4.If you had the choice, would you choose a computer-based training program or a traditional classroom program? Which would you prefer, and why? Do you think your satisfaction, learning, and performance would differ in a computer-based program versus a traditional classroom program? Explain your reasoning.
8.Research on the effects of computer-based training has found that it is more effective than classroom instruction when trainees can choose the program (computer-based or classroom) and when the instructional methods used to deliver the programs are different. What are the implications of these two findings for understanding the effects of computer-based training and for the design and delivery of computer-based training programs?
10.What does learner control refer to and what role does it play in technology-based training? Why is learner control not always effective? What can be done to make it more effective?
In: Operations Management
Orange County Community Health Plan must be able to generate certain data sets in order to compute the break-even point for the proposed new satellite facility. Some of these data elements can be obtained from existing information systems, and others must be estimated or obtained through surveys. The available data include the following: |
a. Data from existing information systems: Total variable costs $180,000 per 100 enrollees or $1,800 per enrollee per year |
b. Data obtained from estimates: Total fixed costs $650,000 per year |
c. Data obtained from estimates: Revenue per enrollee based upon preliminary research is $1,950 per enrollee per year |
i) Estimate the number of enrollees required for the plan to break-even. |
ii) Calculate the profit or loss if the health plan only attracted 1550 enrollees. |
In: Operations Management
Define Pick-Density and suggest three ways to improve it?
In: Operations Management
Sara’s Ice Cream Shop is closed for six months out of the year
but has had the monthly sales amounts listed below for the last
four years.
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Asssuming that there is both seasonality and a trend, estimate monthly sales for each month of the coming year.
2021 | |
MAY | |
JUNE | |
JULY | |
AUGUST | |
SEPTEMBER | |
OCTOBER | |
In: Operations Management
Herman, the owner of a furniture store, and Walt, owner of a
website that sells furniture, spoke on the telephone about the
possibility of Walt selling an Acme brand table to Herman. They
orally agreed that Walt would sell Herman the table for $750 to be
delivered in one month. After finishing the phone conversation,
Walt wrote a note to Herman saying, “This is to confirm our
contract for the sale of one Acme brand marble table for $750.
(signed) Walt.” Walt sent the letter to Herman’s office in an
envelope marked “Important: contract confirmation enclosed.” Herman
received the letter the next day, read it, and put the letter in a
file although he was not happy with the terms of the deal. Two
weeks later, Herman called up Walt and told him that he (Herman)
did not intend to be bound by their agreement. Walt then sues
Herman for breach of contract. Herman pleads the Statute of Frauds
as a defense.
a. Judgment for whom? Explain.
b. If you were Herman’s lawyer, what
would you have advised him to do to protect his rights?
Explain.
c. Would it change your answer to (a)
if neither Herman nor Walt were professionally involved in the sale
and purchase of furniture? Explain.
In: Operations Management
On, February 1, 2017, Marty, the chief fruit buyer at ACME
supermarket entered into a signed and written contract with Bruno,
a Florida-based orange supplier, to purchase 1,000 crates of
oranges for $75 per crate, to be delivered to ACME on June 1,
2017.
a. Unfortunately, the weather in
Florida was colder than usual that spring and Bruno’s orange groves
produced 10% fewer oranges than in the average year. Because of the
shortage, by May 15, the market price for oranges was $85 per
crate. On May 31st, Bruno told Marty that he must pay $85 per crate
or Bruno would not deliver the oranges. Marty sues Bruno for breach
of contract and Bruno asserts “commercial impracticability” as a
defense. Judgment for whom? Explain.
b. Instead of the facts in (a),
assume that an unprecedented fruit disease killed 95% of the
Florida orange harvest during the Spring of 2017. By May 15, no
oranges grown in Florida were available to be delivered to Marty.
