AnaCarolina and Jaco, executive managers at Duke Manufacturing, are tasked with determining appropriate performance metrics for the customer perspective of Duke's balanced scorecard. Which of the following is the best metric for this situation? a. material price variance b. operating throughout c. number of returns due to incorrect products shipped in response to orders d. return on investment
Q: istomers the opp fer pricing. ceting synergjes
A: To provide a bundle of services to clients at a single price is to:
Q: The number of disk drives (in millions) made at a plant in Taiwan during the past 5 years follows.…
A: Given data:
Q: Rick Jerz is attempting to perform an inventory analysis on one of his most popular products. Annual…
A: As per our guidelines, we are supposed to answer only three sub-parts when multiple sub-parts are…
Q: a. What was the proportion nonconforming for each batch? Round your answers to two decimal places.…
A:
Q: he Classical Approach of the Systems Development Life Cycle may be used to identify a problem in an…
A: The System Development Life Cycle,for petite, is a multistep, reiterative process, organized in a…
Q: Example 21.4 Calculate expected opportunity loss from the following payoff table: Payoff Table Event…
A: This will be done in two steps. step 1 - find opportunity loss for each action step 2 - multiple…
Q: Identify the qualities of an effective project manager and discuss.
A: Project management is the management knowledge, skills, and different techniques are used to get the…
Q: ther bag company
A: The use of leather as a product will never be considered humane. It is created from the skin of a…
Q: Define inventory. What are the different types of inventories maintained throughout the value…
A: The inventory covers all the goods, materials, and items that are manufactured and stored by the…
Q: CHOOSE AN ORGANISATION AND CONDUCT A PESTLE ANALYSIS BOTH NATIONALLY AND INTERNATIONALLY
A: A PESTLE analysis is an instrument cast-off to advance a macro image of an industry situation.…
Q: Briefly explain two (2) potential pitfalls encountered in the design of performance indicators and…
A: The following are two potential hazards in the design of performance indicators and measurement…
Q: What is two specific recommendations to enhance the performance Walmarts Organization?
A: Walmart is an American multinational company which has it's retail stores all around the globe. It…
Q: Discuss the four standard ways that a small business may respond to risks that it may encounter in…
A: Business operations are described as the different activities that businesses get associated with…
Q: Which of the following statements is correct for Activity G's schedule? Activity G has a slack time…
A: A project schedule network diagram shows the tasks that are to be performed in the defined sequence.…
Q: Within an organization, when attempting to manage and control risk, the organization should be aware…
A: Within an organization, when attempting to manage and control risk, the organization should be…
Q: Drew Rosen Automation Company estimates the data entry and verifying times for four jobs as follows:…
A: Two jobs that need to be parallelly scheduled should be scheduled using Johnson-Johnson's rule. The…
Q: Using and a shipping quantity of units is the lowest cost alternative, with annual total costs to…
A: Given information:Annual Demand (D) = 60,000 unitsNumber of weeks = 250 daysDaily Demand (d) =…
Q: 1. A Western shop wishes to purchase 300 felt and 200 straw cowboy hats. Bids have been received…
A: Let a1 be felt hats and a2 be straw hats from Beta Hatters b1 be felt hats and b2 be straw hats from…
Q: Rick Jerz is attempting to perform an inventory analysis on one of his most popular products. Annual…
A: As per our guidelines, we are supposed to answer only the first three sub-parts if there are…
Q: What factors contribute to the expansion of the scope of an IT project?
A: Project scope is the one major parameter of undertaking arranging that includes deciding and…
Q: Background Quality Appliances is a regional chain of appliance outlets. Three months ago a new IS…
A: A company has released a new information system for sales, billing, and inventory activities. Though…
Q: The table below shows the enrollments for the foui division of a college. There are 50 new overhead…
A: given,
Q: QUESTION 15 Calculate the minimum value of 9x + 5y subject to the following constraints: x+ y> 22 x…
A: Given- Min 9x+5y Subject to constraint- x+y≥22 x+2y≥29 2x+y≥27 x≥0 y≥0
Q: Which time-series model below assumes that demand in the next period will be equal to the most…
A: A time series is a series of data pinpoints (Listed or graphed) in the time order. Most typically, a…
Q: Is having a Master file important since it contains a large amount of long-term data necessary?
A: A master is the main data recording which records permanently about a particular entries or…
Q: 3a) What do (optimal values for) dual variables tell us about the primal problem? 3b) If a…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: what are the steps companies consider when investing in erp & crm systems
A: Technology is one of the important aspect of business in the modern days. Incorporating technology…
Q: Explain what kind of costs you evaluate when you do the trade-off in transportation mode analysis.
