Questions
The district manager of basketball officials has to assign each team of officials to one game...

The district manager of basketball officials has to assign each team of officials to one game on Friday night. There are four sites for games. So each site needs one group of officials. Below are the distances in miles each group of officials is from each site.

Game Site

Officials

Wayne

South Sioux City

Winnebago

Wakefield

Group A

210

90

180

160

Group B

100

70

130

200

Group C

175

105

140

170

Group D

80

65

105

120

Formulate the linear programming problem to minimize distance traveled by the groups of officials in this assignment problem.

--create an Excel file to solve the problem and solve the problem – attach the file when you submit answer
--- type out what is the minimum distance and where each group is assigned

-- explain how the distance changes if Group A goes to Wayne, Group B goes to South Sioux City, Group C goes to Winnebago, and Group D goes to Wakefield.

In: Operations Management

Many people assume that personality must be related to consumer behavior. Knowing a customer's personality profile...

Many people assume that personality must be related to consumer behavior. Knowing a customer's personality profile should help predict what she or he will buy, and how decisions will be made in the marketplace. Researchers, however, have been frustrated in their search for a unified theory of personality that would explain consumer behavior. Use trait theory to explain why this is so. (There are 6 specific problems)

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how can I balance my emotions and reasons when I'm making an critical thinking decision

how can I balance my emotions and reasons when I'm making an critical thinking decision

In: Operations Management

Identify an aspect of employment law( things like equal pay, exempt status, minimum wage, anti-discrimination, affirmative...

Identify an aspect of employment law( things like equal pay, exempt status, minimum wage, anti-discrimination, affirmative action, union protections or whatever you like) that you consider the most unnecessarily burdensome to employers and explain and defend your choice.

In: Operations Management

why might managment resist a culture of empowerment ?

why might managment resist a culture of empowerment ?

In: Operations Management

Zhou Bicycle Case Study Zhou Bicycle Company, located in Seattle, is a wholesale distributor of bicycles...

Zhou Bicycle Case Study

Zhou Bicycle Company, located in Seattle, is a wholesale distributor of bicycles and bicycle parts. Formed in 1991 by University of Washington Professor Yong-Pia Zhou, the firm’s primary retail outlets are located within a 400-mile radius of the distribution center. These retail outlets receive the order from ZBC with 2 days after notifying the distribution center, provided that the stock is available. However, if an order is not fulfilled by the company, no backorder is placed; the retailers arrange to get their shipment from other distributors, and ZBC loses that amount of business. The company distributes a wide variety of bicycle. The most popular model, and the major source of revenue to the company, is the AirWing. ZBC receives all the models from a single manufacturer in China, and shipment takes as long as one month from the times an order is place. With the cost of communication, paperwork, and customs clearance included, ABC estimates that each time an order is place, it incurs a cost of $65. The purchase price paid by ZBC, per bicycle, is roughly 70% of the suggested retail price for all the styles available, and the inventory carrying cost is 1% per month (12% per year) of the purchase price paid by ZBC. The retail price (paid by the customers) for the AirWing is $170 per bicycle. ZBC is in interested in making as inventory plan for 2019. The firm wants to maintain a 97% service level with is customers to minimize the losses on the lost orders. A forecast for AirWing model sales in 2019 has been developed and will be used to make an inventory plan for ZBC.

DEMAND FOR AIRWING MODEL

Month

Forecasted 2019

January

8

February

15

March

31

April

59

May

97

June

60

July

39

August

24

September

16

October

15

November

28

December

47

Total

439

Average demand per month

36.58

Standard deviation of the monthly demand

Use Excel to calculate it

Discussion Questions

Develop an inventory plan to help ZBC:

1) Determine the simple EOQ, assuming constant demand throughout the year (which obviously is not true; to be dealt with later).

2) Calculate the annual inventory cost under this EOQ policy (carrying cost plus ordering cost).

3) Assuming that that the demand is variable (with the mean of 36.58 and the standard deviation to be calculated by you), use the relevant formula in the powerpoint file and calculate the ROP.

