Questions
Use examples to discuss the different capabilities needed by foreign companies to be successful in China.

Use examples to discuss the different capabilities needed by foreign companies to be successful in China.

In: Operations Management

Outtel manufactures tablet computers. These tablet computers are manufactured in Seattle, Columbus, and New York and...

Outtel manufactures tablet computers. These tablet computers are manufactured in Seattle, Columbus, and New York and shipped to retail stores in Pittsburgh, Austin, Denver, Los Angeles and Washington D.C. These retail stores require 420, 290, 320, 510, and 370 tablet computers, respectively. Seattle plant can manufacture up to 720 tablet computers. Columbus plant can manufacture up to 670 tablet computers, and New York plant can manufacture up to 590 tablet computers. Shipping costs per tablet computer between plants and retail stores are given in the following table: Retail Store Plant Pittsburgh Austin Denver Los Angeles Washington Seattle $10.5 $12.6 $7.2 $6.4 $9.8 Columbus $3.6 $18.1 $9.6 $10.6 $5.7 New York $2.9 $17.5 $10.1 $12.4 $3.2 a) Develop a network representation of this problem. b) Formulate a linear programming model that can be used to determine the amount that should be shipped from each plant to each retail store to minimize the total cost. (Write the complete model for the problem. Make sure to give clear definitions of your decision variables). c) Solve the problem by using Excel Solver (Hand-in the one-page value and one-page formulas printouts for the problem).

In: Operations Management

search and seizure differ between criminal investigations, administrative searches and inspections regarding regulated businesses? Explain fully,...

search and seizure differ between criminal investigations, administrative searches and inspections regarding regulated businesses? Explain fully, givin exampled of each Business Law 285

In: Operations Management

Discuss why the central limit theorem is so important in quality control. 200-250 word reply please

Discuss why the central limit theorem is so important in quality control. 200-250 word reply please

In: Operations Management

What is the pricing strategy of the heinz ketup and justify why the company is using...

What is the pricing strategy of the heinz ketup and justify why the company is using that particular pricing strategy?

In: Operations Management

Compare and contrast management and leadership functions and traits.

Compare and contrast management and leadership functions and traits.

In: Operations Management

Case Study - Kozmo, the online convenience store to shut down Read out the case study...

Case Study - Kozmo, the online convenience store to shut down

Read out the case study given below and answer the questions that follow.  

New York-based Kozmo, the 3-year-old company announced that it would stop delivery service in all nine cities it operates. New York-based Kozmo, which dispatched legions of orange-clad deliverymen to cart goods to customers' doors, is the latest dot.com dream to evaporate in the market downturn. Amazon com, venture capital firm Flatiron Partners and coffee giant Starbucks were among the investors in Kozmo.

Kozmo said in December that investors promised a total of $30 million in private funding. But last month the company learned that an investor had backed out of a $6 million commitment. Kozmo executives had been working on a merger deal with Los Angeles-based PDQuick, another online grocer, sources said. The deal collapsed when funding that was promised to PDQuick did not materialize. Sources said Kozmo still has money but decided to close now and liquidate to ensure that employees could receive a severance package.

Just last month, Kozmo Chief Executive Gerry Burdo was upbeat about Kozmo's future, saying he was looking to steer Kozmo away from its Internet-only business model and toward a "clicks and bricks" approach. But some analysts say Kozmo's business model only made sense in the context of a densely packed city such as New York. Vern Keenan, a financial analyst with Keenan Vision, said the service had a chance to work in only a few other cities around the world, such as London, Stockholm or Paris. "This seemed like a dumb idea from the beginning," Keenan said. "This grew out of a New York City frame of mind and it simply didn't translate."

Kozmo was started by a pair of twenty-something former college roommates. They got the idea for the company on a night when they craved videos and snacks and wished a business existed that would deliver it to them. Kozmo offered free delivery and charged competitive prices when it launched in New York. Though customers loved the service, the costs of delivery were high.

After co-founder and former Chief Executive Joseph Park stepped down, Burdo slashed Kozmo's overhead, instituted a delivery fee and oversaw several rounds of layoffs. The company also closed operations in San Diego and Houston. Burdo said last month that profitability was not far away. The company had reached a milestone last December when it reported profits at one of its operations for the first time. Kozmo later saw two more operations reach profitability as a result of brisk holiday business.

Online delivery companies have been among the most ravaged by the Internet shakeout. Kozmo's rival in New York, Urban fetch, shuttered its consumer operations last fall. Online grocers such as Webvan and Peapod have also struggled, and smaller operations such as Streamline.com and ShopLink.com have dosed down. Peapod was days away from closing last year when Dutch grocer Royal Ahold agreed to take a majority stake.