However, oranges grown in New Zealand were available at a price of
$800 per crate. On May 31st, Bruno told Marty that he would not be
able to perform the contract because he would be losing many
thousands of dollars on the deal. Marty refuses to accept this and
sues Bruno for breach of contract and Bruno asserts “commercial
impracticability” as a defense. Judgment for whom? Explain.
c. Later the same year, Marty decides
that ACME should start selling apples. In September, he drives to
an apple orchard in upstate New York to negotiate the purchase of
apples. Farmer Suzie takes Marty around her orchards and shows him
ten rows of Cortland apple trees. While all of the apples appear to
be of high quality, Marty is very impressed with the healthy look
of the apples in row 7 which gets more direct sunshine than the
other rows of the orchard. Marty says to Suzie, “I offer to pay
$10,000 for all of the apples in row 7 of the orchard.” Suzie
accepts this offer and the contract is put in writing and signed by
both parties. The apples from row 7 are picked and put into a truck
for delivery to Marty. On its way to New York City, the truck
suffers an accident and all the apples are destroyed. Suzie
immediately gathers all the apples from row 8 in the orchard and
attempts to deliver them to Marty. Marty refuses to accept delivery
or to pay for the apples and Suzie sues Marty for breach of
contract. Judgment for whom assuming that Marty argues “destruction
of subject matter”? Explain.
In: Operations Management
Mention A Company with the Best Supply Chain Management
Practice. How did they achieve a strategic fit,
Lean or Agile and why do you think they fall under lean or
agile.
In: Operations Management
What are the six stages of the personal selling process? What is the objective of each stage? Would you like a career in sales? Why or why not?
Describe the key elements of the communication process and draw a diagram. Why does the model fail to work sometimes?
In: Operations Management
What are three general approaches to obtaining an expert system? Give one advantage and one disadvantage for each approach.
In: Operations Management
MERGERS AND ACQUISITION
DEUTSCHE BANK AND BANKERS TRUST
Deutsche Bank was in the process of strategic transformation from a German bank to Global organisation but lacks sufficient present in the USA. Ed acquired Bankers Trust to address this and was particularly interested in the investment Bank Alex Brown acquired by Bankers Trust 2 years earlier.The success of the position has been largely attributed to the pre-integration period or courting phase. Here during the due diligence period the period of time between announcing and closing the m&a deal, Can any pendant cultural assessment exercise was commissioned by Deutsche Bank senior management. The cross organisational perceptions of employees revealed that:
1.Deutsche Bank employees did not feel the acquisition of Bankers Trust will enhance their business.
2.The integration of Alex brown and Bankers Trust had not been managed effectively causing internal conflict and a loss of identity among Alex Brown employees.
3. Bankers Trust felt that Deutsche Bank typified the traits of bureaucracy hierarchy and slow decision making that are associated with German companies.
This finding led senior management to:
During the integration phase: the marriage a number of HR initiatives were introduced to facilitates organizational integration:
BRITISH PETROLEUM AND AMOCO
The merger between two large British and US Petroleum Companies has been hailed as a success by its managers because it was achieved faster and created greater synergy than forecast.As with Deutsche Bank, The management of the pre-merger phase was seen as crucial to the success. This involved the creation of an integration team who use the due diligence period to assess the potential synergies that could be produced by combining head offices and merging operating divisions.
Managing the post-merger “marriage phase” revolved around five areas:
VOLVO AND FORD
This merger between a large Swedish organisation and Huge Anglo-Saxon Corporation had to confront many cultural differences between the two. employees perceived Volvo as operating Within decentralized and participated management philosophy where teamwork and devolved decision-making were the accepted norm and where personal credibility was derived from expertise not position in the organisation hierarchy. these characteristics were reflected in the management of Industrial relation where Union Representatives and management work closely together to improve business performance. In contrast, Ford what perceived as highly structured in hierarchical, with status differential between blue and white collar workers and with a more confrontational industrial relation climate. For Volvo employees, the transitions was also more marked as they moved from a position where a Volvo represented 51% of the previous AB Volvo group to where it represented only 8% of Ford’s total business.
Structural reorganisation was a key outcome of the mergers. 2 major divisions were created. The first brought the premium products under one roof (Jaguar, Land Rover, Aston Martin and Volvo)- The Premium Automotive Group. The second Ford cars covers the more traditional mass market product offerings.
The due diligence period focus on exploring the potential for financial synergies cultural issues were not explored at this time but immediately after the merger was finalize an integration team comprising 18 matched pairs of Ford and Volvo executives was formed. They were task to work together on an equal basis to establish further synergise in specified areas such as marketing, purchasing and research. The integration team was seen as an important vehicle for overcoming cultural differences.
