What are the possible alternatives? • What are the practical constraints? • What actions should be taken?
Q: What Is Support Operational Requirements?
A: Requirements are the items that are needed to complete a certain mission or achieve a specific goal.…
Q: Considering the allocation of resources to fill gap serves which of the following strategy?
A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…
Q: What is a flexible manufacturing system (FMS)?
A: A flexible manufacturing system (FMS) is a group of machines that include supervisory computer…
Q: What does it mean to take a big-picture approach to capacity planning?
A: The large picture approach can be thought of as considering all of a firm's variables in order to…
Q: Explain what is the significance of using a big picture approach to capacity planning?
A: The big picture approach can be characterized as considering all of a business's uncertainties to…
Q: Eastman Publishing Company is considering publishing an electronic textbook on spreadsheet…
A: Given Information: Fixed Cost = $ 160,000 Variable cost = $ 6 per unit Selling Price = $ 46 per…
Q: Describe what is master schedule formation in operation planning?
A: The master production schedule must be implemented correctly to achieve the aggregate production…
Q: What are the practical constraints?
A: Unethical behavior has been the most pressing concerned for many organizations. While employees are…
Q: For what types of firms is the theory of constraints analysis most appropriate? Why?
A: Cost management involves the development and use of cost management information within the…
Q: Indicate where do Resources come from?
A: Resources allude to every one of the materials accessible in our environment that assist us with…
Q: Explain Bottlenecks and Gap?
A: A bottleneck is a stage in a production system where there is a lot of work but not enough time to…
Q: Describe the process of Selection of Equipment and Technology?
A: Equipment may include supplies, materials, instruments, gear, machinery and other physical resources…
Q: snip
A: NGO stands for Non-Governmental Organization is a non-profit organization that functions…
Q: What is the significance of quality and suitable development and delivery schedules?
A: Quality is important for impressing your customers and maintaining their confidence so that they…
Q: Explain why is capacity planning is important ?
A: Capacity planning have included computer server, storage, labor maintenance, and product oriented…
Q: Activity 4 Direction: Determine which factor of production is needed in the following problem 1. The…
A: Answer: There are certain inputs that are transformed into outputs for producing goods or services.…
Q: Why is it important to adopt a big-picture approach to capacity planning?
A: It is important to build alternatives during capacity planning because it will aid in understanding…
Q: What information is contained in a bill of material?
A: A Bill of Materials (BOM) is the finished rundown of the multitude of things that are needed to…
Q: Explain what is master schedule formation in operation planning ?
A: Master Schedule Formation" In order to meet the aggregate production targets, the master production…
Q: Discuss how can the resources be deployed to achieve customer requirement?
A: Customer demands are elicited, analyzed, and translated into detailed technical specifications and…
Q: Explain briefly how a plant manager can improve EVA in a short amount of time.
A: Economic value added (EVA), often known as economic profit, is a residual wealth-based measure of a…
Q: What is the significance of using a big-picture approach to capacity planning ?
A: The big picture approach may be characterized as considering all the uncertainties in a business to…
Q: Snip
A: Inventory management is an approach that manages the inventory of the production unit from sourcing…
Q: Explain Aggregate sales and operations planning?
A: Aggregate sales and operations planning is the process of an organizational supply chain in which…
Q: An organisational analysis, a person analysis, and a task analysis are all part of a requirements…
A: Analysis is the process of reducing or separating a complex subject into exceedingly little pieces…
Q: What are demand forecasting and capacity strategy? Give an example of demand forecasting for a…
A: A company's decision-making is heavily influenced by demand. In a competitive industry, it is…
Q: 6.10. NanoTech is ready to begin production of its exciting new tech- nology. The company is…
A: Given data The amount using the first production technique is $200000+40x The amount using the…
Q: How can a systems approach to capacity planning be useful?
A: Capacity planning is the planning of a firm to know the production capacity needed to satisfy the…
Q: Define Wait-and-See Strategy?
A: Strategy is the plan of action to achieve the overall goals or targets. In an organization,…
Q: What functions of the firm affect an MRP system? How?
A: Operations is an important base for every organization, whether in manufacturing, service, or…
Q: Note- need correct option without explanation as fast as possible!! Low-variety operations do not…
A: The correct option is (A)
Q: What exactly is capacity requirements planning (CRP)?
A: Capacity requirement planning is an accounting term that refers to the process of determining a…
Q: What impact does the product mix have on capacity planning?
