Better Fitness, Inc. (BFI), manufactures exercise equipment at its plant in Freeport, Long Island. It recently designed two universal weight machines for the home exercise market. Both machines use BFI-patented technology that provides the user with an extremely wide range of motion capability for each type of exercise performed. Until now, such capabilities have been available only on expensive weight machines used primarily by physical therapists. At a recent trade show, demonstrations of the machines resulted in significant dealer interest. In fact, the number of orders that BFI received at the trade show far exceeded its manufacturing capabilities for the current production period. As a result, management decided to begin production of the two machines. The two machines, which BFI named the BodyPlus 100 and the BodyPlus 200, require different amounts of resources to produce.
The BodyPlus 100 consists of a frame unit, a press station, and a pec-dec station. Each frame produced uses 4 hours of machining and welding time and 2 hours of painting and finishing time. Each press station requires 2 hours of machining and welding time and 1 hour of painting and finishing time, and each pec-dec station uses 2 hours of machining and welding time and 2 hours of painting and finishing time. In addition, 2 hours are spent assembling, testing, and packaging each BodyPlus 100.
The BodyPlus 200 consists of a frame unit, a press station, a pec-dec station, and a leg- press station. Each frame produced uses 5 hours of machining and welding time and 4 hours of painting and finishing time. Each press station requires 3 hours of machining and welding time and 2 hours of painting and finishing time, each pec-dec station uses 2 hours of machining and welding time and 2 hours of painting and finishing time, and each leg-press station requires 2 hours of machining and welding time and 2 hours of painting and finishing time. In addition, 2 hours are spent assembling, testing, and packaging each BodyPlus 200.
For the next production period, management estimates that 500 hours of machining and welding time; 350 hours of painting and finishing time; and 120 hours of assembly, testing, and packaging time will be available.
The net retail price of the BodyPlus 100 and the BodyPlus 200 are $350 and $445, respectively. Although some flexibility may be available to BFI because of the unique capabilities of the new machines. Authorized BFI dealers can purchase machines for 70% of the suggested retail price. BFI’s president believes that the unique capabilities of the BodyPlus 200 can help position BFI as one of the leaders in high-end exercise equipment. Consequently, she states that the number of units of the BodyPlus 200 produced must be at least 35% of the total production of BodyPlus 100.
Analyze the production problem at Better Fitness, Inc., and prepare a report for BFI’s president presenting your findings and recommendations. The report should include the following items:
The recommended number of BodyPlus 100 and BodyPlus 200 machines (In other words, find the optimal level of production for BodyPlus 100 and BodyPlus 200 using linear programming model).
Objective function: Total profit
BodyPlus 200 requirement constraint
Non-negativity constraint
Time Constraint:
Machining & Welding
Painting & Finishing
Assembly, Test, and Packaging
The effect on profits of the requirement that the number of units of the BodyPlus 200 produced must be at least 25% of the total production of BodyPlus 100. where efforts should be expended in order to increase contribution to profits
Include a copy of your linear programming model
In: Operations Management
1. What other strategies might Ethney adopt to work with the oil
company men as an active member of the team? What are the pros and
cons of each strategy? ?
2. What does it mean to be “true to yourself” ? Is being true to
yourself more important than achieving personal career success in a
male dominated company? Is it okay to enable the continuation of a
“unhealthy” work environment for woman? Why do you think the way
you do about this?
In: Operations Management
Explain the importance of selecting the proper planning horizon in forecasting.
In: Operations Management
Please give answers labeled with the corresponding number/letter. Such as 1. The answer, A. The answer, B. The answer and so on. Thank you for the help!!
Chapter 5 also introduces the strategic implications of various "Industry Life-Cycles". Please address the following questions with ORIGINAL thought (not from the book... not from a classmate [current or previous] ... not from the internet... )
1. Can you give an example of a firm that benefited from being a “first mover” in their industry? ... (Briefly explain)
A. How about an example of a firm that was a "late-mover" (or perhaps even better, a "fast-follower"?) ... (Briefly explain)
B. What is an example of a product or industry in the growth stage of its life cycle? How long do you think the growth stage will last?
C. What is an industry that is in the maturity phase of the life cycle? How intense is the competition?
D. What is an example of an industry in the decline stage? What strategies are the current firms following?
E. Can you think of a firm that has completed a successful (or unsuccessful) turnaround?
In: Operations Management
The key challenges associated with the use of social media by organizations when communicating with stakeholders? Give some examples
In: Operations Management
Write a paper (1,000-1,250 words) that addresses the impact diversity has on health care, and the changes that occur to support diverse populations. Include the following:
Define diversity. Explain how diverse demographics influence the health care industry. Consider culture, gender, religion and spirituality, and social and economic status.
Define the meaning of cultural competence and the role it plays in organizational behavior.
What is meant by the term "diversity management"? How have changes in U.S. demographics impacted the health care industry, diversity of customers, and diversity within the organization itself?
How does understanding diversity support awareness, empathy, and understanding with a community? How does it support a national and global community?
In: Operations Management
Provide practical recommendations for marketing managers as to how they can apply the service-dominant logic (SDL) in their organisations.
In: Operations Management
You want to start a business and perceive an opportunity in
serving the rapidly growing segment of the US population over 50.
The service you create must appeal to aging baby boomers 50 years
old or older who are still at work (not yet retired) in
professional or high-level corporate careers. They work an average
of 60 to 80 hours per week and make a minimum $100,000 per year.
