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BUS 515 Discussion Questions with Answers (To be use as guide) BUS 515 Discussions Week #1-1 Compare and contrast an existing organization’s three major functions (i.e., finance, marketing, and operations), and then justify the interdependence that operations have to finance and marketing. Provide examples to support your rationale. The major functions of Verizon Wireless are key to their success. The finance area of Verizon ensures that good decisions are made in regards to the products and services that are offered to their customer where the marketing comes in and ensure that the customers are aware of the many products and services that are offered by the company and coming up with ideas that will captivate the customers. All the while operations is there to ensure that all the links of the business work hand in hand. Week #1-2 Evaluate three historical developments in OM, focusing on one major movement in history. Next, assess the significance that each of the three selected developments had during the corresponding time period.
Week # 2-1 Analyze one existing business operations strategy, and then evaluate how well or how poorly the chosen strategy supports that business’ vision, mission, and business plan. Provide support for your rationale. Suggest the competitive priorities that the existing business that you chose used in the development of its operations strategy. Provide specific examples to support your suggestion. Week #2-2 Using product screening, analyze a new product from operations, marketing, and finance perspectives. Predict whether or not the product is likely to be successful, based on your analysis.
Analyze an existing product, and discuss two to four OM strategy changes that occurred during the product’s life cycle. Provide examples to support your analysis. Week #3-1 Analyze the supply chain of an existing service or manufacturing organization, and justify two to three competitive advantages that the service or organization gains by utilizing the supply chain. Provide specific examples to support your rationale. Select three problems that brick-and-mortar organizations face as they transition toward becoming virtual organizations. Debate whether the operations of virtual organizations exacerbate brick-and-mortar organizations’ existing problems or whether they create new problems. Provide specific examples to support your rationale.
Week #3-2 From the e-Activity, evaluate the pros and cons of an existing organization’s business strategy, and identify three supply chain performance metrics that align with customers’ expectations. Provide specific examples to support your rationale. Evaluate the likelihood of success in an organization with poor supply chain performance metrics. Then, determine three supply chain performance metrics that were, in your opinion, misaligned with the customers’ expectations. Provide specific examples to support your rationale. Week #4-1 From the first e-Activity, select three of Deming’s 14 points, and evaluate how each point is critical to the success of a TQM program. Provide specific examples to support your rationale. Select three specific concepts from the philosophy of TQM, and present three situations in which organizations can identify quality problems and correct them at the source. Provide specific examples to support your rationale Week #4-2 From the second e-Activity, select an organization that received the Malcolm Baldrige National Quality Award, and assess two to four contributions to quality that the chosen organization displayed. Compare the success of the chosen organization with organizations within similar industries, and judge whether TQM did or did not correlate with success. Develop five strategies to share with an organization that would improve its quality standards. Provide specific examples to support your rationale. Week #5-1 Develop three examples that illustrate how a manufacturing company of your choice uses JIT, and then determine three to four benefits of JIT for that particular organization. Provide specific examples to support your rationale.
Develop three examples that illustrate how a servicing company of your choice uses JIT, and then determine three to four benefits of JIT for that particular organization. Provide specific examples to support your rationale. Week #5-2 Defend the benefits of the Delphi Method, and suggest two to three situations in which your past or current employer should have used it. Provide specific examples to support your rationale. Compare and contrast the primary differences between a time-series model and a casual model. Debate two advantages and two disadvantages of each model. Provide specific examples to support your rationale
Week #6-1 From the e-Activity, analyze two to three different types of control charts, focusing on which aspects of each control chart would fit well in the industry that you chose to research. Reconstruct a situation where a process was deemed out of control. Focus your reconstruction on key variations related to assignable causes or Type I errors. Next, determine the steps you could take to ensure that the process is maintained in the UCL, CL, or LCL of the control chart. Week #6-2 Using the Six Sigma Approach (DMAIC), provide an example situation that utilizes the five-step plan, and determine three to four challenges you may encounter using this approach. Provide specific examples to support your rationale. Using acceptance sampling, propose a situation in which you would be forced to utilize both the consumer’s risk and the producer’s risk, and then justify key usages of both within an industry of your choice. Provide specific examples to support your rationale Week #7-1 Analyze two or three differences between design capacity and effective capacity, and then predict one or two challenges that you may encounter when using each method. Provide specific examples to support your rationale. Using the three-step process found in the textbook, formulate a situation in which you must make a capacity planning decision. Provide three positive and three negative events that may occur during the process in question Week # 7-2 Using the three steps found in the textbook for designing process layouts, critique a poor layout plan in your area and analyze two to three challenges you observed in the use of the poor layout plan. Then, develop a comprehensive plan to mitigate each challenge that you identified.
Determine key layout variables that you consider to be particularly important at your current or past employment location, and then describe three advantages and three disadvantages evident in the layout you observed.
Week #8-1 Describe one of the worst jobs you believe you have encountered, and speculate on why people are still attracted to this job. Create a redesign plan for this job which focuses on improved productivity. Evaluate a compensation system of your choice in terms of how the compensation reinforces the behaviors needed to meet the company’s objective. Next, propose three improvements to the compensation system based on your evaluation
Week# 8-2 Using the four steps in network planning techniques, select a personal project that you have recently completed or are in the process of completing. Determine three to five challenges that could affect the estimated completion time. Defend the determination of crashing a non-critical activity in your personal project network. Provide specific examples to support your rationale. Week #9-1 Analyze the purpose of inventory management as it applies to operations management, and then evaluate the advantages and disadvantages evident in the use of the ABC classification system. Suggest a situation in which safety stock must be utilized, and then determine how the organization should decide on the reorder point when using this methodology.
Week #9-2 Illustrate, using one example, a situation that utilizes aggregate planning, and then determine which level (chase or hybrid) should be used by the organization in the situation you have illustrated. Provide specific examples to support your rationale. Compare and contrast two or three aggregate plans for companies with tangible products against aggregate plans for companies with nontangible products. Provide specific examples to support your rationale. Week #10-1 From the e-Activity, analyze three to four benefits of the ERP, and then select an ERP vendor. Determine two or three factors that contributed to the selected vendor having improved productivity. Compare and contrast independent and dependent demand, and then provide three to four advantages and disadvantages that are evident in both. Provide specific examples to support your rationale
Week # 10-2 Using the priority rules steps, propose a situation where you must utilize priority rules. Determine the effectiveness of priority rules in the situation you have selected. Provide specific examples to support your rationale. Select an industry, and then discuss any bottleneck challenges you have witnessed in that specific industry. Suggest two to four methods in which those challenges can be mitigated by operations managers using the Optimized Production Technology (OPT) principles defined by Eli Goldratt.