OPS571 Week 3 Lean Techniques

Purpose of Assignment 

The purpose of this assignment is for students to evaluate the lean techniques applied to business in today's workforce. 

Note: Students and Faculty seeking more information on this assignment can refer to Ch. 14 of the Operations and Supply Chain Management textbook. 

Assignment Steps 

Select a business you are familiar with which incorporates lean manufacturing or lean supply chains. 

Evaluate how this firm uses lean strategies and how much lean techniques has improved the firm's efficiency. 

Evaluate ways the firm can go even further to make improvements using lean techniques. 

Use the results you obtained from evaluating this firm to apply to your own business or a business you are interested in which currently does not use lean. 

Develop a 1,050-word report in which you describe your lean evaluation project.

 

project management changing over the last 20 years

How do you see project management changing over the last 20 years? What do you think the future of project management is? Where is it headed?

MT445Assignment-Unit3

1.      Explain the relationship between the price elasticity of demand and total revenue.

2.      2. Is the price elasticity of gasoline more elastic over a shorter or a longer period of time? Explain.

3.      3. Determine whether each of the following is an explicit cost or an implicit cost:

a) Payments for rented manufacturing equipment

b) A firm's use of a warehouse that it owns and could rent to another firm

c) Wages paid to the firm's workers
d) The wages the firm's owner could earn if he worked for another company

4.       Consider the following information in the table for Pat's Pizza Restaurant and answer the questions below.
Marginal Product of Capital 4,000
Marginal Produce of Labor 100
Wage Rate $10
Rental Price of Pizza Ovens $500
a. Is the owner of Pat's Pizza Restaurant minimizing cost?
b. Should he rent more ovens and hire fewer workers or rent fewer ovens and hire more workers? Explain.

MT445 Unit-8 inflation

1. Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both. Which curve shifts, and in which direction? What happens to aggregate output and the price level in each case?

a. The price level changes

i. Which curve shifts?
ii. Which direction does it shift?
iii. What happens to aggregate output?
iv. What happens to the price level?

b. Consumer confidence declines
i. Which curve shifts?
ii. Which direction does it shift?
iii. What happens to aggregate output?
iv. What happens to the price level?

c. The supply of resources increases
i. Which curve shifts?
ii. Which direction does it shift?
iii. What happens to aggregate output?
iv. What happens to the price level?

d. The wage rate increases
i. Which curve shifts?
ii. Which direction does it shift?
iii. What happens to aggregate output?
iv. What happens to the price level?

2. Determine whether the following statements are true or false.
i. Some people who are officially unemployed are not in the labor force.
ii. Some people in the labor force are not working.
iii. Everyone who is not unemployed is in the labor force.
iv. Some people who are not working are not unemployed.

3. Refer to the following data on the U.S. consumer price index and answer the questions below.
Year CPI Year CPI Year CPI Year CPI
1988 118.3 1993 144.5 1998 163.0 2003 184.0
1989 124.0 1994 148.2 1999 166.6 2004 188.9
1990 130.7 1995 152.4 2000 172.2 2005 195.3
1991 136.2 1996 156.9 2001 177.1 2006 201.8
1992 140.3 1997 160.5 2002 179.9

a. Compute the inflation rate for each year 1989-2006.
b. Which years were years of inflation?
c. In which years did deflation occur?
d. In which years did disinflation occur?
e. Was there hyperinflation in any year?

MT445 Unit-2 Assignment

1.       Explain what would happen to equilibrium price and quantity in the market for Pepsi if the following occurred (be sure to indicate WHY it happens as well):

a. The price of Coke decreases.
b. Average household income falls from $50,000 to $43,000
c. There are improvements in soft-drink bottling technology.
d. The price of sugar increases and the Pepsi launches an extremely successful advertising campaign.

 

2.        Use the following equations for demand and supply to solve for market equilibrium price and quantity:

Demand: Qd = 100 – 4P
Supply: Qs = 10 + 6P

 

3.       . Using the diagram below, answer the following questions:
a. How much is the per-unit tax on cigarettes?
b. What price do consumers pay after the tax?
c. How much tax revenue is collected?
d. What is the amount of deadweight loss?

mnc company

1.What do you think are the responsibilities of MNCs toward the environment? Give an example of a MNC that has seriously harmed (or repaired) the environment of a host country? What is your reaction to what happened?

MIS 3101 W5A2 -CNET Shopper

YOUR NAME:

ASSIGNMENT:  W5A2 - CNET Shopper

MIS3101 - South University

 

Use the CNET shopper (http://shopper.cnet.com/) intelligent agent to review and compare three laptop configurations to be used by a financial advisor and complete the table below. The 3 Laptop Columns are worth 20 points. However, if you don't supply the full path name to the CNET locations for the specifications, you will lose 10 of these 20 points. I need to verify the specifications for each laptop column.

 

The Justification column and Summary Section is where you will tie the real-world financial advisor's needs with your component selection and size of the components. These sections are worth 20 points.

 

I expect that you will use the sources I provided in the previous pages of this template. You may do additional research if you feel you need to do so. Any justification that uses sources from the previous pages should include an in-text citation.

 

NOTE:  You do not have to provide an exact price for the computer that you configured. I'm more interested that you choose the right sized components with a supporting justification.

 

NOTE:  NA = Not Applicable, which means that this cell does not need to be addressed.