MGT 495 APU Wk7 Sika Analysis Tools & Linear Programming Optimization Papers

User Generated

purevpbpb

Business Finance

mgt 495

American Public University

MGT

Description

IT A TOTAL OF TWO ASSIGNMENT BUT I WANT THE ONE IN THE ATTACHMENT DONE IN TWO DAYS. THE THE OTHER ONE TWO DAYS AFTER.

Assignment 7

DUE: Apr 19, 2020 11:55 PM

Attachments checked for originality?Yes

Assignment Instructions

Solve Problem and Applications: ch 13- prob 7 [Klein Industries manufactures three types of portable air compressors] in page 451 at the end of chapter 13 in your textbook, USA 5th edition. The data is given as part of the question. There is no external data set provided. Use what is given by the problem. You need to submit a formal APA paper to explain all your findings together with your Excel Worksheet to demonstrate you have set up the Solver correctly. In the paper, you also need to explain how you set up the LP model to solve this case study.
13-7. Klein Industries manufactures three types of portable air compressors: small, medium, and large, which have unit profits of $20.50, $34.00, and $42.00, respectively. The projected monthly sales are:

Small Medium Large

Minimum 14,000 6,200 2,600

Maximum 21,000 12,500 4,200
The production process consists of three primary activities: bending and forming, welding, and painting. The amount of time in minutes needed to process each product in each department is shown below:

Small Medium Large Available Time
Bending/forming 0.4 0.7 0.8 23,400

Welding 0.6 1.0 1.2 23,400

Painting 1.4 2.6 3.1 46,800


How many of each type of air compressor should the company produce to maximize profit?

a. Formulate and solve a linear optimization model using the auxiliary variable cells method and write a short memo to the production manager explaining the sensitivity information.

b. Solve the model without the auxiliary variables and explain the relationship between the reduced costs and the shadow prices found in part a.


Solution Tip: You must use Solver tool in Excel. Set your constraints right, and fill in the solver dialogue box properly. Be sure to review links provided in the last lesson, or in one of the announcements in the first week of class. Here is a You Tube link you could view: http://www.youtube.com/watch?v=Oyc0k9kiD7o
Also additional slides to explain basics and a basic example is attached. The example and slides are for demonstration and illustration purpose only to help practice how to use solver tool.

Turn It In (TII):

TII is integrated in this course which means you will not need your own account for submitting papers. Your faculty member will decide for each assignment if your paper needs to be submitted to TII. Please submit each assignment only in the Assignments area.

