A firm has established a distribution network for the supply of a raw material critical to its manufacturing. Currently there are two origins for this material, which must be shipped to three manufacturing plants. The current network has the following characteristics:
|
Costs |
plant 1 |
plant 2 |
plant 3 |
supply |
|
raw material source 1 |
$6 |
$8 |
$9 |
400 |
|
raw material source 2 |
$4 |
$7 |
$3 |
600 |
|
demand |
500 |
500 |
500 |
supply < demand |
The firm has identified two potential sites for a third raw material source; these are identified as Candidate A and Candidate B. From A, the costs to ship would be $9 to Plant 1, $10 to Plant 2, and $12 to Plant 3. From B, these costs would be $11, $14, and $8. The new source, wherever it is located, will have a capacity of 500 units. Solve with the transportation method. Which site should be selected?
site should be selected?
In: Operations Management
A. Tonka sells a tractor to Michael who is 16 years old. Michael paid $3000 for the tractor. The next day while mowing a person's lawn Michael flips over the tractor doing extensive damage. It turns out Michael was drunk at the time. The next day he returns the tractor to Tonka demanding the return of his money. Tonka determines that the tractor has sustained $2000 in damages and tells Michael they are deducting that the money that Michael has paid. Is Michael entitled to receive back all of the money he has paid and be released from the contract? Explain.
B. When Michael arrived home from Tonka he saw his neighbor had a problem with the tree that fell on the neighbor's house Michael spent eight hours helping the neighbor cut and remove the tree. The neighbor was so grateful that after they finished the neighbor offered to pay Michael $500 for his help. Michael told the neighbor he appreciated the offer and could use the money. If the neighbor refuses to pay can Michael enforce the promise? Why or why not?
In: Operations Management
Is there ever a time when a business decision is legal, but unethical? Please explain your response providing an example if possible.
In: Operations Management
Starbucks and Caribou Coffee are fierce competitors.
Research the two companies., "If a firm seeks to achieve a competitive advantage, its staffing strategy should support its business strategy"
Please help me with the 2 following questions:
In: Operations Management
Question about the report of the green swan.
Why Central Banks need to act for reducing uncertainties in the market?
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A steel product is manufactured by starting with raw material (carbon steel wire) and then processing it sequentially through five operations using machines A to E, respectively (see table below). This is the only use that the five machines are put to. The hourly rates for each machine are given in the table. Answer the following questions. Use the original output rates to answer each question (i.e., disregard any changes mentioned in previous questions).
| Operation: | 1 | 2 | 3 | 4 | 5 |
| Machine: | A | B | C | D | E |
| Hourly unit output rate: | 80 | 40 | 30 | 110 | 50 |
Consider the following questions.
a. What is the maximum output per hour of the steel product?
b. By how much would the output be improved if B was increased to 50?
c. By how much would the output be improved if C was increased to 40?
d. By how much would the output be improved if C was increased to 50?
e. What is the effect on the system if machine A can only manage an output of 20 in one hour?
f. What is the effect on the system if machine C can only manage an output of 20 in one hour?
g. What is the effect on the system if machine B is allowed to drop to an output of 20 in one hour?
In: Operations Management
Thumbs Up Will Be Given For Answer.
Please ELABORATE and give examples on the 2 courses of action/strategies Delta Airlines will take that are listed below:
1st course of action: Emphasize policies and protocols aligned with the CDC and WHO to ensure customer safety to retain brand loyalty (for aftermath of pandemic). Do this through advertising/marketing/consistent communication from CEO himself/offer benefits and reliable customer service.
2nd course of action: Shift their focus to other sources of revenue by undertaking a broad diversification strategy (freight flights and penetrating foreign markets in geographic regions where the “first wave” of COVID-19 has already passed through - like Asia).
In: Operations Management
If you are appointed to be the CEO of Amazon Turkey, what will be your major strategic road map in terms of market entry and customer communication especially in Covid process? (think about using digital technologies)
In: Operations Management
Identify a company that has been in the media in the last 12 months due to a controversy. Find a communication from the company and identify a paragraph that has at least 3 sentences. Evaluate the effectiveness of the paragraph at three levels found in Chapter 5: overall paragraph structure, sentence effectiveness, and the effectiveness of six words of your choosing. Write your evaluation citing specific elements from the chapter.
In: Operations Management
In what ways can an organization’s structure and culture contribute to or impede the organization’s strategic initiatives?
In: Operations Management
not too long answers
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In: Operations Management
1) Discuss the trends that are leading to the increased interest in variable pay.
2) Why do companies prefer merit bonuses over merit pay increases?
3) Discuss the plans that provide for variable incentives linked to a standard expressed as a time period per unit of production.
4) Briefly explain the concept of sales value of production (SVOP).
5) What is the difference between success-sharing plans and risk-sharing plans?
In: Operations Management
Homework #1 Process Improvement and Lean Services
1. Using Visio (or powerpoint diagram as long as it uses the same symbols) prepare a cause-and-effect diagram (fishbone diagram) for “Why customers could have long waits when they are getting coffee at Trader Bings. (To access the cause-and-effect template just use the Visio search option.)
2. Using lean principles make two recommendations that would improve the process.
In: Operations Management
|
1) What are the behaviors that compensation needs to enforce? 2) In the context of the pay model, explain how effectiveness is dependent on equity in designing a pay system. 3) Briefly explain the concept of flexible compensation. 4) Explain the expectancy theory of motivation. 5) Compare risk-sharing and success-sharing plans. |
In: Operations Management