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Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
INSTRUCTION: Answer ALL questions.
PART A:
TOTAL: 100 Marks (30%)
Question 1:
Companies often locate in other countries to take advantage of low wage rates. However, the
difference in labour costs should be adjusted to account for productivity differences among the
workers in the two locations. One way to do this is to compute a “relative wage rate” R of
operating in another country. Note that R is not the actual wage rate paid, but it is the hourly
wage rate of operating in another country relative to the home country, after taking productivity
differences into account. If the foreign country’s workers are more productive, R will decrease,
and vice-versa. The formula is R = (W ÷ X)(U ÷ F), where W = the foreign wage rate (in foreign
currency per hour), X = the exchange rate (in foreign currency per local currency), U = home
country productivity (in units per hour), and F = foreign country productivity (in units per hour).
Suppose that workers in Malaysia earn RM10/hour. The exchange rate with the Singapore is
RM2.6 per $1. Singapore workers can produce 40 units per hour, while Malaysia workers at a
similar facility can produce 50 units per hour. If the Singapore wage rate is $14 per hour, should
the firm produce in the Singapore or in Malaysia? Justify your answer. [10 marks]
Answer:The masterplanhas highlightedsix importantinitiativesincludinginclusiveness cultivation,
improvingpeople’swell-being, human capital development, environmentally sustainable growth,
publicinfrastructure improvement,andleveragingon economic growth to a high standard of living.
It laid out clearly policy measures to enhance the country’s macro-economic resilience by raising
private investmentandconsumptionandleveragingon new economic growth through productivity
and knowledge amidst prudent fiscal policy and
Question 2:
The monthly electricity bill at the Ali Restaurant over the past 12 months has been as follows:
Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
Amount (RM) 271.9 305.7 306.4 297.3 315.3 297.2 330.7 300.1 275.5 301.3
279.4 306.6
Ali isconsideringusingexponential smoothingwithα=0.5or a four periodweightedmoving average
with weights of 0.4, 0.3, 0.2 and 0.1 to forecast future electricity costs.
(a) Which one provides a better forecast? (14 marks)
Job-shopproductioncanbe verycomplex andextremelyvolatile, especially when part variability is
highand ordersrequire anincreasinglylarge amountof processingsteps.Achievinga manufacturing
performance thatisrobustagainstvolatilities is of great importance in such systems. We therefore
develop an early indication system to detect potentially problematic situations (e.g. processing
delays) inajob-shopand to forecast a set of key performance indicators with the aim of increasing
the robustness of manufacturing
(b) Give next January’s forecast for each method. (6 marks)
The Percent Over Last Year formula multiplies sales data from the previous year by a factor you
specifyandthenprojectsthatresultoverthe nextyear.Thismethodmightbe useful inbudgeting to
simulate the affect of a specified growth rate or when sales history has a significant seasonal
component.
INSTRUCTION: Answer ALL questions.
PART B:
TOTAL: 100 Marks (30%)
Question 1:
The Hard Rock Cafe hasbeengovernedbya guidingservicephilosophy--'LoveAll-Serve All.' HRC is a
place where all have always been welcome, regardless of age, sex, or class. This unconditional
welcoming hand, first extended by Messrs.Tigrett and Morton, continues today as integral to Hard
Rock's present and future as it was at its beginnings. HRC is looking to expand further in Asia.
(i)Discuss features that make the Hard Rock Cafe different from other restaurants, even other
themed restaurants. What are the operations decisions that support these features? [10 marks]
Answer:Some companies have a history that stays firmly in the past. We're fortunate to have a
legacy that permeates our present like a classic song, not with nostalgia, but as the reminder of a
timelessfoundationandsimplebeginnings. When you consider we have over 192 locations, which
include restaurants,hotels,casinos,andlive musicvenues,in60 countries,it'shardto believe that it
all started so innocently: the search for a good
(ii) What are important considerations for Hard Rock on the international location decisions as
compared to other businesses (say, manufacturing facilities)? [8 mark]
Answer:The fourthHardRockCafe to openin India,HardRock Cafe New Delhi islocatedatDLF Place
Saket, a vibrant, upscale shopping and leisure destination. Our cafe is ideally situated near luxury
hotelsandjusta short distance fromDelhi IndiraGandhi International Airport,offeringa convenient
destinationforlocal fansandinternational travelersalike.A few popular local attractions you’ll find
nearour NewDelhi cafe include Bahai Temple,whichismade of pure white marble and shaped like
a lotus flower, and the Garden of Five Senses, a 20-acre park featuring themed areas designed to
help visitors socialize and unwind.
Question 2:
Qihoo, one of the largest Internet companies in China today, was founded in 2005. The company
started its business by offering a security software product, and quickly dominated the market in
China after its unusual move of giving its product away for free in 2009. Later, it expanded its
offering to cover a broad spectrum of Internet and mobile security products. In 2012 the company
launched its own Internet search engine called So.com. By August 2013, So.com captured 18% PC
marketshare, and had posed a threat to Baidu, China's largest and most established search engine
provider. Yet to compete against Baidu and other Chinese Internet giants in the long run, Qihoo
needed to find a way to replicate its PC market success in the mobile market.
