1. What are ways in which information is gathered for decision makers?
2. What are ways in which information is used once it is gathered for decision makers?
In: Operations Management
For this question, you may want to study Chapter 12 inventory management. In class, we talked about some different types of inventory. What are they and what do they mean?
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What behavior do you feel is most important in a successful leader? Why, and how will this behavior benefit the leader in his or her future career?
Please limit to 250 words. Thank you!
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**Note from Student: Please be very descriptive, examples, etc.
1. How does Brand Equity effect on pricing strategy? (10 points)
2. What is the difference between and the use of Reference Pricing and Anchor Pricing? (10 points)
In: Operations Management
This question is about Chapter 8 Location Strategies. What are the 7 factors that affect location decisions and what do they mean?
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**Note from student: Please be very descriptive, examples, etc
How and when do you use the following tools: (10 points each)
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The COVID-19 pandemic has caused many retailers to shut down their business, layoff their employees, and drain their bank accounts.
While some federal funding will help these businesses stay afloat, many will have to adjust to new ways of operation once the quarantines are lifted.
Several ways can be used to reframe a retailer’s business model. Form reconfiguration; Time reconfiguring; Place reconfiguring; Possession reconfiguring. Using at least three of these methods of reframing, describe how a retailer of your choice will adjust its business model to be successful in reopening.
Choose a specific retailer from one of these categories:
Theme Park; Salon; Hotel; Beauty Supply Store; Sports Bar
In: Operations Management
Directions: Act as if you are applying to a fictitious company. Thoroughly answer each question.
. Tell me something about yourself. (What do you really want to do?)
What jobs have you held? What were your duties and responsibilities?
What jobs did you enjoy the most? Why? Least? Why?
What can you offer? What are your strengths? Weaknesses?
What have you done that shows initiative or willingness to work and learn?
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The company is Diamondback Energy . ( Texas Company )
Discuss and explain the Company Implementation . What will key steps to be taken to implement your proposed strategy ?
Suggestions : comment on the board of directors , Performance ( stock , market share , profits , revenues ) .
In: Operations Management
discuss the various steps in the research process that you would undertake. (14)
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This question is about Chapter 13 Aggregate Planning. We talked about two types of options for aggregate planning strategies. What are the two types of options, and what do they each include?
In: Operations Management
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Marianne Kramer, the owner of Handy Man Rentals, rents carpet cleaners to contractors and walk-in customers. She is interested in arriving at a forecast of rentals so that she can order the correct quantities of supplies that go with the cleaners. Data for the last 10 weeks are shown here.
Week 1 2 3
4 5 6 7
8 9 10
Rentals 21 14 29
26 29 11 26
26 12 19
a. Prepare a forecast for weeks 6 through 10 by using a 4-week moving average
. (Enter your responses rounded to two decimal places.)
Week |
Forecast |
6 |
7 |
8 |
9 |
10 |
What is the forecast for week 11?
rentals. (Enter your response rounded to two decimal places.)
b. The mean absolute deviation as of the end of week 10 is
rentals. (Enter your response rounded to two decimal places.)
In: Operations Management
Monster airlines decided to offer direct service from Cleveland to Clearwater Beach, Florida. Management must decide between full-price service using a company’s new fleet of jet aircraft and a discount-service using smaller capacity commuter planes. Management developed estimates of the contribution to profit for each type of service based upon three possible levels of demand for service on Clearwater Beach: high, moderate, and low. The following table shows the estimated quarterly profits (in thousands of dollars).
Service |
Demand for service |
||
High |
Medium |
Low |
|
Full price |
900 |
760 |
–430 |
Discount |
710 |
650 |
350 |
Using the minimax regret approach, which service should be implemented?
Group of answer choices
Either since there is not a clear preferred solution.
Neither since there is not a clear preferred solution.
Full Price.
Discount.
In: Operations Management
Explain why Agile Project Management (APM) may be better suited for managing software development projects as opposed to traditional project management. What and how do Scrums fit into APM? What are sprints?
In: Operations Management