1. Explain the difference between efficiency and effectiveness.
2. What distinguishes a first-line manager from a team leader?
3. Describe the three principal managerial roles identified by Henry Mintzberg and give examples of each.
4. How do companies determine that employees would be good managers
In: Operations Management
Write report on 1. Well designed and well structured employment offers 2. compose a contract containing all required information |
In: Operations Management
What is the purpose, advantages, and disadvantages of each of the following matrices:
SWOT- Strength, Weaknesses, Opportunities, & Threats
SPACE- Strategic Position and Action Evaluation
BCG- Boston Consulting Group
IE- Internal/External
GS- Grand Strategy
QSP- Quantitative Strategic Planning
Which do you think is/are the strongest of these? Why?
Cite your sources in APA
In: Operations Management
Make an initial post regarding the Decision Ethics issue from page 113 of the textbook. As you consider this issue, keep the following scripture from Leviticus in mind. As part of your answer, thoughtfully explain how the verse helps guide our decision-making. Financial Officer At year-end, the president instructs you, the financial officer, not to record accrued expenses until next year because they will not be paid until then. The president also directs you to record in current-year sales a recent purchase order from a customer that requires merchandise to be delivered two weeks after the year-end. Your company would report a net income instead of a net loss if you carry out these instructions. What do you do? ■ "Do not use dishonest standards when measuring length, weight or quantity. Use honest scales and honest weights, an honest ephah and an honest hin. I am the Lord your God, who brought you out of Egypt." Leviticus 19:35-36 Additional posts may ask questions regarding concepts, problems, or assignments that you find difficult or confusing. You may find that a classmate has the information or insight to make things clear.
In: Operations Management
According to Fraser, what are the three main ways in which feminist concerns have turned
consistent and supportive of neoliberal ideology and capitalism?
In: Operations Management
case 27 3m the first 110 years
Bus411 strategic managment
In: Operations Management
Discuss why two restaurants in the same community might have different pay levels? Support your answer with examples.
When you go looking for a job after graduation, what sources do you expect to use? Why?
What do you think of realistic job preview? Would you be more likely to choose a position where recruiters emphasized only the positive aspects of the job?
What kinds of signals can warn a manager that employee training may be necessary?
Do you think a person’s age and career stage evolve together? Why or why not?
In: Operations Management
Adirondack Savings Bank (ASB) has $1 million in new funds that must be allocated to home loans, personal loans, and automobile loans. The annual rates of return for the three types of loans are 4% for home loans, 14% for personal loans, and 7% for automobile loans. The bank’s planning committee has decided that at least 40% of the new funds must be allocated to home loans. In addition, the planning committee has specified that the amount allocated to personal loans cannot exceed 60% of the amount allocated to automobile loans.
(a) | Formulate a linear programming model that can be used to determine the amount of funds ASB should allocate to each type of loan to maximize the total annual return for the new funds. If the constant is "1" it must be entered in the box. If your answer is zero enter “0”. | |||||||||||||||||||||||||||||||||||||||||||||
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(b) | How much should be allocated to each type of loan? | |||||||||||||||||||||||||||||||||||||||||||||
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What is the total annual return? | ||||||||||||||||||||||||||||||||||||||||||||||
If required, round your answer to nearest whole dollar amount. | ||||||||||||||||||||||||||||||||||||||||||||||
$ | ||||||||||||||||||||||||||||||||||||||||||||||
What is the annual percentage return? | ||||||||||||||||||||||||||||||||||||||||||||||
If required, round your answer to two decimal places. | ||||||||||||||||||||||||||||||||||||||||||||||
% | ||||||||||||||||||||||||||||||||||||||||||||||
(c) | If the interest rate on home loans increases to 9%, would the amount allocated to each type of loan change? | |||||||||||||||||||||||||||||||||||||||||||||
- Select your answer -YesNoItem 21 | ||||||||||||||||||||||||||||||||||||||||||||||
Explain. | ||||||||||||||||||||||||||||||||||||||||||||||
The input in the box below will not be graded, but may be reviewed and considered by your instructor. | ||||||||||||||||||||||||||||||||||||||||||||||
