Aggregate Output (S million) 4,000 5,000 6,000 7,000 Table Select one: O O O Aggregate Consumption ($ million) 2,000 2,800 3,600 4,400 5,200 Planned Investment ($ million) Refer to Table At an aggregate output level of $4,000 million, the unplanned inventory change is 1,600 1,600 1,600 1,600 1,600 a. $1,200 million. b. -$400 million. c. $0. d. $400 million.
Q: How can organizations align their values with the prevailing organizational culture?
A: The objective of the question is to understand how organizations can align their values with the…
Q: Talent retention is one of the key challenges facing organisations today. A highly skilled and…
A: The phenomena of employees choosing to remain with their current employer rather than actively…
Q: 1. What is Decent work? a. Having good working conditions b. Having good payment C. A and b are…
A: “Since you have posted multiple questions, we will provide the solution only to the first three…
Q: Explain the concept of customer segmentation and how it is employed in CRM strategies.
A: Customer segmentation is a crucial concept in marketing and customer relationship management (CRM)…
Q: In a certain public organization, it was realized after some needs assessments that employees did…
A: About Human Resource Management -The strategic approach to managing an organization's most valuable…
Q: Employee empowerment is a key dimension of effective people management. Managers play a pivotal role…
A: Employee empowerment refers to the delegation of authority, responsibility, and decision- making…
Q: Risk management is a critical aspect of effective organizational management, especially in an…
A: Risk management is a methodical process of relating, assessing, prioritizing, and mollifying…
Q: I need In what ways can the success of onboarding be effectively measured within an organization?
A: Employee onboarding is a critical process that sets the tone for a new hire's journey within an…
Q: In what ways can the success of onboarding be effectively measured within an organization?
A: Onboarding - it's more than just filling out forms and meeting the coffee machine. It's the bridge…
Q: How can organizations align their values with the prevailing organizational culture?
A: Organizational culture refers to the common arrangement of values, convictions, perspectives, and…
Q: Analyze the impact of competitive compensation and benefits on employee retention.
A: The tactics used by companies to keep their workforce from departing are referred to as employee…
Q: describe how can the foundational elements, often referred to as the pillars, contribute to and…
A: In today's dynamic business landscape, a motivated and engaged workforce is more than a competitive…
Q: What key metrics should organizations prioritize when implementing HR analytics initiatives?
A: Human Resource Analytics, a dynamic aspect of HR management, involves using data analysis to…
Q: egal Liability and the Gig Economy Uber is largely hailed as the advent of the gig economy, which is…
A: The advent of the gig economy, exemplified by companies like Uber, has ushered in a transformative…
Q: I n what ways can the success of onboarding be effectively measured within an organization?
A: The onboarding process in an organization refers to the mechanism through which new employees…
Q: •An outline of how you have formulated your response to Richard Hackman's statement. Your outline…
A: IntroductionIn the dynamic landscape of organizational behavior and management, the effectiveness of…
Q: The humble coupon has gotten a boost from social media. Groupon, the group deal-of-the-day coupon…
A: Marketing is the functional area of management that deals with selling and promoting products and…
Q: In what strategic ways can organizations effectively navigate and manage diversity to foster an…
A: Creating an inclusive and equitable workplace is crucial for organizations to leverage the benefits…
Q: Vision and Mission for Academic clubs
A: About Mission and Vision Statements -Mission statements are brief descriptions of an organization's…
Q: In today’s world, managers are dealing with changing workplaces, a changing workforce, global…
A: The manager is a critical component of any organization. They facilitate effective operations in…
Q: Effective management is crucial for the success of any organization, as it involves coordinating…
A: Effective management refers to the capability to plan, organize, lead, and control coffers(…
Q: Think of a time when you have felt uncomfortable or excluded or targeted because of your…
A: "Since you have posted multiple questions, we will provide the solution only to the first question…
Q: Discuss the role of innovation in shaping organizational planning strategies and fostering a culture…
A: The process of producing, capturing, discussing, and refining valuable insights or alternative ways…
Q: Describe the components or elements that are needed for the establishment of a great corporate…
A: The appropriate behaviour inside an organisation is dictated by its culture. This culture is made up…
Q: Enumerate t he criteria or factors should be considered when designating roles for succession…
A: Succession planning is a systematic process in organizations that involves identifying and…
Q: How do organizations create adaptive training strategies that respond to evolving industry trends,…
A: Employee training is an initiative designed to assist staff members in gaining specialized knowledge…
Q: Management question..Criticallyy explain...What are the essential metrics that organizations should…
A: Organizations undertaking HR analytics initiatives should prioritize key metrics aligned with their…
Q: You want to apply for the position of Human Resources Director with a Fortune 1000 company in the…
A: Strategic human resource management is an important part of an organization. There are several…
Q: How can designing of a job lead to motivation of employees?
