Questions
Complete a qualitative risk assessment and response planning of each of the risk identified in Project...

Complete a qualitative risk assessment and response planning of each of the risk identified in Project 1: Risk Identification (at least 10 risks). Use at least 1 of each of the threat risk response strategies for your response planning.

THE 10 RISKS:

Risk Statement/Description
Project prupose and need is not well defined.
Scope creep
Project schedule is not clearly defined or understood
Lack of communication, causing lack of clarity and confusion
No control over staff proprities
Consultant or contractor delays
Unresoulved project conflicts not escalated in a timely manner
Delay in earlier project phases jeopardizes ability to meet fixed date.                                                           For example delivery of just in time materials, for conference or launch date.
Added workload or time requirements because of new direction, policy, or statute
Stakeholder action delays project

Rubric

Task Point Value (out of 100)
Proper APA format, spelling, grammar, citation, and organization of writing 10 points
Risk Assessment 20 points
Risk Response Planning 50 points
Clear Format and Easy to View/ Report 20 points

In: Operations Management

HT Corporation, a manufacturer of heavy trucks had a long, sad and bitter history of employee...

HT Corporation, a manufacturer of heavy trucks had a long, sad and bitter history of employee relations. The company openly practiced "management through terrorism". Engineers and technicians dominated the culture. One of the company's assembly plants devoted major resources to statistical process control. An entire department staffed with engineers and Quality specialists justified its existence by keeping control charts. The engineers collected and stored data on a computer and posted the charts in every production department once each week. They also posted lists of problems and defects attributable to each department. Another department kept itself busy with "work redesign" and "assembly line balancing". The plant was highly product focused. Material moved smoothly from one operation to next. Subassemblies flowed into assemblies like the tributaries of a river, all moving toward the final assembly line.

Despite this effort, quality was mediocre at best. HT Corporation devoted more factory space to rework and repair operations than to the original assembly. The individual and social aspects of the system were largely ignored. People lacked interpersonal skills, common goals and trust and they could not hope to attain these qualities under the existing power structure and reward system.

Answer the following Questions with 150-200 words.

If you take over as the Quality Manager of HT Corporation, what changes would you make?

In: Operations Management

Financial technology, also known as FinTech is an industry composed of companies that use new technology...

Financial technology, also known as FinTech is an industry composed of companies that use new technology and innovation with available resources in order to compete in the marketplace of traditional financial institutions and intermediaries in the delivery of financial services.

The use of mobile apps is embedded in the average Mauritian’s everyday life while the country already provides services such digital insurance, mobile banking amongst others.

Several enterprises, particularly those aiming towards Africa, are already using Mauritius as a viable Fintech platform. The stable business climate and well-established corporate governance culture in Mauritius, favorable time zone, excellent connectivity and highly-educated labour, mitigates the high-risk profile of certain African countries.
QUESTIONS

1. Considering the Mauritian context, list and explain the benefits of Fintech.

2. Considering the Mauritian context, justify what could be the possible drawbacks of FinTech.

3. Select a local company of your choice which provides FinTech services and:

Explain the services provided by the chosen company & justify why the provided services falls under the FinTech umbrella of technologies.

4. The Mauritius Central Automated Switch (MauCAS) is a novel state-of-the art digital hub fully owned and operated by the Bank of Mauritius for routing payments among operators on a 24x7 basis. Do you believe MauCAS will be a success or failure in Mauritius? Justify your answer.

In: Operations Management

Three page article critique on Hurd, R. W. (2013). Moving beyond the critical synthesis: Does the...

Three page article critique on

Hurd, R. W. (2013). Moving beyond the critical synthesis: Does the law preclude a future for US unions? Labor History, 54(2), 193-200.

This article is a reflective essay that assesses the strength of comments made by Christopher L. Tomlins in his book The State and Unions (1985), which looks back over the past quarter century. Various predictions were made concerning union decline and failed revival efforts as well as counterfeit rights offered to the U.S. working class.

Article critique should address the questions below.

  • What are the author’s main points?
  • Do the arguments presented by the author support the main point?
  • What evidence supports the main point? For example, if Tomlin’s thesis that the New Deal offered only a counterfeit liberty to labor is true, what effect does that have on employee morale?
  • Briefly describe two collective bargaining strategies companies use when dealing with unions. How can these strategies affect employee morale?
  • What is your opinion of the article?
  • What evidence, either from the textbook or from additional sources, supports your opinion?

In: Operations Management

Write a paper about how “ Free study application “ is aligned with developing trends among...

Write a paper about how “ Free study application “ is aligned with developing trends among each: social, environmental, technological, economic and political ) and how this topic connects to the world future vision. Please each topic in a paragraph .

In: Operations Management

NGO Médecins Sans Frontières (The doctors without borders is officially known as Medicine sans frontieres is...

NGO Médecins Sans Frontières
(The doctors without borders is officially known as Medicine sans frontieres is an NGO of French origin best known for its project in conflict zones and in countries affected by endemic disease.)

write a non-governmental organization (NGO) that operates in the health sector. Research the Médecins Sans Frontières organization that you plan to write about for this . NGOs websites or other publications are a good place to start, however, your research should include more sources than just an organization's website.

In: Operations Management

The following gives the number of accidents that occurred on Florida State Highway 101 during the...

The following gives the number of accidents that occurred on Florida State Highway 101 during the last 4​ months:                                                                                                   Month Jan Feb Mar Apr Number of Accidents 25 45 70 105 Using the least-squares regressionLOADING... ​method, the trend equation for forecasting is ​(round your responses to two decimal ​places)​: ModifyingAbove y with caret ​= nothing ​+ nothingx

In: Operations Management

What are some Macro and Micro Political Risks for Germany?

