Assignment:
In light of the current COVID-19 pandemic that has consumed this semester, what are two or three examples of ethical leadership you have witnessed? These examples can be drawn from personal, professional, or academic situations.
In: Operations Management
INFO 564 Homework Assignment 5 (100 pts)
This work must be done completely in EXCEL. Answer each question on a separate tab. Label each tab appropriately. You can copy and paste the data given into an Excel worksheet.
South Shore Construction builds permanent docks and seawalls along the southern shore of Long Island, New York. The following data show quarterly sales revenues (in $’000s) for the past 5 years.
|
Quarter |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|
1 |
20 |
37 |
75 |
92 |
176 |
|
2 |
100 |
136 |
155 |
202 |
282 |
|
3 |
175 |
245 |
326 |
384 |
445 |
|
4 |
13 |
26 |
48 |
82 |
181 |
Question 1 (5 pts)
Plot this data with quarters from years 1-5 on the horizontal axis. What components do you see in this time series?
Question 2 (20 pts)
Ignore any trend or seasonality in the data.
Question 3 (20 pts)
Ignore any trend or seasonality in the data.
Question 4 (20 pts)
Again ignore any trend or seasonality in the data.
Question 5 (20 pts)
Now make adjustments for trend and seasonality.
Question 6 (15 pts)
Using the most accurate method of all of the above,
In: Operations Management
write a brief description about the book called How to win friends and influence people by dale carnegie? Write four areas of book you find interesting and why? what do you don't like about this book why?
In: Operations Management
Explain why the Infant-Industry argument is valid.
In: Operations Management
a. What ETHICAL DILEMMAS might the CORONA CRISIS provoke for the business you selected?
b. How could the CORONA CRISIS be an OPPORTUNITY for making this business MORE ETHICAL?
In: Operations Management
how is diversity good? Will employees with personal + demographic similarities work together better with less conflict?
In: Operations Management
1- What might be the underlying motivations of Geely's
acquisition of foreign auto brand?
2- How does cooperation in international business offer
competitiveness?
3- What role can the government play in promoting
internationalisation?
China Globalises London's Black Cabs lobalisation
refers to international transactions, co- company for last 70
years. Coventry city is the birth place of operation, and
competition among firms. China has British motor industry and has
long tradition of manufacturing become one of the most active
trading nations in an iconic automobile brands like Jaguar, Rover,
Triumph, and increasingly globalised world. China's pursuit in
transforming Armstrong Siddeley. The FX4 model taxis rolled out in
1959 itself into an industrial economy gave birth to a thriving
auto from Coventry plant set the quintessential shape for the black
mobile industry and Geely Automobile Holdings Limited was cabs.
They formed partnership with Geely in 2006 which fi- founded in
1986. Geely is a subsidiary of Li Shufu's Zhejiang nally acquired
the taxi maker in 2012 for £11.4 million after it Geely Group. They
began with motorcycle production and went into administration.
London Taxi Company's current annual eventually started
manufacturing cars in 1997. Geely's moto production is
approximately 2000 taxis. Geely has been con- of 'Happy Life, Geely
Drive' encompasses its customers, sup- stantly investing to
increase capacity and competitiveness since pliers and human
resource to manufacture safe, environmental acquisition. The
company has recently announced a £250 friendly and god value
automobiles. Relentless pursuit of bet million investment to build
a new factory with a production ter technology, foreign brands and
oversees market resulted capacity of approximately 36000 cars
annually. This new in- in Geely's European acquisition of Volvo
cars in 2010 and vestment is celebrated locally and nationally due
to 1000 new London Taxi Company (LTC) in 2012. jobs creation and
boost to the local economy. Geely's ambition London Taxi Company is
the manufacturer of the iconic to put iconic London taxis in all
major cities in the world require London Black Cabs. Coventry has
been the home of the lots of innovation in emission technology and
globalising the London taxi experience. The current technology is
not suitable The Chinese state extended its support to fund Geely's
for bigger cities due to high emission, less fuel efficiency and
oversees ambitions. China EXIM bank is offering a 20 billion bulky
weight. The company has pledged to invest a further £80 yuan credit
line to Geely. This is exciting news for privately million in
research and development of TX5 model with hybrid owned enterprises
in China as favourable credit lines were engines. Hybrid and
electric taxis are expected to roll out from mostly available for
the state owned enterprises (SOEs) until the new factory in 2018.
recently. This is an expected move from new Chinese leader- Western
manufacturers are also developing strong manu- ship team under
chronic overcapacity and mounting losses of facturing bases in
China to tap the opportunities presented the State Owned
Enterprises. by the increasing purchasing powers of Chinese people.
Geely's ownership of London Taxi Company is an ex- Competition from
foreign manufacturer, cost pressures due ample of multinational
corporations (MNCs) from emerging to stringent regulatory
requirements at home and volatility in economies acquisition in the
industrial hearts of developed some export markets are some of the
current challenges for countries. This is a fairly new phenomenon
in international Geely. The management is searching for new
opportunities to business which becoming more and more common with
grow- overcome these challenges. ing powers of emerging
economies.