(d) | Suppose the total amount of new funds available is increased by $10,000. What effect would this have on the total annual return? Explain. | |||||||||||||||||||||||||||||||||||||||||||||
If required, round your answer to nearest whole dollar amount. | ||||||||||||||||||||||||||||||||||||||||||||||
An increase of $10,000 to the total amount of funds available would increase the total annual return by $ . | ||||||||||||||||||||||||||||||||||||||||||||||
(e) | Assume that ASB has the original $1 million in new funds available and that the planning committee has agreed to relax the requirement that at least 40% of the new funds must be allocated to home loans by 1%. How much would the annual return change? | |||||||||||||||||||||||||||||||||||||||||||||
If required, round your answer to nearest whole dollar amount. | ||||||||||||||||||||||||||||||||||||||||||||||
$ | ||||||||||||||||||||||||||||||||||||||||||||||
How much would the annual percentage return change? | ||||||||||||||||||||||||||||||||||||||||||||||
If required, round your answer to two decimal places. | ||||||||||||||||||||||||||||||||||||||||||||||
% |
In: Operations Management
You have been asked to plan the following covert operation for the AIC:
Activity Duration (days) |
||||
Activity |
Immediate Predecessor |
Optimistic |
Most Likely |
Pessimistic |
A |
-- |
1 |
2 |
3 |
B |
A |
3 |
3 |
3 |
C |
B |
4 |
6 |
8 |
D |
A |
2 |
8 |
8 |
E |
A |
6 |
9 |
12 |
F |
D,C |
4 |
7 |
10 |
G |
D |
10 |
10 |
16 |
H |
D,E |
4 |
5 |
6 |
I |
F,G,H |
2 |
2 |
2 |
What is the probability of the project taking more than 25 days to complete? (In percentage and keep two decimal)
In: Operations Management
The following information is available for an MRP problem. The BOM file shows that Product A is made of three units of Part B and one unit of Part C. Part C is made of four units of Part D, three units of Part E, and two units of Part F. Checking the correct statements results in earning credits, while checking incorrect statements results in losing a half of a correct statement.
Item |
Quantity (in millions) |
Lead Time (periods) |
A |
4 |
1 |
B |
5 |
5 |
C |
2 |
2 |
D |
3 |
4 |
E |
4 |
3 |
F |
20 |
5 |
The Master Production Schedule requirements for the finished product are as follows (in millions):
Period |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
A |
0 |
0 |
0 |
0 |
0 |
1 |
4 |
8 |
4 |
6 |
a. |
net requirement for E in period 5 is 17. |
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b. |
gross requirement for B in period 7 is not 18. |
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c. |
net requirement for B in period 8 is 22. |
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d. |
net requirement for F in period 7 is not 15. |
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e. |
on hand inventory for C in period 6 is 1. |
|
f. |
planned order releases for F in period 2 is 12. |
|
g. |
the BOM structure has 4 levels. |
|
h. |
on hand inventory for F in period 5 is 0. |
|
i. |
planned order release for D in period 3 is not 24. |
|
j. |
gross requirement for E in period 6 is 1. |
In: Operations Management
Describe the difference between primary and secondary marketing research. Give two examples of each.
please answer the question from essentials of healthcare marketing book 4th edition
In: Operations Management
FunTime Inc., is an American toy manufacturing firm, with its headquarters in New York. The firm specializes in manufacturing educational toys for children. The table given below shows the educational toys market segment performance for FunTime Inc.
Market Application |
Educational Toys Segment Performance (millions) |
Market Demand (units) |
200 |
Market Share |
25% |
Unit Volume |
50 |
Average Net Price per Unit |
$10.00 |
Sales Revenues |
$500 |
Percent Margin |
40% |
Gross Profit |
$200 |
Marketing & Sales Expenses (% sales) |
25% |
Marketing & Sales Expenses |
$125 |
Q1: What is the net marketing contribution of FunTime Inc.? [Start your answer with the score; for full credit, show your calculations]
Q2: What is the marketing ROI for FunTime Inc? [Start your answer with the score; for full credit, show your calculations]
Q2: What is the marketing ROS for FunTime Inc.? [Start your answer with the score; for full credit, show your calculations]
In: Operations Management
Briefly discuss why developing customer loyalty and relationship marketing have become important in healthcare.
please answer the question from essentials of healthcare marketing book 4th edition
In: Operations Management
Summarize ProMES. Why is productivity often confused with efficiency? Should a measurement system be flexible? Please explain why or why not.
In: Operations Management
Summarize the argument that was used by both Alcoa and DuPont in their defense as they were tried in court for violation of antitrust laws.
In: Operations Management