Prepare a project charter for the Health Coverage Costs Business Model project using the project charter template as discussed in the class.
Assume that the project will take six months to complete and cost about AED 200,000.
Health Coverage Costs Business Model
Develop an application to track employee healthcare expenses and company healthcare costs. Healthcare premiums continue to increase, and the company has changed insurance carriers several times in the past 10 years. This application should allow business modeling of various scenarios as well as tracking and analyzing current and past employee healthcare expenses and company healthcare costs. This application must be secure and run on the current intranet so several managers and analysts can access it and download selected data for further analysis. The new application must also import data from the current systems that track employee expenses submitted to the company and the company’s costs to the insurance provider. You believe that having this data will help you revise policies concerning employee contributions to healthcare premiums and help you negotiate for lower premiums with insurance companies. You estimate that this application would save your company about AED 20/employee/year for full-time employees over the next four years.
In: Operations Management
True or false. No explanation needed
1. The basic purpose of antitrust law is to restrict
competition.
________2. Mergers between firms that compete in the same market
are vertical mergers.
3. Resale price maintenance agreements are not always illegal, but
rather subject to analysis under the rule of reason.
________4. A contract under which a seller forbids a buyer to
purchase products from the seller’s competitors is a tying
arrangement.
________5. A horizontal restraint of trade results from an
agreement between firms at different levels in the manufacturing
and distribution process.
________6. Manufacturers are not required to register a pesticide
with the EPA unless it has been ruled to pose an unreasonable
risk.
_________7. Any discharge into navigable water from a point source
is illegal without a state or EPA permit.
In: Operations Management
BONUS QUESTION B. Pierre decides to sell his hot dog restaurant in Mt. Pleasant. The dog and bun shop have been wildly successful due to Pierre’s secret recipe for his special sauce.
The buyer, Brian, pays a premium for the business. The agreement also provides that Pierre CANNOT open a competing business for 2 years within a 25-mile radius of the store’s current location on Michigan Avenue in Mt. Pleasant that uses Pierre’s secret sauce.
YOU GUESSED IT. Pierre opens a new restaurant 6 months later. The new restaurant does NOT sell dogs or use Pierre’s secret sauce in any of the food products that the restaurant sells. The new business is primarily a donut shop with various exotic coffees. It is called the “ROUND MOUND. AND DRINKS.”
In its advertising, the store states, “Come to the Round Mound and eat hearty – You too can be a round mound, just like Pierre.” The new business is also wildly successful, and Pierre is making $$$ hand over fist.
Brian now sues Pierre and wants the store closed. Please address Brian’s rights under the anti-trust statutes, a claim for false advertising, and the enforcement of the non-compete agreement.
In: Operations Management
Write about the importance of top management support for successful IT projects in 300 – 350 words.
If you support your discussion with the articles from the Internet, then you MUST provide the references.
The last paragraph should include your opinion on this topic.
In: Operations Management
Write a letter to GE, American Airlines, Microsoft, Comcast, Verizon, or another company to complain about a service, a product, or something else. The letter must be well-organized, convincing, clear, and strong otherwise .
In: Operations Management
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Multiple –Choice: Choose the letter that best fits the statements provided.
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Formulating problem solutions to identify possible consumer complaints or issues with new products, do you think the company should consider the consumer when defining customer expectations, preferences and possible issues? Or specifically use their demographics to develop the new product or service?
In: Operations Management
Write about the importance of top management support for successful IT projects in 300 – 350 words.
If you support your discussion with the articles from the Internet, then you MUST provide the references.
The last paragraph should include your opinion on this topic.
In: Operations Management
Involving stakeholders might be a must to boost sustainable
business success. Discuss the factors determining the types of
stakeholders who should be involved in the decision of
sustainable business. Explain the possible strategies of promoting
sustainability to gain stakeholders’ support. Support your answer
with examples
In: Operations Management
Need a comprehensive Supply Chain Process Map for ZARA clothing brand or a similar fashion brand
In: Operations Management
Since 911, heightened airline security has increased frustrations for both airline employees and passengers. Passengers have to abide by the ever more rules that airline employees must enforce. For instance, on a flight from Europe to the United States, a simple passenger request escalated quickly. “John Murphy asked a flight attendant about a sign telling passengers not to venture beyond the curtain separating the economy class from the rest of the plane.”, the New York Times reported. “He wanted to stretch his legs and visit his wife seated on the opposite aisle., using the passageway behind the gallery in the plane’s midsection. But when he questioned a flight attendant, on the policy and began recording their conversation using his cell phone, the situation quickly escalated. The flight attendant grabbed his phone, and nearby federal air marshalls intervened.”
The marshalls held him against the wall with his hands behind his back. Murphy said, “ I wasn’t violent. I didn’t use four-letter words. All I did was ask this guy, about the sign on the curtain and they flipped out.”. Afterwards, Murphy wandered about his rights and the rules., such as being restricted to particular cabins and not just bathrooms, as well as the right to video/audio record flight crew. A spokesperson of the Federal Aviation Administration responded that there is no rule limiting passengers movement on planes, but no person may assault, threaten, intimidate, or interfere with a crew member in the performance of the crew member's duties..”
1. Summarize this text.
In: Operations Management
Suppose you have been given responsibility for developing the six-month aggregate production plan at Soda Galore, a manufacturer of soft drinks. Your company makes three types of soft drinks: regular, diet, and super-caffeinated. Fortunately, all three types are made using the same production process, and the costs related to switching between the three types are so minimal that they can be ignored. Thus, you can treat your problem as an aggregate planning exercise where the planning unit is cases of soft drinks, regardless of what types of drinks they are.
January | 16,000 |
February | 24,000 |
March | 32,000 |
April | 32,000 |
May | 60,000 |
June | 88,000 |
Total Demand | 252,000 |
Average Monthly Demand | 42,000 |
Current Workforce | 10 workers |
Average Monthly Output per Worker | 2000 cases per month |
Inventory Holding cost | $0.30 per case per month |
Regular wage rate | $36 per hour |
Regular production hours/ month/ worker | $100 |
Overtime wage rate | $54 per worker |
Hiring cost | $1000 per worker |
Firing cost | $1500 per worker |
Subcontracting cost | $2.90 per case |
Beginning inventory | 7,000 (all safety stock) |
A)Total cost is workforce size adjusted
Total cost if overtime production used
Total cost if subtracting used
B)After much internal discussion, the company decides to maintain a permanent workforce of 10 production workers. Given the same planning information and this new requirement, develop a six-month production plan based on hybrid production. Determine the cost of the hybrid production plan. Use the overtime cost.
In: Operations Management
The specialization of jobs in our society today and brought out some consequences of this trend. Do you believe jobs are becoming more specialized? Give some examples either way to justify you position and if so is this a good or bad thing?
In: Operations Management
Walmart is a huge retailer but gets only about a quarter of its sales from outside the United States. Coles is one of the largest retailers in Australia and gets very little of its sales outside Australia. Based on your research
What factors should these top retailers consider in choosing countries for internationalizing their operations?
What are the best markets for these firms to target for foreign expansion?
What types of questions should management at each firm ask in assessing its readiness to internationalize?
In: Operations Management