Question

In: Operations Management

"Many high-tech measures are being. Industry insiders believe that embracing big data and AI will become...

"Many high-tech measures are being. Industry insiders believe that embracing big data and AI will become an important direction for the future development of the catering industry applied in our restaurants," said Hou Mingjing, marketing director of Shandong Camry Commercial Group. "Our staff has been cut from over a dozen to just four after the robot chefs were introduced, and we also have food delivery robots in more than 20 of our restaurants."

The robot chefs can automatically add oil and seasonings, take good control of the heat and fried rice can be ready in less than three minutes. The robots can cook over 30 dishes, including the most popular black pepper and garlic flavored beef fried rice, tomato fried Japanese noodles and spicy noodles. The whole dining process is touchless. Customers order food on their mobile phones or on in-store tablet computers and then take their own meals.

Industry insiders believe that embracing big data and AI will become an important direction for the future development of the catering industry. It is also an effective method to save costs and improve service quality.

A fast food company in Jinan went online to serve customers via a WeChat program during the epidemic. The move received a surprising welcome from nearby white collars, who no longer need to wait for food inside the eatery.

"We were inspired and planned to set up thermal cabinets in some office buildings. Customers can order food in advance and we will deliver the food to the cabinets," said Song Yefei with the company.

Many restaurant chains in China have also expanded their service online and stepped up efforts to develop semi-cooked or ready-to-serve food, as well as promoted their products in shopping malls or via live streaming to lure cooped-up foodies.

"We suffered huge losses amid the epidemic. But we are gradually recovering with more restaurants open these days. We stay confident in the future as the consumption market in China is very big," said Hou.

As the epidemic recedes and work and production resumption gains momentum, Chinese consumers' buying appetite inhibited by the epidemic is rebounding.

Question

1.Specify the Management dilemma, management decision question(s) and the research questions of this research project.

Solutions

Expert Solution

1.The management dilemma is about the popularity of use of big data and artificial intelligence in restaurant business. The restaurants are increasingly using robots for making and delivering the food that has led to keeping lesser number of human staff. The business with robots has shown good response as they can make foods but currently the business is hindered by the pandemic and restaurants are in a dilemma over rising costs and to the extent of use of AI and big data.

The management decision question is to whether continue using the robots in restaurant business in different functions that reduces the human touch and increases speed and efficiency of the processes.

The research questions of this research project are - Whether is it a right choice to use robots for cooking and for delivery instead of human beings in restaurant business as part of Artificial intelligence and big data initiatives ?


Related Solutions

"Many high-tech measures are being. Industry insiders believe that embracing big data and AI will become...
"Many high-tech measures are being. Industry insiders believe that embracing big data and AI will become an important direction for the future development of the catering industry applied in our restaurants," said Hou Mingjing, marketing director of Shandong Camry Commercial Group. "Our staff has been cut from over a dozen to just four after the robot chefs were introduced, and we also have food delivery robots in more than 20 of our restaurants." The robot chefs can automatically add oil...
Data on investments in the​ high-tech industry by venture capitalists are compiled by a corporation. A...
Data on investments in the​ high-tech industry by venture capitalists are compiled by a corporation. A random sample of 18 ​venture-capital investments in a certain business sector yielded the accompanying​ data, in millions of dollars. Determine and interpret a 95​% confidence interval for the mean​ amount, μ​, of all​ venture-capital investments in this business sector. Assume that the population standard deviation is ​$1.75 million.​ (Note: The sum of the data is ​$95.94 ​million.) Click here to view the investment data....
Big data in healthcare industry. Discuss the ethical issue with big data.
Big data in healthcare industry. Discuss the ethical issue with big data.
The cloud and big data in healthcare industry
The cloud and big data in healthcare industry
Synergy and Dynaco are the only two firms in a specific high-tech industry. They face the...
Synergy and Dynaco are the only two firms in a specific high-tech industry. They face the following payoff matrix as they decide upon the size of their research budget: Synergy’s Decision Large Budget Small Budget Dynaco’s Decision Large Budget $30 million, $20 billion $70 million, $0 Small Budget $0, $30 million $50 million, $40 million If Synergy believes Dynaco will go with a large budget, it will choose a budget. If Synergy believes Dynaco will go with a small budget,...
Synergy and Dynaco are the only two firms in a specific high-tech industry. They face the...
Synergy and Dynaco are the only two firms in a specific high-tech industry. They face the following payoff matrix as they decide upon the size of their research budget: Synergy’s Decision Large Budget Small Budget Dynaco’s Decision Large Budget $30 million, $20 billion $70 million, $0 Small Budget $0, $30 million $50 million, $40 million 1. If Synergy believes Dynaco will go with a large budget, it will choose a SMALL OR LARGE?? budget. If Synergy believes Dynaco will go...
Too Big to Fail", has become a phrase associated with the banking industry and even gave...
Too Big to Fail", has become a phrase associated with the banking industry and even gave rise to a film on the financial crisis of 2007-2009. Here are some questions you may discuss and comment on (See the links under Resources below for additional information): Do you think that with all the regulations in place now, including the Dodd-Frank Act of 2010, and the recent changes to the act, we can avoid another major financial bail-out? Can you identify the...
What type of big data analytics are being referred in the following applications : (a) a...
What type of big data analytics are being referred in the following applications : (a) a system forecasting flash floods based on environmental data and models (b) Generating mean weekly sales for a supermarket in order to guide promotions of products (c) A system that analysts the causes of accidents from data for the past 5 years
Big data has become a buzzword in the accounting profession, but like other trending topics such...
Big data has become a buzzword in the accounting profession, but like other trending topics such as blockchain, AI and machine learning, it’s one that CPAs really need to understand. Agree or Disagree? How has big data affected the accounting profession? What are the professionals doing about this impact?
Your start-up company, one developing new materials for the high-tech industry, is competing for a contract...
Your start-up company, one developing new materials for the high-tech industry, is competing for a contract against a larger, well-established competitor. The contract is for the production of foils of a certain metal alloy that you already know how to produce by casting. However, the application requires conductivity an order of magnitude higher than the current performance. Describe how you would tackle this problem so your company would win the contract.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT