Operations Management and Management Science Case Study

Operations Management and Management Science Case Study Capacity Planning New Balance Athletic Shoes Summary James Davis is the president and general manager of New Balance Athletic Shoes. The Boston, Massachusetts based company began producing corrective shoes and arch supports in 1906. New Balance garnered a reputation for quality specialty footwear when in the 1950s it began producing running shoes for men. It is the beginning of 1978 and Mr. Davis has a number of important decisions to make regarding the future of his growing company. In recent years the demand for running shoes has experienced explosive growth. The increasing popularity of the sport of running requires James Davis to carefully evaluate the accuracy of the†¦show more content†¦Adidas and Nike, being larger more top heavy corporations, will naturally have longer time periods between research and development and product release. We suggest that New Balance take advantage of its smaller size by releasing the types of new products previously detailed at a faster pace than their larger competitors. It is in this area that we feel New Balances demand forecast is flawed. The forecasts short term reliance on current products in the companys shoe line is an error that may cause New Balance sales. As evidenced by the average two year appearance in Runners World ratings, the life span of a running shoe is short. We do not believe that New Balance can rely on the 320 to carry sales until their new trainer is available (1yr.) to gain market share. New Balance needs to rapidly release newly developed, state of the art running shoes prior to both industry leaders to put the company in a position to capture additional market share. In addition to believing that New Balances product mix has been forecasted incorrectly, we also contend that it has been somewhat overestimated. The following alternate demand forecast estimates overall market demand, as well as demand estimates for specific consumer categories. Please take note of the assumptions that were made in theShow MoreRelatedOperations Management Is The Branch Of Management’S Science1571 Words   |  7 PagesOperations Management is the branch of management’s science concerned in studying how to achieve successful management with the day-by-day operations of an organization. This study is dedicated in developing and applying the methods that are necessary to achieve business and operations improvement of the company. You may find operations problems in any area of the company and production and those problems may start in buying the feedstock of the products and go from there to even the distributionRead MoreE Mail, Online Conferencing, And Mobile Phones Have Become Essential Tools For Conducting Business937 Words   |  4 Pagesinvolve issues such as the organization’s hierarchy, functional specialties, business processes, and culture. †¢ Management: the information systems involve setting organizational strategies, allocating human and financial resources, creating new products and services and re-creating the organization. †¢ Information technology: is consists of computer hardware, software, data management technology, and networking or telecommunications technology. 3. †¢ Data is can be any character, text, words, numberRead MoreManagement at Work1470 Words   |  6 PagesCase Study: Management at Work 1. Does the pattern of management developments at GE over the last century seem to reflect the pattern suggested by management theory? Explain your answer. The management developments that GE has formulated over the past century appear to reflect the same sequential pattern that has been suggested by the management theory. GE’s first organizational innovation was the establishment of their corporate research and development lab in 1900. I believe this innovationRead MoreEssay about Operations Management in Health Care792 Words   |  4 PagesOperations Management in Health Care Operations management is the organizing and controlling of the fundamental business activity of providing goods and services to customers (Encarta, 2005). In the healthcare industry, operations management generally focuses on providing a service of healthcare to patients. An organization has three basic functional areas, and theses are: finance, marketing, and operations (Operations Management, 2004, p.4). Since operations is one of the three basic functionsRead MoreStatement of Purpose for a Career in Computational Finance1041 Words   |  4 PagesThe world of Finance is by no means a new concept for me. Watching â€Å"Mad money with Jim Cramer† videos on cnbc.com for his daily stock picks is a ritual. I would study the company’s business model, perform very rudimentary fundamental and qualitative analysis on these picks and if its intrinsic value matched the criteria set, I would add it to my portfolio on Investopedia.com. Apart from this, I also spent a considerabl e amount of time researching on various stock picking strategies to further strengthenRead MoreI Had More Interest On Computer Science706 Words   |  3 Pagesinterest on computer science and want learn more on a computer. I shared my view with my brothers for going another college to continue my education in computer science with my brothers because they were a source of funding without them I was not able to continue study. I got a green signal from brothers for supporting my undergraduate study in the capital city. There were only two public colleges offered BSc computer science program and had a huge competition to get in place for study. I had applied oneRead MoreTraditional Consumer Culture : Product Oriented753 Words   |  4 Pagesservices. In consumers’ mind, extra services that companies provide equals to â€Å"Free value†. This happens in most of the developing country like China and Korean, where people who provide service seldom ask tips and they get pai d based on how many cases they solved not how many time and effort they spent. 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His approach is also often referred to, asRead MoreOld System Of Management Based Largely On Empirical Data1731 Words   |  7 Pagesnecessary to radically change the model of production management, the implementation of other organizational structures, reporting lines, strict observance of technology, precision assignments, reasonable incentives, and so on. Old system of management based largely on empirical data could not provide most of these aspects.Absence of knowledge of the organization of production processes, the optimal sequence of operations and modes of operation of equipment, technical and other standards, personalRead MoreInternational Food and Beverage Management847 Words   |  4 PagesThe importance of planning and designing procedures for a food and beverage establishment is essential for a successful establishment. Procedures are the cautions taken to ensure that the operation is running effectively and efficiently to meet demands of the customer, with an effective and efficient operation it may reduce the complication of keeping customer relationships intact with the business. Making good decisions about operational procedures is an important characteristics to ensure that

