Week 1: Homework Assignment

• After reading the chapters, answer the following questions completely.
• Please label the chapter and number for each of your answers.
• This is very important so that I understand which questions you are responding to.

***Also, be sure to SHOW ALL WORK for each problem.

Chapter One-

Discussion Question #1: Why would one study Operations Management?

Problem #1.1: John Lucy makes wooden boxes in which to ship motorcycles. John and his three employees invest a total of 40 hours per day making the 120 boxes.

1. What is their productivity?
2. John and his employees have discussed redesigning the process to improve efficiency. What would be their new productivity if they can increase the rate to 125 boxes per day?
3. What will be their unit increase in productivity per hour?
4. What will be their percentage change in productivity?

Chapter Two -

Discussion Question #1: Based on the descriptions and analyses in this chapter, would Boeing be better described as a global firm or a transnational firm? Discuss.

Discussion Question #6: Describe how an organizations mission and strategy have different purposes.

Chapter Three -

Discussion Question #1: Give an example of a situation in which project management is needed.

Discussion Question #3: What are three phases involved in the management of a large project?

Chapter Four

Discussion Question #1: What is a qualitative forecasting model, and when is its use appropriate?

Discussion Question #2: Identity and briefly describe the two general forecasting approaches.

Discussion Question #4: Briefly describe the steps that are used to develop a forecasting system.