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Operations Management homework help

Discuss the pros and cons of holding inventory in theme park gift stores.

Please read the following articles:
“Improving Guest Experience through Forecasting: How analytics enhance the guest experience at Walt Disney World” Links to an external site.  by Pete Buczkowski and Hai Chu, 2021
“Forecasting And Budgeting Can Improve Your Company’s Fiscal Performance” Links to an external site.by Jeff Neilson via Forbes
“Behind the magic: Inside Disney’s Distribution Services”Links to an external site.
After reading the articles, respond to one of the following questions. Then respond/comment to two posts from your classmates.
What could be the potential challenges in running a theme park, like Disney, without using forecasting methods at different departments of the company such as operations, finance, marketing, etc.?
Discuss the pros and cons of holding inventory in theme park gift stores. Can excess inventory be sold in future seasons or would you rather have to deal with excess inventory at the end of the season? Consider one of the following theme parks when answering the question: Six Flags, Disney World, or Universal Studios.
Classmates replies:
Classmate 1: Running a theme park without the use of forecasting methods would be a potential disaster. First, since forecasting is used to predict park attendance, the operations department would face a significant challenge if they had no idea how many visitors to expect. They wouldn’t be able to properly order food, drinks, supplies and merchandise. They also wouldn’t know how many employees (cast members) to hire in order to safely and efficiently run the park. At Disney specifically, another challenge would be figuring out the FASTPASS system since that enables guests to skip the long lines. Forecasting can help to figure out the wait times on each individual attraction and therefore, help to keep the lines running smoothly.
Challenges for the finance department would be the unknown of the annual expected revenue without the projected numbers of visitors and the other metrics that forecasting provides. The marketing department would not have the information necessary to know their target markets and what type of strategies to employ to best fit their demographic audience. Another challenge Disney World could face which would impact all of the aforementioned departments is a COVID type shut down. However, by forecasting and budgeting, the Disney corporation is able to plan for unexpected events such as these.
Disney World is able to avoid many of these challenges due to the fact that they engage in forecasting simulations which allow them to identify problems and figure out solutions virtually, eliminating potential problems before they occur.
Classmate 2: A potential challenge that can arise in running a theme park like Disney, without using forecasting methods at different departments of the company, is decreased customer satisfaction. Businesses can utilize forecasting as a vital instrument to forecast the future and make choices regarding resource allocation, sales prices, and capacity planning. It would be challenging to adequately plan for and manage capacity without forecasting. Customers will have to wait in long lines and there’s a chance that some may not get tickets at all which can lead to low customer satisfaction and loss in revenue. That is why Disney implemented the FAST-PASS system. Buczkowski and Chu (2012) states, “Another innovative way the resort uses forecasting is for attraction wait times. The most popular attractions utilize Disney’s FASTPASS system – a unique virtual queueing system that allows guests to receive a ticket with a designated one-hour window of time when they can return and skip the regular line” (p. 14). Simply stated, Disney’s FASTPASS system is a system that allows guests to “skip long lines.” Another potential challenge that can arise in running a theme park like Disney, without using forecasting methods at different departments of the company, is unplanned inventory.  Buczkowski and Chu (2012) states, “…the distribution of individual garment sizes also changes as the cast mix evolves over time. Unlike a traditional inventory system, garments are laundered and placed back on the shelf after cast members return the garments… This dynamic environment requires sophisticated forecasting models to have enough garments to meet cast member demand while not overspending on garments that sit on a shelf” (p.14). In other words, if forecasting methods aren’t used, due to excess inventory that will be more expensive than anticipated inventory, it may result in inventory problems that cause challenges for businesses like Disney.

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Operations Management homework help

Identify a current change in an organization with which you are familiar.

Identify a current change in an organization with which you are familiar. Alternatively, identify a current public issue about which “something must be done”. In relation to the change issue, think about what sense-making changes might need to be enacted and how you would go about this. Assess this in terms of the eight elements of the sense-making framework suggested by Helms Mills and as set out in Table 9.7 (p. 303)
List one citation from text.

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Operations Management homework help

How does prescribing unnecessary medication increase health care costs?

– Refer to Your Opinion Matters: Who Should Determine Medical Quality—The Profession or a Government Oversight Body?  Can a provider and patient make quality decisions together, or must a third party intercede?
-Address the tension between government regulation and reimbursement of health care and the decisions patients make with their physicians regarding treatment.
-Identify and discuss the characteristics of federal and state governments that make regulation anti-competitive.
-Refer to Vignette: How Do We Determine Care Is of High Quality? What are some of the factors you would address to determine whether Amy is providing quality care? How would you measure the kind of quality she produces?
-How does prescribing unnecessary medication increase health care costs? What are some other negative consequences?

