Operations Management 4.3 If you were to play a simulation game next term, also in a group, what would you do differently? "
Q: Outline TWO benefits of production sheet to the operational control in the kitchen.
A: Production sheet is a planning tool which records how much task is done and number of goods…
Q: What is lean management? And can it be a beneficial strategy for a young entrepreneur?
A: Today, managing a company is not an easy task. Many different activities are conducted and managed…
Q: The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she…
A:
Q: A firm finds that it sold 150 units in January, 160 in February, and 170 in March. What is the…
A: Forecasting is the process of estimating future demand based on previous or historic data.
Q: Hau Lee Furniture, Inc., spends 60% of its sales dollars in the supply chain and finds its current…
A: Given data; % Sales 100000 100 Cost of material 60000 60 Production cost 20000 20…
Q: 10. Imagine that your friend is opening a pizza business with home delivery, and you are advising…
A: To be successful in this venture, it's important to consider both order winning factors and…
Q: IntelliTek is an information technology (IT) consulting company that provides IT solutions for…
A: Outsourcing is a practice in which a business hire an outside party to perform some of its tasks…
Q: Is it possible to convey the concept of optimality in dynamic programming?
A: Yes, it is far feasible to bring the idea of optimality into dynamic programming. Dynamic…
Q: What role does TOM's benchmarking play?
A: Total quality management is a process in which a firm continuosly improves its processes services…
Q: ustify the requirement for a trained project manager to oversee complicated tasks.
A: A project manager is an individual who controls supervises and monitors the project members and…
Q: 1. A businessman needs 5 cabinets, 12 desks, and 18 shelves cleaned out. He has two part-time…
A: Note: - Since it is specified to answer question number 2 we will answer question 2 here. If answer…
Q: Is it possible to increase the quality of healthcare processes by engaging with suppliers? Explain…
A: Concept Introduction Partnership must be the most effective solution where both Healthcare entities…
Q: How can a budget deficit be reduced? By only increasing taxes Lowering taxes and raising government…
A: A budget deficit refers to a condition where the government expenditure is in excess over its…
Q: Green Valley Mills produces carpet at plants in (1)St. Louis, (2)Richmond, and (3)Nashville. The…
A: Given data is
Q: What is the significance of aligning the capabilities of the process to the needs of the product?
A: Aligning by capability provides a cooperative organization. It enables working as an ecosystem to…
Q: Explain the advantages of using network diagrams rather than Gantt Charts.
A: A network diagram is a diagram that shows a pictorial representation of the project activities and…
Q: Subject: Product Design and Development Make sure your answer is right if not surely it will be…
A: Variable cost refers to the costs which varies with the change in the output ,an increase in output…
Q: aintain an existing supply chain, wh
A: The distribution of a product from its place of origin to its point of consumption is referred to as…
Q: Use one or some example(s) to illustrate the difference between outsourcing, offshoring,…
A: Outsourcing and offshoring, two terms that get thrown around casually all the time, seem to be…
Q: How can the tourism industry reduce & eliminate probable risks in Covid 19 situation?
A: The coronavirus (COVID-19) pandemic has caused an unparalleled disaster due to its swift and massive…
Q: Roy Creasey Enterprises, a machine shop, is planning to move to a new, larger location. The new…
A: Given, The flow matrix and distance matrix. The distance matrix can be mirrored to get the other…
Q: A fixed-position layout A. groups workers, their equipment, and spaces/offices to provide for…
A: Fixed-position layout covers the project type that remains at one place and all other elements and…
Q: Why is it important for a firm to successfully integrate its external suppliers?
A: Suppliers are backbone of the supply chain because without supplier it's impossible for a firm to…
Q: What was one national security policy the United States established during the Covid-19 pandemic?
