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Description PLEASE DO NOT USE ANY AI PROGRAMS OR GRAMMERLY TO CREATE OR EDIT TH ...

Description PLEASE DO NOT USE ANY AI PROGRAMS OR GRAMMERLY TO CREATE OR EDIT THIS PAPTER. I HAVE RECEIVED ZERO'S ON PREVIOUS PAPER FROM STUDYPOOL BECAUSE OF THIS. MKTU 301 Principles of Marketing Final Marketing Plan Presentation Final Presentation Topic Selection: ReJuuv Smart Hydration Patch Overview This Signature Assignment fulfills the Business Administration Credit Hour Learning Outcome IL0 2, Innovation and Creativity and Program Learning Outcome PLO 4, Technology. Directions Step 1: In this assignment, students will develop a marketing plan for their approved product or service topic (do not repurpose it from your practice papers).The final marketing plan is a presentation, not a paper. Step 2: Create a presentation that shares the marketing plan for your product and service. Use the lessons learned from the practice papers and discussions. Structure your marketing plan to include the following information: Describe your product or service. Develop a comprehensive marketing strategy for your product or service. Choose four (4) sections from this list to include in your marketing strategy. Marketing mix, Positioning strategy, Product and industry life cycles, Channels of distribution, Social media strategy, Pricing, and Promotion Develop a competitive analysis incorporating eight methods of differentiation between your product/service and your competitors; include a SWOT table and analysis that depicts the differentiation. Include at least ten references. Step 3: Prepare a Kaltura or screencast of your presentation of your marketing plan. “Standalone” PowerPoints, Google Slides, ArcGIS Story Map, or Prezis with embedded speech are not acceptable presentation formats. Your presentation should not exceed 15 minutes (the time limit for a free presentation using the apps is fifteen minutes). You may convert the Kaltura or screencast to YouTube if desired. Test the links to be sure they work -- either as a hyperlink or if it is copied/pasted into a browser. Format The final deliverable will be a voiceover presentation. Kaltura or Screencast-o-Matic is the suggested voiceover application. Do not submit flat PowerPoints, Google Slides, or Prezis. You may use the voiceover feature of PowerPoint or Prezi; however, if the audience must click to advance the voiceover, it is not an acceptable "voiceover" application. Please only submit voice-over presentations that do not require a click-through. The presentation must run like a movie. Use these section headers in your presentation: Product or Service Description, Marketing Strategy, Competitive Analysis, and References.

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Description I need you to structure this business plan. It's for a childcare ce ...

Description I need you to structure this business plan. It's for a childcare center in a rural area. UNFORMATTED ATTACHMENT PREVIEW This business plan outlines the establishment of a dedicated childcare center in Loxley, Alabama, specifically designed to provide high-quality early childhood education and care for children aged 6 weeks to 5 years. We are passionate about supporting each child's unique developmental journey through a variety of engaging educational activities and joyful play-based learning experiences. Our primary goal is to create a warm, safe, and nurturing environment where parents can feel confident knowing that their little ones are cared for by experienced and dedicated professionals. We aspire to establish a thriving center that not only upholds exceptional standards of early childhood education but also fosters a close-knit and welcoming community among families. Together, we can create a lasting, positive impact on the lives of our children! Business Description Business Name: To be determined. Location: Loxley, Alabama, a growing rural community with an increasing number of young families. Type of Business: Child Care Center serving children aged 6 weeks to 5 years. Facility Details: Size: 2,000 square feet. Capacity: Designed to comfortably serve 55 children. Layout: The building will feature multiple classrooms tailored for different age groups, a secure outdoor play area, and designated spaces for rest and other activities, ensuring both safety and enrichment. In Alabama, the maximum capacity for a 2,000-square-foot daycare center is 62 children. This is because the Alabama Department of Human Resources requires a minimum of 32 square feet of indoor activity space for each child. Services Offered: Full-Time and Part-Time Child Care: Flexible scheduling options to accommodate various family work hours. Developmental Educational Programs: Research and evidence-based curriculum designed to promote early literacy, numeracy, problem-solving, and emotional intelligence through engaging, age-appropriate activities. Enrichment Activities: Creative arts, music, and physical development programs are integrated into the daily schedule. Market Analysis: Industry Overview: The demand for childcare services has become increasingly pronounced, particularly in rural areas with a high concentration of working families. In 2022, nearly 85,000 hardworking Alabama families needed access to child care but had no quality options in the communities where they live. This represents 40% of children under age 6 who may need childcare but whose families cannot reasonably access it. In over half of Alabama’s counties, there are three times as many children as there are licensed child care spaces. This demand will continue to increase as Alabama’s success in industry recruitment and job creation outpaces the increase in available child care slots. According to the National Association of Child Care Resource & Referral Agencies, the childcare sector is projected to expand by approximately 7.4% through 2030 Target Market: Families in and around Loxley with children aged 6 weeks to 5 years, including working parents and single-income households. Parents who are dedicated to providing their children with a strong foundation for early education but require affordable childcare services. Competitive Analysis: Currently, Loxley and its surrounding areas are underserved in terms of quality childcare options. Many families face long waitlists at existing facilities, and the current providers often lack comprehensive educational programming. Our center will fill this gap by focusing on a high staff-to-child ratio and a dynamic learning environment that prioritizes the developmental needs of children. Marketing Strategy: Brand Positioning: The center will differentiate itself as a trusted partner in early childhood education, known for providing a safe, nurturing atmosphere that enhances children's social, emotional, and cognitive growth. Marketing Channels: Website Development: We will create a professional, interactive website showcasing our educational philosophy, program offerings, staff qualifications, and testimonials from parents. Social Media Engagement: Utilize platforms such as Facebook and Instagram for community engagement, sharing insights on child development, and promoting events or workshops. Community Outreach Programs: Organize open houses, parenting workshops, and local events to connect with families and demonstrate our commitment to community engagement. Referral Incentives: Implement a referral program encouraging current families to refer new clients by offering tuition discounts or other incentives. Operations Plan: Facility Description: The selected 2,000 square foot building will provide a safe, enriching environment designed for young children. Key features will include: Multiple age-appropriate classrooms that foster various learning modules. Secure outdoor play areas with age-appropriate play structures and shaded rest areas. Safety measures such as secure entry points, childproofing, and monitoring systems to ensure a safe environment for all children. Staffing Requirements: Hiring experienced, passionate staff is crucial to our center's success. Our proposed staffing plan includes: 1 Center Director: Responsible for overall operations and staff management. 4 Lead Teachers: Focused on curriculum implementation and daily activities. 2 Assistant Teachers: Providing support to lead teachers and helping with classroom management. 1 Administrative Assistant: Handling enrollment, communications, and operational tasks. Licensing and Compliance: We will ensure full compliance with all local, state, and federal regulations for childcare facilities, obtaining necessary licenses and adhering to strict health and safety guidelines. Curriculum: Play-Based Learning Approach: Our educational philosophy centers on play-based learning, emphasizing exploration as a mode of discovery. Key components include: Social-Emotional Development: Activities designed to encourage empathy, cooperation, and conflict resolution skills among peers. Cognitive Development: Early literacy and numeracy activities integrated into daily routines through storytelling, arts and crafts, and interactive lessons. Physical Development: Structured playtime with activities that promote gross and fine motor skills, including outdoor play, arts, and movement classes. Assessment Methods: Each child’s developmental progress will be regularly monitored through assessments and parent-teacher meetings, ensuring tailored educational experiences that cater to individual needs. Revenue Streams: Tuition fees from full-time and part-time students. Potential grants available for childcare providers to enhance affordable access to education for families. Sustainability and Growth Strategy: Quality Assurance Programs: Implement systems for regular feedback from families and staff to evaluate and enhance the quality of care and education. Continuous Staff Training: Invest in ongoing professional development programs to keep our staff updated on best practices in early childhood education. Community Partnerships: Build relationships with local organizations to foster a sense of community, enhance service offerings, and support our growth. Conclusion The proposed childcare center in Loxley, Alabama, addresses a significant need in the community by providing high-quality and accessible early childhood education for local families. By securing a bank loan, we can bring our vision to life and establish a safe and enriching environment that supports the developmental needs of children. Our commitment to excellence in childcare will not only provide peace of mind to parents but also create a lasting positive impact on the community. Appendix: Additional documents, such as detailed financial projections and resumes of key staff members, can be included in the appendix for review. Purchase answer to see full attachment

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Description Chapter 10: Operations Management Discussion: Post an example of a ...