Feminism A Controversial Issue - 1304 Words

In recent discussions on Feminism, a controversial issue has been that the term itself attracts negative attention, despite its endless efforts towards equality for both genders. On one hand, some argue the word should be changed to a more appropriate term that doesn’t attract hostile viewpoints. On the other hand, others argue the word should remain the same, however, people should be educated on the actual intentions of feminism—and not base their understandings off of the recent misguided interpretations of the term. Although the awareness of feminism may seem of concern only to a small group of women, it should in fact concern anyone who cares about gender equality. Because of their recent fallacious ignorance towards the term, this generation should make modifications of their knowledge of Feminism and learn that it calls for equal rights for both men and women. Although I grant that all women want gender equality, I still maintain that women are rightfully reluctant to call themselves â€Å"feminists†, due to the misinterpretations of the term. One of the most widespread misinterpretations is that it encourages women to participate in â€Å"men bashing/ men hating†. This has caused most of the recent negative opinions that are surrounding feminism. In fear of being labeled as man-haters, women tend to shy away from the term. Several famous celebrities, such as Emma Watson and Beyoncà ©, are saying that they support feminism and decided to take on its negativity. In her UnitedShow MoreRelatedThe Series Of The Family Produced By Norman Milton1709 Words   |  7 PagesThe series All in the Family produced by Norman Milton Lear from 1971-1979 is one of the most controversial and groundbreaking television shows ever created. The successful sitcom has covered many touchy subjects involving race, ethnicity, homosexuality, rape, and religious beliefs. Towards the end of the third season, episode 20 which was called â€Å"Archie is Branded†, aired on February 24th 1973 touched many subjects that were heavily debated on the fact of whether or not it was appropriate to airRead MoreAnalysis Of Gloria Steinem s Article Our Revolution Has Just Began 908 Words   |  4 PagesFeminism adheres to all humans, regardless of race, sex, religion or any other defining mark and in order for true equality to be reality, human’s as a whole must demand for it. Gloria Steinem’s article â€Å"Our Revolution Has Just Begun,† addresses the underlying truths of feminism and its never-ending movement towards total equality. My analysis will focus on Steinem’s arguments regarding the future, which lie ahead for women as well as feminism itself, these arguments include: the economic benefitsRead MoreGender Inequality And Relevant Social Norms959 Words   |  4 PagesConfronting culture shocks, ideo logical conflicts and shifts, some of them expresses their interest in feminism to me. Thus, I incorporated this theme into our curricular content. In doing so, I hope I can not only teach my students what it means to be a feminist, but also invite them to express their beliefs, values and needs. Similar to the previous session, conceptualizing and examining sexism and feminism also generated a lot of thoughtful discussion, such as the example shown below. Reflecting on myRead MoreThe Resistance Of Female Leadership1430 Words   |  6 Pagesfor the discrimination and that further research should be conducted to ferret out possible reasons. This study will fill the gap in the research regarding resistance to female clergy by examining the past to understand the present attitude of anti-feminism. Other researchers‘ studies help fill the gap such as that of Oesterheld, F. (2012), refutes the idea of authoritarian paternalism of women in early Christianity; Wallace, G. (2014a), mistranslations; Martin, D. (2013), the leadership of women inRead MoreThe Media And The Platform1548 Words   |  7 Pageswomen have suffered from the oppression of the patriarchal society we continue to live in today. Giving credit where it is due, I will say we have made an evident and beneficial progression as far as the essentialist views of feminism. There are many ways to promote feminism and emphasize the importance of progression—it is benefi cial for all. There are many ways to promote and encourage the movement as an individual however, having a platform would be more ideal. That being said, many celebritiesRead MoreEssay on Feminism and Modern Feminist Theory1068 Words   |  5 Pages Feminism is a body of social theory and political movement primarily based on and motivated by the experiences of women. While generally providing a critique of social relations, many proponents of feminism also focus on analyzing gender inequality and the promotion of womens rights, interests, and issues. Feminist theory aims to understand the nature of gender inequality and focuses on gender politics, power relations and sexuality. Feminist political activism campaigns on issues such asRead MoreGender Equality And The Movement For Women s Rights On A Global Scale1174 Words   |  5 Pagesthere are two controversial perceptions of the meaning of feminism and what feminists stand for. For many years, feminism is considered a series of mere actions exhorting for only women, which is anti-men and overaggressive. Recently, there is a gradual change in the understanding of what feminism is. It is all about the equality that every living human should be treated regardless of gender, race, religion or class. My essay will analyze in-depth the case study of Emma Watson’s feminism campaign, HeforSheRead MoreFeminism : Women s Rights On The Grounds Of Political, Social, And Economic Equality897 Words   |  4 PagesIn the play Trifles, feminism is portrayed by the female characters in the book as well as the male characters. Feminism is defined as: the advocacy of women s rights on the grounds of political, social, and economic equality to men (â€Å"Feminism†). The female characters are represented in a way that highlights the best characteristics of females, which in turn gives the reader or viewer a strong sense of feminism. The male characters in the book such as: the police officers and the husband show malesRead MoreEquality Of Men And Women916 Words   |  4 PagesEmecheta’s The Joys of Motherhood (1979) will serve as a lens for African tradition in terms of motherhood and marriage, specifically in Nigeria. The recognition of the issues in African societies such as the controversial traditions surrounding motherhood and marriage helps women in Africa raise awareness on the importance of African feminism. In â€Å"African Womanism: An Afrocentric Theory† (1998), Nah Dove advocates for the importance in understanding the relationship between Europe and Africa in orderRead MoreFeminism : A Feminist Perspective1667 Words   |  7 PagesModern Feminism Before we begin, I want you to create a picture in your head. You read that there is going to be a feminist rally in your local city this afternoon. What does your mind picture? Lots of pink I’m sure. Who is there? Why, a bunch of women, of course! And what could they possibly want this time? I’ll let you keep that one to yourself. We all know that in today’s world, feminism is often seen as a joke. Just a bunch of white women prancing around with signs expressing their angst for