What are some Macro and Micro Political Risks for Germany?

In: Operations Management

Answer the following question in 200 to 300 words. Discuss the value of corporate social responsibility...

Answer the following question in 200 to 300 words.

  • Discuss the value of corporate social responsibility (CSR), and determine if Caterpillar Inc.’s CSR meets those values.
  • Analyze the role of ethics and social responsibility in developing Caterpillar Inc.’s strategic plan while considering stakeholder needs and agenda.

In: Operations Management

Select five operational manuals for five different products that used for the same purpose from five...

Select five operational manuals for five different products that used for the same purpose from five different suppliers. The suppliers should be from different continents. Review these manual and conduct a comparison between them. Based on your analysis of these manuals, prepare a report about your findings.

In: Operations Management

Explain sequencing activities. How important is this process? Explain the various types of dependencies that they...

Explain sequencing activities. How important is this process? Explain the various types of dependencies that they need to be aware of in managing projects.

In: Operations Management

what is the operation plan in the section of business plan for Personal Shopper business

what is the operation plan in the section of business plan for Personal Shopper business

In: Operations Management

Examine the challenge of determining an ethical issue in business. (The response should be 350 to...

Examine the challenge of determining an ethical issue in business.

(The response should be 350 to 500 words long)

In: Operations Management

The Company is LYNC Logistics, LLC. What is an organizational culture? Organizational culture-he system of shared...

The Company is LYNC Logistics, LLC.

What is an organizational culture?

Organizational culture-he system of shared actions, values, and beliefs that develops within an organization and guides the behavior of its members

Subcultures: are groups of individuals who exhibit unique partners of values and philosophies consistent with the dominant culture of the larger organization or system.

Counterculture: are groups in which patterns of values and philosophies outwardly reject those of the organization or social system.

Observable culture: is the way things are done in an organization.

Non-observable culture: Values and norms inform workers about what goals they should pursue and how they should behave to reach these goals- basic belief about condition that is important.

How do you understand an organizational culture?

Sagas- Heroic accounts of organizational accomplishments.

Rites- Standardized and recurring activities that are used at special times to influence organizational members.

Rituals- are systems of rites.

Myths- Unproven and often unstated beliefs that are accepted uncritically.

Enable managers to redefine impossible problems.

Facilitate creativity.

Allow managers to govern.

Shared values -Help turn routine activities into valuable and important actions.

-Tie the organization to the important values of society.

-May provide a very distinctive source of competitive advantage.

Required:

Company Name- LYNC Logistics, LLC

Company owner- Cynthia P. Lee

Company location: Chattanooga TN

You need to start with one short paragraph that briefly introduces the company and it is just a few sentences. Then your choice of any 3 key organizational culture factors discussed above. Compare those cultural factors. Discuss also how this fastest growing women owned lead company compares to more traditionally founded (female?) organizations. Please write 500 words.

Please write in your own words and write appropriate answers.

(Here are questions to prompt your thinking. Don’t answer them- Just let them help you get your juices flowing!

What kind of culture (as described I above) exists the company of LYNC Logistics, LLC ? Are there subcultures? Countercultures? How does the organizational culture function? Are there differences between the observable and unobservable organizational culture? How are decisions made? What organizational myths, sagas, rites, and rituals seem to exist there? How do the shared values compare to above discussion of shared values? What are the firm’s ethics? Does their organizational culture seem to support those stated ethics? What else did you know about organizational culture that seems pertinent to you when examining this firm? Did you find the company’s mission statement and goals or strategic plan? How is innovation treated in the company?)

In: Operations Management

A company assembles and sells skateboards. One popular model is the "ICE". The final assembly plan...

A company assembles and sells skateboards. One popular model is the "ICE". The final assembly plan for April to September, which also represents 50% of a full year’s demand:

Month April May June July August September October
Forecast (units) 5000 7000 10000 2000 4000 3000 ?
Demand (units) 4500 8000 10000 1900 4000 3200 ?

The company is using MRP. The forecast for Skateboard ICE for the next coming six weeks:

Week w36 w37 w38 w39 w40 w41
Demand (forecast, units) 750 750 750 900 950 1000

The company are buying all components from different suppliers. They are only making the wheel assembly and the assembly of the final skateboard, see also the diagram above.

Item Stock level Value/item Lot size Lead time (weeks)
Skateboard ICE 1800 $250.00 2000 1
Decks 4000 $20.00 1500 2
Wheel assemblies 1200 $80.00 Even hundreds 1
Bolts and Nuts, M6 25000 $0.50 50000 1
Risers 30000 $1.00 50000 1
Wheels 20000 $8.00 40000 2
Bearings 40000 $4.00 50000 2
Trucks 2000 $19.00 ? 2
Nuts, M8 50000 $0.25 100000 1

The company has an ordering cost of $150/order and the inventory carrying cost is estimated to 10%.


3a. If we use moving average with n=5, what is the forecast for Skateboard ICE for October?

3b. If we use exponential smoothing with α=0.3, what is the forecast for Skateboard ICE for October?

3c. Suppose it's now week 35. In what week should production of wheel assemblies start?

3d. In relation to question 3c above, what quantity of wheel assemblies will be needed?

3e. The company have had some problems with the supplier of the truck parts and therefore want to review the setup. But first they want to check how many truck parts they should order each time by calculating the Economic Order Quantity (EOQ).

What quantity of truck parts should the company order?

3f. The supplier of the truck parts replies to the company that if they order in lots of 10 000 each time, they will get a 5 % discount.

What is the total cost for the truck parts if the company order 10 000 each time?

In: Operations Management