Questions
What are some ways that a company could fail at trying to become a glocalized business?

What are some ways that a company could fail at trying to become a glocalized business?

In: Operations Management

Discuss the four evolving company orientations. Which orientation is considered most successful and why?

Discuss the four evolving company orientations. Which orientation is considered most successful and why?

In: Operations Management

Consider the following network of a project consisting of 7 activities with a scheduled project duration...

Consider the following network of a project consisting of 7 activities with a scheduled project duration of 36 weeks. Direct cost $12,000 with 36 weeks Indirect cost of $ 150 per week and delay damages of $ 500 per week for project duration beyond 30 weeks, and no incentive plan. the following table of time-cost data. Suppose the project should be completed in 30 weeks, what is the total project cost?



Activity

Predecessor.

Normal Time (weeks)

Crash Time (weeks)

Normal cost ($)

Crash cost ($)

A

-

4

3

21,300

22,000

B

A

8

6

2,000

3,500

C

A

8

6

3,750

4,250

D

B,C

12

10

50,000

50,400

E

B,C

6

4

500

900

F

E

6

4

500

2,100

G

D,F

12

11

3,000

3,600




In: Operations Management

Describe System Development Life Cycle (SDLC) and how it is used.

Describe System Development Life Cycle (SDLC) and how it is used.

In: Operations Management

MARGI sells different types of wine. Customers place orders to the most popular “Summer Wine” at...

MARGI sells different types of wine. Customers place orders to the most popular “Summer Wine” at a rate of 125 bottles a month on the average. The store buys this wine from WSCo at $5 a bottle, and a required lead-time of 1.5 weeks. Ordering cost per order for MARGI is $14, and annual holding rate is 22%. Management is worried about daily variations of the demand, thus has decided to increase the EOQ order size by a lot.

  1. Would management improve the cycle service level by doing so?
    1. Yes. The average inventory increases.
    2. Yes. If the order size increases, the safety stock also increases.
    3. Yes. The ratio of [Order size]/[Demand] increases.
    4. No. Order size does not affect the service level.
  2. MARGI used to work with 50% service level before. How much safety stock MARGI held?
    1. I need to know the standard deviation, in order to answer.
    2. No safety stock at all
    3. 50% of the order size
    4. None of the above

To apply the cycle-service-level policy MARGI estimated the monthly standard deviation of demand at 53.5 bottles, where one month is considered 4 weeks.

  1. Which statement is correct about the re-order point.
    1. The re-order point can be calculated by (1.5/4)*52)*125+sqrt((1.5/4)*52)*53.5
    2. Please provide the service level required SL, and then I will follow with norm.inv(SL,125,53.5)
    3. Please provide the service level required SL, and then I will follow with norm.inv(SL,125*(4/1.5),53.5*sqrt(4/1.5))
    4. Please provide the service level required SL, and then I will follow with
      norm.inv(SL,125(1.5/4),53.5*sqrt(1.5/4))
  2. Management allows holding cost of safety stock to amount to 25% of the annual holding cost of the EOQ policy. What cycle service level can MARGI achieve with this amount of money? Calculate and show your work.

In: Operations Management

discuss crowdfunding on platforms: What features of the services incorporate virality? What are some of the...

discuss crowdfunding on platforms:

What features of the services incorporate virality?

What are some of the ways these services take advantage of network externalities?

In: Operations Management

Why do we compare means instead of individual scores? for comparing average SAT test scores across...

Why do we compare means instead of individual scores? for comparing average SAT test scores across the various bachelors batches which test would we use and why?

In: Operations Management

Decision Variables S T Minimize 1.8S + 2.20T Subject to: Potassium 5S + 8T >= 200...

Decision Variables S
T
Minimize 1.8S + 2.20T
Subject to:
Potassium 5S + 8T >= 200 gr
Carbohydrate 15S + 6T >= 240 gr
Protein 4S + 12T >= 180 gr
T T >= 10 gr
S, T >= 0

Please provide "Solver"informations.

1. What are the optimal values of the decisions variables when minimizing production costs?

2. Do any canstraints have slack? If yes, which one(s) and how much slack does each have?

3. Do any of the constraint have surplus? If yes, which one(s) and how much surplus does each have?

4. Are any constraints redundant? If yes, which one(s)?

In: Operations Management

A neurologist needs to counsel a stroke victim and her husband about possible outcomes, treatment options,...

