Case study on shuzworld

Assignment Help Operation Management
Reference no: EM13726478

Introduction-

For this task, you will use the "Shuzworld" case study (see Web Links section below). You will need to read the entire case study to be able to complete this task correctly.

All the instructions in the case study are considered task directions. Please provide answers to all questions posed in the case study as you respond to the following task prompts.

Requirements:

Create a multimedia presentation (e.g., PowerPoint, Keynote) in which you do the following:

Note: The slides in your presentation should include only the main points you wish to make, with more extensive information included in the presenter notes section of the presentation.

A.  Recommend whether Shuzworld should build the proposed stand-alone store, the strip mall store, or not proceed with construction, using an appropriate decision analysis tool, as directed in section 10 (Shuzworld retail stores analysis) of the Shuzworld case study.

Note: The recommendation should consider both positive and negative survey outcomes, and should include sufficient discussion of the output (the full tree and all EMVs).

1.  Submit an accurate copy of the computer-generated output from the appropriate decision analysis tool used in part A.

2.  Explain why the decision analysis tool you chose is the best fit for this problem.

3.  Discuss two other important factors, unrelated to decision analysis tools, thatShuzworld should consider while evaluating location alternatives for a new store.

B.  Discuss two project techniques that can be used with the construction project plan for the store being built, as directed in section 12 ("Shuzworld One: a grand reopening") of the Shuzworld case study.

Note: The discussion should include the following parts:

• Two project techniques that you decide to use

• Why the selected project techniques are the best fit for this problem

• How long the project is expected to take

• How many days to plan on to have a 95% likelihood of finishing the project within that time frame

• How the project can be crashed to finish 5 days earlier than the initial critical path shows (determine this "by hand")

• The associated cost of crashing the project 5 days early

1.  Present a network diagram indicating the critical path.

C.  Evaluate the trade-offs of allocating production line workers to minimize production costs as directed in section 11 ("Determining production mix") of the Shuzworld case study.

Note: Here you want to recommend a production mix of shoes and sneakers in order to meet all requirements and minimize production costs.

1. Recommend a production mix of tassel loafers and penny loafers that maximizes profits for Shuzworld's Shanghai plant, using an appropriate decision analysis tool.

a. Submit an accurate copy of the computer-generated output for both scenarios (cost minimization and profit maximization) from the appropriate decision analysis tool used in part C1.

b. Explain why the decision analysis tool you chose is the best fit for the problem.

D. Evaluate Shuzworld's reordering practices at the Baltimore store, using the results of a 20-day Monte Carlo simulation, as directed in section 10 ("Shuzworld retail stores analysis") of the "Shuzworld" case study.

Note: The response should recommend an appropriate reordering practice.

E. Discuss ways to give Shuzworld a competitive advantage by doing the following:

1. Recommend a human resources strategy to improve employee efficiency and effectiveness in the operations segments of Shuzworld.

2. Discuss two applicable operations management philosophies that focus on reducing waste and increasing efficiency in Shuzworld's production processes.

F. When you use sources, include all in-text citations and references in APA format.

Reference no: EM13726478

Questions Cloud

Write one radio psa and one television psa : Write one radio PSA AND one television PSA
Insurance company are entirely non-systematic : An insurance company’s losses of a particular type per year are to a reasonable approximation normally distributed with a mean of $150 million and a standard deviation of $50 million. (Assume that the risks taken on by the insurance company are entir..
How is dmr different from diminishing marginal utility : Why does DMR occur?  Explain it in plain English and how is DMR different from diminishing marginal utility?  How are they similar?
Pros and cons of the two alternatives : An investment bank has been asked to underwrite an issue of 10 million shares by a company. It is trying to decide between a firm commitment where it buys the shares for $10 per share and best efforts where it charges a fee of 20 cents for each share..
Case study on shuzworld : For this task, you will use the "Shuzworld" case study (see Web Links section below). You will need to read the entire case study to be able to complete this task correctly.
What is the function of resources and leadership roles : What is the function of resources and leadership roles in IT management
Explain applications of the writ of abeas corpus : Explain applications of the write of abeas corpus in the American History.
Business to business portals : As more businesses launch and depend on e-commerce and business-to-business portals, the importance of security will continue to increase. Research and discuss what you believe are the largest threats against network security, and what measures s..
Firms should follow a constant dividend payout ratio policy : Farrah owns 5,000 shares of stock in DAS, Inc. with a market value of $15,000.DAS declares a 20% stock dividend. After the dividend is paid, Farrah owns. In industries with volatile earnings, the residual dividend policy results in the most consisten..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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