Models for forecasting?
Q: ) For a 95% service level, what is the ROP? The reorder point is 1645 cigars (round your response to…
A: GIVEN: Mean weekly demand, d-bar 225 Delivery lead time, LT 4 Service level 0.96 Standard…
Q: • Q2:Find out the completion time and the critical activities for the following project: D 20 B E H…
A: A critical path in the project management is the most elongated series of activities that must be…
Q: What are typical performance testing errors?
A: Performance testing can be one of the most time-consuming parts of many jobs, but that doesn’t mean…
Q: The Big Five Personality Model is used to organize traits and predict leadership in: a. situational…
A: The porters five force model is a behavioural theory which is studied and helps to identify the…
Q: The total subcontracting cost = $ (Enter your response as a whole number.) The total inventory…
A: Project cost is the funds that are required to complete the proect and work it smoothly financially.…
Q: d as an operations manager at Kulula.com Airline. 3.1 Critically discuss any four (4) benefits of…
A: The safety record at kulula.com is fantastic, and we're always improving our service to make it even…
Q: When determining whether a partnership exists, which of the following factors would a court…
A: ANSWER : A partnership is arrangement between two or more people to look after a business…
Q: se choose the most and least effective answers Statement Most Least Give the customer an example of…
A: Selling a service to a customer is not very easy because in today's world every customer is rational…
Q: Please give two examples of each of the following sources of errors. a. Instrumental…
A: Errors refers to the mistakes which are caused either due to negligence or due to intentionally.
Q: 3. JRT Industries manufactures automatic voltage regulators at a labor cost of P 85 material cost of…
A: Break even point is the point at which the production cost and production revenue are equal in an…
Q: Operations Management 5. List and explain at least five efficiency evaluation metrics for collection…
A: Collection management can be stated as the process incorporating techniques of workforce and…
Q: What makes the store manager of a retail company a classic example of an operations manager?
A: Operations managers are responsible for the operations of a company on a day-to-day basis. They…
Q: the role of a project leader in a project management process
A: A project leader is the main and responsible person who has the responsibility to manage and control…
Q: Operations Management is the ability to influence a group toward the achievement of a vision or set…
A: Leadership is the ability of a leader to attract and influence a group to make them work in a…
Q: Determinetheordering, holding, andtotal inventory costs forthe currentorderquantity. Determine the…
A: EOQ stands for economic order quantity. It is a company's optimal order quantity that undervalues…
Q: server operates with 80 % utilization. Coefficient of variation of service process is 0.5.…
A:
Q: Active listening and controlled emotion for business communication?
A: Active listening means listening to a particular thing very accurately and implementing it by…
Q: a) Determine cost ol the current layoul, Plin A, Irom the dala above. b) One alternative is to…
A: Cost of layout = Total of (Workpieces moved * Distance between work areas* Cost of moving…
Q: Differentiate a leader from a boss
A: Organizational management is nothing but a management activity that generally aims to meet the…
Q: Project X has the data points below. The schedule performance index (SPI) for task P is .. Task BCWS…
A: Here, we first understand the values given for each task BCWS = Budgeted Cost of work scheduled -…
Q: a. Draw the precedence diagram. b. What is the probability that the project can be completed in 24…
A: A project schedule network diagram shows the sequence of the task that are performed to complete a…
Q: Please provide definitions for the following expressions in the context of formal meetings:…
A: A formal meeting is an assembly of two or more people to take decision or action. The meeting takes…
Q: Operations Management The subject is Foundations Hospitality Leader 1. What is a satisfaction…
A: A questionnaire is a set of logical questions which are prepared by the employer in order to collect…
Q: What is the annual inventory cost (holding + ordering) for Shoe-n-co? On average, how long does a…
A: Inventory management can be done manually or automatically by using computer programs such as SAP.
