Questions
The most important factor(s) effecting the learning curve rate include(s): Select one: A. Complexity of the...

The most important factor(s) effecting the learning curve rate include(s):

Select one:

A. Complexity of the task

B. Percentage of mechanical input

C. Percentage of human input

D. Only A and C

Yield management, also known as revenue management is the amount of output of acceptable quality emerging from a production system compared with the amount that entered it.

Select one:

True

False

Obtaining lower unit costs through the use of larger facilities is called economies of scope.

Select one:

True

False

It is not unusual for fire departments to use “slack months” for building inspections, conducting prevention programs and giving talks as a way to have anticyclic outputs.

Select one:

True

False

In addition to showing time schedules, Gantt charts can also be used for capacities of facilities, workers, jobs,activities, and so forth.

Select one:

True

False

In: Operations Management

Equal Employment Opportunity Exxon employs a number of employees in various companies. If Exxon decided to...

Equal Employment Opportunity

Exxon employs a number of employees in various companies. If Exxon decided to "fire” Joseph Hazelwood, the captain of the Valdez, what recourse would he (Hazelwood) have under Equal Employment Opportunity laws? Make sure to support your statements with specific examples that are supported by a citation. Support your discussion with at least 2 Internet citations in APA style.

In: Operations Management

What is meant by DECIDE in marketing decision making?

What is meant by DECIDE in marketing decision making?

In: Operations Management

Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an...

Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 12 minutes with each customer.

  1. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.

Lq

=

L

=

Wq

=

hours

W

=

hours

Pw

=

  1. Service goals dictate that an arriving customer should not wait for service more than an average of 9 minutes. Is this goal being met? If not, what action do you recommend?

    • Yes
    • No. Firm should decrease the mean service rate µ for the consultant.
    • No. Firm should increase the mean service rate µ for the consultant or hire a second consultant.
  1. If the consultant can reduce the average time spent per customer to 9 minutes, what is the mean service rate? If required, round your answer to one decimal place.

customer per hour

Will the service goal be met?

Yes or no

In: Operations Management

Research a company that has exceptional performance with regard to inventory turns within its industry. Compare...

Research a company that has exceptional performance with regard to inventory turns within its industry. Compare the number of turns that this company has as compared to at least three others in its industry. Discuss how this company has been able to achieve a high number of turns. Additionally, discuss the competitive advantages that a high number of turns can give a company over its competition.

In: Operations Management

Jus de Fruit Co. has set up for automated production of its new bottled Triple Berry...

Jus de Fruit Co. has set up for automated production of its new bottled Triple Berry Colada. Five samples were taken during the first week of production. The OM team wants to monitor the dispersion of the process. What chart should they use? Is the process in control?

Sample Bottle 1 Bottle 2 Bottle 3
1 20.1 20.1 19.8
2 20.0 19.1 20.0
3 19.9 20.1 19.4
4 18.0 21.8 20.5
5 20.0 19.7 20.0

Sample Size

x-bar-Charts (A2)

R-Charts (D3)

R-Charts (D4)

3

1.02

0

2.57

5

0.58

0

2.11

R-chart; No

p-chart; Yes

x-bar chart; Yes

x-bar chart; No

R-chart; Yes

In: Operations Management

1. Instead of asking you to find news articles, I have attached 4 news articles on...

1. Instead of asking you to find news articles, I have attached 4 news articles on how COVID-19 affects America and around the world.

2. Discussion Post Requirements:

  1. Pick ONE article.
  2. Post a summary in your own words in 2 paragraphs.
  3. Discuss how the COVID-19 may impact your life or your family and friends.
  4. Identify one possible implication that could affect you for the rest of 2020

1. Will the Coronavirus Bring the End of Globalization_ Don’t Count on It - WSJ

Will the Coronavirus Bring the End of Globalization_ Don’t Count on It - WSJ.pdf

2. East vs. West_ Coronavirus Fight Tests Divergent Strategies - WSJ

East vs. West_ Coronavirus Fight Tests Divergent Strategies - WSJ.pdf

3. The Class of 2020 Was Headed Into a Hot Job Market. Then Coronavirus Hit. - WSJ

The Class of 2020 Was Headed Into a Hot Job Market. Then Coronavirus Hit. - WSJ.pdf

4. Truckers Facing Coronavirus Hurdles in Keeping Supply Chains Moving - WSJ

Truckers Facing Coronavirus Hurdles in Keeping Supply Chains Moving - WSJ.pdf

In: Operations Management

A fashion & textile manufacturer currently has four manufacturing plants (Plant A, B, C, D) and...

A fashion & textile manufacturer currently has four manufacturing plants (Plant A, B, C, D) and two retail outlets (Outlet 1 and 2). Due to expected reduction in demand, the company is considering whether closing some of the plants would be possible. The details of the weekly forecasted demand at outlets, weekly supply at plants, and the unit cost to transport between plants and outlets are shown as follows.

Outlet 1

Outlet 2

Supply

Fixed Annual Operating Cost

Plant A

$5

$7

3,560

$750,000

Plant B

4.5

6

3,200

830,000

Plant C

6

8

2,800

680,000

Plant D

9

7

4,200

825,000

Forecasted Demand

4,500

6,000

The plant can produce only if it is operated, and the quantity should not exceed the weekly supply. Plant B can be used only if either plant A or plant C or both plants are used. Both Plant C and D should be operated at the same time. The manufacturer does not need to pay the fixed annual operating cost if the plant is not operated.