Supporting Materials


Unformatted Attachment Preview

Sika AG (NBB: SXYA Y) BMGT 495 - Project 2: Tool Analysis (Week 4) NOTE: All submitted work is to be your original work (only your work). You may not use any work from another student, the Internet or an online clearinghouse. You are expected to understand the Academic Dishonesty and Plagiarism Policy, and know that it is your responsibility to learn about instructor and general academic expectations with regard to proper citation of sources as specified in the APA Publication Manual, 6th Ed. (You are held accountable for intext citations and an associated reference list only). Project 2 is due Sunday at 11:59 p.m. eastern time of week 4 unless otherwise changed by the instructor. Purpose This project is the second of four projects. It also represents the second part of the external environmental analysis that is part of a strategic management plan. You will use the tools and apply concepts learned in this and previous business courses to demonstrate an understanding of how organizations develop and manage strategies to establish, safeguard and sustain its competitive position in the 21st century’s (rapidly evolving/shifting/changing), uncertain hyper-competitive business environment. Monitoring competitors’ performance is a key aspect of performing an external environment analysis. This project provides you with the opportunity to evaluate the competitive position of one of the organizations listed below and integrate that information in a partial SWOT (OT), Porter's Five Forces, External Factor Evaluation (EFE) matrix and Competitive Profile Matrices (CPM). In this project, you are presenting a report document. The expectation is that the report provides the level of details to help the audience grasp the main topics and to understand and complete the External Environmental Analysis. Analysis is the operative word. In analyzing the external environment, you are expected to thoroughly research and take that research and break it into small parts to gain a better understanding of what is happening in the external environment of the business. In researching an industry, it is important to understand that every company within an industry is different so gathering information on one company does not mean that the collected information is relevant to other company within that industry. When researching, parsing the material is critical to an accurate analysis. Avoid presenting just any information as that may lead to using irrelevant information. You will then write the report in your own words to share the external analysis. You are expected to present information and support the ideas and reasoning using the course material and your research. You will not lift any information from source documents without properly citing and referencing. For the technical analysis aspect of the project, you are required to create the technique on your own and may not use from any source material that you happen to find. No work from a clearinghouse or similar website may be used or cited as a credible source. Outcomes Met With This Project • • • utilize a set of useful analytical skills, tools, and techniques for analyzing a company strategically; integrate ideas, concepts, and theories from previously taken functional courses including accounting, finance, market, business and human resource management; analyze and synthesize strengths, weaknesses, opportunities, and threats (SWOT) to generate, prioritize, and implement alternative strategies in order to revise a current plan or write a new plan and present a strategic plan Instructions: Step 1: Specific Company for All Four Projects The companies that your instructor has assigned to you for Project 1 is the company you will use for this project. The assigned company must be used for this project and in subsequent projects in the course. Students must complete the project using the assigned company. Deviating from the assigned company will result in a zero for the project. After reading the course material, you will complete the steps below. Step 2: Course Materials and Research • You are required to research information about the focal company and the internal environment for this project, You are accountable for using the course materials to support the ideas, reasoning and conclusions made. Course materials use goes beyond defining terms but is used to explain the 'why and how' of a situation. Using one or two in-text citations from the course materials and then relying on Internet source material will not earn many points on the assignment. A variety of source material is expected and what is presented must be relevant and applicable to the topic being discussed. Avoid merely making statements but close the loop of the discussion by explaining how something happens or why something happens, which focuses on importance and impact. In closing the loop, you will demonstrate the ability to think clearly and rationally showing an understanding of the logical connections between the ideas presented from the research, the course material and the question(s) being asked. • Note: Your report is based on the results of the research performed and not on any prepared documentation. What this means is that you will research and draw your own conclusions that are supported by the research and the course material rather than the use any source material that puts together any of the tools or techniques whether from • the Internet, for-pay websites or any pre-prepared document, video or source material. A zero will be earned for not doing your own analysis. Success: The analysis is based on research and not opinion. You are not making recommendations and you will not attempt to position the focal company in a better or worse light than other companies within the industry merely because you are completing an analysis on this particular company. The analysis must be based on factual information. Any conclusions drawn have to be based on factual information rather than leaps of faith. To ensure success, as stated above, you are expected to use the course materials and research on the focal company's global industry and the focal company. Opinion does not earn credit nor does using external sources when course materials can be used. It is necessary to provide explanations (the why and how) rather than making statements. Avoid stringing one citation after another as doing so does not show detailed explanations. Library Resources • • • • • On the main navigation bar in the classroom select, Resources and then select Library. Select Databases by Title (A - Z). Select M from the alphabet list, and then select Mergent Online. You may also use Market Line and should be looking at the focal company's Annual Report or 10K report. You are not depending on any one resource to complete the analysis. It is impossible to complete a Porter’s Five Forces, competitive analysis or OT by using only course material. You should not be using obscure articles, GlassDoor, or Chron or similar types of articles. Research for Financial Analysis: Financial Research Research for Industry Analysis CSI Market UMGC library is available for providing resources and services. Seek library support for excellence in your academic pursuit. Library Support • • • Extensive library resources and services are available online, 24 hours a day, seven days a week at https://www.umgc.edu/library/index.cfm to support you in your studies. The UMGC Library provides research assistance in creating search strategies, selecting relevant databases, and evaluating and citing resources in a variety of formats via its Ask a Librarian service at https://www.umgc.edu/library/libask/index.cfm. Scholarly Research in OneSearch is allowed. To search for only scholarly resources, you are expected to place a check mark in the space for "Scholarly journals only" before clicking search. Step 3: How to Set Up the Report • The document has to be written in Word or rtf. No other