Q: Provide a justified evaluation of how different factors influence hotel decision-making and buying…
A: Decision-making and buying behavior are significantly influenced by a variety of factors, some of…
Q: A manufacturer of printed circuit boards has a design capacity of 1,000 boards per day. The…
A:
Q: a. Find the naïve forecast. b. Use the 3 years moving average forecast. c. Have a 5 years weighted…
A: Forecasting helps to predict the sales of the future so that enough inventory is maintained to meet…
Q: Crash the project until no more crash can be performed How much it would cost The new critical…
A: Proect crashing is one of the techniques used in the calculation of the duration of the critical…
Q: Which of the following statements are true about the intentional tort of False Imprisonment? Group…
A: ANSWER : False imprisonment is restraining a person in a bounded region without justification or…
Q: a) Draw the precedence diagram. b) What is the cycle time to meet a forecasted demand of 400 units…
A: A project schedule network diagram shows the sequence of the task that are performed to complete a…
Q: You're starting a firm that will host the websites of other companies. What issues do you consider…
A: A web hosting service is typically a business that serves and maintains files for many other…
Q: Operations Management 15.Organizational structure contributes to explaining and predicting…
A: A organisational structure refers to a structure which is created either due to fulfillment of the…
Q: Different levels of supply chain analytics include Descriptive, Predictive, Prescriptive, and…
A: Supply chain analytics includes:- Descriptive analytics:- This type of analytics provides a complete…
Q: Consider the following data (ETB and days). a. Draw activity network of the project. b. Crash the…
A: Find the Given details below: Activity Activity Normal Time (NT) (Days) Normal cost (NC) Crash…
Q: The Oldham-hackman model of job characteristics is based on what?
A: A job is characterised by a condition that if a job is capable to satisfy ita employee than the…
Q: Operations Management is the ability to influence a group toward the achievement of a vision or set…
A: Leadership is a quality or trait of a leader which makes a group to attract towards him and follows…
Q: • Q1: Determine the critical path, the critical activities and the project completion time.…
A: The project network diagram is the diagram that shows the activity and the project duration to…
Q: 4. What is situational or contingency leadership? Define and explain the group of theories.
A: A situational or contingency leadership style refers to the style in which the leader leader…
Q: Digos Mineral Inc. is in water refilling. The following information pertains to its operations…
A: Given data is Processing time = 40 minutes Inspection time = 7.5 minutes Waiting time = 7.5 minutes…
Q: The interContinental Hotel at Tsim Sha Tsui has 100 total rooms available for Dec 31. There are two…
A: Total available rooms = 100 High rate for business customers (H)= $300/night Low rate for leisure…
Q: sponsibility of purchasing and supply management.” – Badenhorst, 2018 Q.1. discuss tactical…
A: Tactical purchasing
Q: Discuss three reasons
A: Solution Evaluation exercises are performed to survey whether an answer has accomplished the ideal…
Q: Project selection involves evaluating potential projects and deciding which of these should move…
A: Project selection is a critical step in ensuring the success of an organization. The right project…
Q: Security rules has 2 kinds of implementation specifications, one of them is Required specifications,…
A: As correctly stated in the question, as mentioned in the Health Insurance Portability and…
Q: How is the role of a Project Management Office (PMO) different in an agile environment.
A: A project management office (PMO) is very much an internally and externally entity that establishes,…
Q: QUESTION 5 When CPI is calculated, chicken breasts are given greater weight than pork chops if a.…
A: Consumer price index is a tool or a equation which shows the relationship between its price and…
Q: HOW is Risk Assessment done?
A: Risk assesment is a process of identifying a potential risk which might impact the business in there…
Q: III. In a particular very small region, the consumer price index, C, depends on the current value of…
A: Given, The formula for consumer price index (C) is given as: C=100+e-EPF where, E= Gross regional…
Q: Alan Industries is expanding its product line to include three new products: A, B, and C. These are…
A: Formulate a spreadsheet s shown below to get the answer. note: to make sure that each month demands…
Q: Ajloun Manufacturing Company makes three products in a single factory. These products have the…
A:
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- What forecasting techniques are used in the management of technology and innovation?How is tying rewards to improved sustainability performance a form of strategic control?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. 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?What are the challenges involved in forecasting?