Operations Management homework help

Operations Management homework help. NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Management Theory and Practice
Internal Assignment Applicable for December 2020 Examination
Assignment Marks: 30
Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for
question 3 in not more than 500 words for each subsection. Use relevant examples,
illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for
attempting their assignments, but are not allowed to copy the matter as it is from the
source of reference.
 Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
 Students should follow the following parameter for answering the assignment questions.
1. ABC Ltd. has been going through a bad phase off late in their Business of Machine
Spare Parts. The lockdown and the Covid 19 scenario has impacted them even more.
Someone suggested them to use the 5 S technique in order to bring about a positive
Change. Can you as a consultant guide them on the same as they are clueless about the
same? (10 Marks)
For Theoretical Answer
Assessment Parameter Weightage
Introduction 20%
Concepts and Application
related to the question
60%
Conclusion 20%
For Numerical Answer
Assessment Parameter Weightage
Understanding and usage
of the formula
20%
Procedure / Steps 50%
Correct Answer &
Interpretation
30%
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Management Theory and Practice
Internal Assignment Applicable for December 2020 Examination
2. You are hired as an external consultant to analyze the culture of XYZ Ltd. Can you
please explain that how will you analyze the same using Trompenaar’s 7 Dimensions
of Culture? (10 Marks)
3. A newly set up start-up company is confused about how to get their organizational
structure correct and would want to take some guidance from you
a. Can you share some characteristics of an effective organizational structure (5 Marks)
b. Can you explain how will the 6 box model help the organization designing their
structure (5 Marks)
**********

Operations Management homework help

 
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Operations Management homework help

TEXT BOOK  Thompson Jr. A. A, Peteraf, M. A., Gamble, J. E., and Strickland III, A. J. (2019). Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases. 22nd Edition. McGraw-Hill. ISBN: 978-1-260-07510-6
Read Chapter 3 and view the required videos on PESTEL Analysis and the Five Forces Framework.Select one of the cases from Part 2 of the Thompson (2020) textbook to analyze the six components of the Macro-Environment and the Five Forces Model.For this assignment:

  • Prepare a brief PESTEL Analysis for your selected case from Part 2 of our Thompson (2020) text.  You must address all six elements.
  • Prepare a brief Five Force Analysis as presented in our Thompson (2020) text for your selected case. Address all five forces.

NOTE this Requirement:  The Standard & Poor NetAdvantage Database provided in the NEC Online Library is a required source (and will be extremely helpful). The Standard & Poor Database is located under the general Library database listing. Once you have accessed the Standard & Poor site, the tabs at the top allow you to click on companies or industries. If you choose industries, it then provides a box and drop-down menu showing the various industrial reports which are available. Access the relevant report, and then review the details in the report to support this assignment. The information is incredible relevant and provides a detailed analysis of the entire industry including a listing of the key companies in the industry.  See Course Content tab for a 2020 document noting how to find this database.Submission Details:

  • Your analysis must be driven by facts, research, and data.
  • Your analysis should be 500 words or less.
  • Incorporate at least one course (our text) and one non-course scholarly/peer reviewed source in your paper.
  • Create Leve1, 2 and Level 3 APA headings for each portion of the analysis.
  • All written assignments must include a coverage page, introductory and concluding paragraphs, reference page, double-spaced and proper in-text citations using APA guidelines.
  • Due by 11:59 pm EST on Day 7, Sunday
 
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Operations Management homework help

  • A LEGAL AND ETHICAL DILEMMA
    A Legal and Ethical Dilemma
    Overview
    Deciding to place a loved one into a long-term care facility can be extremely difficult. Even more difficult is the thought of your loved one’s rights being violated while in long-term care. Patient healthcare rights are not as clearly defined as one would expect, and there are long-term care and other healthcare facilities that create their own sets of patient rights. However, there are also certain indisputable rights afforded to patients across the board.
  • Read the case study titled “A Legal and Ethical Dilemma”, located on pages 463–465 of your text.
  • Next, use the Internet or Strayer Library to research information on a patient’s right to die.
    Instructions
    Write a 4–6 page paper in which you:

