What are the four ways in which an agency relationship can be created? Give details
subject-legal aspects of transportation management
In: Operations Management
Mobile and wireless devices are being increasingly used in the
health care industry. Write a two-page paper that outlines five
applications of these devices in this industry. Also, identify
three mobile apps that could be used by medical personnel to
increase their productivity.
In: Operations Management
Q2: A small manufacturer employs 5 skilled men and 10 semi-skilled men and makes an article in 2 qualities, a deluxe model and an ordinary model. The making of a deluxe model requires 2 hours work by a skilled man and 2 hours work by a semi-skilled man. The ordinary model requires 1 hour work by a skilled man and 3 hours work by a semi-skilled man. By union rules no man can work more than 8 hours per day. The manufacturer’s clear profit of the deluxe model is $ 10 and of the ordinary model is $8. Formulate the model of the problem.
Solution:
In: Operations Management
Explain one of the Rater Errors and the consequences of that error. What training and/or systems would you put in place for the leadership of an organization in order to reduce the impact of that Rater Error on performance management? The Rater Errors are stereotype error, attribution error, spillover error, halo error, and primary error.
The subject is Evaluation, Coaching, and Mentoring
In: Operations Management
Read the article 10 Pricing Strategies That Can Drastically Improve Sales (Links to an external site.)
2. Locate an example of any one of the Pricing Strategies and post a link to the product in the forum.
3. Explain the advantages of this Pricing Strategy and the disadvantages of this Pricing Strategy.
4. Answer the following question: have you ever bought a product that was priced using this strategy? Why or why not?
In: Operations Management
Q1: A firm produces 3 products. These products are processed on 3 different machines. The time required to manufacture 1 unit of each of the 3 products and the daily capacity of the 3 machines are given in the table below:
Machine |
Time per unit (mins) |
Machine capacity (mins/day) |
||
Product 1 |
Product 2 |
Product 3 |
||
M1 |
2 |
3 |
2 |
440 |
M2 |
4 |
- |
3 |
470 |
M3 |
2 |
5 |
- |
430 |
It is required to determine the daily number of units to be manufactured for each product. The profit per unit for product 1, 2, and 3 is $4, $3, and $6 respectively. It is assumed that all the amounts produced are consumed in the market. Formulate the mathematical model for the problem.
Solution:
In: Operations Management
Cisco and Polycom are two major vendors of telepresence
products. Write a one-page paper that identifies one
top-of-the-line product from each company. Which product would you
recommend to any company? What are you basing your recommendation
on? What are two advantages of using a telepresence system compared
to a face-to-face meeting? What are two disadvantages?
In: Operations Management
Case 10.1
"Pauline McKee, an 87-year-old grandmother, was attending a family reunion at the Isle Casino Hotel Waterloo, a combination hotel and casino. One evening she and several members of her family gambled at the casino. McKee was playing a penny slot machine called “Miss Kitty.” A person wins at the Miss Kitty game by lining up different combinations of symbols from left to right on the slot machine screen. The game includes a button entitled “Touch Game Rules” in the lower left-hand corner of the screen. Tapping this button displays the rules that govern the game and a chart describing potential winning combinations of symbols. These rules do not mention any additional bonus, jackpot, or prize available to a person playing the Miss Kitty game. The rules state “MALFUNCTION VOIDS ALL PAYS AND PLAYS.” A sign posted on the front of the machine reiterates “MALFUNCTION VOIDS ALL PAYS AND PLAYS.” McKee did not read the rules before she played the slot machine.
While playing the game, McKee won $1.85 based on how the symbols had lined up on the slot machine screen. However, at the same time a message appeared on the screen stating “Bonus Award $41797550.16.” The casino paid McKee $1.85 but refused to pay the alleged bonus, claiming it was an error and not part of the game. McKee sued the casino in district court to recover $41,797,550.16. The casino introduced evidence that the appearance of the bonus on the screen was an error in the computer system of the game. The casino made a motion for summary judgment, which was opposed by McKee. The district court held that the rules of the Miss Kitty game were an express contract between McKee and the casino. The court granted summary judgment to the casino. McKee appealed.