Description Chapter 10: Operations Management Discussion: Post an example of a firm and how it has relied on operations management to boost performance and productivity. Go tohttps://pressbooks.lib.vt.edu/fundamentalsofbusine...to access the free e-book.

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Description Assignment: Short Paper # 5 The Title and the 'Main body of Discus ...

Description Assignment: Short Paper # 5 The Title and the 'Main body of Discussion' of this Short Paper must include the topics and issues discussed in Chapters 8 (Recruitment, Selection, and Promotion) of the required textbook (Donald Klingner/John Nalbandian/Jareed Llorens, “Public Personnel Management: Context and Strategies” Routledge Seventh Edition 2018 ( ISBN: 978-1-138-28120-2) or Earlier edition. Students should provide additional 2-3 citations from outside the Text Book. The Short Paper should maintain an orderly theme, including an Introduction, Main body of Discussion and Conclusion. Papers should be long (1800-2000 words) Short Paper Guidelines The topic/title of a short paper will be chosen by the student reviewing chapters assigned for that short paper. The short paper should be submitted by the due dates. They should be typed with a cover page indicating the topic and due date. All short papers must be typed and completed in (1800-2000), with 3-4 appropriate references in APA or Chicago style. Students will submit a total of 8 short papers over the course of the term (25 points each). How to write an Excellent Short Paper While one may have his/her own idea about how to write a (1800-2000 words) long Short Paper, I thought it might be a good idea to provided some guidelines, as all Eight Short Papers will carry a big chunk of your grade. To write an excellent and professional Short Paper, please follow the following Guidelines Read all the assigned materials including the text books Make sure that the Title of your Short Paper reads like a statement - indicating the issues, ideas, and analysis covered inside your paper. Focus on the issues and concepts in the assigned materials (It may be a good idea to take the lead from the contents of the assigned materials and discussions in the class) Try to conceptualize a few themes based on your readings. Discuss these themes in the main body of your paper in a critical and meaningful manner. Make sure the main body of your paper deals with the pros and cons of your chosen topic. Write a conclusive comment of one paragraph to half page. This conclusive statement should exhibit your own creativity and analysis. Please keep in mind, this part is very important, because it may make or break your grade. Whenever necessary citation should be provided. Under no circumstance, don’t write a Paper which is down loaded stuff from somewhere else – without your own input. This will be considered plagiarism.

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Description An essay addressing the theories of human resource management and h ...

Description An essay addressing the theories of human resource management and how they should be combined and utilized in a way that applies to Tech Titan, a fictional technology company. Length will be 4-6 pages (1500-2000 words) not counting the title page or reference page. Format should be .doc or .docx. Instructions Step 1: Read the Scenario Read the Tech Titan case study and identify the key problems and challenges facing Tech Titan in human resource management Tech Titan Case:? Tech Titan, a rapidly growing technology company, has been experiencing significant challenges in retaining its top talent. Despite offering competitive salaries and benefits, the company has seen a steady increase in employee turnover rates, particularly among its mid-level and senior staff. This has led to project disruptions, decreased productivity, and a negative impact on the company's reputation. Background Information: For this Touchstone, you will make the following assumptions: Human Resource Management Foundations Organizational Culture: Tech Titan's culture is highly competitive and demanding, with a strong emphasis on individual achievement. While this has contributed to the company's success, it has also created a stressful and demanding work environment for employees.? Human Resource Strategy: The company's HR strategy is primarily reactive, focusing on addressing issues as they arise rather than proactively anticipating and preventing them.? Talent Management? Recruitment and Selection: The company's recruitment efforts are primarily focused on attracting top talent from prestigious universities and tech companies Onboarding: The onboarding process is relatively basic and lacks a formal structure. New hires may not receive adequate training or support during their initial months at the company. There is a four-hour orientation meeting where new hires complete the required paperwork and are given a copy of the handbook.?? Performance Management/Employee Relations Performance Appraisal: Performance appraisals are conducted annually and are primarily based on subjective evaluations from supervisors. There is limited use of objective performance metrics or 360-degree feedback.? Employee Relations: The company has a formal grievance procedure, but there is a perception among employees that it is difficult to raise concerns without fear of retaliation.? Compensation and Benefits Compensation Structure: The company's compensation is based on seniority and job level. Performance-based pay or incentives are limited, and there is no formal compensation structure or compensation plan in place. ? Benefits: The company offers a traditional benefits package that includes health insurance, retirement plans, and paid time off. However, some employees have expressed a desire for more flexible benefits options, but Tech Titan is concerned about what it can provide in the future due to higher costs.? Step 2: Review Tutorials You should review all the course material and may use any tutorials to inform your decisions. Look for Make the Connection icons throughout the course for tips on content that will be most useful to this paper. Step 3: Draft the Research Paper Prepare a research paper to present to leadership at Tech Titan. The structure for the research paper will consist of four main sections plus a title and reference page. Be sure to cover all of these topics in your paper. The structure for the research paper will consist of these elements: Introduction: Briefly summarize the case and state the thesis statement. Include the key aspects of the case, such as the company's industry, its current situation (e.g., challenges, opportunities, competitive landscape), and any specific problems or issues that need to be addressed. EXAMPLE Thesis Statement: "This paper argues that applying Maslow's Hierarchy of Needs theory to Tech Titan's employee motivation strategies can significantly improve employee engagement and productivity by addressing the unmet needs of employees at different levels, leading to increased job satisfaction and reduced turnover." Analysis: Identify Tech Titan's key problems and challenges and analyze their root causes using relevant HR concepts you learned throughout this course. Read the scenario to understand the core issues you are addressing. Consider factors such as organizational culture, talent management, performance management, employee relations, and compensation and benefits. You should support your analysis with evidence from at least 2-3 Sophia tutorials. Additional resources are optional. If you choose to reference additional sources, be sure to use reliable sources of information such as reputable business publications. hint Human Resource Managers use American Psychological Association (APA) format for their research. In in-text citation in APA format for a Sophia course includes the tutorial title and the date, if available. Here is how to format an in-text APA citation for a Sophia tutorial: (Compensation Plans, 2025) Recommendations: Propose specific recommendations to address the identified problems. Make sure recommendations are consistent with one another. Your recommendations should be practical, feasible, and aligned with the company's strategic goals. Conclusion: Summarize your key findings and recommendations. Return to your introduction section to revise and refine your thesis statement to ensure it is clear, concise, specific, arguable, and effectively communicates the main point of your research paper. Reference List: Include a list of references in APA format for any resource you use, including tutorials from this course. hint Here is how to format an APA reference entry for a Sophia tutorial: Sophia Learning, L.L.C. (2025). Compensation Plans. In Human Resource Management. Sophia Learning. https://app.sophia.org/tutorials/compensation-plans

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Description Gregory Goddard Oct 4 3:31pm| Last reply Oct 7 4:52pm Reply from G ...

