ASSIGNMENT #2 SELECT ONE INOVATIVE PRODUCT FOR YOUR COMPANY WHICH YOU ARE GOING TO INTRODUCE IN THE MARKET.ON THE POIN OF VIEW FIND OUT OUR MISSION AND VISION OF MY COMPANY. AND SHOW YOUR MARKETING STRATEGY AND USE FOUR P’S ON YOUR STRATEGYS. ANSWER ZAFIRAH Company Mission: Our philosophy and core values are centered on our desire to provide the safest and most reliable products and services to our customers‚ employees‚ medical professionals‚ and stockholders. Our consistent market growth and
Premium Marketing
Predict rates of technological progress and innovation. * Demand forecasts * Predict the future demand for a company’s products or services. Since virtually all the operations management decisions (in both the strategic category and the tactical category) require as input a good estimate of future demand‚ this is the type of forecasting that is emphasized in our textbook and in this course. TYPES OF FORECASTING
Free Exponential smoothing Moving average Forecasting
Homework Assignment #3 : Quantitative Problem Set 2 Group 6 Q 7.3(Car Rental Company) m= 50 | (hour) | a | 2.4 | CVa | 1.000 | p | 72.0 | CVp | 0.333 | a. The average number of SUVs parked = 50cars × (1 – 60%) = 20cars * Utilization = p / ( a × m) = 72.0 / (2.4 × 50) = 60% b. 1) Analysis of process : a. Calculate Utilization b. Calculate Revenue 2) The daily revenue of this company increase from 2‚400 to 2‚640. (Revenue increases about 240)
Premium Revenue Homework
Problem 1. Sampling 4 pieces of precision-cut wire (to be used in computer assembly) every hour for the past 24 hours has produced the following results: |Hour |Average (inches)|R (inches) |Hour |Average[pic] |R (inches) | | | | | |(inches) | | |1 |3.25 |0.71 |13 |3.11 |0.85 | |2 |3.10
Premium Standard deviation Control chart Arithmetic mean
Overview: The ISFJ personality type is perhaps the most altruistic and supportive of all types. Forming around 12.5% of the population‚ ISFJs rarely sit idle – there is always a worthy cause awaiting their attention. Most personalities are quite willing to reciprocate when it comes to good deeds; however‚ ISFJs take that to a higher level‚ often going above and beyond what is actually expected of them. People belonging to this type thrive in areas that are both traditional (they are SJs‚ after all)
Premium Personality psychology
resource management. The assignment will try to focus on the concept of human resource management strategies and human resource activities of McDonalds restaurant ltd‚ the organization where I am working. The objective of this assignment is to relating the models of HR strategies with McDonalds and summarising HR activities like performance management‚ motivation and rewards and HR planning. For the purpose of HRM strategies I am applying the best practise and best-fit model with McDonalds. Furthermore
Premium Human resource management Human resources Management
1. ------------------------------------------------- Consider a firm with a daily demand of 100 units‚ a production rate per day of 500 units‚ a setup cost of $200‚ and an annual holding cost per unit of $10. Suppose that the firm operates 300 days per year. How many units of inventory must their storage area be able to hold? ------------------------------------------------- Answer | | close to 975 | | | close to 980 | | | close to 1095 | | | close to 1224 | | | close to 1225 | 5 points
Premium Periodic table
businesses face challenges every day. One of the major challenges facing McDonald’s is managing stock. Stock management involves creating a balance between meeting customers’ needs whilst at the same time minimising waste. Waste is reduced by: 1. Accurate forecasting of demand so that products do not have to be thrown away as often. 2. Accurate stock control of the raw materials. The Stock Management Problem How to Meet customer needs Minimise waste CURRICULUM TOPICS • Stock control • Business planning
Premium Customer Management Forecasting
McDonalds vs. Kentucky fried chicken (KFC) Introduction Started Out as a small drive through in 1948 by two brothers Dick and Mac McDonald. McDonalds expanded its operations to countries outside the U.S.A (119 Countries and Over 33000 outlets. In addition McDonald opens a new restaurant in every three hours Total Quality Management in McDonalds Total Quality Management is an enhancement to the traditional way of doing business. It is a proven technique to survival in the world class competition
Premium Quality assurance Total quality management Improve
Operations Management: Why are operations the most vulnerable sector of any company when considering CSR? I. Introduction As globalization continues‚ the earth ’s natural processes transform local problems into international issues along with the development of international commercial activities. Few communities are being left untouched by major environmental issues and social problems. As one of the most active and influential elements of the human society‚ the business world has been
Premium Corporate social responsibility