You are an intern at a manufacturing facility. Your boss, the production manager, has seen consumer surveys supporting drone delivery of small packages. She thinks there may be an opportunity for the company to begin manufacturing package delivery drones. She would like your help in preparing a judgmental forecast. The production manager has a list of 200 leaders of package delivery companies and large online retailers that could purchase drones. Your assignment is below.
Develop a 10-question survey using www.surveymonkey.com. You will find some help on the Survey Monkey website with developing survey questions. Theoretically, you would be asked to send the survey to the 200 leaders, and their responses would help create a forecast of the potential for entering the business of manufacturing package delivery drones. (Do not actually send your survey to any business leaders.)
Write a two-page business report to the production manager. Start by providing the link to the survey you created. Then, explain in detail why you included the questions you did and how they will help with the forecast. Suggest at least two other sources of opinions that can also contribute to the forecast.
Be creative as far as the format of the report is concerned; however, make certain to include a title page and reference page in addition to your two pages of content. Use at least one outside source, and make certain that your references are formatted in APA style.
In a essay describe the unique challenges of managing the intangible assets of organization for a manufacturing company that has operations in four countries (USA, Mexico, France, and Turkey). Address human capital, information capital, and organizational capital in terms of their alignment to strategy. Note: By “unique” we mean that you should name and describe those special circumstances such a business faces in operating trans‐nationally (specifically, in those four locations). For example, is the labor pool in Turkey educated enough to operate and maintain modern manufacturing technologies? What might be the environment for organizational capital in Mexico? What kind of IT capital is needed for a company to operate in four such dispersed locations? Special Instructions Your final exam essay is an integrative assignment which will require you to synthesize and apply what you have learned. If you use graphics (tables, strategy maps, et cetera), insert them directly into the narrative (submit one file). Do not work on this with other students. Refer any questions to your instructor. Requirements Prepare a minimum of a 1,500-word to 2,000-word maximum, APA formatted paper in Times New Roman 12 point font, excluding the title page and reference page of which both are required. Please note that the minimum word count is simply a minimum and you will most likely exceed that in order to effectively address the objectives. An abstract is not required: however, the paper should provide an Introduction (which is not headed), Conclusion, and major section headings. This paper is a formal paper, so formal writing style and conventions are expected. Be sure to attend to the question(s) in a complete and substantive manner with academic peer reviewed or professional support for your positions and conclusion
1. A manufacturing facility that makes steel materials handling devices such as hand carts and an assortment of roller carts for moving heavy materials around in manufacturing facilities has decided to start making cantilever storage racking systems. This will require the purchase and installation of a 12-foot hydraulic press brake and a 12-foot shear in the fabrication department along with the necessary tools and dies to bend and punch holes in the rack components that will largely be manufactured from formed sheet metal. Employees have experience working smaller versions of this type of equipment, but room will need to be made and larger pieces of sheet metal will need to be cut and handled. The department will also need to continue to produce existing orders while the new equipment is installed. How can a management of change program be used to reduce risks in such a scenario? (75 words)
2. Your organization, a company that manufactures fitness equipment such as treadmills and elliptical machines, is about to introduce lean concepts into its operations in order to be more competitive with foreign manufacturers. The foreman from the assembly department, however, does not think that his employees have the time to be involved with the lean initiative. Provide a convincing argument about why it is important for the assembly line workers to play a part. (75 words)
3. Your purchasing department does not want to buy adjustable hydraulic pallet stands for the filter assembly line at a company that makes oil filters for cars and trucks. They state that the current process works just fine and that expensive, adjustable stands are not required in the Occupational Health and Safety Administration standards. The production employees in the facility are largely female and many have worked at the facility for decades. The current process for accessing filter parts entails having assemblers bend over to pick up arm loads of the various filter components from a pallet or bin and placing them on a table beside their respective workstations. The parts are assembled and pressed into place, and the completed product placed in a separate bin. Please provide a risk-based argument as to why the adjustable pallet stands would be the better choice. (200 words)
A manufacturing facility that makes steel materials handling devices such as hand carts and an assortment of roller carts for moving heavy materials around in manufacturing facilities has decided to start making cantilever storage racking systems
Read the case carefully, then answer question 16-21. (22 points)
Susan Frank is the operations manager of Mauritius Arc Manufacturing Inc. She has developed a linear programming model to help her determine the product mix on one of the three production lines for Mauritius Arc Manufacturing Inc, where x1, x2 and x3 represent production line (product) 1, 2, and 3 respectively.
