Describe the various elements of a control system.
In: Operations Management
Question 1: Using a computerized Inventory Management System, a
Paint Supply Store franchise continuously monitors the inventory of
all the paint located at each of their 15 stores and their
distribution warehouse. The Paint Supply Store franchise sells an
average of 32 gallons of Red Paint every week (for 52 weeks per
year, Standard Deviation of the Demand = 4 gallons). They purchase
Red Paint from their supplier at a price of $2.00 per gallon.
It takes 1.25 weeks to receive an order from the supplier.
Administrative costs for Ordering paint have been estimated to be
$15 per order.
Holding Costs = 20% of the purchase price per gallon per
year.
How much Safety Stock should the company hold to have a Service
Level of 99.0%?
A. |
4 gallons of paint |
|
B. |
91 gallons of paint |
|
C. |
53 gallons of paint |
|
D. |
10 gallons of paint |
|
E. |
298 gallons of paint |
Question 2:
Joe's Window Washing is searching for an ideal location to
support its Houston customers. It washes windows in three
neighborhoods.Plotting the center of each neighborhood on an X-Y
Grid yielded the following results:
Neighborhood 1: X=
5 Y= 4 POPULATION =
10
Neighborhood 2: X=
6 Y= 3 POPULATION =
20
Neighborhood 3: X=
1 Y= 2 POPULATION =
30
Using the Weighted Center of Gravity Method, what are the X-Y
coordinates for the optimal location?
A. |
X= 0.6667 Y= 0.6667 |
|
B. |
X= 4.9444 Y= 3.5972 |
|
C. |
X= 11.7778 Y= 8.0556 |
|
D. |
X= 3.3333 Y= 2.6667 |
|
E. |
X= 4.0000 Y= 3.0000 |
In: Operations Management
Analyze the industry environment of Walmart in 2018
In: Operations Management
Why would a CRM system be beneficial to the supply chain process?
In: Operations Management
51.
When Carrie drove up in her new car, Ken told her that she had made a mistake. Even though the car was very sporty, easy on gas, and had lots of trunk space, he ignored these attributes and told her it would need to be repaired frequently. He said this because he had previously owned the same car, and that was his experience. This is an example of
Group of answer choices
Self-serving bias
stereotyping
projection
overconfidence
52.
_______ has been found to be more important than other traits in the success of CEOs of private equity companies.
Group of answer choices
Agreeableness
Extraversion
Openness to experience
Conscientiousness
53.
________ leaders inspire followers to transcend their self-interests for the good of the organization and can have an extraordinary effect on their followers.
Group of answer choices
Transactional
Task-oriented
Laissez-faire
Transformational
54.
Mr. Henshaw, CEO of MBA Bank, decides that the organization needs to provide more convenient service to customers. He decides to increase the bank’s service hours from 8 hours a day, Monday through Friday, to 12 hours a day, plus 8 hours a day each weekend day. He has his assistant compile a report that gives data on how the number of open hours of many banks is correlated with their customers’ satisfaction, and presents the data to his executive committee. What stage of Lewin’s change process is Mr. Henshaw operating in?
Group of answer choices
reinforcement
refreezing
unfreezing
freezing
55.
Abis Sneakers & Stuff states that it plans to be “the number one athletic company in the world.” What does this represent?
Group of answer choices
organizational structure
vision
strategic plan
mission statement
56
A(n) ______ is someone who is a catalyst in helping organizations to deal with old problems in new ways.
Group of answer choices
initiator
change agent
mentor
recipient
57.
For an OB team project, you have been assigned to a group of classmates to complete an assignment. According to the Punctuated-Equilibrium Model, teams tend to experience ________ about halfway between the first meeting and the assignment deadline.
Group of answer choices
transition
equilibrium
mid-life crisis
stagnation
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58.
Marion will receive a promotion and a raise if she completes a difficult assignment. This is an example of
Group of answer choices
extrinsic motivation.
organizational citizenship behavior
job satisfaction
intrinsic motivation
59.
An artifact is
Group of answer choices
part of the organization’s structure.
a physical manifestation of an organization’s culture.
an explicitly stated value preferred by the organization.
an organizational value that has become taken for granted.
60.
Hilton is a hospitality company, whose __________ is “dedicated to providing high-quality desserts in a comfortable atmosphere for clients who seek a fun gourmet experience outside restaurants.”
Group of answer choices
vision statement
SWOT analysis
mission statement
strategic plan
In: Operations Management
Talk about amazon/jeff bezos and how it relates to privilege of the masculine and the ways in which subordination and exploitation are normalized.
In: Operations Management
If a business plan is to be used to raise capital, then why would the entrepreneur want to advertise the firm’s major risks by detailing them in the business plan?
In: Operations Management
What is the purpose of the business plan if the audience is a. The Entrepreneur b. The investor c. Key supplier
In: Operations Management
Throughout this course, you will complete assignments that lead up to a final project. The project, titled “Consultant to the Client Organization,” is based on a scenario presented below. It may be helpful to refer back to this scenario as you complete each assignment.
Consultant to the Client Organization
Fig Technologies is a global technology solutions firm with offices around the globe. Fig Technologies’ corporate headquarters is just outside Mobile, Alabama. Fig recently acquired several smaller firms in different regions to expand its products and service lines. Assimilating the processes, systems, and human capital has presented a significant challenge. The leadership has chosen to bring in an outside firm to address concerns. You are the consultant from that firm, The Solution Group.
In each of the assignments in this course, you will be given a scenario to address the concern that is presented. You will be expected to develop assessment, analysis, and research in order to support your proposed solution. Often, you will be asked to present the top three solutions for the concern and support your answer. Use of course materials (textbook and required readings) and external credible materials is strongly encouraged. The scenario is not intended to have a set answer but to develop critical thinking on what can often be very emotional and opinion-based topics. Consider carefully your position and how you will support the proposed solutions.
