Max Z = 2x1 + 8x2 + 4x3
subject to
2x1 + 3x2 ≤ 8
2x2 + 5x3 ≤ 12
3x1 + x2 + 4x3 ≤15
and x1,x2,x3≥0;
Indicate clearly the optimal basic and nonbasic variables and their values and write the reduced cost of each optimal nonbasic variable.
In: Operations Management
QN.1 Explain the need for integrating analysis and intuition in strategy formulation and intuition.
QN.2 Discuss the nature and role of vision statements and mission statements in strategic management.
QN 3 Describe the nature and purpose of an external assessment in strategy formulation.
In: Operations Management
Why are risk management plans necessary? (220–250 words)
In: Operations Management
Post a plan for conducting a lessons-learned analysis with your project team and key stakeholders to assess the lessons learned during the scheduling phase of your project. It is understood that you have not actually completed this phase, but it is important for you to plan how you will include an analysis of the lessons learned during the closeout process for scheduling phase of the project. Post a memo to the project team and key stakeholders scheduling the lessons-learned meeting, and describing the purpose of the meeting. Include an agenda (customized for your course project) of the items that will be discussed. Describe how the outcomes of the meeting will be recorded and added to the organization’s knowledge base.
In: Operations Management
I need information on Chipotle's price and cost management
In: Operations Management
1. CREATE a brief critical incident scenario that demonstrates A. Effective issuing of orders and directions, and B.) Effective Command Presence.
2. IDENTIFY at what specific events, during the created critical incident, where two (2) Acute Critical Stress Symptoms and two (2) Delayed Critical Stress Symptoms are found.
Please use and list credible APA resource and cite them, at least two. Thank you
In: Operations Management
Post your response to the following: Briefly describe your project management experience and the project you have selected to work on for this course. Based on your experience and the unique characteristics of your project: Analyze the relevance of critical chain project management. Is this an approach that would be helpful in assisting successfully managing your project? Explain your rationale and support that rationale with a minimum of one citation to the weekly resources Analyze the relevance of the flexibility of agile project management. Would an agile approach assist you in successfully managing your project? Explain your rationale and support that rationale with a minimum of one citation to the weekly resources
In: Operations Management
Does the current MLB collective bargaining agreement make it harder or easier for the players and teams? Why?
In: Operations Management
Q1) how do marketers return on marketing investment? why is this figure difficult to assess?
Q2) how can marketers reach the Millennials effectively ?
In: Operations Management
Question 3
The Fly-High Airplane Company builds small jet airplanes to sell to corporations for use by their executives. To meet the needs of these executives, the company's customers sometimes order a custom design of the airplanes being purchased. When this occurs, a substantial start-up cost is incurred to initiate the production of these airplanes.
Fly-High has recently received purchase requests from three customers with short deadlines. However, because the company's production facilities already are almost completely tied up filling previous orders, it will not be able to accept all three orders. Therefore, a decision now needs to be made on the number of airplanes the company will agree to produce (if any) for each of the three customers.
The relevant data are given in the table below. The first row gives the start-up cost required to initiate the production of the airplanes for each customer. Once production is under way, the marginal net revenue from each airplane produced is shown in the second row. The marginal net revenue is the purchase price minus the marginal production cost. The third row gives the percentage of the available production capacity that would be used for each plane produced. The last row indicates the maximum number of airplane requested by each customer (but less will be accepted).
Customer 1 |
Customer 2 |
Customer 3 |
|
Start-up cost |
$3 million |
$2 million |
0 |
Marginal net revenue |
$2 million |
$3 million |
$0.8 million |
Capacity used per plane |
20% |
40% |
20% |
Maximum order |
3 planes |
2 planes |
5 planes |
Fly-High now wants to determine how many airplanes to produce for each customer (if any) to maximize the company's total profit (total net revenue minus start-up costs). Formulate the mixed integer programming model and solve it using Excel solver for this problem.
In: Operations Management
You are an off-duty Chicago Police Department S.W.A.T. Team Commander. You are at National Car Rental, located on Bessie Coleman Drive, returning a rental car as you plan to shuttle to nearby O’Hare International Airport. The line is moving incredibly slow and there are five people in front of you. You look at your watch to check the time- and realize that you are almost late based upon your time estimates. It is 3:30 p.m. and your flight leaves at 4:15.
BOOM! The floor shakes and people scream. You immediately go outside and look towards the source of the blast…and it appears to have come from O’Hare International Airport. You stand there, for a few seconds, with your eyes and ears sharply tuned-in to the direction of the blast. You see nothing.
You open your tactical bag, which you luckily brought with you as a carry-on item, and pull out your binoculars. You survey the visible portions of the airport. Nothing.
You grab your cell phone and call the S.W.A.T. team Lieutenant, Gaven, to see if there have been any reports on the incident.
“Gaven…you there? It’s me.”
“Hey Boss- look man, I hope you had a good flight but we just got a call- it’s GO TIME!” he replied.
“Whoa- hang on! I am still here- I am at National Car Rental on Bessie Coleman Drive- and I just heard a loud boom from O’Hare. I am Northeast of O’Hare, and…”
“Boss!” Gaven interrupted. “Get over to O’Hare now. We got a call that a bomb exploded in the FlyHigh airport terminal and the communications went dead…and we received phone calls from people in the airport saying that this is a mass-casualty event and hundreds of people needing rescue. Meet me at the insertion rally point (IRP), that we use for training there, and you can suite and boot.”
