Questions
You are the newly appointed health and safety representative for your work group. The organisation is...

You are the newly appointed health and safety representative for your work group. The
organisation is a large department store and wanting to ensure its health and safety compliance.
You have just completed an investigation and have discovered the following

If workers raised issues, they were generally ignored, what are the factors, action to be taken, the person responsible, additional factors, date and KPI's ??

In: Operations Management

Which, if any, of the following are exclusive rights enjoyed by authors of visual works of...

Which, if any, of the following are exclusive rights enjoyed by authors of visual works of art? Select all applicable answers.

a. right to publicly display

b. right to publicly perform

c. right to reproduce

d. right of attribution

e. right of first sale

f. right to prevent mutilation

In: Operations Management

Project yourself as an entrepreneur of a small scale business in your country: Business Plan format...


Project yourself as an entrepreneur of a small scale business in your country:


Business Plan format required.

A title page,

(a) General Business Description
• Mission Statements
• Company goals and objectives
(b) Business Philosophy
• Target Customer
• Industry Description: Is it a growth industry? What long term or Short term changes do you foresee in the industry? How will your company take advantage of it?
• Company strengths and core competencies: What factors will make the company succeed? What do you think your major competitive strengths will be? What background experience, skills, and strengths do you personally bring to this new venture?
• Legal form of ownership: Sole proprietor, Partnership, Corporation, Limited liability corporation (LLC)? Why have you selected this form?
(c) Products and Services
• Describe in depth your products or services. (Technical specifications)
• What factors will give you competitive advantages or disadvantages? Examples include level of quality or unique or proprietary features.
(d) Marketing Plan
• How the company will get to the customers and the coherence of the marketing tool adopted with the overall strategy?
• State 4 Ps of marketing
(e) Operations and developmental Plan
• How product will be produced or service provided
• The location of the production facilities
• The dimension and capacity
• The internal layout The cost of the investment needed (i.e. Plants, equipment, buildings)
• The cost of the investment needed (i.e. Plants, equipment, buildings)
(f) Management Plan
• Describes the firm’s organizational structure and the backgrounds and qualifications of key personnel
(g) Financial Plan
• Sources and Uses of Capital
• Balance Sheet
• The income statement
• The cash flow statement should present data on a monthly or seasonal basis
• Breakeven analysis
• Financial Ratios
• A sensitivity analysis is needed, showing what would happen in at least three scenarios: ? Worst case scenario ? Probable scenario ? Best case scenario
(h) Prepare Executive Summary of the Plan

In: Operations Management

Discuss and explain the importance and methods for preparing a financial plan including the five steps...

Discuss and explain the importance and methods for preparing a financial plan including the five steps in creating a cash budget and the fundamental principles involved in managing the “Big Three” of cash management: accounts receivable, accounts payable, and inventory. Provide an example.

In: Operations Management

Critically discuss the role of emotional capital in shaping the human, social and intellectual capital

Critically discuss the role of emotional capital in shaping the human, social and intellectual capital

In: Operations Management

How social entrepreneurs encouraged by goverment ? Or what goverment have done to encourage social entrepreneurs...

How social entrepreneurs encouraged by goverment ? Or what goverment have done to encourage social entrepreneurs ?

(250Words)

Thanks

In: Operations Management

Consider the following situation as if you were Ian. Ian was a senior analyst at a...

Consider the following situation as if you were Ian.

Ian was a senior analyst at a major hotel company. Although Ian worked mostly in corporate headquarters, he would occasionally travel to the field where he met with front-line employees and learned what was on their minds.

On a trip to Portland, Ian had the chance to speak with two people working at the front desk about what it was like to work at the hotel. Daniel, the younger of the two had joined the staff recently; Ellen, the other employee (and Daniel’s supervisor), had been with the company for almost 15 years. Both employees seemed particularly interested in talking with Ian because they rarely got a chance to talk directly to anyone from headquarters.

As the three discussed changes in the hospitality industry, Ellen and Daniel complained about their company’s aggressive cost control initiatives, spearheaded by the charismatic but frugal CEO, whose policies were occasionally unpopular. After a few more minutes of conversation, Ellen casually said, “The CEO is so tight with a buck, I wonder if he is Jewish.”

As a Jewish person, Ian did not know how to react. He had never actually experienced anything like this before, especially in a professional setting. Ian’s instinct was not to be combative or hostile, but he felt a bit like a deer caught in the headlights. Daniel looked a little surprised at his supervisor’s remark, but, laughing, he quickly changed the subject. Smiling, Ian made an excuse to end or discussion and walk away.

The next day Ian woke up still bothered by Ellen’s remark. While checking out, he saw Daniel at the front desk. Ian mentioned to him that he may want to tell his supervisor to watch her remarks about other peoples’ ethnicity, to which Daniel replied, “I know what you mean because I am Puerto Rican, but I think that she meant it as a joke.” Ian could see that Daniel just wanted to smooth the issue over.

On the ride to the airport, Ian kept thinking about what he might do. Should he report Ellen to Human Resources? The company had a process in place for such matters, but he was worried. Ian did not know who he was dealing with; maybe Ellen would retaliate if he said something, especially since she would know who filed the complaint. Plus, Ian was not sure what the consequences would be – he didn’t want to get her fired. Ian only wanted Ellen to know how offensive the comments were.

As a team, consider what steps Ian should take.

What are the concerns facing Ian?

In: Operations Management

write Issues, Rules, Analysis and conclusion on First National Maintenance Corp Vs NLRB

write Issues, Rules, Analysis and conclusion on First National Maintenance Corp Vs NLRB

In: Operations Management

For decentralized decision making to be successful, it should be predicated on a belief that decision-making...

For decentralized decision making to be successful, it should be predicated on a belief that decision-making authority should be pushed down to the lowest organizational level capable of making timely, informed, competent decisions. Do you agree or disagree? Why? Cite an example that helps defend your position

In: Operations Management

What are the issues brought about by the concept of "labor law" in an international distribution...

What are the issues brought about by the concept of "labor law" in an international distribution agreement? How do importers and exports work together?

In: Operations Management

In Florida, real estate agents refer to homes having a swimming pool as pool homes. In...

In Florida, real estate agents refer to homes having a swimming pool as pool homes. In this case, Sunshine Pools Inc. markets and installs pools throughout the state of Florida. The company wishes to estimate the percentage of a pool's cost that can be recouped by a buyer when he or she sells the home. For instance, if a homeowner buys a pool for which the current purchase price is $30,000 and then sells the home in the current real estate market for $20,000 more than the homeowner would get if the home did not have a pool, the homeowner has recouped (20,000/30,000) × 100% = 66.67% of the pool's cost.

To make this estimate, the company randomly selects 80 homes from all of the homes sold in a Florida city (over the last six months) having a size between 2,000 and 3,500 square feet. For each sampled home, the following data are collected: Price - selling price (in thousands of dollars); Size - square footage; Bathrooms - the number of bathrooms; Rating - a niceness rating (expressed as an integer from 1 to 7 and assigned by a real estate agent); and Pool - whether or not the home has a pool (1 = yes, 0 = no). The data are given in the file FloridaPoolHome-Spring2018.

4.         Compute the mean selling prices of the homes having a pool and the homes that do not have a pool. Assuming that the average current purchase price of the pools in the sample is $32,500, estimate the percentage of a pool's cost that can be recouped when the home is sold. What concerns do you have about the reliability of the estimate?

Data Set:

Home Price Size Bathrooms Rating Pool
1 260.9 2666 2.5 7 0
2 337.3 3418 3.5 6 1
3 268.4 2945 2.0 5 1
4 242.2 2942 2.5 3 1
5 255.2 2798 3.0 3 1
6 205.7 2210 2.5 2 0
7 249.5 2209 2.0 7 0
8 193.6 2465 2.5 1 0
9 242.7 2955 2.0 4 1
10 244.5 2722 2.5 5 0
11 184.2 2590 2.5 1 0
12 325.7 3138 3.5 7 1
13 266.1 2713 2.0 7 0
14 166.0 2284 2.5 2 0
15 330.7 3140 3.5 6 1
16 289.1 3205 2.5 3 1
17 268.8 2721 2.5 6 1
18 276.7 3245 2.5 2 1
19 222.4 2464 3.0 3 1
20 241.5 2993 2.5 1 0
21 307.9 2647 3.5 6 1
22 223.5 2670 2.5 4 0
23 231.1 2895 2.5 3 0
24 216.5 2643 2.5 3 0
25 205.5 2915 2.0 1 0
26 258.3 2800 3.5 2 1
27 227.6 2557 2.5 3 1
28 255.4 2805 2.0 3 1
29 235.7 2878 2.5 4 0
30 285.1 2795 3.0 7 1
31 284.8 2748 2.5 7 1
32 193.7 2256 2.5 2 0
33 247.5 2659 2.5 2 1
34 274.8 3241 3.5 4 1
35 264.4 3166 3.0 3 1
36 204.1 2466 2.0 4 0
37 273.9 2945 2.5 5 1
38 238.5 2727 3.0 1 1
39 274.4 3141 4.0 4 1
40 259.6 2552 2.0 7 1
41 285.6 2761 3.0 6 1
42 216.1 2880 2.5 2 0
43 261.3 3426 3.0 1 1
44 236.4 2895 2.5 2 1
45 267.5 2726 3.0 7 0
46 220.2 2930 2.5 2 0
47 300.1 3013 2.5 6 1
48 260.0 2675 2.0 6 0
49 277.5 2874 3.5 6 1
50 274.9 2765 2.5 4 1
51 259.8 3020 3.5 2 1
52 235.0 2887 2.5 1 1
53 191.4 2032 2.0 3 0
54 228.5 2698 2.5 4 0
55 266.6 2847 3.0 2 1
56 233.0 2639 3.0 3 0
57 343.4 3431 4.0 5 1
58 334.0 3485 3.5 5 1
59 289.7 2991 2.5 6 1
60 228.4 2482 2.5 2 0
61 233.4 2712 2.5 1 1
62 275.7 3103 2.5 2 1
63 290.8 3124 2.5 3 1
64 230.8 2906 2.5 2 0
65 310.1 3398 4.0 4 1
66 247.9 3028 3.0 4 0
67 249.9 2761 2.0 5 0
68 220.5 2842 3.0 3 0
69 226.2 2666 2.5 6 0
70 313.7 2744 2.5 7 1
71 210.1 2508 2.5 4 0
72 244.9 2480 2.5 5 0
73 235.8 2986 2.5 4 0
74 263.2 2753 2.5 7 0
75 280.2 2522 2.5 6 1
76 290.8 2808 2.5 7 1
77 235.4 2616 2.5 3 0
78 190.3 2603 2.5 2 0
79 234.4 2804 2.5 4 0
80 238.7 2851 2.5 5 0

In: Operations Management

In Florida, real estate agents refer to homes having a swimming pool as pool homes. In...

In Florida, real estate agents refer to homes having a swimming pool as pool homes. In this case, Sunshine Pools Inc. markets and installs pools throughout the state of Florida. The company wishes to estimate the percentage of a pool's cost that can be recouped by a buyer when he or she sells the home. For instance, if a homeowner buys a pool for which the current purchase price is $30,000 and then sells the home in the current real estate market for $20,000 more than the homeowner would get if the home did not have a pool, the homeowner has recouped (20,000/30,000) × 100% = 66.67% of the pool's cost.

To make this estimate, the company randomly selects 80 homes from all of the homes sold in a Florida city (over the last six months) having a size between 2,000 and 3,500 square feet. For each sampled home, the following data are collected: Price - selling price (in thousands of dollars); Size - square footage; Bathrooms - the number of bathrooms; Rating - a niceness rating (expressed as an integer from 1 to 7 and assigned by a real estate agent); and Pool - whether or not the home has a pool (1 = yes, 0 = no).

1. Your results in (4) show different mean selling prices for homes with a pool and homes that do not have a pool. Can we conclude that the mean selling price for homes without a pool is significantly lower than the mean selling price for homes with a pool.

2. What about differences in average price among homes with different number of bathrooms? Can we conclude that the differences are significant? If so, which types of bedrooms have significant mean differences?

3. The president of the company told a potential buyer that on average, homes in the city sell for more than 258,000. Is there evidence to support this claim?

4. (a) Is a home having a pool independent of the number of bathrooms?

(b) What proportion of homes with a pool have 2, 2.5, 3, 3.5, and 4 bathrooms?

