In: Operations Management
OBJECTIVES
1. To demonstrate individual differences in job expectations.
2. To illustrate individual differences in need and motivational structures.
3. To examine and compare extrinsic and intrinsic rewards as determined by Herzberg’s Two Factor Theory
What I Want from My Job
INSTRUCTIONS
1. Determine what you want from a job by circling the level of importance of each of the following job rewards and place
an E (Extrinsic) or I (Intrinsic) in the first column identifying each reward as Hygiene (Extrinsic) or Motivation (I) based on Herzberg’s Two Factor Theory.
2. Answer Questions # 1-3
|
Identify (E) or (I) |
Very Important |
Important |
Indifferent |
Unimportant |
Very Unimportant |
|
|
1. Advancement Opportunities |
5 |
4 |
3 |
2 |
1 |
|
|
2. Appropriate company Policies |
5 |
4 |
3 |
2 |
1 |
|
|
3. Authority |
5 |
4 |
3 |
2 |
1 |
|
|
4. Autonomy and freedom on the job |
5 |
4 |
3 |
2 |
1 |
|
|
5. Challenging work |
5 |
4 |
3 |
2 |
1 |
|
|
6. Company reputation |
5 |
4 |
3 |
2 |
1 |
|
|
7. Fringe benefits |
5 |
4 |
3 |
2 |
1 |
|
|
8. Geographic location |
5 |
4 |
3 |
2 |
1 |
|
|
9. Good co-workers |
5 |
4 |
3 |
2 |
1 |
|
|
10. Good supervision |
5 |
4 |
3 |
2 |
1 |
|
|
11. Job security |
5 |
4 |
3 |
2 |
1 |
|
|
12. Money |
5 |
4 |
3 |
2 |
1 |
|
|
13. Opportunity for self-development |
5 |
4 |
3 |
2 |
1 |
|
|
14. Pleasant office and working conditions |
5 |
4 |
3 |
2 |
1 |
|
|
15. Performance feedback |
5 |
4 |
3 |
2 |
1 |
|
|
16. Prestigious job title |
5 |
4 |
3 |
2 |
1 |
|
|
17. Recognition for doing a good job |
5 |
4 |
3 |
2 |
1 |
|
|
18. Responsibility |
5 |
4 |
3 |
2 |
1 |
|
|
19. Sense of achievement |
5 |
4 |
3 |
2 |
1 |
|
|
20. Training programs |
5 |
4 |
3 |
2 |
1 |
|
|
21. Type of work |
5 |
4 |
3 |
2 |
1 |
|
|
22. Working with people |
5 |
4 |
3 |
2 |
1 |
QUESTIONS
1. Which items received the highest and lowest scores from you? Why?
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
________________________________________________________________________________________________________-
2. Were more response differences found in intrinsic or in extrinsic rewards?
___________________________________________________________________________________________________________
___________________________________________________________________________________________________________
___________________________________________________________________________________________________________
3. What are the implications for managers in trying to create rewards that motivate?
___________________________________________________________________________________________________________
___________________________________________________________________________________________________________
__________________________________________________________________________________________________________
__________________________________________________________________________________________________________
__________________________________________________________________________________________________________
In: Operations Management
Assume that you are the manager of a shop that assembles power tools. You have just received an order for 59 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is
| Item | Lead Time (weeks) | On Hand | Components |
| Saw | 2 | 15 | A(2), B(1), C(4) |
| A | 1 | 10 | E(3), D(1) |
| B | 2 | 5 | D(2), F(3) |
| C | 2 | 65 | E(2), D(2) |
| D | 1 | 20 | |
| E | 1 | 10 | |
| F | 2 | 30 | |
| a. | Develop the material requirements plan for component E using lot-for-lot ordering. (Leave no cells blank - be certain to enter "0" wherever required.) |
| Item: E(3) & E(2) LT = 1 wk. | Beg. Inv. | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Gross requirements | |||||||||
| Scheduled receipts | |||||||||
| Projected on hand | |||||||||
| Net requirements | |||||||||
| Planned order receipt | |||||||||
| Planned order release | |||||||||
In: Operations Management
The annual demand for admission kits for patients with
infectious conditions such as methicillin-resistant staphylococcus
aureus (MRSA) and C-diff is 2,200. The purchase price of a kit is
$80. The holding cost per unit per year is 20% of the item’s price,
and the cost of placing an order is $20. Currently, the kits are
ordered by the supply team in quantities of 200 and delivered by
the supplier two weeks later. The supply team places orders to
their supplier when inventory reaches 100. Demand is uncertain and
the standard deviation of weekly demand is 15.
Should the hospital carry any safety stock of admission kits? What
level of safety stock do you recommend
. What changes do you propose to the current ordering policy of the
supply team? What would be the impact on total annual cost
(ordering and holding)
In: Operations Management
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Think of another firm that has attained a differentiation focus or cost focus strategy. Are its advantages sustainable? Why? Why not? (Hint: Consider its position vis-à-vis Porter’s five forces.)
In: Operations Management
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In: Operations Management
The producer of electric cars Tesla has recently announced its plans to build a large production plant in Germany. Discuss potential ownership, location and internalization advantages of this investment according to the OLI approach. Based on the Integration-Response Framework, which internationalization strategy and which organizational structure would you recommend for Tesla? Answer in max. 300 words
In: Operations Management
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B) Why is the breadth and depth of global marketing intelligence greater than domestic marketing research
and mention about the information you will be collecting.
In: Operations Management
The 2015 Valspar paint marketing campaign "ColorForAll"was designed to elevate its brand awareness and better connect with consumers. It all started with great
A. budget
B. technology
c. award
D, insight
E. color scheme
In: Operations Management
The 2015 Valspar paint marketing campaign "ColorForAll"was designed to elevate its brand awareness and better connect with consumers. It all started with great
A. budget
B. technology
c. award
D, insight
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In: Operations Management
“Dumping” is variously described as selling below fully allocated cost or selling below the home country price. The current administration has accused the Chinese of dumping steel products, for example. Why would a company in China want to do that?
In: Operations Management
our first constitution was the Articles of Confederation. the Federalists (pro new constitution) and Antifederalists (pro keeping the Articles of Confederation) debated whether to replace the Articles with the new Constitution. In fact, the Federalist won. But what if the Antifederalists prevailed in 1788 and the people voted not to adopt the new constitution.
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In: Operations Management
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In: Operations Management
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In: Operations Management