A: Transportation mode analysis (TMA) is used to evaluate alternative delivery methods, including…
Q: Briefly explain the following terms: EAI (Enterprise Application Integration) ERP…
A: Enterprise application integration (EAI) Enterprise application integration (EAI) is the process of…
Q: Lancelot plc uses a certain material named “LANCE” in manufacturing its products. The materials are…
A: Economic order quantity is the optimal order quantity that a company need to purchase so that annual…
Q: Explain the 'power of suppliers' in the tourism industry
A: The tourism, leisure, and hospitality business is a well-known and vital national industry. This…
Q: A firm orders apparels from a distant country and can order only once for the entire season. This…
A: Given data Mean demand = 8500 units Standard deviation = 650 units Selling price = $25 Cost…
Q: Problem #4 - Jasper Inc. would like you to provide consulting services and provide recommendation on…
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts(a, b,…
Q: What are some ways the 'power of customers' can affect the tourism industry
A: The power of customers is one of the important pillars of the five forces of Porter. The power of…
Q: 分站层和66 6665 aus of Sha合合花
A: Organizational objectives are described as the medium-term and short-term goals that are sought…
Q: Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply…
A: Find the Given data below: Given details: Period 1 Period 2 Period 3 Demand 40 55 55…
Q: General Electric has separate sales forces for aviation, energy, transportation, and water…
A: Sales force structure is a decision making process in which firms choose specialization decision and…
Q: r model in managing planned change in response to the impact of the task environment and advise…
A: Amazon has earned the title of "everything store" by serving as a one-stop shop for all of your…
Q: Calculate ES, EF, LS, LF and slack for the following: Activity Task Predecessor Duration A Policies…
A: Given data is
Q: نن فم a. - Identify and describe the decision variables for this LP problem. -Mathematically state…
A: Linear programming is a technique to reach the solution of maximum profit or lowest cost by using a…
Q: Data and information is one of the important elements in TQM Management. Explain roles of data and…
A: Total quality management refers to the participation of all the members of an organization in…
Q: Which of the following statements is correct for Activity G's schedule? Activity G has a slack time…
A: A project schedule network diagram shows the tasks that are to be performed in the defined sequence.…
Q: Donegal Footwear is an intemational supplier of outdoor footwear for adventurous families.…
A: Given, Option 1 : Fixed cost of $12 million and variable cost of $16 per package Option 2 : Fixed…
Q: one: role overlo source. receiver. noise.
A: People at various levels of a company must communicate with one another in order to develop a…
Q: A perishable dairy product is ordered daily at a particular supermarket. The product costs $1.16 per…
A: Given data: Purchase Price = $1.16 per unit Selling Price = $1.75 per unit Salvage Value = $1 per…
Q: firm and the project at hand? What are the advantages and disadvantages of SPI?
A: Schedule Performance Index (SPI)
Q: The flew House needs to decide which of two coffee maker designes is better environmentally. Using…
A: To determine the model has a better design alternative, by which model shows more revenue retrieval…
Q: The production planning period for flat-screen monitors at Louisiana's Rao Electronics, Inc., is 4…
A: given,
Q: List any worldwide business networks that an organization may or may not deal with. Conduct research…
A: The term “Business Networking” refers to meeting other professionals and other business owners. This…
a. |
material price variance
|
|
b. |
operating throughout
|
|
c. |
number of returns due to incorrect products shipped in response to orders
|
|
d. |
|
Trending now
This is a popular solution!
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. 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?
- At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 = average; 4 = bad. The weekly revenue earned by a machine in state 1, 2, 3, or 4 is 100, 90, 50, or 10, respectively. After observing the condition of the machine at the beginning of the week, the company has the option, for a cost of 200, of instantaneously replacing the machine with an excellent machine. The quality of the machine deteriorates over time, as shown in the file P10 41.xlsx. Four maintenance policies are under consideration: Policy 1: Never replace a machine. Policy 2: Immediately replace a bad machine. Policy 3: Immediately replace a bad or average machine. Policy 4: Immediately replace a bad, average, or good machine. Simulate each of these policies for 50 weeks (using at least 250 iterations each) to determine the policy that maximizes expected weekly profit. Assume that the machine at the beginning of week 1 is excellent.Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?
- A facility manager wants to align the facility management strategy with that of the demand organizations strategy. What should the facility manager use to do this? Facilities register Facilities audits Balanced scorecard system Strategic business planUtah Utensil has developed a new kitchen utensil. The firm has conducted significant market research and estimated the following pattern for sales of the new product: Year Expected Volume Expected Price per Unit 1 48,000 units $19 2 48,000 units $20 3 90,000 units $16 4 40,000 units $12 If the firm desires to net $3.50 per unit in profit over the life of the product, and selling and administrative expenses are expected to average $50,000 per year, what is the target cost to produce the new utensil?Write a recommendation report using this scenario “An investment consultant must advise a client whether or not to invest in the development of a lake resort”
- A Lighting company seeks to study the percentage of the defective glass shells being manufactured. Theoretically, the percentage of defectives is dependent on temperature, humidity, and the level of artisan expertise. Complete historical data are available for the following variables on a daily basis for a year.a. Temperature (high, normal, low)b. Humidity (high, normal, low)c. Artisan expertise (expert, average, mediocre)Some experts feel that defectives also depend on productive supervisors. However, data on supervisors in charge are available for only 242 of the 365 days. How should you conduct this study?19) What is the EBM, if total basic employment is 128,500 and total employment is 350.000? 20) What does the EBM indicate in question 19? 21) Based on question 19, If the population is 798,112, what is the PER. 22) What does the PER indicate?Answer questions using EXCEL , include formulas Myrtle Air Express decided to offer direct service from Cleveland to Mrytle Beach. Management must decided between a full-price service using the company's new fleet of jet aircraft and a discount service using smaller capacity commuter planes. It is clear that the best choice depends on the market reaction to the service Myrtle Air offers. Management developed estimates of the contribution to profit for each type of service based upon two possible levels of demand for service to Mrytle Beach: strong and weak. The following table shows the estimated quarterly profits (in thousands of dollars): Service Strong Weak Full Price $960 -$490 Discount $670 $320 a. What is the decision to be made, what is the chance event, and what is the consequence for this problem? How many decision alternatives are there? How many outcomes are there for the chance event? b. If nothing is known about the probabilities of the chance outcomes,…