MGMT 4043: Individual Strategic Supply Chain Assignment Your Role: Congratulations! You are on the verge of starting up a company. A very exciting time indeed! As the CEO and president of the company, you find yourself very busy and consumed by product and service development. Often, supply chain development is not considered at the start of the process however you quickly realize, after enrolling in MGMT4043, that your company’s supply chain may be responsible for up to 80% of your expenditures and any error in supply chain management, may quickly erode any profit your company may earn. In fact, mismanagement for your supply chain, may even force your company into bankruptcy and closure. You Task: Taking into consideration your company/potential company/idea for a company as a case study, provide an analyse of your company as it relates to supply chain. Using the “How to Analyze a Case” as a framework for your paper, you are required to assess, recommend and develop a supply chain strategy specific to your company or idea. The following are decision areas, as taken…
MGMT 4043: Individual Strategic Supply Chain Assignment Your Role: Congratulations! You are on the verge of starting up a company. A very exciting time indeed! As the CEO and president of the company, you find yourself very busy and consumed by product and service development. Often, supply chain development is not considered at the start of the process however you quickly realize, after enrolling in MGMT4043, that your company’s supply chain may be responsible for up to 80% of your expenditures and any error in supply chain management, may quickly erode any profit your company may earn. In fact, mismanagement for your supply chain, may even force your company into bankruptcy and closure. You Task: Taking into consideration your company/potential company/idea for a company as a case study, provide an analyse of your company as it relates to supply chain. Using the “How to Analyze a Case” as a framework for your paper, you are required to assess, recommend and develop a supply chain strategy specific to your company or idea. The following are decision areas, as taken…
Buying a home Part 1 Assumptions: USD Cost of house 300000 Deed Tax 4% Stamp Tax 0.05% Transfer Tax 0.50% Deposit 30% of purchase cost Repayment Period 20 Months reducing balance Loan Interest ® 4.05% Purchase cost = cost of house + Deed Tax + Stamp Tax + Transfer Tax Purchase cost = 300,000 + (4%*300,000) + (0.05%*300,000) + (0.5% * 300,000) Total Purchase costs = 313650 Deposit = 30%*300,000 = 90000 Balance after deposit = Total purchase costs – deposit Balance after deposit = 313650 – 90000 = 223650 Installment = Loan Amount /((1-(1+r)^-n)/r) Installment = Loan Amount /((1-(1+r)^-n)/r) = 16529.502 Loan Repayment Schedule Month Loan at Start Installment Interest Principal Loan at End 1 223,650.00 16,529.50 9,057.83 7,471.68 216,178.32 2 216,178.32 16,529.50 8,755.22 7,774.28 208,404.04 3 208,404.04 16,529.50 8,440.36 8,089.14 200,314.91 4 200,314.91 16,529.50 8,112.75 8,416.75 191,898.16 5 191,898.16 16,529.50 7,771.88 8,757.63 183,140.53 6 183,140.53 16,529.50 7,417.19 9,112.31 174,028.22 7 174,028.22 16,529.50 7,048.14 9,481.36 164,546.86 8 164,546.86 16,529.50 6,664.15 9,865.35 154,681.51 9 154,681.51 16,529.50 6,264.60 10,264.90 144,416.61 10 144,416.61 16,529.50 5,848.87 10,680.63 133,735.98 11 133,735.98 16,529.50 5,416.31 11,113.19…
Cognitive biases test Page 1 of 4: Background This test is based on a variety of studies from cognitive science and behavioral economics, with a particular emphasis on cognitive biases. Cognitive biases are known human tendencies that can lead to bad judgment, self-defeating decisions, and irrational beliefs. Fortunately, you can learn to make better decisions by honing your skills. At the end of this report we’ll point you to free resources that can help you improve your decision-making weaknesses and expand upon your strengths. Please note: rationality and IQ are not the same. Even people of exceptionally high IQ are routinely affected by cognitive biases, and fall for common decision-making traps. Your Results First, let’s take a look at your across-the-board results. We’ll get to your specific strengths and weaknesses in a moment. Your reasoning style is: Most Free Spirits like to seek out new experiences; they prefer to enjoy these experience on an emotional level without poring over or analyzing them. They tend to enjoy the more colorful and artistic parts of everyday life. Approximately 21% of the populace…
Human Resources and Staffing Crisis at Blumberg’s Nursing Home a) Immediate Staffing Needs at BNH As three members of the staff were terminated, BNH needs to fill these open positions, which include a Director of Nursing, a receptionist, and a dietary aide. In order of urgency, the Director of Nursing needs to be the first position to be filled because, firstly, the interim director of Nursing is not a registered nurse; hence BNH is not in compliance with the law. As a result, if they were found out, it could lead to penalties or a shutdown. Furthermore, registered nurses are trained to do various roles, which in this case, would be useful in filling in for the other two unfilled positions. For example, in a general context, registered nurses perform functions such as assessing and documenting health status, telephone triage, management of hospital transition, and staff supervision (Smolowitz et al. 2015). Hence, with experience in conducting these roles, the registered nurse can be able to fill in for a receptionist and the dietary aide as they would be able to…