Maximize Z = 15 x1+ 20 x2 + 14 x3 (profit)Subject to:
Timely Delivery– primewritersbay.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction- Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Writing services provided by experts- Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
Enjoy Please Note-You have come to the most reliable academic writing site that will sort all assignments that that you could be having. We write essays, research papers, term papers, research proposals barriers Susan Frank is the operations manager of Mauritius Arc Manufacturing Inc
Title: Big Data Analytics for Manufacturing Internet of Things: Opportunities, Challenges and Enabling Technologies
Dai, H.-N., Wang, H., Xu, G., Wan, J., & Imran, M. (2019). Big Data Analytics for Manufacturing Internet of Things: Opportunities, Challenges and Enabling Technologies. https://doi.org/10.1080/17517575.2019.1633689
The recent advances in information and communication technology (ICT) has promoted the evolution of conventional computer-aided manufacturing industry to smart data-driven manufacturing. Data analytics in massive manufacturing data can extract huge business values while it can also result in research challenges due to the heterogeneous data types, enormous volume and real-time velocity of manufacturing data.
For this assignment, you are required to research the benefits as well as the challenges associated with Big Data Analytics for Manufacturing Internet of Things.
Your paper should meet these requirements:
· Be approximately four to six pages in length, not including the required cover page and reference page.
· Follow APA 7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion.
· Support your answers with the readings from the course and at least two scholarly journal articles to support your positions, claims, and observations, in addition to your textbook.
· Be clearly and well-written, concise, and logical, using excellent grammar and style techniques.
Original and non-plagiarized custom papers. Our writers develop their writing from scratch unless you request them to rewrite, edit or proofread your paper.
Timely Delivery. capitalessaywriting.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction. Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Privacy and safety. It’s secure to place an order at capitalessaywriting.com We won’t reveal your private information to anyone else.
Writing services provided by experts. Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
Enjoy our bonus services. You can make a free inquiry before placing and your order and paying this way, you know just how much you will pay. Big Data Analytics for Manufacturing Internet of Things: Opportunities, Challenges and Enabling Technologies
Premium papers. We provide the highest quality papers in the writing industry. Our company only employs specialized professional writers who take pride in satisfying the needs of our huge client base by offering them premium writing services.
Mojave Manufacturing Company (MMC) is considering the introduction of a new product. Before deciding, they would like you to do a risk analysis of the situation to assess whether the introduction of the new product is a good idea for the company. The (annual) fixed cost to begin production of the new product is $32,000. The variable cost for the product is uniformly distributed between $15 and $25 per unit. The product will sell for $50 per unit. Annual demand for the product is best described by a normal distribution with a mean of 1300 units and a standard deviation of 375 units. (Assume they produce exactly enough units to meet the annual demand.)
a. Develop an @RISK simulation model and run it for 1,000 iterations.
b. According to your simulation results what is the expected annual profit?
c. According to the simulation results what is the probability of making a loss on this new product?
d. Would you recommend MMC introduce this new product? Defend your decision using the simulation output data.
e. How many iterations would you need to estimate expected annual profit for this new product within $50 for a 95 percent confidence level?
Cuban Investors buys real estate, develops it, and resells it for a profit. A new property is available, and Mark Cuban, the president and owner of Cuban Investors, believes it can be sold for $160,000. The current property owner asked for bids and stated that the property will be sold for the highest bid in excess of $100,000. Two competitors will be submitting bids for the property. Cuban does not know what the competitors will bid, but he assumes for planning purposes that the amount bid by each competitor will be uniformly distributed between $100,000 and $150,000. Cuban is considering submitting a bid of anywhere between $120000 and $150000 (in increments of $5000) for the property. He has consulted you to help him decide upon the “right” amount to bid for the property in order to maximize his expected profit.
a. Let’s assume that Cuban decides to bid $120000. Build a simulation model corresponding to the above scenario and run it for 5000 iterations to answer parts b, c, and d.
b. Based on your simulation model what is the probability that Cuban will be able to obtain the property with the bid of 120,000?
c. Please provide a 95% confidence interval on your probability estimate from part b.
d. What is the expected profit associated with the bid of $120,000?
e. Rerun your simulation model (5000 iterations each time) using bid amounts of $125000, $130,000, $135,000, $140,000, $145,000 and $150,000. You can either run each simulation separately or use risksimtable as discussed in the live session. Based on these simulations which bid amount value would you recommend to Mark Cuban in order to maximize his expected profit?
