As an international management consultant, what advice would you give a foreign company looking to move operations to Brazil? Do you think Brazil holds the potential for future growth? As an investor, do you think the buy low mindset applies to Brazil? If not, what changes would you like to see before making any investments in the country?
In: Operations Management
Describe the concept of convergence and how it relates to technology and e-commerce.
In: Operations Management
View this article/video about a 2015 Supreme Court decision against a major clothing brand and retailer.
SCOTUS Rules in Favor of Muslim Woman in Suit Against Abercrombie and Fitch
As a manager, how would you maintain consistent standards, while also accommodating religious differences?
In: Operations Management
Historical demand for a product is
DEMAND | |
January | 15 |
February | 12 |
March | 16 |
April | 15 |
May | 17 |
June | 16 |
a. Using a weighted moving average with weights of 0.60 (June), 0.20 (May), and 0.20 (April), find the July forecast. (Round your answer to 1 decimal place.) b. Using a simple three-month moving average, find the July forecast. (Round your answer to 1 decimal place.) c. Using single exponential smoothing with ? = 0.30 and a June forecast = 11, find the July forecast. (Round your answer to 1 decimal place.) d. Using simple linear regression analysis, calculate the regression equation for the preceding demand data. (Do not round intermediate calculations. Round your intercept value to 1 decimal place and slope value to 2 decimal places.) e. Using the regression equation in d, calculate the forecast for July. (Do not round intermediate calculations. Round your answer to 1 decimal place.) |
In: Operations Management
Imagine that you are the HR manager for a new company just opening its doors in your community. The owners have asked you to prepare a vision for compensating the staff. They do not want specific policies but rather guiding principles that will help them collect data and write specific HR policies later.
Complete the following:
Describe the type of business, the number and types of employees (such as exempt and non-exempt), and the customer base you will use as your example company for this assessment, as well as the state and city or area of the state where your company is located.
Identify a business strategy that is most appropriate for the company, and include an analysis of why you believe this is the case.
Discuss the appropriate business response, HR program alignment, and compensation system for this new business.
Create a list of essential guideposts for developing a total compensation policy. In your vision, include statements that can be made public to your customers and employees.
Consider whether your vision will be strategic in a strong economy, as well as in an economic downturn. Will you be able to adapt your vision during various economic conditions?
Describe an HR program aligned with the business strategy chosen for the new company.
Describe how other existing businesses in your community affect the compensation vision and strategy of this new company. You can reference the Overview of BLS Wage Data by Area and Occupation Web page from the Bureau of Labor Statistics Web site (cited in the Resources) to help you research information for your response.
In: Operations Management
Post your article about Social Responsibility:
1. What is the article about?
2. What did you learn?
In: Operations Management
Capacity Planning
The high-end yachts could be personalized products. The current factory of Breeze Company in France could produce 600 yachts every year as maximum capacity. However, they produce only 30 yachts every month.
Explain the possible reasons why Breeze company is using large cushion in their production.
In: Operations Management
1) How doseany author explain the shareholder theory requires no ethical reasoning? and why?
2) why does use of the shareholder theory prevent effective resolution of the 13 common business practices?
In: Operations Management
In: Operations Management
There are five different types of control methods that managers can utilize to maintain control. These are bureaucratic, concertive, objective, normative and self-control (self-management).
Please compare and contrast the different types of control methods.
Please describe which method you think is the most effective and which one is the least effective.
Which method would you prefer to use as a manager? Does this differ from which method you would like to work under as an employee?
In: Operations Management
Engineering Ethics Course
Assignment: Risk, Safety, and Accidents
1. State one design criterion that should be met in order to ensure a safe design.
2. Describe the following accident types:
a. Procedural
b. Engineered
c. Systemic
In: Operations Management
Suppose you have been given responsibility for developing the six-month aggregate production plan at Soda Galore, a manufacturer of soft drinks. Your company makes three types of soft drinks: regular, diet, and super-caffeinated. Fortunately, all three types are made using the same production process, and the costs related to switching between the three types are so minimal that they can be ignored. Thus, you can treat your problem as an aggregate planning exercise where the planning unit is cases of soft drinks, regardless of what types of drinks they are.
January | 16,000 cases |
February | 24,000 cases |
March | 32,000 cases |
April | 32,000 cases |
May | 60,000 cases |
June | 88,000 cases |
Total Demand | 252,000 cases |
Average Monthly demand | 42,000 cases |
Current workforce | 10 workers |
Average monthly output per workder | 2000 cases per month |
Inventory holding cost | $0.30 cases per month |
Regular wage rate | $36 per hour |
Regular production hours/month/worker | 100 hours |
Overtime wage rate | $54 per hour |
Hiring cost | $1000 per worker |
Firing cost | $1500 per worker |
Subcontracting cost | $2.90 per cases |
Beginning inventory | 7000 (all safety stock) |
Assume that employees negotiate an increase in the regular production wage rate to $40 per hour and $60 per hour for overtime. Also assume that Soda Galore always plans to hold at least 7,000 cases of safety stock to meet unanticipated customer demand. Assume that hiring and layoff/firing, if necessary, occur at the beginning of the month.
a) Determine the cost of the level production plan.
b)Determine the cost of the chase production plan.
Total cost is workforce size adjusted | ??? |
Total cost if overtime production used | ??? |
Total cost if subtracting used | ??? |
c)After much internal discussion, the company decides to maintain a permanent workforce of 10 production workers. Given the same planning information and this new requirement, develop a six-month production plan based on hybrid production. Determine the cost of the hybrid production plan. Use the overtime cost.
In: Operations Management
A retired auto mechanic hopes to open a rustproofing shop. Customers would be local new-car dealers. Two locations are being considered, one in the center of the city and one on the outskirts. The central city location would involve fixed monthly costs of $6,940 and labor, materials, and transportation costs of $30 per car. The outside location would have fixed monthly costs of $4,500 and labor, materials, and transportation costs of $40 per car. Dealer price at either location will be $90 per car. a. Which location will yield the greatest profit if monthly demand is (1) 200 cars? (2) 300 cars? 200 cars: yields the greatest profit. 300 cars: yields the greatest profit. b. At what volume of output will the two sites yield the same monthly profit? Volume of output cars
In: Operations Management
Consider the following
What are the components of total compensation?
Are no compensation rewards more attractive than compensation rewards?
How is a compensation structure designed?
What determines pay satisfaction?
What happens when a worker is dissatisfied with their pay?
In: Operations Management
(1) How do you take a brand global?
(2) What new markets has Lenovo entered?
(3) Why do businesses need to move at the speed of light?
(4) Why do brands need to be designed for mecosystems?
(5) Visit the Lenovo webpage. Do you believe they are a global leader in their field? Why or why not? Defend your answer with facts.
In: Operations Management