Problem 2: Nuclear Plant Load Factor The reference mode of the load factor of a Nuclear Power Plant is presented in Figure 2. Average Load Factor, % 100 80 60 40 20 0 1978 Nuclear Plant Load Factor 1980 1982 1984 1986 1988 1990 1992 Figure 2: Nuclear Power Plant Load Factor 1. Identify the negative loops that might be responsible for the behavior shown in Figure 2 2. Sketch a causal loop diagram to capture the loops you identify 3. What counterforces might prevent the state of the system from reaching its goal?
Q: In the context of Business Performance Management, please explain the value of meeting business…
A: Meeting business requirements is essential for an organization's success in the context of business…
Q: A project consists of seven activities. The following table shows the estimated time of the…
A: The longest series of tasks in a project plan that must be finished on time for it to be finished by…
Q: the main strategies in logistics for Supply Chain
A: Supply chain is the system in which individuals, resources, activities, organisations and…
Q: Is it possible that lean management overlooks certain factors that contribute to a thriving…
A: By raising the value of the items and processes, the form of Lean management seeks to maximise…
Q: onal companies considering cultural differences when engaging in Foreign Direct Investment.
A: For developing and rising market nations, foreign direct investment (FDI) is essential. To grow,…
Q: 1. Dawn understands her customers very well. She knows that they want two things: (1) speed in…
A: Dawn noticed that some inventory goods in their sandwich store are being consumed faster than…
Q: Let's talk about the logistics of storing and retrieving files in the schedule management system.
A: In a schedule management system, the logistics of storing and retrieving files can have a…
Q: 4.00 in 1911 would be equivalent to ~$125.00 in 2023. If a person in 2023 earned $125 per week (52…
A: Given, Earnings = $125 and weeks = 52 Annual Income =total earnings × total weeks…
Q: Generic project management practices advocate creating a work breakdown structure as the first…
A: According to an architectural perspective, creating a work breakdown structure (WBS) as the first…
Q: What are the international transport modes? Identify the criteria that a company might consider to…
A: Business is a very vast field where many processes are executed simultaneously to provide a good…
Q: Should Critical Processes Implement Supply Chain Measures?
A: The processes of a business are a series of action steps taken to achieve a common objective. This…
Q: [LO 8-1] 8-27 Estimating Costs in an Uncertain Environment Many companies face increasingly…
A: Estimating Costs in an Uncertain Environment Many companies face increasingly unpredictable costs…
Q: Both scope expansion and feature bloat are conceivable results. Explain the differences between the…
A: The scope of a project is crucial in determining its success, as changes to the scope can have a…
Q: is the search for best practices that will lead to superior performance. Anchoring O a. O b.…
A: In order to achieve superior performance, organizations are constantly searching for the best…
Q: Why should an organization make an effort to successfully integrate its external suppliers?
A: An organization ought to try to successfully integrate its external suppliers in light of multiple…
Q: Is it essential to carry out configuration maintenance?
A: A configuration is a group of characteristics that designates a finished product or deliverable.…
Q: Illustrate the configuration of the 4 departments in each of the 4 locations. Show the distances…
A: The configuration of the 4 departments in each of the 4 locations is as follows: Location A:…
Q: K Roger Ginde is developing a program in supply chain management certification for managers. Ginde…
A: Network diagram of the given activities:
Q: When a popular playwright opened a new play, he had to decide whether to open the show on Broadway…
A: a) We are given the equations determining profit for two scenarios - On broadway and Off broadway,…
Q: Explain how the new product development approach could impact on sourcing effectiveness.
A: The new product development approach can have a significant impact on sourcing effectiveness in…
Q: a-b) One of the possible assignment of tasks to workstations is shown correctly in Fig. 2 The…
A: Project schedule helps in calculating different values all related to the production cycle like the…
Q: Here is how the producer-consumer conundrum is described: Describe how it manifests itself in…
A: The producer-consumer conundrum is a synchronization problem that arises in computer science and…
Q: ChocoTown has a 4,000 square foot outlet store that serves five major customer regions, denoted A,…
A: Since the variable Xij represents no of units product shipped from location i to j. Xij = no of…
Q: The production planner for a private label soft drink maker is planning the production of two soft…
A: Profit maximization is the inclination of businesses to increase profits over the short or long term…
Q: The Dubuque Cement Company packs 80-pound bags of concrete mix. Time-study data for the filling…
A:
Q: Explain the five (5) modes of entry in Discuss the three (3) basic decision market.
