Questions
First, do some research on the following companies: ArcelorMittal and Dyson! · After you have familiarized...

First, do some research on the following companies: ArcelorMittal and Dyson! · After you have familiarized yourself with them, compare-

The foreign market entry strategy of the two companies, The growth path of the two companies

- The key elements/crossroads in their history, The strategies driving the two companies ·

Now investigate these entry modes/ways of internationalization: Franchising, Subcontracting, Licencing, Exporting, Management contracts, Alliances, FDI, Project operations ·

Now prioritize them together according to the risk and return! Which of these entry modes are used by Apple company? Find company/case examples for each!

In: Operations Management

Suppose that a firm can produce a part it uses for $500 per unit, with a...

Suppose that a firm can produce a part it uses for $500 per unit, with a fixed cost of $12,000. The company has been offered a contract from a supplier that allows it to purchase the part at a cost of $510 per unit, which includes transportation. The key outputs in the model are the difference in these costs and the decision that results in the lower cost. Assume that the production volume is uncertain. Suppose the manufacturer has enough data and information to estimate that the production volume will be normally distributed with a mean of 1,200 and a standard deviation of 85. Use a 100-trial Monte Carlo simulation to find the average cost difference and percent of trials that result in manufacturing or outsourcing as the best decision. (Your data table should show both the cost difference and decision for each trial.)

Note: Please include Excel worksheet with all the details with your answer.

In: Operations Management

Describe vividly breakeven analysis and explain what a breakeven point is. Identify and explain at least...

Describe vividly breakeven analysis and explain what a breakeven point is. Identify and explain at least 4 non-store retailing businesses. What advantages may non-store retailers have over store retailers?

In: Operations Management

Thumbs Up Will Be Given For Answer. A) Discuss some of the actions that managers may...

Thumbs Up Will Be Given For Answer.

A) Discuss some of the actions that managers may engage in to erode shareholder value.

B) What are some of the advantages and disadvantages associated with a firm’s expansion into international markets?

In: Operations Management

Project Staff Assignments Project Engineers Kamal Jafa 
Lynnette Abela Development Team Leads Larry Senters Stacy Whitmire...

Project Staff Assignments
Project Engineers Kamal Jafa

Lynnette Abela
Development Team Leads Larry Senters
Stacy Whitmire
Outreach Specialist Jason Marks
Budget Officer Lindsey Fine
Contracts Officer Robin Micks
Health Information System Liaison Kyle Holohan,
State Department of Health
Environmental Liaison Ali Reza Ataie,
State Department of Environmental Protection
Media Plan and Campaign Director TBD
Cyber Security Team Lead Kao Vang
2 Additional Cyber Security Specialists TBD
Implementation Manager TBD
Assistant Project Manager TBD
One of your areas of concern is the media plan and campaign. Making sure the public is well-informed about construction and which areas will have traffic disruptions is an essential part of a successful project when public money is involved. You also need to ensure the patients are aware of the advantages of the Patient Portal so the feature is fully utilized once implemented. There are no available in-house resources that can help with this task. As a result, you will need to look for outside help.

One of your old college classmates, Amanda Prichett, is a very competent public relations consultant. Even though she doesn't have a lot of health care experience, you know she would do an excellent job. In addition, she charges very reasonable fees, which is particularly appealing because you want to keep the project budget under control wherever possible.

Another possibility is a public relations firm, Ortega Associates, that Capital Management has used on previous projects. Ortega has an excellent reputation for its work on health care projects, but as a regional firm, it can be quite expensive.

You consider the best way to move forward. Considering Prichett as a candidate for the media planning role does raise some ethics questions. You decide to take a look at the Project Management Institute's Code of Ethics and Professional Conduct.


Make and Support Your Decision

You need a resource to lead the media plan and campaign during the construction phase of the project. You decide to:

1 Hire Amanda Prichett despite her lack of health care project experience because you are confident that she will perform the job at a reasonable price.

2 Hire Ortega Associates, knowing that the firm will perform the job at a more expensive price but that it has extensive health care project experience.

3 Have another member of the team evaluate different public relations vendors—including but not limited to Amanda Prichett and Ortega Associates—and make a recommendation.

Once you've made your selection, write an email to Victor Nguyen, Capital Management’s Project Management Office Director, explaining your decision. Your email must clearly identify which option you chose, justify your choice, and address reasons why the other options are not the best choice.

In: Operations Management

Eight Flags operates several amusement parks in the Midwest. The company stocks machine oil to service...