A neurologist needs to counsel a stroke victim and her husband about possible outcomes, treatment options, and lifestyle changes that may be necessary. The patient is located in rural Utah, and the neurologist is in Salt Lake City. What is the most appropriate way for the physician to communicate?

The doctor should talk to the patient and her husband through video conferencing so facial expressions can be read and understanding confirmed in real time. The doctor should email the information to a local, nonspecialist physician in the patient’s hometown, and that doctor can communicate face-to-face with the patient and her husband. The doctor should send a detailed email outlining the many options and considerations and inviting the patient and her husband to email him back with any questions. The doctor should use Intermountain Healthcare’s extensive database to provide the patient and her husband with factsheets on her condition, links to websites for rehabilitation facilities, and contact information for support groups.

In: Operations Management

Case Study: Personal Beliefs in the Workplace Don Shakow was a prominent professional who worked in...

Case Study: Personal Beliefs in the Workplace Don Shakow was a prominent professional who worked in Seattle and Massachusetts in U.S. This case study discusses the nature of Don Shakow’s professional and personal lives. When you read the case study, notice that Don had controversial personal opinions and choices. The heading of Don Shakow’s obituary reads, "Don Shakow’s moral beliefs put to test in the workplace." Although as an economist (rather than an engineer), Shakow’s commitments and expertise certainly overlapped those of engineers. Among other things, he served as an expert witness on the economics of rapid-transit and public energy proposals. In the mid-70s, he joined Mathematical Sciences Northwest to evaluate proposed power projects for Seattle City Light Company, the city’s electricity utility. His finding that regional energy needs were seriously over-estimated resulted in Seattle City Light withdrawing its support for two Washington public power supply system nuclear plants. Shakow’s former colleague, Frank Miller, commented that their eventual construction "resulted in the largest utility-bond default in U.S. history." Shakow supported many liberal political causes, such as organic farming, home grown food, and food cooperatives. He protested against the Vietnam War. He co-founded the Little Bread Co., which carried messages on its reader board, such as "We Can’t Support One Gov’t ‒ Let Alone Thieu" (A reference to the then premier of South Vietnam). No doubt a somewhat controversial figure throughout his activist life, he was characterized by the reporter, Carole Beers, as "that rare individual: he fully integrated his moral beliefs into his work life." Page 2 of 3 Discuss the difficulties of fully integrating one’s moral beliefs into one’s work life.

1. According to this case, what was the key thing Don Shakow was doing in his life? ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________

2. Is it desirable to try to mix ones moral beliefs with work life? Support your answer with an example. ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________

3. Can one’s personal obligations conflict with the obligations that one has as a professional engineer or employee?

Support your answer with an example. _______________________________________________________________________________________________________________________________________________________________________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________

4. If so, how should such a conflict be resolved?

In: Operations Management

1: Competency framework usage is the modern best practice in management. What is meant by competency...

1: Competency framework usage is the modern best practice in management.

  1. What is meant by competency
  2. What are the benefits of using such a framework
  3. How to develop a competency framework
  4. How you are going to apply it to your organization

2: With your study of the theory of Conflict Styles:

  1. What are the different conflict styles
  2. What is the role of culture in conflict
  3. How you can use effective communication in minimizing conflict at your organization
  4. What initiatives you can apply to your organization to enhance teamwork.

In: Operations Management

Do you agree that Social Loafing is similar to Theory X. Give an example to support...

Do you agree that Social Loafing is similar to Theory X. Give an example to support your answer

In: Operations Management

explain the difference between quantitative and qualitative research strategies. Provide an example of a crime based...

explain the difference between quantitative and qualitative research strategies. Provide an example of a crime based research topic that can be analyzed quantitatively, as well as qualitatively. What differences might arise from these strategies?

In: Operations Management

how to conduct a marketing mix for 3d crest white strips

how to conduct a marketing mix for 3d crest white strips

In: Operations Management

Is big data analytics used for service innovation at Amazon? If so, please write a brief...

Is big data analytics used for service innovation at Amazon? If so, please write a brief description. Feel free to use any publicly available documents and internal information for the case organization background description in terms of the BDA infrastructures, data strategies, and current practices that were related to service innovation.

In: Operations Management