The topic of the paper is whether or not it is the responsibility of business to address social issues. Instructions: Choose one side. Defend your opinion 'for' or 'against' Corporate Social Responsibility, using Goldman Sachs as an example. 500 words
In: Operations Management
In: Operations Management
You are a city manager, you are concerned about reports of poor interactions between police and minority communities in a neighboring city. From time to time, reports have been filed by minority citizens about police conduct in your city as well they have been generally minor matters, and have not lead to any unrest, media attention, disciplinary action or lawsuits. Still, you wish to to ensure that future conduct will reduce the possibility of poor or even conflictual interactions. What steps might you undertake?
Questions: Would training be helpful? What might this consist of? What other efforts should be undertaken as well to further the impact of the training? Should there be any follow up? How can you know whether the training was beneficial?
Thank you for your help. The response should be around 300 or so words.
In: Operations Management
Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The labor-hour requirements, by department, are as follows:
During the next production period the labor-hours available are 450 in department A, 350 in department B, and 50 in department C. The profit contributions per unit are $28 for product 1, $30 for product 2, and $25 for product 3.
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In: Operations Management
How many observations should a time study analyst plan for in an operation that has a standard deviation of 3.23 minutes per piece if the goal is to estimate the mean time per piece to within .16 minute with a confidence of 98.36 percent?
Hint: When rounding your answer follow exactly the same steps as what the equivalent problem set from your homework. Canvas will only accept the whole number. No decimal places.
In: Operations Management
Using your own words; solve the question below
In: Operations Management
Please write about the documentary movie of (Inside Job) Movie Assignment as following questions below . Don't write about Wall Street . This is the 2nd question posting
1. Discuss the serious ethical concerns for business in the "Inside Job movie".
1. How business was portrayed in the film of Inside Job. What you should find is that business is generally portrayed in negative terms. For example, most business people in these films are motivated by greed. There are exceptions. For example, in Jerry Maguire, the lead character is motivated by an ethical code. But, throughout the film, he fights the greed of others.
2. Discuss how this generally negative portrayal feeds public cynicism.
3. Why you are choosing to study business if this portrayal is accurate.
In: Operations Management
Q.1
The BOM is influenced by
A. |
The demand plan |
|
B. |
ERP calculations |
|
C. |
Engineering and design |
|
D. |
Production activity |
Q.2
October |
November |
December |
|
Demand |
25 |
21 |
38 |
Production |
20 |
20 |
37 |
Inventory |
13 |
||
3 |
||
4 |
||
14 |
In: Operations Management
explain why it's hard for people to be made to sell their business or homes for the area they live in to grow and prosper?
In: Operations Management
Learning Outcome:
1. Demonstrate an understanding of how global competitive environments are changing supply chain management and logistics practice.
2. Apply essential elements of core logistic and supply chain management principles.
3. Analyze and identify challenges and issues pertaining to logistical processes.
Assignment Workload:
This assignment is an individual assignment.
Critical Thinking
The global marketplace has witnessed an increased pressure from customers and competitors in manufacturing as well as service sector (Basu, 2001; George, 2002). Due to the rapidly changing global marketplace only those companies will be able to survive that will deliver products of good quality at cheaper rate and to achieve their goal companies try to improve performance by focusing on cost cutting, increasing productivity levels, quality and guaranteeing deliveries in order to satisfy customers (Raouf, 1994).
Increased global competition leads the industry to increasing efficiency by means of economies of scale and internal specialization so as to meet market conditions in terms of flexibility, delivery performance and quality (Yamashina, 1995). The changes in the present competitive business environment are characterized by profound competition on the supply side and keen indecisive in customer requirements on the demand side. These changes have left their distinctive marks on the different aspect of the manufacturing organizations (Gomes et al., 2006). With this increasing global economy, cost effective manufacturing has become a requirement to remain competitive.
To meet all the challenges organizations try to introduce different manufacturing and supply techniques. Management of organizations devotes its efforts to reduce the manufacturing costs and to improve the quality of product. To achieve this goal, different manufacturing and supply techniques have been employed. The last quarter of the 20th century witnessed the adoption of world-class, lean and integrated manufacturing strategies that have drastically changed the way manufacturing firm’s leads to improvement of manufacturing performance (Fullerton and McWatters, 2002).
Consult chapter 7 of your text book or secondary available data on internet and answer the following questions.
Question:
The Answer should be within 4- 5 pages.
The Answer must follow the outline points below:
Ans 1:
Ans 2:
Ans 3:
Ans 4:
In: Operations Management
Discussion Post Chapter 11: Pricing Strategy
Instructions
Write a post for the Discussion Forum on this topic, addressing the questions below. You may use either a written paragraph or bullet-point format. Part 1 should be 2–3 paragraphs in length or an equivalent amount of content in bullet-point form. Responses to your classmates’ posts should be 1–2 paragraphs or several bullet points in length.
Part 1: Pricing Strategy
Briefly describe pricing for your product or service. How does this compare to competitors, assuming competitors are at or near break-even point with their pricing? Analyze pricing alternatives and make recommendations about pricing going forward based on the following:
What does the price say about your product in terms of value, quality, prestige, etc.?
Part 2: Respond to Classmates’ Posts
After you have created your own post, look over the discussion forum posts of your classmates and respond to at least two of them.
Part 3: Incorporate Feedback
Review the feedback you receive from classmates and your instructor. Use this feedback to revise and improve your work before submitting it as part of the “Complete Marketing Plan” assignment.
In: Operations Management
The SWOT analysis .
In: Operations Management
1 Frito-Lay’s Quality-Controlled Potato ChipsFrito-Lay’s Quality-Controlled Potato Chips Frito-Lay, the multi-billion-dollar snack food giant, produces billions of pounds of product every year at its dozens of U.S. and Canadian plants. From the farming of potatoes—in Florida, North Carolina, and Michigan—to factory and to retail stores, the ingredients and final product of Lay’s chips, for example, are inspected at least 11 times: in the field, before unloading at the plant, after washing and peeling, at the sizing station, at the fryer, after seasoning, when bagged (for weight), at carton filling, in the warehouse, and as they are placed on the store shelf by Frito- Lay personnel. Similar inspections take place for its other famous products, including Cheetos, Fritos, Ruffles, and Tostitos. In addition to these employee inspections, the firm uses proprietary vision systems to look for defective potato chips. Chips are pulled off the high-speed line and checked twice if the vision system senses them to be too brown. The company follows the very strict standards of the American Institute of Baking (AIB), standards that are much tougher than those of the U.S. Food and Drug Administration. Two unannounced AIB site visits per year keep Frito-Lay’s plants on their toes. Scores, consistently in the “excellent” range, are posted, and every employee knows exactly how the plant is doing. There are two key metrics in Frito-Lay’s continuous improvement quality program: (1) total customer complaints (measured on a complaint per million bag basis) and (2) hourly or daily statistical process control scores (for oil, moisture, seasoning, and salt content, for chip thickness, for fryer temperature, and for weight). In the Florida plant, Angela McCormack, who holds engineering and MBA degrees, oversees a 15-member quality assurance staff. They watch all aspects of quality, including training employees on the factory floor, monitoring automated processing equipment, and developing and updating statistical process control (SPC) charts. The upper and lower control limits for one checkpoint, salt content in Lay’s chips, are 2.22% and 1.98%, respectively. To see exactly how these limits are created using SPC, watch the video that accompanies this case.
Discussion Questions* 1.Angela is now going to evaluate a new salt process delivery system and wants to know if the upper and lower control limits at 3 standard deviations for the new system will meet the upper and lower control specifications noted earlier.
She picks a sample of four each hour for 5 hours. The data (in percent) from the initial trial samples are:
Sample 1: 1.99, 2.0, 2.08, 1.99
Sample 2: 1.98, 2.11, 2.15, 2.06
Sample 3: 2.01, 2.08, 2.14, 2.16
Sample 4: 2.18, 2.01, 2.23, 1.98
Sample 5: 2.20, 2.10. 2.20, 2.05
Analyze the data and draw the 푿푿� and R control charts in Microsoft Excel including the upper and lower control limits. (Hint: There is no population standard deviation available so you need to get A2, D3 and D4 for upper and lower limits)
2.Given these data and your analysis, what conclusion do you, as a Frito Lays quality control inspector, draw from this process? What report do you issue to your supervisor Angela? Explain your findings and decision based on the data analysis. (Hint: by monitoring the performance in these five hours, what will happen in the following hours as you observe from here?)
3.What are the advantages and disadvantages of Frito-Lay drivers stocking their customers’ shelves? Remark: Answer Question 1 in Excel File and Question 2 and 3 in Word file
In: Operations Management
Q.1 Inventory Location Balance Accuracy is
A. |
Not necessary for planning. |
|
B. |
The measurement in the S&OP process of how much finished goods inventory a company has compared to planned levels. |
|
C. |
The accuracy of the perpetual balances in the ERP system. |
|
D. |
Only important to accounting functions and not to manufacturing. |
|
E. |
B and C |
Q.2 An MRP explosion
A. |
Requires immediate attention from the IT department |
|
B. |
Requires access to open PO (purchase orders) to work correctly |
|
C. |
Happens rarely in manufacturing |
|
D. |
Requires alternative routings to work effectively |
In: Operations Management
South Shore Construction builds permanent docks and seawalls along the southern shore of Long Island, New York. The following data show quarterly sales revenues (in $’000s) for the past 5 years.
Quarter |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
1 |
20 |
37 |
75 |
92 |
176 |
2 |
100 |
136 |
155 |
202 |
282 |
3 |
175 |
245 |
326 |
384 |
445 |
4 |
13 |
26 |
48 |
82 |
181 |
Question 4
Now make adjustments for trend and seasonality.
Question 5
Using the method in Question 4, calculate forecasts for each of the 4 quarters of Year 6. These forecasts should be adjusted for both trend and seasonality.
In: Operations Management