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.

Using your own words; solve the question below

1. Explain what an (OLAP) system does.
2. Why are data in databases volatile?
3. What are the differences between databases and data warehouses?
4. Why might a company invest in a data mart?
5. Describe data mining.
6. What is text mining?
7. What are the business benefits of BI?

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.

Q.1

The BOM is influenced by

Q.2

1. Based on the production plan below, how much ending inventory is there at the end of December if the ending inventory of MTS goods in September was 10?

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?

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:

1. Why Companies adopted Lean Thinking and JIT model?
2. Discuss major types of Waste, companies has to keep in mind during production.
3. Assess the reasons for using lean thinking (suitable examples), what are the benefits from Suppliers to end users?
4. Due to COVID 19 emergency do you think agile supply chain is the right concept in this kind of situation? Give reason with example.

The Answer should be within 4- 5 pages.

The Answer must follow the outline points below:

• Lean Thinking and JIT Concept
• Agile Supply chain
• Their Main functions
• Reasons with suitable Examples
• Reference

Ans 1:

Ans 2:

Ans 3:

Ans 4:

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:

• How sensitive are your customers to changes in price?
• What revenue do you need to break even and achieve profitability?

• 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.

The SWOT analysis .

• This is an analysis of the current internal and external situation with options for a new strategy for a home improvement retailer - Home Depot
• You will analyze the company in terms of an expanded SWOT analysis using the 9 box format .
• Your task is to
  • create the 9 box swot analysis for the company and
  • summarize your findings and recommendations in a paragraph.

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

Q.1 Inventory Location Balance Accuracy is

Q.2 An MRP explosion

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.

Question 4

Now make adjustments for trend and seasonality.

1. Quantify the trend in the time series. What does the trend equation tell you?
2. Quantify the seasonality in the time series by calculating seasonality indexes. What do these indexes tell you?
3. Using the trend and the seasonality information from (a) and (b) make forecasts from Q1 Year 1 through Q4 Year 5.
4. Calculate the Mean Absolute Percent Error for this set of forecasts.
5. Plot the forecasts from (c) on the graph in Question 1. Your graph should now have the original data and 3 sets of forecasts plotted on it. Label the different plots appropriately.

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.

Imagine that you are a systems administrator withing your company that has decided to leverage Azure for resource deployment. You have done research on Azure and learned about Azure Automation and how it can help simplify some of the management and configuration activities you execute on a daily, weekly, and monthly basis. You decide that you want to recommend piloting Azure Automation to show the value, but need to decide on one or two tasks to prove the value of Azure Automation to your manager.  

Thinking about the various management and configuration tasks that happen within an on-premises and/or cloud environment, what one or two tasks would you recommend as candidates for this pilot. Why would your pilot these tasks? Examples of candidate tasks may pertain to security, system maintenance, and/or service configuration at the resource level.

Consider a nonproduction support function (accounting, marketing, MIS, HR, etc.) that you have experience with or interest in.

• Name the department and briefly discuss how the four concepts of lean can/should be applied to that activity.
• What can that department do to become lean?