Description Gregory Goddard Oct 4 3:31pm| Last reply Oct 7 4:52pm Reply from Gregory Goddard The Future of Health Services Delivery Goals of the ACA According to Shi and Singh (2023), the goals of the ACA were to expand Medicaid and increase insurance options for the most vulnerable populations in the United States. The act also created state and federal health insurance exchanges to better regulate private insurance programs and prohibited insurers from denying coverage based on pre-existing conditions (Shi & Singh, 2023). While President Clinton attempted to pass healthcare reform, it was not until President Obama took office that healthcare reform took shape as his political party was aligned to be able to pass the necessary legislature to make it law. The ACA was the culmination of these two administrations (Shi & Singh, 2023). Shi and Singh also state that another goal of the ACA was to fund the Community Health Center program to increase access to healthcare services. Meeting the Goals of the ACA According to Shi and Singh (2023), the expansion of Medicaid services to the uninsured has not met expectations as inadequate funding and rising healthcare costs have inhibited the original goals of the ACA. However, the expansion efforts to ensure funding for children whose family meets certain income standards was successful and funded through 2027 but due to these rising costs, funding is not enough to insure those who meet guidelines and as a result, enrollment has declined over the last several years. (Shi & Singh, 2023). The text also states that three major challenges impact the effectiveness of the ACA. The first is that the Supreme Court made it optional for states to comply with the requirement to expand Medicaid eligibility. Secondly, undocumented immigrants are not covered under the ACA and cannot obtain coverage through the marketplace nor are they qualified for Medicaid. Finally, some find themselves in the gap. They do not qualify for state or federal programs, but they do not make enough to be able to afford insurance through the marketplace, and with the lifting of fines by President Trump for not having health insurance, there is still a large number of uninsured in the United States (Shi & Singh, 2023). The Future of Healthcare Reform The future of healthcare reform is not just contingent on the success of the ACA. One of the leading changes in healthcare reimbursement, value-based payments, is creating a paradigm shift in matching quality with payments in an attempt to reduce costs and increase quality in health services. According to Harrill and Melon (2021), the patient, the physician, and the payer, must be aligned within healthcare reform to ensure the outcomes of VBH are met. Harrill and Melon go on to state that healthcare reform must balance the equation of Value = Patient Experience Management (2021). Meaning, all three stakeholders must align to provide what the patient considers "value" in order to increase reimbursement through improved patient outcomes. According to McWilliams (2024), "Policymakers will have to be more deliberate in structuring Medicare to uphold desired protections while controlling spending" (p. 764). Medicare spending will likely have to align with VBH as well to ensure that it can control costs appropriately to meet the rising demands of care with an aging population. 1 Timothy 5:8 tells us that we are to care for family members and Leviticus 19:32 tells us to honor the elderly (English Standard Version, 2001/2016). Healthcare reform that seeks to balance equity in care, especially with ensuring the long-term effectiveness of Medicare, ensures that we are caring for the elderly as Christ has commanded us to do. It even comes with a promise that says by honoring our father and mother it will go well with us in the future (English Standard Version, 2001/2016). References English Standard Version (2016). English Standard Version Online. https://esv.org.Links to an external site. (Original work published 2001). Harrill, W. C., & Melon, D. E. (2021). A field guide to U.S. healthcare reform: The evolution to value?based healthcare. Laryngoscope Investigative Otolaryngology, 6(3), 590-599. https://doi.org/10.1002/lio2.575Links to an external site. McWilliams, J. M. (2024). The future of medicare and the role of traditional medicare as competitor. The New England Journal of Medicine, 391(8), 763-769. https://doi.org/10.1056/NEJMsb2313939Links to an external site. Shi, L., & Singh, D. A. (2023). Essentials of the U.S. health care system (6th ed.). Jones & Bartlett Learning.

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Description I need help completing a discussion board post for my Management co ...

