Success of any business

Assignment Help Operation Management
Reference no: EM13808161

Question 1: You are designing a grocery delivery business. Via the Internet, your company will offer staples and frozen foods in a large metropolitan area and then deliver them within a customer-defined window of time. You plan to partner with two major food stores in the area. What should your competitive priorities be and what capabilities do you want to develop in your own core and support processes?

Is it possible for a project to have more than one critical path? Discuss the implications of such a situation with respect to each of the following aspects:

  1. Project risk
  2. Total available slack
  3. Resource dependencies
  4. Responsibilities of the project manager.

Question 2: A flowchart helps us see all of the steps in a process, which in turn help us improve the process. It also helps us identify and eliminate any redundant steps in a process. Using Word tools (SmartArt under the Insert tab), design a process flow chart for the grocery delivery business in Question One above. In the discussion element of your response, clearly define the steps within the process and provide a rationale for that step.

Question 3: From the grocery delivery business addressed in Question One, the grocery chains that you are planning to partner with use differing inventory control models. Company A utilizes the Just-in-Time (JIT) inventory control model and Company B uses an Economic Order Quantity model. In reviewing your business plan, the bank loan officer has noticed this. As the loan officer is not overly familiar with either model, a request has been made of you to provide a description of each model and an explanation of why partnering with these companies would or would not create a conflict within your operations. Provide a detailed analysis of the situation in your business model.

Question 4: A Quality Assurance (QA) Program is essential to the success of any business.In establishing your grocery delivery business, what are some of the Quality Control (QC) processes that you envision employing? Why? Provide examples of potential metrics. Justify your choices.

Question 5: Efficiency is a critical element both in terms of individuals and machinery in any business. Describe some efficiency measures that you would implement in your grocery delivery business. What are the analysis tools that you would utilize to determine the effectiveness of these efficiency measures?

Reference no: EM13808161

Questions Cloud

Find the z scores for which the distributions area lies wit : Find the z-scores for which 88% of the distributions area lies within -z and z. The z-scores are ?
Customer-defined window of time : Question 1: You are designing a grocery delivery business. Via the internet, your company will offer staples and frozen foods in a large metropolitan area and then deliver them within a customer-defined window of time.
Determine what system privileges the dvonline role has : Determine what system privileges the DVONLINE role has. Determine what system privileges your account has been granted
Intervention and evaluation : Intervention and Evaluation
Success of any business : A Quality Assurance (QA) Program is essential to the success of any business.In establishing your grocery delivery business, what are some of the Quality Control (QC) processes that you envision employing? Why? Provide examples of potential metric..
Cigarettes cause the pulse rate to increase : Describe the error in the conclusion. Given: There is a linear correlation between the number of cigarettes smoked and the pulse rate. As the number of cigarettes increases the pulse rate increases. Conclusion: Cigarettes cause the pulse rate to incr..
Important role in business success : You begin the meeting, going around the room and asking each staff member for his or her understanding of what logistics means, and how it can play an increasingly important role in business success.
Evaluation and control metrics : Evaluation and control metrics and methodology to measure performance - Contingency planning
Udp programming project journaling application : UDP Programming Project Journaling Application- We have been looking at using Java UDP Sockets to build networked applications. The example provided with this week's lecture demonstrates some of the basic ideas for setting up a networked applicatio..

Reviews

Write a Review

Operation Management Questions & Answers

  What is the current process capability as measured by cp

What is the current process capability as measured by Cp?

  Define primary and secondary and tertiary care

Define primary, secondary, and tertiary care and give examples of each one in action. Define each type of hospital

  What is a core business process

What is a core business process? Explain it as it relates to operations management.

  What kind of health care plan would you participate in

What kind of health care plan would you participate in? How much is your monthly premium? How much does your employer pay monthly?

  What are the distinctive features of a focused low-cost

What are the distinctive features of a focused low-cost strategy? How does it differ from a low-cost leadership strategy?

  Assignment on strategic management and project selection

Strategically, what must Pan-Europa do to keep from becoming the victim of a hostile takeover? What should· Pan-Europa do now that they have won the price war? Who should lead the way for Pan-Europa?

  Company faced a major crisis that threatened its business

Describe a time in which the company faced a major crisis that threatened its business. How did the company address and overcome this situation

  Logistics criteria for decision making

Would the logistics criteria for decision making be the same as for mass merchandising? Why or why not? Would the logistics metrics be the same as for the mass merchandising industry? Why or why not?

  Advantages of the traditional method

An in-depth description of at least 2 issues faced by most manufacturing firms that have traditional manufacturing methods. Contemporary methods to overcome the cons without losing the advantages of the traditional method

  Calculations for the average at the bottom of the sheet

Do your work on scratch paper and transfer your two RN tables and your five daily sales tables NEATLY onto this page, please be clear, putting your calculations for the average at the bottom of the sheet clearly marked

  Discuss state licensure requirements

Discuss state licensure requirements that an organization must comply with in order to become a Medicare Advantage Plan, any exceptions to the State licensure requirement, and any cases in which special consideration is given to particular types of e..

  Case study - matthew yachts located in montauk

Matthew Yachts, located in Montauk, Long Island, manufactured sailing yachts of all descriptions. The company had begun by building custom-designed yachts for a largely New York-based clientele.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd