Jeb and Josh are lifelong friends. Jeb is a wealthy wind-power tycoon, and Josh is an active outdoor enthusiast. They have decided to open a sporting goods store, Arcadia Sports, using Jeb’s considerable financial resources and Josh’s extensive knowledge of all things outdoors. In addition to selling sporting goods, the store will provide whitewater rafting, rock-climbing, and camping excursions. Jeb will not participate in the day-to-day operations of the store or in the excursions. Both Jeb and Josh have agreed to split the profits down the middle. On the first whitewater rafting excursion, a customer named Jane falls off the raft and suffers a severe concussion and permanent damage to her spine. Meanwhile, Jeb’s wind farms are shut down by government regulators, and he goes bankrupt, leaving extensive personal creditors looking to collect. Specifically, the following critical elements must be addressed: A. Identify the main types of business entities and discuss the advantages and disadvantages of each. B. Recommend a specific business entity for Arcadia Sports and include your reasoning. C. Based on the characteristics of each type of business entity, determine the type under which Jeb and Josh would be personally liable to Jane for damages. D. Based on each type of business entity, analyze the ability of Jeb’s personal creditors to seize the assets and/or profits of Arcadia Sports.
This class is Business Law I
In: Operations Management
1. Compare the types/levels of need assessment. In what ways can each of these be applied to a training plan? Which method of needs assessment would you use to identify training needs? Why?
Organizational assessment.
Occupational (task) assessment
Individual assessment
In: Operations Management
For this exercise, round all regression parameters to three
decimal places.
Characteristics of traffic flow include density D, which
is the number of cars per mile, and average speed s in
miles per hour. Traffic system engineers have investigated several
methods for relating density to average speed. One study†
considered traffic flow in the north tube of the Lincoln Tunnel and
fitted an exponential function to observed data. Those data are
partially presented in the table below.
| Speed s | Density D |
|---|---|
| 32 | 34 |
| 25 | 53 |
| 20 | 74 |
| 17 | 88 |
| 13 | 102 |
(a) Make an approximate exponential model of D as a
function of s.
D(s) =
(b) Express using functional notation the density of traffic flow
when the average speed is 24 miles per hour.
D
Calculate that density. (Round your answer to the nearest whole
number.)
cars/mi
(c) If average speed increases by 1 mile per hour, what can be said
about density? (Round your answer to one decimal places.)
The density D decreases by %.
In: Operations Management
What is the difference between the demographic segment and the sociocultural segment in the list of general environment factors that impact the strategy and performance of a firm? Provide specific examples to support your discussion.
In: Operations Management
o assess your ability to use the knowledge from Chapter 6 readings to complete this activity
Action plan
Think about all the communication opportunities
provided by social media. How can an organization use social media
like Facebook, Twitter, and the like to promote ethical behavior
and communicate the organization's values? What are the advantages
and disadvantages of those media?
In: Operations Management
Is planning the merchandise assortment in a store an art or a science? Why do you think this?
In: Operations Management
In: Operations Management
Chapter 11
In: Operations Management
Discuss the need to document disciplinary actions and to provide the right of appeal
In: Operations Management
In project management, I am designing a project proposal for a job center for the homeless. I'm trying to figure out the in-scope and out-of-scope items that would go into the proposal.
In: Operations Management
Exponential Smoothing
With the following information, identify which alpha value would you use to forecast july-dic using exponential smoothing and why? Choose between 0.1, 0.5 or 0.8
|
Month June |
Actual 16 |
|
July |
12 |
|
August |
16 |
|
Sept. |
15 |
|
Oct. |
11 |
|
Nov. |
19 |
|
Dec. |
21 |
In: Operations Management
In: Operations Management
Differentiate between the “discipline without punishment” approach and other alternatives to progressive discipline.
In: Operations Management
Currently a company that designs Web sites has five customers in its backlog. The time since the order arrived, processing time, and promised due dates are given in the following table. The customers are ready to be scheduled today, which is the start of day
190.
|
Customer |
Time Since Order Arrived (days ago) |
Processing Time (days) |
Due Date (days from now) |
|
Upper AA |
88 |
12 |
50 |
|
Upper BB |
66 |
10 |
66 |
|
Upper CC |
33 |
24 |
58 |
|
Upper DD |
22 |
32 |
100 |
|
Upper EE |
10 |
20 |
26 |
a. Develop separate schedules by using the FCFS and EDD rules. Compare the schedules on the basis of average flow time and average days past due.
Using the FCFS (first come, first served) decision rule for sequencing the customers, the order is:
|
Sequence |
1 |
2 |
3 |
4 |
5 |
|
Customer |
E |
A |
B |
C |
D |
Using the EDD (earliest due date) decision rule for sequencing the customers, the order is (to resolve a tie, use the order in which the jobs were received):
|
Sequence |
1 |
2 |
3 |
4 |
5 |
|
Customer |
E |
A |
C |
B |
D |
The average flow time and average days past due for each option are: (Enter your responses rounded to one decimal place.)
|
Rule |
Average Flow Time |
Average Days Past Due |
|
EDD |
||
|
FCFS |
In: Operations Management
Compare the weaknesses and strengths of healthcare in the U.S. to the systems of other countries’ and suggest new avenues for reform.
In: Operations Management