Original and non-plagiarized custom papers. Our writers develop their writing from scratch unless you request them to rewrite, edit or proofread your paper.
Timely Delivery. capitalessaywriting.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction. Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Privacy and safety. It’s secure to place an order at capitalessaywriting.com We won’t reveal your private information to anyone else.
Writing services provided by experts. Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service? film dealing with the march on Washington on August 28, 1963
Enjoy our bonus services. You can make a free inquiry before placing and your order and paying this way, you know just how much you will pay. Mojave Manufacturing Company
Premium papers. We provide the highest quality papers in the writing industry. Our company only employs specialized professional writers who take pride in satisfying the needs of our huge client base by offering them premium writing services.
Part 1: Using the research gathered in Project One, provide a visualization for each of the following, then summarize what the data is showing:
The current state of the U.S. automotive manufacturing industry
Sales by fuel type (electric, hybrid, gas)
Current automotive industry trends
The trend toward different types of motors for the vehicles being made and sold, such as electric and hybrid
Trends in customer demands such as vehicle color, extra features, and styles
Trends in the body types of vehicles sold (SUVs, trucks, sedans)
Trends in the new industry
Expected growth areas
Sales by type of products or services offered
Trends in customer demands
Then, provide a summary of all of the data visualized.
Summarize the collective data about both industries as a whole.
Determine what the data is not telling you about the new industry.
Part 2: Analyze three decision making models and select the one model that is best suited for making your decision.
Analyze and provide an overview of the following three models and select one for use. Resources are listed in the Supporting Materials section.
The Rational Model
The Intuitive Model
The Recognition-Primed Model
Explain your choice of decision-making model.
Why does your selection make the most sense for this project?
Competencies
In this project, you will demonstrate your mastery of the following competencies:
Utilize information from industry and scholarly sources to inform problem solving and decision making
Analyze quantitative and qualitative data to solve problems and make decisions that impact organizations and their stakeholders
Communicate professionally to diverse internal and external audiences
Scenario
Your presentation to the leadership panel of your company was well received. Now you must create a presentation for a wider audience—stakeholders from inside and outside the company—and include your decisions and recommendations, which were approved by the leadership panel. Remember that your presentation must convey professionalism and be visually appealing as well as informative.
Directions
Create a presentation of your research and data findings from Project Two including your decision and rationale.
Construct a professional business presentation for internal and external stakeholders.
Identify your key message to both internal and external stakeholders.
Illustrate your key points using visualizations.
Tell your story.
Specifically include the following in your presentation:
Communicate your decision about diversification based on your analysis of the data and research.
Use visualizations to tell the story of the (quantitative and qualitative) data.
Determine the likelihood of success based on the data and research collected.
Discuss the impact that moving to the new industry will have on the organization and its internal and external stakeholders.
Detail your recommendations for moving forward.
Summarize findings of the research performed.
Include research conclusions and reasoning.
Describe the rationale behind your recommendations
Original and non-plagiarized custom papers. Our writers develop their writing from scratch unless you request them to rewrite, edit or proofread your paper.
Timely Delivery. capitalessaywriting.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction. Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Privacy and safety. It’s secure to place an order at capitalessaywriting.com We won’t reveal your private information to anyone else. The current state of the U.S. automotive manufacturing industry
Writing services provided by experts. Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service? film dealing with the march on Washington on August 28, 1963
Enjoy our bonus services. You can make a free inquiry before placing and your order and paying this way, you know just how much you will pay.
Premium papers. We provide the highest quality papers in the writing industry. Our company only employs specialized professional writers who take pride in satisfying the needs of our huge client base by offering them premium writing services.
Week 5 – Riordan Manufacturing Strategic Plan from MGT 498 at University of Phoenix Riordan Manufacturing, a virtual organization, requires a strategic plan to define the firm’s business objectives and outline the necessary steps to achieve the company’s goals. The objective of this paper is to identify and analyze a strategic plan for Riordan Manufacturing. The vision, mission, areas of environmental scanning, strategy formulation, implementation, and evaluation as well as control will be covered.
