Trader Joe’s

Identify the concepts and their corresponding description, obtained from the survey of a construction company: In the context of a construction company, it is required to maintain the organization of different works that the company carries out. Our client is in the habit of organizing a set of tasks into what is called a batch. Items are used as units of work intermediate level, to which a limited amount of material can be assigned to fulfill the tasks that compose them. It is necessary to distinguish the suppliers and the prices of each material, even if there is only one supplier for each material. Although rare, tasks can have an associated machine; but generally, they have more than one. The machines are not related to the work other than by the tasks and the items; and only operators with category “A” can operate them. All workers are paid according to their category and the hours worked, regardless of the work. ➢ Carry out the definition of the types of objects found. ➢ Develop…

In many industrial sectors, original-equipment manufacturers (OEMs) face a challenging and uncertain future. In recent years, input prices have fallen and growth in emerging markets has slowed, decreasing new-equipment sales in industries ranging from oil and gas to agriculture to commercial aerospace. In response, CEOs at industrial OEMs are increasing their focus on aftermarket services.The appeal of this strategy is simple: services provide stable revenue and often higher margins than sales of new equipment. In this regard,Explain the role of lean mindset on enhancing logistics performance.

The following is a description of some data requirements for a chain of hypermarkets.  (a)   A company manufactures one or more cakes, and each cake is manufactured and marketed by exactly one company. (b)   Cakes are sold in hypermarkets. Each hypermarket  has a unique identification. Every hypermarket sells one or more cakes, but some hypermarkets do not sell every cake. (c)   Cake sales must be recorded by invoice, which are kept as a record by the hypermarket. An invoice clearly identifies the cake, chief, and customer, as well as the date it is filled. (d)   Chief produces cakes for customer. A Chief can produce one or more cakes for a customer and a customer can get one or more invoices, but a invoice is written by only one chief. (e)   Cake manufacturer companies may have long-term contracts with hypermarkets and a hypermarket can contract with zero, one, or more companies. Each contract is uniquely identified by a contract number.  Draw the appropriate entity-relationship (E-R)…

Work out this questions Calculation of output: the case of distributors - The following are the simplified data for a retail chain in dollar: sales: 4,567,800; total purchases: 4,120,500 (of which, goods for resale: 3,987,350); inventories of goods for resale at start of period: 476 000; at end of period: 548,400; inventories of materials at start of period: 120; at end of period: 3,250. Calculate the output, the intermediate consumption and the value added. Inflation is assumed to be negligible.

You are the Operations Manager of the UBSC which has an artificial soccer pitch. The club closes at 4 p.m. on Saturday. A community soccer club approaches you and asks to hire it from 4 p.m. until 6 p.m. If the pitch is open for public use you must provide staff, which will cost $30 per hour. What price should you charge for the hire and what are your business considerations?

What is a rationing device? Name two types of rationing device. Using a classic example of admissions procedure where applications exceed the number of intakes possible, state how universities solve this problem without the possibility of increasing tuition fees.

A custom t-shirt company decides to contract with an foreign supplier to source standard plain t-shirts. They find that the shipments were of inferior quality. This new information would lead you to recommend:   Group of answer choices For vertical integration, in order to reduce monitoring costs c. For vertical integration, in order to circumvent hold-up problems a. Against vertical integration, because markets are efficient

1. Barriers to entry are best described as: Group of answer choices When a retailer's entrance is crowded with many items, making it hard for customers to enter the store Limitations that the retailer faces, due to internal factors such as poor management decisions Limitations that the retailer faces, due to external factors such as availability of geographic locations   2. When cooking various dishes, Navid always buys "Hunt's" brand tomato sauce, because he sees tomato sauce as a commodity that isn't going to differ from brand to brand; therefore, he has never really considered other brands since Hunt's is already familiar to him. Therefore, he engages in which of the following decision processes? Group of answer choices Limited problem solving Habitual decision making Extended problem solving   3. In general, franchisees: Group of answer choices Pay a large one-time fee to the franchisor, and keep all profits after that Compete locally with other franchisees of the same retailer…

Given below is a table that represents number of customer visits, number of leads, number of conversions, average order value, and economic value per lead on Facebook and LinkedIn. Analyze the data and answer which channel has higher economic value of lead and higher conversion. Table is given in images.

K As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Soft Drink Wine Coffee Candy Selling Price $1.00 $1.75 $1.00 $0.75 Variable Cost $0.70 $0.90 $0.30 $0.35 % of Revenue 24 26 30 20 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $280.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $280.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $50.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $(round your response to two decimal places).

