A. WHAT IF. Read the scenarios below and discuss what possible solutions would be best loreach.1. What if you have no work experience then an advertisement for the job you are applying fo n dhecompany is looking for an applicant with one to two years of work experience?2.What if you do not have the specific computer skill specified for the vacant job position you areinterested in, but you are knowledgeable in other computer applications?3. What if your expected salary is way too high compared to the salary they are offering you for thejob you are applying for?4.What if you and your interviewer had a misunderstanding in the beginning of the interview?

A number of relevant skills are required to be considered as a great candidate for an open position…

Answered: Read the scenarios below and discuss…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so sure. Marge Brygay was a hardworking sales rep for Inspire Learning Corporation, a company intent on becoming the top educational software provider in five years. That newly adopted strategic goal translated into an ambitious, million-dollar sales target for each of Inspire's sales reps. At the beginning of the fiscal year, her share of the sales department's operational goal seemed entirely reasonable to Marge. She believed in Inspire's products. The company had developed innovative, highly regarded math, language, science, and social studies programs for the K— 12 market. What set the software apart was a foundation in truly cutting-edge research. Marge had seen for herself how Inspire programs could engage whole classrooms Of normally unmotivated kids; the significant rise in scores on those increasingly important standardized tests bore Out her subjective impressions. Bur now, just days before the end of the year, Marge's sales were $1,000 short of her million-dollar goal. The sale that would have put her comfortably over the top fell through due to last-minute cuts in one large school system's budget. At first, she was nearly overwhelmed with frustration, but then it occurred to her that if she contributed $1,000 to Central High, the inner-city high school in her territory probably most in need of what she had for sale, they could purchase the software and put her over the top. Her scheme would certainly benefit Central High students. Achieving her sales goal would make Inspire happy, and it wouldn't do her any harm, either professionally or financially. Making the goal would earn her a $10,000 bonus check that would come in handy when the time came to write out that first tuition check for her oldest child, who had just been accepted to a well-known, private university. Initially, it seemed like the perfect solution all the way around. The more she thought about it, however, the more it didn't quite sit well with her conscience. Time was running out. She needed to decide what to do. 1. Donate the $1,000 to Central High, and consider the $10,000 bonus a good return on your investment.
hey i have completed qustion A but was wondering if i could get help with the rest of the qustions. the qustions are below this. thank you. A company that produces cleaning products is considering a proposal to begin production of a new detergent thatwould cost $1 a bottle to make and distribute, and retail for $2.19 a bottle. Fixed cost for the operation would be$3000 a week. Assume that all output can be sold.(a) What would be the total cost, revenue and profit for a weeklyvolume of 10,000 bottles?(b) What is the break-even volume?(c) Set the problem in Excel, and use Goal Seek to confirm youranswer in parts (a) and (b).(d) Suppose the company has a goal to make a weekly profit thatis at least 25% of the revenue. What level of output satisfiesthis goal? Use the Excel Goal Seek to answer this question, andsubmit your printout.(e) Suppose the weekly demand for the new product is 3,500bottles, that is, the company could only make and sell 3,500bottles each week. Given the same fixed…
Let’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You need to create a proposal to give to the school on ways to improve the wellness center. What equipment is necessary to add to the wellness center? (AED, CPR certification for all employees?) What else would you want to add to the wellness center? How much would they cost? Please list out the costs ( ex: 3 treadmills: $ 3000/treadmill = $9000, Fresh towels: 25 towels at $3/each = $75) Use your imagination here. What would make the wellness center inviting? New Tvs? Towels? Better equipment? Music system? Outdoor classes that need equipment? You have to use the space you have but be creative! You have $25,000 ! Spend it! You will need to search for this information online. Please be sure to include references from where you found your costs. New Proposed Equipment: Item…
Let’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You’ve been given permission and budget to hire 2 assistant managers, 1 personal trainer, 2 employees (desk attendant/operations/floor coverage for safety) and 2 student workers (desk/attendant/operations). You need to create a proposal to give to the school on ways to improve the wellness center. Think: How will you market these new changes to students and faculty? What methods will you use? How much will that cost? How will you know these methods have been successful (what can you do to check this)? Provide 1 example of a marketing strategy ( flyer, instagram post, etc) Marketing Plan Method: Cost: Success measurement: Example:
10.a. In a shop that participates in a formalized preventative maintenance program, the _______ isresponsible for adjusting the PM schedule when a component fails more frequently than its currentinspection interval.A. maintenance engineerB. program administratorC. shop general foremanD. shop supervisor10.b. Which one of the following isn’t a goal of a PM program?A. Limit downtimeB. Save a company money on maintenance so that the cost of its products stays competitiveC. Keep a machine running within its specificationsD. Use fewer repair parts and less time to install those parts10.c. Which of the following tasks is an uptime PM task that can be performed while the machine is runningduring production?A. Checking the motor starter contacts for burned and pitted areasB. Checking for excess noise or vibration on the machineC. Checking the condition of the couplingD. Tightening electrical connections
