Manufacturing company has 3 products: skatebords, snowboards, and kick-scooters.
They only produce boards for intermediate level riders.
They sell product in their own retail stores and offer customization to customers who are willing to pay a price premium.
1. Business Strategy? Why?
2.Appropriate production process? Why?
3. Identify all planning activities components of MPC framework and explain how the organization would plan, schedule, and control flow of material?
4. Thoroughly explain the MPC framework and how the comapsny's apporach and techniques support the business stratefy and prodcution process?
In: Operations Management
A major advantage of the corporation relative to other forms of business organization is
In: Operations Management
Part 1: Identifying the Customer and Problem (This Information is about Louis Vuitton)
Describe a primary decision maker in your target segment: who they are, what they like, how they make buying decisions. Describe the primary problem(s) Louis Vuitton, product or service will help them solve.
Part 2: Factors Influencing Customer Decisions
Provide a brief profile of your target segment using at least three of the following categories: (For Louis Vuitton)
Part 3: Reaching the Customer
Based on this profile, identify 2–3 marketing strategies or tactics you believe would be effective at reaching Louis Vuitton target segment, and briefly explain why they are a good fit.
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Thought Question
Write a response to the following Thought Question using complete sentences. You should write a minimum of three (3) sentences for your answer. The full question is worth 3 points. Of these, ½ point is for grammar, spelling, and punctuation. The other 2½ points are for appropriateness and thoughtfulness in your response.
Think again about Type I and Type II Errors. Imagine you are making a decision for your company regarding employee work satisfaction. You would like to see it go up based on the decision you make. What would the consequences of a Type I Error be in this situation? How about the consequences of a Type II Error? Which do you think would be worse in this situation?
In: Operations Management
Some people argue that happiness is a personality disposition, such that people vary in terms of their baseline of happiness. Happiness of lottery winners, for example, increases as soon as they win the lottery, but after a while returns to their baseline – that is, they are no more happier now, than they were before winning the lottery. Your task is to: (1) develop a happiness scale (i.e., write 5 to 7 items to measure happiness and tell me how you will measure it), and (2) validate the scale. Describe in detail what you will do (steps you will engage in) to develop the scale and to validate the scale. You need to educate me every step of the way, as if you are explaining this process to a friend or a sibling who hasn’t taken this class.
In: Operations Management
the effect of social networking on entrepreneurial marketing.
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what is the higher purpose, stakeholder integration, conscious leadership and conscious culture for Costco Company?
Please do not just copy and paste I need you to paraphrase what you will copy from internet.
Thank you,
In: Operations Management
example of alternate means of dispute resolution used by Emaar Properties PJSC
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1.) Examine Starbucks Company Code of ethics “Ethics & Compliance” by separating the statements that relate to deontological norms versus those that relate to teleological norms. If you find norms that combine both, you will create a third list and briefly explain why or how this norm can be considered both deontological and teleological.
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Discuss the concept of environmental sustainability and explain its dimensions. From your perspective, discuss possible effects of operating with environmental sustainability on competitiveness. Explain those factors that might intervene to affect the role of environmental sustainability on marketing performance.
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In a Newsvendor Model setting, with random demand that follows a
Normal distribution, the following information is available to you.
During the last season, the cost of underage was equal to the cost
of overage. The optimal ordering decision (to maximize the expected
profit) was 25 units. However, this season, the cost of underage
increased by 30%. (No other change.) As the result, the optimal
ordering decision became 27 units. Using the aforementioned
information, what is the mean and standard deviation of the demand?
Note: Please refer the z-table wherever you deem
necessary.
In: Operations Management
Susan Harrington continued to drum her fingers on her desk. She had a real problem and wasn’t sure what to do next. She had a lot of confidence in Jack Reed, but she suspected she was about the last person in the office who did. Perhaps if she ran through the entire story again in her mind she would see the solution.
Susan had been distribution manager for Clarkston Industries for almost twenty years. An early brush with the law and a short stay in prison had made her realize the importance of honesty and hard work. Henry Clarkston had given her a chance despite her record, and Susan had made the most of it. She now was one of the most respected managers in the company. Few people knew her background.
Susan had hired Jack Reed fresh out of prison six months ago. Susan understood how Jack felt when Jack tried to explain his past and asked for another chance. Susan decided to give him that chance just as Henry Clarkston had given her one. Jack eagerly accepted a job on the loading docks and could soon load a truck as fast as anyone in the crew.
Things had gone well at first. Everyone seemed to like Jack, and he made several new friends. Susan had been vaguely disturbed about two months ago, however, when another dock worker reported his wallet missing. She confronted Jack about this and was reassured when Jack understood her concern and earnestly but calmly asserted his innocence. Susan was especially relieved when the wallet was found a few days later.
The events of last week, however, had caused serious trouble. First, a new personnel clerk had come across records about Jack’s past while updating employee files. Assuming that the information was common knowledge, the clerk had mentioned to several employees what a good thing it was to give ex-convicts like Jack a chance. The next day, someone in bookkeeping discovered some money missing from petty cash. Another worker claimed to have seen Jack in the area around the office strongbox, which was open during working hours, earlier that same day.
Most people assumed Jack was the thief. Even the worker whose wallet had been misplaced suggested that perhaps Jack had indeed stolen it but had returned it when questioned. Several employees had approached Susan and requested that Jack be fired. Meanwhile, when Susan had discussed the problem with Jack, Jack had been defensive and sullen and said little about the petty-cash situation other than to deny stealing the money.
To her dismay, Susan found that rethinking the story did little to solve his problem. Should she fire Jack? The evidence, of course, was purely circumstantial, yet everybody else seemed to see things quite clearly. Susan feared that if she did not fire Jack, she would lose everyone’s trust and that some people might even begin to question her own motives.
Case Questions
Q1: Explain the events in this case in terms of learning, perception, and attribution (18 marks, 3 marks for each point)?
Q2: If you were to decide about this case, would you fire Jack or give him another chance? Why?
Q3: Does personality play a role in this case?
Note : Answers should be in Details and in your own words and in Word Format
In: Operations Management
Your firm uses a periodic review system for all SKUs classified, using ABC analysis, as B or C items. Further, it uses a continuous review system for all SKUs classified as A items. The demand for a specific SKU, currently classified as an A item, has been dropping. You have been asked to evaluate the impact of moving the item from continuous review to periodic review. Assume your firm operates 52 weeks per year; the item's current characteristics are:
Demand (D) = 13,520 units/year
Ordering cost (S) =$125.00/order
Holding cost (H) = $3.50 unit/year
Lead time (L) = 7 weeks
Cycle-service level = 99%
Demand is normally distributed, with a standard deviation of weekly demand of 77 units.
a. Calculate the item's EOQ.
EOQ= ____ units. (Enter your response rounded to the nearest whole number.)
b. Use the EOQ to define the parameters of an appropriate continuous review and periodic review system for this item. Refer to the standard normal table when necessary.
Under a continuous review system, order ??? units whenever the inventory level drops to ??? units. (Enter your responses rounded to the nearest whole number.)
Under a periodic review system, order up to ??? units every ??? weeks. (Enter your responses rounded to the nearest whole number.)
c. Which system requires more safety stock and by how much?
The ___ review system requires ____ more units of safety stock than the ____ system.
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Critically describe the impact of a good marketing strategy on an Organisations performance?
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