Questions
Please study the article below and choose one specific corporation & business at your choice from...

Please study the article below and choose one specific corporation & business at your choice from the most unstable industries in the U.S. right now, in April 2020 due to corona virus impact and discuss in a word document the following topics (please do a brief research using external internet resources, website of the corporation, annual or quarterly company reports or your required book and OSM 311 power points):

-Company products & services

-The impact on sales or revenue or profit for this corporation of the corona virus effect on customers, supply chain, operation & employees, distribution, shelter in place government & state decision.

-What should you decide on inventory management (Anticipation inventory or Seasonal Inventory and safety inventory) as an operation manager for this company

-How can you reduce the inventory cost (slide 14) and Total cost minimization (slide 22-25).

-Losses & how to maximize the gross profit (review the break-even point)?

-Operations Strategies that your recommend for this business & corporation in this difficult situation of the economy (required book, page 581).

Airlines

With people around the world being asked to stay home and travel bans preventing people from entering and leaving certain countries becoming more common, the airline industry has been suffering major losses. Vertical Research Partners said that passenger revenues could decline to zero by the end of the first quarter and stay there for the whole year, Reuters reported.

Many major airlines have taken a hit. For example, Lufthansa has idled 700 of its 763 aircraft, and Qantas made plans to cut all international flights, which means 30,000 of its workers would need to take paid or unpaid leave.

The airline industry has been asking for government aid to get through the crisis, and on March 27, the U.S.’s coronavirus aid package passed, which would provide $58 billion to the American airline industry, Business Insider reported. The bill protects airline employee jobs through Sept. 30.

Many stakeholders see this as a win, including Delta Airlines and the Association of Flight Attendants.

“This is an unprecedented win for frontline aviation workers and a template all workers can build from,” Association of Flight Attendants president Sara Nelson said in a statement obtained by Business Insider. “The payroll grants we won in this bill will save hundreds of thousands of jobs and will keep working people connected to healthcare many will need during this pandemic.”

However, other experts think the bailout won’t be enough to save the industry, which relies on passengers to make revenue.

“We have an airline industry right now that is flying empty planes,” airline consultant Mike Boyd told CNN. “This isn’t going to save the industry unless we get back in [the] business of flying people.” And it’s unknown when that time might come.

“We’re talking about at least six to eight months down the road before flying starts to resume at anything approaching normal,” Boyd said. “And even then, we’re likely to see a significant reduction. One way or another, we’re going to have a smaller airline industry.”

Auto Manufacturing

Ford, General Motors, Fiat Chrysler, Honda, Toyota, Nissan and Hyundai have all shut down manufacturing plants amid concerns about the spread of the coronavirus, ABC News reported. The closing of  Ford, General Motors and Fiat Chrysler’s Detroit facilities will leave 150,000 workers without jobs, though they are likely to receive supplemental pay in addition to unemployment benefits.

However, the slowdown in demand for cars as a result of the coronavirus could have major ripple effects. According to one projection, for every seven-day period that consumers stop buying new vehicles, the U.S. economy would lose roughly 94,400 jobs and $7.3 billion in overall earnings, NBC News reported.

Construction

Although the construction industry is pushing to be seen as “essential” to keep their projects running, there could still be some major impacts to the industry. The shutdown of the production of construction materials in China could lead to material delays and more expensive materials stateside, Construction Dive reported. It could also lead to fewer projects, especially in the realm of hospitality, as clients and lenders pull back on funding and expansion in these times of uncertainty.

“My gut tells me we’re going to see higher prices and projects canceled, although I can’t point to the extent of it,” Joe Natarelli, national construction industry leader at accounting services firm Marcum, told Construction Dive.

Cruises

All the major cruise lines have ceased operations as countries continue to close their ports. Thousands of workers have lost their jobs — both those who work on the cruise ships and those who work at the ports — and the values of the three biggest U.S. cruise lines — Carnival, Royal Caribbean and Norwegian — have all plummeted, The Guardian reported.