From the very beginning, supply chain management was to be a core competency of Kozmo. The promising dot.com would deliver your order everything from the latest video to electronics equipment in less than an hour. The technology was superior, the employees were enthusiastic, the customers were satisfied. But eventually, Kozmo ran out of time and money.

Questions:

6. What are the pros and cons of online shopping grocery chain?

In: Operations Management

Case Study - Kozmo, the online convenience store to shut down Read out the case study...

Case Study - Kozmo, the online convenience store to shut down

Read out the case study given below and answer the questions that follow.  

New York-based Kozmo, the 3-year-old company announced that it would stop delivery service in all nine cities it operates. New York-based Kozmo, which dispatched legions of orange-clad deliverymen to cart goods to customers' doors, is the latest dot.com dream to evaporate in the market downturn. Amazon com, venture capital firm Flatiron Partners and coffee giant Starbucks were among the investors in Kozmo.

Kozmo said in December that investors promised a total of $30 million in private funding. But last month the company learned that an investor had backed out of a $6 million commitment. Kozmo executives had been working on a merger deal with Los Angeles-based PDQuick, another online grocer, sources said. The deal collapsed when funding that was promised to PDQuick did not materialize. Sources said Kozmo still has money but decided to close now and liquidate to ensure that employees could receive a severance package.

Just last month, Kozmo Chief Executive Gerry Burdo was upbeat about Kozmo's future, saying he was looking to steer Kozmo away from its Internet-only business model and toward a "clicks and bricks" approach. But some analysts say Kozmo's business model only made sense in the context of a densely packed city such as New York. Vern Keenan, a financial analyst with Keenan Vision, said the service had a chance to work in only a few other cities around the world, such as London, Stockholm or Paris. "This seemed like a dumb idea from the beginning," Keenan said. "This grew out of a New York City frame of mind and it simply didn't translate."

Kozmo was started by a pair of twenty-something former college roommates. They got the idea for the company on a night when they craved videos and snacks and wished a business existed that would deliver it to them. Kozmo offered free delivery and charged competitive prices when it launched in New York. Though customers loved the service, the costs of delivery were high.

After co-founder and former Chief Executive Joseph Park stepped down, Burdo slashed Kozmo's overhead, instituted a delivery fee and oversaw several rounds of layoffs. The company also closed operations in San Diego and Houston. Burdo said last month that profitability was not far away. The company had reached a milestone last December when it reported profits at one of its operations for the first time. Kozmo later saw two more operations reach profitability as a result of brisk holiday business.

Online delivery companies have been among the most ravaged by the Internet shakeout. Kozmo's rival in New York, Urban fetch, shuttered its consumer operations last fall. Online grocers such as Webvan and Peapod have also struggled, and smaller operations such as Streamline.com and ShopLink.com have dosed down. Peapod was days away from closing last year when Dutch grocer Royal Ahold agreed to take a majority stake.

From the very beginning, supply chain management was to be a core competency of Kozmo. The promising dot.com would deliver your order everything from the latest video to electronics equipment in less than an hour. The technology was superior, the employees were enthusiastic, the customers were satisfied. But eventually, Kozmo ran out of time and money.

Questions:

4. What could have prevented the shutting down of KOZMO?

  

In: Operations Management

QSO 320 Mgmt Science Thru Spread Sheets Problem 5-13 Shipments: To Flow balance equations From Job...

QSO 320 Mgmt Science Thru Spread Sheets

Problem 5-13

Shipments: To Flow balance equations
From Job 1 Job 2 Job 3 Flow out Location Flow in Flow out Net flow Sign RHS
Central 0.0 Central 0 0 0 >= -3000
Rock 0.0 Rock 0 0 0 >= -4000
Acme 0.0 Acme 0 0 0 >= -6000
Flow in 0.0 0.0 0.0 Job 1 0 0.0 0 = 2500
Job 2 0 0.0 0 = 3750
Unit costs: To Job 3 0 0.0 0 = 4850
From Job 1 Job 2 Job 3
Central $9 $8 $7
Rock $7 $11 $6
Acme $4 $3 $12
Total cost = $0 <--- Minimize total transportation costs. Formula = SUMPRODUCT(B5:D7,B12:D14)
Note:
Once all values are entered in the appropriate shaded areas, go to the DATA tab on the Excel sheet ribbon, click on the Data Analysis Group, and then choose Solver. Click SOLVE to run Excel's Solver add-in to obtain the optimized solution. Note that if Solver is not on the DATA tab, refer to the Help file (Solver) for instructions or pages 569–571 of Balakrishnan (2013) Managerial Decision Modeling With Spreadsheets. For more information on entering information in Solver, refer to pages 44–49 of Balakrishnan (2013). To learn more about how to set up and solve linear programming (LP) problems, refer to pages 40–51 of Balakrishnan (2013).