5. The president of the company would like to estimate the percentage of homes with a pool for the entire city using the sample data he has. At the 95% confidence level, provide an interval estimate, with an explanation, for the president.

6. Create a correlation matrix of the following metrics: Price, Size, Bathrooms, and Rating. Comment on the results.

Data Set:

Home Price Size Bathrooms Rating Pool
1 260.9 2666 2.5 7 0
2 337.3 3418 3.5 6 1
3 268.4 2945 2.0 5 1
4 242.2 2942 2.5 3 1
5 255.2 2798 3.0 3 1
6 205.7 2210 2.5 2 0
7 249.5 2209 2.0 7 0
8 193.6 2465 2.5 1 0
9 242.7 2955 2.0 4 1
10 244.5 2722 2.5 5 0
11 184.2 2590 2.5 1 0
12 325.7 3138 3.5 7 1
13 266.1 2713 2.0 7 0
14 166.0 2284 2.5 2 0
15 330.7 3140 3.5 6 1
16 289.1 3205 2.5 3 1
17 268.8 2721 2.5 6 1
18 276.7 3245 2.5 2 1
19 222.4 2464 3.0 3 1
20 241.5 2993 2.5 1 0
21 307.9 2647 3.5 6 1
22 223.5 2670 2.5 4 0
23 231.1 2895 2.5 3 0
24 216.5 2643 2.5 3 0
25 205.5 2915 2.0 1 0
26 258.3 2800 3.5 2 1
27 227.6 2557 2.5 3 1
28 255.4 2805 2.0 3 1
29 235.7 2878 2.5 4 0
30 285.1 2795 3.0 7 1
31 284.8 2748 2.5 7 1
32 193.7 2256 2.5 2 0
33 247.5 2659 2.5 2 1
34 274.8 3241 3.5 4 1
35 264.4 3166 3.0 3 1
36 204.1 2466 2.0 4 0
37 273.9 2945 2.5 5 1
38 238.5 2727 3.0 1 1
39 274.4 3141 4.0 4 1
40 259.6 2552 2.0 7 1
41 285.6 2761 3.0 6 1
42 216.1 2880 2.5 2 0
43 261.3 3426 3.0 1 1
44 236.4 2895 2.5 2 1
45 267.5 2726 3.0 7 0
46 220.2 2930 2.5 2 0
47 300.1 3013 2.5 6 1
48 260.0 2675 2.0 6 0
49 277.5 2874 3.5 6 1
50 274.9 2765 2.5 4 1
51 259.8 3020 3.5 2 1
52 235.0 2887 2.5 1 1
53 191.4 2032 2.0 3 0
54 228.5 2698 2.5 4 0
55 266.6 2847 3.0 2 1
56 233.0 2639 3.0 3 0
57 343.4 3431 4.0 5 1
58 334.0 3485 3.5 5 1
59 289.7 2991 2.5 6 1
60 228.4 2482 2.5 2 0
61 233.4 2712 2.5 1 1
62 275.7 3103 2.5 2 1
63 290.8 3124 2.5 3 1
64 230.8 2906 2.5 2 0
65 310.1 3398 4.0 4 1
66 247.9 3028 3.0 4 0
67 249.9 2761 2.0 5 0
68 220.5 2842 3.0 3 0
69 226.2 2666 2.5 6 0
70 313.7 2744 2.5 7 1
71 210.1 2508 2.5 4 0
72 244.9 2480 2.5 5 0
73 235.8 2986 2.5 4 0
74 263.2 2753 2.5 7 0
75 280.2 2522 2.5 6 1
76 290.8 2808 2.5 7 1
77 235.4 2616 2.5 3 0
78 190.3 2603 2.5 2 0
79 234.4 2804 2.5 4 0
80 238.7 2851 2.5 5 0

In: Operations Management

Explain how technology has changed the learning environment. Why are MOOCS a promising way to deliver...

  1. Explain how technology has changed the learning environment.
  2. Why are MOOCS a promising way to deliver learning? What are their limitations?

In: Operations Management

How is Management Information System is being used in industry

How is Management Information System is being used in industry

In: Operations Management

Project control is a critical success factor for a project’s completion. What are some issues that...

Project control is a critical success factor for a project’s completion. What are some issues that may surface for what reasons?

In: Operations Management