A: A practical item mix system enables a business to concentrate its efforts and resources on the goods…
Q: What technique does ERP use to link functional units?
A: The term ERP stands for enterprise resource planning. It is a type of business software system that…
Q: etting up restaurant/food se
A: Performing a feasibility study is critical to the growth of your start-up, but many new…
Q: What aggregate planning difficulty that might confront an organization offering a variety of…
A: Aggregate planning assumes that all the items that are being manufactured or being delivered AS…
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
• What are the possible alternatives?
• What are the practical constraints?
• What actions should be taken?
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- Rafael Johnson is the manager of a production department in Office Bliss Corporation, a firm that manufactures office equipment. After reading an article that stressed the benefit of participative management, Rafael believes that these benefits could be realized in his department. The first decision involved vacation schedules. On the vacation issue, the group was deadlocked and Rafael would have to resolve the dispute himself. The second decision involved production standards. New equipment made it possible for workers to earn more without working harder. The savings from higher productivity would pay for the new equipment. The workers recommended keeping production standards the same. The spokesman explained that their base pay had not kept up with inflation and the pay incentive simply restored their base pay to its prior level. Questions 1. Analyze this situation using the Framework for Understanding Leadership model (the 5 leadership approaches). What do the model suggest as the…Maria is an MBA graduate from a Malaysian higher learning institution, with 5 years’ experience in Operation Management. One day, while browsing jobstreet.com/ to her excitement, she received a job offer from a large and prestigious clothing company inShah Alam with open hands, Maria accepted the offer. She is all set to face the new challenges at the new workplace as Assistant Manager.Maria’s first assignment is to assist Madam Barbie, in handling the foreign workers that work in the factory. Maria was extremely happy on the first month of her employment. Madam Barbie respected her as an assistant. On several occasions she received praise for good discipline. Her views and opinions have been well considered and workload is just right. However, an event occurred that threatened to destroy all her contentment. She found out that the foreign workers have been treated badly by their supervisor in which they are not allowed to take medical leave and they need to work overtime for everyday…1. Discuss the extent to which the company’s action in this scenario was ethical. 2. Explore the moral intensity and ethical principles relevant to this3. What implications does this have on Team Members? 4. In your opinion does this infringe on your personal time away from work. ScenarioA large multinational grocery chain that emphasizes healthy lifestyles is recognized as one of the nation’s “greenest” companies, has generous employee benefits, and is perennially rated as one of the best places to work. Employees receive a 20-percent discount on company products. However, those who participate in the company’s voluntary “Healthy Discount Incentive Program” receive up to an additional 10-percent discount on their purchases (i.e., up to a total 30-percent discount). These additional discounts are calculated from employees’ blood pressure, total cholesterol (or LDL) levels, Body Mass Index (BMI), and nicotine-free lifestyle. For example, the full additional 10 percent discount is…
- 1. Discuss the extent to which the company’s action in this scenario was ethical. 2. Explore the moral intensity and ethical principles relevant to this3. What implications does this have on Team Members?4. In your opinion does this infringe on your personal time away from work. ScenarioA large multinational grocery chain that emphasizes healthy lifestyles is recognized as one of the nation’s “greenest” companies, has generous employee benefits, and is perennially rated as one of the best places to work. Employees receive a 20-percent discount on company products. However, those who participate in the company’s voluntary “Healthy Discount Incentive Program” receive up to an additional 10-percent discount on their purchases (i.e., up to a total 30-percent discount). These additional discounts are calculated from employees’ blood pressure, total cholesterol (or LDL) levels, Body Mass Index (BMI), and nicotine-free lifestyle. For example, the full additional 10 percent discount is…Critical Thinking CaseZappos, Holacracy, and Human Resource ManagementIn 2013, Zappos was performing well under the leadership of Tony Hsieh and was getting ready to take on anew challenge that would, among other things, push the boundaries of traditional human resourcemanagement. Although business was booming, Tony Hsieh was not a man who wanted to be in status quomode for too long, so he set out to implement an organizational and cultural change called Holacracy. Zapposwas the largest and best known of the 300 companies worldwide that had adopted Holacracy—a new form ofhierarchy that is a “flexible, self-governing structure, where there are no fixed jobs but simply temporaryfunctional roles.”In a Holacracy, the main unit is called the “circle,” which is a distinct yet fluid team. Leadership becamesimilarly fluid with the changing circles. Circles are designed to meet certain goals and are created