CASE E HAZEL Hazel had worked for the same Fortens 500 company for almost 15 years. Although the company had gone through some tough times, things were starting to turn around Customer orders were up, and quality and productivity had improved dramatically from what they had been only a few years earlier due to a companywide quality improvement program. So it came as a real shock to Hazel and about 400 of her coworkers when they were suddenly terminated following the new CEO's decision to downsize the company. After recovering ftom the initial shock Hazel tried to find employment elsenthere. Despite her eforts, after eight months of searching she was no closer to finding a job than the day she started Her fands were being depleted and she was getting more discouraged. There was one bright spot, though: She was able to bring in a little money by mowing lawns for her neighbors. She got involved quite by chance when she heard one neighbor remark that now that his children were on their Own, nobody was around to cut the grass Almost jokingly, Hazel asked him how much he'd be willing to pay. Soon Harel was mowing the lawas of five neighbors. Other neighbors wanted her to work on their lawns, but she didn't feel that she could spare any more time from her job search. However, as the rejection letters began to pile up. Hazel knew she had to make a decision. On a sunny Tuesday morning, she decided, ike many others in a similar situation, to go into business for herself-taking care of neighborhood lawns. She was relieved to give up the stress of job hunting, and she was excited about the prospect of being her own boss. But she was also fearful of being comgletely on her own. Nevertheless, Hazel was determined to make a go of it At frst, business was a little slow, but once people realized Hazel was available, many asked her to take care of their lawns. Some people were simply glad to turn the work over to her, others switched from professional lawn care services. By the end of her first year in business, Harel knew she could earn a iving this way. She also performed other services such as fertilizing lawns, weeding gardens, and trimming shrubbery. Business became so good that Hazel hired two parttime workers to assist her and, even then, she believed the could expand further if she wanted to. Questions 1. Hazel is the operations manager of her business. Among her responsibilities are forecanting imventory managememt, schedaling. quality assurance, and maintenance. a What kinds of things would likely require forecasts? b. What inventory items does Hazel probably hzve? Name cne inventory decision she has to maka periodically. c. What scheduling must she do? What things might occur to disrugt schedules and cause Hazel to reschedule? d. How important is quality assurance to Hazel's business? Explain e. What kinds of maintenance must be performed 2. In wihat ways are Harel's customers most ikely to judge the quality of her lawn care services? 3. What are some of the trade-ofs that Hazel probably considered relative to: a Working for a company instead of for herself? b. Expanding the business c. Launching a website? 4. The town is considering an ordinance that would prohibit putting grass elippings at the curb for pickup because local landfils cannot handle the volume. What options might Hazel consider if the ordinance is passed? Name two advantages and two drawbacks of each option. 5. Hazel decided to cffer the students wiho worked for her a bonus of $25 for ideas on how to improve the business, and they provided several good ideas. One idea that she initially rejected now appears to hold great promise. The student wiho proposed the idea has left, and is currently working for a competitor. Should Harel send that student a check for the idea? What are the possible trade of? 6. All managers have to cope with variation. a What are the major sources of variation that Hazel has to contend with? b. How might these sources of variation impact Hazel's ability to match supply and demand? c. What are soma ways the can cope with variation? 7. Hazel is thinking of making some of her operations sustainable. What are some ideas she might consider?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
I need just the answer of question 6 related to the text below ( 6 a,b,c )
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