Operational Management

Vietnam imports steel and exports coal. China applies an export subsidy on coal that VN also exports. What happens to VN’s TOT and Why?

Vietnam imports steel and exports coal. China applies an export subsidy on coal that VN also exports. What happens to VN’s TOT and Why? EXPERT ANSWER Seaborne warm coal shippers stayed careful of regard to the speed of progress of Vietnam’s new force plants and the circumstance of when they were probably going to come …

Vietnam imports steel and exports coal. China applies an export subsidy on coal that VN also exports. What happens to VN’s TOT and Why? Read More »

Q-1 What are the challenges being faced by Imtiaz supermarket?

Q-1 What are the challenges being faced by Imtiaz supermarket? Q-2 Did these challenges effect customer satisfaction? Explain how with examples Q-3 What could be possible solutions for these challenges? What do you recommend being an entrepreneur? Q-4 what sort of benefits would it bring to Imtiaz Super Market? EXPERT ANSWER Q1) Imtiaz Super Market …

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The gains from specialization and trade are based on comparative advantage, which reflects the relative opportunity cost. When countries specialize in producing goods and services for which they have comparative advantages, total production in the global economy rises. Trade advocates argue that this increase in the size of the economic pie can be used to make all trading countries better off through international trade. Economists also use the principle of comparative advantage to advocate free trade among countries as a better policy. Trade is not based on absolute advantages countries have but the relative (comparative) advantage.

The gains from specialization and trade are based on comparative advantage, which reflects the relative opportunity cost. When countries specialize in producing goods and services for which they have comparative advantages, total production in the global economy rises. Trade advocates argue that this increase in the size of the economic pie can be used to …

The gains from specialization and trade are based on comparative advantage, which reflects the relative opportunity cost. When countries specialize in producing goods and services for which they have comparative advantages, total production in the global economy rises. Trade advocates argue that this increase in the size of the economic pie can be used to make all trading countries better off through international trade. Economists also use the principle of comparative advantage to advocate free trade among countries as a better policy. Trade is not based on absolute advantages countries have but the relative (comparative) advantage. Read More »

Careem, the Middle East’s first and leading taxi booking app-based service, was created as a result of two entrepreneurs’ attempts to solve a region wide problem. Mudassir Sheikha, a 39- year old Stanford educated Pakistani, and his Swedish colleague Magnus Olsson travelled extensively in their capacity as consultants for McKinsey & Company. During their travels to the Middle East and North Africa (MENA) region, they struggled to find an easy, quick, efficient, and reliable means of transportation. It also quickly became apparent that although Uber had provided a great solution to commuters’ needs in many markets around the world, it had not yet entered MENA region, and this presented an attractive opportunity. Inspired by the global transformation of taxi-booking services and recognizing an under served market, the two-tech savvy consultants launched Careen in the city of Dubai, the United Arab Emirates, in 2012. Although Careem was initially launched for business customers, the company soon found that its users were booking rides for personal use, like airport trips, schools drops, and pick-ups

Careem, the Middle East’s first and leading taxi booking app-based service, was created as a result of two entrepreneurs’ attempts to solve a region wide problem. Mudassir Sheikha, a 39- year old Stanford educated Pakistani, and his Swedish colleague Magnus Olsson travelled extensively in their capacity as consultants for McKinsey & Company. During their travels …

Careem, the Middle East’s first and leading taxi booking app-based service, was created as a result of two entrepreneurs’ attempts to solve a region wide problem. Mudassir Sheikha, a 39- year old Stanford educated Pakistani, and his Swedish colleague Magnus Olsson travelled extensively in their capacity as consultants for McKinsey & Company. During their travels to the Middle East and North Africa (MENA) region, they struggled to find an easy, quick, efficient, and reliable means of transportation. It also quickly became apparent that although Uber had provided a great solution to commuters’ needs in many markets around the world, it had not yet entered MENA region, and this presented an attractive opportunity. Inspired by the global transformation of taxi-booking services and recognizing an under served market, the two-tech savvy consultants launched Careen in the city of Dubai, the United Arab Emirates, in 2012. Although Careem was initially launched for business customers, the company soon found that its users were booking rides for personal use, like airport trips, schools drops, and pick-ups Read More »

Describe the four different board styles country club, Rubber stamp, Professional, and Representative board?

Describe the four different board styles country club, Rubber stamp, Professional, and Representative board? EXPERT ANSWER 1. Country Club:- A suburban club for social life and Recreation specially one having a golf course. There are something that money cannot buy. Membership to one of the world’s most exclusive goal when Country Club is the most …

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You are currently working as logistics manager for a manufacturing company based in Melbourne. Your company has a new customer in France and your CEO asks you to advise the optimal logistics solution for a shipment with the value of $5,000 per ton to be shipped from Melbourne, Australia to Le Havre, France. The inventory carrying cost of this shipment is 20% of its value per year. The followings are some other transport details: . Direct sea transport between Melbourne to Le Havre takes about 30 days and at about $150 per ton. Direct air transport on this route takes about 3 days and at the cost of $3,000 per ton. You may also consider transhipment at Dubai Port (for sea transport) and Dubai Airport (for air transport). In this case: o Sea transport between Melbourne and Dubai is about 60% of the time between Melbourne and Le Havre and costs $120 per ton while air transport would take about 2 days at about $1,500 per ton. o Sea transport between Dubai and Le Havre is about 10 days and costs $80 per ton while air transport on this route would take about 1 day at about $1,000 per ton. It is known that the shipment has to stay 2 days at Dubai Port and 1 day at Dubai Airport before being loaded on board the new vessel or airplane if the transhipment method is used. Question 1: What would be your advice to the CEO regarding the optimal logistics solution? (7.5 Pts) Question 2: Your CEO is now discussing terms and conditions in the sales contract with the buyer in France, including the Incoterm to be used. After contemplating your proposed logistics solution, the CEO has decided that, since your company does not have expertise and experience in transport, F terms may be better for your company. Specifically, the CEO is considering whether FCA or FOB term is more suitable if the shipment is transported in containers and is normally delivered to the container yard at the port of loading as a practice of operations. Conduct research and advise your CEO accordingly. (Max. 400 words limit – 5 Pts)