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Operations Management homework help

Why must firms adopt the identified roles? What is the risk of not using the roles? Indicate how senior and middle

300- 450 words, APA 7 format, in-text citation, Use at least three (3) scholarly references to substantiate your work. Please write in the present tense. Please provide a copy of all references used.
**I have attached a sample assignment for reference for week 2 and the assignment for week one
**Please use and adjust-if needed, the provided personal example to complete the question “summarize senior management’s role in successful quality improvement programs…”
Assignment Description
Week 2: The Role of Leadership (300–450 words)

Research and summarize senior management’s role in successful quality improvement programs. Be sure to use real, researched examples to demonstrate your points. The Baldrige Award site list of recipients could be a good resource for examples.
In general, identify senior management’s specific role in these large-scale strategic quality programs? Cheerleader? Role model? Decision maker? Resource provider? What else?
Why must firms adopt the identified roles? What is the risk of not using the roles?
Indicate how senior and middle management should derive the metrics to use to monitor and communicate performance?

With each week, you should include a minimum of 3 new cited references. As such, the references should be varied and different with each section addition. You can reuse references, but repeat references do not count toward the minimum 3 new cited references.

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Operations Management homework help

How do sales and operations planning in supply chain integration impact the company overall?

Supply chain integration is a major contributing factor to organizational success. The goal of supply chain integration is alignment within the supply chain. As a business leader, how can you achieve greater supply chain integration with suppliers and customers?
Amazon is a prime example of a company that has successfully managed its supply chain to achieve growth and profitability. Research the progression of Amazon’s supply chain integration. Write a 1,000 word paper that address the following questions:
How do sales and operations planning in supply chain integration impact the company overall? What would Amazon’s medium- and long-term forecast inform the operations management department? How do logistics, transportation modes, and warehouse locations impact Amazon’s competitiveness?
How does global sourcing and procurement impact the overall effectiveness of the supply chain? What are the benefits and challenges that have occurred when outsourcing logistic and other functions?
How has Amazon successfully leveraged e-commerce strategies to promote supply chain integration and boost sales and growth for the organization? Which strategies have been particularly effective and why?
Do you feel that Amazon sets an example for other companies to model regarding supply chain integration? Be sure to explain your rationale.
How would conscious capitalism and a Christian worldview impact Amazon’s supply chain integration?
Incorporate five to seven resources to support your paper.

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Operations Management homework help

Describe how your business operations will work.

Describe how your business operations will work. In other words, you want to explain the day-to-day flow of activities necessary to deliver your product or service to customers. Wherever applicable, identify costs. Be sure to address the following, if applicable to your chosen business, in the post:

Facilities.

Describe the facility, including its location.
Specify whether it is rented or owned; include any associated costs.
Estimate the cost of utilities, such as water/sewer, gas, electricity, and trash removal.

Production Process.

Describe the production process (how you will produce the product) or describe how your business will operate if retail or service company.
Identify the equipment you will use and associated costs.
Describe the capacity to produce the product.
Explain your approach to quality control.
Explain your approach to inventory, as applicable.
Where do your supplies come from?
What is your turnaround time to produce your product once you have received an order?

Research and Development.

Explain how you will stay abreast of new industry developments.
Describe the new products or services that are in development.

Personnel Needs in Operations.

Specify the number of operations employees you plan to have.
Describe their roles.

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Operations Management homework help

Discuss the considerations required when planning for transportation.

Transportation is required to move both work in process and finished goods. Discuss the considerations required when planning for transportation. Research two organizations and provide examples on the types of transportation and logistics methods used.

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Operations Management homework help

Do you have any frustrations with FMLA? Do you think it is sufficient?

Management in Healthcare I
Please review chapter 7 (pp. 99-100):
Think about the Family and Medical Leave Act (FMLA) from the perspective of a working department manager. How has this legislation has affected the manager’s ability to manage?
Now think about FMLA from the perspective of the employee. Do you have any frustrations with FMLA? Do you think it is sufficient?
At least 250 words

Course Materials
Required Text or E-Book: McConnell, C. (2015). The Effective Health Care Supervisor, 8th ed. Burlington, MA: Jones and Bartlett Publishers.

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Operations Management homework help

Does unionization introduce democracy in the employment relationship?

Does unionization introduce democracy in the employment relationship?
Clearly and concisely explain your response. Your post must have at least 200 words. Include in-text citations and a references page (per APA 7th edition), which must include at least two references: our textbook and a scholarly/peer-reviewed article (within the last five years).

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Operations Management homework help

Evaluate the motivations of organizations such as Apple to initiate a facilities location or relocation project?

Evaluate the motivations of organizations such as Apple to initiate a facilities location or relocation project? In your response, ensure to use resources to evaluate the stakeholders and pros and cons of domestic vs. international locations.