How can operations managers minimize the risk of disruptions in the supply chain
Q: Within this part, project scheduling methodologies such as the Work Breakdown Structure (WBS),…
A: Planning, carrying out and controlling a project's numerous activities and duties carefully is…
Q: Having read Chapters 4 and 7 of the book The Black Swan, briefly – explain the concepts of the…
A: The concepts of the Turkey and Bleed or Blow up are both discussed in the book "The Black Swan" by…
Q: a. What is the break-even point? Break-even point b. How many units must be sold to make a profit of…
A: Fixed Cost (FC) = $ 900 Variable Cost (VC) = $ 4.50 Selling Price (SP) = $ 5.50
Q: Define leadership and distinguish between leadership and management.
A: NOTE: We are allowed to do one question only at a time. A leader is someone who has the ability to…
Q: Week Actual Forecast 1 15.0 30.7 2 37.6 55.4 3 42.0 53.5 4 53.4 71.2 5 59.2 70.7 6 67.8 70.9 7 89.0…
A: 2 period moving average forecast means treating the average actual demand of previous two periods as…
Q: Week Actual Ft Tt FIT 1 29.0 42.1 8.67 50.77 2 33.0 47.2 8.57 55.77 3 48.0 63.3 9.77 73.07 4 50.0…
A: Formula used: Smoothed Forecast (Ft) = FITt-1+Alpha * (At-1 - FITt-1) Smoothed Trend (Tt)= Tt-1 +…
Q: Calculate the linear programming: Min. Z = 6X1+3X2 Constraints 2X1+4X2 ≥ 16 4X1+3X2 ≥ 24 X1,X2…
A: Given LP- Min. Z = 6X1+3X2 Constraints 2X1+4X2 ≥ 16 4X1+3X2 ≥ 24 X1,X2 ≥ 0
Q: A product (A) consists of a base (B) and a casting (C). The base consists of a plate (P) and three…
A: Find the Calculation methods below: Project on hand Project on hand - Gross requirements Net…
Q: Q3. You borrowed $150,000 with a 30-years payback term and a variable APR that starts at 9% and can…
A: Ans) Data Given in Question: Loan Amount = A = 150,000 Time = t = 30 years = 30*12 = 360 months a)…
Q: I 1. Use the priority list T1, T3, T4, T6, T2, T5, T8, T7 schedule the project below with two…
A:
Q: Given the following history, use a three-quarter moving average to forecast the demand for the third…
A: Industry demand, supply, and price changes can all be predicted with a little bit of research and…
Q: Schedule the following activities using CPM: ACTIVITY IMMEDIATE PREDECESSOR ABCDEFGH TAABCDFE А А C,…
A: The critical path or paths shows the longest duration (in time) till beginning to end and it specify…
Q: Calculate the economic order quantity. From which vendor is the optimal order quantity and what is…
A: The EOQ is the level at which total cost is the lowest.
Q: You are asked to help your boss deciding who is considering whether to make or buy a part for a top…
A: Given- Available machine hours = 2000 hours Making time = 4 hours/component Making cost = $40 per…
Q: Find and summarize two research articles that have been peer-reviewed and are related to project…
A: Ethics in project management as depicted by the Project Management Organization (PMI) has four…
Q: b. Determine X and R. Note: Round your answers to 3 decimal places. X bar R bar c. Determine the UCL…
A: Here, there are a total of fifteen samples and the sample size is 4, I would draw up the X bar R…
Q: Integrated Health was a large private, nonprofit health care system located in Tempe,Arizona. A year…
A: The case of Integrated Health's failed implementation of the computerized medication administration…
Q: This is in reference to the AURA resedential development project, which consists of 39 high end…
A: Budget constraint refers to the financial limitation that individuals or organizations face when…
Q: Item X Is a standard item stocked in a company's inventory of component parts. Each year the firm,…
A: Annual holding cost\storing cost is the order quantity divided by 2 and multiply with holding cost.…
Q: On average, how many cars do you expect to have in the drive-thru line? (Include those waiting to…
A: The study of how people, things, or information move in a line is known as queuing theory. It is…
Q: The table above provides the aggregate plan of production by a firm. It is known that the firm uses…
A: level plan means similar production rate in every period.
Q: For the following linear programming problem, determine the optimal solution using the graphical…
A: Ans) Objective Function : Z = -x + 2y Constraints: 1) 6x - 2y <= 3 Put x = 0 -2y = 3 y =…
Q: The McDonald's fast-food restaurant on campus sells an average of 11,200 quarter-pound hamburgers…
A: Inventory turnover is a financial statistic that assesses the effectiveness of a company's inventory…
Q: How many vehicles of each type should the officers rent in order to minimize the transportation…
A: Maintaining profitability for businesses involved in product distribution requires minimizing the…
Q: Large-scale integrated (LSI) circuit chips are made in one department of an electronics firm. These…
A: Acceptable Quality Level, (AQL) = 12% = 0.12 Lot Tolerance Percent Defective (LTPD) = 35% = 0.35…
Q: The following tasks are to be performed on an assembly line: TASK ABCDEFGH SECONDS 25 589685 15 20…
A: Sum of all task time = 25+15+20+29+16+8+35+32 = 180 seconds Demand = 900 Cycle time = available time…
Q: Methods of communication within the project and the technologies that may be used to improve them…
A: A lot of weight rests on shoulders of a project manager. Although managing projects is crucial,…
Q: 6. The purchasing document should also specify when payment is due. This is usually expressed as a…
A: Payment conditions or terms specify how, when, and how your customers or clients will pay your…
Q: The Barberton Municipal division of Road Maintenance is charged with road repair in the city of…
A: Given- Hiring cost= $3,400 per workerFiring cost =$1,800 per workerWages payroll = $6,000 per…
Q: what is the capacity utilization rate in October for this factory?
A: Capacity Utilization = (Actual Output/Maximum Possible Output) * 100
Q: How many kanban card sets are needed?
A: Average Units Demanded (D) = 3 units Lead Time (L) = 2 hours Safety Stock (S) = 0.50 Container Size…
Q: a. If an inspector is hired, what will be the inspection cost per unit? Note: Round your answer to…
A: Production is a process that turns raw materials into finished products while utilizing a variety of…
Q: The Unrelenting Team is proposing to start a phone company in the countryside. Which research method…
A: Note: “The answer has been framed in a generalized manner”. Research refers to the activity of…
Q: Describe the technique or method used to select the project. (4) Identify and describe at least five…
A: The above project comes with multiple purposes, and it could offer multiple results/outcomes term…
Q: How many students would have to attend for the company to break even? students (b) If the trainers…
A: Selling Price (SP) = $ 154 Fixed Cost (FC) = $ 3,500 Variable Cost (VC) = $ 29
Q: 99) PLEASE HELP ME WITH THIS!! L. Winston Martin (an allergist) has an excellent system for…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub- parts for…
Q: Week Actual Forecast 26.2 39.8 2 26.4 46.3 3 53.2 54.2 4 63.2 72.6 5 57.8 63.0 6 79.0 94.7 7 77.8…
A: 3 period weighted moving average forecast means treating the resultant of sum product of weights and…
Q: 28 please help me all info is there Owners of a local restaurant are concerned about their ability…
A: To be determined: Service capacity to increase to stay out of critical zone Introduction: The term…
Q: Dave Fletcher was able to determine the activity times for constructing his laser scanning machine.…
A: A project's network diagram represents the tasks that must be completed in order for the project to…
Q: These answers are incorrect.
A: Objective Function: Minimum no. of police officers = Min X1+X2+X3+X4+X5+X6 Constraints: Subject to−…
Q: a. What is the current profit and proposed profit of the sales of AudioCables? (Leave no cells blank…
A: Current information: Variable Cost (VC) = $ 0.50 Selling Price (SP) = $ 1.00 Fixed Cost (FC) = $…
Q: Contracts are very important in today’s world. The courts use the Objective Theory of Contracts to…
A: I agree with the statement that the Objective Theory of Contracts can be too narrow and that the…
Q: A linear programming computer package is needed. Frandec Company manufactures, assembles, and…
A: as per guidelines solving first three parts. (a)
Q: Scenario -- Precision Electronics Precision Electronics are a family run company employing around…
A: An invitation to tender, otherwise called an ITT, is a proper obtainment report that is given by the…
Q: atients walk in to a doctor’s office every 63 minutes with a standard deviation of 32 minutes on the…
A: To find: The average time spends by patient in doctor office. Given: The patient arrival time to…
Q: How do you describe the patterns of manufacturing decisions?
A: Manufacturing decisions include a range of activities that are intended to optimize production…
Q: The Westchester Chamber of Commerce periodically sponsors public service seminars and programs.…
A: Let x, y, and z be the number of commercial messages to be run on television, radio, and online,…
Q: There are four factories producing a product that is needed in six destinations. In the table on the…
A: Linear Programming is a mathematical and statistical tool that is used in operations management to…
Q: Question 3: The SCO Hotel provides room service for its guests. The process for room service begins…
A: Given- No. of waiters = 6No. of bartender = 1No. of cooks= 4
Q: How can you determine the appropriate SPI approach for your business and project? What are its pros…
A: Increasing development velocity, boosting product quality, and lowering costs are all examples of…
Step by step
Solved in 2 steps
- 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 does the Institute of Supply Management code of ethics say about financial conflicts of interest?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?
- How can supply chain management create a long-term competitive advantage for companies?Explain the linkage between operating processes and supply chain management ?Under the workings of operations management, how do complexities such as network, process, and organizational affect supply chain sustainability as a whole? Provide examples and go into detail.