For the changing variable cells (yellow shaded), the initial entries in the cells can be blank or any value of your choice based on the given constraints.

In: Operations Management

Innovation is a term that is frequently heard in the business world today. Respond to the...

Innovation is a term that is frequently heard in the business world today.

Respond to the following questions in 500 600 words.

Why is innovation so important to an organization?

What is the entrepreneurial mindset, and how does it relate to innovation?

What are the two types of internal innovations? How are they different from each other? Explain, using one example of each typ

In: Operations Management

Case Study - Kozmo, the online convenience store to shut down Read out the case study...

Case Study - Kozmo, the online convenience store to shut down

Read out the case study given below and answer the questions that follow.  

New York-based Kozmo, the 3-year-old company announced that it would stop delivery service in all nine cities it operates. New York-based Kozmo, which dispatched legions of orange-clad deliverymen to cart goods to customers' doors, is the latest dot.com dream to evaporate in the market downturn. Amazon com, venture capital firm Flatiron Partners and coffee giant Starbucks were among the investors in Kozmo.

Kozmo said in December that investors promised a total of $30 million in private funding. But last month the company learned that an investor had backed out of a $6 million commitment. Kozmo executives had been working on a merger deal with Los Angeles-based PDQuick, another online grocer, sources said. The deal collapsed when funding that was promised to PDQuick did not materialize. Sources said Kozmo still has money but decided to close now and liquidate to ensure that employees could receive a severance package.

Just last month, Kozmo Chief Executive Gerry Burdo was upbeat about Kozmo's future, saying he was looking to steer Kozmo away from its Internet-only business model and toward a "clicks and bricks" approach. But some analysts say Kozmo's business model only made sense in the context of a densely packed city such as New York. Vern Keenan, a financial analyst with Keenan Vision, said the service had a chance to work in only a few other cities around the world, such as London, Stockholm or Paris. "This seemed like a dumb idea from the beginning," Keenan said. "This grew out of a New York City frame of mind and it simply didn't translate."

Kozmo was started by a pair of twenty-something former college roommates. They got the idea for the company on a night when they craved videos and snacks and wished a business existed that would deliver it to them. Kozmo offered free delivery and charged competitive prices when it launched in New York. Though customers loved the service, the costs of delivery were high.

After co-founder and former Chief Executive Joseph Park stepped down, Burdo slashed Kozmo's overhead, instituted a delivery fee and oversaw several rounds of layoffs. The company also closed operations in San Diego and Houston. Burdo said last month that profitability was not far away. The company had reached a milestone last December when it reported profits at one of its operations for the first time. Kozmo later saw two more operations reach profitability as a result of brisk holiday business.

Online delivery companies have been among the most ravaged by the Internet shakeout. Kozmo's rival in New York, Urban fetch, shuttered its consumer operations last fall. Online grocers such as Webvan and Peapod have also struggled, and smaller operations such as Streamline.com and ShopLink.com have dosed down. Peapod was days away from closing last year when Dutch grocer Royal Ahold agreed to take a majority stake.

From the very beginning, supply chain management was to be a core competency of Kozmo. The promising dot.com would deliver your order everything from the latest video to electronics equipment in less than an hour. The technology was superior, the employees were enthusiastic, the customers were satisfied. But eventually, Kozmo ran out of time and money.

Questions:

  

2. Based on your reasoning, List the factors and reasons for Kozmo’s failure

  

In: Operations Management

Consider the following newsvendor environment with sales season in August (school year start). We are now...

Consider the following newsvendor environment with sales season in August (school year start). We are now in late-April and the best forecast for demand in August is that it is normally distributed with a mean of 4000 units and a standard deviation of 1000. We can buy now from a Chinese supplier at 6 $ per unit. Lead time for this order is 3 months, so an order placed now will be delivered before August. The item sells for 12 $ per unit. Inventory left over at end of August has to be discounted with a salvage value 2 $ per unit.

1.How many units do you buy now from China (only one order is placed)? If the Chinese supplier’s variable cost per unit is 50 cents, calculate the Chinese supplier’s profit for your order quantity. Do you expect to make more or less profit than the Chinese supplier? Explain.

