Please answer all question
1. Explain why and how customers drive the development of supply chain management.
2. Why do we say the supply chain strategy should be consistent with the company’s competitive strategy?
3. Give an example of the principal and agent model in our daily life and give one or two examples of moral hazard and reverse selection.
4. Please briefly compare the “efficient” and “flexible” supply chain.
5. What are the three commonly used procurement methods? Give one or two daily examples for each method.
6. Give your own reasons that why logistics emerges from military logistics management.
7. Which major task do you think is more important in production management?
8. Explain how ABC inventory control works.
9. Big data technology is a hot research issue in the past decade, please give your own imagination of the future of big data technology in supply chain management.
10. What the cons and pros of qualitative measures and quantitative measures in supply chain performance evaluation?
11. Please predict the implications of blockchain technology in supply chain management.
12. If you are running a fruit store in our university, what kind of supply chain risk you may suffer? And how can you manage these risks?
In: Operations Management
The product design group of Iyengar Electric Supplies, Inc., has determined that it needs to design a new series of switches. It must decide on one of three design strategies. The market forecast is for
200,000
units. The better and more sophisticated the design strategy and the more time spent on value engineering, the less will be the variable cost. The chief of engineering design, Dr. W. L. Berry, has decided that the following costs are a good estimate of the initial and variable costs connected with each of the three strategies explained below.
Low-tech:
a low-technology, low-cost process consisting of hiring several new junior engineers. This option has a fixed cost of
40,000
and variable-cost probabilities of
0.5
for
$0.54
0.1
for
$0.49
and
0.4
for
$0.47
Subcontract:
a medium-cost approach using a good outside design staff. This approach would have a fixed cost of
60,000
and variable-cost probabilities of
0.70.7
of
$0.52
0.2
of
$0.47
and
0.1
of
$0.37
High-tech:
a high-technology approach using the very best of the inside staff and the latest computer-aided design technology. This approach has a fixed cost of
85,000
and variable-cost probabilities of
0.90
of
$0.39
and
0.1
of
$0.38
What is the best decision based on an expected monetary value (EMV) criterion?
(Note:
We want the lowest EMV, as we are dealing with costs in this problem.)
High-tech
Subcontract
Low-tech
In: Operations Management
The purpose of this assignment is to allow you to understand scenarios and customer experiences in which AI and RPA can be used. You might need to do some additional research on specific technologies related to AI to complete the assignment.
First, select a current process that you face in your daily life. It might be something you face in your work, or at school, or in your personal life. For this process, complete the following:
1. Select a current process that you face in your daily life. It might be something you face in your work, or at school, or in your personal life. Use one or two paragraphs of text to explain the context for the process.
2. Create a simple process diagram describing this process. You can simply use boxes and arrows to identify the steps. Highlight which of those steps could be sources of “pain points” (that is, frustrate people interacting with the processes) and explain why. You will need to upload a file for this prompt.
3. Create a new version of the process where RPA and AI could be used to decrease (or even eliminate) the pain points. Your new process model should highlight the steps in which RPA and/or AI are used. For each use of RPA or AI technologies explain what that technology does and how you are using that specific technology. For each use of RPA or AI technologies explain how that technology would decrease (or even eliminate) the pain point.
In: Computer Science
Hi, please write me a reply to my classmates discussion respond. below is the question and my classmates respond I need a reply for that respond. thanks
Explain how technology has changed the learning environment. Give
examples.
Classmate respond:
Rapidly changing technology has had an enormous impact on the learning environment; and I suspect will continue to do so in the next 5 years.
Our current global health crisis provides one outstanding example. The expansion of user-friendly, widely accessible video chatting/web based video calls such as Zoom, Skype, and Facetime allow for even kindergarten students to connect with their teachers and fellow students. Without the use of this technology, many of our students across the nation would not have access to education right now.
Our text (Noe, R.A., 2017, pg 335) highlights "New technologies have made it possible to reduce the costs associated with delivering training to employees, to increase the effectiveness of the learning environment, and to help training contribute to business goals." Some examples of this are online learning management systems, which allow employees to track and continue learning at their own self-guided pace. My company uses an online learning management system and it's a great tool to push new training and annual certification courses our to existing employees. It also allows supervisors to periodically check status of training, and give feedback to teammates.
In: Operations Management
"I recently bought a new house for $200,000. There was a 20% down payment, and the rest was financed at 4.8 percent APR with monthly compounding. Monthly payments starting from next month will be $1,248.66. How many years will it take the firm to pay off this debt?"
Please let me know values used in calculator or any formulas.
In: Finance
In: Physics
Read the scenario, reflect and write down your reactions on the dilemma:
A woman was on her deathbed. There was one drug that the doctors thought might save her. It was a form of radium that a druggist in the same town had recently discovered. The drug was expensive to make, but the druggist was charging ten times what the drug cost him to produce. He paid 200fortheradiumandcharged2,000 for a small dose of the drug. The sick woman's husband, Stans, went to everyone he knew to borrow the money, but he could only get together about $1,000 which is half of what it cost. He told the druggist that his wife was dying and asked him to sell it cheaper or let him pay later. But the druggist said: “No, I discovered the drug and I'm going to make money from it.” So Heinz got desperate and broke into the man's laboratory to steal the drug for his wife. Should Heinz have broken into the laboratory to steal the drug for his wife? Why or why not?
Fill up your reaction following the format below:
|
Level |
Stage |
Stans should steal the drug, because |
Stans should not steal the drug, because |
|
Pre-conventional |
Obedience |
||
|
Self-interest |
|||
|
Conventional |
Conformity |
||
|
Law-and-order |
|||
|
Post-conventional |
Social contract orientation |
||
|
Universal human ethics |
In: Nursing
Jody is planning to buy a car for $20,000, putting 20% down in cash, with the rest going towards a loan. The bank tells her that the interest rate on the loan will be 8% per year, which is then compounded monthly, for a three-year loan. What is Jody’s monthly payment going to be?
In: Finance
You would like to buy a house and will need a down payment of $19,367 in 8 months. How much would you have to invest, each month, starting next month, for 8 months to exactly pay for the down payment if your investments earn 2.58% APR compounded monthly?
In: Finance
In: Physics