The produce manger at the local grocery store must determine how many pounds of bananas to order weekly. Based upon past experience, the demand for bananas is expected to be 100,150, 200, or 250 pounds with the following probabilities: 100lbs 0.20; 150lbs 0.25; 200lbs 0.35, 250lbs 0.20. The bananas cost the store $.45 per pound and are sold for $.085 per pound. Any unsold bananas at the end of each week are sold to a local zoo for $.30 per pound. Use your knowledge of decision analysis to model and solve this problem in order to recommend how many pounds of bananas the manager should order each week.
Please use Excel Spreadsheet and use EMV. Thank you!!
In: Operations Management
Why do you think it is important to communicate to employees who
survived a company wide Layoff and what do you think is the most
important thing to communicate to surviving employees?
In: Operations Management
What is the role of Strategy & Performance Excellence in supporting Quality Management (QM) and Lean Management (LM). Factor in the impact of the Corona Virus on Strategy & Performance Excellence when relying heavily into one country such as China. How would you assess their "unintended consequences" to the global economy? and how would you re-calibrate your Strategy & Performance Excellence strategies based on lessons learned?
In: Operations Management
Explain the differences between developed countries, newly industrialized countries, and less developed countries. What areas of opportunity need to be measured and analyzed within each of these countries before investing and establishing a multinational corporation? What do measures like Human Development Index tell us about a country’s place along the development continuum?
In: Operations Management
For this exercise, select two people in leadership positions to interview. They can be leaders in the formal or informal positions at work, school, or society.
Conduct a 30-minute interview with each leader – ask the leaders to describe the visions they have for their organizations. In addition, ask, “How do you articulate and implement your visions”.
Leader #1 – is the leader vision content, vision articulation, or vision implementation?
Leader #2 – is the leader vision content, vision articulation, or vision implementation?
In: Operations Management
Discuss the consequences of Wells Fargo risk events making reference to its impact on stakeholders including employees and shareholders, other financial institutions such as banks and the auditors of the company. in 500 words
In: Operations Management
3. Many non-procurement executives are skeptical about the variety of the savings being touted by the procurement organization. What are several ways procurement organizations calculate cost reduction? What are several types of cost avoidance service providers employ?
In: Operations Management
How can you perform simple linear regression analysis using Excel?
In: Operations Management
In: Operations Management
It is February 1, 2020 and you have been contacted by the owners of a proposed new restaurant in Columbus. This restaurant will be located on a piece of land near the Bradley Park area. The restaurant will emphasize fresh Mediterranean cuisine. The restaurant is the idea of two individuals that formerly worked for the Red Lobster’s Restaurant chain. The grand opening will be on April 2, 2020. The restaurant owners are aware of your expertise in small business and have asked you to develop an advertising plan for them. They have agreed to pay you
$ 3,500 for this project, plus your reasonable business expenses.
Using a budget accompanied by a narrative description, develop an advertising plan in outline form to present to the owners of the business. The owners are limited to only $ 8,000 for promotion and advertising until the company starts operations. From that point, the business will have to generate additional money for advertising from new sales. Please ensure that they know how their money will be used and why you believe your plan will attract customers.
The following information is to be used to determine your expenses:
Daily Newspapers: $600 for a quarter page ad on Sunday (20% of residents read the Ledger~Enquirer).
Television: Local affiliates will sell 30 second spots during the news for $ 10,000 per advertisement. Local cable companies will sell 30 second spots for $ 200.00 on ESPN.
Radio: A Rate Card for radio advertisements is not available for your analysis. For planning purposes, you can use the following rates:
Morning drive time (M - F; 6:00 - 10:00 am): $ 60 per day or five days for $ 180.00.
Evening drive time (M - F; 4:00 - 7:00 pm): $ 50 per day or five days for $ 130.00.
All other times: $ 20.00 per individual spot.
Magazines: N/A - no regional magazines are feasible as they cost $ 4,500 per monthly advertisement.
Billboards: Local billboards can be secured for a monthly package deal of $1,800 for three sites on I-185 north of Columbus or a package deal for $800 for two locations on Veterans Parkway. You must buy the package deal. You cannot buy individual billboards.
Direct Mail: A letter with two enclosed pieces of paper will cost you $ 0.75 per person to mail bulk rate.
