Part 2: Compare and contrast the strengths and weaknesses of the three types of inventory management systems. Recommend which would be best for an automotive supply company that manufactures small to medium size metal parts such as shocks, struts, control arms, bushings etc. The company is geographically dispersed with 25 different operating locations nationwide.

Answer the following short questions: [Total: 10 marks]

b) What are 3 differences between lead user and beta user?

When looking at an assisted living facility, how does the environment of care issues affect the business management issues?

The Bijou Theater shows vintage movies. Customers arrive at the theater line at the rate of 80 per hour. The ticket seller averages 36 seconds per customer, which includes placing validation stamps on customers’ parking lot receipts and punching their frequent watcher cards. (Because of these added services, many customers don’t get in until after the feature has started.) (Use the Excel spreadsheet Queue Models.)

a. What is the average customer time in the system? (Round your answer to 2 decimal places.)

b. What would be the effect on customer time in the system of having a second ticket taker doing nothing but validations and card punching, thereby cutting the average service time to 25 seconds? (Round your answer to 3 decimal places.)

Average time in system ________ minutes

c. What would be the customer time in the system if instead of the change in Part b, a second window was opened with each server doing all three tasks? (Do not round intermediate calculations. Round your answer to 3 decimal places.)

d. Would system waiting time which is obtained in part (c) be less than you found in (b)?

• Yes

• No

Roedel Electronics produces tablet computer accessories, including integrated keyboard tablet stands that connect a keyboard to a tablet device and hold the device at a preferred angle for easy viewing and typing. Roedel produces two different sizes of integrated keyboard tablet stands, small and large. Each size uses the same keyboard attachment, but the stand consists of two different pieces, a top flap and a vertical stand that differ by size. Thus, a completed integrated keyboard tablet stand consists of three subassemblies that are manufactured by Roedel: a keyboard, a top flap and a vertical stand.

Roedel's sales forecast indicates that 7,000 small integrated keyboard tablet stands and 5,000 large integrated keyboard tablet stands will be needed to satisfy demand during the upcoming Christmas season. Because only 500 hours of in-house manufacturing time are available, Roedel is considering purchasing some, or all, of the subassemblies from outside suppliers. If Roedel manufactures a subassembly in-house, it incurs a fixed setup cost as well as a variable manufacturing cost. The following table shows the setup cost, the manufacturing time per subassembly, the manufacturing cost per subassembly, and the cost to purchase each of the subassemblies from an outside supplier:

The Dolomite Corporation is making plans for a new factory. One department has been allocated 12 semiautomatic machines. A small number (yet to be determined) of operator will be hired to provide the machines the needed occasional servicing (loading, unloading, adjusting, setup, and so on). A decision now needs to be made on how to organize the operators to do this. Alternative 1 is to assign each operator to her own machines. Alternative 2 is to pool the operators so that any idle operator can take the next machine needing servicing. Alternative 3 is to combine the operators into a single crew that will work together on any machine needing servicing. The running time (time between completing service and the machine’s requiring service again) of each machine is expected to have an exponential distribution, with a mean of 150 minutes. The service time is assumed to have an exponential distribution, with a mean of 15 minutes (for Alternatives 1 and 2) or 15 minutes divided by the number of operators in the crew (for Alternative 3). For the department to achieve the required production rate, the machines must be running at least 89 percent of the time on average.

(a) For Alternative 1, what is the maximum number of machines that can be assigned to an operator while still achieving the required production rate? What is the resulting utilization of each operator?
(b) For Alternative 2, what is the minimum number of operators needed to achieve the required production rate? What is the resulting utilization of the operators?
(c) For Alternative 3, what is the minimum size of the crew needed to achieve the required production rate? What is the resulting utilization of the crew?

Using a hypothetical fashion company, develop a map of the company's global supply chain. Remember you product is sourced, manufactured and sold in three countries (US, China, and India) and may require different logistics (transportation, warehouse, and material handling) for each.

Please also include your rationale for the supply chain map decision (e.g. Why did you choose truck or rail transportation? Why did you use a central warehouse or multiple warehouse?)

1.   An _____________________ is a story or anecdote that provides an example of an idea, issue, or problem the speaker is discussing – almost ensures audience interest.

2. Every well-prepared speech has three major divisions: the 1. ______________, the ______________, and the _______________.

3.There are three general purposes for speeches: to __________, to ____________, and to _______________,

4. A clearly _____________speech helps our audience remember what you say.

5.____________________ is a process that involves selecting, attending, understanding, and remembering.