“This will be a disastrous time for the industry,” Dr. Christopher Muller, a senior professor at Boston University’s School of Hospitality Administration, told The Guardian. “When you have 3,500 people booked on one of these mega cruises and the boat doesn’t go, it’s an enormous expense. Someone’s paying for that boat that’s sitting idle in the harbor and it’s very hard to recapture those ongoing fixed-cost losses.”

However, he believes the industry will be able to bounce back eventually.

“The logical thing is they will have to have very deep discounts, and those deep discounts will be especially present in the next cycle of cruise seasonality in September,” Muller said. “By August and September, the consuming public will be enticed to go back on cruises because the pricing is going to be outrageously good with enormous discounts.”

Film and TV Production

Major networks and film studios have put a halt on production as a result of the coronavirus outbreak. Netflix has stopped production on all shows in the U.S. and Canada, including “Stranger Things” season four; NBC Universal has suspended production on 35 or more shows; and Warner Bros., Disney +, Apple TV +, CBS, AMC and Viacom have all also paused production on their shows, Forbes reported.

The release dates of several major films have also been pushed, including “Wonder Woman 1984,” “In the Heights,” “Black Widow” and “A Quiet Place Part II,” while others have been released straight to streaming.

Over 100,000 entertainment industry workers have lost their jobs, while studios, networks and producers face major losses, the Los Angeles Times reported.

“There may be irrecoverable losses to the movie and entertainment industry,” Brian Kingman, who helps film and television companies find insurance policies, told the Los Angeles Times. “It’s going to take a long time to sort out.”

Gambling

As a result of the coronavirus, 92% of all of the casinos in America are now closed, including those in Las Vegas, the Las Vegas Review-Journal reported. In addition, the legal sports betting industry is also suffering as live sporting events have been canceled or postponed, Business Insider reported.

These closures not only affect the hospitality and gaming employees who are now out of work, but also the U.S. economy as a whole. If casinos remain closed for two months, it would rob the U.S. economy of $43.5 billion in economic activity, the Las Vegas Review-Journal reported.

Gyms

Many gyms and fitness studios have temporarily closed as a result of the coronavirus. But the pandemic hasn’t been bad for all sectors of the fitness industry — it’s actually been good news for Peloton, which has seen an increase in share prices, CNBC reported. But as people invest more in their at-home gyms while traditional gyms and fitness studios are closed, they might be reluctant to go back once they are open, feeling that they need to justify the thousands they just spent on new equipment.

In: Operations Management

Inflation is usually considered to be a bad thing, but some economists have recently suggested that...

Inflation is usually considered to be a bad thing, but some economists have recently suggested that more of it might be good because it would help with the national debt. Can you explain how inflation could make it easier for the government to pay down the national debt?

In: Economics

Critical Thinking Exercise – Analysis of the Brain “Let’s eat pizza!† Imagine that you are...

Critical Thinking Exercise – Analysis of the Brain
“Let’s eat pizza!â€
Â
Imagine that you are eating your favorite piece of pizza. Analyze what parts of your brain are functioning in order for you to eat the pizza. Make a 3-coloumn chart of
(1) a brain structure that is included in this single act,
(2) a brief description of the general responsibility of the brain structure, and
(3) a brief explanation of the role that the brain structure plays in eating pizza.
Note: One point will be earned for each part accurately listed with its proper function and role. In other words, list 15 structurs.

In: Anatomy and Physiology

Theoretically, fractional distillation gives better separation than simpledistillation .� Use mole ratios for early and late...

Theoretically, fractional distillation gives better separation than simpledistillation

.� Use mole ratios for early and late fractions from both simple and fractionaldistillations determined by GC analysis to calculate the volume and mole %composition of each. Present a single model of those calculations.

� Compare these mole % composition results to explain whether your experimentaldata supports this theory.

