Who is a stakeholder and why are they, and their voices, important?
As a stakeholder in Post University, next week in all your courses you are going to be asked to complete your student survey. Big deal…
Why should your instructors care about what you have to say?
Why should Post care about what you have to say?
1. What difference can you, or any stakeholder make by conveying your thoughts to the company you’re a stakeholder in?
2. Is there a better way to reach for a result or action from the company?
3. If you own the company, why should you listen to feedback regarding improvement for the company you have poured you heart, soul, and monies into?
Please number each response and provide one space between responses.
In: Operations Management
The BCG (Growth-Share) Matrix is old but has stood the test of time. How significant and practicably usable is it today, in the light of vast developments in management tools that help assess market conditions. Use an organization of your choice for analysis.
In: Operations Management
In organizations today, employees often take advantage of their company’s information systems. Email abuse is increasing, and so is the amount of time employees spend surfing the Internet on company time. Indeed, statistics suggest that approximately 70% of the total amount of time spent surfing the Internet is company time.
1.Explore and Evaluate the ethics of using IT for personal uses at work. Should employees have some rights to use these resources?
2.When does their behavior become unethical? Some companies keep track of the way their employees use IT and the Internet. Is it ethical for managers to read employees’ private email or to record the sites that employees visit online?
In: Operations Management
Problem 10-21
Design specifications require that a key dimension on a product measure 102 ± 15 units. A process being considered for producing this product has a standard deviation of eight units.
a. What can you say (quantitatively) regarding the process capability? Assume that the process is centered with respect to specifications. (Round your answer to 4 decimal places.)
Process capability index
b. Suppose the process average shifts to 94. Calculate the new process capability. (Round your answer to 4 decimal places.)
New process capability index
c. What is the probability of defective output after the process shift? (Use Excel's NORM.S.DIST() function to find the correct probability. Round "z" values to 2 decimal places. Round probabilities to 4 decimal places (0.####).)
Probability of defective output
In: Operations Management
Define the following types of business ownership. Sole Proprietorship Partnership Corporation Limited Liability Company
For each type of ownership listed in #1 above, list the pros (advantages) and cons (disadvantages). Be sure to pay close attention to owner liability and tax treatment for each type of business ownership.
In: Operations Management
Problem 10-23
Ten samples of 15 parts each were taken from an ongoing process to establish a p-chart for control. The samples and the number of defectives in each are shown in the following table:
SAMPLE | n | NUMBER OF DEFECTIVE ITEMS IN THE SAMPLE | |||
1 | 15 | 2 | |||
2 | 15 | 1 | |||
3 | 15 | 1 | |||
4 | 15 | 1 | |||
5 | 15 | 3 | |||
6 | 15 | 1 | |||
7 | 15 | 0 | |||
8 | 15 | 2 | |||
9 | 15 | 1 | |||
10 | 15 | 0 | |||
a. Determine the p−p−, Sp, UCL and LCL for a p-chart of 95 percent confidence (1.96 standard deviations). (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 3 decimal places.)
p−p− | |
Sp | |
UCL | |
LCL | |
b. What comments can you make about the process?
Process is out of statistical control | |
Process is in statistical control |
In: Operations Management
Explain how Amazon could utilize Microsoft excel to create efficiencies within a department or throughout their organization? Must be at least 250 words or more.
In: Operations Management
Description:
Sprint Nextel has the highest rate of customer churn (the number of
customers who discontinue a service) in the cell phone industry,
amounting to 2.45 percent. Over the past two years, Sprint has lost
7 million subscribers. Management wants to know why so many customers are
leaving Sprint and what can be done to woo them back.
Requirement:
Does Data Mining help the company in unfolding the reasons behind
why their customers are leaving? Explain why or why not.
Based on the information provided in the the beginning, answer the question
In: Operations Management
In: Operations Management
Information Systems (IS) inevitably become bound up in
organisational politics because they influence access to a key
resource- namely, information. Information systems can affect who
does what to whom, when, where, and how in an organisation. Many
organisations require changes in personal, individual routines that
can be painful for those involved and required retraining and
additional effort that may or may not be compensated. Please note
the following:
Discuss the major difficulties of ERP system
implementation in USA.