Questions:

  1. Formulate an integer programming model for this problem to determine which plants should be operated and the number of products that should be shipped from each plant to each outlet to minimize the total cost, which includes the operating cost and transportation cost.                                                                                    
  1. Solve the problem using solver (you need to attach the Excel worksheet as evidence).      

In: Operations Management

“Buyers only need to take a markdown when they make mistakes. Therefore, good buyers should never...

“Buyers only need to take a markdown when they make mistakes. Therefore, good buyers should never have to take markdowns.” Do you agree with that statement? Explain your answer.

In: Operations Management

This discussion is based on the video. “Netflix Raises Prices to Fight the Future..” Answer all...

This discussion is based on the video. “Netflix Raises Prices to Fight the Future..” Answer all of the following questions.

  1. Why did Netflix raise their prices? What was the reaction?
  2. Explain the competitive landscape of streaming services.
  3. At what price point will customers leave Netflix and drop the service?
  4. Who is your internet provider and streaming service? Why?

In: Operations Management

What is a pain and gain share agreement?                                    &n

  1. What is a pain and gain share agreement?

                                        

  1. When discussing LEAN and Six Sigma, is one philosophy more important than the other?
  1. What are the two different types of purchasing organizations? Name two advantages for each.
  1. What is the profit-leverage effect? Why is it important for purchasing managers?
  1. What is the purpose of bonds in procurement?
  1. What does a preferred supplier provide a company that other suppliers may not?
  1. What are the benefits of strategic alliances?
  1. Give two reasons why a firm would make rather than buy. Give two reasons why a firm would buy rather than make.
  1. How can the VOC be used to help a company improve?
  1. How does ethical sourcing differ from sustainability?
  1. Why is it important to use multiple criteria in developing a supplier scorecard?
  1. How can a firm combat the risks of bottleneck items?
  1. Why do companies use the supplier development program?
  1. What is a potential sourcing strategy for functional products? What is a potential sourcing strategy for innovative products?
  1. Give an example of a product for each of the following manufacturing strategies:

  • MTS
  • ATO
  • MTO
  • ETO
  1. What is the main insight of total cost of ownership (TCO)?
  1. What can cause and effect diagrams be used for?

In: Operations Management

Write an assessment of the logistical, financial, and any other considerations of implementing eMobile/eHealth information technology...

Write an assessment of the logistical, financial, and any other considerations of implementing eMobile/eHealth information technology in your organization. If mobile technology is in use in your organization, give a brief description of the technology in use, and assess the impact this has had on operations.

In: Operations Management

) A firm wants a buyer adjust their purchasing amount and frequency by changing the price...

) A firm wants a buyer adjust their purchasing amount and frequency by changing the price it charges so that they purchase the target times per year. For example, if the firm purchases 10 times a year a firm might want it to purchase 5 times yearly instead. The firm recognizes that an incentive will have to be offered to do this and has set the incentive as the amount the purchaser would save in total (based on total material cost as used in inventory analysis) from the current cost to the purchaser. Data on the customer is given below as well as the target savings identified the firm thinks is required to get the purchaser to change their buying pattern.

Current Order Amt

Order per Year

Current Price

Order Cost

Holding %

Target Orders/ yr

Incentive Savings

200

17

125.00

400.00

40.0%

4

4,000.00

NOTE: The customer may not be applying EOQ to its current ordering quantity and frequency.

a. What is the total annual cost to the customer of the current ordering policy?

b. What is the highest price the seller can offer the customer so the customer orders 4 times yearly and meets the targeted savings?

In: Operations Management

Discuss in detail the evolution of commercial air travel on society.

Discuss in detail the evolution of commercial air travel on society.

In: Operations Management

Laura Moore has recently left her job as a Graphic Designer to open her own Company;...

Laura Moore has recently left her job as a Graphic Designer to open her own Company; a Graphic Design Agency dedicated to the creation and design of apps for mobile devices. Laura has decided to be self-employed. To do so, she will have her business premises, which belongs to her father, in downtown Barcelona and she will have to hire: A visual designer A developer An administrative assistant 1. To hire the administrative assistant, Marta has decided to offer an indefinite contract. She is her first employee that Marta will hire and she has a recognized degree of disability of 37%. Explain to Marta what bonuses and reductions could be applied in the hiring of the administrative and what type of contract should she carry out, exposing its main characteristics. You must prepare the work contract of the Administrative Assistant according to the appropriate official model. Once the contract has been drafted and completed according to Spanish regulations, you must specify in detail the differences it would have had it been made according to the regulations of the United Kingdom. 2. Knowing the

salaries agreed upon with each of the two workers, prepare the payroll for each of them. Make sure you detail the steps you have taken and the financial nature of each of the items involved: a. Administrative Assistant. Three months seniority. She has an indefinite work contract, base salary: € 1,500. Collective bargaining: € 50. She has two extraordinary six-month accrual pays and receives them on 06/30 and 12/31 of each year for an amount equal to the base salary. She has a disability of 37% and is single without children. She has made two overtime hours that month at a rate of € 15/h. b. Visual designer. 2 months seniority. He has a temporary contract. Base salary: € 1,950. Collective bargaining: € 100. Productivity: € 6 / day. He has two extraordinary six-month accrual payments and receives them apportioned each month. He is married and has a 9-year-old son (his spouse receives an income of over € 1,500/year). Once you have developed all the steps to follow in each case and the amount of the items, design and present the official payroll of the administrative assistant.

In: Operations Management