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Behavior is creative when it meets the criteria of being
A. conventional, convergent, responsive, and abstract
B. habitual, analytical, logical, and kinesthetic
C. original, appropriate, fluent, and flexible.
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persistent, educational, recognizable, and sequential
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Case Study with questions:1. 10 points Assume Certified could service the contract with existing equipment. Use Exhibit 1 toidentify the relevant costs concerning the acceptance of FHP’s request to add two additionalloads per week. Which costs are not relevant? Why?2. 10 points Calculate the contribution per mile and total annual contribution associated withaccepting FHP’s proposal. (Use 52 weeks per year in your calculations.)3. 20 points After a closer examination of capacity, management believes an additional rig isrequired to service the FHP account. Assume Certified’s management chooses to invest in oneadditional truck and trailer that can serve the needs of FHP (at least initially). Assume the annualincremental fixed costs associated with acquiring the additional equipment is $50,000. Further,FHP would agree to pay $2.20 per mile if Certified would sign a five-year contract. What is theannual number of miles required for Certified to break even, assuming the company adds onetruck and trailer? What is the expected annual increase in profitability from the FHP contract?(Use 52 weeks per year in your calculations.)4. 20 points Certified has business relationships with independent contractors, though Alan isreluctant to use them. Another possibility for expanding capacity is to outsource the milesrequested by FHP. One of Certified’s most reliable independent contractors has quoted a rate of$1.65 per mile. As with question 3, assume FHP would agree to pay $2.20 per mile if Certifiedwould sign a five-year contract. Further, assume Certified would incur incremental fixed costs of$20,000 annually. These costs would include insurance, rental trailers, certain permits, salariesand benefits of garage maintenance, and office salaries such as billing. How many annual milesare required for Certified to break even if the miles are outsourced? What is the expectedannual increase in profitability from the FHP contract?5. 40 points Prepare a recommendation to management. Use information from your answers toquestions 1–4 in your analysis. Clearly state and support your recommendation. Be thorough.Consider both quantitative and qualitative factors. Be beefy. Use good form.
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Understand the practices and tools in new product design (see Issues in Product Development slides)
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Methods in evaluating consumer preferences in product design
Case studies in location strategies – Fedex
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Factors that affect location decisions
Calculate labor productivity
Apply the factor rating method of assessing of evaluating location alternatives
Apply the center of gravity method of assessing optimal distribution center locations given ship-to locations and volumes
Understand and distinguish between the considerations (critical success factors) of location decisions at the macro, regional and micro-geographic levels
Understanding and calculating the pace of production
Layout strategies and distinctions between those key layout considerations for retail, office, warehouse, services, and other businesses
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Reasons and rationale in the make or buy decision
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Strategies and opportunities in integrating the supply chain
Quantitative versus qualitative methods of forecasting
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Components, dimensions or facets of any time series – what are they and what are their characteristics
Understand associative models of forecasting
Supply planning – chase versus level strategies
Purpose/drivers of ERP adoption
Two biggest ERP solution development firms
Scope of ERP capabilities
Purpose and applicability of CRM
Business process reengineering and management with ERPs
Master data versus transactional data
ERP implementation methods and its phases (particularly what goes on in business blueprint)
Configuration versus customization
Industrial vertical solutions and their purpose
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Most Popular Content
9 pages
Order 38935360
Lee’s mission statement: our most profound purpose is to enrich the lives of our everyday Describe methods that Lee coul ...
Order 38935360
Lee’s mission statement: our most profound purpose is to enrich the lives of our everyday Describe methods that Lee could use to identify her ...
21 pages
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Awareness of quality baked goods is increasing. Premium bread is a rare combination of nutrition, comfort and luxury. Toda ...
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Awareness of quality baked goods is increasing. Premium bread is a rare combination of nutrition, comfort and luxury. Today's consumers spend less ...
ECON 137A University of California USA College Managerial Accounting Discussion
Case Study with questions:1. 10 points Assume Certified could service the contract with existing equipment. Use Exhibit 1 ...
ECON 137A University of California USA College Managerial Accounting Discussion
Case Study with questions:1. 10 points Assume Certified could service the contract with existing equipment. Use Exhibit 1 toidentify the relevant costs concerning the acceptance of FHP’s request to add two additionalloads per week. Which costs are not relevant? Why?2. 10 points Calculate the contribution per mile and total annual contribution associated withaccepting FHP’s proposal. (Use 52 weeks per year in your calculations.)3. 20 points After a closer examination of capacity, management believes an additional rig isrequired to service the FHP account. Assume Certified’s management chooses to invest in oneadditional truck and trailer that can serve the needs of FHP (at least initially). Assume the annualincremental fixed costs associated with acquiring the additional equipment is $50,000. Further,FHP would agree to pay $2.20 per mile if Certified would sign a five-year contract. What is theannual number of miles required for Certified to break even, assuming the company adds onetruck and trailer? What is the expected annual increase in profitability from the FHP contract?(Use 52 weeks per year in your calculations.)4. 20 points Certified has business relationships with independent contractors, though Alan isreluctant to use them. Another possibility for expanding capacity is to outsource the milesrequested by FHP. One of Certified’s most reliable independent contractors has quoted a rate of$1.65 per mile. As with question 3, assume FHP would agree to pay $2.20 per mile if Certifiedwould sign a five-year contract. Further, assume Certified would incur incremental fixed costs of$20,000 annually. These costs would include insurance, rental trailers, certain permits, salariesand benefits of garage maintenance, and office salaries such as billing. How many annual milesare required for Certified to break even if the miles are outsourced? What is the expectedannual increase in profitability from the FHP contract?5. 40 points Prepare a recommendation to management. Use information from your answers toquestions 1–4 in your analysis. Clearly state and support your recommendation. Be thorough.Consider both quantitative and qualitative factors. Be beefy. Use good form.
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Understand the practices and tools in new product design (see Issues in Product Development slides)
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MBUS 306 Final Exam Study Guide
Understand the practices and tools in new product design (see Issues in Product Development slides)
Purpose and Sections of the House of Quality
Methods in evaluating consumer preferences in product design
Case studies in location strategies – Fedex
Distinguish retail, services, manufacturing, warehouse and other location strategy drivers
Factors that affect location decisions
Calculate labor productivity
Apply the factor rating method of assessing of evaluating location alternatives
Apply the center of gravity method of assessing optimal distribution center locations given ship-to locations and volumes
Understand and distinguish between the considerations (critical success factors) of location decisions at the macro, regional and micro-geographic levels
Understanding and calculating the pace of production
Layout strategies and distinctions between those key layout considerations for retail, office, warehouse, services, and other businesses
Distinguishing directional flow of the supply chain – what is closer to the customer and what is further away; what are the tiers of the supply chain
Reasons and rationale in the make or buy decision
Bullwhip effect
Strategies and opportunities in integrating the supply chain
Quantitative versus qualitative methods of forecasting
Apply the time-series methods in several simple calculations (naïve, moving average, weighted moving average and exponential smoothing); understand what a smoothing constant is
Components, dimensions or facets of any time series – what are they and what are their characteristics
Understand associative models of forecasting
Supply planning – chase versus level strategies
Purpose/drivers of ERP adoption
Two biggest ERP solution development firms
Scope of ERP capabilities
Purpose and applicability of CRM
Business process reengineering and management with ERPs
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Configuration versus customization
Industrial vertical solutions and their purpose
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