A: The objective of this question is to understand how job design can influence employee motivation.…
Q: In what intricate interplay of strategic, operational, and environmental factors do companies engage…
A: A company reorganization is a major, disruptive change that is done to a struggling corporation with…
Q: Synopsis of Learning: Summarize how critical analysis and evidence-based decision-making principles…
A: The objective of the question is to understand how critical analysis and evidence-based…
Q: Analyze some of the intricate ways through which the strategic implementation of job enrichment…
A: In the ever-evolving landscape of talent management, employee retention remains a critical…
Q: stion 33 Organizational levels are the structures that represent the legal or organizational views…
A: In SAP ERP, the Company Code is a crucial organizational level within the Financial Accounting (FI)…
Q: Which competency can be found in the relationship management dimension of the El competency…
A: The competency that can be found in the Relationship Management dimension of the Emotional…
Q: In the contemporary business landscape, the concept of organizational culture has gained prominence…
A: Organizational culture refers to the participated values, beliefs, customs, practices, and actions…
Q: Student work: Discuss the "Level of Management" of any reputed able company doing business in…
A: The organizational structure and management hierarchy of a reputed company operating in Pakistan,…
Q: What is the mission of Direct Relief Organization
A: The mission of Direct Relief Organization is to improve the health and lives of people affected by…
Q: PRODUCTION COSTS 1- EXPLAIN THE BASIS OF INTERNAL CONTROL. 2- EXPLAIN THE ELEMENTS OF INTERNAL…
A: Internal control is a crucial aspect of organizational governance and risk management. It…
Q: If duties are properly segregated, the authorization function is performed by, the recording…
A: The question is related to the segregation of duties within an organization's internal control…
Q: Discuss the role of CRM in improving customer service and issue resolution.
A: Customer Relationship Management (CRM) plays a pivotal role in enhancing customer service and issue…
Q: What are some of the Non-financial methods of employee motivation
A: Non-monetary incentives have the primary purpose of fulfilling these parameters and are not monetary…
Q: dq 1Discuss the pros and cons of an organization using written electronic communication such as…
A: The structure of interactions through which ideas, messages, and information are interconnected into…
Q: What power tactics does a person use as a member of the group
A: The power refers to the ability or capacity of an individual to influence the behavior of other…
Q: Employers are struggling to find candidates in almost every industry, how can…
A: Employee recognition is the act of expressing due and rewarding employees for their contributions to…
Q: D iscuss in what strategic ways can organizations effectively navigate and manage diversity to…
A: Diversity in the workforce refers to the inclusion of a range of individuals in one workplace. This…
Q: 30 The CEO of which company was famous for using an aggressive negotiating tactic known as "take it…
A: Jack Welch, the CEO of General Electric (GE) from 1981 to 2001, is well-known for his direct and…
Q: Objective: Analyze the program design elements that must be included to guarantee the transfer of…
A: Optimizing Training Program Design through Audience Analysis: Crafting Engaging and Effective…
Q: The ultimate aim of governmental and not-for-profit organizations is to produce outcomes. Yet in…
A: Governmental and non-profit organizations are two different categories of enterprises that function…
Q: What are the casues and effects of organizational behavior. (400 words)
A: The comprehensive examination of the individual patterns connected to the business structure is…
Q: Negotiation Scenario 1 You have worked in your current assignment for two years. During that time,…
A: Negotiation is a dynamic and strategic communication process involving two or more parties with…
Step by step
Solved in 3 steps with 4 images
