Questions
One of the most enduring ideas of organization theory is that an organization's structure and management...

One of the most enduring ideas of organization theory is that an organization's structure and management must “fit” its environment in the same way that a particular horse might be more suited to one course than another. In the recent past, MNC managers have been at the receiving end of a diverse and often conflicting set of organizational structure prescriptions. On the one hand, influential academics and consultants have been urging them to abandon simplistic structures and processes and instead to build multidimensional network organizations with distributed management roles and tasks, overlapping responsibilities and relationships, and built in ambiguity and redundancy. On the other hand, equally strong voices have been arguing that the performance problems faced by many large corporations are often attributable to the complexities of their organizations and that managers must have the courage to reestablish organizational simplicity by reverting to direct decision making and unambiguous accountability. In your opinion given the complexity of the global environment, which course (or is it horse) is appropriate?

In: Operations Management

Given the ideal model of work, Focus on one aspect that you believe is important, and...

Given the ideal model of work, Focus on one aspect that you believe is important, and explain why businesses trying to implement change should not ignore this aspect.

In: Operations Management

I need to respond to my classmates' discussion post "Hunter's situation is an unfortunate one. I...

I need to respond to my classmates' discussion post

"Hunter's situation is an unfortunate one. I believe Hunter's captain is certainly in the wrong by doing this. However, there are multiple ways Hunter may react once the conflict escalates. If Hunter were to use an avoidance style in this conflict he may quit his job or he may seek someone else's help in resolving the conflict remotely. Quitting his job would be the most direct form of avoidance, however, it may not be the best for him and his girlfriend may not like that solution either. Hunter may begin triangling via his girlfriend or other officers. Triangling is a style of avoidance in which a person discusses their conflict with a third party in hopes that the third party confronts or resolves the conflict for them without them having to do anything directly. Maybe Hunter could hope his girlfriend would confront his captain about their past relationship and how he is treating Hunter because of it. Another style Hunter could adopt is one of accommodation. This style can be seen as cooperative to a fault of the cooperator. The best way to accommodate his captain would be to break up with the girl he is dating. This may make the captain happy, however, Hunter will be hurt in the process. A forcing style, or a win at all costs style, would have Hunter push forward and continue his relationship while disregarding the push-back from his captain. This may prolong and escalate the conflict between the two parties. Also, Hunter's win at all costs reactions may affect his relationship with the girl he is dating. It would be bad if his drive to date her became entwined with his need to win against his captain. Collaboration is considered a resolution style where both parties win. However, it may be difficult for both parties to win in this situation. Maybe the best route would be for Hunter to talk directly with his captain and reach an understanding. If the captain can move past his resentment then both parties will feel better. However, if that is not possible, they may simply have to compromise. Compromise is difficult in this situation. It may require mediation and discussion similar to the collaboration style. In the end, the captain may just have to compromise his feelings while Hunter compromises something of his (Aamodt, 2016). I think collaboration or compromise would be the best solution here. If that does not work, a higher power may need to intervene to ensure Hunter is not discriminated against because of his personal relationships."

In: Operations Management

Globalization represents the opportunity to deliver improved value to end customers by developing world-class supply relationships...

Globalization represents the opportunity to deliver improved value to end customers by developing world-class supply relationships in terms of cost, quality, delivery and prrformance. mpre and more buyers have to learn to develop a supply base in more than one country in order to remain competitive in the complex and dynamic global business environment.

Identify a company of your choice ( in a vehicle manufacturing industry) on which you will base your study.

1. Critically analyse reasons that may cause your company to consider an international supplier over a local supplier.

In: Operations Management

Question 5) Ellie Daniels has $200,000 and is considering one of three mutual funds for investment:...

Question 5) Ellie Daniels has $200,000 and is considering one of three mutual funds for investment: A global fund, an index fund and an internet fund. Based on previous returns, the following table represents the outcomes based on Good or Mediocre market conditions:

Market

Conditions

Fund

Good

Mediocre

Global

$25,000

-$8000

Index

$35,000

$5000

Internet

$60,000

-$35000

Which fund should she choose using each of the following decision methods

  1. Maximax

  1. Maximin

  1. Hurwicz with α = .55

  1. Expected value method if there is a .7 chance of “Good” conditions and .3 chance of “Mediocre” conditions.

In: Operations Management

Explain why America is better suited to export computers&  while Kenya is better suited to produce hides-and-skin.

