Questions
In general, which of the following attribute combinations makes a product the most difficult to manage...

In general, which of the following attribute combinations makes a product the most difficult to manage from a supply chain perspective?

Long lead times and constant, predictable demand

Short lead times and unpredictable demand

Short lead times and constant, predictable demand

Long lead times and unpredictable demand

In: Operations Management

Blair & Rosen, Inc. (B&R) is a brokerage firm that specializes in investment portfolios designed to...

Blair & Rosen, Inc. (B&R) is a brokerage firm that specializes in investment portfolios designed to meet the specific risk tolerances of its clients. A client who contacted B&R this past week has a maximum of $50,000 to invest. B&R's investment advisor decides to recommend a portfolio consisting of two investment funds: an Internet fund and a Blue Chip fund. The Internet fund has a projected annual return of 12%, while the Blue Chip fund has a projected annual return of 9%. The investment advisor requires that at most $35,000 of the client's funds should be invested in the Internet fund. B&R services include a risk rating for each investment alternative. The Internet fund, which is the more risky of the two investment alternatives, has a risk rating of 6 per thousand dollars invested. The Blue Chip fund has a risk rating of 4 per thousand dollars invested. For example, if $10,000 is invested in each of the two investment funds, B&R's risk rating for the portfolio would be 6(10) + 4(10) = 100. Finally, B&R developed a questionnaire to measure each client's risk tolerance. Based on the responses, each client is classified as a conservative, moderate, or aggressive investor. Suppose that the questionnaire results classified the current client as a moderate investor. B&R recommends that a client who is a moderate investor limit his or her portfolio to a maximum risk rating of 240.

(a) Formulate a linear programming model to find the best investment strategy for this client.
Let I = Internet fund investment in thousands
B = Blue Chip fund investment in thousands
If required, round your answers to two decimal places. If the constant is "1" it must be entered in the box. If your answer is zero enter “0”.
- Select your answer -MaxMinItem 1 I + B
s.t.
I + B - Select your answer -≤≥=Item 6 Available investment funds
I + B - Select your answer -≤≥=Item 10 Maximum investment in the internet fund
I + B - Select your answer -≤≥=Item 14 Maximum risk for a moderate investor
I, B - Select your answer -≤≥=Item 16
(b) Build a spreadsheet model and solve the problem using Solver. What is the recommended investment portfolio for this client?
Internet Fund = $
Blue Chip Fund = $
What is the annual return for the portfolio?
$
(c) Suppose that a second client with $50,000 to invest has been classified as an aggressive investor. B&R recommends that the maximum portfolio risk rating for an aggressive investor is 320. What is the recommended investment portfolio for this aggressive investor?
Internet Fund = $
Blue Chip Fund = $
Annual Return = $
(d) Suppose that a third client with $50,000 to invest has been classified as a conservative investor. B&R recommends that the maximum portfolio risk rating for a conservative investor is 160. Develop the recommended investment portfolio for the conservative investor. If your answer is zero enter “0”.
Internet Fund = $
Blue Chip Fund = $
Annual Return = $

In: Operations Management

Production how is it affected by the Gap dividing into two companies. need specific details,

Production how is it affected by the Gap dividing into two companies. need specific details,

In: Operations Management

Describe an example of a corporate restructuring and its impact on the business.

Describe an example of a corporate restructuring and its impact on the business.

In: Operations Management

You have been recently appointed as team leader in the research and development unit of an...

You have been recently appointed as team leader in the research and development unit of an important pharmaceutical company. The team is composed of seven team members. The team members have the similar educational and social background. They are usually feeling that every member of the team has the exactly the same idea with each other. In the long run, this situation will have a negative effect on their team performance. In addition, The team you are heading has been stuck for several months in the development of a new drug due to some delay in the clinical trial process. The deadline set by the managing director of the company that is approaching. After a few weeks, you noticed social loafing in the team as some members systematically put less effort in the development of the new drug, blaming the delay in the trial process as solely responsible for this situation and never taking the initiative to resolve the impasse with creative solutions. The top performers of your team have privately complained to you about this situation, which is causing significant stress due to overload. They are even threatening to leave the company. You must decide how to manage this critical situation.

quesitons:

1. What is social loafing? What would you change about the way the team functions to ensure more active participation of all team members?
2. What is group thinking? How you can solve the group thinking problem to improve team effectiveness?

In: Operations Management

For this case, I would like for you to provide your opinion on three concepts covered...

For this case, I would like for you to provide your opinion on three concepts covered in Chapter 14 (benefits). I would also like for you to support your opinion with logic, rationale, and/or accompanying information from outside sources (be sure to cite your sources).

  1. Social Security – Why is social security as it currently exists experiencing a crisis? What should be done to fix it? How do you think the plan should change?
  2. Healthcare – explain how healthcare has been affected since the passing of the Affordable Care Act. What do you think about this law? Is it good or bad? Support your opinion with data.
  3. Retirement – what do you think about employer-sponsored retirement programs? If you owned a firm, what retirement benefits (if any) would you provide your employees? What type of plans are better or worse?

In: Operations Management

Briefly describe a work-related or personal project that has been completed. What specific project control steps/methods...

Briefly describe a work-related or personal project that has been completed. What specific project control steps/methods were/could have been applied to enhance the probability of success? Consider the steps of The Project Control Cycle and various methods for monitoring performance.

In: Operations Management

Describe a familiar project. Ideally, this will be a work-related project that has already been completed....