A: It makes sense to consider entering other markets once you've maximized the prospects in your…
Q: 3. Consider the following non-stationary process: 3t = 7o+y₁t+24. with uput-1+ and ei.i.d. ².…
A:
Q: Students are required to submit a comprehensive discussion in response to the following: 1. Identify…
A: The P-O-L-C are the four functions of principles of management. They are planning, organizing,…
Q: A.). What do you think of the statement “Boeing dug its own grave by outsourcing so much of the 787…
A: Supply chain outsourcing refers to the practice of transferring the management and performance of…
Q: 6 Variable Cells 7 8 9 10 11 12 Constraints 13 14 15 16 17 Cell $C$8 A $D$8 B Name Cell Name $B$15…
A: sensitivity analysis is a report provided by excel solver It helps to analyse various aspects…
Q: Perform a financial analysis for a project using the Net Present Value method. Assume the projected…
A: The Net Present Value (NPV) is a technique that is basically utilized for financial analysis in…
Q: (Business Analytics) Problem 1) Maureen Laird is the chief financial officer for the Alva Electric…
A: Decision Variables- Suppose A1, A2, A3 are units of Assets 1,2 and 3 respectively.
Q: A student obtained zinnia seeds from the same seed packet and 30 identical pots of the same size.…
A: a. Hypothesis: The amount of light that the zinnia seedlings receive affects their growth in terms…
Q: K Southeastern Oklahoma State University's business program has the facilities and faculty to handle…
A: Utilization rate is used to calculate the percentage of actually realized potential output. Formula…
Q: In which order should she do these errands in order to minimize the time spent on her broom? Use any…
A: Linear programming is one of the mathematical techniques that is widely used by companies. This…
Q: Along the Western coast of India, an oil tanker has fouled 100 miles of the shoreline. Fourteen days…
A: Answer: a) 14 days have been given to the oil company. The local crew can clean 5 miles per day So,…
Q: Subject: Procurement & sourcing Q): Under which H.S Code Cherat Packaging Ltd. clear their raw…
A: Since multiple questions are asked, we will answer the first question for you. If you want any…
Q: Consider the following linear programming problem. Min s.t. 4A + 7B 1A + 4B ≤ 21 2A + 1B27 3A +1.5B…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: 3-16 Debbie Gibson is considering three investment options for a small inheritance that she has just…
A: Given- Returns for each possible combination-
Q: PROJECT MANAGEMENT : Which metric would you select and use to determine the value of long-term…
A: The business growth is based on the ethical moves made by the management and owners of the…
Q: How about the importance of project management to the management other resources
A: Organizing, integrating and mobilising assets to accomplish certain objectives and goals while…
Q: a. Formulate a linear program, clearly defining all variables used, to determine the production and…
A: A linear program (LP) is a mathematical optimization problem that involves finding the values of…
Q: Task-2. Briefly describe the 4 types of sampling techniques. Your description must use at least one…
A: Research is an integral part of growth. No organization can grow without conducting timely…
Q: case study: Anna runs a small cafe that’s really busy at lunchtime but quiet at other times. She…
A: Capacity signifies how much work/business can be done over a set period of time. A coffee shop that…
Q: Please elaborate on the significance of matching product requirements to production methods.
