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 "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?
In: Operations Management
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.
Lq |
= |
|
L |
= |
|
Wq |
= hours |
|
W |
= hours |
|
Pw |
= |
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 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 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 how COVID-19 affects America and around the world.
2. Discussion Post Requirements:
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 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:
In: Operations Management
“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 of the following questions.
|
In: Operations Management
In: Operations Management
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 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.
In: Operations Management
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