Specific recommendations for the firm

Assignment Help Operation Management
Reference no: EM13811341

Your plan should include/address the following points:

1. Describe the situation facing Mensa at the time of the case. This should include the major issues facing the company and the decisions that need to be made. You are to spend no time on corporate history. You must consider the past, but your analysis and recommendations should be forward looking.

2. List your specific recommendations for the firm in detail. Explain why each recommendation was made including the information used and the logic (or analysis) applied to reach your conclusion. As you prepare your analysis, remember that no decision is complete until the financial impact of the decisions is determined. Don't forget to use cash flow analysis and Net Present Value techniques when analyzing the four divisions within Mensa, Inc.

3. If your recommendation(s) need to be taken in a particular sequence, be sure to indicate the proper sequence and the reasons for that sequence.

4. Discuss the events or uncertainties that are most likely to cause trouble in the implementation of your recommendations and how you would react to them if they were to occur.

Reference no: EM13811341

Questions Cloud

Articulate measurement and management initiatives : Articulate measurement and management initiatives for a sustainability-focused business - Gekko-Eco Balanced Scorecard
Moral philosophy influence business decisions : How does a person's individual moral philosophy influence his or her business decisions
Managements opportunity cost of funds : The ACME Parcel Service is considering the purchase of a delivery truck costing $40,000 and generating cash inflows of $8,000 every year while still in operating condition. If management's opportunity cost of funds is 12 percent, how long must the tr..
What is meant by value type and reference type objects : Explain what is meant by value type and reference type objects in C#. Explain the differences, providing an example of each. Write the code for an example of each. Develop your examples, instead of using examples from the textbook or the Internet
Specific recommendations for the firm : List your specific recommendations for the firm in detail. Explain why each recommendation was made including the information used and the logic (or analysis) applied to reach your conclusion.
Ethics and social responsibility in business : Ethics and Social Responsibility in Business Summarize: People have been debating the place of ethics and social responsibility in business for many years. Throughout history, there are examples of companies that have treated ethics and social respon..
Explain the best strategic planning and implementation : Explain the BEST strategic planning and implementation/execution you have observed. Discuss fully.
Create an example of a nested if structure : Create an example of a nested IF structure and build it into a small project. Compile and execute the program, and discuss any challenges you encountered. Post the code of the program
Write a paper about critical thinking : Write a paper about "critical thinking".

Reviews

Write a Review

Operation Management Questions & Answers

  Operations management - decision making question

Suppose if a small $10,000,000 in yearly sales corporation that manufactures quality wooden furniture is planning automating its production line.

  Annual holding costs

C&A Electronics Division sells 30,000 cellular phones each year. They pay a supplier $200 for each phone, annual holding costs are 20% of unit phone cost, and ordering costs are $50 per order. The supplier offers a discount of 20% on orders of 350 or..

  With examples describe two important employee attitudes

With examples describe two important employee attitudes. In your answer be sure to explain why those attitudes are important. Managers have the ability to shape employee behaviors. Let’s say you have a female employee who dresses inappropriately for ..

  What is the efficiency of the line

what is the efficiency of the line balanced as in d? suppose the demand rose from 750 to 800 units per day.what would you do?show any amount or calculations. Suppose that demand rose from 750 to 1,000 units per day.what would you do?show any amoun..

  Question about linear programming problem using excel solver

Woodco manufactures tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. This posting contains solution to following linear programming maximization problem using excel solver.

  Formulating a business-level strategy

All of the following are decisions that should be addressed when formulating a business-level strategy EXCEPT:

  What are the implications of statistical variation

Why are we interested in understanding and measuring variation? Besides using variation in the world of quality, there are also social implications. For example, what does statistical variation suggest about how we ought to judge and treat ourselv..

  Describe the impact of the general agreement on tariffs

What has been the economic impact of terrorism on U.S. and Global Markets since 9/11. Describe the impact of the General Agreement on Tariffs and Trade (GATT) and North American Free Trade Agreement (NAFTA) agreements on cross border trade in North..

  Discuss hrm in the future

What do you think will happen to HRM in the future? What do you think of this prediction for HRM? Is it likely to come true? If so, why? If not, why not?

  Determine the total cost of production

Aggregate demand for a product family is given in the table below for the 4 quarters of 2007. Production costs on regular time are $70 per unit.

  Carlson''s machine center has a relatively long backlog

Carlson's machine center has a relatively long backlog and sets fresh schedules every 2 weeks, which do not disturb earlier schedules

  Interview a customer service manager

Write a interview. Interview a customer service manager about their business, consider asking some of the following questions in your interview

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