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Scenario: Your good friends, Jack and Tom, have just met with their company's accountant. They have received bleak news about their profits for last year. Jack and Tom have needed to upgrade their equipment but haven't had the money. They have recently had a small fire in their warehouse. In reviewing the documents, they realize that their insurance company will pay for the replacement of many of the operational tools even though they weren't damaged. Jack and Tom realize that the forms completed by their warehouse supervisor were not completely accurate although the forms contain no outright lies. Jack and Tom's insurance company has sent them a letter that has scheduled an arbitration to set the insurance payment that will be made to them.
Jack and Tom are your best friends and invite you to lunch to discuss these issues and get your advice.
Take a position on what you whether you would revise the forms - explain why or why not.
Define arbitration and explain how it would work.
Research and identify a case, company or situation that used arbitration to successfully resolve this situation.
Explain what ethical theories the warehouse manager is likely to use to support his/her actions.
Explain what ethical theories Jack and Tom should consider to refute the warehouse manager's actions.
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 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..
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..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
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 of DVD players. Determine the appropriate reorder point.
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.
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 showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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