anddisbanded as project needs change. The intent is that people self-select to work on…Mini –Case Mysterious Terminations Multi Global Finance and Insurance Corporation (MGFIC) was, by all accounts, a model insurance company. Profits were strong and had been for several years in a row. The company carried the highest ratings in its industry and it had been recently voted one of the top 100 companies to work for in the Philippines in recognition of its “very employee-focused work environment”. MGFIC offers very generous benefits: free lunches in the cafeteria, on-site daycare facilities and even free Starbucks Coffee in the employee break rooms. In an industry that was still struggling with the massive claims after a succession of typhoons and floods in the Philippines, MGFIC was financially stable and positioned to become one of the major insurance companies in the country. So, why were the CEO, Juan Paredes; the CFO, Lydia Sanchez and the COO, Jose Aquino all fired on the same day with no explanation other than that the terminations were related to issues of…
- Mini –Case Mysterious Terminations Multi Global Finance and Insurance Corporation (MGFIC) was, by all accounts, a model insurance company. Profits were strong and had been for several years in a row. The company carried the highest ratings in its industry and it had been recently voted one of the top 100 companies to work for in the Philippines in recognition of its “very employee-focused work environment”. MGFIC offers very generous benefits: free lunches in the cafeteria, on-site daycare facilities and even free Starbucks Coffee in the employee break rooms. In an industry that was still struggling with the massive claims after a succession of typhoons and floods in the Philippines, MGFIC was financially stable and positioned to become one of the major insurance companies in the country. So, why were the CEO, Juan Paredes; the CFO, Lydia Sanchez and the COO, Jose Aquino all fired on the same day with no explanation other than that the terminations were related to issues of conduct?…Given below is an article published in The Wire. Please read the article carefully to answer the questions given at the end. Azim Premji Bats For Worker Rights, Says Labour Laws Are Not Among "Industry's Top Constraints" In an op-ed, the IT services billionaire has said that diluting "already lax laws" will exacerbate conditions of low-wage earners New Delhi: IT services firm Wipro founder Azim Premji on Saturday said he was shocked to learn of recent decisions taken by various state governments to weaken labour laws. In an op-ed in the Economic Times, the Indian billionaire argued that the dilution of “already lax laws” would not boost economic activity. “This tragedy [death of migrants on train tracks in Aurangabad] is just one of the most wrenching markers of the tremendous misery that hundreds of millions of our fellow citizens are bearing, those who are the weakest and the poorest,” Premji wrote. “This is the reality we are living through. And so, it was shocking to hear that…Given below is an article published in The Wire. Please read the article carefully to answer the questions given at the end. Azim Premji Bats For Worker Rights, Says Labour Laws Are Not Among "Industry's Top Constraints" In an op-ed, the IT services billionaire has said that diluting "already lax laws" will exacerbate conditions of low-wage earners New Delhi: IT services firm Wipro founder Azim Premji on Saturday said he was shocked to learn of recent decisions taken by various state governments to weaken labour laws. In an op-ed in the Economic Times, the Indian billionaire argued that the dilution of “already lax laws” would not boost economic activity. “This tragedy [death of migrants on train tracks in Aurangabad] is just one of the most wrenching markers of the tremendous misery that hundreds of millions of our fellow citizens are bearing, those who are the weakest and the poorest,” Premji wrote. “This is the reality we are living through. And so, it was shocking to hear that…
- 6. Can you think of anything that Boston Consulting Group does not do for its workforce that you beliove would make it an even better campany to work for? Why? Only typing answer Please explain step by step1) Human resource management strategy is not only for the organizations development rather itsmain focus is to attain both positive attitudinal and behavioral employee outcomes. Justify thisstatement in the context of labor oriented (RMG Industry) organizations in Bangladesh. 2) Discretionary behavior can be positive and negative. Do you agree with this statement? Justify considering discretionary behavior as the outcomes of HRM practices.CASE: HERE WE GO AGAIN The position of business office manager at Memorial Hospital has been a “hot seat,” changing incumbents frequently. When the position was vacated last May the four senior employees in the department were interviewed. All were told that because they were at the top of grade and the compensation structure for new supervisors had “not yet caught up with that of other jobs,” the position would not involve an increase in pay. All four declined to pursue the position, and all were given the impression that they were not considered fully qualified anyway, but that they might be considered for supervision again at a later date. That same month a new business office manager was hired from the outside, and the four senior employees were instructed to “show the new boss all you know.” Over the following several months the finance director told all four employees that they had “come along very well” and would be considered for the manager’s position should it come open…