In: Operations Management
DESCRIBE and ASSESS some of UBERS PRACTICES in relation to its STAKEHOLDERS* Do you consider the practises you describe ETHICAL and/or UNETHICAL? Why?
* Choose 2 or 3 of the following STAKEHOLDER groups in your answer (of question 1):
o EMPLOYEES
o CONSUMERS
o SHAREHOLDERS
o TOPMANAGEMENT
o COMMUNITY
o LOCAL GOVERNMENT
In: Operations Management
Perform qualitative risk Analysis using a 5×5 matrix for software development System on 500 medical records for a health clinic
Levels of Probability and Impact on Four Specific Objectives Used to Evaluate Individual Risks.
|
Cost |
Schedule |
Resources |
Scope |
In: Operations Management
Read the case below and answer the questions that follow.
You are attempting to achieve a positive and helpful tone to invite employees to the benefits fair. Your goal is to get as many employees to attend as possible. In this exercise, you will assume the role of a human resources (HR) specialist for your company. Each year, your company holds an open enrollment period during October. During this period, employees can make changes to various benefits, such as health insurance, dental insurance, life insurance, and retirement packages.As part of the open enrollment period, you hold a benefits fair. At this event, representatives for each of your approved insurance and retirement plan vendors are available. Also, representatives from your own office are there to answer questions. To attract employees to the event, you also invite several high-profile speakers to discuss health care and retirement planning.You are writing several messages to employees to invite them to the event. You will send these messages via email and as announcements on the corporate intranet. You expect that you can be particularly influential by posting to the benefits blog, which is one of the most widely accessed blogs on your corporate intranet.
1. You often find that employees choose a health care plan without carefully considering their options. In fact, sometimes employees realize they are spending too much for health care or that they lack health care options, and they end up blaming you for not informing them sufficiently of their options ahead of time. You want employees to attend the fair and take the time to carefully weigh their options. Which of the following statements is most likely to attract employees to the fair to do so?
Multiple Choice
This presentation helps you choose which of the five health insurance options works best for your family.
This presentation discusses the relative benefits and costs of each health care option.
In this presentation, we provide you with the answers you need about the five health insurance options.
2. In this year's fair, you want to emphasize preventative health care. You have found that few employees take advantage of preventative health care options provided by the company. Which of the following statements is most likely to encourage employees to take action?
Multiple Choice
Most people don't take action until it's too late. This presentation will show you the many preventative health care options that help you avoid health crises now and in the future.
Feel better in less than 30 days and focus on your long-term wellness. This presentation will show you the many cost-free preventative health care options available to you that make a difference now and in the future.
Most people don't take action until it's too late. This presentation will show you the many preventative health care options available to you that have lasting and positive impacts now and in the future.
3. You want your longtime employees to make sure their retirement plans are best suited for their career stages. You think that most employees make wise investment choices when they join the company. However, you find that few employees make adjustments to their retirement plans as they advance in their careers. You are particularly concerned about employees who have worked at the company for more than ten years and haven't updated their retirement packages. Which of the following statements is most likely to persuade longtime employees to attend the presentation about retirement planning?
Multiple Choice
Choose a retirement package that best matches your career stage. At this presentation, you'll learn how you can make sure you have enough money for as long as you live.
Don't miss this opportunity to maximize your retirement income. At this presentation, we'll tell you how we can help you manage your longevity risk on your retirement package.
Choose a retirement package that best matches your career stage. At this presentation, we'll tell you how we can help you manage your longevity risk on your retirement package.
4. You want employees to know that they can talk to retirement planning specialists. Which of the following statements is most likely persuasive to the most employees?
Multiple Choice
Make your financial dreams come true. Talk one-on-one with our expert retirement planners to decide which retirement packages make the most sense for you.
Learn about your options for retirement income. Talk one-on-one with our expert retirement planners to decide which retirement packages make the most sense for you.
Learn about your options for retirement income by talking one-on-one with our expert retirement planners, who can help you decide which retirement packages make the most sense for you based on your retirement goals and hopes.
Learn about your options for retirement income. Meet with our retirement planners to find out their recommendations for your retirement package.
5. You think that health care spending accounts (HCSAs) make sense for about two-thirds of your employees, but only about 10 percent of your employees have them. You'd like your employees to make more informed choices about this option. Which of the following statements is most likely to persuade employees to attend a presentation about this option?
Multiple Choice
How does an HCSA work? In this presentation, you'll find out how you can save money by using an HCSA to pay for your portion of medical expenses with pretax dollars.
Are health care spending accounts worth the hassle? Absolutely yes! We'll show you how you can save enormous amounts of money each year by using HCSAs.
Most employees will save $400 to $500 annually by using HCSA. In this presentation, you’ll find out how you can save money by using an HCSA to pay for your portion of medical expenses with pretax dollars.
6. You are writing a blog post about dental insurance. Only 5 percent of your employees have signed up for dental insurance. You estimate that at least 40 percent of your employees would save money by getting dental insurance, most noticeably those employees who have children in their homes. Which of the following statements is best?
Multiple Choice
Will you save money with dental insurance? In some cases, yes. In some cases, no. We estimate that the average family of four will save nearly $550 per year by enrolling in dental insurance, so please join us for this short 15-minute presentation to find out if dental insurance will pay off for you.
