When introducing the business in a plan, it is important to Ouse jargon use as much detail as you can, even if it's excessive describe what it is copy the best competitor
Q: A manufacturer's average WIP inventory for Part #2934 is 755 parts. The workstation produces parts…
A: Work-In-Process inventory is semifinished products that are involved in the manufacturing process.…
Q: Consider the supply chain illustrated below: Manufacturer Distributor Wholesaler Retailer Last year…
A: Bullwhip effects starts from the retailer and goes upto manufacturer. It is variance of orders that…
Q: Compare and contrast deductive and inductive approaches to theory development in business…
A: The objective of this question is to understand the differences and similarities between deductive…
Q: Which of the following is not a separate management function A) Planning B) Directing OC)…
A: The management function is one of his or her key duties or main activities that are carried out for…
Q: Briefly explain why, with respect to Utility Bill Audits, Utility Bills should be monitored.
A: Utility bills accounting for electricity, water, gas and telecommunications can be a big business…
Q: Why should you not use a frequency polygon if you have nominal data? What would be better to use…
A: DETAILED SOLUTION IS PROVIDED BELOWExplanation:(1). Why should you not use a frequency polygon if…
Q: shipping process and make sure of the quality in their process. To monitor the process, for 10…
A: The problem is related to the statistical control charts. The p chart is the appropriate chart for…
Q: 4.11 Given the following product tree, complete the MRP records for parts X, Y, and Z. Note that…
A: Part XWeek12345LT: 1 weekGross requirement1510151015 Scheduled Receipts200000 Projected available…
Q: Defend the use of the MetroE POS and phone Systems from the Operational Management Level of the…
A: Advantages of MetroE POS SystemImproved Efficiency and AccuracyThe MetroE POS (Point of Sale) system…
Q: At a decision point in a decision tree, which machine would you select when trying to maximize…
A: The objective of this question is to determine which machine to select at a decision point in a…
Q: Large-scale integrated (LSI) circuit chips are made in one department of an electronics firm. These…
A: The complete detailed solution is given below. Explanation:(1) (2)
Q: 2. What is the idle time per cycle?
A: The data given in the question:ActivityImmediate…
Q: The manufacturing plant of Carilla Ltd. specializes in crafting specialized pieces for carnival.…
A: Note:Since you have posted multiple questions, we will provide the solution only to the first…
Q: How inventory control techniques works in real world? List out its importance.
A: Definition:Inventory control strategies are procedures used by organisations to manage and optimize…
Q: A fruit juice manufacturer has recently begun negotiations with brokers in the areas where it…
A: Find the given details below:
Q: Sales for the past 12 months at computer success are given here: January 3,000 July 6,300…
A: (a) May: 3,733.33June: 4,166.67July: 4,833.33August: 5,566.67September: 6,400October:…
Q: A shirt manufacturer buys cloth by the 100-yard roll from a supplier. For setting up a control chart…
A: cˉ=4.4Sp=2.097UCL=8.595LCL=0.2047process is under control Explanation:UCL=cˉ+zcˉStep…
Q: A company uses raw material to produce two products. For $175, a unit of raw material can be…
A: The cost of product is :For $175, a unit of raw material can be purchased and processed into 3…
Q: What is the impact of skills on current and future workforce requirements in an organization? How…
A: Skills play a pivotal role in shaping both current and future workforce requirements within an…
Q: The state and local police departments are trying to analyze crime rates so they can shift their…
A: p-bar = 0.00833 sp = 0.00287 UCL = 0.01400 LCL = 0.00270 The process is in control.Explanation:Step…
Q: A single facility is needed to meet the demands of four markets. The locations and demands of these…
A: Based on the given coordinates and the demands, the method to be used to determine the optimal…
Q: Mack's guitar fabrication shop produces low cost, highly durable guitars for beginners. Typically,…
A: Let's break down the calculation into several parts to address the productivity metrics and the…
Q: In preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The…
A: Find the given details below:
Q: A chemical engineer at Tesoro Refining estimated the total cost for a diesel fuel desulfurization…
A: The total cost for a diesel fuel is :
Q: Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the…
A: Find the given details below:
Q: A check-processing center uses exponential smooth- ing to forecast the number of incoming checks…
A: Given, the number of checks received in June: million.The forecast for June: million.Smoothing…
Q: A workshop has 20 nos. of identical machines. The failure pattern of the machine is given below:-…
A: Given Information:Number of identical machines: Failure pattern:Elapsed time after maintenance…
Q: Read the information below carefully to answer the subsequent questions (Use of MS Excel Solver…
A: Find the given details below:
Q: From the Research Topic - "An Analysis of the factors influencing Recruitment, Selection and…
A: Statement of the ProblemIn Montserrat, hiring, choosing, and keeping public sector employees are…
Q: What is the estimated variance in the time (in days) for activity C? What is the…
A: Expected time of C is 60Variance of C is 16Explanation:
Q: The table below comprises of demand from the last 10 months: Month Demand 1 31 2 34 3 33…
A: The answers is provide in given below. If it is useful to you, Please like it.Explanation:Step…
Q: managers balance the need for both short-term an
A: A manager is a person in an organization whose task involves monitoring and coordinating different…
Q: Output from a process contains 0.02 defective unit. Defective units that go undetected into final…
A: a-1.hourly cost of defects = $10 per hour a-2.Yes a-3.The cost of inspecting 1 unit is $ 0.40 b.The…
Q: M/s Kobo Bearings Ltd., is committed to supply 24,000 bearings per annum to M/s Deluxe Fans on a…
A: Given Data:Annual Output: 24,000 bearingsSetup cost per run of bearing manufacture: ₹324Annual Cost…
Q: What is waiting line analysis? Discuss concepts like utilization, congestion costs and customer…
A: Waiting line analysis:Waiting line analysis, also referred to as queuing concept, is a mathematical…