    1. Describe the legal and ethical dilemma discussed in the case study. Analyze the key ways in which a patient’s right to die relates to this specific case.
    2. From your research, specify the potential repercussions for failure to comply with the wishes of a patient who has requested to withhold a life-sustaining procedure. Next, take a position on whether the patient’s right to die or the patient’s right to be protected from harm should take precedence in this case. Provide a rationale for your position.
    3. Imagine that you are a part of the ethics committee investigating this case. Determine the main facts pertaining to the issue that the committee should consider. Suggest one step that the facility should take next in order to resolve the dilemma. Provide a rationale for your response.
    4. Use at least three quality academic resources. Note: Wikipedia and other similar websites
 
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Operations Management homework help

Project Procurement Planning
Make or Buy
The PMP Certification Exam may include Make or Buy Analysis questions. Although it’s not the only reason for learning this material, this assignment helps prepare you for that type of question on the exam. The assignment is relevant whether you plan to take the PMP exam, have already passed the exam, or have no plans to take the exam.
The calculation part of the question requires only addition and multiplication. Start by reading the scenario and then answer the questions below.
Scenario:
You are the project manager on Project VIM, which is building a new printer, scanner, copier, and fax machine from various component parts. One of the component parts for the VIM product is currently available from a supplier for $115,000 for the 5,000 units you need. You took over for a prior project manager who only allocated $90,000 for this component. This means that you will exceed your project budget if you purchase the VIM component units from this supplier.
You reach out to your in-house manufacturing group and find that you can produce these 5,000 units in-house, within a time frame that fits the project timeline. The manufacturing group indicates that there is a one-time charge of $3,000 for setting up the production line. The material and labor cost will be $12 per unit if the firm manufactures the product in-house. You also learn that since this is a new set-up (which is using old equipment), the in-house manufacturing team estimates the following defects percentages, as well as the probability of those defects occurring:
Defect %                                                            0             25             35                40
Probability of occurrence (%)             10            60             20                10
The replacement cost for defective components made in-house is $30 per defective unit.
Calculate the following (using the Excel Template linked below):

  • Total      material costs
  • Expected      number of defective units at each defect percentage (%)
  • Cost      of replacing defective units at each defect percentage (%)
  • Material      costs plus cost of replacing defective units at each defect percentage (%)
  • The      probability of cost for the defect percentage (%) levels
  • Expected      value of “making” components in-house

Address the following in a written essay:

  • Using      the expected value, present your recommendation to make or buy the Project      VIM component parts.
  • Will      you need to issue a change request for additional money on your project?      If so, for how much; and, if not, why not? What reasons do you think      management might use to opt for the less economical choice?

Submission:

  • For      the calculation section, complete the attached Excel template or a similar      one. Post your answers in the Excel file.
  • For      the written essay section, submit a paper that is full 3 pages long.      Include a minimum of two scholarly references, in addition to any course      textbooks or lecture material you decide to use.
  • APA      format.

Chapter 4 in Mastering Risk and Procurement
Part1, Chapters 12 & 13 in PMBOK® Guide
Part II, Sections 2.2, 3.23, & 3.24 in PMBOK® Guide
Repenning, N. P., Kieffer, D., & Repenning, J. (2018). A new approach to designing work. MIT Sloan Management Review, 59(2), 29-38.
Smits, K., & Brownlow, R. A. (2017, April/June). Collaboration and crisis in mega projects: A study in cross corporate culture conflict and its resolution. Independent Journal of Management & Production, 8(2), 395-415.
Project Management Institute. (2017). A guide to the project management body of knowledge (PMBOK Guide®) (6th ed.). Newtown Square, PA: Project Management.
Stevenson, W. J. (2018). Operations management (13th ed.). New York: McGraw Hill.
Wilson, R. (2015). Mastering risk and procurement in project management: A guide to planning, controlling, and resolving unexpected problems (1st ed.). Upper Saddle River, NJ: Pearson.