What is the relationship between demand management,order management, and customer service?

Explain and analyze why its whether good or bad to purchase a potato from a grocery store.

Ellie writes eBooks for people in business and has a very reputable name but is branching out to follow her passion of writing eBooks for children. This is a highly competitive market where her name as an author is not known.

As a manager in a bookshop, your company faces several costs in your regular operations. Using well–labelled diagrams and illustrations, where applicable, discuss at least five costs relevant to your operations; and how these costs can be managed for optimal operation in order as to achieve the objectives of your bookshop.

Need answer for a and b

Determine the ideal interior store design and layout for your store. Describe your choices of the following: - atmospherics-non-selling areas

In management science, as with many things, "new" is not always "better" and "analysis" doesn't always beat "intuition." To apply management science correctly, it is important to understand the relative advantages of intuition and analysis in a given situation and to be able to judge whether the benefits of an optimal solution are worth the time and effort needed to find the optimal solution. Review On Social Network Analysis in a Supply Chain Context In this paper, Borgatti and Li (2009) explore the application of a relatively new and very active field of study, social network analysis (SNA), to some long-standing supply chain management (SCM) problems. They argue that the application of SNA to SCM offers significant benefits to the companies that are willing to explore this new frontier. Post your analysis of the methods presented by Borgatti and Li (2009). At a minimum, be sure to address the following: Choose one application of SNA to SCM that you consider most promising and…

Calculate the total cost by using the Intuitive Lowest Cost approach to know the units should be shipped from each production line to each store so that the total costs are minimized.

Embroidery artist Inez Tan makes art with needle and thread (inez-designs.com). Her journey with embroidery started when she was pregnant with her first son who is now eight years old. She wanted to make something personal for her son's nursery. Since she already had a background in sewing from studying fashion during her undergraduate studies at RMIT University in Melbourne, she decided to pick up some new techniques and bought an embroidery kit - and that kicked off her passion for the craft. She also has a job doing administrative and accounts work for her husband's video production business. A former fashion buyer and merchandiser, she estimates she has worked on some 50 clients' projects to date. Most of them found her through Instagram or word of mouth. She believes that every memory has a story to tell. She creates embroidered family and pet portraits through needle and thread. They make great gifts for birthdays, anniversaries, and housewarmings – or if you simply just want a…

Supply chain management (SCM) refers to the coordination and optimization of the flow of goods, services, information, and finances from raw material suppliers to end customers. It involves various interconnected activities, including sourcing, procurement, production, inventory management, logistics, and distribution. Effective supply chain management aims to minimize costs, enhance efficiency, and maximize customer value and satisfaction. By leveraging technology, data analytics, and strategic partnerships, organizations can streamline operations, reduce lead times, mitigate risk, and respond swiftly to changes in demand or market conditions, thereby gaining a competitive advantage in the marketplace.   Question: How does effective supply chain management contribute to the overall success and competitiveness of organizations in today's globalized and interconnected business environment?

RFID technology is used to track the location of goods in transit and in store. Select one: a. False, b. True.

Gourmet Eatery has a policy of automatically adding an 18% tip to every restaurant bill. How much of a tip is added to a restaurant bill of $54?

A retail chain is experiencing a decline in sales and profitability due to increased competition and changing customer preferences. The company has decided to implement a cost-cutting program to improve its financial performance. You have been hired as a consultant to help the company identify areas where cost-cutting can be achieved without compromising the quality of products and services. Which of the following strategies would be most effective for the retail chain to cut costs without compromising the quality of products and services?    Reduce staff salaries and benefits    Improve supply chain management and logistics to reduce costs    Decrease the quality of products and services    Cut back on marketing and advertising expenses

Dr. Wei and Dr. Tusang have a small optometry practice, and they have been in business for over 15 years. They currently store charts in an offsite storage facility and do not have a retention plan or destruction policy. They are considering storing their records electronically. Dr. Wei saw your advertisement in the Journal of Optometry and phoned you for a consultation to discuss their options. What suggestion do you have for the doctors to reduce their off-site storage costs?

How to put this on a graph   y-axis: Total cost/revenue in dollars x-axis: Quantity of units sold per month The total fixed cost line is a horizontal line at $9,200. The total variable cost line is upward sloping, starting at the origin and with a slope of $0.70 per unit

There are several factors influencing warehouse operations. Advise Takealot on the importance of considering the levels of automation and information technology functionality when designing and constructing the new warehouse.