A: To explain: The significance of matching product requirements to production methods. Concept used:…
Q: You know when you have arrived at the optimal solution in using the time-cost CPM scheduling model…
A: Critical Path Method (CPM) The most common scheduling method in the transportation industry is…
Q: TMA manufactures 37-in. high definition LCD televisions in two separate locations, Locations I and…
A: Decision Variables:: Suppose-x be the no. of TV's shipped from location 1 to city Ay be the no. of…
Q: a) EOQ for the Kipor generators. b) Annual holding costs for the Kipor generators. c) Annual…
A: EOQ stands for economic order quantity. It is a company's optimal order quantity that undervalues…
Q: 1) What is the sample mean, sample standard deviation, minimum, and maximum of the waiting time in…
A: Given Sample mean: It is the average of a sample of observations, it is calculated by summing up…
Q: Comparing two threads inside the same process to two distinct processes. What is the optimal course…
A: The optimal course of action depends on the specific circumstances and objectives of the system. If…
Please add drawn causal loop with signs
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?Joseph Biggs owns his own ice cream truck and lives 30 miles from a florida beach resort. The sale of his products is highly dependent on his location and on the weather. At the resort, his profit will be $120 per day in fair weather, $10 per day in bad weather. At home, his profit will be $70 in fair weather and $55 in bad weather. Assume that on any particular day, the weather service suggests a 40% chance of foul weather. A) Construct Joseph's decision tree. B) What decision is recommended by the expected value criterion? NOTE: Please answer it all. Thank you so much. God bless! :)))Ann Archibald has ambition to be on the County Governing Board. Her staff has determined the breakdown of tasks needed to secure the election. The following network depicts the breakdown. ( see atttached picture ) Her staff also has estimated the normal and crash times and costs for tasks involved in the breakdown. The information is summarized below. The campaign starts on 4/1/2022. Task Time Estimates (Weeks) Cost Estimates ($) Normal Crash Normal Crash A1 6 4 5,000 10,000 B2 3 3 4,000 4,000 C 10 8 4,000 7,000 D 4 2 1,000 2,000 E 2 1 1,000 2,000 F 3 1 4,000 7,600 G 5 4 7,000 12,000 H 7 5 8,000 14,000 I 2 2 1,200 1,200 J 4 3 5,000 5,800 K 8 6 13,000 15,000 L 5 5 6,000 6,000 M 4 4 2,500 2,500 1 Task A can be crashed by 2 weeks at an additional cost of $5000 ($2,500/week). 2 Task B cannot be crashed. Ann has…
- 6) Nicole has decided to go to school which costs her a total of P19,500 and give upi on a job that paid her P24,900 for the year. But instead, she can hope to earn P29,900 after she graduates. Nicole's opportunity cost amount to?a. P19,500 b. P24,900c. P29,900d. P5,000 7. Villanueva Enterprises reported the ff. information. What is the cost of goods manufactured in February?I. Jan. 2017 -job accumulated cost of P3,000ii. Feb. 2017 -the following costs were added to production: Job 1-P10,000 Job 2-P8,000Job 3-P7,000 III. Feb. 2017 Job 1 was completed and sold for P18,000 Job 2 was completed but not sold Job 3 remains in production b. P8,000c. P10,000 d. P13,000e. P21,000 8. Julie borrowed a certain amount from Diane on June 2016. Two years later, Julle i again borrowed P5,000. Julie decided to pay P1,000 on June 2019 and dischargei her balance by paying P7,500 on June 2021. What was the amount borrowed oni June 2016 if the interest rate is 8% compounded annually?a. P1,389.50 b.…Scenario 3: A problem with paper You are a franchisee for Fatto’s Burger Palace in a small college town (“where friends meet to eat”). The specialties of the house are the “Giant Burger Supreme” and the “Hound Doggie,” both of which contain 26% or less fat. Business is good, especially when the college dietician decides to put soy stew on the menu in the dining halls. Recently, agitation by environmental extremists has forced the restaurant to abandon the convenient clam shell boxes of polystyrene in favor of paper boxes. The latter are a little more expensive, but take up less space. They are somewhat difficult and time-consuming to fold. Customers are now complaining about the oil stains on the inside of the burger box. Water tends to seep through and make the package limp in some cases. This has required putting more napkins in each order. In addition, the blazing red Fatto’s symbol on the top of the boxes now has fuzzy edges, whereas it was sharp and crisp on the clam shell boxes.…Break-even analysis is an important tool for managing any business, including colleges and universities. Identify 3 areas where break-even analysis might be used at a university. For each area, identify the revenues, fixed costs, and variable costs.
- S9. A Co-operative bank QLB grants loansunder the following conditions. -(a) If customer has an account witbank and has no loan outstandingwill be granted.(b) If customer has an account with thebank but some amount is outstandingfrom previous loan, then loan will begranted if special arrangementapproval is obtained.(c) Reject loan applications in all other cases. Draw Decision Tree and Table for the bank . This under System Analysis and Design.Classify the following risks into variation, foreseen uncertainty, unforeseen uncertainty, and chaos:f. Competitors to the iPad launch smaller tablet computers before the iPad mini isready to launch, thus negatively affecting demand for the iPad.A leading manufacturer of video games is about to introduce four new games. The accompanying tablesummarizes price and cost data, Combined fixed costs equal $600,000. A marketing research study predicts thatfor each unit sold of Diablo, 2 units of Call of Duty: Modern Warfare, 3 units of Sekiro and 4 units of Starcraft IIwill be sold.GamesDiablo Call of Duty Sekiro Starcraft IISelling Price (in dollars) 55 48 33 22Variable cost/unit (in dollars) 22 17 12 11a) How many product mix units must be sold to break even?b) How does it translate into sales of individual games?