Understanding of probability is key in making business decisions. The following questions begin to test your understanding of the different forms of probability and the data on which probabilistic decision making is based.
Select any one of the following starter bullet point sections. Review the important themes within the sub questions of each bullet point. The sub questions are designed to get you thinking about some of the important issues. Your response should provide a succinct synthesis of the key themes in a way that articulates a clear point, position, or conclusion supported by research.
You are a risk manager in a manufacturing company. One of your key responsibilities is securing of property insurance coverage to provide protection against damage caused by “acts of God,” such as earthquakes, hurricanes, floods, etc. You begin the process with exposure due diligence, which is focused on estimating the chances of a single “act of God” occurring in the course of the upcoming year, as well as the chances of two or more “acts of God” materializing (also in the course of the next year).
Determine where you might be able to find valid data for this type of analysis.
Justify the use of the concept of conditional probability in the context of your task—more specifically, discuss how you would use conditional probability in your exposure due diligence efforts. Support your discussion with relevant examples, research, and rationale.
You are a marketing manager for a company that makes ready-to-eat breakfast cereals. Your company recently initiated a loyalty program for consumers, which resulted in a large purchaser database. The brand managers are eager to examine the available data, which they can use to design more effective promotional programs. Your first step is to conduct an exploratory baseline analysis, the goal of which is to describe the buyer base and estimate basic statistical descriptors of the buyer base. You are particularly interested in the size of individual purchases, as well as the frequency of repurchases.
Evaluate what discrete data distribution the frequency of repurchases data would be likely to follow.
Explain why the other discrete data distributions are not appropriate for this data. Support your discussion with relevant examples, research, and rationale.
You are a marketing manager for a manufacturer of nonperishable products sold in grocery stores. In this role, you need to make various decisions about how much marketing/advertising support is needed by each product to maximize the profitability of the organization.
Assess how the effectiveness of individual marketing/advertising approaches would be determined.
Discuss how historical sales data, as well as promotional response data, can aid you in evaluating the effectiveness of the individual marketing/advertising approaches. Support your discussion with relevant examples, research, and rationale.
The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.
Submission Details:
Your posting should be the equivalent of 1 to 2 single-spaced pages (500–1000 words) in length. No plagiarism, 100% original.
Section 1: Principle Components Discussion Section 2: Simulation Analysis forScenario B Section 3: Case Study Analysis based on theKemko Manufacturing case study (Kerzner, 2017, pp. 755-757).
To inform your decision, go to the Project Management Simulation: Scope, Resources, Schedule V2 (https://hbsp.harvard.edu/import/663930) at Harvard Business Publishing online. Once you have registered, you will be able to view the “Prepare” section to read about the project management process at Delphi Printers and learn how to run the simulation. Please note that, it is important, you select the Option you would like to work on this week because based on the Option you choose, the instructor will be able to assign the right Scenario (Scenario A if you choose Option 1 or Scenario B if you choose Option 2) to you to work on. Please specify your choice in your submission this week. Once the instructor assigns a Scenario to you based on the Option you’ve selected, you will be able to start performing the simulation.
For this Module 2 Portfolio Project Milestone, you must draft the framework of the Portfolio Project paper for the option you selected. This draft must be a properly organized CSU-Global formatted paper with the following key elements:
Running header with designation of Portfolio Project option clearly designated.
Cover page with designation of Portfolio Project option clearly designated.
Paper title with designation of Portfolio Project option clearly designated.
Introduction to include, as complete as possible, a brief descriptive overview of the Portfolio Project and a brief preface of your essay paper (one to three paragraphs).
Main body of your essay paper with APA style section level-1 headings for Section 1: Principle Components Discussion; Section 2: Simulation Scenario Analysis; and Section 3: Case Study Analysis. Include APA style section level-2 headings for bullet items or key elements within each main section. For the first three Section 1: Principle Components bullet items, include a brief, yet substantive, synopsis of each item (one to three paragraphs for each subsection level-2 bullet item):
Project, Program, and Portfolio Management distinction;
Project Selection; and,
Project Charter. Additionally, develop a basic, 1- page Project Charter template based on the PMBOK® Guide (6th ed.) that could be used for small-to-medium projects in a global organization. Include your Project Charter template as an appendix in your paper.