Q: Solve the following LP problem: Min 12S + 5M s.t. 1) S+ M = 200,000 2) .10S + .05M =>14,000 3) M =>…
A: Linear programming helps us to find the optimal solution/best outcome, with the given…
Q: Describe the various scheduling algorithms used in production systems, such as First Come First…
A: Scheduling algorithms are essential components of manufacturing structures, orchestrating the…
Q: Below is a table of data collected over a six-month period in a local grocery store. Construct a…
A: The percentage of total complaints is 38%.Explanation:Complaint Count =…
Q: William Beville's computer training school, in Richmond, stocks workbooks with the following…
A: The economic order quantity (EOQ) is a optimal order quantity where logistics costs, stock outs,…
Q: (a) Identify at least four (4) characteristics of a good procurement system. (b) Discuss the key…
A: The objective of the first part of the question is to identify the characteristics that make a…
Q: Explain five technological trends, apart from online retailing that coca cola may use in their…
A: The objective of the question is to identify and explain five technological trends that Coca Cola…
Q: Tej Dhakar's company wants to establish kanbans to feed a newly established work cell. The following…
A: Tej Dhakar's company needs approximately 23 kanbans Explanation:Calculating the Number of KanbansWe…
Q: A producer of windshields decides to monitor the material handling system used in the plant. The…
A: Control charts are a fundamental tool in quality control and process management. They allow…
Q: True or False: The Six Sigma methodology in operations management primarily focuses on reducing…
A: Six Sigma methodology comprises a systematic way of achieving process improvement by gradually…
Q: A bagel store orders cream cheese from three suppliers, Cheesy Cream Corp. (CCC), Super Smooth &…
A: Costs from the three vendors were 80, 50, and 65 dollars per ton, for a total of 6710 in…
Q: Hamish works in a factory that builds tractors in Des Moines, Iowa. He needs a B352 sprocket to…
A: A. Bill of Materials (BOM): This is a list of the raw materials, sub-assemblies, intermediate…
Q: Required: 3. Using the high-low method, calculate Garfield's total fixed operating costs and…
A: Variable and fixed costsCosts are the out-of-pocket expenses incurred throughout the production…
Q: True or False: Capacity planning in operations management involves ensuring that a company's…
A: Capacity planning is a method of evaluating the readiness of an organization to supply its products…
Q: Ken Gilbert owns the Knoxville Warriors, a minor league baseball team in Tennessee. He wishes to…
A: FactorWeightMobileJacksonIncentive0.408560Player satisfaction0.302045Sports interest0.204085Size of…
Q: Annual demand for a product is 13,000 units; weekly demand is 250 units with a standard deviation of…
A: To determine the reorder point, we'll use the formula:������������=Demand During Lead…
Step by step
Solved in 4 steps
- Mr. Khalid is the new general manager of ABC Company and he is planning to classify the organization into different departments such as production, selling and financing. What pattern of departmentation Mr. Khalid is planning in the given situation? a. Combination of both functional and divisional b. Departmentation by functions c. Departmentation by Product or Services d. Divisional structure1. Roger is telling Mary the first three steps in planning an organization. In the correct order, they are ____. Writing a mission statement, creating a vision statement, and strategic planning Strategic planning, creating a mission statement, and creating a vision statement Strategic planning, operational planning, and preparing a vision statement Tactical planning, operational planning, and writing a mission statement Operational planning, creating a mission statement, and developing a hiring plan.(1) Why is it important to identify critical risks andproblems in a business plan? (2) Many expertssuggest that you write the business plan yourself,rather than hiring a consultant to write it for you. Whyis this a good idea?
- Establishing Objectives and Goals is the second step in the process of: a. Planning b. Directing c. Leading d. OrganizingA. Distinguish the different levels of IS planning and the processes relating to each level?B. Discuss the benefits of IS planning? c. Identify some of the desirable attributes an IS planner should possess?Which among the following is one of the advantages of the McKinsey 7S model 1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt. 2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 3 It is considered a longstanding theory, with numerous organizations adopting the model over time.
- Analyse the business implication of this situation. In your view, how could information systems be utilized to assist the Bensons manage Glams Touch. Enumerate some data that should be captured by the systems and what information outputs are to be churned out from the system.There are so many avenues through which the concepts of strategic management could be appliedin real life.Required: a. With reference to the business model canvas, illustrate how thenine (9) elements interact in ascertaining how a business can sustainably generaterevenues. b. Using an organization of your choice, practically demonstrate your understanding of theorganization’s business model.10. Using a foodservice or hospital organization of your choice, present an example of an organizational goal and objective. 11. Using this same organization, identify one policy that the organization might create along with the supporting procedure(s).
- Please help we need the following the product is BANANA BREAD INTRODUCTION I. Description of the Business II. Products being manufactured- discuss the characteristics of each product to be manufactured III. Process of making the product- discussion of each phase of the process to the finalization of the product to be delivered IV. Vision, Mission and Values of the business V. SWOT Analysis- there is a need to have a discussion of each element of the SWOT. Provide at least 5 entries per SWOT.1- Which of the following functions of management ensures that planned objectives set are achieved? a. Directing b. Organizing c. Controlling d. Planning1) briefly discuss the elements of a successful business plan presentation? 2) briefly discuss the elements of a process map