Questions
You are the manager of a Tim Hortons coffee shop. Describe precisely and using examples how...

You are the manager of a Tim Hortons coffee shop. Describe precisely and using examples how the information system can help you to run the business ?

In: Operations Management

Explain briefly the main challenges of business process integration for a small business with example ?

Explain briefly the main challenges of business process integration for a small business with example ?

In: Operations Management

How has technology improved the following job training methods:  Internships (3)  Business games (3)...

How has technology improved the following job training methods:

 Internships (3)

 Business games (3)

 Committee assignments (3)

In: Operations Management

Describe Samsung's vertical integration as it relates to the 5 stages of forward and backward vertical...

Describe Samsung's vertical integration as it relates to the 5 stages of forward and backward vertical integration along an industry value chain

In: Operations Management

The assignment requires me to create a PESTLE analysis for a business idea that I created...

The assignment requires me to create a PESTLE analysis for a business idea that I created which is basically a coffee shop with drawing activities.

Entrepreneurship

In: Operations Management

1. When considering the company's supply chain, explain the degree to which Samsung controls its supply...

1. When considering the company's supply chain, explain the degree to which Samsung controls its supply chain and distribution.
2. Then explain the degree to which Samsung engages in related and unrelated diversification

In: Operations Management

A manufacturer of fortune cups wants to find a new supplier for the plastic cups that...

A manufacturer of fortune cups wants to find a new supplier for the plastic cups that are used in making the fortune cups. They have an average annual demand of 1,500 for the plastic cups. For this manufacturer, 1 year is 50 weeks. The manufacturer has two suppliers that have made offers to supply the needed plastic cups. The first supplier has a lower price but a variable lead time. The second supplier has a higher price, but a constant lead time. The retailer experiences an average weekly demand of 30 plastic cups. In both cases the annual holding cost is 7% of the value of the cups and the manufacturer wishes to have a 97.5% service level.

Complete the following table; round part (e) to two decimals; round all other values to the nearest integer.

Supplier 1   Supplier 2
Price    $0.25   $0.55
Order Cost $1.00   $1.00
Holding Cost $0.02   (e)
Lead Time        1 week   1 week
Std. Dev. Of Lead Time     0.75   0
Optimal Order Quantity     (a)    (f)
ROP       (b)    (g)
Safety Stock         (c)   0
Total Cost, including Price and Safety Stock   (d)   (h)

1) What is the value of (a)?
2) What is the value of (b)?
3) What is the value of (c)?
4) What is the value of (d)?
5) What is the value of (e)?
6) What is the value of (f)?
7) What is the value of (g)?
8) What is the value of (h)?
9) Given your analysis, which supplier should the manufacturer use?
10) Give one additional consideration that the manufacturer should think about before choosing a supplier

In: Operations Management

O'Shea was considering entering into contracts with several people. If O'shea entered into a contract with...

  1. O'Shea was considering entering into contracts with several people. If O'shea entered into a contract with any of the people listed in the answer choices, which contracts would be unenforceable if the person O'shea enters into the contract with is unlicensed.  

    Electrician

    Plumber

    Lawyer

    Doctor

    A contract with any of these professionals would be unenforceable if they were unlicensed when they entered into the contract with O'Shea

2 points   

QUESTION 4

  1. Ezekiel was severely intoxicated when he entered into a contract with Jerry. Ezekiel did not understand the nature and consequences of the transaction he entered into. A court has ruled that Ezekiel can void his contract with Jerry due to his intoxication.  True or False: Ezekiel will have to make restitution to Jerry.  

    True

    False

2 points   

QUESTION 5

  1. Tony and Mike have entered into a contract with one another. Tony thinks that the contract is unconscionable.  True or False: In order for Tony to convince a court that the contract is unconscionable he must prove that there is procedural unconscionability or substantive unconscionability.  