Data: Mole Ratio cyclohexane:touluene

Orginal mix: 1:1.05

early fractional simple : 1: 0.37

Late fractional simple : 1: 25

Early Fraction fractional: 1: 0.204

Late fraction fractional: 1: 194

In: Chemistry

A pair of bevel gears has the velocity ratio equal to (1.5). The driven gear has...

A pair of bevel gears has the velocity ratio equal to (1.5). The driven gear
has 20 teeth of (15.71) circular pitch and runs at 600 r.p.m. Calculate accurately
all dimensions and make working drawing showing the gears engaged. The shaft
diameters of driver and driven gears are 30 mm and 25 mm respectively.
Additionally, make the hub diameter equal to (1.7) from the shaft diameter.
Backing for driver and driven are 28 mm and 22 mm respectively

In: Mechanical Engineering

What is a VOID function? How do local and global variables differ? Explain how the value-return...

What is a VOID function? How do local and global variables differ? Explain how the value-return function works.

In: Computer Science

Is death, in any sense of death is something bad for us?

Is death, in any sense of death is something bad for us?

In: Psychology

Go to the Internet and find the following ratios for McDonald Corporation (MCD). Give the source...

Go to the Internet and find the following ratios for McDonald Corporation (MCD). Give the source of your information.

Debt Management

Formula

Calculation

Ratio

Debt ratio

total debt/total asset

Interest coverage

EBIT/Interest Charge

Profitability

Net profit margin

net income/total operating revenue

Net return on assets

net income/total operating asset

Return on common equity

net income to stockholders/ average common equity

Dividend payout ratio

total cash dividends/net income

Market Value

P-E ratio

(market price/share) / earnings/share

Market/Book

(market price/share) / (book value/share)

Dividend yield

(dividend per share) / market price per share

In: Finance

What are the differences between consumer and industrial goods, and what are the implications for international...

What are the differences between consumer and industrial goods, and what are the implications for international marketing?

Question 6

Why hasn’t the United States been more helpful in setting universal standards for industrial equipment? Do you feel that the argument is economically sound? Discuss.

Question 16

England has almost completed the process of shifting from the inch-pound system to the metric system. What effect do you think this will have on the traditional U.S. reluctance to make such a change? Discuss the economic implications of such a move.

Question 3

Discuss the ways Japanese manufacturers control the distribution from manufacturer to retailer.

Question 15

One of the first things companies discover about international patterns of channels of distribution is that in most countries, it is nearly impossible to gain adequate market coverage through a simple channel-of-distribution plan. Discuss.

In: Operations Management

Appraise and evaluate the integration of population, patient, process and profitability (net margin for NFPs) information...

Appraise and evaluate the integration of population, patient, process and profitability (net margin for NFPs) information in solving community health challenges and/or strategic planning for a health organization. Utilize the 4Ps of Health Analytics Adoption Model as if you are working for one of the organizations used in example 1 or 2 from the text and discuss your results.

In: Operations Management

Application Exercise: An ecologist hypothesizes that birds with longer wing spans use wider tree branches. The...

Application Exercise:
An ecologist hypothesizes that birds with longer wing spans use wider tree branches. The ecologist captured male birds, measured their wing lengths and other characteristics in millimeters, and then marked and released them. During the ensuing winter, the ecologist repeatedly observed the marked birds as they foraged for food on tree branches. He noted the branch diameter on each occasion, and calculated the average branch diameter for each bird in centimeters. The measurement data are below. What can the ecologist conclude with an α of 0.01?

Wing
Length
Branch
Diameter
79.3
80.1
80.7
81.5
79.5
80.7
81.1
80.5
79.7
1.02
1.04
1.21
1.53
1.21
1.56
1.39
1.31
1.39


a) What is the appropriate statistic?
---Select--- na Correlation Slope Chi-Square
Compute the statistic selected above:  

c) Compute the appropriate test statistic(s) to make a decision about H0.
(Hint: Make sure to write down the null and alternative hypotheses to help solve the problem.)
critical value =  ; test statistic =  
Decision:  ---Select--- Reject H0 Fail to reject H0

d) Compute the corresponding effect size(s) and indicate magnitude(s).
If not appropriate, input and/or select "na" below.
effect size =  ;   ---Select--- na trivial effect small effect medium effect large effect

e) Make an interpretation based on the results.

