operation management perspective
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1-Specify if Louis vuitton has been impacted by innovation or technology (as well as one other major factor – if any).
2- Specify Louis Vuitton main activities – while highlighting their nature from an operation management perspective (e.g., the production of (a) good(s) or the delivery of service(s),
3- Suggest a capacity enhancement factor (how can Louis Vuitton capacity be enhanced?)
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- 13. company a has a total of 2.5 revised efe matrix total score and a total of 2.5 within their previous efe matrix score. on the other hand, their previous ife matrix total score was 2.7 and their revised ife matrix total score is 2.9. on this situation, what should be the next step of this organization in evaluating their strategy? a. take corrective actions b. stop the previous strategy completely and create a new one c. compare expected results with actual results d. continue with their existing strategyHOMETOWN TECH CASE STUDY OPERATIONS MANAGEMENT CASE STUDY QUESTIONS: Evaluate Wendy Woo’s strategy planning for her new business. Why isn’t she able to reach her objective of $70,000? What should Wendy do now? Explain.An operations manager was heard complaining, “The boss never listens to me—all the boss wants from me is to avoid making waves. I rarely get any capital to improve operations.”a. Does the business have an operations strategy?b. What should be done about the situation?
- Review Illustration Capsule 2.2 and evaluate the mission of Tom's Shoes as stated. What are some of the key attributes of the firm's mission?32 Ms Fatima, General Manager of a company, she needs to develop a set of strategic objectives that will address the significant critical issues of the future. Identify the combination of criteria she has to consider while developing strategic plan: a. Available resources and SWOT Analysis b. Operation plan and SWOT Analysis c. Operation plan and available resources d. Bench marking and SWOT Analysis Clear my choiceMcDonald’s Hamburger University, also called the Harvard of the fast-food industry, trains restaurant owners and managers in ‘Hamburgerology’. Which business strategy diagnostic tool may have been deployed to identify the best utilisation approach of their existing resources and capabilities to create the Hamburger University? a. Activity System Mapping b. Value, Rarity, Inimitability, Organisational support c. Value Chain Analysis d. Strengths, Weaknesses, Opportunities and Threats analysis e. Analytical Methods for Measuring Proteins
- What is meant by a triple bottom line strategy? Give an example of how and in which OSCM activity an Operations Manager would adopt this strategy.b) Suppose a monopolistically competitive firm operates in a long run which produces 40 units of output at 120 taka per-unit cost (average total cost). Also MC of producing 40 unit output is 60 taka. By using this information, show the long run situation of a monopolisticallycompetitive firm in an appropriate diagram. c) Calculate excess capacity if socially efficient output is 100 units. Show it in graph too. [Note: b) and c) are related questions and draw separate graphs for each question]. Show all step. Answer must be correct.Hahn Manufacturing purchases a key component of one of its products from a local supplier. The current purchase price is $1,500 per unit. Efforts to standardize parts succeeded to the point that this same component can now be used in five different products. Annual component usage should increase from 150 to 750 units. Management wonders whether it is time to make the component in-house rather than to continue buying it from the supplier. Fixed costs would increase by about $40,000 per year for the new equipment and tooling needed. The cost of raw materials and variable overhead would be about $1,100 per unit, and labor costs would be $300 per unit produced. so What is the break-even quantity?
- Explain the three criteria used in the triple bottom line method under operations strategy ?Which of the following statements best describes the operations decisions that were changed by Starbucks to improve performance? Operations strategy, location analysis, and store design Operations strategy, store design, and job design Product design, employee training, and store design Product design, location analysis, and supply chain management How can Starbucks use big data analytics to effectively grow their business in China? Use the data to design products and processes to exceed environmental standards to achieve greater sustainability. Use the data to understand where the best opportunities are for locating stores. Use the data to manage suppliers and meet government standards. Use the technology to best determine how to handle outsourcing. Which of the following statements best describes how Starbucks approached China in terms of thinking regarding a global marketplace? Starbucks based their teams specifically in China for store design, digital, supply…Supratim Sarkar (Sarkar), head of Corporate Strategy and Operations at TechVision Pvt. Ltd. (TechVision) – an Indian multinational technology company, was a busy man. As head of the Corporate Strategy and Operations function, Sarkar had to manage various tasks with both short-term and long-term implications. He had to juggle between different activities, including heading a committee to formulate a 5-year plan for TechVision to become a $1 billion company by 2025; preparing an annual plan for 2020-21; reviewing the sales performance dashboard that went out to the CEO every fortnight; identifying sales opportunities on a quarterly basis; managing multiple stakeholders, planning and prioritizing the proposals and bid documentation for large deals; creating a robust tool that captured the sales representatives’ performance, and ensuring sales incentive pay-out happened every quarter; ensuring compliance to sales pipeline management; identifying opportunities for account penetration;…