Category: Operations Management homework help

 
Prior to beginning work on this discussion forum, read Chapter 7 in the course textbook Using Financial Accounting.
You may consider using the same company and annual reports that you chose in your Week 1 discussion forum, Reading and Using the Annual Report Case Study. This choice will only work if the company generates the bulk of its revenue from the sale of goods and maintains inventory. If not, then you will need to select another company for this analysis. Choose a company that a fellow student has not already posted.
Address the following:
Calculate the inventory turnover ratio and number of days’ sales in inventory for the company for the latest two years. Obtain the industry averages for these ratios and any other pertinent information from the Mergent Online database, available through the UAGC Library, or use another outside resource of your choice, and then analyze the results. Be sure to show your calculations. 

If needed, review the How to Find Industry Ratios and Averages Using Mergent OnlineLinks to an external site. tutorial on how to use the Mergent Online

Discuss what each of these ratios tells you about the company’s efficiency in managing its inventory and how they compare to the industry average. 
Identify the major causes of any changes in these ratios and discuss your assessment of the company based on these changes. 
As an investor, explain whether or not you are satisfied with the company’s inventory management.

 You are the director of the sports commission in a major city in the United States. The year after next, the NCAA Women’s Final Four will be held in your city. Using the information about management decision making model and leadership presented in chapter 4, outline the steps that you would take to prepare for this event (be sure and address the importance of equity, diversity, and inclusion).  Indicate which steps require management skills and which require leadership skills.  Be thorough and specific with your presentation. DO NOT UPLOAD a document, but rather, copy & paste.  Your initial post should be a minimum of at least 250 words 

 You are the director of the sports commission in a major city in the United States. The year after next, the NCAA Women’s Final Four will be held in your city. Using the information about management decision making model and leadership presented in chapter 4, outline the steps that you would take to prepare for this event (be sure and address the importance of equity, diversity, and inclusion).  Indicate which steps require management skills and which require leadership skills.  Be thorough and specific with your presentation. DO NOT UPLOAD a document, but rather, copy & paste.  Your initial post should be a minimum of at least 250 words 

 
Imagine you work for an FMCG company and have been assigned a project to launch a new product variant. You will be working with a team that comprises employees from different departments.
Respond to the following in a minimum of 175 words: 
You must lead your team so that they remain motivated and work toward achieving project goals without any conflicts. Based on your reading and research:
Discuss 2 ground rules you will form for the team to follow.
Discuss 2 ways in which you will manage conflicts that may arise among team members.

In this interactive case study, you will learn about Hilda Smith, a woman who requires extended care and rehabilitation services due to a fall in her home. Completing this activity will help you apply what you’ve learned about financial management in a healthcare situation. 
Instructions
Review Case Study #2: Finance and Reimbursement (below)
Use the template (attached) & the information from the case to answer the questions.
Case Study
Introduction
This case study follows Hilda Smith, a patient at an acute care hospital. As you watch her story unfold, think about how a case manager might incorporate a collaborative process that encompasses various areas of medical care to deliver a personal and tailored recovery plan.
Meet Hilda Smith
Hilda Smith, who had osteoporosis, sustained a hip fracture because of a fall in her home.
After 5 nights in an acute care hospital, she is admitted to an SNF where she spends 16 days for rehabilitation, nursing care, and assistance with activities of daily living. The resident is then discharged to her own home where a physical therapist from a home health agency comes in to train her to use a walker and build strength.
After being at home for 25 days, Hilda develops deep venous thrombosis (blood clot in a vein) in her thigh (related to her fall) and is admitted to the hospital, from where she is transferred to the same SNF after spending 2 nights in the hospital.
Conclusion
Write your answers in well-developed sentences or short paragraphs, using your own words.
As the case manager, how would you respond to the following questions?
Assuming that Hilda meets Medicare criteria for the services described here, how many days of SNF care is she entitled to during her most recent stay (assume that she qualifies for the full 100 days)?
How much in deductibles and copayments does Hilda have to pay? (For 2021, the Part A deductible was $1,484 and the daily copayment for SNF was $185.50.)

Prepare
For this discussion, examine a quality improvement program. Choose to examine the quality improvement program from a quality improvement program from a long-term care facility that you will research online. Be sure that you can talk about the following areas of your chosen program:
Structures.
Processes.
Outcomes.
Regulatory minimum standards.
Respond
In this discussion preparation, you were asked to examine the quality improvement program from a long-term care facility. Address the following:
Describe the current quality improvement program chosen as part of the Discussion Preparation this week. Focus on the areas listed below and specify the main roles involved in this program.

Structures
Processes
Outcomes
Regulatory minimum standards.

Determine whether this quality improvement program is aligned with Deming’s Process Improvement Cycle.

Provide a rationale for your determination.