“Roger that!” You reply. I never get a day off…
You grab the rental car and arrive at the IRP quickly. You can now see smoke coming out of a jet bridge linked to the FlyHigh terminal. Your cell phone vibrates and you turn around to see your team driving towards you.
“Hey Boss! Let’s move it!” Gaven said as you approached the S.W.A.T. truck.
“Give me a sit-rep as I gear up” you reply, already knowing that Gaven has all of the known information as of right now. He was good like that.
“Okay Boss- here’s what we got. At 1531 (3:31 p.m. for you civilian types), as FlyHigh was exiting a flight that just arrived, a suicide bomber set off a nitroglycerine bomb…”
You cut him off. “Hang on- liquid explosives? What-”
“No offense Boss, but stay quiet. I will get to that. Anyway, federal authorities have been notified and they are sending in the FBI’s Hostage Negotiation and Hostage Rescue Team (HRT). We don’t know if there are more terrorists or if they have any hostages, yet you know the routine. We were tapped as the first responders…so guess what? You are the Incident Commander.”
“…so we have nothing? REALLY? None of the phone calls that came in told us anything more than mass casualties and hundreds injured?” You reply, fairly flabbergasted.
“Nope. The dispatchers said that the calls were frantic and all they heard was a lot of screaming and noise in the background, and no dispatcher hear gunfire.”
“Alright, Gaven. Let’s rock ‘n roll! Saddle up the Team and follow me.”
Your Team easily enters the FlyHigh terminal. You took a back entrance (Secret Entrance 41, or SE41) that only S.W.A.T. teams, and other federal first-response teams, know exist. Meanwhile, while monitoring the radio chatter in the process of approaching the scene, you hear that people are frantically running out of the airport, cars have clogged up all entrances and exists to the airport, and law enforcement is slowly clearing an entrance point and triaging the known injuries. This out-of-control scene has only allowed for four police units, one firetruck, and two EMS trucks to arrive on location. The remainder of the first responders are stuck in traffic.
You advise dispatch that you don’t know the disposition of the rest of the airport because you are taking SE41 to make initial contact. You advise to prioritize law enforcement securing the remainder of the airport.
Your Team enters the FlyHigh terminal and quickly determines that there are no more existing threats. However, the scene is how you would imagine it to be; the death, carnage, and screams for help is something that no horror movie could replicate.
You provide a sit-rep to dispatch and then hear another loud BOOM from another part of the airport. You make sure everyone on your Team is ‘green’ and get back on the radio to notify dispatch. You didn’t have a chance to say anything- your Team is ordered to the front entrance where the first responders are.
You arrive to the new scene and call in a quick sit-rep.
“This is Boss. The Team has arrived to the second event. There is a second mass-casualty event.”
Your Team surveys the area briefly and gives you a report to call in to the higher command.
“This is Boss. Advise that a second nitroglycerine bomb attack occurred at the second incident location. No surviving first responders. Estimated more than 100 injured. HazMat team and staging area needed.”
Within three hours, a perimeter has been set up around O’Hare International Airport, your command post is in place, HazMat has set up a staging area and is cleaning the area, and all of the casualties and injured have been removed. Hundreds of people have arrived to check on their loved ones and this is creating quite a disturbance to your operations command.
You are then briefed by the HazMat operations commander that the area contaminated by nitroglycerine is larger than thought. HazMat states that they need you push back the scene entrance by 300 feet.
The incident is finally resolved twelve hours later. Boy, are you tired! You begin demobilizing resources and the assessment procedures. You then work with other departments to review your response. You check your timeline to make sure that you have all of the necessary information because you know that there will be countless inquiries…and an internal investigation by the Chicago Police Department.
Instructions:
3. DESIGN a plan for each Outcome (for each Stage: Prevention Preparedness Stage, the Response Stage, and the Recovery & Mitigation Stage. This includes identification of the Crisis, Scene Management, and Executive Management Stages (under the Response Stage)), that Boss failed to meet, that analyzes what Boss could have done to meet each Outcome that he failed to reach in each stage.
Please include 2 or more APA cited credible citations. Thank you
In: Operations Management
Question 4
Foxcomp, an electronics and computer manufacturer with a global supply chain, wants to add a new supplier for some of its component parts, and the suppliers it's considering are in Taiwan, India, Thailand, the Philippines. As part of its risk management program, Foxcomp wants to assess the possible impact of a supplier shutdown in the event of a natural disaster, such a flood, fire, tsunami, or an earthquake. The following payoff table summarizes the losses (in millions of dollars) for an extended supplier shutdown, given different levels of event severity and recovery in each country.
Event Severity |
|||
Low |
Moderate |
Normal |
|
Taiwan |
$15 |
$19 |
$23 |
India |
7 |
10 |
20 |
Thailand |
12 |
15 |
19 |
Philippines |
6 |
9 |
25 |
probability |
0.42 |
0.35 |
0.23 |
In: Operations Management
Explain who should be involved in the evaluation of risk management treatments. Sometimes external auditors can be called in to evaluate risk management plans and strategies. What are three advantages of using external auditors?
In: Operations Management
Will Safeway or Loblaws have the higher inventory level if both have identical cost structure and equal average demand. Safeway has a higher standard deviation in forecast than Walmart, please detail arguments and your reasoning clearly .
In: Operations Management
What are the dynamic capabilities of suppliers and customers in the Indian IT management industry?. What competencies are needed to exploit those capabilities? Can a competitor imitate those capabilities? Explain why.
In: Operations Management