86). How do changes in the original scope impact the budget and do they always? If they don't always please explain why.
In: Operations Management
What is a responsibility assignment matrix (RAM)? Describe how you might use a responsibility assignment matrix to manage the resources assigned to your project.
The assignment is to answer the question provided above in essay form. This is to be in narrative form. Bullet points should not to be used. The paper should be at least 1.5 - 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and utilizing at least one outside scholarly or professional source related to project management. This does not mean blogs or websites. This source should be a published article in a scholarly journal (Journal of Project Management) or a professional journal (such as PMI's Project Management Journal). This source should provide substance and not just be mentioned briefly to fulfill this criteria. The textbook should also be utilized. Do not use quotes. Do not insert excess line spacing. APA formatting and citation should be used.
In: Operations Management
The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows:
|
January |
1,400 |
May |
2,300 |
|
February |
1,700 |
June |
2,200 |
|
March |
1,800 |
July |
1,700 |
|
April |
1,800 |
August |
1,700 |
Her operations manager is considering a new plan, which begins in January with
200 units of inventory on hand. Stockout cost of lost sales is
$125 per unit. Inventory holding cost is
$20 per unit per month. Ignore any idle-time costs. The plan is called plan A.
Plan A: Vary the workforce level to execute a strategy that produces the quantity demanded in the prior month. The December demand and rate of production are both
1,600 units per month. The cost of hiring additional workers is $50 per unit. The cost of laying off workers is
$80 per unit. Evaluate this plan.
(Enter all responses as whole numbers.)
Note: Both hiring and layoff costs are incurred in the month of the change. For example, going from
1,600 in January to
1,400 in February incurs a cost of layoff for
200 units in February.
|
Period |
Month |
Demand |
Production |
Hire (Units) |
Layoff (Units) |
Ending Inventory |
Stockouts (Units) |
|
0 |
December |
1,600 |
1,600 |
200 |
|||
|
1 |
January |
1,400 |
1,600 |
||||
|
2 |
February |
1,700 |
1,400 |
||||
|
3 |
March |
1,800 |
1,700 |
||||
|
4 |
April |
1,800 |
1,800 |
||||
|
5 |
May |
2,300 |
1,800 |
||||
|
6 |
June |
2,200 |
2,300 |
||||
|
7 |
July |
1,700 |
2,200 |
||||
|
8 |
August |
1,700 |
1,700 |
In: Operations Management
Peanut butter is in the maturity or decline stage of the product life cycle. Does that explain why Skippy introduced a reduced-fat version of its peanut butter? What other variations on older products have been introduced in the last few years? Do you see any other products that are in the decline stage that could be renewed through change (newspapers?).
In: Operations Management
Projective techniques are diagnostic tools to uncover the true opinion and feelings of consumers when they are unwilling to or otherwise unavailable to express themselves on theses matters. (pp.300-302).
Pick a brand. Employ two of projective techniques to attempt to identify sources of its brand equity. Which measures work better do you think? Why?
In: Operations Management
In: Operations Management
1.According to Fuller and Shikaloff, employees are more engaged if
a.they are sufficiently (financially) rewarded for their
work
b.they are better educated
c.they work for a manager who is working at least as much as they
are
d.management will just get out of their way so they can get their
work done
2.High performers typically
a.place a high value on their own development and see it as a sign
that your company is a good place to build a career
b.avoid working for a company without a robust training
program
c.find ways to build additional skillsets in the people they work
with
d.are demanding (in terms of higher pay/greater benefits)
3.When you delegate, you should see your role as
a.a micromanager
b.a monitor and a coach
c.hedgehog
d.an enabler
In: Operations Management
In: Operations Management
Answers should be between 50-150 words and MUST be in your own words. You must understand that plagiarism is an offence and will be seriously dealt with as per college policies and may result in a failing grade.
Assignment
Read Part 2 of the CSR Implementation Guide located on Blackboard (Course Content tab/Additional Material) and answer the questions below.
Background
Amanda is the owner of CatsCafé located in Timmins, Ontario. In addition to the owner, CatsCafé employs 16 individuals (4 full-time (2 are managers) and 12 part-time). The café serves coffee, tea, soups, sandwiches and desserts. It has a small eat-in area for roughly 30 patrons. Amanda has heard about corporate social responsibility and that it is important but she doesn’t know much about it so she has come to you for advice.
Questions
In: Operations Management
QC.56 Thirst, an IBC company, wants to serve their customers within
a consistent, reasonable amount of time. On each day during their
second week of business (5 days total) they randomly timed the wait
time of 12 different customers (per day). The table below contains
the average wait time (in seconds) for each of these days as well
as the minimum and maximum wait times for each day:
| Day | Avg Wait | Min Wait | Max Wait |
| 1 | 69 | 63 | 73 |
| 2 | 76 | 69 | 83 |
| 3 | 73 | 68 | 81 |
| 4 | 79 | 71 | 88 |
| 5 | 71 | 61 | 78 |
Using this information (above) and the table at the top of this
problem (Factors for Control Charts), set up an x-bar chart and an
r-chart.
Hint: Answer the following questions to help you gather the
necessary data to complete these problems.
What is the upper control limit for the x-bar
chart? (Display your answer to two decimal
places.
What is the lower control limit for the x-bar
chart? (Display your answer to two decimal
places.)
What is the upper control limit for the r-chart?
(Display your answer to two decimal places.)
What is the lower control limit for the r-chart?
(Display your answer to two decimal places.)
In: Operations Management
Why is developing a network often considered the most valuable source of information about jobs?
In: Operations Management
PM.62 The US government has recently contracted with Boeing to
build its fleet of airborne tankers. The project has been laid out
with durations (in weeks), predecessors, and costs
included:
| Activity | Normal Time (weeks) | Crashed Time (weeks) | Normal Cost | Crashed Cost | Predecessor(s) |
|---|---|---|---|---|---|
| A | 2 | 1 | $1,350 | $1,950 | - |
| B | 7 | 5 | $1,250 | $2,610 | - |
| C | 5 | 4 | $800 | $1,300 | B |
| D | 3 | 2 | $2,100 | $3,000 | A |
| E | 4 | 3 | $630 | $1,150 | B |
| F | 2 | 1 | $560 | $1,350 | E |
| G | 8 | 6 | $550 | $740 | C, D, F |
What is the critical path of the project?
|
A-D-G |
||
|
B-C-G |
||
|
B-E-F-G |
If you wanted to shorten the overall duration of the project, which activity would you crash first?
|
G |
||
|
B |
||
|
C |
||
|
E |
What would be the weekly crashing cost of the activity you selected in the previous question? (Display your answer to two decimal places.)
Crash the project by 3 weeks. What is the total cost of crashing the project (just the additional cost, not total project cost)? (Display your answer to two decimal places.)
In: Operations Management
Do you think that informational interviewing can be an effective networking tool? Why or why not? Do you plan on conducting informational interviews? Why or why not? Who would you interview? Why would you interview them? Please Answer in 6-8 Sentences
In: Operations Management
In: Operations Management
According to Epictetus, “We have two ears and one mouth, so we should listen twice as much as we speak.” What do you think this means to you personally, and more importantly, what do you think this quote means in the corporate world?
In: Operations Management