Thomas Manns Death in Venice free essay sample

A literary review of Thomas Manns `Death in Venice`. This paper analyzes `Death in Venice` by Thomas Manns with an emphasis of how the book and characters parallel the writers own life experience. `This second critic notes Manns use of this method he called myth plus psychology which plots Aschenbachs descent into a chaotic heap where both myth and psychology play equally important roles. (SparkNotes) He describes the idolized Tadzio mythically in the same level and manner as Greek sculpture, the god of love, Hyacint and Narcissus and Platos character Phaedrus. He also likens Aschenbachs cruise into a lagoon in Venice to that across the River Styx in the Underworld, where strange red-haired figures appear and reappear to Aschenbach to symbolize demons, probably also the furies of his moral conscience. As to the psychology part, Aschenbach always has a firm control and repression of his libido through the years of maturity. We will write a custom essay sample on Thomas Manns Death in Venice or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page But this undue control and denial of something vibrant and powerful underneath merely leads such force to show up in other and indirect ways, per Freudian explanations. These indirect expressions include intense dreams and visions and the worship of a strange god. (SparkNotes) Moreover, this `orgiastic worship` of the strange god (SparkNotes) is likely an epitomizing of the Freudian desire to ultimately abandon oneself to such longing in and through death.`

Marriage in China free essay sample

Research plan into the history of arranged marriages in Chinese society and outline of possible methods which can be used to analyse other factors also contributing to the marriage decline. Different countries have different customs and traditions in regards to love and marriage. In the western society we live in, the popular assumption about love and marriage is that they are equal, with marriage being a decision based on an individual couple. However in many other societies around the world, marriage acts as an extremely important ritual and the fundamental means of creating bonds between different families or predecessors. Marriage is not only the merging together of common individuals, but the merging of one family to another, in a bond regarded as mutually beneficial to the increase of fortune and power for each side. As an important way of merging bonds between families, the interests of marriage are often considered to be too great to allow young adults to select their own partners. We will write a custom essay sample on Marriage in China or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The establishment of marriage is found in nearly all societies in the world, this fact clearly reflecting the importance of reproductive and sexual functions in human life. In the history of marriage in China, traditionally, Chinese people married hrough the arrangements of their parents or most important family elders. This idea of an arranged marriage, made decision- making and finding a suitable partner, a tactical opportunity for parents to choose a spouse for their child, as someone from whom they felt they could gain social, political or financial benefits in the long term. As Jack. M. Potters book Chinas peasants expresses, The law did not substitute the necessity to form marriages on a basis of love, rather the law takes it for granted that marriages will be formed in a moral Chinese way, in a chinese cultural context and this is not a context which efines romantic love as an element in marriage choice (page191). However after years of control, and with an anti- arranged marriage campaign that began with the New cultural movement, came an increasing public demand for own- choice marriage partnerships and free love. During the peak of the May Fourth era, at a time when the New cultural movement was operating, this marked a significant turning point during which the traditional method of arranged marriage was to be completely threatened and overpowered by the Western ideas of free-choices and was supposed to be recognised as a more modern foundation for people to follow. However, what this marriage revolution brought to the modern Chinese society, was not only unprecedented freedom, finally being able to choose a partner for themselves and an extraordinary sense of romance and love, but it also brought with it, confusion, worry and disturbance. With an ever fast-growing market in China and recent decrease in numbers of marriage, the overall objective of this research is to allow us to develop a better understanding into the ideas set out by the Chinese communist party and whether arranged marriage was in fact a long term benefit or disadvantage to the current Chinese society of today. It will also provide research into other potential factors affecting this gradual decline in numbers, with elements such as the amount of impact a booming economy and higher education have on the people. With a long lasting tradition of repressive arranged marriages, and recent reports showing a staggering population of 249million unmarried young adults in urban cities, such as Shanghai, I have broken down clearly, the list of objectives I would like to achieve during this paper: 1)I would like to use this research paper to gain a more in depth understanding about this long lasting tradition in China, here the ideas originated from and the thoughts behind this, what were they trying to achieve? 