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    OPERATIONS MANAGEMENT PRINCIPLES

    Operations Management Principles At the monthly meeting, one of your coworkers stated that "Using the right analysis tool will compensate for inexperienced managers." How would you reply to your coworker? Consider the following items in your discussion: 1. Do the tools help only in certain situations such as routine, da

    Average time spent in the waiting line.

    Problem 2 During registration at a university, students have their courses approved by the adviser. It takes the adviser an average of 2.8 minutes (exponentially distributed) to approve each schedule, and students arrive at the adviser's office at the rate of 20 per hour (Poisson distributed). You are required to answer the f

    Strategic initiative

    When working in the area of strategic management, you will often be asked to look at what appears to be a strategic initiative on the part of another company and speculate as to what the strategy behind the initiative really is. In other words, what is the company really trying to do and why? You will find that you have to use y

    The Exley Chemical Company Case

    Read The Exley Chemical Company Case in Chapter 11 of your text. (SEE ATTACHED) You are to act as an OD consulting team who has landed the Exley Chemical Company as a client. Collaborate on creating a case analysis using the Case Analysis Format as it appears on page 342 of your text. (SEE ATTACHED) You can add additional space

    Performance Appraisal Programs

    SCENARIO: You are the Director of Compensation and Benefits for Lansing-Smith Corporation, a 6-month old sales and service organization that currently has a workforce of 150 employees. You recently joined the organization when the Vice President of Operations decided to move the Compensation and Benefits function out of the Acc

    FTC and Price Fixing Case Example

    The organization you work for is under investigation for price fixing. You have been asked by your manager to gather some information on recent price fixing cases to help your company defend itself. Visit the website for the U.S. Federal Trade Commission to get the facts on the most recent price fixing cases. Click on the Sea

    Communications through a business letter

    Writing a business letter about a high priced item that is rather complicated like a stove or stereo or a vacation in Europe, to the company or organization that's offering it and ask four questions that is important to you. Be sure to include enough background information, so the reader can answer your questions satisfactory.

    Case analysis of Luchetti

    Apply underlying theory to write a case analysis about Lucchetti, including recommendations in the report Lucchetti pp 171-183 Strategic Management 7th edition by Hill/Ireland Conclusions ? Businessmen in Peru tend to make decisions based more on business objectives rather than on ethical issues. ? Str

    Effective Presentation Skills for Various Audiences

    Imagine you have been asked to make FOUR presentations on "Effective Presentation Skills" for FOUR very different audiences. What would be your presentation objective for each group? Write a 1-sentence objective statement (also known as "purpose statement") for each of the following audiences (refer to page 15 of the Munter a

    Solution must be with POM Software

    Program the linear programming formulation for the problem below and solve it with the use of POM (software). A firm uses three machines in the manufacturing of three products: ? Each unit of product 1 requires three hours on machine 1, two hours on machine 2, and one hour on machine 3. ? Each unit of product 2 require

    Discuss: Elastic, Inelastic or Unitary Elastic?

    Suppose the price of apples rises from $3 a pound to $3.45 and your consumption of apples drops from 30 pounds of apples a month to 21 pounds of apples. Calculate your price elasticity of demand of apples. What can you say about the price elasticity of demand of apples? Is it Elastic, Inelastic, or Unitary Elastic? Be sure to sh

    Plant closing- How to handle?

    In this assignment, propose a plan to close the assembly plant in Eastland, Michigan. In this plan, be sure to explain the following: Terms of the close - what notice would you give, what benefits would you provide, etc. Describe all of the affected stakeholders and how their interests will be considered. Who do you propo

    Create a comprehensive risk management plan

    I ADDED THE SCENARIO: Scenario You are a manager at Lectocomp Electronics Manufacturing Company, a company that produces a number of different computer boards used in various products produced by their customers. At the company's quarterly meeting, the head of marketing described a new product to be introduced in the first

    Change Management

    What recommendations would you give for a manager to lead the change process and then sustain the changes in an organization?

    Business: Return on Investment

    Joe won a lottery jackpot that will pay him $12,000 each year for the next ten years. If the market interest rates are currently 12%, how much does the lottery have to invest today to pay out this prize to Joe over the next ten years? b) Mary just deposited $33,000 in an account paying 10% interest. She plans to leave the mo

    Operations Management Principles

    You have been tasked with assisting the three facilities in Oregon. The "T" facility manufactures toner cartridges, the "P" facility manufactures PC printers, and the "S" facility manufactures stamped metal parts, injection molded plastic parts, and some assemblies for the T and P facilities. The T and P facilities are located i

    2 Questions

    1. (TCO D) When there is a production constraint, a company should emphasize the products with: the highest unit contribution margins the highest contribution margin ratios the highest contribution margin per unit of constrained resource the highest contribution margins and contribution

    Strategic Management

    Please provide guidance and recommendations on how I should develop a 2 to 3 pages paper based on the scenario provided below. Details: In six months you are to present a complete business plan for Able Corporation to the Strategic Officers Steering Committee (SOS-C). Able Corporation is a US manufacturing company located

    Significance Test for Correlation

    The following hypotheses are given. H0: p<= 0 H1: p>0 A random sample of 12 paired observations indicated a correlation of .32. Can we conclude that the correlation in the population is greater than zero? Use the .05 significance level.

    QUANTITATIVE DECISION MAKING (LAPIN/WHISLER)" CPM Problem

    (See attached file for full problem description) --- 14-11 The activities in the table apply to the computerization of a company's accounting system, presently operated manually. (see chart in attached file) All of the program routines can be written independently before the computer is installed and can be debug

    Cost Management Systems

    Activity-based costing (ABC) is a system that gathers overhead costs for organization activities, and then assigns those costs back to products, services, departments, sales territories or other cost objects. La Villa Roma Pizza wants to determine the cost of delivering pizzas to clients. The company is considering whether to ch

    Healthcare Management - Identify the organization's core competencies.

    1. Identify and describe the healthcare organization that will serve as your focus throughout the course. Include details about the population it serves and the services it provides. 2. Identify the expectations and needs of the healthcare customer within that population. 3. Evaluate the organization's vision and mission sta

    Development and training companies

    If a company is having problems with employees not properly reporting claims (example reporting late and not including all the information) and adhering to proper guidelines when formatting their work, how should the company implement training?

    Operations management

    The Maser is a new custom-designed sports car. An analysis of the task of building the Maser reveals the following list of relevant activities, their immediate predecessors, and their duration. (see chart in attached file) a) Draw a network diagram for the project. b) Mark the critical path and state its length. c) If t

    Critical and Non-Critical Paths

    The estimated times and immediate predecessors for the activities in a project at Caesar Douglas' retinal scanning company are given in the following table. Assume that the activity times are independent. (see chart in attached file) a) Calculate the expected time and variance for each activity. b) What is the expected c

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