Description I need help completing a discussion board post for my Management course (Managing Dynamic Environment). Below are the exact requirements provided by my instructor: Description: As we have learned, organizations change either because something is not working as planned or there is a belief they can work better. Once the organization determines that a change is necessary, leaders and managers utilize their resources to effect change throughout the organization. In many cases, modifications are made to the organization’s structures and systems, thus changing its basic operations. In this module, we will focus on the importance of structures and systems and how these systems and structures can be modified to increase the likelihood that change will permeate the organization. Learning Outcomes: Examine how formal organizational structures and systems can foster, impair, and facilitate the change process. Evaluate adaptive organizational structures and systems to increase the likelihood of change and continuous improvement. --------------- The Discussion: ----------------------- Systems and Structures Think of a change you are familiar with. Share the type of organization systems/structures in the organization. Discuss how the existing structures and systems affected the ability of the change leader to bring about the desired change? Were any systems changed to prepare for the change? Did the organizational structures and systems reduce or increase the uncertainty and complexity of the change in the organization? Assignment Requirements: Your well-written paper should meet the following requirements: Length: Your initial post should address all components of the question with 600-650 words limit. Formatting: Follow academic writing standards and APA style guidelines. Sources & Citations: Support your submission with course material concepts, principles, and theories from the textbook, Cite your textbooks and at least Three (3) scholarly, peer-reviewed journal articles. Proper APA citation is required. Originality Check: You are strongly encouraged to check all assignments for originality using Turnitin before submission. Plagiarism Policy: Plagiarism is NOT tolerated. Plagiarism is strictly prohibited. Assignments with more than 15% similarity to existing work will receive a zero. Repeated offenses may lead to termination. Grading Rubric: Review the grading rubric to understand how your assignment will be evaluated. Course Alignment: Ensure your discussion incorporates textbook concepts, principles, and theories, aligning with class lectures and avoiding the use of advanced material not yet covered in the course. Discuss the concepts, principles, and theories from your textbook. Be sure to cite the textbook and use the lectures provided so that the analysis aligns with the material we've covered so far in the course. Required Readings: Chapter 5 in Organizational Change: An Action-Oriented Toolkit Colombo, C. M., & Mella, P. (2021). “Organization”. A multi facet concept. Economia Aziendale Online 2000 Web, 12(4), 487–506. Simpson, A., & Feyerabend, M. (2022). Tug-of-War: the pull of formal institutional practices and structures and the desire for personal change. International Journal of Science & Mathematics Education, 20(1), 149–168. Recommended: Module 06 PowerPoint Presentation Note: I’ve attached the slides for the relevant chapter, grading rubric, and the book below (https://www.dropbox.com/scl/fi/dv3d0j8a714koe9jywe...). Instructor Expectations: Please ensure you dedicate your utmost effort and attention to detail when completing this task. The instructor places a strong emphasis on proper citation and substantive analysis that extends beyond simply answering the questions. Your work should demonstrate depth, originality, and critical thinking by introducing new insights and supporting arguments with thorough research. The instructor maintains high academic standards and expects students to consistently strive for excellence. Your assignment should reflect the following: Comprehensive Use of Sources: Incorporate textbook theories, concepts, and at least three (3) peer-reviewed journal articles to support your analysis. Proper APA citation is essential to demonstrate deep engagement with the material. Substantial Analysis: Move beyond surface-level responses by providing insightful, well-developed arguments. Offer unique perspectives and link theories to practical examples to enhance your discussion. Attention to Detail: Ensure your writing is clear, polished, and well-organized. Adhere to the required page count and APA formatting guidelines. This assignment is not just about fulfilling a requirement—it is an opportunity to showcase academic excellence. Additionally, your performance on this assignment will significantly influence my decision to collaborate with you on future coursework throughout my academic journey. UNFORMATTED ATTACHMENT PREVIEW Chapter 5: Navigating Change Through Formal Structures and Systems Chapter Overview • • • • • This chapter discusses the basics of how organizations structure themselves. It outlines how change leaders can diagnose the strengths and weaknesses of existing systems and structures. It examines how the formal structure and systems can foster, impair and facilitate the acceptance of change initiatives. It lays out ways to manage systems and structures to gain approval for change initiatives. Formal approval, coalitionbuilding and renegade approaches to change are discussed. It reviews ways to develop more adaptive systems and structures to increase the likelihood of continuous improvement. Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 2 How Do Structures and Systems Relate to Change Management? • Existing formal structures and systems need to be understood when assessing the need for change. • Need to understand how Structures and Systems facilitate or hinder change • Need to understand how Structures and Systems can be used to gain approval for change • Need to understand how Structures and Systems can be used to gain acceptance and promote for organizational change • Need to understand how to create more adaptive Structures and Systems Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 3 The Change Path Model Awakening Chapter 4 Mobilization Chapters 5 through 8 • • • Acceleration Chapter 9 • • Making sense of formal systems and structures Assessing their weaknesses and strengths Leveraging them to gain approval Leveraging them to gain acceptance Creating more adaptive systems and structures Institutionalization Chapter 10 Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 4 Making Sense of Organizational Structures and Systems • To what degree are tasks subdivided into separate jobs? Work Differentiation • On what basis are jobs grouped together? Departmentalizati on or Integration • To whom do individuals and groups report? Chain of Command Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 5 Making Sense of Organization Structures and Systems (cont.) • How many individuals report to an individual manager? Span of Control • Where does decisionmaking authority lie? Degree of Centralization vs. Decentralization • To what degree are there rules and regulations to direct employees and managers? Standard Operating Procedures (SOPs) Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 6 Mechanistic vs. Organic Organizational Forms More Mechanistic More Organic Tasks are broken down into separate parts and rigidly defined/assigned Flexible tasks that are adjusted & redefined through teamwork and participation High degree of formalization, strict hierarchy or authority/control, with many rules Little formalization, low reliance on hierarchical authority, more decentralization Narrow span of control with reliance on hierarchies of people in specialized roles Wide span of control Knowledge and control reside with upper management, limited lower-level authority Highly decentralized decision-making authority located throughout organization Communication is vertical (boss/worker relationship) Communication is free-flowing—up, down, and horizontally integrated Simple, straight-forward planning process Sophisticated environmental scanning, planning and forecasting process Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 7 Uncertainty and Complexity and Internal Alignment Stable Environment Dynamic Environment Simple Environment Complex Environment • Centralized, simple mechanistic structure • Use of rules, policies, procedures, and hierarchy • Few departments • Low need for integrating roles • Efficiency and stability focused, little imitation • Centralized structure, more sophisticated information and control systems • Use of rules and policies, procedures and hierarchy, but adapted to the complexity • Many departments, some boundary spanning • Modest need for integrating roles and systems • Some environmental scanning, imitation and planning activity • Decentralized, organic structure, participative and team focused • Fewer rules, policies, procedures • Few departments, much boundary spanning • Few integrating roles • Much environmental scanning, imitation and a strong planning orientation • Decentralized, organic structure, participative and team focused, sophisticated information and control systems • Fewer rules, policies and procedures • Many departments, boundary spanning • Many integrating roles • Extensive environmental scanning, imitation, sophisticated planning and forecasting systems Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 8 Information Processing View of Structure A. Rules and Policies B. Hierarchies Mechanistic Methods C. Goals and Visions D. Slack Resources E. SelfContained Tasks Methods to Lessen the Need to Process Information F. Vertical Information Systems G. Lateral Relations Methods to Increase the Capacity to Process Information Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 9 Information Processing View of Structure (cont.) Strategies to Decrease Information Processing Needs: 1. Addition of Slack Resources 2. Creation of Self-Contained Tasks Information Processing Capacity of Structural Design Choices FIT Organization’s Information Processing Requirements Organizational Effectiveness Vertical Information Strategies to Increase Processing Capacity: 1. Hierarchical Referral (Ask the Boss) 2. Rules, Policies and Plans, including Vision and Goals 3. Increase the Vertical Communication Capacity of Information Systems Horizontal Information Strategies to Increase Processing Capacity: 1. Increase the Horizontal Communication Capacity of the Information Systems 2. Create lateral relations: a. Direct Contact b. Liaison Role c. Task Force d. Formal Teams e. Formal Integrating Roles f. Managerial Linking Roles g. Dual-Authority Relationships Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 10 Formal Structures and Systems (Adapted from Bolman & Deal’s Re-framing Organizations) • There is no one best way to organize • Structural decisions should follow strategic decisions • All structures present leaders with dilemmas they must manage • Once structural choices are made, formal systems and process need to be aligned • Structures shape and impact people’s behavior Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 11 Toolkit Exercise 5.2—Impact of Existing Structures and Systems on the Change Think of a change situation you are familiar with. 1. How did the organization use structures and systems to deal with uncertainty and complexity? Was this effective? 2. How did existing structures and systems affect the ability of the change leader to bring about desired change? a) What systems/structures were involved? b) How did these systems/structures influence what happened? Was this due to how they were formally designed? Or was this related to how they actually came to be used in practice? c) Who influenced how the systems/structures were used and how did this affect the outcomes that ensued? Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 12 How to Develop an Understanding of Structures and Systems? • Follow the paper trail—search available documents. • Ask those who know. • Develop process maps. • Attempt to draw the relevant structures and describe the relevant systems—then check again with those who know to confirm and/or refine Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 13 Three Approaches to Change 1. Using systems and structures to obtain formal approval for change—the traditional, hierarchical approval approach 2. Strategies based on creeping commitment and coalition building 3. Strategies involving simply forging ahead without formal approval—the renegade approach Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 14 Using Structures and Systems to Increase the Probability of Approval • Ask if approval is necessary. Don’t initiate activities that trigger unnecessary formal approval systems • If approval is necessary, show how change is aligned with the organization’s vision and strategy • Use good processes to legitimize the change. Show how benefits of change exceed the costs and risks of doing nothing Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 15 Using Structures and Systems to Increase the Probability of Approval (cont.) • Show how the change will improve system and structural alignment. • Frame the change in ways that increase organization comfort. For example, move in increments by positioning it as a trial. • If time is critical, demonstrate urgency and focus on external pressures for change. Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 16 Using Structures and Systems to Increase the Probability of Approval (cont.) In all cases: • When there is a decision maker you need to influence, identify her/his attitudes to the change and attempt to work with them. • Demonstrate how the change project relates to the strategy or vision of the organization. • Use good existing processes to legitimize the change proposal. Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 17 Positioning Change for Formal Approval • Whose approval do I need? Yes Yes Time Important? Nature of approval process? Do I need approval? No Incremental Small or Major? Big Yes No • Create awareness of crisis, threat or opportunity with approvers. • Show costs & benefits. • Whose approval do I need? • Use existing process • Engage others explain to legitimize cost/benefit & ask approval. • Involve others who will be affected & influential parties Need support? No • Do it yourself • Use existing process to legitimize • Whose approval do I need? • Engage others approach incrementally, studies & pilot tests. • Show costs & benefits and seek approval to proceed • Use process to legitimize Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 18 Toolkit Exercise 5.3—Gaining Approval for the Change Project Consider a change project in an organization you are familiar with. 1. What is the approval process for minor change initiatives? For more major change initiatives? a. If the change requires capital approval, how is this obtained? b. If the project needs dedicated staff, what are the processes for adding people and selecting and developing staff? c. Does the project alter the way work is organized and performed? What systems are used to define jobs, and assess performance? d. Who approves the change? What approval power do they have? 2. Can perceived risks be reduced by the way the change leader stages the project and manages the approval process? Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 19 A Checklist for Change Initiative Approval ? What does the paper trail say about formal structures and systems that have to be considered when leading the change? ? What are key points in the process that we need to be conscious of (e.g., timing of meetings, getting on the agenda, cycle time, types of decision made and where decisions are made)? ? How are the relevant systems and structures interconnected? How do they influence one another? Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 20 A Checklist for Change Initiative Approval (cont.) ? Develop a process map that tracks the change idea from start to finish. • Where does formal authority and decision making lie? • What decision parameters are normally applied and are there zones of discretion available to decision makers? • What are the power and influence patterns around particular systems and structures? Who has direct and indirect influence on how they are applied? • How should the systems and structures be managed to reduce resistance? Can they can be managed to create leverage that will advance the change? Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 21 Mastering the Formal Approval Process The likelihood of gaining formal approval increases when: • You have a well placed sponsor. • You know your audience and their preferences. • Power and influence patterns and the implications of the project for the firm and those involved in the approval process are understood. Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 22 Mastering the Formal Approval Process (cont.) The likelihood of gaining formal approval increases when: • You do your homework with respect to your detailed knowledge of the change project, its scope, objectives, costs, benefits, and risk areas. • Needed approval and support is obtained in advance. • The change project is effectively presented by appropriate individuals. • You have a good sense of timing of when its best to bring it forward. Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 23 Using Creeping Commitment and Coalition Building • Use data, pilot programs, and other incremental system-based approaches to acclimatize organizational members to change ideas. • Know the key stakeholders and their interests. • Coalition building is valuable because of the role such coalitions might play later, during the formal approval process. Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 24 Using Creeping Commitment & Coalition Building (cont.) • Create opportunities for direct involvement that will build interest and support within key groups. • Use the above initiatives to build momentum to move the organization towards adoption. • Coalition building contains risks that need to be managed. • Avoid tactics that seriously harm relationships, diminish your integrity and/or compromise your long-term objectives. Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 25 Bypassing the Formal Approval Process • Assess how systems and structures can be leveraged to advance change without prior approval • Understand your power and authority • Assess whether change is manageable, defensible, and within your scope of authority • Keep key people sufficiently informed to avoid accusations you acted underhandedly • Don’t create unnecessary enemies or use tactics that do long-term damage to your reputation • The renegade approach can be used to generate supportive data, refine the change, and build momentum that is difficult to stop • It is often easier to gain forgiveness than permission Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 26 Using Structures and Systems to Promote Change 1. Look back at the questions raised in Toolkit Exercises 5.2 and 5.3. Could the existing structures and systems have been approached and used differently to advance the desired change? 2. What role could incremental strategies that were nested within existing systems and structures have played? • Would they have really moved the process forward or simply avoided the real changes that needed to be addressed? 3. What role could more revolutionary strategies have played? • Would they produce issues related to their alignment with existing systems and structures? • How would you manage the challenges created by this? Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 27 Using Alignment to Aid Approval and Acceptance • Gaining approval is less daunting when you can show how the change aligns with mission, vision and strategy • Frame changes in ways that show value, and reduce the incongruence with existing structures and systems • Demonstrate there is little to fear, that the level of disruption can be managed, and benefits outweigh costs • Reduce perceived risk by breaking a big change into smaller stages • Don’t assume that approval equals acceptance Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 28 Using Alignment to Aid Approval and Acceptance (cont.) • By minimizing initial incongruence, you can learn, adapt and modify systems and structures as you proceed. Linked incremental changes produce significant long-term effects • Use existing systems and processes, where appropriate, to advance the changes—the way they are used will influence the way the change is perceived • Listen carefully and communicate effectively and empathetically, using formal processes to help in this regard • The involvement of others can facilitate acceptance & approval • Be patient—it takes time to build acceptance and commitment Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 29 Developing More Adaptive Structures and Systems 1. Systematically and deliberately scan the external environment 2. Have a shared perception of the gap between the current and desired level of performance 3. Have a concern for measurement of performance 4. Develop an experimental mindset where people try new things 5. Create an organizational climate of openness and accessibility Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 30 Developing More Adaptive Structures and Systems (cont.) 6. Engage in continuous education at all organizational levels 7. Use a variety of methods, appreciate diversity and take a pluralistic view of competencies 8. Have multiple individuals who act as advocates for new ideas and methods 9. Have an involved, engaged leadership 10. Recognize the interdependence of units and have a systems’ perspective Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 31 Summary • We investigated formal systems and structures to see how they influence change and how they can be worked to advance change. • We explored systems and structures related to the approval process and how to work with, through, and around them. • We explored how formal systems and structures can be used to advance acceptance of the change. • We addressed the desirability of adaptive change in formal systems and structures. Deszca, Ingols & Cawsey, Organizational Change: An Action-Oriented Toolkit, 4th ed.. © 2020 SAGE Pub. 32 7/5/23, 11:31 AM Operations Management Name Discussion 25 Description 25 points Rubric Detail Levels of Achievement Criteria Exceeds Expectations Meets Expectation Some Expectations Unsatisfactory Quantity 5 to 6 points 3 to 4 points 1 to 2 points 0 to 0 points Initial post and two other posts of substance. Initial post and one other post of substance. Initial post only. Did not participate. 5 to 6 points 3 to 4 points 1 to 2 points 0 to 0 points Demonstrates excellent knowledge of concepts, skills, and theories relevant to the topic. Demonstrates knowledge of concepts, skills, and theories. Demonstrates satisfactory knowledge of concepts, skills, and theories. Did not participate. 5 to 6 points 3 to 4 points 1 to 2 points 0 to 0 points Discussion post(s) exceed expectations in terms of support provided and extend the discussion. Discussion post(s) meet expectations in terms of support provided. Statements are satisfactory in terms of support provided. Did not participate. 6 to 7 points 4 to 5 points 1 to 2 points 0 to 0 points Writing is well organized, clear, concise, and focused; no errors. Some significant but not major errors or omissions in writing organization, focus, and clarity. Numerous significant errors or omissions in writing organization, focus, and clarity. Did not participate. Content Support Writing View Associated Items https://lms.seu.edu.sa/webapps/rubric/do/course/manageRubrics?dispatch=view&context=course&rubricId=_77298_1&course_id=_39832_1 1/2 7/5/23, 11:31 AM Operations Management Print Close Window https://lms.seu.edu.sa/webapps/rubric/do/course/manageRubrics?dispatch=view&context=course&rubricId=_77298_1&course_id=_39832_1 2/2