Describe a familiar project. Ideally, this will be a work-related project that has already been completed. Provide examples of events that took place in each of the four stages of the product life cycle (see below). Select two of the following five components: Client interest (level of customer enthusiasm and concern); Project stake (amount of investment); Resources (commitment of financial, human, and technical resources); Creativity (the amount of innovation required); and Uncertainty (the degree of risk associated with the project). In your description of the stages of this project, explain how the intensity of the two components has changed. For example, Uncertainty is highest in the Conceptualization stage and lowest as the project approaches the Termination stage.

Organize your post as follows. Include the headings: Conceptualization stage Planning stage Execution stage Termination stage

In: Operations Management

What is an Ethical Decision Making (EDM)? How does the four-step namely, 1) Recognition/Moral awareness, 2)...

What is an Ethical Decision Making (EDM)?

How does the four-step namely, 1) Recognition/Moral awareness, 2) Judgement, 3) Intent, 4) Behaviour, are affected by person, issue and situation?

In: Operations Management

The management of Arturo’s Water Park is developing an advertising campaign to communicate the intended message,...

The management of Arturo’s Water Park is developing an advertising campaign to communicate the intended message, “Your kids will love you more if you take them to Arturo’s Water Park.” (a) For a print ad in this advertising campaign, suggest some wording for the copy in the ad. Then, describe your suggestions for the artwork in the ad. Which of these two parts of the ad – the copy or the artwork – would likely be more effective in communicating the intended message? Use course material to justify your reasoning. (b) For the print ad you described in Part (a), describe a pretest that would be appropriate. Explain why pretesting is important in advertising. (c) If Arturo’s management uses market segmentation to target this print ad, what is the segmentation variable it should use? Explain your reasoning. (d) Design an experiment to test whether or not this print ad is effective. Describe the test group and the control group of the experiment, and describe the time course of events. What is the dependent variable in your experiment? Explain why both the test group and the control group are necessary for this experiment to have validity.

In: Operations Management

what is image pricing and what kind of service does it offer? in 300 words

what is image pricing and what kind of service does it offer? in 300 words

In: Operations Management

what is value based pricing and what type of service does it offer? in 200 words

what is value based pricing and what type of service does it offer? in 200 words

In: Operations Management

what is time based pricing and what type of service does it offer? in 200 words

what is time based pricing and what type of service does it offer? in 200 words

In: Operations Management

1- what we do To Establish Global Services? 2- what is Managing Global Service Operations? 3-...

1- what we do To Establish Global Services?

2- what is Managing Global Service Operations?

3- Some Global Strategies and explain for each?

4- what is Mission and give examples of company mission?

5- what is Sample Mission and give examples of sample mission?

In: Operations Management

Project Title: Development of pre-employment selection testing for entry-level Retail Salespersons in retail clothing stores. Scope...

Project Title: Development of pre-employment selection testing for entry-level Retail Salespersons in retail clothing stores.

Scope of Project: The entry-level Retail Salesperson position is responsible for selling the popular “Big Turtle” clothing and merchandise at their retail stores. There are approximately 50 retail stores located throughout the Southeast region, employing over 600 Retail Salespersons. Currently, turnover for this title is averaging 50% annually. Big Turtle Clothiers, Inc. also anticipates opening 10 new stores per year for the next 5 years. The starting pay scale for Retail Salespersons ranges from $8.50 to $10.00 per hour, depending on the location, with health benefits provided after 6 months of employment. Retail Salespersons also receive a 15% discount on all “Big Turtle” clothing and merchandise.

At present, there is no formal pre-employment selection testing for this job title. Candidates are screened using application forms developed by the individual stores, with preference given to candidates with prior retail or customer-service work experience. It is desirable that the same testing process for Retail Salespersons be used throughout all of our current and future stores. It is also very important that the selection system be legally defensible against charges of discrimination. Big Turtle Clothiers is also concerned about problems with shrinkage in their retail stores.

Information Requested: Please prepare a( 4 page written proposal )with the following information, along with rationales for each decision:

Initial task-KSA linkage, based on O*NET job analysis information [note: this is part of a job analysis]
Job analysis process proposed—method(s) of job analysis chosen, number and job titles of SMEs required, and geographic locations of SMEs
Preliminary recommendations of selection tests (e.g., paper-and-pencil ability or personality tests, interviews, simulations, etc.) for use in this job title, linked to O*NET tasks/KSAs, and evidence of reliability/validity
Validation strategy recommended for each test—criterion-related (predictive or concurrent) and/or content validation, with number of individuals required for the study
Job performance criteria, if a criterion-related strategy is chosen (e.g., absenteeism, performance ratings, etc.)
How the tests assess the job-relevant KSAs
Test administration order and method for combining test information (e.g., multiple hurdle, multiple regression, etc.)
                        
Important Content:
Professionalism (headings, page numbers)   SEM Definitions         
Tasks Job Analysis        
    Named Technical Details    
    Defined Rationale        
    Rationalized Link back to O*Net     
KSAs (WRCs)      Test Combination        
    Named Provided        
    Defined Described     
    Linked to Tasks Rationale         
Performance Measures    Validation Strategy        
    Named Validity estimates    
    Company translated to individual Reliability Provided    
    Defined Reliability Discussed    
    Rationalized Correct type of strategy for each test
    Shrinkage problem addressed Adverse Impact        
Tests Mentioned in passing
    Named Described/Deeply Considered
    Linked to KSAs/WRCs                        

In: Operations Management