Create an EFE Matrix for Ford Motor Company. (10 Opportunities and 10 threats)
In: Operations Management
In: Operations Management
Discuss the use of cell phones as tools for collaborative work. What are the greatest advantages? Be sure to address any limitations on mobile phone use as it applies to teamwork. What limitations/restrictions should be imposed on use of cell phones to collaborate? How would your team adapt for team members without cell phones?
In: Operations Management
Demand for rug-cleaning machines at Clyde’s U-Rent-It is shown
in the following table. Machines are rented by the day only. Profit
on the rug cleaners is $18 per day. Clyde has 3 rug-cleaning
machines.
Demand | Frequency | |
0 | .30 | |
1 | .20 | |
2 | .20 | |
3 | .15 | |
4 | .10 | |
5 | .05 | |
1.00 | ||
a. Assuming that Clyde’s stocking decision is
optimal, what is the implied range of excess cost per machine?
(Enter smaller value in first box and larger value in
second box. Do not round intermediate calculations. Round your
answers to 2 decimal places. Omit the "$" sign in your
response.)
Implied range of excess cost per machine from $ to
$
b. Your answer from part a has been presented to Clyde,
who protests that the amount is too low. Does this suggest an
increase or a decrease in the number of rug machines he
stocks?
Increase
Decrease
c. Suppose now that the $18 mentioned as profit is
instead the excess cost per day for each machine and that the
shortage cost is unknown. Assuming that the optimal number of
machines is 3, what is the implied range of shortage cost per
machine? (Enter smaller value in first box and larger value
in second box. Do not round intermediate calculations. Round your
answers to 2 decimal places. Omit the "$" sign in your
response.)
Implied range of shortage cost per machine from $ to
$
In: Operations Management
How would you characterize Target’s organizational structure?
What is the composition of Target’s board of directors?
In: Operations Management
Problem 1: An organization is considering to generate forecast for April using exponential smoothing method (smoothing constant α =0.3) and the 2-period moving average technique. The actual sales are given in the table for January, February, March. The forecast for January using exponential smoothing method and the forecast for January and February using 2-period moving average technique are provided as well:
Period |
Actual sales |
Forecast using Exponential Smoothing with α =0.3 |
Forecast using Simple 2-Period Moving Average |
Jan |
50 |
60 |
40 |
Feb |
80 |
74 |
|
Mar |
70 |
? |
|
Apr |
? |
? |
16. The forecast for April using exponential smoothing method with α =0.3 is 65.73
True
False
17. Using the 2-period moving average method, the forecast for March is 65 and the forecast for April is 75
True
False
18. If the actual sales of April is 45, the organization would prefer the exponential smoothing over the 2-period moving average technique according to MAD
True
False
19. The MSE for the 2-period moving average technique is 270.8 if the actual sales of April is 45
True
False
In: Operations Management
Although women hold slightly more than half of US managerial positions, they hold far fewer of the top executive positions. To counteract this imbalance, some colleges are offering executive education courses for women only. Participants, such as Johnson & Johnson, praise these programs for helping women network and gain confidence. What do you think of these programs? Are they ethical? Would you feel differently if they were held for men only? Why?
In: Operations Management
For years Evo has supported athletic teams, but only recently did the Seattle-based e-commerce company launch a formal work team. Like many organizations, the online retailer of snowboard, ski, skate, and wake gear used team metaphors loosely to describe anything involving random groups of employees. But Evo got an education on real work teams when the company formed a team for its creative services employees.
The new group, which is comprised of a photographer, designer, and copy writer, is responsible for producing Evo’s magazine ads, promotions, and web site content. Although the individuals’ roles are not generally interchangeable, photographer Tre Dauenhauer might dabble in design, graphic designer Pubs One may write a few lines of copy, and copywriter Sunny Fenton might snap photos on occasion. Most team projects require a combination of eye-grabbing photos, clever words, and a compelling design, and the teammates are committed to a common purpose.
When the creative services team launched, group members moved into their own space, away from Evo’s chaotic, open-plan work areas. Being together every day enabled the team members to become better acquainted and move through the “forming” stage more quickly. But even with close quarters, Dauenhauer, One, and Fenton needed help navigating the conflict-ridden, storming stage of their team’s development. Before joining the team, they functioned individually and weren’t used to sharing power or making decisions as a group. To help the members learn to work together, Nathan Decker, director of e-commerce, became the team leader. As a skilled negotiator, Decker makes sure his talented trio steers clear of dysfunction and delivers the goods. Any time the team finishes a project, Decker brings members together for a post-mortem discussion—a method of reviewing what was learned, and how things could be executed differently. It’s here that the team members identify new routines and rituals to incorporate into their process for future improvement.
Due to Decker’s leadership and skillful negotiation of conflicts, members of the creative services team are learning how to communicate in ways never before possible. Having a skilled leader to facilitate work processes has helped build team cohesiveness and deliver a collective output that is greater than the sum of its parts.
1. What organizational dilemma was hurting Evo’s creative output, and how did management resolve the problem using teams?
2. How might Nathan Decker lead effectively as the team starts “norming”?
3. Can you relate the group performance factors of composition, size, norms, cohesiveness, and informal leadership to Evo?
In: Operations Management
what is competitive pricing and how is it used? in 300 words and in own words please
In: Operations Management
Solve the following:
1. The engineering director asks her managers if they have any nominations for promotions from within their respective departments. The maximum number of promotions allowed for the entire division is 2. The nominations must be selective and only for people whose performance whose performance has been outstanding. One manager thought his whole team had been outstanding, so he recommended all 10 promotions. He reasoned, “It is better for the morale of the team that they know that I support all of them fully. If the director now promotes 1 of the 10 or none at all, then they will not feel so bad knowing that at least I have thought them all worthy of being promoted.” What should the director do?
2. The customer service manager is a busy person. He rushes from one problem to another without actually taking time to complete any job and solve any problem properly. What control problem does the customer service manager have? What can he do to enhance his job effectiveness?
3. Mary Stevenson, the shop manager, works well with all of the staff members. She regards Mike Denver, who has the longest tenure and most extensive experience in the group, as the second in command for the day-to-day operation. The shop is modernizing its operation with the use of computers. Mary Stevenson and her boss, Craig Martin, decide to bring in a young computer specialist, Janet Carter, from outside. To make sure that the shop modernization process moves forward, Mary Stevenson spends a lot of time with Janet Carter. Mike Denver sees less and less of Mary Stevenson, although Mary still depends on Mike for the day-to-day operation. Mike resents being shut out from the work done by Mary and Janet. Mike does not complain, but after six months, he tenders his resignation and goes to work for a competitor. Mary Stevenson is shattered. She deeply regrets this major loss to the shop. What went wrong? What was not controlled? What would you do differently?
In: Operations Management
what is time based pricing and how is it used? in 200 words and in own words please
In: Operations Management
explain what the term "leakage" means. identify the three main ways that economic Leakage can occur?
In: Operations Management
what is geographic pricing and how is it used? 300 words and in own words please
In: Operations Management
What are some arguments for federal employees having the "right to strike", (which they currently do not have), and arguments for maintaining the restriction.
In: Operations Management
What changes to Congress in the last 50 years have affected congressional work the most?
In: Operations Management