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given the constraint Make sure other portions of the process are supportive of ...

given the constraint Make sure other portions of the process are supportive of the constraint Explore and evaluate ways to overcome the constraint Repeat the process until the constraint levels are at acceptable levels LO 5.7 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-30 ? Alternatives should be evaluated from varying perspectives ? Economic ? Is it economically feasible? ? How much will it cost? ? How soon can we have it? ? What will operating and maintenance costs be? ? What will its useful life be? ? Will it be compatible with present personnel and present operations? ? Non-economic ? Public opinion LO 5.8 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-31 ? Techniques for Evaluating Alternatives ? Cost-volume analysis ? Financial analysis ? Decision theory ? Waiting-line analysis ? Simulation LO 5.8 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-32 ? Cost-volume analysis ? Focuses on the relationship between cost

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Description I need help completing a discussion board post for my Management co ...

Description I need help completing a discussion board post for my Management course (Operation Management). Below are the exact requirements provided by my instructor: Description: In this module, you will learn about the mathematical properties of reliability and the nature of decision theory as it relates to the operation of an organization. While there is some math in this module, it is no more difficult than adding, subtracting, multiplying, and dividing. The results of those calculations provide powerful insight to the reliability of processes to deliver the best solution. Learning Outcomes: Evaluate the impact of product reliability on the decision-making process of operations management. Differentiate the environments under which operations decisions are made. Analyze the techniques that apply to decision making under uncertainty. Argue how capacity planning impacts customers’ satisfaction. --------------- The Discussion: ----------------------- Capacity Planning Discuss the importance of capacity planning in deciding the number of police officers on duty at any given time. How does capacity decisions influence productivity? Give an example. ------------------------------------------------------------ Assignment Requirements: Your well-written paper should meet the following requirements: Length: Your initial post should address all components of the question with 600-650 words limit. Formatting: Follow academic writing standards and APA style guidelines. Sources & Citations: Support your submission with course material concepts, principles, and theories from the textbook and at least Three (3) scholarly, peer-reviewed journal articles. Proper APA citation is required. Originality Check: You are strongly encouraged to check all assignments for originality using Turnitin before submission. Plagiarism Policy: Plagiarism is NOT tolerated. Plagiarism is strictly prohibited. Assignments with more than 15% similarity to existing work will receive a zero. Repeated offenses may lead to termination. Grading Rubric: Review the grading rubric to understand how your assignment will be evaluated. Course Alignment: Ensure your discussion incorporates textbook concepts, principles, and theories, aligning with class lectures and avoiding the use of advanced material not yet covered in the course. Discuss the concepts, principles, and theories from your textbook. Be sure to cite the textbook and use the lectures provided so that the analysis aligns with the material we've covered so far in the course. Required Readings: Chapters 5 & 5S Decision Theory in Operations Management Liao, S., & Liu, Z., (2022). Enterprise financial influencing factors and early warning based on decision model tree. Scientific Programming,2022, 1-8. https://csuglobal.idm.oclc.org/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=154756761&site=eds-live Mu, Z., Li, J., Zhang, X., Zhang, G., Li, J., & Wei, H. (2024). Reliability Growth Method for Electromechanical Products Based on Organizational Reliability Capability Evaluation and Decision-Making. Mathematics, 12(23), 3754. https://doi.org/10.3390/math12233754 Recommended: Dai, D., Wu, X., Si, F., Feng, Z., & Chu, W. (2023). The impact of tariff policies on vaccine supply chains: short-term and evolutionary game behaviors based on uncertain utility. Applied Mathematical Modelling, 115, 754–777. https://doi.org/10.1016/j.apm.2022.11.017 Note: I’ve attached the slides for the relevant chapter, grading rubric, and the book (https://www.dropbox.com/scl/fi/10efj01b5l2avuyn4n8ih/Operations-management.-14th-ed.-.-McGraw-Hill-Stevenson-W.-J.-14-2021-Mcgraw-Hill-9781260238891.pdf?rlkey=uyb0ukyt4ryrugfn5swrv0kr8&st=vd59j2bj&dl=0). Instructor Expectations: Please ensure you dedicate your utmost effort and attention to detail when completing this task. The instructor places a strong emphasis on proper citation and substantive analysis that extends beyond simply answering the questions. Your work should demonstrate depth, originality, and critical thinking by introducing new insights and supporting arguments with thorough research. The instructor maintains high academic standards and expects students to consistently strive for excellence. Your assignment should reflect the following: Comprehensive Use of Sources: Incorporate textbook theories, concepts, and at least three (3) peer-reviewed journal articles to support your analysis. Proper APA citation is essential to demonstrate deep engagement with the material. Substantial Analysis: Move beyond surface-level responses by providing insightful, well-developed arguments. Offer unique perspectives and link theories to practical examples to enhance your discussion. Attention to Detail: Ensure your writing is clear, polished, and well-organized. Adhere to the required page count and APA formatting guidelines. This assignment is not just about fulfilling a requirement—it is an opportunity to showcase academic excellence. Additionally, your performance on this assignment will significantly influence my decision to collaborate with you on future coursework throughout my academic journey. UNFORMATTED ATTACHMENT PREVIEW 7/5/23, 11:31 AM Operations Management Name Discussion 25 Description 25 points Rubric Detail Levels of Achievement Criteria Exceeds Expectations Meets Expectation Some Expectations Unsatisfactory Quantity 5 to 6 points 3 to 4 points 1 to 2 points 0 to 0 points Initial post and two other posts of substance. Initial post and one other post of substance. Initial post only. Did not participate. 5 to 6 points 3 to 4 points 1 to 2 points 0 to 0 points Demonstrates excellent knowledge of concepts, skills, and theories relevant to the topic. Demonstrates knowledge of concepts, skills, and theories. Demonstrates satisfactory knowledge of concepts, skills, and theories. Did not participate. 5 to 6 points 3 to 4 points 1 to 2 points 0 to 0 points Discussion post(s) exceed expectations in terms of support provided and extend the discussion. Discussion post(s) meet expectations in terms of support provided. Statements are satisfactory in terms of support provided. Did not participate. 6 to 7 points 4 to 5 points 1 to 2 points 0 to 0 points Writing is well organized, clear, concise, and focused; no errors. Some significant but not major errors or omissions in writing organization, focus, and clarity. Numerous significant errors or omissions in writing organization, focus, and clarity. Did not participate. Content Support Writing View Associated Items https://lms.seu.edu.sa/webapps/rubric/do/course/manageRubrics?dispatch=view&context=course&rubricId=_77298_1&course_id=_39832_1 1/2 7/5/23, 11:31 AM Operations Management Print Close Window https://lms.seu.edu.sa/webapps/rubric/do/course/manageRubrics?dispatch=view&context=course&rubricId=_77298_1&course_id=_39832_1 2/2 Decision Theory Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior 5s-1 written consent of McGraw-Hill Education. You should be able to: LO 5s.1 LO 5s.2 LO 5s.3 LO 5s.4 LO 5s.5 LO 5s.6 LO 5s.7 Outline the steps in the decision process Name some causes of poor decisions Describe and use techniques that apply to decision making under uncertainty Describe and use the expected-value approach Construct a decision tree and use it to analyze a problem Compute the expected value of perfect information Conduct sensitivity analysis on a simple decision problem Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-2 ? A general approach to decision making that is suitable to a wide range of operations management decisions ? Capacity planning ? Product and service design ? Equipment selection ? Location planning LO 5s.1 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-3 ? Characteristics of decisions that are suitable for using decision theory ? A set of possible future conditions that will have a bearing on the results of the decision ? A list of alternatives from which to choose ? A known payoff for each alternative under each possible future condition LO 5s.1 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-4 1. 2. 3. 4. 5. Identify the possible future states of nature Develop a list of possible alternatives Estimate the payoff for each alternative for each possible future state of nature If possible, estimate the likelihood of each possible future state of nature Evaluate alternatives according to some decision criterion and select the best alternative LO 5s.1 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-5 ? A table showing the expected payoffs for each alternative in every possible state of nature Possible Future Demand Alternatives Low Moderate High Small facility $10 $10 $10 Medium facility 7 12 12 Large Facility (4) 2 16 • A decision is being made concerning which size facility should be constructed • The present value (in millions) for each alternative under each state of nature is expressed in the body of the above payoff table LO 5s.1 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-6 ? Steps: 1. Identify the problem 2. Specify objectives and criteria for a solution 3. Develop suitable alternatives 4. Analyze and compare alternatives 5. Select the best alternative 6. Implement the solution 7. Monitor to see that the desired result is achieved LO 5s.1 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-7 ? Decisions occasionally turn out poorly due to unforeseeable circumstances; however, this is not the norm ? More frequently poor decisions are the result of a combination of ? Mistakes in the decision process ? Bounded rationality ? Suboptimization LO 5s.2 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-8 ? Errors in the Decision Process ? Failure to recognize the importance of each step ? Skipping a step ? Failure to complete a step before jumping to the next step ? Failure to admit mistakes ? Inability to make a decision LO 5s.2 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-9 ? Bounded rationality ? The limitations on decision making caused by costs, human abilities, time, technology, and availability of information ? Suboptimization ? The results of different departments each attempting to reach a solution that is optimum for that department LO 5s.2 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-10 ? There are three general environment categories: ? Certainty ? Environment in which relevant parameters have known values ? Risk ? Environment in which certain future events have probabilistic outcomes ? Uncertainty ? Environment in which it is impossible to assess the likelihood of various possible future events LO 5s.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-11 ? Sometimes we know the exact outcome or environment. Under those situations, making a decision is easy. For example, if Investment 1 gives a return of 3.4% and Investment 2 gives a return of 5.6%, then we know what to do. ? Uncertainty comes when there is a risk involved, for instance, Investment 1 could be the return on a CD which is guaranteed, but Investment 2 could be a mutual fund whose returned can’t be guaranteed. LO 5s.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-12 ? Decisions are sometimes made under complete uncertainty: No information is available on how likely the various states of nature are. ? Decision criteria: ? Maximin ? Choose the alternative with the best of the worst possible payoffs ? Maximax ? Choose the alternative with the best possible payoff ? Laplace ? Choose the alternative with the best average payoff ? Minimax regret ? Choose the alternative that has the least of the worst regrets LO 5s.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-13 Possible Future Demand Alternatives Low Moderate High Small Facility $10 $10 $10 Medium Facility 7 12 12 Large Facility (4) 2 16 •The worst payoff for each alternative is Small facility: $10 million Medium facility $7 million Large facility -$4 million •Choose to construct a small facility LO 5s.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-14 Possible Future Demand Alternatives Low Moderate High Small Facility $10 $10 $10 Medium Facility 7 12 12 Large Facility (4) 2 16 •The best payoff for each alternative is Small facility: $10 million Medium facility $12 million Large facility $16 million •Choose to construct a large facility LO 5s.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-15 Possible Future Demand Alternatives Low Moderate High Small Facility $10 $10 $10 Medium Facility 7 12 12 Large Facility (4) 2 16 •The average payoff for each alternative is Small facility: (10 + 10 + 10) ÷ 3 = $10 million Medium facility (7 + 12 + 12) ÷ 3 = $10.33 million Large facility (?4 + 2 + 16) ÷ 3 = $4.67 million •Choose to construct a medium facility LO 5s.