Discuss the reasons behind user, and organizational
resistance to ERP systems in USA.
The purpose of this assignment is to build up a better understanding of organizational resistance to change, and to examine theories, which support students’ analysis, findings and results. The students should be able to acquire in-depth understanding of CSFs, and their impact over IS project (e.g. Cloud ERP). This, therefore, encourages students to shape a holistic view of how IS impacts organization, management practices, and people.
In: Operations Management
What is hypothesis testing? Explain the general process and the steps included in conducting a hypothesis test? What is the difference between parametric and nonparametric hypothesis testing?
In: Operations Management
In: Operations Management
There are two extremes when it comes to the power of providers to set prices. The first one is the provider has no power and must accept the reimbursement rate set by others. The second one is the provider sets the price and the third-party payers must accept them. Neither sounds like a win-win for all parties involved. We will explore these strategies in this week’s discussion question.
You are the Business Manager for Dr. Jones' medical practice. He is hoping to open in a few months but first wants to determine his prices. He has asked you to recommend if he should set his own prices or accept those from third-party payers. After researching both options, provide a memorandum with your recommendation. In your memo, be sure to first provide a brief discussion of what it means to be price-setter or price-taker. List the pros and cons of each one. Be sure to comment on the strategies that would be used in both scenarios. Finally, end the memo with your recommendation.
Instructions:
In: Operations Management
a) You do not seem to be in favour of virtual teams for the VLF
project. Can you explain what exactly are virtual teams and what
are the disadvantages of working with such teams?
(b) One of your team members is preparing to present the design
solution to the Valle del Lili Foundation (VLF) management
committee. Please guide your team member, a Business Analyst, with
tips on preparing and conducting the presentation successfully.
Remarks: This is all for this question. VLF management committee is just a example of the committee. there is nothing else to describe.
In: Operations Management
10. Oma Bakery HQ is building a new automated bakery in Taipa. The following table contains the activities that need to be completed to build the bakery and install the facilities.
Activity |
Immediate Predecessor |
Normal Time |
Crash Time |
Crash
Cost |
A |
None |
9 |
6 |
$3,000 |
B |
A |
8 |
5 |
$3,500 |
C |
A |
15 |
10 |
$4,000 |
D |
B,C |
5 |
3 |
$2,000 |
E |
C |
10 |
6 |
$2,500 |
F |
D,E |
2 |
1 |
$5,000 |
a. Draw the network diagram (Activity-on-arrow (AOA) or Activity-on-node (AON)).
b. Which activities have slack, and how many weeks?
c. What is the critical path?
d. How many weeks will Oma Bakery HQ take to complete the project?
e. How many weeks will the project take if Oma Bakery HQ is willing to pay crashing cost as long as it is less than $3,500/week, and show, step by step, how you arrived at your crashing sequence? 10. Oma Bakery HQ is building a new automated bakery in Taipa. The following table contains the activities that need to be completed to build the bakery and install the facilities.
Activity |
Immediate Predecessor |
Normal Time |
Crash Time |
Crash
Cost |
A |
None |
9 |
6 |
$3,000 |
B |
A |
8 |
5 |
$3,500 |
C |
A |
15 |
10 |
$4,000 |
D |
B,C |
5 |
3 |
$2,000 |
E |
C |
10 |
6 |
$2,500 |
F |
D,E |
2 |
1 |
$5,000 |
a. Draw the network diagram (Activity-on-arrow (AOA) or Activity-on-node (AON)).
b. Which activities have slack, and how many weeks?
c. What is the critical path?
d. How many weeks will Oma Bakery HQ take to complete the project?
e. How many weeks will the project take if Oma Bakery HQ is willing to pay crashing cost as long as it is less than $3,500/week, and show, step by step, how you arrived at your crashing sequence?
In: Operations Management