With the growth of digital photography

Assignment Help Operation Management
Reference no: EM131039541

With the growth of digital photography, a young entrepreneur is considering establishing a new business, Cruz Wedding Photography. He believes that the average number of wedding bookings per year is 15. One of the key variables in developing his business plan is the life he can expect from a single digital lens reflex camera before it needs to be replaced. Due to heavy usage, the shutter life expectancy is estimated to be 150,000 clicks. For each booking, the average number of photography taken is assumed to be 2,000. Developed a model to determine the camera life (in years).

Reference no: EM131039541

Questions Cloud

Describes five major conflict styles : Your textbook describes 5 major conflict styles. Identify and explain each style. Under what circumstances would each style be appropriate? Which style fulfills everyone's interests without requiring significant sacrifices from individual members?
Porter writes about informal and formal fallacies : Porter writes about informal and formal fallacies. The goal of this discussion question is to review scenarios and identify one of the specific fallacies depicted. Analyze the scenario and in your response to the executive, point out the fallacy in o..
Organizational training and development : As an outside consultant, you do not often have control over work environment and conditions. What can be done to maximize transfer of training if the work environment and conditions are unfavorable and difficult to change? Describe some specific act..
Describe a situation where you exhibited this habit : Finding solutions to problems is not always as easy as it seems. Brainstorming—or coming up with ideas using critical and creative thinking—is a great way to find different solutions to problems. Which one of the six habits that hinder thinking do yo..
With the growth of digital photography : With the growth of digital photography, a young entrepreneur is considering establishing a new business, Cruz Wedding Photography. He believes that the average number of wedding bookings per year is 15. One of the key variables in developing his busi..
Tort law theory-foreseeability and negligence : Analyze the James v. Meow Media case, and then develop a position. What was missing in the words that prevented the court from finding this company at fault. “Our inquiry is whether the deaths of James, Steger, and Hadley were the reasonably foreseea..
What happens to the present value of a cash-flow stream : What happens to the present value of a cash-flow stream when the discount rate increases? Place this in the context of an investment. If the required return on an investment goes up but the expected cash flows do not change, would you be willing to p..
Contrast two vertical market companies-their strategic plans : Compare and contrast two vertical market companies and their strategic plans and determine their differences in terms of product offerings, sales processes, target markets, management style, customer service techniques, Web site or online offerings e..
Standard market research checklist : Case Study: Where to Place the Hard Rock Café (pp.351–352 and Pearson Video Library) Case Study Questions From Munday’s Standard Market Research checklist, select any other four categories, such as population (A1), hotels (B2), or restaurants/nightcl..

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