Grading will not require simply meeting format standards and word count. It will require substantive content, research, and critical thinking. Each assignment will be a section of a comprehensive report that will be submitted to the Fig Technologies Executive Leadership Council (ELC) in written form in Unit VII. The presentation will be made in Unit VIII. Consider as you work on each assignment how it will fit into the final report that will be sent to the ELC for review. The final report will include recommendations for continued improvement regarding managing diversity in the organization.
The project serves as an opportunity to stretch your thinking and your organizational skills whether you are a business or human resources major. Working in an organization or being contracted to an organization will require this type of thinking from you as to how you will handle diversity issues within an organization. The project and the course will allow you to build a solid foundation to build upon while also enriching your resource library on the topic for future business world opportunities.
Click here to download a copy of these instructions for the project scenario.
Fair Treatment of Ethnicities
The Executive Leadership Council (ELC) has authorized The Solution Group, (the company you work for) to assess assimilation of recent transfers into the workplace environment in the newly opened IT division of Fig Technologies in Tyler, Texas. The Tyler IT division was aligned with its counterparts in Qatar and Germany. In an effort to assimilate the newly formed virtual teams, a contingent from each of the three offices went to the other offices for a two-month immersion. The purpose of the short-term exchange was to learn culture, process, and systems. Some hostilities have been reported in all three offices by team members as to difficulties with the visiting team members. The ELC wants more information.
Your objective is to determine how to assess the assimilation progress of workers to different people and cultures. Is there acceptance? What are possible roadblocks and obstacles (e.g., language, common terminology, customs, and work ethics). As a consultant, how would you complete this assessment and report results?
Your assignment instructions are as follows:
1. Introduce the composition of the three 10-member teams in each of the sites. You do not need names, though you should develop an ethnically diverse team of locals and visitors from the other respective worksites and national cultures. Explore the differences in culture, perspective, and experience of your team. Include whether the work culture in these countries is individualistic or collective. This section should be 200 words, approximately half of a page.
In: Operations Management
Question : What are the benefits of searching for reviews or guides online before purchasing a product or buying services, and what are the pros and cons of using it.
In: Operations Management
In: Operations Management
After you complete the Practice Tasks, you learn about new developments at Game Technology. Your initial design was good, but the team leader wants you to try another approach. She put these questions to you: "Should corrective maintenance get a higher prioritythan other types of maintenance? Why or why not? Should cost-benefit issues be considered? If so, how would this be done?" Also, your security plan was good, but did not go far enough. The team leader wants you to include at least five more types of attacks, with examples and suggested responses.
Task 1. Revise the simulated attack plan by including five more types of attacks, with examples and suggested responses.
Task 2. Consider the team leader’s questions carefully. When you reply, include a revised grid design as needed.
In: Operations Management
41.
Which term refers to many markets that are worldwide and are served by international or multinational corporations?
Group of answer choices
industrialization
transnational
localization
globalization
42.
Shari, who works in Copenhagen; Darnell, who works in Chicago; and Montel, who works in Montreal convene for a teleconference each Tuesday morning to discuss the status of their project for their New York-based employer. These coworkers are part of a(n)
Group of answer choices
localization strategy.
groupthink
advising group.
virtual team.
43.
In the economic approach to organizational change, the change is driven
Group of answer choices
from the top-down.
from the bottom-up.
along parallel lines.
from within.
44.
A successful change approach would
Group of answer choices
create a readiness for change.
cancel momentum for change.
accept resistance to change.
focus only on the future state of change.
45.
Joyce, a recent College of Business graduate, has been working several months as a sales person for a small manufacturer of computers. However, her sales manager is concerned about her performance. He is aware that Joyce wants very much to have high sales in order to participate in the company’s generous incentive bonus plan. She has expressed her satisfaction with the way the plan operates, and was clearly in agreement that there is a booming demand for computers and word processors in the market area. He is puzzled, therefore, by her poor performance. He should take which of the following actions?
Group of answer choices
Talk with Joyce, stressing how she can benefit financially from increased sales.
Post sales performance results in the office so everyone can see sales persons’ performance.
Tell Joyce that unless she reaches her quota within the next three months, she will be terminated from employment.
Do nothing. Her performance should soon be improving.
Ask Joyce to accompany him on sales calls to several new customers.
46
Lewin’s three-stage model and Kotter’s eight-stage model are used by organizations to
Group of answer choices
create an organizational hierarchy.
collect raw data.
implement planned change.
demonstrate organizational resistance.
47.
Kotter’s model suggests a stage of empowering others to act on the vision. This is comparable to the ____ stage in Lewin’s model.
Group of answer choices
moving
unfreezing
refreezing
holding
48.
Susan is highly frustrated with the negative inequity (under-rewarded) she perceives at work. Which of these can help her reduce inequity?
Group of answer choices
Exert less effort
Conclude that the comparison other works harder
All of these
Ask for a raise
49.
After which stage of a group's development has the group formed a common set of expectations of member behaviors?
Group of answer choices
storming
norming
performing
forming
50.
The ________ element of motivation describes how hard a person tries.
Group of answer choices
intensity
persistence
direction
intelligence
In: Operations Management
In Airbnb, What is different between International/Local Managers? and what The Manager-Leader Paradigm?
What Differences between Greece and U.S. Leadership Styles?
Attitudes of Greece Managers toward Leadership Practice?
In: Operations Management
Over the past 50 years, the term diversity has evolved and taken on different meanings to different people. Is the talk of diversity unifying or further dividing people, teams, and organizations? Why?
In: Operations Management