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.