Y^ = b0 + b1X1
The following table shows the calculations for regression line:
The following table shows the calculations for regression line:
Customers (in 1000s), X |
Line Maintenance Expense (in $1000s), Y |
X^2 |
Y^2 |
XY |
|
25.3 |
484.6 |
640.09 |
234837.16 |
12260.38 |
|
36.4 |
672.3 |
1324.96 |
451987.29 |
24471.72 |
|
37.9 |
839.4 |
1436.41 |
704592.36 |
31813.26 |
|
45.9 |
694.9 |
2106.81 |
482886.01 |
31895.91 |
|
53.4 |
836.4 |
2851.56 |
699564.96 |
44663.76 |
|
66.8 |
681.9 |
4462.24 |
464987.61 |
45550.92 |
|
78.4 |
1037 |
6146.56 |
1075369 |
81300.8 |
|
82.6 |
1095.6 |
6822.76 |
1200339.36 |
90496.56 |
|
93.8 |
1563.1 |
8798.44 |
2443281.61 |
146618.78 |
|
97.5 |
1377.9 |
9506.25 |
1898608.41 |
134345.25 |
|
105.7 |
1711.7 |
11172.49 |
2929916.89 |
180926.69 |
|
124.3 |
2138.6 |
15450.49 |
4573609.96 |
265827.98 |
|
Total |
848 |
13133.4 |
70719.06 |
17159980.62 |
1090172.01 |
Sample size: n = 12
Question. According to equation Y^ = b0 + b1X1 what level of line maintenance expense would be expected for a phone company with 75,000 customers show how you arrive at this value.
In: Operations Management
Describe a project that you worked on, either personally or professionally, that was hampered by communication difficulties and interpersonal challenges.
Based on what you have learned about emotional intelligence and cultural and generational awareness, what recommendations would you make to improve interpersonal and team dynamics? Explain the rationale behind your recommendations.
In: Operations Management
In a capitalist society, it is the mission of private industry to make a profit. The more profit made; the better the company can establish competitive advantage. Those who do not pursue profit maximization usually fall out of competition and go out of business. In the apparel industry, approximately 60% of cost of goods sold is in labor. The manufacturing sector of the apparel industry began leaving the United States in pursuit of lower cost labor. They accomplished this by relocating some or all of their manufacturing base to low wage countries. With implementation of NAFTA and the Caribbean Basin Initiative, Mexico and the Dominican Republic were the beneficiaries of much of this production. As China and other areas in the Far East were opened to business ventures, much of the production moved from Mexico and the Dominican Republic to China, Viet Nam and a few other countries in that region. The difference in wages was dramatic. The range of hourly labor costs (indirect and direct) spanned from $13.00 in the U.S., to $2.25 - $2.50 in Mexico and the Dominican Republic, to $ .50 in the Far East, a 96% reduction in labor cost over domestic manufacturing. In the pursuit of lower labor costs and higher profits, the idea of social responsibility arises. Many workers were left jobless, and, especially in the developing countries, very little opportunity to find other employment. The apparel industry's defense has been that if it had never located to any of these areas, the people would be no better or worse than after the companies left.
In one concise, well-written paragraph of no more than 300 words, defend the apparel companies’ right to pursue profit as described. The object is for you to use information you learned in all of your Business courses to write this defense. Using business terminology and concepts is critically important. Do not include the above paragraph with your work.There is no need for a bibliography or references because this is not a research paper. It is an exercise in creative business writing. One-hundred percent of your paragraph must be your concept and writing. Think of yourself as the spokesperson for the apparel industry. The major networks are interviewing you and asking the above question. How do you answer?As a separate piece of advice, do not use excerpts from the problem set-up. You may use terms such as social responsibility but do not use whole thoughts from this paragraph.
In: Operations Management
1- Write down the actions leaders took to try and effectively manage the change. If you feel leaders of the change were ineffective write down the actions they took that were not productive. What would you recommend they do differently? (Minimum 500 words for this #3)
2- Google “building a change culture” – read a few articles that interest you. What similarities do you notice across the multiple articles? Are there opposing thoughts?Share your research with your team.
3- The difference of leading change globally vs. leading change nationally or locally in an organization. What additional best practices would your team recommend to an organization leading change globally?
In: Operations Management
In: Operations Management
Leadership course question:
what are the following five approaches/theories based on?
how are they different from each other?
when is each of them best used?
what are the strengths and weaknesses of each?
The five are:
the Skills Approach, Situational leadership, trait-based leadership, the Behavioral theory and the Path-Goal Theory
In: Operations Management
In: Operations Management
Write a research on the following topic
Topic: COMMUNICATION PROBLEM
REQUIRED: Structure of research
1. Introduction
2. Why choose this topic
3. Research objective
4. Literature review
5. Conclusion
In: Operations Management
In: Operations Management
Using your understanding of torts, both intentional and negligent, discuss whether gun manufacturers, sellers or distributors should be found civilly liable (not criminally) for mass shooting deaths.
In: Operations Management
Carolyn Foster had just returned to her office from the weekly plant IR representatives’ meeting. Her secretary had left a note to call George Lowrey, the superintendent of the forklift assembly operation. She called back and immediately recognized from the serious- ness of George’s tone that a major problem must be brewing in his area. They both agreed she would come right over. After George had welcomed her into his office, he leaned forward and, putting his chin in his hands, said, “Carolyn, I feel like I’m sit- ting on a powder keg here. Last year we put in the new Simplex Process assembly line for our forklifts. It had a rated capacity of 35 units an hour. When we installed it, we started up at 28 units, which is the same as the old line, to shake it down and get the bugs out. The new line automates more of the assembly, so each worker has less of a physical demand than before. Well, last week we figured we had all the bugs ironed out, so we raised the speed to 35. We figure each worker has to put out about the same amount of effort as under the old system. “This morning, Steve Bonneville, the shop steward, and three of my general supervi- sors came in, all arguing. Bonneville had a fistful of grievances and was yelling about a ‘speedup.’ Anyway, the upshot is that he wants the employees to be advanced one skill level to compensate for the additional effort and more difficult working conditions under Section 7.03 of the contract. “Carolyn, we can’t give them a penny more and remain competitive. Besides that, if they get a raise, the whole plant will paper us with classification grievances. Bonneville is running for union president because Matt Duff is retiring, and if he’s successful with this grievance, he’s a shoo-in. All we need is a long strike over some penny-ante issue and a bunch of hotheads like him running the show. What can you do to help me?” Carolyn had been busy taking notes about the problem. She asked, “Do you have the grievances?” George nodded and handed them to her. Then she said, “I’ll study the grievances, the contract, and the union situ- ation and get back to you in time for us to plan a step 3 response. I’ll be back to you this afternoon.” DIRECTIONS 1. Draft a strategy for the company to fol- low. Consider the immediate problem and the possibilities of precedents being set by your action. List the advantages and disad- vantages of your chosen strategy. 2. Prepare a scenario in which your response is presented to Steve Bonneville. How is he likely to react? What steps do you expect he will take as a result of your response? 3. What conditions do you consider neces- sary for these grievances to be resolvable at step 3?
In: Operations Management
What are the three objectives of developing and implementing performance measurement systems?
How can these objectives help tracking operational goals?
Explain and provide examples, please.
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How do customers perceive marketing communications?Give a personal experience.
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In 200 words or more, Explain the main techniques used in employment planning and forecasting.
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What causes OJT stress and how should we deal with it?
In: Operations Management