GENERAL BUSINESS COURSE QUESTION:
Joe and Jill were talking about the role played by the Federal Reserve System in the United States. Joe seemed to be quite well informed about the functions and activities of our central bank. "You see, Jill, the Fed is the main guardian of our nation's economic stability," Joe declared. "In America, we don't want inflation and we don't want recession. To stretch the situation just a bit, we are frightened, absolutely terrified, by thoughts of hyperinflation and depression. So, the Fed maintains the right to alter the situation and protect us from these two monsters. And you ask, how they do that? The answer is the discount rate. That is the device that the Federal Reserve System uses to keep us safe."
Jill was enjoying listening to her friend explain it all. Joe continued, "Now the discount rate is the interest rate that the twelve Federal Reserve Banks around the country charge their member banks on a loan. So, when the discount rate goes up, all interest rates tend to go up. And, happy to say, when interest rates go up all over America, this tends to slow down any inflationary tendencies." Jill asked, "Does the Fed have other tools for stopping inflation?" "No," said Joe.
4) Judging from Joe's remarks, which do we as a nation fear the most - inflation or recession?
In: Operations Management
Notwithstanding the optimism of our new technologies from tech professionals and others. And notwithstanding the convenience, low costs, and unimaginable benefits from technology, the reality is, if the advancement continues at this rate, there is little doubt that within the life time of the millennial generation millions of jobs will be permanently eliminated.
This will impact knowledge workers as well as laborers. To avoid outcomes reflected in the recent study of the “Collapse of the White Working Class” should society began to look seriously at the Universal Basic Income? Does this allow us to minimize/avoid potential astronomical poverty rates and crime? Does the current worldwide health crisis (COVID 19-Pandemic) impact or change your opinion regarding UBI?
In: Operations Management
Formulate workplace scenario dealing with each of the following topic privacy. Recommend corrective action for each of these scenarios, so they fall in line with the current statutes and laws.
Make sure to provide a scenario for topic and provide a recommendation. The scenario and recommendation should be a minimum of 300 words in length.
In: Operations Management
GENERAL BUSINESS COURSE QUESTION:
Joe and Jill were talking about the role played by the Federal Reserve System in the United States. Joe seemed to be quite well informed about the functions and activities of our central bank. "You see, Jill, the Fed is the main guardian of our nation's economic stability," Joe declared. "In America, we don't want inflation and we don't want recession. To stretch the situation just a bit, we are frightened, absolutely terrified, by thoughts of hyperinflation and depression. So, the Fed maintains the right to alter the situation and protect us from these two monsters. And you ask, how they do that? The answer is the discount rate. That is the device that the Federal Reserve System uses to keep us safe."
Jill was enjoying listening to her friend explain it all. Joe continued, "Now the discount rate is the interest rate that the twelve Federal Reserve Banks around the country charge their member banks on a loan. So, when the discount rate goes up, all interest rates tend to go up. And, happy to say, when interest rates go up all over America, this tends to slow down any inflationary tendencies." Jill asked, "Does the Fed have other tools for stopping inflation?" "No," said Joe.
3) If tomorrow morning the Fed ordered that the reserve requirements for all banks would be raised significantly, what effect would that have on the money supply?
In: Operations Management
GENERAL BUSINESS COURSE QUESTION:
Joe and Jill were talking about the role played by the Federal Reserve System in the United States. Joe seemed to be quite well informed about the functions and activities of our central bank. "You see, Jill, the Fed is the main guardian of our nation's economic stability," Joe declared. "In America, we don't want inflation and we don't want recession. To stretch the situation just a bit, we are frightened, absolutely terrified, by thoughts of hyperinflation and depression. So, the Fed maintains the right to alter the situation and protect us from these two monsters. And you ask, how they do that? The answer is the discount rate. That is the device that the Federal Reserve System uses to keep us safe."
Jill was enjoying listening to her friend explain it all. Joe continued, "Now the discount rate is the interest rate that the twelve Federal Reserve Banks around the country charge their member banks on a loan. So, when the discount rate goes up, all interest rates tend to go up. And, happy to say, when interest rates go up all over America, this tends to slow down any inflationary tendencies." Jill asked, "Does the Fed have other tools for stopping inflation?" "No," said Joe.
7) Has the economy recovered from the last recession? What factors led you to your answer? You should be able to back up your opinion. Don't use blog opinions. Make sure your source(s) is/are based upon facts.
In: Operations Management
Threats are made against the nation and pose a security risk, every day, but the public is not always aware of these threats. For this week’s discussion question respond to the following prompts:
In: Operations Management
Describe two ways that performance measurement activities can be an asset to an organization that provides financial support to public health agencies.
In: Operations Management
11. The Facebook breach and its consequences demonstrate the very real ethical dilemmas that the Internet pose for the information rights of citizens. Consult pages 125 – 127 of your textbook and discuss what are information rights and two laws that aim to protect those rights where Facebook was guilty of breaching these laws.