    True

    False

In: Operations Management

how HRM practices can affect key employee behaviors for a job class and make a distinction...

how HRM practices can affect key employee behaviors for a job class and make a distinction among the nineteen dimensions of HRM practices and how they relate to a firm’s reward, staffing, training and development, and performance management.

In: Operations Management

Glow Corp. manufactures and assembles light fixtures. The fixtures consist of 4 components: a mounting panel,...

Glow Corp. manufactures and assembles light fixtures. The fixtures consist of 4 components: a mounting panel, a cosmetic ring, receptacles for the light bulbs, and a glass globe. The receptacles must be purchased, but the other components could be produced in-house. Glow must produce 8,000 fixtures in the next month. The in-house production facilities are limited, so some of the components may have to be purchased, rather than made in-house. The costs (in dollars) of manufacturing and purchasing the components are as follows:

                        Manufacture Purchase

          Mounting Panel         6          8

          Cosmetic Ring         4          7

          Glass Globe           18         23

The time in hours required to make each component in each of 3 departments is as follows:

                                Department

                             A      B      C

                                         ______________________________

          Mounting Panel     .2    .1     0

          Cosmetic Ring     .3    0     .05

          Glass Globe         0    .1    .4

                                         ______________________________

    Total Department hrs.   2000   900   3000   

Formulate a linear programming problem to determine what to make and what to buy in order to minimize total cost.  

In: Operations Management

The following table lists the components needed to assemble an end item, lead times (in weeks),...

The following table lists the components needed to assemble an end item, lead times (in weeks), and quantities on hand. Item Lead Time Amount on Hand Direct Components End 2 0 L(2), C(1), K(3) L 2 8 B(2), J(3) C 3 12 G(2), B(2) K 3 17 H(4), B(2) B 2 32 J 3 27 G 3 5 H 3 0 a. If 43 units of the end item are to be assembled, how many additional units of B are needed? (Hint: You don’t need to develop an MRP plan.) Additional units b. An order for the end item is scheduled to be shipped at the start of week 13. What is the latest week that the order can be started and still be ready to ship on time? (Hint: You don’t need to develop an MRP plan.) The latest week

In: Operations Management

Avery, Danny, LeBron, Anthony, and JaVale would like to delegate their contract duties to Michael, Ron,...

Avery, Danny, LeBron, Anthony, and JaVale would like to delegate their contract duties to Michael, Ron, Scottie, Toni, and Luke. Avery, Danny, Lebron, Anthony, and JaVale will be able to delegate their contract duties unless:  

Delegation would violate public policy

The contract prohibits delegation

There is substantial interest in their personal performance

Avery, Danny, LeBron, Anthony, and JaVale would be prohibited from delegating their contract duties in all of the listed circumstances

Michael owns a bar named Poor Richard's Pub, and he has decided to sell the bar to Dwight.  Michael would like to include a noncompete agreement in the contract to sell Poor Richard's Pub to Dwight. In order for the noncompete agreement to be enforceable, it must be:  

Ancillary to the agreement to sell Poor Richard's Pub

Reasonable in time

Reasonable in geographic area

Reasonable in scope of activity

All of these answer choices are correct

In: Operations Management

How do the information systems of iCloud change and transform organizations in terms of hierarchical structures,...

How do the information systems of iCloud change and transform organizations in terms of hierarchical structures, politics, culture, business processes or business models? Prove and support your idea.

In: Operations Management

Describe each of the five characteristics of effective control and provide an example for each.

Describe each of the five characteristics of effective control and provide an example for each.

In: Operations Management

Can Recycling be a viable economic development tool in the USA? Are there organizations (either from...

Can Recycling be a viable economic development tool in the USA? Are there organizations (either from the private or public sector) that are successfully using recycling as a source of revenue? Are they profitable? How is the China scrap ban affecting these organizations? What other countries are there with high recycling rates and what can we learn from their practices? And finally, what do you think we could be doing differently/better in our region to improve our own recycling rate and waste management practices? As a business person, what do you plan to implement in your workplace?

In: Operations Management