4) Calculate the annual cost of holding the safety stock throughout the year and add it to the cost in p. 2 above. This is your total annual inventory cost.

5) Plot the projected future bicycle sales (use Excel) and evaluate the nature of the demand. As mentioned above, it is obviously not constant throughout the year.

6) Segment the planning horizon into three separate intervals:

a) January, February, and March

b) April, May, June, and July

c) August, September, October, November, and December

(Note: other segmentations are also possible, e.g., precisely by the quarters, etc., but please use the one I am suggesting).

7) Repeat the analyses from Q1.-Q4 above, separately for each of the three segments. Of course, you will have to adjust the planning horizon accordingly.

8) Calculate the total cost across the three segments thus producing the total annual inventory cost.

9) Compare it against the cost in Q4 above. Which approach is better and why? Provide a full rationale for your answer.

In: Operations Management

According to Warren Buffet how could the company threadless's brand function as a moat to protect...

According to Warren Buffet how could the company threadless's brand function as a moat to protect them competitors?  What can they do to ensure that their is a more effective moat in the future?

In: Operations Management

My paper is part of the experimental management class, in the paper I included a SWOT...

My paper is part of the experimental management class, in the paper I included a SWOT Analysis, Financial Review, Marketing Strategy & Economic Review, Organizational Structure and Recommendations. write a paragraph of a thesis statement of Nike Inc.

In: Operations Management

What is Ricoh Canada Inc.’s situation? Prepare a SWOT analysis to analyze its internal strengths and...

What is Ricoh Canada Inc.’s situation? Prepare a SWOT analysis to analyze its internal strengths and weaknesses and its external opportunities and threats? How attractive are its specific market opportunities?

In: Operations Management

As the production planner for Xiangling Hu​ Products, Inc., you have been given a bill of...

As the production planner for Xiangling Hu​ Products, Inc., you have been given a bill of material for a bracket that is made up of a​ base, 1 springnothing​, and 3 clamps. The base is assembled from 1 clampnothing and 1 housingnothing. Each clamp has 1 handle and 2 castings. Each housing has 2 bearings and 1 shaftnothing. There is no inventory on hand. This exercise contains only parts b and c. The product structure is as​ follows: Bracket Base Subscript left parenthesis 1 right parenthesis Clamp Subscript left parenthesis 1 right parenthesis Handle Subscript left parenthesis 1 right parenthesis Casting Subscript left parenthesis 2 right parenthesis Spring Subscript left parenthesis 1 right parenthesis Housing Subscript left parenthesis 1 right parenthesis Shaft Subscript left parenthesis 1 right parenthesis Clamp Subscript left parenthesis 3 right parenthesis Bearing Subscript left parenthesis 2 right parenthesis Handle Subscript left parenthesis 1 right parenthesis Casting Subscript left parenthesis 2 right parenthesis ​b) Determine the gross quantities needed of each item if you are to assemble 50 brackets. ​Base: nothing units ​(enter your response as a whole number​). ​Spring: nothing units ​(enter your response as a whole number​). ​Clamp: nothing units ​(enter your response as a whole number​). ​Housing: nothing units ​(enter your response as a whole number​). ​Handle: nothing units ​(enter your response as a whole number​). ​Casting: nothing units ​(enter your response as a whole number​). ​Bearing: nothing units ​(enter your response as a whole number​). ​Shaft: nothing units ​(enter your response as a whole number​). Enter your answer in the edit fields and then click Check Answer

In: Operations Management

Does the notion of talent management relate to the shift from classical to global management? Why...

Does the notion of talent management relate to the shift from classical to global management? Why or why not

In: Operations Management

Strategic Management Edition 4. - Frank T. Rothaermel IKEA - Chapter 10 Ingvar Kamprad’s influence over...

Strategic Management Edition 4. - Frank T. Rothaermel

IKEA - Chapter 10

Ingvar Kamprad’s influence over IKEA may have even been stronger than that of Sam Walton over Walmart because IKEA is a privately held company, whereas Walmart is a public company (since 1970). Walmart entered a period of difficulties after Sam Walton stepped down (in 1988 at age 70). Do you think IKEA had similar difficulties after it endured a similar leadership transition in 2013, when Ingvar Kamprad stepped down? Why or why not?