Dental insurance often gets a bad rap and many people think that it's just not worth it. Yet, it does pay off for most employees, so please join us for this short 15-minute presentation to find out if dental insurance will pay off for you.
Will you save money with dental insurance? In most cases, yes. So, please join us for this short 15-minute presentation to find out if dental insurance will pay off for you.
Will you save money with dental insurance? It’s a sure bet for most employees. Come to a 15-minute presentation to find out how you can save $550 or more per year by enrolling in dental insurance today.
7. You've found that few employees take advantage of free tests and screenings, including cholesterol tests. You don't have any hard numbers, but you estimate at least half of employees haven't had cholesterol tests during the past few years. You also know that many employees are nervous about getting this simple test because they think they don't want to confront the possibility of having high cholesterol. Which of the following statements is most likely to persuade employees to go to the fair and take the test?
Multiple Choice
Are you scared to do a cholesterol test? Most of us are, but it's certainly in your best interest to know where you stand. At the benefits fair, you can receive free cholesterol tests. Our friendly nurses will discreetly provide the results and, if needed, explain the steps you can take to improve your cholesterol levels.
High cholesterol increases your risk of heart attack. At the benefits fair, you can receive free cholesterol tests. Our friendly nurses will discreetly provide the results, and if needed, explain the steps you can take to improve your cholesterol levels.
Are you scared to do a cholesterol test? Don't risk a heart attack at the risk of your own pride or indifference. Now is the time to act. At the benefits fair, we are offering free cholesterol tests. Our nurses can give you immediate feedback about steps to take to reduce your cholesterol count.
Are you scared to do a cholesterol test? Don't let this fear stop you from understanding your health situation. At the benefits fair, we are offering free cholesterol tests. Our nurses can give you immediate feedback about steps to take to reduce your cholesterol count.
In: Operations Management
1. What is the purpose of medical ventilators for patients
2. What are the major components? How are they acquired? Where are they coming from? Supply side 7 layers deep
3.What is the assembly for the ventilators?
4. Is there a centralized distribution location
In: Operations Management
Describe how machine learning will change systems development projects. Using Microsoft Fetch! as an example, explain why “training” will be an integral part of systems development. Explain why you will be involved in systems development projects during your professional career. How does the knowledge of your generation of businesspeople influence systems development? Explain why systems will be more easily adapted.
In: Operations Management
In: Operations Management
The case:
Hai Vu is the new president of Pacific Coast Optics (PCO) a small manufacturing firm in Sacramento, CA which produces fiber lenses for Street Mapping System, Infrared Lens for Anti-Terrorism Detection, and Camera Lenses for the Mars Rove. Hai Vu recently bought this company from his former employer. PCO used brokers to sell to wholesalers who marketed to retailers. Hai Vu occasionally thought about eventually developing his own sales force, but that was still some time away. Hai Vu is currently taking a second look at his plan to improve his firm’s profit performance. In 2019 PCO had a modest profit of $160,000; his 2020 goal is to increase this by 25%.
The 2019 retail selling prices of the three products PCO sold were $100,000 (Camera Lenses for the Mars Rove, $70,000 (Street Mapping Systems), and $25,000 (Infrared Lens for Anti-Terrorism Detection) per product, accounting for 25%, 40%, and 35%, respectively, of retail sales. In 2019, PCO paid its brokers a 6% commission on all products sold to wholesalers. Wholesalers margin was 28% on retailer purchase price while retailers’ markup was 39% on wholesaler selling price. PCO’s 2019 material and labor costs per product ran about $20,000, while packaging and crating costs were $500 per product.
Hai Vu estimates machinery maintenance expenditures to be about $90,000 per year. PCO uses both “push” and “pull” promotional approaches to marketing through their channels of distribution. PCO products aside a $5 product information brochure for every product . In 2019, PCO attended two national trade shows at $9,000 each and 4 regional trade shows at about $4,000 each. PCO spent nearly $240,000 advertising in national consumer magazines and an additional $30,000 in trade publications to wholesalers and retailers. All of these will repeat for 2020.
Broker commission for 2020 will increase to 12% while packaging crating costs will go up to $505 per product. Hai Vu also plans to increase 2020 manufacturer selling price by about $2000 per product.
Assuming no changes in costs and prices other than those mentioned earlier, how will Hai Vu’srequired level of sales (RLS) to reach the 2020 profit goal, in units and dollars, differ from those for the 2019 profit goal, in units and dollars? That is, will they go up, down or stay the same?
•
Q07.What is the proposed PCO manufacturer selling price per product and $ profit goal for 2020?
In: Operations Management
QUESTION 1:
People are sometimes puzzled by the fact that entrepreneurs who have made millions of dollars still put in 60- to 80-hour a week helping their companies innovate and grow.
Required
i. In your view do you think entrepreneurs do not face any challenges? Justify your answer
ii. Why do you think millionaire and multimillionaire entrepreneurs still carry out their work responsibilities every day?
iii. If you were one of these entrepreneurs, do you think you would take the same hands-on approach? Why or why not?
In: Operations Management