Questions
1. You are estimating costs for installing undersea cable in the Persian Gulf (aka the Arabian...

1. You are estimating costs for installing undersea cable in the Persian Gulf (aka the Arabian Gulf). You have the following information concerning installation costs:

• The material cost per kilometer for cable is $100,000.

• You are installing 100 kilometers of cable.

• The cost per kilometer for installation depends on the sea conditions (sea state). Sea State Cost/kilometer I $15,000 II $75,000

a. What would be the estimated cost of the project if you knew with certainty that, during the time you were installing the cable, you would encounter sea state I 75% of the time and sea state II 25% of the time?

b. Run a Crystal Ball calculation of the total estimated cost of the project, assuming the probability of sea state 1 is normally distributed with a mean of 25% and a standard deviation of 5%. Only sea states I and II are possible. Post your result, including your cost forecast.

c. What is your mean expected cost?

d. What estimated cost provides you 95% assurance that your actual cost will be less than that amount?

In: Operations Management

Q2. What are the 9 steps of Conducting Design Reviews (in the Detail Design and Development...

Q2. What are the 9 steps of Conducting Design Reviews (in the Detail Design and Development phase)?

List and describe these steps. Give an example from a system of your organization.

In: Operations Management

Each PART should be 1–2 paragraphs in length. PART 1: IDENTIFYING THE CUSTOMER AND PROBLEM Choose...

Each PART should be 1–2 paragraphs in length. PART 1: IDENTIFYING THE CUSTOMER AND PROBLEM Choose a target segment for a Louis Vuitton product or service. Describe the typical primary decision maker in this segment: who they are, what they like, how they make buying decisions. Describe the primary problem(s) your organization, product or service will help them solve and what needs or wants your product/service will fulfill. PART 2: FACTORS INFLUENCING CUSTOMER DECISIONS Provide a brief profile of the target segment you selected using specific variables from at least three of the following categories: Geographic characteristics: e.g., location, region, population size or climate. Demographic characteristics: e.g., age, gender, family size, family life stage, income, occupation Social and Psychological characteristics: e.g., culture, social class, lifestyle, motivation, personality, attitudes, reference groups, beliefs. Behavioral: e.g., buying situation, level of involvement, frequency of use, brand loyalty. B2B/organizational buying considerations: e.g., individual factors, organizational factors, business environment factors, type of business PART 3: REACHING THE CUSTOMER Based on this profile, identify 2 to 3 marketing communication or promotional tactics you believe would be effective at reaching this target segment and briefly explain why they are a good fit.

In: Operations Management

In a narrative format, discuss Auto Zone from a strategic perspective. Information concerning recent changes in...

In a narrative format, discuss Auto Zone from a strategic perspective. Information concerning recent changes in the firm is readily available online and should be accessed. Strategic issues should be discussed in “real time.”

In: Operations Management

Manufacturing company has 3 products: skatebords, snowboards, and kick-scooters. They only produce boards for intermediate level...

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

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...

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)

  • Geographic characteristics: e.g., location, region, population size or climate.
  • Personal and demographic characteristics: e.g., age, gender, family size, family life stage, income, personality.
  • Social and Psychological characteristics: e.g., culture, social class, lifestyle, motivation, attitudes, reference groups, beliefs.
  • Situational characteristics: e.g., buying situation, level of involvement, market offerings, frequency of use, brand loyalty.
  • B2B/organizational buying considerations: e.g., individual factors, organizational factors, business environment factors, types of complexity

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.

In: Operations Management

Thought Question Write a response to the following Thought Question using complete sentences. You should write...

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...

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.

the effect of social networking on entrepreneurial marketing.

In: Operations Management

what is the higher purpose, stakeholder integration, conscious leadership and conscious culture for Costco Company? Please...

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

example of alternate means of dispute resolution used by Emaar Properties PJSC

In: Operations Management

1.) Examine Starbucks Company Code of ethics “Ethics & Compliance” by separating the statements that relate...

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.

In: Operations Management

Discuss the concept of environmental sustainability and explain its dimensions. From your perspective, discuss possible effects...

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.

In: Operations Management

In a Newsvendor Model setting, with random demand that follows a Normal distribution, the following information...

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