation
3. Expropriation Distinctions. Answer the following:
a. What is the difference between expropriation and creeping expropriation?
b. What is the difference between direct and indirect expropriation?
In: Operations Management
In 300 words or more, please explain the following. What are the sources of demand in an MRP system? Are these dependent or independent, and how
are they used as inputs to the system?
In: Operations Management
Marketing channel levels and its function. With example
( 500 words)
In: Operations Management
1- Briefly describe ONE Provider complaint that formed the basis of the Managed Care Backlash.
2- Briefly describe ONE Health Plan Member complaint that formed the basis of the Managed Care Backlash.
In: Operations Management