EXPERT ANSWER ANSWERS/EXPLANATIONS ANSWER:1 The cost of the cargo is by far the most crucial factor to take into account when choosing a logistics solution. The most economical way to move things in this situation is by ship, which will cost about the same to transfer from Melbourne to Le Havre. This decision will take …

You are currently working as logistics manager for a manufacturing company based in Melbourne. Your company has a new customer in France and your CEO asks you to advise the optimal logistics solution for a shipment with the value of $5,000 per ton to be shipped from Melbourne, Australia to Le Havre, France. The inventory carrying cost of this shipment is 20% of its value per year. The followings are some other transport details: . Direct sea transport between Melbourne to Le Havre takes about 30 days and at about $150 per ton. Direct air transport on this route takes about 3 days and at the cost of $3,000 per ton. You may also consider transhipment at Dubai Port (for sea transport) and Dubai Airport (for air transport). In this case: o Sea transport between Melbourne and Dubai is about 60% of the time between Melbourne and Le Havre and costs $120 per ton while air transport would take about 2 days at about $1,500 per ton. o Sea transport between Dubai and Le Havre is about 10 days and costs $80 per ton while air transport on this route would take about 1 day at about $1,000 per ton. It is known that the shipment has to stay 2 days at Dubai Port and 1 day at Dubai Airport before being loaded on board the new vessel or airplane if the transhipment method is used. Question 1: What would be your advice to the CEO regarding the optimal logistics solution? (7.5 Pts) Question 2: Your CEO is now discussing terms and conditions in the sales contract with the buyer in France, including the Incoterm to be used. After contemplating your proposed logistics solution, the CEO has decided that, since your company does not have expertise and experience in transport, F terms may be better for your company. Specifically, the CEO is considering whether FCA or FOB term is more suitable if the shipment is transported in containers and is normally delivered to the container yard at the port of loading as a practice of operations. Conduct research and advise your CEO accordingly. (Max. 400 words limit – 5 Pts) Read More »

Monty and Karen are opening a natural food store in the upcoming year. They want to take whole, healthy food from farm to market with a small storefront. They are currently working through their business plan but now must decide what steps they need to take regarding their legal responsibilities in opening such a business in Halifax, Nova Scotia. You have just been hired by Monty and Karen and because you have taken a business law course, they are looking to you to provide some information and research on what steps should be taken before seeking legal advice, hoping to save some dollars.

Consider the following scenario and answer the questions below: Monty and Karen are opening a natural food store in the upcoming year. They want to take whole, healthy food from farm to market with a small storefront. They are currently working through their business plan but now must decide what steps they need to take …

Monty and Karen are opening a natural food store in the upcoming year. They want to take whole, healthy food from farm to market with a small storefront. They are currently working through their business plan but now must decide what steps they need to take regarding their legal responsibilities in opening such a business in Halifax, Nova Scotia. You have just been hired by Monty and Karen and because you have taken a business law course, they are looking to you to provide some information and research on what steps should be taken before seeking legal advice, hoping to save some dollars. Read More »

3. [20 points] a landscaping upgrade project consists of following activities. Times are given in weeks. Activity Immediate Predecessors Normal Time (weeks) a. none 4 b none 6 C. b 10 d. Description order materials clear job sites excavate job sites make trenches for conduit install conduit form and pour foundations install wire install lighting standards install luminaries 6 6 e d 10 f. С, а 8 g. h. 6 5 T. g h a. Draw the network diagram. If you drew on a paper, scan and insert into the document. b. Calculate the ES, EF for each activity. c. Construct an early-start-date Gantt chart for the project. What is the project completion? Time? d. Which activities can be delayed without affecting the project completion time?

EXPERT ANSWER b. ES, EF calculations are shown below: Early Start (ES) = Maximum (or Highest) EF value from immediate Predecessor(s) Early Finish (EF) = ES + Duration Activity Predecessor Duration (days) ES EF a – 4.0 0 4 b – 6.0 0 6 c b 10.0 6 16 d b 6.0 6 12 e …

3. [20 points] a landscaping upgrade project consists of following activities. Times are given in weeks. Activity Immediate Predecessors Normal Time (weeks) a. none 4 b none 6 C. b 10 d. Description order materials clear job sites excavate job sites make trenches for conduit install conduit form and pour foundations install wire install lighting standards install luminaries 6 6 e d 10 f. С, а 8 g. h. 6 5 T. g h a. Draw the network diagram. If you drew on a paper, scan and insert into the document. b. Calculate the ES, EF for each activity. c. Construct an early-start-date Gantt chart for the project. What is the project completion? Time? d. Which activities can be delayed without affecting the project completion time? Read More »

discuss wich forecasting method would be more suitable for determining demand at each of the standing distribution centres(i.e. cape town, and Johannesburg)

in the context of the Pepkor group, highlight the logistics decisions that will take place in the post-disaster restructuring according to the various levels of logistical decisions, 2.1 discuss wich forecasting method would be more suitable for determining demand at each of the standing distribution centres(i.e. cape town, and Johannesburg) EXPERT ANSWER There are serveal …

discuss wich forecasting method would be more suitable for determining demand at each of the standing distribution centres(i.e. cape town, and Johannesburg) Read More »