A: Covid-19 pandemic has resulted in huge loss to human life. It presented an extraordinary challenge…
Q: List and explain the actions that must be taken throughout the project beginning and planning phase
A: Project is a task that carried out individually or collaboratively to achieve a particular goal…
Q: What is the fundamental distinction between design capacity and effective capacity? Provide a brief…
A: Design capacity and effective capacity are two important concepts in operations management. Both of…
Q: he project manager and project delivery team members will need to ensure the scope of the project is…
A: Project scope management directs to the act of describing & controlling all the procedures…
Q: Given the following activity network: A1 A3 activity A1 takes 5 weeks, A2 takes 10 weeks, and A3…
A: Given dataActivity A1 = 5 weeksActivity A2 = 10 weeks Activity A3 = 7 weeks
Q: Randy, James, Michael, Sophie, and Emily are employees of an organization. Their boss has requested…
A: Average time to gift wrap = 10 minutes Available time = 8 hours = 8 hours * 60 minutes in an hour =…
Q: What does a basic project plan include?
A: A project is a task that is performed in series to reach the stage of the completion of that project…
Q: The company's sales history (in thousands of units) is shown in the table below. Use exponential…
A: Concept and formulas used: FIT = Forcast Including Trend FIT = Ft + Tt Ft = FITt-1 + a…
Q: Herb earns $10.15 per hour for the first 40 hours per week and $15.25 per hour for overtime hours.…
A: Given data; Earning per hour for first 40 hrs = $ 10.15 Earning per hour after 40 hrs = $ 15.25…
Q: You were just hired as the head strength coach at a NAIA school. You are the first strength coach…
A: Management process in a business is implemented to reduce the time wasted on repetitive tasks. It is…
Q: The contract of sale is distinct from other types of contracts because it has two additional…
A: A contract of a sale is a contract in which the one party agrees to buy and another party agrees to…
Q: RJ produces chocolate balls. There are five samples, and each sample contains 4 packs of chocolate…
A: Given data:
Q: The International Chef, Inc., markets three blends of oriental tea: premium, Duke Grey, and…
A: Let x be premium, y be duke grey and z be breakfast With the given profits, we have to maximize then…
Q: What are the three most significant concerns when purchasing hardware?
A: Hardware refers to the physical part which we can see and has physical apperance and we can touch…
Q: w or detect the existence or not of outliers before any further analysis of his or he
A: Detection of Outliers
Q: Supposse that you are an OM intern at a drone manufacturing company and that while completing an…
A: As a OM intern I have to select true statements. (a) A black box (as per systems theory terminology…
Q: How have Graeter’s owners used the four factors of production to build the business over time?
A: Factors of production are some of the resources that are used commonly to manufacture a product or…
Q: xactly what are ERP systems? These
A: Enterprise resource planning is a cycle utilized by organizations to oversee and incorporate the…
Q: Solve the linear programming problem by the method of corners. Maximize P= x+ 6y subject to x + y s4…
A: The detailed solution is given in Step 2.
