Tag: Supply Chain Management / Operations Management

Every day, Wellington Barbers cuts forty hairstyles. A haircut often brings about $30. Two licenced barbers work there full-time, and the establishment is open for business eight hours a day. They receive $35 per hourly wage. Every day, consumables and electricity cost $50. The daily total of depreciation and fixed rent is $100.
Determine how productive they are using two (2) distinct productivity metrics.
Wellington Barbers hired a new licenced barber in light of your assessment. This increased daily haircuts by 10 to 50, but it also increased the cost of consumables and electricity by 20%. Explain the shift in labour productivity and offer a suitable course of action to make things better. Display your work.

Part 1 of 5
Fernando Garza’s firm wishes to use factor rating to help select an outsourcing provider of logistics services.
a) With weights from 1 – 5 (5 being the highest) and ratings from 1 – 100 (100 being the highest), use the following table to help Garza make his decision. In the following table, compute the weighted average score for each of the three companies (enter your responses rounded to one decimal place).
Criterion
Weight (W)
Overnight Shipping
Worldwide Delivery
United Freight
Criterion
5
90
80
75
Quality
3
70
85
70
Delivery
2
70
80
95
Cost
77.4

As a general rule the courts will not allow a variation of the provisions of a will which is capable of being carried out. In the past, however, variation of the provisions of a will was allowed in certain limited circumstances. Indicate in which one of the following circumstances variation of the will will NOT be allowed: Select one:
a . Where the circumstances of the case demand a departure from the will.
b . Where the dispositions in the will are based on mistaken assumptions about the testator ’ s assets or liabilities.
c . Where the strict enforcement of the testator ’ s provisions will result in the testator ’ s intentions being frustrated.
d . Where there are more profitable ways to distribute the estate than those provided for in the will.

The pull strength of a wire-bonded lead for an integrated circuit is monitored. The following table provides data for 20 samples each of size three.
(a) Using all the data find trial control limits for x̄ and R charts. Round your answers to 2 decimal places (e.g. 98.76).
x̄ Control Limits: UCL – CL – LCL
R Control Limits: UCL – CL – LCL
(b) Construct x̄ and R control charts using the control limits from part (a) to identify out-of-control points. (Use Minitab, Excel or any other statistical software.) Does the process appear to be in control or out-of-control? How many of the subgroups fall outside the control limits on both charts combined. (If none are outside the limits, type “0”.)

According to your text, which of the following can be said regarding the use of social media in advertising? Multiple Choice
◻ Only about 3 0 percent of the world’s population uses Facebook – which means 7 0 percent still has not signed up . The use of social media, once the premier way to connect to consumers, is rapidly falling off in popularity due to privacy concerns among users. Marketers are reluctant to use social media in advertising because technology is changing so rapidly.
◻ Facebook is nowhere near saturation in countries like the United States and United Kingdom.
◻ Facebook is the social media site of choice for marketers because nearly 7 5 percent of the world’s population has signed up for a Facebook account.

Van Shack Value Chain Cost Classification
Customer R and D Design Purchases Marketing Distribution Service
Part 2 Part 3
Cost Item
Amount
Newspaper advertisements
5 , 5 0 0
Payment to consultant for advice on location of new store
3 , 0 0 0
Purchases of merchandise
3 3 , 0 0 0
Freight – in
4 , 0 0 0
Salespeople’s salaries
4 , 7 0 0
Depreciation expense on delivery trucks
1 , 9 0 0
Research on selling satellite radio service
6 0 0
Customer Complaint Department
5 0 0
Rearranging store layout
1 , 0 0 0
Total
$ 3 , 6 0 0 $ 1 , 0 0 0 $ 3 7 , 0 0 0 $ 1 0 , 2 0 0 $ 1 , 9 0 0 $ 5 0 0
Part 4 Requirement 3 . What are total product ​ costs? The total product costs are

You’ve just completed a pilot run of 1 0 units of a major product and found the processing time for each unit was as follows: Use Exhibit 4 A . 5 and Exhibit 4 A . 6 .
According to the pilot run, what would you estimate the learning rate to be ? Note: Do not round intermediate calculations. Round your answer to the nearest whole percent. Answer is complete and correct. Estimated learning rate 7 4 %
Based on part ( a ) , how much time would it take for the next 1 9 0 units, assuming no loss of learning? Note: Round your answer to the nearest whole number. Answer is not complete. Time taken hours
How much time would it take to make the 1 , 0 0 0 th unit? Note: Round your answer to the nearest whole number. Answer is not complete.

Please categorize the statements as they relate to the supply or demand of U . S . dollars in foreign exchange markets. Some statements may not fit in either category.
Demands U . S . Dollars
Sunolies U . S . Dollars
Answer Bank
Candy Sweet of the U . S . purchases a sailboat in Seattle, WA.
Sailing Sailboats, a Norwegian company, pays its U . S . workforce with the money it earns in the U . S .
Cornice Snow of the U . S . buys a house in Norway.
Shredding Snowboards, a U . S . company, sells snowboards in Norway and needs to pay its shareholders in the U . S .
Jorgen Smith of Norway visits the U . S .
Spinnaker Sails, a Norwegian company, sells sailboats in the U . S . , and needs to distribute its profits to its Norwegian owners.

SCENARIO: The Financial Director of ABC Limited ( a JSE – listed company ) met with a PIC Portfolio Manager on the weekend over coffee. During their meeting they discussed the resignation of ABC Limited’s CEO over fraud allegations. The resignation and the allegations are yet to be disclosed to the market as the forensic firm has been asked to investigate the matter. The employee alerts the relevant Portfolio Manager who manages the security to reduce PIC’s exposure in ABC Limited. The employee alerts the Compliance Function and requests that ABC Limited be embargoed as the PIC has been made an insider. The employee acts on the information that was shared to them over the weekend by selling shares on their personal trading account in ABC Limited.

Sergio is in the National Guard and works full – time at a SuperSnacks, Inc factory. Sergio is called to active duty for two years. Does SuperSnacks have any obligation to Sergio after he completes his active duty?
The company must reemploy Sergio, but may place him in any available job the company must reemploy Sergio with the same seniority and status he would have earned if his employment had not been interrupted by active duty The company has to accept Sergio’s application should he desire reemployment and he will be treated equally with any other applicant The company must reemploy Sergio, but may reduce his prior pay to account for the several years he was gone The company does not have to reemploy Sergio – he resigned when he was called up