Nutrition in the development and wellness during the four stages of the life cycle Food is a central component in life. It offers the raw materials that are essential in the maintenance and growth. All people need the basic nutrients in food: carbohydrates, essential amino acids, vitamins, minerals and essential fatty acids to sustain their health (Grosvenor & Smolin, 2018). However, as per various studies, the amounts of nutrients needed differ as an individual passes from one stage of human life to the next. The choices people make on the foods they consume impact their health, with short-term effects such as constipation and excessive weight gain and long-term consequences, which primarily relate to cardiovascular diseases and obesity. Nutritional choices are crucial throughout a person’s life; infancy, childhood, youth and adulthood. Infancy Nutritionists consider breast milk to be a perfect food for infants (from birth to 12 months). Breastfeeding is preferred as the ideal form of nourishment for developing infants as it is easily adaptable, convenient, antibacterial, economical, and protective (Grosvenor & Smolin, 2018). The early milk from nursing mothers known…
Disaster Response Preparedness Name Institution Date Policies and Procedural Failures during Hurricane Katrina The hurricane occurred three years after the formation of DHS (Department of Homeland security). DHS’s attention to Katrina was heightened and had even come up with a response plan. But despite the fact that DHS had a National Response Plan and that it anticipated the Katrina, response to the disaster was a total failure (Moynihan, 2009). Responders and even the government failed to convert the available information into an actionable response plan. Additionally, the response to the disaster was weakened by the dispersed nature of authority in the USA. Institutional capacities for managing similar disasters were inadequate at almost all government levels. For instance, the Bush administration had weakened the FEMA (Federal Emergency Management Agency). The DHS had also not been tested, and it was not sure of how to deploy its resources and authority. Instead of perceiving Katrina as a matter of national significance, the DHS leadership responded to it like any other natural…
Best and worst innovations Name Institution affiliated Best and worst innovations One of the products that have the most potentials is the second-generation zipline, delivery drones. E-commerce has picked up very fast in the past few years, and delivery drones are going to replace track drivers. Currently, brick-and-mortar stores are on the verge of vanishing, and I think delivery drones will make people’s lives even more comfortable. I also believe Thor ET-One, an electric semi-truck, is on the list of some of the most promising products. Some cities already have electric cars on their roads, and the next few years will most certainly witness a buzz towards electric vehicles. With climate change looming in, the world will turn to electric cars for answers. Wind power for homes, the Semtive Nemoi Wind Turbine system, is also among products with the most potential. Some homes are already using solar power for basic electricity needs, and I think wind power will come in…
Summary of “COVID-19 Upends American Religious Life” by Trevor Bach Trevor Bach, in his article “COVID-19 Upends Amerian Religious Life,” published in U.S. News, explores the reaction of religious outfits around the U.S. amidst the growing concerns of coronavirus in the country. According to Trevor (2020), the Corona Virus epidemic has significantly impacted dozens of religious institutions like churches, mosques, and synagogues, which are now being shut down under the directives of relevant authorities. The few institutions that are still operational have implemented various new procedures, like the elbow greetings and elimination of food sharing, to reduce the possible risk of contracting the virus. Besides, the author also notes that some critical religious events like the upcoming Christian Easter Holiday, Jews Passover, Hindus Holi festival, and Ramadan prayers are in question whether they will be celebrated or not. Additionally, the article addresses the cultural conflict of the need for religious institutions to continue providing worship services, which religious leaders argue that is an essential source of comfort during this time of crisis. To provide comfort while keeping believers safe, religious…
Banham’s new vision of architecture Reading 1: Architecture Culture 1943 – 1968 Banham’s new vision of architecture played a major role in influencing architectural designs and perspectives during the postwar period. With his diversion of perspective, he further diverted from the Smithson’s regressive work. However, Banham was quick to validate that a home is not a house and that perhaps just a body to conceal the complexities inside. While architecture is viewed as a platform to showcase art and culture, it is ideally facing a threat, particularly in American architecture. This is vivid by what Mr. Banham calls mechanical invasion. The `outer shell ` is negligibly plain while the insides get a classy look from trendy newly invented faucets, sinks, and the likes. Conkins notes that, just like most shells, the American shell lacks an effective heat barrier system. As Americans were so eager to distinguish between different spaces with the house, thus introducing partitions, Europeans were adamant is maintaining and upholding the aesthetic of architecture. Priding in their handy appliances that suit the ever-changing lifestyle of mankind, American architects…