Scenario # 2: Compensation and Benefits AdministrationYou just finished analysing information for the current compensation and benefits program information. You find thatsome changes should be made, as the majority of employees (you have 120 employees) are unhappy with what isbeing offered. In fact, the plan had not been revised in over fifteen years, making it dated and definitely ready forsome changes.One of the major points of contention is the Paid Time Off (PTO) the organisation offers. Employees feel the currentsystem of sick time and vacation time offers too few options. For example, one employee says, “I often come to worksick, so I can still have my vacation time for my vacation.” Another employee says, “I have given nine years to thisorganisation, but I receive only three days more than someone who has just started.” Here is the current PTO offering:1+ year 7 days5+years 10 days10+ years 14 days. Question a. Give a Definition of compensation package.
Scenario # 2: Compensation and Benefits AdministrationYou just finished analysing information for the current compensation and benefits program information. You find thatsome changes should be made, as the majority of employees (you have 120 employees) are unhappy with what isbeing offered. In fact, the plan had not been revised in over fifteen years, making it dated and definitely ready forsome changes.One of the major points of contention is the Paid Time Off (PTO) the organisation offers. Employees feel the currentsystem of sick time and vacation time offers too few options. For example, one employee says, “I often come to worksick, so I can still have my vacation time for my vacation.” Another employee says, “I have given nine years to thisorganisation, but I receive only three days more than someone who has just started.” Question: Here is the current PTO offering:1+ year 7 days5+years 10 days10+ years 14 days. Question a.What four cost considerations would…
Scenario # 2: Compensation and Benefits AdministrationYou just finished analysing information for the current compensation and benefits program information. You find thatsome changes should be made, as the majority of employees (you have 120 employees) are unhappy with what isbeing offered. In fact, the plan had not been revised in over fifteen years, making it dated and definitely ready forsome changes.One of the major points of contention is the Paid Time Off (PTO) the organisation offers. Employees feel the currentsystem of sick time and vacation time offers too few options. For example, one employee says, “I often come to worksick, so I can still have my vacation time for my vacation.” Another employee says, “I have given nine years to thisorganisation, but I receive only three days more than someone who has just started.” Here is the current PTO offering:1+ year 7 days5+years 10 days10+ years 14 days. Question: a. What four other considerations you would you…
Let’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You’ve been given permission and budget to hire 2 assistant managers, 1 personal trainer, 2 employees (desk attendant/operations/floor coverage for safety) and 2 student workers (desk/attendant/operations). You need to create a proposal to give to the school on ways to improve the wellness center. What are the hours of the fitness center? Are they different from the current hours? Why or Why not? Are there times for the teams to work out without students/faculty? What is the schedule for employees? Proposed Hours: ____________________________________ Reasoning: Team Work out times ( if applicable): ___________________ Employee Schedule: Sun Mon Tues Wed Thurs Fri Sat Manager Asst. Manager 1 Asst. Manager 2…
In a form of phrase, give 7 Training and Development Policies on a Construction Firm in each: a.) Employees b.) OJT students/trainees In a form of phrase, give 7 necessary skills or importance that will be acquired by the employees on a Construction Firm from these various trainings: a.) Induction Training b.) Health and Safety Training c.) Corporate and Departmental Training
Develop a fair procedure that will be used to determine merit raises and then decide the dollar raise to be given to each professor. provide not only the dollar amount of the raises, but also explain the process fordetermining raises and the rationale behind them.SituationSmall State University is located in the eastern part of the United States and has anenrollment of about 8,000 students. The College of Business has 40 full-time and morethan 30 part-time faculty members. The college is divided into five departments:Management, Marketing, Finance and Accounting, Decision Sciences, and InformationTechnology. Faculty members in the Management Department are evaluated each yearbased on three primary criteria: 1) teaching, 2) research, and 3) service. Teachingperformance is based on student course evaluations over a two-year period. Service tothe university, college, profession, and community is also based on accomplishmentsover a two-year period. Research is based on the number of…
Develop a fair procedure that will be used to determine merit raises and then decide the dollar raise to be given to each professor. provide not only the dollar amount of the raises, but also explain the process fordetermining raises and the rationale behind them.SituationSmall State University is located in the eastern part of the United States and has anenrollment of about 8,000 students. The College of Business has 40 full-time and morethan 30 part-time faculty members. The college is divided into five departments:Management, Marketing, Finance and Accounting, Decision Sciences, and InformationTechnology. Faculty members in the Management Department are evaluated each yearbased on three primary criteria: 1) teaching, 2) research, and 3) service. Teachingperformance is based on student course evaluations over a two-year period. Service tothe university, college, profession, and community is also based on accomplishmentsover a two-year period. Research is based on the number of…

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