in short essay name and describe the different ways that learning occurs in a company. What are the four types of capital and how are these influenced by training and development
In: Operations Management
Sergio Marquina is an expert of automated production lines. However, in order to promote his status to “the professor” he needs to also become an expert of line balancing in manual assembly lines. He already knows the three types of line balancing algorithms as Largest Candidate Rule, Kilbridge and Wester Method and Ranked Positional Weights. In his attempt to become “the professor”, he has to present the following discussion points to the committee of referees. Present your answers with an organized, detailed and clear way.
In: Operations Management
Where was the failure in the Microsoft Zune market research process? Which step was missing, not followed correctly, misinterpreted, or misrepresented?
In: Operations Management
In: Operations Management
Are the symbols/letters part of a universal business language? Or can an organization have its own set of symbols and letters? Up to how many symbols/letters can a BPMN have? Portraying to how easy or difficut it would be to remember them if there's a lot to cover.
In: Operations Management
What combinations of management style might you use in each of these situations and why?
In: Operations Management
QUESTION ONE:
Absorption and Variable Costing: Prepare and Reconcile Variable costing Statements
Audiophonics Limited manufactures and sells high-quality and durable ear buds for use with personal electronics that are custom moulded to each customer’s ear. Cost data for the product follows:
Variable costs per unit:
Direct materials $12
Direct labour 24
Variable factory overhead 8
Variable selling and administrative 6
Total variable costs per unit $50
Fixed costs per month:
Fixed manufacturing overhead $240,000
Fixed selling and administrative 180,000
Total fixed costs per month $420,000
The product sells for $80 per unit. Production and sales data for May and June, the first two months of operations, are as follows:
Units Produced Units Sold
May 15,000 13,000
June 15,000 17,000
Income statements prepared by the Accounting Department using absorption costing are presented below:
May June
Sales $1,040,000 $1,360,000
Cost of goods sold:
Beginning inventory 0 120,000
Add cost of goods manufactured 900,000 900,000
Goods available for sale 900,000 1,020,000
Less ending inventory 120,000 0
Cost of goods sold 780,000 1,020,000
Gross margin 260,000 340,000
Selling and administrative expenses 258,000 282,000
Operating income $2,000 $58,000
REQUIRED:
Fixed cost per month = $420,000 = 14,000 units
Unit contribution margin $30 per unit
On receiving this figure, the president commented, “There’s something peculiar here. The comptroller says that the break-even point is 14,000 units per month. Yet we sold only 13,000 units in May, and the income statement we received showed a $2,000 profit. Which figure do we believe?” Prepare a brief explanation of what happened on the May income statement.
In: Operations Management
what are the organization's responsibility to make the workplace legal & ethical as well as have a stated mission to contribute to societal goals? Write a well-developed answer
subject Human resource management
In: Operations Management
Your book states that we must never be afraid to try something new, but fear is the single most obstacle to our professional creativity.
In: Operations Management
In: Operations Management
In a narrative format, discuss Wal-Mart from a strategic perspective. Discuss Wal-Mart’s strengths and weaknesses? Information concerning recent changes in the firms is readily available online and should be accessed. Strategic issues should be discussed in “real time.
In: Operations Management
How is HRM viewed in different societies? What are your thoughts on backdoor recruitment? Other key issues?
In: Operations Management
what is the difference between "Usage of Trade", "Course of
Performance" and "Course of Dealing"?
In: Operations Management
Does Toyota embrace organization development? If so, which of the three most basic types of OD techniques is Toyota using?
In: Operations Management
What are 3 ways that an employee can show that an employer's
reason for firing the employee is a "pretext"?
In: Operations Management