They like to look good, be social, and stay healthy. Time is a big
issue for them. The rules for your business idea are as follows:
any idea is acceptable at this stage; nothing should be ruled out
as silly, impractical, or even antisocial; also, improvements on
existing services can be considered. Describe in detail your best
business idea for this customer set.
Develop a response that includes examples and evidence to support
your ideas, and which clearly communicates the required message to
your audience. Organize your response in a clear and logical manner
as appropriate for the genre of writing. Use well-structured
sentences, audience-appropriate language, and correct conventions
of standard American English.
In: Operations Management
Briggs went over the ground rules and emphasized that from now on meetings would start on time and that she expected to be notified in advance if someone was going to be absent.” Setting ground rules is one method of reducing or avoiding conflict in teams. Conflict is an inherent and persistent organisational phenomenon. It cannot be eradicated but it can be managed. Discuss how you would manage conflict in a project environment
In: Operations Management
Festive Floral is gearing up for online carnation sales this Mother’s Day. They specialize in selling organic extra-large red and pink carnations. The price is $0.7 per stem, which includes free one-day shipping to the customer. Festive Floral pre-orders carnations directly from a certified organic farm at the cost of $0.15 per stem. The order is made prior to the growing season and flowers are grown accordingly, so the pre-order quantity cannot be changed. However, if Festive Floral runs out of pre-ordered carnations, they can always pick up more immediately from a local wholesaler that carries carnations of the same quality, at the price of $0.5 per stem. Historical demand for the past 10 years are given below.
Year: Red, Pink; 2008: 4008, 3288; 2009: 3948, 3648; 2010: 4092, 3636; 2011: 3984, 3684; 2012: 3996, 3792; 2013: 3888, 3720; 2014: 4128, 3564; 2015: 4104, 3744; 2016: 4380, 3828; 2017: 4392, 3744
For all questions below, please round your answers to two decimal points. Show your work by explaining the steps of your calculation.
(a) Using exponential smoothing with parameter ?? = 0.9, what is your forecast for red carnations in 2018? What is the MAD of your forecast?
(b) Based on the forecast above, what is the optimal number of red carnations to pre-order from the farm?
(c) Repeat Parts (a) and (b) for pink carnations.
In: Operations Management
AIRLINE HOPES TO CUT COSTS, REGAIN MARKET SHARE
Air Canada unveiled its long awaited discount carrier yesterday, but warned that customers shouldn’t expect fares to immediately be lower than those already offered by Air Canada. Steve Smith, president and chief executive officer of Zip Air Inc., said the new airline is being created to cut Air Canada’s costs – not to reduce fares. ‘Right now, the price is already low, particularly in this market,’ he said, adding that prices could fall over time as the new airline reduced expenses.
Observers see the wholly owned subsidiary as a way for Air Canada to lower labor costs and win back market share it has lost in recent years to Calgary-based WestJet Airlines Ltd. Mr. Smith said a new business model is emerging in the airline market – as it has in retailing – where lower-cost, no-frills service becomes the norm. He said the full-service model for short flights is ‘going the way of the dinosaur.’ Zip is aimed at meeting that challenge in the low end of the market, he said.
Zip’s costs will be at least 20 per cent lower than those at Air Canada’s comparable mainline flights, in part because Zip’s employees will be making less money than their counterparts at Air Canada. Mr. Smith said wages will be competitive with Zip’s competitors in the low-cost market. ‘For the employees, they have to understand that they will be working for zip,’ he joked. Pamela Sachs, president of Air Canada component of the Canadian Union of Public Employees, said the union will mount a legal challenge to Air Canada’s attempts to pay so-called B-scale wages to Zip employees. ‘Air Canada gives zip by zapping its employees. They are hurting the very people who have worked so hard for them and for so long,’ she said.
Other cost-cutting measures at Zip include offering snacks instead of meals, providing no in-flight entertainment and operating only one kind of plane. There will also be less room between seats – 32 inches or 33 inches – although the seats will still have more leg room than the smallest seats at WestJet. The reduction, along with the elimination of business-class seats, will allow Zip to add 17 seats to the 100 seats in the Boeing 737-200. (WestJet has 120 seats in its Boeing 737-200s). The company will operate independently of Air Canada, although it will buy maintenance services from its parent, as well as using the larger company’s pilots.
Based upon your own work experience, or upon your studies of organizations, answer the following with respect to the case.
1. (a) Do you think the organization has realized the importance of human capital? Justify your answer
(b) As an employee what are the sources through
which you can add value to the organization. (CLO: 1)
In: Operations Management
Analyze its operations management activities of Coca Cola company
A written report must include the following
A i. Layout of the facilities of coca cola company?
A ii. Strategies of Coca cola company
A iii. Coca Cola company’s Performance Review
You need to review on the performance of the company (Related with the previous part and review based on any topics in Operations Management) + supporting details (cite and quote references)
In: Operations Management
Capital-intensive industries and businesses tend to utilize which type of pricing methodology? A. Target pricing B. Return on investment C. Markup pricing D. Prestige pricing
In: Operations Management
question 10
Disicc briefly level strategy of production plan4
question 16
describe the responsibilities of the Tactical hierarchy of
operations management
In: Operations Management
An employee is fired for writing a letter to the newspaper complaining about the employer’s merchandise return policies and general treatment of customers.
a. Legal or illegal?
b. Why?
An employee is fired for telephoning the health department about the employer’s food storage and preparation practices.
a. Legal or illegal?
b. Why?
In: Operations Management