“United Airline Pilot Shortage”
In this course, you will study production management. As part of the course, you will analyze an aviation or aerospace industrial management issue related to production/operations management, write a research paper, and create a presentation.
Considering the 10 OM decisions, your paper will be a review of issues that were caused by a failure in the production/operations management process. You will compare and contrast the current research findings with the principles and concepts presented in your Heizer, et al. textbook.
All reference sources should be from academic journals, professional trade publications, and respected business or industry magazines. Limit the use of books as sources. Do NOT use articles or sources from Wikipedia! Use references published within the past six years.
The basic rules for your research paper include:
Follow the current Writing Style Guide for manuscripts closely.
The paper should be 10 pages at a minimum.
Use one-inch margins on all sides.
Left justify all narrative.
Use Times New Roman font, 12-point.
Indent the first line of each paragraph one-half inch.
Double-space everything in the paper. Do not add extra lines or spacing between paragraphs or sections of the paper.
After you write your research paper, you will create a five minute narrated presentation using Canvas Studio. Your presentation should meet this basic criterion.
Title slide with the topic, course number, and author (student) identified.
Overview or introduction slide to describe the presentation content.
A sufficient number of slides to convey the method and findings of the review.
Audio that further describes the slide content.
Summary or conclusion slide to close the presentation.
Reference list to show the sources cited within the presentation.
Video, animation, or other supporting elements as desired to enhance the presentation.
The presentation will be due by day three of Module 9.
Review the Presentation Guide for assistance in creating your presentation.
For research papers, it should be a concise statement of the main topic of the research and should identify the variables or theoretical issues under investigation and the relationship between them. Although there is no prescribed limit for title length in APA Style, authors are encouraged to keep their titles focused and succinct. I would focus on one company or airline company and talk about the issues and causes of this shortage, but you need to incorporate these elements in your title. Considering the 10 OM decisions, your paper will be a review of issues that were caused by a failure in the production/operations management process. You will compare and contrast the current research findings with the principles and concepts presented in your Heizer, et al. textbook

As part of the short-term scheduling process, a manager must assign tasks and resources (usually machines and people) to accomplish the job with the objective of minimizing total cost. In this activity, you will use the assignment method to do that.
You work in a production facility that produces widgets. You have four different machines that can produce the same part; however, since each machine is different, the production cost is different. You are responsible for assigning jobs to machines, and you need to make sure to minimize the total cost to produce the widgets.
Calculate the best job assignments based on resources as shown in the following chart.
—CHART IS ATTACHED AS FILE—
Use Excel or the Excel OM Assignment module to calculate the best job assignments based on resources as shown in the chart.
When using Excel OM
If you are using Excel OM, please make sure you have the Excel Solver Add-in enabled for this assignment. It may already be enabled in your Excel, to make sure, follow the steps below:
Go to File –> Options –> Add-ins –> You should see “Solve Add-in” under Active Application Add-ins.
If it is not enabled, follow these steps to enable it:
Select “Solve Add-in” from the manage menu at the bottom of the window. Click Go.
Check “Solve Add-in” box and press OK.
After you determine the best job assignment, indicate on your spreadsheet the minimum cost that the company will incur based on this assignment.

 
Imagine you work for an FMCG company and have been assigned a project to launch a new product variant. You will be working with a team that comprises employees from different departments.
Respond to the following in a minimum of 175 words: 
You must lead your team so that they remain motivated and work toward achieving project goals without any conflicts. Based on your reading and research:
Discuss 2 ground rules you will form for the team to follow.
Discuss 2 ways in which you will manage conflicts that may arise among team members.

In this interactive case study, you will learn about Hilda Smith, a woman who requires extended care and rehabilitation services due to a fall in her home. Completing this activity will help you apply what you’ve learned about financial management in a healthcare situation. 
Instructions
Review Case Study #2: Finance and Reimbursement (below)
Use the template (attached) & the information from the case to answer the questions.
Case Study
Introduction
This case study follows Hilda Smith, a patient at an acute care hospital. As you watch her story unfold, think about how a case manager might incorporate a collaborative process that encompasses various areas of medical care to deliver a personal and tailored recovery plan.
Meet Hilda Smith
Hilda Smith, who had osteoporosis, sustained a hip fracture because of a fall in her home.
After 5 nights in an acute care hospital, she is admitted to an SNF where she spends 16 days for rehabilitation, nursing care, and assistance with activities of daily living. The resident is then discharged to her own home where a physical therapist from a home health agency comes in to train her to use a walker and build strength.
After being at home for 25 days, Hilda develops deep venous thrombosis (blood clot in a vein) in her thigh (related to her fall) and is admitted to the hospital, from where she is transferred to the same SNF after spending 2 nights in the hospital.
Conclusion
Write your answers in well-developed sentences or short paragraphs, using your own words.
As the case manager, how would you respond to the following questions?
Assuming that Hilda meets Medicare criteria for the services described here, how many days of SNF care is she entitled to during her most recent stay (assume that she qualifies for the full 100 days)?
How much in deductibles and copayments does Hilda have to pay? (For 2021, the Part A deductible was $1,484 and the daily copayment for SNF was $185.50.)