Flyers: Flyers can be printed by the local print shop for $ 0.045 per sheet.
Student Newspaper: The student newspaper sells ad space at $150.00 for a quarter page ad. It has only 3,000 readers.
Other more creative, “boot-strapping” promotional techniques can be considered in your plan, but you must explain them.
|
Media |
January |
February |
March |
Total |
|
Radio |
||||
|
Saber |
||||
|
Ledger~Enquirer |
||||
|
Billboards |
||||
|
Flyers |
||||
|
Direct Mail |
||||
|
Website |
||||
|
Article in paper |
||||
|
Bootstrapping |
||||
|
Total |
In: Operations Management
Write two page paper on the topics of process strategy, Location management and layout Strategies. For each topic define give an example and indicate the importance and total of 2 external references. Add your personal life experiences on topics of process, location and layout strategies.
In: Operations Management
Don’ts of Electronic Mail
Don’t • Use e-mail to discuss something with a colleague who sits across the aisle or down the hall from you. Take the old-fashioned approach of speaking to each other. • Say anything negative about a boss, friend, or colleague via e-mail. And don’t forward the negative comments of others. • Use e-mail to start or perpetuate a feud. If you get an e-mail that tempts you to respond in a scathing manner, stop yourself. You may be misinterpreting the message. Even if you’re not, take the high road. • Write anything in an e-mail you wouldn’t want published in a newspaper. E-mail with sensitive or potentially embarrassing information has an uncanny way of leaking out. • Begin responding to e-mail messages on your smartphone’s tiny keyboard the minute you get out of a meeting. Get back to your office, laptop, or tablet, where you can craft a better response in less time. Select a one don't of electronic email that you violated and tell a story.
In: Operations Management
Consider Commerce Clause, Dormant Commerce Clause, Supremacy & Preemption legal theory Golden is a privately-owned company engaged in the business of disposing toxic waste generated by mining companies. Golden operates pursuant to a license issued by the state of Alpha. This license authorizes Golden to contract with miners to provide the following services: (i) collection of toxic waste at mine sites, and (ii) transportation of that waste to Golden's disposal station, which is in Alpha, three miles from the border with the state of Beta. In accordance with the authority granted by its license for the past 10 years Golden has contracted to provide services to miners in Alpha. Recently, Golden expanded its business to serve the miners in Beta and emerging battery businesses across the border in Beta. Shortly after Golden extended its services to the Beta miners and plants, the residents of the town from which the toxic waste disposal station operates started complaining about the rash of skin irritations, and increased illness. Prior to Golden's expansion of service to the State of Beta miners and the battery business, the U.S. Congress has passed legislation promulgating standards for safe disposal of toxic materials including batteries. The residents petitioned the State of Alpha to close Golden's disposal station. Golden objected. The Commissioner held open hearings. Following the hearings, the state issued an order that the use of Golden's disposal station would be limited to toxic waste from Alpha miners only. The Beta miners and battery businesses were barred from disposing of their toxic waste through Golden. Both Golden and the State of Beta have filed suit against State of Alpha seeking to rescind the order. Develop an IRAC for the constitutional legal issues. Use proper labels for all parts of IRAC ISSUE: Single sentence which links parties and legal issue through a triggering fact. RULE: Start with a General rule statement and expand outward to include elements of each rule. This may take several paragraphs to present a logical and clear progression of the rule. ANALYSIS: Present a fact summary which allows you to develop your analysis of how the rules and elements of law apply to the facts of this case. This is a logical process proceeding through rules and facts so that there is a thorough understanding of the application of law. Prior case law is cited and explained to support your analysis. CONCLUSION: A single sentence answering the question raised in the Issue Statement along with a because statement which provides a fact pivotal to the conclusion of legal application.
In: Operations Management
In: Operations Management
Zoom has gained a lot of attention because of how the company extended its technology in the global pandemic. In the same breath, the company has received harsh criticism regarding its product's security which shows that Zoom is falling short of the industry standard levels of security. As a senior executive, explain the steps you will take to fix this problem. Be sure these steps follow (i) ethical guidelines in the industry, (ii) the company's dynamic capabilities and (iii) the industry life cycle of a firm.
In: Operations Management