For this assessment, suppose that you are the operations manager for ABC Manufacturing, a small manufacturing company founded three years ago. ABC has been manufacturing and selling an electric motor for the past year, but the company has not always had sufficient workers assigned to manufacturing this electric motor in order to satisfy demand. ABC’s president asked you to plan for the production of this motor for the next six months.

You have decided you will use a level aggregate plan for the electric motor, meaning that you will manufacture the same number of units each month. ABC’s president has told you that some customers order this motor well in advance of when needed, and thus it is allowable to have backorders, if needed. You know there are currently 150 units in inventory (starting inventory = SI), and ABC’s marketing manager estimates that the demand for the motor (in units) for each of the next six months (M = 6) will be 240, 225, 265, 270, 260, and 275 (D1, D2, D3, D4, and D5 respectively). You have decided you would like to reduce average inventory level of several products (including this one), and you want to have 50 units in inventory six months from now (ending inventory = EI).

Directions

Briefly describe the operations management issue in the ABC Manufacturing scenario and describe how you would approach an analysis. Then complete the following problems based on the scenario and provide answers to the algebraic equations.

Question 1. Refer to the ABC Manufacturing scenario to complete the following:

• Provide the algebraic equation for the monthly aggregate production rate (APR, using SI, EI, D1, D2, D3, D4, D5, and M as variables).
• Calculate and provide the numerical monthly aggregate production rate rounded to a whole number.

Question 2. Production employees at ABC work an average of 168 hours per month (HPM), and manufacturing the electric motor involves 3.5 total hours of work per unit (HPU).

• Provide the algebraic equation for the number of workers (W) needed to meet the above aggregate production rate (using W, APR, HPM, and HPU as variables).
• Calculate and provide the numerical number of workers needed.

Question 3. One subcomponent in this electric motor is also used in two other products manufactured by ABC. ABC’s president has told you that the company expects to use 5,400 (annual quantity = AQ) of these subcomponents during the next 12 months, with a consistent demand for them month-to-month (and a consistent demand during each month, with the business day daily demand, DQ, being 22). He has further told you that it costs $10 to place an order (order cost = OC) for this subcomponent (regardless of the quantity ordered), that the annual holding cost is $2 per unit (unit holding cost = UHC). Finally, he has stated that out of 21 business days per month, there is a five business day lead time (LT = 5) associated with ordering this subcomponent.

• Provide the algebraic equation for the economic order quantity (EOQ, using AQ, OC, and UHC as variables).
• Calculate and provide the numerical economic order quantity rounded to the closest whole number.

Question 4. Refer to the ABC Manufacturing scenario to complete the following:

• Provide the algebraic equation for the reorder point (RP, using DQ and LT as variables).
• Calculate and provide the numerical EOQ, rounded to the closest whole number.

Question 5. Historically, ABC has based its production on estimates from the company’s marketing manager. While that has generally been successful, you have decided you would like to factor in an operations management approach to estimating demand.

• Describe the following forecasting methods. Provide the math associated with each method and identify the pros and cons of using it:
  • Naïve.
  • Simple mean.
  • Simple moving average.
  • Weighted moving average.
  • Exponential smoothing.
  • Linear trend line.

Additional Requirements

• Written communication: Written communication should be free of errors that detract from the overall message.
• APA formatting: Any references and citations should be formatted according to APA (6th edition) style and formatting.
• Font and font size: Times New Roman, 12-point.

 

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Instructions

For this assignment, read the case study, The 1920 Farrow’s Bank failure: a case of managerial hubris. This case is located in the ABI/Inform Complete Database found in the CSU Online Library (see reference below). 

Hollow, M. (2014). The 1920 farrow’s bank failure: A case of managerial hubris? Journal of Management History, 20(2), 164-178. 

Thomas Farrow had been evaluated as having been inflicted by managerial hubris at the time of the bank’s collapse in 1920. With this in mind, address the following questions, with thorough explanations and well-supported rationale. 

1. How did corporate culture, leadership, power and motivation affect Thomas’ level of managerial hubris? 
2. Relate managerial hubris to ethical decision making and the overall impact on the business environment. 
3. Explain the pressures associated with ethical decision making at Farrows Bank. 
4. Evaluate whether the level of managerial hubris would have been decreased if Farrow Bank had a truly ethical business culture. Could this have affected the final outcome of Farrow Bank? Explain your position. 

Your response should be a minimum of three double- spaced pages. References should include your required reading, case study reference plus a minimum of one additional credible reference. All sources used must be referenced; paraphrased and quoted material must have accompanying citations, and cited per APA guidelines. 

 

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What tools do you find most helpful for managing projects? How can you use spreadsheet software, such as Microsoft Excel, within the various project management processes? How do you use scheduling tools, such as Microsoft Project? Share some tips for using either of these products. Then, using the library and Internet, investigate other project management tools. How do they differ from the tools you use?

Assignment Guidelines:

• Address the following in 750 words:
  • What tools do you find most helpful for managing projects?
  • How can you use spreadsheet software, such as Microsoft Excel, within the various project management processes?
  • How can you use scheduling tools, such as Microsoft Project, within the various project management processes?
  • What tips can you offer for using either of these types of products?
  • Briefly describe 2 other types of project management tools.
  • How do these 2 types of tools differ from the tools you have previously used?