format is acceptable. No pdf files will be graded. Use 12-point font for a double-spaced report. The final product cannot be longer than 10 pages in length, which includes all tables and matrices but excludes the title page and reference page. Do no use an Appendix. • Create a title page with title, your name, the course number, the instructor's name. Step 4: Industry Analysis • Perform a Porter's Five Forces analysis on the organization's industry and the focal company in particular. The industry is the global industry. First, use the course materials to identify the five forces and what components make up each force. Then, perform an analysis of each force that clearly discusses the ‘why and how’ and concludes with the effect of the given force on the fortunes of the industry (industry profitability) and/or industry dynamics; that is whether the effect of the force on the industry is weak/modest/average/moderate or strong/severe and also on the focal company. You may not use a Porter's Five Forces analysis that is already completed and available on the Internet. A zero will result if used as the analysis has to be the result of your research and your own development. Step 5: Competitive Analysis • • • Perform a Competitive Analysis using the focal company’s closest three competitors plus the selected company. Explain why these companies are competitors. Analyze the competition's products and services explaining features, value, targets, etc. What are the competition's strengths and weaknesses and what is the market outlook for the competition? Identify and discuss at least eight (8) key success factors (critical success factors). Each industry has different key success factors so make sure the success factors fit the industry. Review the Competitive Profile Matrix Example under week 3 Content for clarification. Develop a Competitor Profile Matrix (CPM). Explain how you developed the matrix. Make sure to support your reasoning. Step 6: Partial SWOT Analysis A SWOT analysis is a tool used to assess the strengths and weaknesses (internal environment) and the opportunities and threats (external environment) of an organization. You will complete a partial SWOT analysis only completing an analysis on the OT (Opportunities and Threats). The information presented is not based on your beliefs but on fact-based, data-driven information. The items used in the OT are factors that are affecting or might affect the focal company or those companies within the identified industry. You will: • • • Develop an OT table using your research to identify at least five (5) opportunities and five (5) threats that influence the industry and the focal company. Make sure to cite the elements within the table. Perform an OT analysis (separate from SWOT table). You may not use a SWOT analysis that is already completed and available on the Internet. The OT is for the focal company and no other company. A zero will result if used as the analysis has to be the result of your research and your own development. NOTE: A matrix is a table. It is not an analysis. Step 7: External Factor Evaluation (EFE) Analysis The External Factor Evaluation (EFE) matrix will allow you to use the information from the industry analysis and the competitive analysis to assess whether the focal company is able to effectively take advantage of existing opportunities while minimizing the identified external threats that will help you formulate new strategies and policies. You will use the opportunities and threats from the OT analysis. • Using the information gathered for the OT analysis, develop an EFE matrix using five (5) opportunities and five (5) threats. Discuss how you developed the EFE matrix and the outcome. Make sure to support your reasoning. Step 8: Conclusion Create a concluding paragraph. The Conclusion is intended to emphasize the purpose/significance of the analysis, emphasize the significance/consequence of findings, and indicate the wider applications that are derived from the main points of the project’s requirements. You will draw conclusions about the findings of the external environment analysis. Step 9: Review the Paper Read the paper to ensure all required elements are present. The following are specific requirements that you will follow. Use the checklist to mark off that you have followed each specific requirement. Checklist Specific Project Requirements Proofread your paper Read and use the grading rubric while completing the paper to ensure all requirements are met that will lead to the highest possible grade. Third person writing is required. Third person means that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing). If uncertain how to write in the third person, view this link: http://www.quickanddirtytips.com/education/grammar/first-second-and-thirdperson. Contractions are not used in business writing, so do not use them. Paraphrase and do not use direct quotations. Paraphrase means you do not use more than four consecutive words from a source document. Removing quotation marks and citing is inappropriate. Instead put a passage from a source document into your own words and attribute the passage to the source document. There should be no passages with quotation marks. Using more than four consecutive words from a source document would require direct quotation marks. Changing words from a passage does not exclude the passage from having quotation marks. If more than four consecutive words are used from source documents, this material will not be included in the grade. You are expected to use the research and weekly course materials to develop the analysis and support the reasoning. There should be a robust use of the course material. Material used from a source document must be cited and referenced. A reference within a reference list cannot exist without an associated in-text citation and vice versa. Changing words from a passage does not exclude the passage from having quotation marks. Use in-text citations and provide a reference list that contains the reference associated with each in-text citation. You may not use books in completing this problem set unless part of the course material. Also, do not use a dictionary, Wikipedia or Investopedia or similar sources. You may not use Fern Fort University, Ibis World or any other for-fee website. Provide the page or paragraph number in every in-text citation presented. Since the eBook does not have page numbers, include the chapter title and topic heading. If using a video, provide the minutes and second of the cited material. Step 10: Submit the Report in the Assignment Folder Submitting the project to the Assignment Folder is considered the student's final product and therefore ready for grading by the instructor. It is incumbent upon the student to verify the Project is the correct submission. No exceptions will be considered by the instructor. Self-Plagiarism: Self-plagiarism is the act of reusing significant, identical or nearly identical portions of one's own work. You cannot re-use any portion of a paper or other graded work that was submitted to another class even if you are retaking this course. You also will not reuse any portion of previously submitted work in this class. A zero will be assigned to the assignment if self-plagiarized. Faculty do not have the discretion to accept self-plagiarized work. NOTE: All submitted work is to be your original work. You may not use any work from another student, the Internet or an online clearinghouse. You are expected to understand the Academic Dishonesty and Plagiarism Policy, and know that it is your responsibility to learn about instructor and general academic expectations with regard to proper citation of sources as specified in the APA Publication Manual, 6th Ed. (Students are held accountable for in-text citations and an associated reference list only). Start DateMar 29, 2020 12:30 AMDue DateApr 12, 2020 11:59 PM
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Hello, please consider this one.