Explain why America is better suited to export computers&  while Kenya is better suited to produce hides-and-skin.

In: Operations Management

Make a one-page fact sheet with the information from Consumer Value Store. write a fact sheet...

Make a one-page fact sheet with the information from Consumer Value Store.

write a fact sheet on CVS health.

its for public relations class.

Thank You.

In: Operations Management

A company manufactures mountain bikes, hybrid bikes and road bikes. Each bicycle passes through three departments:...

A company manufactures mountain bikes, hybrid bikes and road bikes. Each bicycle passes through three departments: fabrication, painting, and final assembly. The total labor hours available for fabrication are 100, for painting are 120 and for final assembly are 140. The labor requirements and profit are given in the following table.

Type

Fabrication (hr)

Painting (hr)

Assembly (hr)

Profit ($)

Mountain

3

5

3

90

Hybrid

4

2

7

110

Road

3

6

3

70

  1. Formulate the linear programming model (be sure to state what the variables stand for.

  1. How many bicycles of each type should the company make to maximize its profit (record your answer to the nearest whole number)? What is the maximum profit?


  1. Find the sensitivity ranges for the three constraint amounts.

In: Operations Management

Assignment: In light of the current COVID-19 pandemic that has consumed this semester, what are two...

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...

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.

  1. Suppose the company uses moving averages to make forecasts. Make forecasts all the way through Q4 Year 5. Assume the company uses (i) 3-quarterly moving averages and (ii) 4-quarterly moving averages.
  2. Compare the two sets of forecasts from (a) on the basis of Mean Absolute Percent Deviation. Which is more accurate – 3 quarterly moving average or 4 quarterly moving average?
  3. On a line chart plot the time series along with the forecasts from the method you select in (b).

Question 3 (20 pts)

Ignore any trend or seasonality in the data.

  1. Suppose the company uses weighted moving averages to make forecasts. Make forecasts all the way through Q4 Year 5. Assume the company uses (i) 3-quarterly moving averages with weights 0.6, 0.3, and 0.1 and (ii) 4-quarterly moving averages with weights 0.4, 0.3, 0.2, and 0.1. In both cases the most weight is given to the most recent quarter and the least to the oldest quarter in the moving average.
  2. Compare the two sets of forecasts from (a) on the basis of Mean Absolute Percent Deviation. Which is more accurate – 3 quarterly weighted moving average or 4 quarterly weighted moving average?
  3. On a line chart plot the time series along with the forecasts from the method you select in (b).

Question 4 (20 pts)

Again ignore any trend or seasonality in the data.

  1. Suppose the company uses exponential smoothing to make forecasts. What are the forecasts for periods Q2 Year 1 through Q4 Year 5 assuming (i) alpha = 0.3 and (ii) alpha = 0.7? In both cases assume that the forecast for Q1 Year 1 was 25 units.
  2. Compare the two sets of forecasts from (a) on the basis of Mean Absolute Percent Deviation. Which is more accurate – alpha of 0.3 or alpha of 0.7?
  3. On a line chart plot the time series along with the forecasts from the method you select in (b)

Question 5 (20 pts)

Now make adjustments for trend and seasonality.

  1. Quantify the trend in the time series. What does the trend equation tell you?
  2. Quantify the seasonality in the time series by calculating seasonality indexes. What do these indexes tell you?
  3. Using the trend and the seasonality information from (a) and (b) make forecasts from Q1 Year 1 through Q4 Year 5.
  4. Calculate the Mean Absolute Percent Deviation for the forecasts in (c).
  5. On a line chart plot the time series along with the forecasts from (c).

Question 6 (15 pts)

Using the most accurate method of all of the above,

  1. Make forecasts for the four quarters of Year 6.
  2. Plot these forecasts on the same line chart as the time series.
  3. Summarize in a few lines your findings from your answers to Q1 through Q6b. I really need answer to question 4 and 5 please. Thank you.

In: Operations Management

write a brief description about the book called How to win friends and influence people by...

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.

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...

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...

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...

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