Q: A public utility intends to buy a turbine as part of an expansion plan and must now decide on the…
A: Given data: Average demand or mean (D) = 4.4 parts Purchased cost = $170 Holding & disposal…
Q: A Pizza Company has a demand forecast for the next 12 months that is shown in Table 1 The current…
A: Find the Given details below: Month January February March April May June July August September…
Q: Supposed that a decision-maker faced with four decision alternatives and four states of nature…
A: Given data:
Q: of the following categories would most likely NOT use an employee labor dollars to determine its…
A: Attacking another person or organization's information system is known as a "cyberattack," and it is…
Q: Solve the following LP formulation and determine the number of Surplus units in constraint B. MAX 4X…
A: Given LP- Max 4X+2Y Subject to constraint- X+Y≤5 X≥1 2Y≤8 X,Y≥0
Q: Describe the ideal exterior store design for Clothing Store
A: The exterior of any store is an external part of the store that protects the store from outside…
Q: As a student that has studied Human Resource Development, using training program for subordinates,…
A: Assessment measurements can perceive you a ton about how well your preparation is functioning, and…
Q: If the variable cost of Machine #1 is increased by $0.30 per box, what is the new breakeven point…
A:
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- It is Monday morning and you are browsing the website of your competing firm FAZ, suddenly you noticed that FAZ hired a new director of sales. Presumably, this person will be responsible, among other things, for taking your competitor's sales team to the next level. As long as this person is halfway decent to his job, it won't be long before your sales reps find themselves in an increasing number of competitive deals. This scenario is best related to: Strategic and competitive intelligence professionals O Customers intelligence O Competitive intelligence Competitors' research and developmentWhich among the following is one of the advantages of the McKinsey 7S model 1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt. 2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 3 It is considered a longstanding theory, with numerous organizations adopting the model over time.good day tutor! im here to cure my doubts i hv 1 question. please kindly help solve. Required: selected company: Pfizer Inc. 1. Prepare a PESTLE analysis for Pfizer Inc. (4 points for each component–political, economic, social, technological, legal, environment). Provide at least 6 relevant examples. It is suggested to take into consideration about the current situation happening nationally and globally. (such as Covid19/economic recession/all the downfall & downturns happened due to Covid19) Thats all. tutor, i hope for a clear, precise & easy-to-understand explantions. (non-plagiarized answers) thanks tutor! much appreciated~
- Which among the following is one of the advantages of the McKinsey 7S model 1-It is considered a long-term model 2-With the changing nature of businesses, it remains to be seen how the model will adapt. 3-It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 4-It is considered a longstanding theory, with numerous organizations adopting the model over time.28 When managers make decisions that are objective and for the best interest of the firm instead himself/herself, they are following the concept of A) escalation of commitment B) bounded rational decision making C) rational decision making D) intuitive decision making E) none of the aboveHow might an executive’s comments to Wall Street analystsaffect demand forecasts, and what are the consequences ofdoing so?
- 2.1) Explain the importance of the management environment analysis and its impact on decision-making in a company like EskomI need a detailed outline of a report about a future issues in the real estate/ property management industry. Report must be about future issues in the real estate/ property management industry. Consult an in-depth article from a business publication on a topic or issue about this industry. Such topics are often discussed in year-end or year-beginning issues of publications or business programs. Examples of topics might be things like increase in cost of living, rising inflation and labor shortages (at least two out of the three topics should be discussed).The outline must describe the issue and its potential impacts on a real estate company. This assignment must be one to two pages long, and it should be a detailed outline, with clear topic sentences, sources of information, and key points highlighted. Outlines have specific formatting and layout requirements. The point is to have a clear direction and to demonstrate an understanding of the topic researched/ discussed.When Ali Awad was first appointed as CEO to Shield, one of the top security companies in Lebanon, he started to conduct a situation analysis in order to identify the positioning of the company among its rivals and competitors. Such decision will include * Eliminating over budgeting Assessing strengths and weaknesses All of the answers O Examining the company infrastructure
- Provide a brief definition or explanation of each of the following terms within the context offinancial business management, together with a comprehensive example. 1-The risk-return principle. 2-The current ratio. 3-Net profit margin.Scenario 1Use the five-step decision-making process to analyse the following situation and recommend acourse of action: You are in charge of granting all computer hardware service contracts for your employer, which areworth more than $30 million annually. You casually indicated that you were seeking to buy a new carand that you particularly liked the Audi automobile but that it was very expensive in recent emailswith the company's current service provider. You are taken aback when the service provider texts youthe phone number of the sales manager at a nearby Audi dealership and advises you to call him. Theservice provider claims that because of his close friendship with the dealership's owner, he will be ableto offer you a fantastic price on a new Audi. Could it appear that you were asking for a bribe if yourmanager saw a copy of the texts you sent to the contractor? Could you classify this offer as a bribe?How would you respond?. GIVE 5 EXAMPLES OF ERGONOMICS SITUATIONS AND ITS IMPORTANCE