REFLECTION QUESTIONS FOR CHAPTER # 5 --- INTELLECTUAL PROPERTY

Read the article below and answer the following three reflection questions. The answers are to be submitted for grading.

Reflection Question#1 – What is Christina Aguilera and the other musicians asking the U.S. government to do and explain why?

Reflection Question #2 – Describe your opinion on this issue and mention if you agree or disagree with the musicians as to what they are asking?

Reflection Question #3 – Give your opinion on --- “Whose job is it to police copyright infringement?”

“The music industry is begging the US government to change its copyright laws” By Jamieson Cox on April 1, 2016
Christina Aguilera, Katy Perry, deadmau5, and dozens of other musicians are asking the US government to revamp the Digital Millennium Copyright act (DMCA), the piece of law that governs access to copyrighted work on the internet. Musicians, managers, and "creators" from across the industry co-signed petitions sent to the US Copyright Office arguing that tech companies — think YouTube and Tumblr, sites with vast reserves of content that infringes on some copyright — have "grown and generated huge profits" on the backs of material that's illegally hosted.

"The growth and support of technology companies should not be at the expense of artists and songwriters," reads the letter signed by Aguilera, Perry, and their peers. "The tech companies who benefit from the DMCA today were not the intended protectorate when it was signed into law two decades ago."

Whose job is it to police copyright infringement?
This is a complicated issue, but you can boil it down to one key question: whose job is it to police the appearance of copyrighted material where it doesn't belong? When the DMCA was created in 1998, it was much easier for artists and labels to handle isolated incidents of copyright infringement using the act's "notice-and-takedown" system. (It's self-explanatory: the copyright owner files a notice of infringement, it's processed, and the offending post is taken down.)
It's a lot harder to police the internet c. 2016. It's flooded with new, potentially infringing material every second, and the industry the notice-and-takedown system isn't responsive enough to help musicians' work retain its value. It's also noting that sites like YouTube have thrived on the "copyright black market," earning millions of clicks and views from content sitting in the grey area between posting and takedown. The sites counter by arguing they've given the labels the tools they need (like YouTube's Content ID system) to make DMCA takedowns faster and more effective.
It's unclear exactly what impact the industry's coordinated response will have on the status of the DMCA. Bloomberg notes that the US Copyright Office doesn't have the power to directly change the DMCA; it can recommend a set of changes to a subcommittee tasked with reviewing contemporary copyright law, but that's about it. If you take the industry's word for it, that change needs to happen fast, because the status quo is endangering the future of music. "The existing laws — and their interpretation by judges — threaten the continued viability of songwriters and recording artists to survive from the creation of music," reads the musicians' letter. "The next generation of creators may be silenced if the economics don't justify a career in the music industry."

Sarah and Rolfe are excited about starting a business together! They want to start manufacturing unique pieces of furniture and selling them locally and then expand nationwide. Sarah is single and plans on working on growing the business 24/7. She currently rents an apartment, drives a used car and only has about $1,000 in her bank account. Rolfe is married and works full-time for Amazon in customer service and his partner works as an emergency room nurse. Rolfe can only devote about 10 hours a week to the business. He and his partner make about $180,000 per year combined, own a home and have about $50,000 saved in their bank account. Currently, they are planning on having children in the near future.  

Based on the above facts, if Sarah and Rolfe want to create a formal business entity, what type should it be? Explain why, based on what you've learned from your reading and the facts listed above. You can include any assumptions as some facts may be missing that you would want to know, but please state what assumptions you've made in your answer. (answer must be a minimum of 10 sentences)

What is Publix the Super Market performance plan?

What are the components of Publix performance plan? Floors, Caps, Ladders, Profit sharing, ESOPS, Quotas

Costs of retailer selling a quintal of mango Sorting and grading 200 Transportation 300 Loading and unloading 100 Charges towards labor 100 Misc. charges 150 Consumer purchased 1 kilogram of mango for $4. Retailer purchased one quintal of mango for $200 Calculate absolute MARKETING margin of retailer for one kilogram of Mango

NOTE: PLEASE ANSWER ACCURATELY ONLY IF YOU KNOW. I AM GETTING LOT OF WRONG ANSWERS ON CHEGG. I AM POSTING IT FOR THE SECOND TIME. SOMEONE ANSWERED IT WRONG. IF YOU DO NOT KNOW HOW TO CALCULATE THEN LEAVE IT.

Select two Fortune 500 companies. Compare their entrepreneurial orientation (autonomy, innovativeness, proactiveness, competitive aggressiveness, and risk-taking). Based on your analysis, which one of the two companies you selected has a stronger entrepreneurial orientation?