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-16 Possible Future Demand Alternatives Low Moderate High Small Facility $10 $10 $10 Medium Facility 7 12 12 Large Facility (4) 2 16 •Construct a regret (or opportunity loss) table •The difference between a given payoff and the best payoff for a state of nature Regrets LO 5s.3 Alternatives Low Moderate High Small Facility $0 $2 $6 Medium Facility 3 0 4 Large Facility 14 10 0 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-17 Regrets Alternatives Low Moderate High Small Facility $0 $2 $6 Medium Facility 3 0 4 Large Facility 14 10 0 •Identify the worst regret for each alternative •Small facility $6 million •Medium facility $4 million •Large facility $14 million •Select the alternative with the minimum of the maximum regrets •Build a medium facility LO 5s.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-18 ? Decisions made under the condition that the probability of occurrence for each state of nature can be estimated ? A widely applied criterion is expected monetary value (EMV) ? EMV ? Determine the expected payoff of each alternative, and choose the alternative that has the best expected payoff ? This approach is most appropriate when the decision maker is neither risk averse nor risk seeking LO 5s.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-19 Possible Future Demand Alternatives Low (.30) Moderate (.50) High (.20) Small Facility $10 $10 $10 Medium Facility 7 12 12 Large Facility (4) 2 16 EMVsmall = .30(10) +.50(10) +.20(10) = 10 EMVmedium = .30(7) + .50(12) + .20(12) = 10.5 EMVlarge = .30(-4) + .50(2) + .20(16) = $3 Build a medium facility LO 5s.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-20 ? Decision tree ? A schematic representation of the available alternatives and their possible consequences ? Useful for analyzing sequential decisions LO 5s.5 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-21 ? Composed of ? Nodes ? Decisions – represented by square nodes ? Chance events – represented by circular nodes ? Branches ? Alternatives – branches leaving a square node ? Chance events – branches leaving a circular node ? Analyze from right to left ? For each decision, choose the alternative that will yield the greatest return ? If chance events follow a decision, choose the alternative that has the highest expected monetary value (or lowest expected cost) LO 5s.5 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-22 ? A manager must decide on the size of a video arcade to construct. The manager has narrowed the choices to two: large or small. Information has been collected on payoffs, and a decision tree has been constructed. Analyze the decision tree and determine which initial alternative (build small or build large) should be chosen in order to maximize expected monetary value. $40 $40 2 Overtime $50 $55 1 ($10) 2 $50 $70 LO 5s.5 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-23 $40 $40 2 Overtime $50 $55 1 ($10) 2 $50 $70 EVSmall = .4(40) + .6(55) = $49 EVLarge = .4(50) + .6(70) = $62 Build the large facility LO 5s.5 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-24 ? Expected value of perfect information (EVPI) ? The difference between the expected payoff with perfect information and the expected payoff under risk ? Two methods for calculating EVPI ? EVPI = expected payoff under certainty – expected payoff under risk ? EVPI = minimum expected regret LO 5s.6 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-25 Possible Future Demand Alternatives Low (.30) Moderate (.50) High (.20) Small Facility $10 $10 $10 Medium Facility 7 12 12 Large Facility (4) 2 16 EVwith perfect information = .30(10) + .50(12) + .20(16) = $12.2 EMV = $10.5 EVPI = EVwith perfect information – EMV = $12.2 – 10.5 = $1.7 You would be willing to spend up to $1.7 million to obtain perfect information LO 5s.6 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-26 Regrets Alternatives Low (.30) Moderate (.50) High (.20) Small Facility $0 $2 $6 Medium Facility 3 0 4 Large Facility 14 10 0 • Expected Opportunity Loss • EOLSmall = .30(0) + .50(2) + .20(6) = $2.2 • EOLMedium = .30(3) + .50(0) + .20(4) = $1.7 • EOLLarge = .30(14) + .50(10) + .20(0) = $9.2 • The minimum EOL is associated with the building the medium size facility. This is equal to the EVPI, $1.7 million. LO 5s.6 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-27 ? Sensitivity analysis ? Determining the range of probability for which an alternative has the best expected payoff ? The approach illustrated is useful when there are two states of nature ? It involves constructing a graph and then using algebra to determine a range of probabilities over which a given solution is best LO 5s.7 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-28 State of Nature Alternative #1 #2 Slope Equation A 4 12 12 – 4 = +8 4 + 8P(2) B 16 2 2 – 16 = ?14 16 – 14P(2) C 12 8 8 ? 12 = ?4 12 – 4P(2) LO 5s.7 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-29 16 ? 14P(2) = 12 ? 4P(2) Rearranging terms yields 4 = 10P(2) Solving yields P(2) = .40. Thus, alternative B is best from P(2) = 0 up to P(2) = .40. B and C are equivalent at P(2) = .40. Similar analysis can be used for alternative A and C 4 + 8P(2) = 12 ? 4P(2 ) Solving yields P(2) = .67. Thus, alternative C is best from P(2) > .40 up to P(2) = .67, where A and C are equivalent. For values of P(2) greater than .67 up to P(2) = 1.0, A is best. LO 5s.7 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5s-30 Strategic Capacity Planning for Products and Services Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-1 You should be able to: LO 5.1 Name the three key questions in capacity planning LO 5.2 Explain the importance of capacity planning LO 5.3 Describe ways of defining and measuring capacity LO 5.4 Name several determinants of effective capacity LO 5.5 Discuss factors to consider when deciding whether to perform in-house or outsource LO 5.6 Discuss the major considerations related to developing capacity alternatives LO 5.7 Describe the steps used to resolve constraint issues LO 5.8Copyright ©2021 McGraw-Hill Briefly describe approaches that are useful for Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. evaluating capacity alternatives 5-2 ? Capacity ? The upper limit or ceiling on the load that an operating unit can handle ? Capacity needs include ? Equipment ? Space ? Employee skills LO 5.1 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-3 ? Goal ? To achieve a match between the long-term supply capabilities of an organization and the predicted level of long-term demand ? Overcapacity ? operating costs that are too high ? Undercapacity ? strained resources and possible loss of customers LO 5.1 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-4 ? Key questions: ? What kind of capacity is needed? ? How much is needed to match demand? ? When is it needed? ? Related questions: ? How much will it cost? ? What are the potential benefits and risks? ? Are there sustainability issues? ? Should capacity be changed all at once, or through several smaller changes? ? Can the supply chain handle the necessary changes? LO 5.1 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-5 ? Capacity decisions 1. Impact the ability of the organization to meet future demands 2. Affect operating costs 3. Are a major determinant of initial cost 4. Often involve long-term commitment of resources 5. Can affect competitiveness 6. Affect the ease of management 7. Have become more important and complex due to globalization 8. Need to be planned for in advance due to their consumption of financial and other resources LO 5.2 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-6 ? Measure capacity in units that do not require updating ? Why is measuring capacity in dollars problematic? ? Two useful definitions of capacity ? Design capacity ? The maximum output rate or service capacity an operation, process, or facility is designed for ? Effective capacity ? Design capacity minus allowances such as personal time and maintenance LO 5.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-7 Business Inputs Outputs Auto manufacturing Labor hours, machine hours Number of cars per shift Steel mill Furnace size Tons of steel per day Oil refinery Refinery size Number of acres, number of cows Gallons of fuel per day Bushels of grain per acre per year, gallons of milk per day Restaurant Number of tables, seating capacity Theater Number of seats Number of meals served per day Number of tickets sold per performance Retail sales Square feet of floor space Farming Revenue generated per day TABLE 5.1 Measures of capacity LO 5.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-8 ? Actual output ? The rate of output actually achieved ? It cannot exceed effective capacity ? Efficiency actual output Efficiency = effective capacity ? Utilization actual output Utilizatio n = design capacity Measured as percentages LO 5.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-9 ? Design Capacity = 50 trucks per day ? Effective Capacity = 40 trucks per day ? Actual Output = 36 trucks per day actual output 36 Efficiency = = = 90% effective capacity 40 actual output 36 Utilizatio n = = = 72% design capacity 50 LO 5.3 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-10 ? Facilities ? Product and service factors ? Process factors ? Human factors ? Policy factors ? Operational factors ? Supply chain factors ? External factors LO 5.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-11 TABLE 5.2 Factors that determine effective capacity LO 5.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-12 ? Strategies are typically based on assumptions and predictions about: ? Long-term demand patterns ? Technological change ? Competitor behavior LO 5.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-13 ? Leading ? Build capacity in anticipation of future demand increases ? Following ? Build capacity when demand exceeds current capacity ? Tracking ? Similar to the following strategy, but adds capacity in relatively small increments to keep pace with increasing demand LO 5.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-14 ? Capacity cushion ? Extra capacity used to offset demand uncertainty ? Capacity cushion = 100% ? utilization ? Capacity cushion strategy ? Organizations that have greater demand uncertainty typically have greater capacity cushions ? Organizations that have standard products and services generally have smaller capacity cushions LO 5.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-15 1. Estimate future capacity requirements 2. Evaluate existing capacity and facilities; identify gaps 3. Identify alternatives for meeting requirements 4. Conduct financial analyses 5. Assess key qualitative issues 6. Select the best alternative for the long term 7. Implement alternative chosen 8. Monitor results LO 5.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-16 ? Long-term considerations relate to overall level of capacity requirements ? Require forecasting demand over a time horizon and converting those needs into capacity requirements ? Short-term considerations relate to probable variations in capacity requirements ? Less concerned with cycles and trends than with seasonal variations and other variations from average LO 5.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-17 ? Calculating processing requirements requires reasonably accurate demand forecasts, standard processing times, and available work time k ?pD N R = i =1 i i T where N R = number of required machines pi = standard processing time for product i Di = demand for product i during the planning horizon T = processing time available during the planning horizon LO 5.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-18 ? Service capacity planning can present a number of challenges related to: ? The need to be near customers ? Convenience ? The inability to store services ? Cannot store services for consumption later ? The degree of demand volatility ? Volume and timing of demand ? Time required to service individual customers LO 5.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-19 ? Strategies used to offset capacity limitations and that are intended to achieve a closer match between supply and demand ? Pricing ? Promotions ? Discounts ? Other tactics to shift demand from peak periods into slow periods LO 5.4 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-20 ? Once capacity requirements are determined, the organization must decide whether to produce a good or service itself or outsource ? Factors to consider: ? Available capacity ? Expertise ? Quality considerations ? The nature of demand ? Cost ? Risks LO 5.5 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-21 ? Things that can be done to enhance capacity management: ? Design flexibility into systems ? Take stage of life cycle into account ? Take a “big-picture” approach to capacity changes ? Prepare to deal with capacity “chunks” ? Attempt to smooth capacity requirements ? Identify the optimal operating level ? Choose a strategy if expansion is involved LO 5.6 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-22 ? An operation in a sequence of operations whose capacity is lower than that of the other operations LO 5.6 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-23 Average cost per unit Minimum cost Optimal Output rate LO 5.6 Rate of output Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-24 ? Economies of scale ? If output rate is less than the optimal level, increasing the output rate results in decreasing average per unit costs ? Diseconomies of scale ? If the output rate is more than the optimal level, increasing the output rate results in increasing average costs per unit LO 5.6 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-25 ? Economies of scale ? If output rate is less than the optimal level, increasing the output rate results in decreasing average per unit costs ? Reasons for economies of scale: ? Fixed costs are spread over a larger number of units ? Construction costs increase at a decreasing rate as facility size increases ? Processing costs decrease due to standardization LO 5.6 Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-26 ? Diseconomies of scale ? If the output rate is more than the optimal level, increasing the outpu

