Consider the following linear programming problem.
min −x1 + 4x2
subject to:
• x1 + x2 ≥ 1
• 3x1 + x2 ≤ .5
• x1, x2 ≥ 0
Formulate the dual of this problem.
In: Operations Management
1.1 Discuss challenges related to managing performance and compensating employees from other countries.
Give some incidents and examples
In: Operations Management
magine that you were just now put in charge of designing and leading a major strategic change effort. Your organization has been suffering from poor performance, it's getting worse, and you've diagnosed and recommended a strategic change to fix the underlying issues and improve performance. What are the first five things you would do? Briefly explain why these are the first five 'to dos'
In: Operations Management
Price indicates and reflects product value, prestige, quality, etc. It needs to fit with the brand and image and make sense for the target market. there are many different ways to price like bundling or freemium or subscription or odd pricing and more. Do some online searching and find a business with a unique pricing structure. Discuss why or why not you think the strategy is a good idea.
**site source**
In: Operations Management
why is the marketing plan one of the most important elements of the marketing process? Be specific. Provide an example.
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1-What is culture? What are the most important factors in creating a culture?
2-Do you think cultures are becoming more alike? Is it a good thing or a bad thing? Give reasons?
In: Operations Management
|
No. |
Column A |
Column B |
|
1.1.1 |
__________ Base pay |
a) Pay program in which pay increases are base on length of service. |
|
1.1.2 |
_________ Seniority pay |
b) The monetary compensation employees earn on a regular basis for performing their jobs. Hourly pay and salary are main forms of base pay. |
|
1.1.3 |
__________ Merit pay |
c) Pay increase added to employees’ base pay based on their level of performance. |
|
1.1.4 |
__________ Spot bonus |
d) Incentive pay plan in which employees are paid for each unit they produce. |
|
1.1.5 |
__________ Piecework |
f) Relatively small monetary gifts provided to employees for outstanding work or effort during a reasonably short period of time. |
|
1.1.6 |
_________ Gain sharing |
g) Plan designed to bind employees to the firm’s productivity and provide an incentive payment based on improved company performance. |
|
1.1.7 |
_________ Stock compensation plans |
h) Employee compensation for jobs employees currently perform. |
|
1.1.8 |
__________ Job-based pay |
i) Companywide incentive plans that grant employees the right to purchase shares of company stock. |
|
1.1.9 |
_________ Personal-focused pay |
j) System that compensates employees for their job-related skills and knowledge, not for their job titles. |
|
1.1.10 |
__________ Skill-based pay |
k) Compensation for developing the flexibility, knowledge, and skill t perform a number of job effectively. |
In: Operations Management
Provide a realistic scenario of how religion affects health care, and discuss the legal obligations of healthcare providers. You can use an example or personal experience to demonstrate how health care, the law, and religion intersect in our modern society.
In: Operations Management
Marketing Communications
Choose a product with which you are familiar
List the target market, the behavior you would want consumers to do, and the mental steps that may be necessary to move consumers to the behavior.
Hint, here are some other mental steps/intervening variables, communication objectives in addition to awareness - knowledge of a benefit, preferring one brand over another
In: Operations Management
Why do Cosmetics Companies accept returns from Retail stores with no penalty? Include perspectives from the entire channel of distribution, including manufacturer, the distributor, the retailer and the consumer.
In: Operations Management
To prepare for the Week 2 Assessment, consider a past or current professional experience where a culture change was needed.
Using the Organizational Change Chart, outline information about the experience and organization following Kotter’s 8-Step to Change Model as a guiding line.
Kotter's 8-Step Change Model Step One: Create Urgency. Step Two: Form a Powerful Coalition. Step Three: Create a Vision for Change. Step Four: Communicate the Vision. Step Five: Remove Obstacles. Step Six: Create Short-Term Wins. Step Seven: Build on the Change. Step Eight: Anchor the Changes in Corporate Culture.
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Review the section on the definitions of maturity stages and dimension variables in the CEO Technology Best Practices Arc. Define each of the maturity stages and performance dimensions. What are the key concepts from each section?
In: Operations Management
How would you respond to this post?
Material Requirements Planning (MRP) is the process used for calculating the materials required to manufacture a product. A common approach companies use is called just in case inventory which requires huge inventories to stock all materials needed for manufacturing a product before they are required (Vonderembse, 2013). This process may sound like a great idea but is very costly in requiring extensive warehouse space and monies tied up in inventory. If companies that utilize MRP they will be able to free up these costs without effecting deliveries to customers and also could provide these products at a lower cost. The MRP is processed with a computerized information system that uses the information from the Master Schedule File, Bill of Materials File and Inventory file to determine a more precise amount of inventory to have on hand.
I work for Sharp Electronics Americas and when it pertains to MRP we need to be sure we have enough supplies and parts in stock for our USA Sales and Service Distributors. In the past we used to utilize the just in case inventory process and have numerous warehouses throughout the United States. We would also encourage our dealer chain to have an extra amount of inventory on hand as well. About 5 years ago we partnered with a company called Tech Data which specializes in a more just in time logistics system. They are able to take an order from one of our dealers and have it delivered to them in 24 to 48 hours. Utilizing Tech Data allowed us to eliminate all of our warehouses, which saved us a tremendous amount of money. This also allowed our dealers to not store and tie up resources stock pilling inventory. We utilize SAP to process the correct amount of product to order from our factory and have in hand at the Tech Data warehouse facility.
In: Operations Management
What are the leading web analytics that should be tracked? Why is measuring deep interaction more meaningful than “likes” or “followers?” Is chasing followers productive? What are some effective strategies for search engine marketing? What are some successful strategies for arriving at the most useful keywords for search? What is search optimization?
Provide examples. Cite all sources.
Each questions can be a paragraph.
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The current "internet and technology" revolution is significantly changing the way business and the workplace is conducted. What 'Management' dilemmas do you think will face a new generation of "management pioneers' who will need to address these changes?
In: Operations Management