Running Head TOOL ANALYSIS

1

Name
Assignment
Course
Instructor
Date

TOOL ANALYSIS

2

Abstract
This report focuses on the analysis tools including the industry analysis, competitive
analysis, SWOT analysis, External Factor Evaluation matrix. These are the tools with the help of
which an organization can assess its position within the industry. The organization can sustain its
competitive advantages, along with exploring the areas in which it can perform well. The
evaluation indicates that the organization may pursue the different tactics as they correspond
with expectations of the stakeholders, the capabilities of the company, along with considering the
macro environment. The organization selected for this paper is the Sika Group that deals in an
automotive & chemical industry.

TOOL ANALYSIS

3
Tool Analysis – Sika AG

Introduction
There are numerous tools for analysis of strategic framework that one can use for analyzing
the with the intention of managing the external environment, along with the internal strategy.
Identification of the tools for the strategic framework to analyze business is important. Industry
analysis, competitive analysis, SWOT analysis, and External Factor Evaluation (EFE) matrix are
the tools that will be used in this paper to analyze Sika Group’s business. The key purpose of Sika
Group is to provide durable and best quality products to the customers, along with encountering
customers’ demands. Customers’ satisfaction associated with the organization’s services and
products is one major target of Sika Group. It is essential for developing effective communication
and information system that would be useful in comprehending the needs, along with gaining a
scope satisfying every requirement. This paper is aimed at focusing on the analysis of strategic
framework tools for Sika Group. These are the tools that can assist the organization in staying
ahead of the competition, along with knowing their current position in the market. The tools that
will be used throughout the paper will include industry analysis, competitive analysis, SWOT
analysis, and External Factor Evaluation (EFE) matrix.
Sika AG
Sika Corporation is an automotive & chemical organization that deals majorly in products
like building commodities and construction chemicals. The headquarter of the organization is
located in Switzerland. However, the organization is going to concentrate on its one company deals
in the chemicals related to construction. In the industry, with the major market share, Sika
Corporation is the topmost organization. Winkler Kapsar, an esteemed man initially founded the
company in the year 1910. Initially, Winkler was not so rich man but he worked harder and

TOOL ANALYSIS

4

ultimately became a very successful person. The company in the modern day is known for
employing over 18,000 workers with numerous stores around the globe. The organization has
developed several manners for marketing itself and due to this, come up with over 500 brands of
the products the organization deals in (Grünig & Morschett, 2017).
Industry Analysis
In order to analyze the industry,...

Related Tags