In: Operations Management
manufacturer is studying a proposal to install an automatic device at one of its production operations. The device would perform the operation in exactly 0.5 minutes. At present, there is a (single server) manual operation with an average service rate of 60 per hour and exponential service times. The arrival rate is 50 products per hour and Poisson distributed. Each minute saved per product at the operation is worth $2. Assume that the total production for the year is 1,500.
1.
What is the average time in the system in the manual operations?
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4.6 minutes |
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4.8 minutes |
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8.4 minutes |
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6 minutes |
2. What is the average time in the system in the automatic operations?
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0.67 minutes |
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2.1 minutes |
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1.76 minutes |
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0.48 minutes |
3.
If your answer to questions (1) and (2) of the Problem are 5 and 2.5 minutes, respectively, how much is the savings per product due to the automatic device for one year?
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$9400 |
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$6000 |
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$8700 |
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$7500 |
4.
If the device costs $4000, should the device be installed, i.e., would it offset its cost in one year (Yes/No) (based on your answer to the previous part)?
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Yes |
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No |
In: Operations Management
The pier in Santa Monica, CA, is a popular destination for both tourists and locals. Visitors ride the Ferris wheel (F), eat ice cream (C), or just walk around on the pier (W). Write a dynamical model for the numbers of people engaged in these activities given the following assumptions. (Hint: Start by drawing a diagram of this system and labeling the stocks and flows. People entering the pier always start by just walking around. E people enter the pier each minute. Visitors leave at a constant per capita rate d. They can leave only when they are walking around. Due to fear of nausea, people do not go directly from eating ice cream to riding the Ferris wheel. Visitors prefer to go on the Ferris wheel with friends. Thus, the probability that any one individual will go on the Ferris wheel is proportional to the number of people walking around, with proportionality constant b. Riders leave the Ferris wheel at per capita rate n. When visitors leave the Ferris wheel, a fraction z of them go directly to eating ice cream. The others walk around. Visitors who are walking around prefer to avoid long lines for ice cream. Thus, the per capita rate at which they get ice cream is proportional to the inverse of the number of people already doing so, with proportionality constant m. People who are eating ice cream stop doing so at a constant per capita rate k.
In: Operations Management
what should be the primary financial concerns for a large stadium versus a small fitness facility?
In: Operations Management
Question Four: (Word count 300 words) *this is all information i have
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If you encounter a challenge that is not clearly defined, has no set response, is conflictual, and, since you cannot rely on existing authority to resolve, requires new learning, you have discovered a(n):
| a. |
Adaptive challenge |
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| b. |
Actualized challenge |
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| c. |
Technical challenge |
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| d. |
Tenuous challenge |
2 points
QUESTION 5
When he was promoted to supervisor, Jake was careful not to push his team too hard as a way of avoiding interpersonal conflict. He made sure that his unit got enough done to meet management expectations but he kept the mood in the office light, friendly, and fun, even if that meant compromising a little productivity. After all, wasn't balancing people and productivity a key to good leadership practices? Jake is exhibiting a _____________________ leadership communication style.
| a. |
Middle of the Road Management |
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| b. |
Country Club Management |
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| c. |
Team Management |
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| d. |
Engaged Management |
2 points
QUESTION 6
Dan believes that his employees need someone with a firm hand to guide them or else his business will falter under their lackadaisical attitudes. To make things crystal clear, he has shop rules posted prominently on each employee locker and in the break room and he spends a great deal of time during the day on the production floor making sure that everything is ship shape. Anyone who is caught slacking is written up and brought into his office for talk to make sure they understand where he is coming from. This is an example of someone who engages in __________________________ communicative behavior.
| a. |
Laissez-Faire |
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| b. |
Authoritarian |
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| c. |
Democratic |
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| d. |
Informational |
In: Operations Management
QUESTION 11
If I argued that the definition of an ideal leader was dependent upon the context in which s/he operated, which ethical perspective would I be favoring?
| a. |
Kant's Categorical Imperative |
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| b. |
Utilitarianism |
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| c. |
Virtue Ethics |
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| d. |
Altruism |
2 points
QUESTION 12
After almost 50 years in the business, Grant was looking forward to retirement. A 60's "flower child" he was eager to spend his golden years at his cabin in a remote area of upstate New York, but he still had a few more years on his contract. Believing in the power of independence and expression, he was never fully comfortable in his management position and preferred to allow his employees to set their own course. He felt that the business was at its best when he hired good people and let them do what they did best. His impending retirement only fueled this attitude, to the point that he no longer bothered with workplace distractions like staff meetings and end of year awards, after all, no one really liked that sort of thing anyhow, right? This is an example of someone exhibiting _______________________ communication behavior.
| a. |
Laizzez-Faire |
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| b. |
Authoritarian |
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| c. |
Democratic |
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| d. |
Inspirational |
2 points
QUESTION 13
Leaders are born, not made.
| a. |
Of course |
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| b. |
Maybe |
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| c. |
Of course not |
In: Operations Management
persuasive prompt eassy on 7 Rules of Success
1# Be Visionary See Beyond
2# Invest Time In Communication
3# Develop Coping Mechanism
4# Performance with Purpose
5# Develop Global Perspective
6# Don't Mix Professional Life with Personal
7# Grab Idea's from Everywhere
In: Operations Management