2. Suppose in late June we will get to know the demand for August perfectly (our major customers place early orders); this is the demand forecast update. In late June, we can buy from a quicker but more expensive local supplier. The unit cost is 8 $ per unit and the lead time for orders is one month (so delivery is by late July, before the August selling season). In this case, how many units do you buy now from the Chinese supplier (knowing you can buy again later from the local supplier)? Explain your logic.

In: Operations Management

Many amendments in the Bill of Rights contain language that plays an everyday, yet a highly...

Many amendments in the Bill of Rights contain language that plays an everyday, yet a highly important role in our justice system. Describe and discuss the most significant of these particular rights, and their role in American criminal justice. You should address four (4) of such rights (4-6th, 8th amendments) contained in the Bill of Rights. Be sure your answer discusses the origin and notable exceptions to the exclusionary rule.

In: Operations Management

SE 20-1 Audio Visual Corporation Audio Visual Corporation (AVC) manufactures and sells visual display equipment. Headquartered...

SE 20-1 Audio Visual Corporation

Audio Visual Corporation (AVC) manufactures and sells visual display equipment. Headquartered in Boston, it has seven sales offices with nearby warehouses that carry its inventory of new equipment and replacement parts. AVC has a departmentalized manufacturing plant with assembly, maintenance, engineering, scheduling, and cost accounting departments as well as several component parts departments.
When management decided to upgrade its AIS, they installed a mainframe at headquarters and local area networks at each sales office. The IS manager and four systems analysts were hired shortly before they integrated the new computer and the existing AIS. The other IS employees have been with the company for years.
During its early years, AVC had a centralized decision-making organization. Top management formulated all plans and directed all operations. As the company expanded, decision making was decentralized, although data processing was highly centralized. Departments coordinated their plans with the corporate office but had the freedom to develop their own sales programs. However, information problems developed, and the IS department was asked to improve the company’s information processing system once the new equipment was installed.
Before acquiring the new computer, the systems analysts studied the existing AIS, identified its weaknesses, and designed applications to solve them. In the 18 months since the new equipment was acquired, the following applications were redesigned or developed: payroll, production scheduling, financial statement preparation, customer billing, raw materials usage, and finished goods inventory. The departments affected by the changes were rarely consulted until the system was operational.
Recently the president stated, “The systems people are doing a good job, and I have complete confidence in their work. I talk to them frequently, and they have encountered no difficulties in doing their work. We paid a lot of money for the new equipment, and the systems people certainly cost enough, but the new equipment and new IS staff should solve all our problems.”
Two additional conversations regarding the new AIS took place.
BILL TAYLOR, IS MANAGER, AND JERRY ADAMS, PLANT MANAGER
JERRY: Bill, you’re trying to run my plant for me. I’m the manager, and you keep interfering. I wish you would mind your own business.
BILL: You’ve got a job to do, and so do I. As we analyzed the information needed for production scheduling and by top management, we saw where we could improve the workflow. Now that the system is operational, you can’t reroute work and change procedures, because that would destroy the value of the information we’re processing. And while I’m on that subject, we can’t trust the information we’re getting from production. The documents we receive from production contain a lot of errors.
JERRY: I’m responsible for the efficient operation of production. I’m the best judge of production efficiency. The system you installed reduced my workforce and increased the workload of the remaining employees, but it hasn’t improved anything. In fact, it might explain the high error rate in the documents.
BILL: This new computer cost a lot of money, and I’m trying to make sure the company gets its money’s worth.
JERRY ADAMS, PLANT MANAGER AND TERRY WILLIAMS, HUMAN RESOURCES MANAGER
JERRY: My best production assistant, the one I’m grooming to be a supervisor, told me he was thinking of quitting. When I asked why, he said he didn’t enjoy the work anymore. He’s not the only one who is unhappy. The supervisors and department heads no longer have a voice in establishing production schedules. This new computer system took away the contribution we made to company planning and direction. We’re going back to when top management made all the decisions. I have more production problems now than I ever had. It boils down to my management team’s lack of interest. I know the problem is in my area, but I thought you could help me.
TERRY: I have no recommendations, but I’ve had similar complaints from purchasing and shipping. We should explore your concerns during tomorrow’s plant management meeting.
ANSWER THE FOLLOWING QUESTIONS:
1.
Identify the problems the new computer system created, and discuss what caused them.
2.
How could AVC have avoided the problems? How can they prevent them in the future?

In: Operations Management

Describe several career development programs that would be useful for individuals planning on making a career...

Describe several career development programs that would be useful for individuals planning on making a career or job change. Suppose they have worked in one field for 7-10 years (e.g., engineering) and have decided to switch jobs (e.g., to consulting). How should they prepare for this change?

In: Operations Management