The insurance company where you work is planning to raise all premiums for health-care coverage. Your boss has asked you to read a draft of her letter to customers annousing the new, higher rates. The first two paragraphs discuss some exciting medical advances and the expanded coverage offered by your company. Only in the final paragraph do customers learn that they will have to pay more for coverage starting next year. What are the ethical implications of this draft? What changes would you suggest (in detail), and why?

Discuss the limitations of the economic value creation framework. Give an example and compare this framework to explanations that focus only on cost minimization.

Handi Inc., a cell phone manufacturer, procures a standard display from LCD Inc. via an options contract. At the start of quarter 1 (Q1), Handi pays LCD $4.00 per option. At that time, Handi’s forecast of demand in Q2 is normally distributed with a mean of 30,000 and a standard deviation of 9,000. At the start of Q2, Handi learns exact demand for Q2 and then exercises options at the fee of $2.70 per option, (for every exercised option, LCD delivers one display to Handi). Assume Handi starts Q2 with no display inventory and displays owned at the end of Q2 are worthless. Should Handi’s demand in Q2 be larger than the number of options held, Handi purchases additional displays on the spot market for $8.00 per unit. For example, suppose Handi purchases 37,000 options at the start of Q1, but at the start of Q2 Handi realizes that demand will be 40,000 units. Then Handi exercises all of its options and purchases 6,000 additional units on the spot market. If, on the other hand, Handi realizes demand is only 35,000 units, then Handi merely exercises 35,000 options.

a. Suppose Handi purchases 37,000 options. What is the expected number of options that Handi will exercise?

b. Suppose Handi purchases 37,000 options. What is the expected number of displays Handi will buy on the spot market?

c. Suppose Handi purchases 37,000 options. What is Handi’s expected total procurement cost?

d. How many options should Handi purchase from LCD?

e. What is Handi’s expected total procurement cost given the number of purchased options from part d?

​A) Thomas L.​ Friedman, The New York Times Foreign Affairs​ Columnist, in his book The World is​ Flat, quotes Yossi​ Sheffi, MIT professor of engineering​ systems, as saying​ “Making Stuff,​ that’s easy. Supply​ chain, that is really​ hard.” Agree or disagree with this​ statement, supporting your argument with examples from this class.  

Explain two reasons why knowledge of basic Excel functions is crucial for success in your workplace or businesses within your field of study (Business management). Justify your reasons by providing two examples of how this knowledge could be applied in your chosen career field. In replies to peers, discuss commonalities and differences you see in how this knowledge is applied across career fields and explain how lack of working knowledge in this basic software program could negatively impact the business.

Response in 200 words

QUESTION 1

Jason is applying for a job. A pre-employment assessment indicates that he is generally helpful, considerate, cooperative, and trusting of others. Jason has a high level of…

QUESTION 7

1. Julio is generally happy and content with his job. He enjoys his salary and gets along well with his coworkers. He is not energetic or enthusiastic about his work though. Julio is showing high _____________ and low _______________.

   	A.	Organizational commitment; job satisfaction
   	B.	Organizational citizenship; employee engagement
   	C.	Employee engagement; job satisfaction
   	D.	Job satisfaction; employee engagement

QUESTION 8

1. Suppose you are looking to hire engineers. ___________________ refer to “can do” or “competence”-related factors that influence their performance. ________________ refer to the “will do” or “character” factors that influence their performance.

   	A.	Conscientiousness and integrity; knowledge and skill in engineering
   	B.	Conscientiousness and integrity; extraversion and agreeableness
   	C.	Knowledge and skill in engineering; conscientiousness and integrity
   	D.	Knowledge and skill in engineering; intelligence

QUESTION 10

Charles stays at his job because he feels obligated. He would feel guilty about leaving, with all that his coworkers and supervisor have done for him. Which type of commitment is this demonstrating?

QUESTION 11

1. A teacher has discovered over a period of time that, even though her school has treated her well and she has a positive view of the school and the organization’s mission, she does not really like to teach and the task of teaching is not really for her. This is most likely to result in low levels of…

   	A.	Affective commitment
   	B.	Continuance commitment
   	C.	Normative commitment
   	D.	Job satisfaction

3. How is the purchasing and receiving function supposed to work for the Food and Beverage category – i.e., how is it designed to operate? What steps are different from the other categories? Again, a process flow map is helpful along with a specific example of something they might buy (i.e., salmon from Alaska or oranges from CA). Be sure to include the relationship with Safeway and how that works.

​B) McDonald’s has been promoting that it is serving its quarter pounder using fresh beef​ (after 4 decades of using frozen​ patties). This was done to bring back diners who have been lost to​ competitors; however franchise owners had expressed concerns about food​ safety, costs, storage . . . Examine this change from an operations management perspective explaining the types of issues operations managers likely had to address for it to be successful​ – and why you think it may​ (or may​ not) be worth it.

imagine you have graduated from UCD, you have been hired by a business as a Manager over a specific function. You have six direct reports assigned to you. Today is your first day on the job. Your Manager has asked to meet with you late today – she has stated that in your meeting late this afternoon she would like to have you review your plan with her on how you will lead and manage your department. You know that getting off to a strong start is very important. You have only briefly met your direct reports, but have gained a strong sense that they are eager to get to know you and provide direction going forward. You know that their last manager was as one of them stated to you, “a real disaster!”

Consider the following questions and use them as you build the plan you will review with your manager later today:

• What will you do today – day one on the job?
• What will you do over the next 30 days?
• What will you do over the next 6 months?
• How will you assure that your manager, your directs, your peers are aligned and supportive of your approach?
• What management approach will you take to ‘enable’ strong team success?
• How will you measure your managerial success over the first 6 months?

I want report about the Ethics and Social Responsibility?

Refer to the gasoline sales time series data in the given table.

1. Compute four-week and five-week moving averages for the time series. Round your answers to two decimal places.
   

   Week	Sales	4-Week Moving Average	5-Week Moving Average
   1	17
   2	22
   3	19
   4	23
   5	19
   6	16
   7	21
   8	18
   9	22
   10	21
   11	14
   12	22

2. Compute the MSE for the four-week and five-week moving average forecasts. Round your intermediate calculations and final answers to two decimal places.
   
   MSE for four-week moving average =
   
   MSE for five-week moving average =
   
3. What appears to be the best number of weeks of past data (three, four, or five) to use in the moving average computation? Recall that MSE for the three-week moving average is 11.54.
   
   (three/four/five)