In: Operations Management

stating why false negative matters to you stating why false positive matters to you

stating why false negative matters to you stating why false positive matters to you

In: Operations Management

You are operating a small ice cream truck. Each day you visit a different neighborhood and...

You are operating a small ice cream truck. Each day you visit a different neighborhood and spend the day there. In every neighborhood you face a different competition with varying number competitors and average prices. Up to know you did not make any price change by neighborhood. Observing that your demand varies between neighborhoods, and since now you know how to estimate regressions, you decided to use your knowledge to perform a quantitative analysis. Namely, you collected the data attached in files. (HW3Q2Data)

Demand Average Price of Competitor Temperature Population Number of Students in Nearby School Number of Competitors
22.7531445 6.93898234 27.9208355 529.700156 31.2171286 3
25.2147947 8.01675936 15.9348508 1391.39061 89.6720582 1
20.5214464 5.33192197 27.3849726 652.336758 70.7371022 5
22.7897955 9.06488424 25.128342 678.503513 99.5443756 4
27.1711912 8.156383 27.2199228 1037.46276 92.8964586 2
16.4478283 7.01801513 20.7361169 1303.22749 71.899216 5
20.7946046 5.11029706 26.5490151 544.479962 49.6235655 4
18.9023662 5.54884794 26.2655144 574.727786 34.1467194 5
27.1931077 6.60090156 29.9430915 837.613961 91.8933829 1
20.7471855 7.5141901 17.0496574 1148.71672 144.596919 5
18.2295445 7.47057329 26.3565698 914.045764 105.065966 5
19.3883817 9.95111764 19.645012 1432.81959 109.872351 4
28.9456938 5.04072647 20.3809514 1493.04665 92.0901082 1
23.6774317 6.25812571 27.633099 792.505213 52.3548714 2
24.3311121 7.14712635 28.3438563 560.076703 42.9858266 3
22.1387031 5.25680885 29.3236071 505.197033 58.9504117 3
20.5188943 6.62839783 25.1968869 1087.06562 66.763349 4

a.) Scatter your demand on each of the variables.

b.) Begin with a model, by adding and subtracting variables select the best one. (Hint, begin with all) At each step, copy and paste only the Regression Statistics part of your result table (R2, Adjusted R2 etc. top part of result table)

c.) What is your estimated final result? (Copy and paste all result table from Excel)

d.) Is the model significant at 1%?

e.) Which variables are significant at 5% and at 1%?

In: Operations Management

Not every new item that McDonald’s rolls out is an instant success. Periodically during the past...

Not every new item that McDonald’s rolls out is an instant success. Periodically during the past 50 years, McDonald’s has offered some products that just didn’t catch on with customers. One example is McWings, which was rolled out to stores for a short time in 2013 and then disappeared from the menu. The company didn’t give a reason for discontinuing the product and there were no known supply or production problems associated with McWings. But many observers noted that the cost of the McWings ($2.99 for 3 wings) did not offer the value that McDonald’s customers normally expect. Based on the information above, what two phases of product development did McDonald’s likely misjudge?

a. Product analysis
b. Idea generation
c. Commercialization

d. Product development and testing

On the first day of a recent skiing vacation, you hit a mogul and injured your knee. The ski patrol hoisted you onto a sled and carried you down to the base of the mountain. The paramedic team transported you by ambulance to the local hospital. There, the emergency room doctor took x-rays of your knee and recommended an orthopedic surgeon to repair your ACL. Below is a list of the goods and services used to make you well. Select the services you used during your exciting, but brief vacation. Select all that apply.

a. Goggles
b. Nursing
c. Splint
d. Gurney
e. Paramedic
f. Ski Jacket
g. Ski pants
h. Gloves
i. Rescue team
j. Radio
k. Poles
l. Admissions coordinator
m. Gauze
n. Skis
o. Ski lift operator
p. Bed linens
q. X-ray technician
r. Rescue sled
s. Doctor’s consultation

In: Operations Management