2) I would like to find out, to what extent does exercising constant restraint on an individuals marriage freedom affect different sectors of Chinese society today, from small towns to the big cities. How have the old traditions affected the way people behave today towards marriage? 3) I would also like to analyse the affects of one of the worlds fastest growing economies on rate of marriage and whether the decline is generally more prominent in bigger cities. ) And finally gain any other insight as to other factors that could possibly be involved in the decreasing numbers of marriage, such as increase and improvement of a higher education and whether high gender imbalance means high marriage imbalance. The suggested research will consist of two main parts: The first stage will be to find and gather as many secondary resources to evaluate and uncover past and present marriage figures and any other useful graphs, diagrams, surveys journals and scholarly articles to find any indication of trends between other factors which may play an apparent part in the decline of marriage in China. The second stage will involve qualitative research to provide an in-depth, more personal outlook on possible underlying problems why this may be happening, and perhaps even gather other personal reasons from outside sources, that I have not yet come across myself, as to the pressures of marriage and why so many Chinese people in society today feel the need to marry a lot later in life, if at all. This will be done through interviews and group discussion with men and women raised both in the countryside and big cities. Although not a definite decision for my research, it would be interesting to conduct my own survey with a target audience of oth men and women born in different eras in China, to see if i can identify any correlation between age, place of birth, education and jobs. By the end of this research project I hope to achieve all my objectives which I have laid out above. Available documents from the National Population and Family Planning Commission (NPFPC) declare that China has a serious imbalance of gender, with about 26. 7 men per 24. 9 women, which has led to a similarly serious imbalance in the unmarried population for Chinese born in the seventies, eighties and nineties. The worst affected by the gender imbalance re Chinese born in the seventies, where there are currently 206 unmarried men for every 100 unmarried women. Those born in the eighties and nineties fare a bit better, although prominent imbalances still exists. Furthermore, as I mentioned previously about marriage rates between the countryside and bigger cities, according to these documents, in more modernised provinces and municipalities like Jiangsu, Shandong, Beijing and Shanghai the number of unmarried men and women are more closely balanced, leading me to believe that there is, in fact, a connection between job and marriage umbers which I would like to elaborate more on in my pa per. A large amount of work has been conducted already on the issue of the analysis of why both men and women choose to postpone marriage in China. As research shows, later marriages in China have become a growing social trend, with Chinese men postponing marriage on average by about 1. 4 years and women 1. 5. China’s 2000 national census reported that the average marriage age of a male in China was 25. 3 years old and 23. 4 for women. However, the 2010 national census reported that these averages had in fact increased to 26. 7 for men and 24. for women. Providing evidence a definite increase. At a time where many Chinese people are driven to get promotions and are coming of age at a time where exploding wealth and expectations for material success are high, I was interested to see that a survey last year on Sohu. com, claimed that 73% of corespondents said home ownership was a necessity for marriage today, with an almost equal percentage saying they found it difficult to even buy a house, this therefore leads me to believe more so that pressures of expectations from future partners is so high, many people are put off from this.