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Description UNFORMATTED ATTACHMENT PREVIEW AAAS 3200 Week 5 Reflection Prompt T ...

Description UNFORMATTED ATTACHMENT PREVIEW AAAS 3200 Week 5 Reflection Prompt This week, we will discuss the South Korean Democracy Movement. Your task for this reflection paper is not to summarize the articles but to analyze and reflect on their arguments. Readings • • • Shin, Chang, Lee, and Kim, “The South Korean Democracy Movement” Headquarters of the Citizens’ Movement to Obtain a Democratic Constitution, “June 10 is a Day of Action” Students of Seoul National University, “Declaration to Protect the Working Minjung & Right to Livelihood” Prompt • • • How do the two primary sources (“June 10 is a Day of Action” and “Declaration to Protect the Working Minjung & Right to Livelihood”) frame the problem of political reform? What kinds of freedoms or rights do they demand? How do the students link democratization to worker rights? How does Shin, Chang, Lee, and Kim help place these documents in the larger context of the South Korean Democracy Movement? Requirements • • • • • 1–2 pages (Times New Roman, 12, double-spaced) Submit as PDF or Word (.doc/.docx) file Grading: Satisfactory (100%) / Unsatisfactory (80%) / No Credit You must write five of seven reflection essays during the semester Due on Sunday, September 21 at 5:00 PM on the course website Grading • • Satisfactory (100%) –Directly engages the readings, answers all questions in the prompt, meets length, and is written clearly. Unsatisfactory (80%) – May include one or more of the following: o Does not answer all prompt questions o Relies on outside information rather than the assigned readings to answer questions • o Contains excessive grammatical or spelling errors that make the paper difficult to read No Credit (0%) – Not submitted or minimal engagement with the readings

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