Phillip? Witt, president of Witt Input? Devices, wishes to create a portfolio of local suppliers for his new line of keyboards. Suppose that Phillip is willing to use one local supplier and up to two more located in other territories within the country. This would reduce the probability of a? "super-event" that might shut down all suppliers at the same time at least 2 weeks to 0.3?%, but due to increased distance the annual costs for managing each of the distant suppliers would be ?$24 000 ?(still ?$16000 for the local? supplier). A total shutdown would cost the company approximately ?$450000. He estimates the? "unique-event" risk for any of the suppliers to be 4?%. Assuming that the local supplier would be the first one? chosen, how many suppliers should Witt Input Devices? use?
Find the EMV for alternatives using? 1, 2, or 3 suppliers.
Based on the EMV? value, the best choice is to use.
In: Operations Management
Use IRAC to answer the following:
Late one night after drinking heavily, Arnold and
Carter decided that they would rob the local all-night convenience
store. They drove Arnold’s truck to the store, entered, and yelled,
“This is a stickup,” while brandishing their unloaded pistols. They
discovered that the only persons in the store were Fred, who worked
at the store, a customer, who was named Cher. Arnold became
enraged, since he regarded Cher as his steady girlfriend and was
jealous that she had been spending time with Fred. Arnold
announced, “I'm going to chill these lovers out,” and loaded them
into his truck. Arnold drove a very short distance down the dirt
road behind the store to a large refrigerator. Arnold locked Cher
and Fred in the refrigerator. Arnold then returned to the store to
pick up Carter, who took $250 from the cash register on his way out
of the store.
The next day, the store manager saw that things were amiss and
called police, who rescued Cher and Fred. Cher suffered no
significant injury, but Fred soon developed pneumonia and died as a
result of it several weeks later. The coroner’s report showed that
Fred had an extraordinary susceptibility to pneumonia.
What criminal charges, if any, should be brought
against Arnold and Carter? Discuss.
What defenses, if any, do Arnold and Carter have to
the criminal charges? Discuss.
In: Operations Management
use IRAC to answer the following:
During a severe thunderstorm, Alee sought shelter
inside Bob's Grocery Store (“Bob's”). Alee slipped on a bunch of
grapes that she failed to notice had fallen from a display near the
entryway. After Alee’s fall, witnesses described the grapes as
“smashed,” “flattened,” “squished,” and “gritty.” The store manager
told Alee that the area where Alee’s fall occurred had been swept
no more than 35 minutes before she fell. As a result of the fall,
Alee suffered a broken arm and a broken ankle.
Later that same day Liz, while shopping in Bob's, accepted an offer
to sample a new product, “Mom’s Fluffy Blueberry Muffins,” baked
and distributed by Mom’s Bakery, Inc. As she was chewing what she
thought were blueberries, she bit down on a pebble the size of a
blueberry and broke a tooth.
On what legal theories, if any, can Bob's be held liable for
personal injury to Alee and Liz? Discuss.
In: Operations Management
In: Operations Management
What are the types of costs associated with a project? What impact and relationship can you identify between these two variables and a project. Write at least two paragraphs to synthesize your ideas.
In: Operations Management
1. In 144 characters or less, create a brief job description for future managers.
2. Housing for the homeless is a problem in many communities. In what way might this problem be addressed through some form of social business innovation? Again, be creative on how an organization can turn to innovation to maybe not advance the company, but advance society. If you are stumped on ideas, go to the Internet. Many businesses have already taken on this challenge!
In: Operations Management
*Describe "internal noise" and provide a tool to use to reduce its
effect on listening.
*Relying on Maslow's and Herzberg's theories, describe the basic human needs that must be met in the workplace to minimize the potential for conflict.....In 250 words.
In: Operations Management
Maximize 8C + 10R + 7T Total profit
Subject to
7C + 10R + 5T ? 2000 Production budget constraint
2C + 3R + 2T ? 660 Labor hours constraint
C ? 200 Maximum demand for clocks constraint
R ? 300 Maximum demand for radios constraint
T ? 150 Maximum demand for toasters constraint
And C, R, T ? 0 Non-negativity constraints
Where C = number of clocks to be produced
R = number of radios to be produced
T = number of toasters to be produced
The QM for Windows output for this problem is given below.
Solution List:
Variable Status Value
C Basic 178.57
R NONBasic 0
T Basic 150
slack 1 NONBasic 0
slack 2 Basic 2.86
slack 3 Basic 21.43
slack 4 Basic 300
slack 5 NONBasic 0
Optimal Value (Z) 2478.57
Linear Programming Results:
C R T RHS Dual
Maximize 8 10 7
Constraint 1 7 10 5 <= 2000 1.14
Constraint 2 2 3 2 <= 660 0
Constraint 3 1 0 0 <= 200 0
Constraint 4 0 1 0 <= 300 0
Constraint 5 0 0 1 <= 150 1.29
Solution 178.57 0 150 2478.57
Ranging Results:
Variable Value Reduced Cost Original Val Lower Bound Upper Bound
C 178.57 0 8 7 9.8
R 0 1.43 10 -Infinity 11.43
T 150 0 7 5.71 Infinity
Dual Value Slack/Surplus Original Val Lower Bound Upper Bound
Constraint 1 1.14 0 2000 750 2010
Constraint 2 0 2.86 660 657.14 Infinity
Constraint 3 0 21.43 200 178.57 Infinity
Constraint 4 0 300 300 0 Infinity
Constraint 5 1.29 0 150 120 155
. (a) What are the ranges of optimality for the profit of a clock, a radio and a toaster?
(b) Find the dual prices of the five constraints and interpret their meanings. Determine the ranges in which each of these dual prices is valid.
(c) If the profit contribution of a clock changes from $8 to $9, what will be the optimal solution? What will be the new total profit? (Note: Answer this question by using the ranging results given above).
(d) Which resource should be obtained in larger quantity to increase the profit most? (Note: Answer this question using the ranging results given above.).
In: Operations Management
Using the concepts taught in this course, explain clearly why an accident on a freeway during rush hour is likely to cause much more traffic jams than in non rush hours
In: Operations Management
describe a time when you had to use attribute analyis in the field. were you aware of the different analytic tools that you could use? would you do anything different?
In: Operations Management
Provide a summary of your recommended "growth" opportunity and discuss the impact of the growth opportunity on the product and pricing components of AT&T Digital Life (Home Security) operational strategy.
The recommendation is moving AT&T Digital Life service into a new segment of the market (Northeast of the US). Does your recommendation involve marketing the product through a new e-commerce strategy?
In: Operations Management
Do you think that there is an occupation that will never get the glass ceiling broken? One of the areas that comes to mind is an NFL Quarterback. Will there always be a gender separation here? Should there be for physical reasons? Think about this because as people change genders they will affect jobs.
In: Operations Management
Homework 9
Previously you looked at WalMart's failure in Germany. This week, let's look at a successful US multi-national - McDonald's. Find and summarize an article discussing how McDonald's has been so successful in developing markets...specifically look at the Soviet Union in the 80's or China more recently.
In: Operations Management
If a non-English speaking country had established the internet, do you think that country would impose its own "cultural imperialism" on the web? Why or Why not?
In: Operations Management
Describe the difference between control pokayoke, warning pokayoke, and setting pokayoke. Give an example where you might apply each in your work or daily experience (allow yourself freedom to be creative on this).
In: Operations Management