20. Eva is a beer truck driver for the a local brewery. Her beer run takes her from Philadelphia to Glassboro every day. The brewer has given Eva a very precise route. On a Friday morning, Eva’s boyfriend calls and asks her to take the beer truck and meet him in Atlantic City for a day of gambling. Eva says she can only spend six hours in Atlantic City. During that time, she will gamble, get a manicure and pedicure, and have a steak dinner. She plans to finish her deliveries afterwards. She drives the beer truck to Atlantic City, and while searching for a parking space in a casino parking lot, Eva accidentally rear ends a convertible driven by a Thai heiress, who has been travelled in the United States with her pet tiger. The heiress wants to sue Eva and the beer company for negligence. Will the heiress be successful in suing Eva and the beer company?
a. She will prevail against neither.
b. She will prevail against both.
c. She will prevail against Eva but not against the brewery.
d. She will prevail against the brewery, but she won’t prevail against the brewery.
21. The Thai heiress has a sign on her convertible warning people not to approach because of the dangerous tiger lurking unseen behind her tinted windows. Eva has a license to own the tiger. The tiger has graduated tiger obedience school and has all his shots and circus certifications. The tiger is muzzled and held in her car by steel chains. He is an extremely friendly tiger. When Eva approaches the heiress to apologize, the tiger, having been startled by the accident, breaks its muzzle and chain and bite’s Eva’s arm off. Eva wants to sue the heiress under tort law. Will Eva win?
a. Yes, the heiress was negligent.
b. No, the heiress met her duty of care and could not foresee that the tiger would break its muzzle and chain.
c. Yes, Eva will win under strict liability
d. Yes, the heiress committed an intentional tort of battery.
23. In November, a billionaire Norwegian prince proposes to Shelly and buys her a cottage in Oslo as well as a Ferrari and a stable of fine horses and cows. She contacts Barbara and tells her that she cannot perform the remainder of the contract, but offers to write five songs for Barbara if Barbara will agree to relieve Shelly of her obligations under the original contract. Barbara accepts. What is this subsequent agreement called? __________________________________
26. Which of the following are reasons why an employer would prefer to hire Maxie as an independent contractor rather than as an employee?
a. to save employer’s contribution to Maxie’s Social Security taxes
b. to prevent the employer from being held liable for Maxie’s negligence
c. to prevent paying for worker’s compensation insurance for Maxie
d. all of the above
In: Operations Management
Balanced scorecards are widely used by companies to “balance” their financial with nonfinancial objectives. Do a Google search using the phrase “Coca-Cola balanced scorecard” or “balanced score-card images” or “balanced scorecard examples” to see examples.
Prepare a new and improved balanced scorecard for Coca-Cola.
Explain why your recommended balanced scorecard is best for
Coca-Cola.
In: Operations Management
Why is diversity good for an international business what actions can a company take to foster greater diversity?
In: Operations Management
In: Operations Management
In this assignment you’ll solve the basic economic order quantity (EOQ) model in Excel using two methods: (A) a trial-and-error approach to find a very good but approximate answer, and (B) the EOQ formula to find the “exact” answer. Set up your spreadsheet similar to that shown below.
The situation: Roxie is responsible for purchasing the paper used in all copiers and laser printers at Budco. After looking at her records, Roxie has found that demand for paper averages 600 boxes per month. The price of a box of paper is $20 (regardless of the number ordered). Placing and handling an order costs $66. Annual unit holding costs per box are 25% of the unit price. Last year, Roxie ordered paper once every two months, but she wants to know if another ordering policy would be cheaper.
|
A |
B |
C |
D |
E |
F |
|
|
1 |
Annual Demand |
boxes/year |
B. EOQ Formula |
|||
|
2 |
Unit Price |
per box |
Optimal |
Annual |
||
|
3 |
Ordering Cost |
per order |
Order |
Order+Holding |
||
|
4 |
Annual Holding Cost |
per box/year |
Quantity Q* |
Costs at Q* |
||
|
5 |
||||||
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6 |
|
|||||
|
7 |
Annual |
Annual |
Annual |
|||
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8 |
Order |
Ordering |
Holding |
Ordering+Holding |
||
|
9 |
Quantity (Q) |
Costs |
Costs |
Costs |
||
|
10 |
25 |
|||||
|
11 |
50 |
|||||
|
12 |
75 |
|||||
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: |
: |
|||||
Make a scatter (XY) chart of the Annual Ordering + Holding Costs (y-axis) vs. Order Quantity (x-axis).
A1. Approximately what order quantity minimizes total annual ordering + holding costs? ____ boxes
B1. What order quantity Q* minimizes total annual order + holding costs? _____ boxes
B2. What Excel cell formula is required for Annual Ordering + Holding Costs in cell F5? _____
B3. At Q*, what are the total annual ordering + holding costs? _____
B4. How many times per year will Roxie place an order of size Q*? _____
B5. Last year, Roxie ordered every 2 months. How much were her total annual ordering+holding costs?
_____________ (Hint: First ask yourself how many boxes would be ordered each time if you ordered exactly once every 2 months?)
B6. What is the percentage reduction in annual ordering + holding costs achieved by Roxie in following the optimalinventory policy instead of last year’s ordering policy? _______
In: Operations Management
Read the following case and answer the questions.
Greener Company
The CEO of Ferguson Inc. wants its executives to make the organization more environmentally friendly by encouraging employees to reduce waste in the workplace. Government legislation is coming that will require all companies of this size to have a program in place and the company’s customers also expect it. The CEO wants to significantly reduce paper usage, garbage and other waste throughout the company’s many widespread offices.
Unfortunately, a survey indicates that employees do not value environmental objectives and do not know how to “reduce, reuse, recycle.” As the executive responsible for this change, you have been asked to develop a strategy that might bring about meaningful behavioural change towards this environmental goal. What would you do?
Questions
1. Based on the case above, and according to Lewin’s Model for Managing Change - what are 2 Forces for the status quo (or restraining forces)? /2
2. Using Lewin’s Model for Managing Change, how would you go about implementing and managing the change at Ferguson Inc. – answer a. and b.
In: Operations Management
Discuss key performance indicators in a business. Find some examples of key performance indicators and describe how they demonstrate the success of a company.
In: Operations Management
In: Operations Management
1a. What is the "one country, two systems" approach of China? How did it come about? How is the concept doing today?
1b. Describe and explain the four phases of the international planning process. Please provide example (s) when suitable.
1c. Describe the five characteristics of an innovation that assist in determining the rate of acceptance or resistance of the market to a product. Please provide examples.
1d. What has become the primary vehicle for doing business in many foreign countries? Explain and justify your answer with example(s).
1e. What are the various techniques that can be used to motivate middlemen? Please illustrate your answer with examples.
In: Operations Management
In: Operations Management
*** Please I do not want answer from internet
*** Plagiarism not allowed
In: Operations Management
** Please I do not want answer from internet
** Plagiarism not allowed
In: Operations Management
How do you come up with your bid/response for the Request for Proposal?
In: Operations Management
Debate the advantages and disadvantages of quantitative and qualitative research based on your research experiences.
In: Operations Management
Internal analysis of firm’s resources, including core competencies and competitive advantage (Apply the VRIO framework) on Panera Bread Company 2016
In: Operations Management