There was a significant positive relationship between wing length of the marked birds and branch diameter.

There was a significant negative relationship between wing length of the marked birds and branch diameter.     

There was no significant relationship between wing length of the marked birds and branch diameter.

In: Math

3. The Covington Paper Inc. would like to determine the location of its new DC which...

3. The Covington Paper Inc. would like to determine the location of its new DC which will serve their six manufacturing facilities in Midwest. Information is provided below.

  • Find the optimal location with median method. show your work
  • Find the optimal location with gravity method. show your work

Plants

x- coordinate

y coordinates

Production in terms of # of TLs /period

A

6

20

220

B

48

12

330

C

25

36

560

D

12

5

330

E

30

50

225

F

18

20

115

In: Operations Management

Five brands are competing in the market. Company A has 35,000 units sold at $5.00/unit. It...

Five brands are competing in the market.

  • Company A has 35,000 units sold at $5.00/unit. It sold to 7,000 households in market size of 84,000.
  • Company B has 12,000 units sold and revenues of $54,000 for these units. It sold to 3,000 households in market size of 21,000.
  • Company C has 14,000 units sold at $5.50/unit. The average household purchase was 2 units. Its market size of 105,000.
  • Company D has 5,000 units sold at $6.00/unit. It sold to 833 households in market size of 5,000.
  • Company E has 22,000 units sold and revenues of $126,500 for these units. It sold to 5,500 households in market size of 22,000.

What is the "three firm" concentration revenue ratio value?

In: Accounting

• Salary is one form of compensation. Benefits and incentives are other forms of compensation. Benefits...

• Salary is one form of compensation. Benefits and incentives are other forms of compensation. Benefits and incentives can range from flex time to paid time off, health insurance, bonuses, and commissions. Providing benefits can be very expensive for companies to provide.

Identify the three most important benefits you look for in a company? Explain your answer.

• Compensation is often tied to evaluation. Select the best method to use for evaluating employee performance. Identify and describe this method?

In: Operations Management

P made a 75% investment of Ksh.20 million in H on 31.12.2006 when the net assets...

P made a 75% investment of Ksh.20 million in H on 31.12.2006 when the net assets of H were Ksh.24 million (issued capital Ksh.12 million plus retained earnings Ksh.12 million). On 31.12.2007, H made a 60% investment of Ksh.10 million in S when the net assets of S were Ksh.15 million (issued capital Ksh.10 million plus retained earnings Ksh.5 million).None of the entities has issued new shares since 31.12.2006. There has been no impairment of goodwill since the acquisitions. The group policy is to value non-controlling interest at the proportionate share of net assets of the subsidiary. The summarised statement of financial position at 31.12.2008 and income statement of the three entities are shown below:

Statement of financial position

P

H

S

Ksh."million"

Ksh."million"

Ksh."million"

Investment in subsidiaries

20

10

Non-current assets

30

20

20

Net current assets

10

6

5

60

36

25

Issued capital

30

12

10

Retained earnings

30

24

15

60

36

25

Income statement

P

H

S

Ksh."million"

Ksh."million"

Ksh."million"

Revenue

100

80

60

Cost of sales

50

40

30

Gross profit

50

40

30

Other operating expenses

25

20

15

Investment income (intra-group)

6

3

Profit before tax

31

23

15

Income tax expense

9

6

5

Profit for the period

22

17

10


Required:

Prepare consolidated statement of financial position of the P group as at 31:12:2008 and the income statement for the year ended 31.12.2008.

In: Accounting