The Office Place is a new retail venture that is located in Omaha, NE that sells office supplies to retail“face-to-face” customers, online customers as well as to other businesses (primarily in bulk). Theirstrategy and mission is to sell their products at a deeply discounted price, while providing the bestcustomer service experience possible. This strategy is primarily based on industry research showing thatthere is a growing dissatisfaction with the level of customer service from retailers.This start-up will eventually employ approximately 100 people at various levels and positions and all willbe located in the Omaha, NE facility. The Omaha, NE job market tends to have lower unemploymentrates and more job stability than in other areas of the country.   1. Conducting comparative research on benefit packages (as well as any other supplementary data, such asindustry standards). The deliverable is to  identify your comparisongroup(s), the justification as to why you chose the comparison…

A jeans maker is designing a new line of jeans. These jeans will sell for $410 per unit and cost $328 per unit in variable costs to make. Fixed costs total $120,000. The contribution margin ratio is:

TRUE OR FALSE 1. With moderate participation level, customers work actively with the provider to co-produce the service 2. When demand and supply are balanced, firms will have idle capacity during low periods but have to turn away customers during peak periods.

Why a resort is recommended and appropriate for luxury travelers? Explain.

You have just been hired as an Assistant Manager of Green and White Food (GWF), a restaurant/bar supply business that provides a full range of wholesale products to eating and drinking establishment in the South-East United States. The business, established 25 years ago, caters to college students-oriented bar and grills. It has traditionally offered the lowest price on the market for food service products, although the level of service offered is significantly lower than other firms, roughly around 84 % in terms of product availability. Instead, focus has been on operational efficiency to minimize costs. Growth has been steady due to the slim profit margins experienced by most of the customers that the firm serves. In the last 2 years, however, a number of competitors have begun to match GWF’s prices while providing higher service levels, particularly in the areas of delivery replenishment time and product availability. As a result, GWF’s market share has been shrinking…

As a supply chain management student, you have completed key aspects of the disciplinethroughout your qualification. In this module, you learned about the operations of warehousemanagement and key decisions related to it. This question requires you to reflect on yourknowledge and understanding of warehouse management as a component of the supply chain.You are required to write a one-page report where you reflect on:• The role of warehouse management as a critical component of supply chain management.• Your opinion of warehouse management in creating a competitive advantage for a supplychain.• Your experience of learning the discipline of warehouse management. i.e., which sections ofthe module did you enjoy learning the most and which sections were more challenging tograsp?• From what you have learned, through your qualification, do you think technology can helpan organisation enhance operations or do you think that by taking away the human element(operating machinery), the increased…

Write a essay of 800- 1200 words, in which you analyse how Have Wings (restuarant and takeaways) in Soweto can ensure efficient operations and effective inventory management. Your discussion should include but is not limited to: Analyse the view that an effective inventory management system is premised upon the principles of accurate demand forecasting and keeping accurate records of inventory in the relation to Have Wings

The following strategic objectives have been derived from a strategy that seeks to improve asset utilization by more careful development and use of its human assets and internal processes: Increase revenue from new products. Increase implementation of employee suggestions. Decrease operating expenses. Decrease cycle time for the development of new products. Decrease rework. Increase employee morale. Increase customer satisfaction. Increase access of key employees to customer and product information. Increase customer acquisition. Increase return on investment (ROI). Increase employee productivity. Decrease the collection period for accounts receivable. Increase employee skills. The heart of the strategy is developing the company’s human resources. Management is convinced that empowering employees will lead to an increase in economic returns. Studies have shown that there is a positive relationship between employee morale and customer satisfaction. Furthermore, the more satisfied…

Which of the following is NOT an objective of sales and operations planning?    Establish greater accountability for individual plans developed by the various functional groups.    Coordinate supply chain partners.    Develop a maximum cost strategy for effectively meeting demands.      Establish communication among various stakeholders, including finance, marketing, production, and suppliers.

Consider Amazon’s distribution network. How is Amazon using its distribution network to be both responsive and cost-effective? Evaluate Amazon’s distribution network on the following measures that determine the value provided to the customer. Response time Product variety Product availability Customer experience Time to market Order visibility Returnability Do you think Amazon currently has the number of facilities to minimize its logistics cost , or it has decided to go beyond that minimum point to further improve its responsiveness? Do you think this decision is aligned with Amazon strategic position within the efficiency-responsiveness spectrum?