Case study questions
If you had been responsible for the HRP dimension of each of the three mergers situations which do you think was handled effectively? and why?
Please provide very detail and comprehensive answer.
In: Operations Management
MERGERS AND ACQUISITION
DEUTSCHE BANK AND BANKERS TRUST
Deutsche Bank was in the process of strategic transformation from a German bank to Global organisation but lacks sufficient present in the USA. Ed acquired Bankers Trust to address this and was particularly interested in the investment Bank Alex Brown acquired by Bankers Trust 2 years earlier.The success of the position has been largely attributed to the pre-integration period or courting phase. Here during the due diligence period the period of time between announcing and closing the m&a deal, Can any pendant cultural assessment exercise was commissioned by Deutsche Bank senior management. The cross organisational perceptions of employees revealed that:
1.Deutsche Bank employees did not feel the acquisition of Bankers Trust will enhance their business.
2.The integration of Alex brown and Bankers Trust had not been managed effectively causing internal conflict and a loss of identity among Alex Brown employees.
3. Bankers Trust felt that Deutsche Bank typified the traits of bureaucracy hierarchy and slow decision making that are associated with German companies.
This finding led senior management to:
During the integration phase: the marriage a number of HR initiatives were introduced to facilitates organizational integration:
BRITISH PETROLEUM AND AMOCO
The merger between two large British and US Petroleum Companies has been hailed as a success by its managers because it was achieved faster and created greater synergy than forecast.As with Deutsche Bank, The management of the pre-merger phase was seen as crucial to the success. This involved the creation of an integration team who use the due diligence period to assess the potential synergies that could be produced by combining head offices and merging operating divisions.
Managing the post-merger “marriage phase” revolved around five areas:
VOLVO AND FORD
This merger between a large Swedish organisation and Huge Anglo-Saxon Corporation had to confront many cultural differences between the two. employees perceived Volvo as operating Within decentralized and participated management philosophy where teamwork and devolved decision-making were the accepted norm and where personal credibility was derived from expertise not position in the organisation hierarchy. these characteristics were reflected in the management of Industrial relation where Union Representatives and management work closely together to improve business performance. In contrast, Ford what perceived as highly structured in hierarchical, with status differential between blue and white collar workers and with a more confrontational industrial relation climate. For Volvo employees, the transitions was also more marked as they moved from a position where a Volvo represented 51% of the previous AB Volvo group to where it represented only 8% of Ford’s total business.
Structural reorganisation was a key outcome of the mergers. 2 major divisions were created. The first brought the premium products under one roof (Jaguar, Land Rover, Aston Martin and Volvo)- The Premium Automotive Group. The second Ford cars covers the more traditional mass market product offerings.
the due diligence period focus on exploring the potential for financial synergies cultural issues were not explored at this time but immediately after the merger was finalize an integration team comprising 18 matched pairs of Ford and Volvo executives was formed. They were task to work together on an equal basis to establish further synergise in specified areas such as marketing, purchasing and research. The integration team was seen as an important vehicle for overcoming cultural differences.
Case study questions
Compare and contrast the three outline cases from a HRP perspective, what are the main similarities and differences between them?
Please provide very detail and comprehensive answer.
In: Operations Management
Identify five websites and or resources that would be highly beneficial for the OD practitioner.
In: Operations Management
GreenGrass is a manufacturer of lawnmowers. GreenGrass needs 40 pounds of aluminum to manufacture one lawnmower, and there is maximum 2,000 pounds available per month (you cannot store more). The manufacturing cost is $1,200 per unit during the first month, and $1,500 during the second month. Your cost of holding 1 lawnmower in inventory is estimated at $100 per month. You have to meet a demand of 30 lawnmowers in month 1, and 60 lawnmowers in month 2. In addition, GreenGrass’ plant manager wants to produce at least 20 units per month.
GreenGrass would like to minimize its total cost while meeting demand. Formulate this problem as a linear program. By following the 4 steps, write out the linear model. (25 pts.)
In: Operations Management
How does technology effect businesses? With technology constantly changing, how should business leaders respond to the acquisition of technology.
In: Operations Management
Consider the make-or-buy decision. Give three examples of situations which a business should make rather than buy. Give three examples of situations in which a business should buy, rather than make.
In: Operations Management