 
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Operations Management homework help

Project Procurement Planning
Make or Buy
The PMP Certification Exam may include Make or Buy Analysis questions. Although it’s not the only reason for learning this material, this assignment helps prepare you for that type of question on the exam. The assignment is relevant whether you plan to take the PMP exam, have already passed the exam, or have no plans to take the exam.
The calculation part of the question requires only addition and multiplication. Start by reading the scenario and then answer the questions below.
Scenario:
You are the project manager on Project VIM, which is building a new printer, scanner, copier, and fax machine from various component parts. One of the component parts for the VIM product is currently available from a supplier for $115,000 for the 5,000 units you need. You took over for a prior project manager who only allocated $90,000 for this component. This means that you will exceed your project budget if you purchase the VIM component units from this supplier.
You reach out to your in-house manufacturing group and find that you can produce these 5,000 units in-house, within a time frame that fits the project timeline. The manufacturing group indicates that there is a one-time charge of $3,000 for setting up the production line. The material and labor cost will be $12 per unit if the firm manufactures the product in-house. You also learn that since this is a new set-up (which is using old equipment), the in-house manufacturing team estimates the following defects percentages, as well as the probability of those defects occurring:
Defect %                                                            0             25             35                40
Probability of occurrence (%)             10            60             20                10
The replacement cost for defective components made in-house is $30 per defective unit.
Calculate the following (using the Excel Template linked below):

  • Total      material costs
  • Expected      number of defective units at each defect percentage (%)
  • Cost      of replacing defective units at each defect percentage (%)
  • Material      costs plus cost of replacing defective units at each defect percentage (%)
  • The      probability of cost for the defect percentage (%) levels
  • Expected      value of “making” components in-house

Address the following in a written essay:

  • Using      the expected value, present your recommendation to make or buy the Project      VIM component parts.
  • Will      you need to issue a change request for additional money on your project?      If so, for how much; and, if not, why not? What reasons do you think      management might use to opt for the less economical choice?

Submission:

  • For      the calculation section, complete the attached Excel template or a similar      one. Post your answers in the Excel file.
  • For      the written essay section, submit a paper that is full 3 pages long.      Include a minimum of two scholarly references, in addition to any course      textbooks or lecture material you decide to use.
  • APA      format.

Chapter 4 in Mastering Risk and Procurement
Part1, Chapters 12 & 13 in PMBOK® Guide
Part II, Sections 2.2, 3.23, & 3.24 in PMBOK® Guide
Repenning, N. P., Kieffer, D., & Repenning, J. (2018). A new approach to designing work. MIT Sloan Management Review, 59(2), 29-38.
Smits, K., & Brownlow, R. A. (2017, April/June). Collaboration and crisis in mega projects: A study in cross corporate culture conflict and its resolution. Independent Journal of Management & Production, 8(2), 395-415.
Project Management Institute. (2017). A guide to the project management body of knowledge (PMBOK Guide®) (6th ed.). Newtown Square, PA: Project Management.
Stevenson, W. J. (2018). Operations management (13th ed.). New York: McGraw Hill.
Wilson, R. (2015). Mastering risk and procurement in project management: A guide to planning, controlling, and resolving unexpected problems (1st ed.). Upper Saddle River, NJ: Pearson.

 
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Operations Management homework help

Part I: Introduce yourself to your classmates with your name, location, current employment, and future goals.
Part II: Briefly describe a time that you (if not you, then someone you know) were in a situation where you were not classified as an employee but as an independent contractor, temporary worker, or some other type of contingent worker. How was the relationship between the organization and the worker different from an employer-employee relationship? What were the pros and cons for you as a worker? Hypothesize your answer if you do not have first-hand knowledge of a scenario described.
 
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