Eight Flags operates several amusement parks in the Midwest. The company stocks machine oil to service the machinery for the many rides at the parks. Eight Flags needs 30,000 gallons​ (D) of oil​ annually; the parks operate 50 weeks a year. Management is unsatisfied with the current supplier of oil and has obtained two bids from other suppliers. The data are contained in the following table.                                                                                                                                               

Annual Freight Costs

Shipping Quantity​ (Q)

Supplier

​5,000

​10,000

​15,000

​Price/Unit (p)

Annual Holding​ Cost/Unit (H)

Lead Time​ (L) (wks)

Annual Administrative Cost

Sharps

​$5,000

​$3,600

​$3,300

​$3.70

​$0.74

5

​$5,000

Winkler

​$5,600

​$4,100

​$3,600

​$3.90

​$0.78

3

​$4,000

Which supplier and which shipping quantity will provide the lowest costs for Eight​ Flags?

Using ______ and a shipping quantity of ______ is the lowest cost​ alternative, with annual total costs to Eight Flags of $__________ .

In: Operations Management

What could be some examples a clothing business could use forecasting in the following categories: -Technological...

What could be some examples a clothing business could use forecasting in the following categories: -Technological forecasts-rates of technological change

-economic forecasts-predicting changes of business cycles

-business forecasts-predicting demand

Thank you in advance!

In: Operations Management

Retailing Management: chapter 15 question 6 DQP What are the advantages and disadvantages of the different...

Retailing Management: chapter 15 question 6 DQP

What are the advantages and disadvantages of the different forms of compensation programs described in this chapter? Considering the disadvantages only, how can department managers lessen the effects of the disadvantages?

In: Operations Management

Develop a comprehensive Code of Ethics that you feel should be adopted throughout this nation. How...

Develop a comprehensive Code of Ethics that you feel should be adopted throughout this nation. How should the USA as a country operate?

In: Operations Management

Choose an organisation and a particular decision situation due to the current Pandemic. Give examples using...

Choose an organisation and a particular decision situation due to the current Pandemic.

Give examples using this context, of each step in the decision-making process(1. Clarify the decision problem, 2. Specify the criterion, 3. Identify the alternatives, 4. Develop a decision model, 5. Collect the data and 6. Select an alternative). This should include a summary of the nature and history of the company, Background elements of the decision selected and what circumstances have resulted in the decision needing to be made, he possible effects of the selected decision, if implemented and use of Quantitative data.

In: Operations Management

2. Take a position, either pro or con, on Christie's decision to kill the ARC. Develop...

2. Take a position, either pro or con, on Christie's decision to kill the ARC. Develop arguments to support your point of view.

3. In your opinion, how clearly must a large infrastructure project like ARC have determined its need, costs, and so forth before being approved? If the criteria are too stringent, what is the implication for future projects of this type? Would any ever be built?

In: Operations Management

Marketing question The Coronavirus pandemic is taking a heavy toll on businesses. Referring to Chapter 2,...

Marketing question

The Coronavirus pandemic is taking a heavy toll on businesses. Referring to Chapter 2, how should businesses respond to their strategic marketing planning for both short-term and long-term?

In: Operations Management

Explain how small executive functions (updating, flexibility, and inhibition) contributes/influences large executive function (reasoning, problem-solving, planning)?

Explain how small executive functions (updating, flexibility, and inhibition) contributes/influences large executive function (reasoning, problem-solving, planning)?

In: Operations Management

You and two other coworkers work in the design department for Fun Inc, a company that...

You and two other coworkers work in the design department for Fun Inc, a company that produces high quality toys for kids. During the process of finalizing the design for a new toy, the other two coworkers begin having negative conflict as they try to finalize the design of the new toy before an imminent deadline. One team member insists on making the toy with maximum quality and the other is focused on making the toy at the lowest cost. One of the team members is getting frustrated and feels that the team should be making better progress. The team member asks you for suggestion. What would you suggest the team to do in order to be more effective?

Discussion Questions

1. What type of conflict is the team experiencing in this scenario?

2. Using the conflicting resolution styles listed on p.8 of the Powerpoint, which approach would you use to address this situation? Why?

In: Operations Management

this is for English 4 In what areas do you think we tend to pass along...

this is for English 4

  • In what areas do you think we tend to pass along misinformation to children or other adults?
  • Why do you think we pass along misinformation?
  • What forms of misinformation are you okay with? Why?
  • What forms of misinformation are you not okay with? Why?
  • What's the line between acceptable and unacceptable misinformation?

In: Operations Management