Use correctly APA style formatted references of solid academic quality for your resources and use correctly formatted APA style in-text citations to your references to substantiate your information and positions as well as to give credit to other author’s work.

 

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Name: ____________________________

Instructions:

• In our class on ____________ we will be writing an In-Class Writing Diagnostic Essay.

• Whenever we begin the process of learning, it is important to gauge where we are in order to better support, learn, and evolve our skills. In this in-class writing diagnostic, you will be responding to the writing prompt or your choice below. This will give both of us an idea of where your strengths are as a writer and inform how I can best support your learning within this course.

• You will be able to write your essay by hand. Do not use the Internet during writing. Do not use your mobile phone or any other electronic devices during the writing. Electronic translators cannot be used; you may bring a print dictionary.

• Your goal is to select one of the writing prompts below and provide a clear argument, at least three points in support of your argument, and ethically and clearly incorporate two (2) quotes and/or paraphrases from one (1) of the articles matched to each Essay Prompt listed below, or from a research source of your own choice. You must acknowledge your use of the research source.

• Use the spaces below to write down any notes and ideas for your essay, or write down your two (2) chosen quotes and/or paraphrases from the articles.

• You will not be able to bring in any other notes besides this assignment sheet; you are allowed to bring in a PRINTED copy of your chosen research source.

Essay Prompts to choose from:

1. Yes or no, and why: parents should lie to their children about Santa Claus existing.

• Eleanor Cummins, “Should parents lie to kids about Santa Claus? We asked the experts”, Popular Science https://www.popsci.com/how-to-talk-to-your-kids-about-santa-claus

• Ana Swanson, “What psychologists really think about you lying to your kids about Santa” The Washington Post https://www.washingtonpost.com/news/wonk/wp/ 2016/12/21/whether-you-should-worry-about-lying-to-your-kids-about-santa-according-to-psychologists/?utm_term=.d6bc2b2223a2

• Yes or no, and why: Film roles previously played by white males, such as James Bond, should be recast with women or non-white actors.

• Tim Stanley, “The name’s not Jane Bond: why 007 can never be a woman” The Telegraph https://www.telegraph.co.uk/films/2016/05/25/the-names-not-jane-bond-why-007-can-never-be-a-woman/

• Catherine Shoard, “Jane Bond is just James in a frock. We need a new heroine” The Guardian https://www.theguardian.com/commentisfree/2016/may/25/jane-bond-james-heroine-gillian-anderson

• Yes or no, and why: Online death threats against public figures must be treated as serious criminal acts.

• Brian Busby, “Wanting Justin Trudeau Dead” The Walrus https://thewalrus.ca/wanting-justin-trudeau-dead/ (WARNING: CONTAINS OFFENSIVE LANGUAGE. IF YOU

PREFER NOT TO READ SUCH LANGUAGE, PLEASE AVOID)

• Rhiannon Russell, “Threats or Jokes” The Walrus https://thewalrus.ca/threats-or-jokes/

• Yes or no, and why: Male politicians with facial hair are not trustworthy.

• Dirk Olin, “In Politics, the Mustache Is the Kiss of Death”, The Los Angeles Times http:// articles.latimes.com/1988-10-31/local/me-469_1_facial-hair

• Justin Peters, “Lincoln Had One. So Did Uncle Sam.” Slate.com http://www.slate.com/ articles/news_and_politics/politics/2012/04/ beards_in_politics_there_hasn_t_been_a_bearded_major_party_presidential_nominee_in _almost_100_years_why_.html

• Yes or no, and why: Social media activism actually makes citizens lazy and disengaged.

• Noah Berlatsky, “Hashtag Activism Isn’t a Cop-Out”, The Atlantic https:// www.theatlantic.com/politics/archive/2015/01/not-just-hashtag-activism-why-social-media-matters-to-protestors/384215/

• American University, “Hashtag activism can effect real-world change”, Phys.org https:// phys.org/news/2016-03-hashtag-effect-real-world.html

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Find an example of an index using at least two of the following:

• Likert scaling
• Factor analysis
• Different weights for at least some of the items
• A method of standardizing items that measure characteristics in different units, such as dollars, years of education, and percent unemployment
• For your posting, describe the index, explain how the items above are utilized, and how the items are combined to calculate the index. Provide the journal article that describes the index or a link to the website that describes the index.
  Note: Review the Chapter 10 Discussion Sample that uses data taken from SPC Key Findings 2015 CCSSE.
  For your reply
  Respond to at least one other student’s post.
  Grading Criteria
  For this discussion, you must make two postings to receive full credit:
  1. Initial posting (up to 15 points): Answer the question(s) in the instructions. The index you locate must contain two of the four characteristics. If you cannot located an index that includes at least two of the four, you can describe two indices. Each must contain one of the listed characteristics. You must describe the index (or indices), explain how it includes the identified characteristics and how the individual items are combined to create the index. Your answer must include at least 2 paragraphs, minimum of 4 sentences per paragraph. You must provide the source for the index – copy of journal article uploaded or link to website where the index is described.

 

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