Issue
Was there a contract between the parties that provided for the payment of a bonus when playing the Miss Kitty slot machine?
Language of the Court
Gambling contracts are governed by traditional contract principles. We agree with the district court that the Miss Kitty rules of the game are the relevant contract here and that they form an express contract. Further, it is undisputed the rules of the Miss Kitty game did not provide for any kind of bonus. Hence, in our view, McKee had no contractual right to a bonus. Nor is it relevant that McKee failed to read the rules of the game before playing it. It is sufficient that those rules were readily accessible to her and she had an opportunity to read them. On the play in question, the alignment of the reels entitled McKee to a prize of $1.85, and the casino paid it to her, fulfilling its side of the contract.
Decision
The Supreme Court of Iowa affirmed the district court’s grant of summary judgment in favor of the casino."
Read Case 10.1 in your text.
A) Do you think the Court ruled correctly? Why or why not?
B) What does the term "a contract is a contract is a contract" mean and how does it relate to this case?
C) Identify two (2) other examples when people may not read rules or provisions of service that may affect them if there is a problem.
D) Pick an ethical principle that the casino followed by not paying the bonus.
In: Operations Management
Of the five common characteristics of high quality information (accuracy, completeness, consistency, uniqueness, timeliness) which do you think is the most difficult to maintain and why? What steps should organizations take to ensure this characteristic?
In: Operations Management
Using the Amazon case please answer the following question:
Describe Amazon's strategic approach to mergers and acquisitions. How has the approach helped Amazon be successful? What drawbacks has Amazon faced from their merger and acquisition strategy?
In: Operations Management
Do you think it would be easy or difficult to imitate Trader Joe's strategy? Why?
In: Operations Management
Read Case Study 10-2, “Must a Union Process a Grievance of a Nonunion Employee?” on page 463 of your textbook. Then, answer the questions provided.
1. What are nonunion employee rights under the LMRA?
2. What is meant by the union’s duty of fair representation?
3. When has the union met its obligation of fair representation?
4. Has the union in this case met its fair representation obligation? Explain.
In: Operations Management
Read at least 2 academically reviewed articles and Write an annotated bibliography paper on Activity Based Costing
In: Operations Management
Examine the reasons companies use social media marketing listed in Figure 9.5.
Engage fans
Increase brand exposure
Avenue for customer interaction
Increase traffic
Generate leads
Enhance brand image
Improve search rankings
Gather customer intelligence
Develop loyal fans
Increase sales
Rank the reasons from most effective to least effective based on your personal experience with social media and brands that use it. Discuss your rankings. Explain, with examples, your top three choices.
In: Operations Management
Imagine that you have been a production operator manager for two years at a large gas distribution company. Recently, your director told you that the company is planning a large restructure, but that your department will not lose any employees. You decide that you need to use personal communication techniques to reach out to the people on your team and convince them that they are safe and they need to maintain their productivity levels for the upcoming year.
Fortunately, you have a large personal network of diverse contacts both inside and outside the company. But you know that some of your employees have much smaller networks, and you worry that they will not have the contacts they need in order to get a good perspective on the restructuring. Which of the following pieces of advice should you give to your employees to help them build their networks? Check all that apply.
A)Try to fill your network with people who are very similar to you, preferably people who do the same kind of work you do and people who have non-work backgrounds similar to yours. This will make it easier to develop relationships with them.
B)Reach out to people and do as many activities as you can with them. Try to fill your calendar so that you connect with as many people as possible.
C)You’re going to have a hard time building a network that you can use to support you through this restructuring, but start now to build your network before you need it the next time.
D)Make sure that when you build your network, you don’t always expect your contacts to be giving to you. You have to give as well as receive in order for a network to be effective.
In: Operations Management