- A Las Vegas supermarket bakery must decide how many wedding cakes to prepare for the upcoming weekend. Cakes cost $33 each to make, and they sell for $60 each. Unsold cakes are reducedto half-price on Monday, and typically one-third of those are sold. Any that remain are donated toa nearby senior center. Analysis of recent demand resulted in the following table:Demand 0 1 2 3Probability .15 .35 .30 .20How many cakes should be prepared to maximize expected profit?a. Use the ratio method.b. Use the tabular method1. Using the data provided here for problem 1. Calculate the following: 6 7 8 | 9 Week Demand 1| 2 3 4 5 2554 2333 4678 4525 2243 2988 2301 3777 3245 2122 2987 2487 2567 10 11 12 13 a. Average weekly demand. b. Target inventory for 98% Inventory Service Level for this period if you get replenished with new inventory every two weeks. Formulas used: a. b.The term in the airline industry may be used to refer to s situation where an empty seat is recorded on a flight. Select one: a. Marginal cost b. Overhead cost c. Marginal loss d. Revenue loss Widner Industries reports annual sales of Ghc160 million, cost of goods sold of Ghc120 million, inventory of Ghc20 million, and net income of Ghc5 million. What is Widner's annual inventory turns? Select one: a. 8 turns per year b. 6 turns per year c. 0.17 turns per year d. 4 turns per year
- 10. Mention and describe what each of the 4 types of approaches to demand analysis discussed in class consists of.4) The cost driver for demand creation activity is: a. Increase in sales b. Number of orders c. Value of stock d. Value of materials storedThe table below contains monthly (six months) demand estimates and working days per month. Month Demand Production Days JAN 1,500 20 FEB 1,200 24 MAR 1,000 25 APR 1,600 25 MAY 1,100 20 JUN 1,300 26 For the implementation of “Level” strategy, the average demand (in units/day) over the six- month planning horizon is equal to; a. 40 b. 50 c. 55 d. 75
- Over the past 12 months, Super Toy Mart has experienced a demand variance of 10,250 units and has produced an order variance of 12,050 units. Part 2 a) The bullwhip measure for Super Toy Mart is ______ (round your response to two decimal places). Part 3 b) If Super Toy Mart had made a perfect forecast of demand over the past 12 months and had decided to order 1/12 of that annual demand each month, the bullwhip measure would have been ______ (round your response to the nearest whole number.)a) b) c) Month January February March Forecast 120 135 140 April 120 May 125 June 125 July 140 August 135 Regular Output Overtime Output Inventory holding cost Backorder cost Hiring Cost Develop a Level Output Plan and identify the total short units in each period and overall in production cycle Develop Chase Output Plan(s) to address the shortage identified in the Level Output Plan. Recommend the most cost-effective plan Capacity Units per $ per Month Unit 500 130 Unlimited 750 50 250 $ per Worker 3000Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January February 4,100 4,200 March 3,900 April 4,300 May 4,900 June 4,600 July 5,200 August 4,800 September 5,300 October 5,600 November 6,200 December 5,900
- C). Given the following data, calculate a level production plan, quarterly ending inventory, and average quarterly inventory. If inventory carrying costs are $6 per unit per quarter, what is the annual carrying cost? Opening and ending inventory are zero. Quarter 1 Quarter 2| Quarter 3 Quarter 4 Totals Forecast Demand 5000 7000 8500 9500 Production Ending Inventory Average Inventory Inventory Cost If the company always carries 100 units of safety stock, what is the annual cost of carrying it? D) Perform an ABC analysis on the following set of products. Annual Item Demand Unit Cost A211 800 $9 B390 100 $90 C003 450 $6 D100 400 $100 E707 85 $2,000 F660 250 $320 G473 500 $75 Н921 100 $75A small company produces recreational vehicles. The (in units): Mar Apr May Jun Jul Aug Sep 50 Total Month 359 Forecast 55 60 60 40 50 44 Use the following information: Regular labour cost $240 per unit Overtime labour cost $360 per unit Regular capacity 40 units per month, using 5 workers Overtime capacity 8 units per month Holding cost $30 per unit per month Back-order cost $100 per unit per month Beginning inventory Desired ending inventory 0 Hiring cost $2,000 per worker Develop the minimum cost production plan and compute its total cost.Supply/Demand Info Predicted Sales Regular production Overtime production Subcontract production Ending inventory Hired employees Fired employees Total employees Cost variables are as follows: Cost Variables Labor cost/hour Overtime cost/ton Subcontracting costiton Holding cost ton/month Hiring cost employee Firing cost/employee Beginning Apr May 4,200 531 $20 $32 $25 $10 $3.700 $4.000 Jun 51,500 50.300 61,600 Here is some additional relevant (capacity) information: Capacity Information Total labor hours/ton Regular production tons/employee/month Max regular production (tons/month) Max overtime production (tons/month) Max subcontractor production (tons/month) 3 100 56,700 3,700 6,000 Jul Aug Sep 45,400 56.600 62,800 Given the above information (and don't overlook beginning number of employees and inventory levels in the first table), create a LEVEL production plan with only the use of regular production and no inventory left over at the end of the six-month period. What is the regular…