Using the details from the case study complete the following for your report:
a. Provide a cost benefit analysis for each option.
b. Recommend one option and explain why you feel it is the best solution.
c. Provide ROI data for the option you are recommending.
a.
b. Option I is recommended because it will result in higher Monthly Benefits as compared to the second option at a slightly higher cost in comparison with the second option.
c. Return on Investment for the selected option is
Monthly Benefit = $20,400
Initial Investment= $25,940
Return on Investment = Monthly Benefit / Initial Investment
= $20,400 / $25,940
= 78.64%
Using the details from the case study complete the following for your report: a. Provide a...
Read and Complete Case Study #2 –Managing People. The central components of your analysis should include issue identification, issue analysis, solutions, and potential limitations to your solutions. The case analyses serve to: a) Provide an opportunity to apply the class concepts in the solution of practical problems. b) Provide you with a common task through which you can learn to be more effective thinkers and problem-solves in your organizations. The written case analysis will be evaluated based on your effectiveness...
Whether to Work Overtime or Hire Additional Employees The Fair Labor Standards Act requires employers to pay nonexempt status employees an overtime rate at least equal to 1.5 times the normal hourly wage for each hour worked beyond the 40-hour workweek period. ACME manufacturing has just signed a lucrative contract to produce the casings for flashlights. The contract spans five years. During this time, ACME must increase its total manufacturing output by 25 percent. To meet this added demand, the...
This is a Construction Management class, so will you please be able to provide a step wise solution of how you were able to calculate the answer. Case Problem WORKFORCE SCHEDULING Davis Instruments has two manufacturing plants located in Atlanta, Georgia. Product de mand varies considerably from month to month, causing Davis extreme difficulty in work force scheduling. Recently Davis started hiring temporary workers supplied by WorkForce Unlimited, a company that specializes in providing temporary employees for firms in the...
Projects Case Study A construction company requires a database to record details about building projects. Each project has its own project number, name and employees assigned to it. Each employee has an employee number, name and job classification, such as engineer or computer technician. The company charges its clients by billing the hours spent on each contract. The hourly billing rate is dependent upon the employee's position. For example, one hour of a computer technician's time is billed at a...
Complete the following SOP table using the Leveling strategy. Note that the actual inventory at the end of last year is 100 units, and your actual number of employees at the end of last December was 8. Use the following data, and compute all costs associated with this level strategy. Note that filling out the following SOP table is not sufficient in answering this question. Hiring cost is $200 per employee Firing cost is $500 per employee Inventory holding cost...
Study and analyze the following case study and complete the Case Analysis Worksheet given below Case Analysis Work Sheet 1. What are the key issues or the problems of the case? 2. Prioritize the issues or problems 3. Is it necessary to identify the cause of the problem? 4. Brainstorm the options available 5. Evaluate the options (Option Advantages Disadvantages) 6. Select the optimum solution 7. Describe how the option should be implemented CONSEQUENCES IN RECRUITMENT AND SELECTION PRACTICES Agra...
CASE 9.3: TRAINING AND EMPLOYEE DEVELOPMENT Med Solutia is a national provider of outpatient nursing. After experiencing a four-year growth trend through organic growth and acquisitions, Med Solutia has seen a downward trend in performance. The Vice President of Sales, Delhia Ross, believes that the sales personnel lack a cohesive strategy and that many of the new representatives obtained through acquisitions use outdated techniques in their sales process. Her own employees who helped drive the organic growth that Med Solutia...
Here is an operations planning case analysis. You are expected to do the following questions and submit them for marking at the end of the semester via utsonline and in hard copy to your tutor in week 10. A company has the following demand forecast next year, expressed in six bimonthly periods: Forecast Demand: Period 1 = 4,500 units Period 4 = 6,500 units Period 2 = 3,000 units Period 5 = 5,100 units Period 3 = 4,800 units Period...
Ocean Sound College is a culinary sushi college located on the West Coast, and is a subsidiary of the Sushi Heights Corporation. You are the systems analyst assigned from the college IT department to conduct the systems analysis phase of the development of a new listing system for the school’s housing office. Background Based on your earlier recommendations, the housing office decided to continue the systems development process for a new listing system. Now, at the end of the systems...
Chapter 14 Running Case Assignment: Improving Decision Making: Using Spreadsheet Software to Analyze the Return on a New System Investment Software skills: Spreadsheet formulas and functions Business skills: Capital budgeting This project provides you with an opportunity to use spreadsheet software to use the capital budgeting models discussed in this chapter to analyze the return on a new information system investment for a real-world company. Dirt Bikes's management would like to analyze the return on its investment in its employee...