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Open the MDS data-set

a. Run the MDS UNFOLDING program (as in this chapter’s example) using the following assumptions (OPTIONS menu):

i. Identity scaling model

ii. Proximities are dissimilarities

iii. No transformation of proximities

iv. No intercept

v. ‘Correspondence’ initial configuration

vi. Strength of penalty term: 0.3

vii. Range of penalty term: 2.0

b. Look at the output and comment on the results, comparing them with the ones in the chapter’s example

c. Change the following options:

• Ordinal transformation of proximities

• Include an intercept

• ‘Ross-Cliff’ initial configuration

• Strength of penalty 0.1

• Range of penalty term 1.0

d. Compare the results with the previous ones. Try changing the options one by one to see which one has the largest impact on the results

e. Save the final co-ordinates in a separate file and compute the correlations with the expert panel evaluations

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Breakeven analysis is one of the simplest yet underused analytical tools in management. It helps provide a dynamic view of the relationships among sales, costs, and profits. A better understanding of breakeven analysis can enable an organization to formulate and implement strategies more effectively. This exercise will show you how to calculate breakeven points mathematically. The formula for calculating breakeven point is BE Quantity = TFC/P – VC. In other words, the quantity (Q) or units of product that need to be sold for a firm to break even is total fixed costs (TFC) divided by (Price per Unit – Variable Costs per Unit). Instructions Step 1 Assume an airplane company has fixed costs of $100 million and variable costs per unit of $2 million. The planes sell for $3 million each. What is the company’s breakeven point in terms of the number of planes that need to be sold just to break even? Step 2 If the airplane company wants to make a profit of $99 million annually, how many planes will it have to sell? Step 3 If the company can sell 200 airplanes in a year, how much annual profit will the firm make?

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Select one of the theories on Motivation that was discussed in Chapter 8 of the text or research a motivation theory that wasn’t discussed. Explain the theory and how a supervisor can use this theory in the workplace to motivate her staff. Draw on real life experience if you can. Write at least 250 words.

Theories on Motivation (select one):
1. Hierarchy-of-Needs Theory: A theory of Abraham Maslow that states that a satisfied need no longer creates tension and therefore doesn’t motivate. Maslow believed that the key to motivation is to determine where an individual is along the needs hierarchy and to focus motivation efforts at the point where needs become essentially unfulfilled.
2.Theory X-Theory Y: A theory of Douglas McGregor that a supervisor’s view of human nature is based on a certain grouping of assumptions and that he or she tends to mold behavior toward subordinates according to those assumptions.
3. Motivation-Hygiene Theory: A theory of Frederick Herzberg that the opposite of satisfaction is not “dissatisfaction” but “no satisfaction” and the opposite of dissatisfaction is not satisfaction” but “no dissatisfaction.”
4. Equity Theory: The concept that employees perceive what they can get from a job situation (outcomes) in relation to what they put into it (inputs), and then compare their input-outcome ratio with the input- outcome ratio of others.
5. Expectancy Theory: A theory that individuals analyze effort-performance, performance-rewards, and rewards-personal goals relationships, and their level of effort depends on the strengths of their expectations that these relationships can be achieved.

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A supply manager goes through the process of differentiating reports according to the degree of importance to the organization. This process is BEST defined as

data classification

data warehousing

data mining

database management

B) A corporate travel manager notices an increase in first class air bookings by company sales personnel. Although the company’s travel policy normally prohibits first class travel, the firm’s sales managers have approved a number of exceptions over the past six months. The travel manager is becoming concerned about meeting the annual savings target established by senior management. In this situation, which of the following is the BEST course of action for the travel manager?

Enable workflow within the company’s online booking tool to require a senior manager to approve non-coach bookings

Redistribute the company’s travel policy and highlight the mandate to travel coach regardless of business circumstance

Present a monthly travel dashboard to senior management highlighting the rise in percentage of first class exceptions

Distribute detailed traveler activity reports to sales managers to provide visibility into which travelers are flying first class

C)

A supply manager is negotiating a contract with a supplier who will be supplying a critical product with multiple development and production milestones. Which of the following would be the MOST effective method for the supply manager to ensure that the product is completed and delivered according to schedule?

Require the supplier to submit progress reports that show the supplier’s progress against each milestone.

Negotiate a strong cancellation provision in case the supplier fails to meet the schedule.

Establish a solid annual work plan that lists the required tasks.

Develop a workable backup plan in the event the supplier fails to meet the schedule.

D)

A supply manager sends a cancellation notice due to a material breach by the supplier. This is BEST described as:

Termination for cause.

Termination for inexcusable delay.

Termination for frustration of purpose.

Termination for convenience.

E)

The supply management organization for XYZ, Inc. has been asked to review occupational safety regulations for possible liability, as this affects relationships with suppliers.

Which of the following is TRUE in this situation?

Supply management need only concentrate on XYZ’s behavior, as they cannot control that of the suppliers.

As suppliers are accountable for their own violations, no action on XYZ’s part is necessary.

The regulations will be a concern only if XYZ is headquartered in the U.S. or EU.

Compliance with the law clauses should be included in contracts for goods and services.

F)

A service manager is reviewing the operational risks of communicating with field engineers on site. The manager determines the following:

  • The engineers’ cell phone reliability is 86%
  • The cellular network’s reliability is 98%
  • The service manager’s cell phone reliability is 98%

What is the reliability of the communications?

86%

98%

83%

94%

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