Q. How could Qihoo continue to evolve its search engine business and what is the best mobile
strategy to help the company grow? [12 marks]
Answer:Inchina,the mostpc usershave limitedcomputerknowledge.The ‘virus',whichisthe only
computertermtheyheardbefore。Forthose entry-level users,they're concerned about anti-virus.
Unfortunately,QIHOOprovideafamoustool whichname is'360 safe guard'.At the beginning(2005),
this software does have the anti-
END OF QUESTIONS
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601

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Mom705 assignment som (0515)

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601 INSTRUCTION: Answer ALL questions. PART A: TOTAL: 100 Marks (30%) Question 1: Companies often locate in other countries to take advantage of low wage rates. However, the difference in labour costs should be adjusted to account for productivity differences among the workers in the two locations. One way to do this is to compute a “relative wage rate” R of operating in another country. Note that R is not the actual wage rate paid, but it is the hourly wage rate of operating in another country relative to the home country, after taking productivity differences into account. If the foreign country’s workers are more productive, R will decrease, and vice-versa. The formula is R = (W ÷ X)(U ÷ F), where W = the foreign wage rate (in foreign currency per hour), X = the exchange rate (in foreign currency per local currency), U = home country productivity (in units per hour), and F = foreign country productivity (in units per hour). Suppose that workers in Malaysia earn RM10/hour. The exchange rate with the Singapore is RM2.6 per $1. Singapore workers can produce 40 units per hour, while Malaysia workers at a similar facility can produce 50 units per hour. If the Singapore wage rate is $14 per hour, should the firm produce in the Singapore or in Malaysia? Justify your answer. [10 marks] Answer:The masterplanhas highlightedsix importantinitiativesincludinginclusiveness cultivation, improvingpeople’swell-being, human capital development, environmentally sustainable growth, publicinfrastructure improvement,andleveragingon economic growth to a high standard of living. It laid out clearly policy measures to enhance the country’s macro-economic resilience by raising private investmentandconsumptionandleveragingon new economic growth through productivity and knowledge amidst prudent fiscal policy and Question 2: The monthly electricity bill at the Ali Restaurant over the past 12 months has been as follows: Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Amount (RM) 271.9 305.7 306.4 297.3 315.3 297.2 330.7 300.1 275.5 301.3 279.4 306.6
  • 2. Ali isconsideringusingexponential smoothingwithα=0.5or a four periodweightedmoving average with weights of 0.4, 0.3, 0.2 and 0.1 to forecast future electricity costs. (a) Which one provides a better forecast? (14 marks) Job-shopproductioncanbe verycomplex andextremelyvolatile, especially when part variability is highand ordersrequire anincreasinglylarge amountof processingsteps.Achievinga manufacturing performance thatisrobustagainstvolatilities is of great importance in such systems. We therefore develop an early indication system to detect potentially problematic situations (e.g. processing delays) inajob-shopand to forecast a set of key performance indicators with the aim of increasing the robustness of manufacturing (b) Give next January’s forecast for each method. (6 marks) The Percent Over Last Year formula multiplies sales data from the previous year by a factor you specifyandthenprojectsthatresultoverthe nextyear.Thismethodmightbe useful inbudgeting to simulate the affect of a specified growth rate or when sales history has a significant seasonal component. INSTRUCTION: Answer ALL questions. PART B: TOTAL: 100 Marks (30%) Question 1: The Hard Rock Cafe hasbeengovernedbya guidingservicephilosophy--'LoveAll-Serve All.' HRC is a place where all have always been welcome, regardless of age, sex, or class. This unconditional welcoming hand, first extended by Messrs.Tigrett and Morton, continues today as integral to Hard Rock's present and future as it was at its beginnings. HRC is looking to expand further in Asia. (i)Discuss features that make the Hard Rock Cafe different from other restaurants, even other themed restaurants. What are the operations decisions that support these features? [10 marks] Answer:Some companies have a history that stays firmly in the past. We're fortunate to have a legacy that permeates our present like a classic song, not with nostalgia, but as the reminder of a timelessfoundationandsimplebeginnings. When you consider we have over 192 locations, which include restaurants,hotels,casinos,andlive musicvenues,in60 countries,it'shardto believe that it all started so innocently: the search for a good (ii) What are important considerations for Hard Rock on the international location decisions as compared to other businesses (say, manufacturing facilities)? [8 mark]
  • 3. Answer:The fourthHardRockCafe to openin India,HardRock Cafe New Delhi islocatedatDLF Place Saket, a vibrant, upscale shopping and leisure destination. Our cafe is ideally situated near luxury hotelsandjusta short distance fromDelhi IndiraGandhi International Airport,offeringa convenient destinationforlocal fansandinternational travelersalike.A few popular local attractions you’ll find nearour NewDelhi cafe include Bahai Temple,whichismade of pure white marble and shaped like a lotus flower, and the Garden of Five Senses, a 20-acre park featuring themed areas designed to help visitors socialize and unwind. Question 2: Qihoo, one of the largest Internet companies in China today, was founded in 2005. The company started its business by offering a security software product, and quickly dominated the market in China after its unusual move of giving its product away for free in 2009. Later, it expanded its offering to cover a broad spectrum of Internet and mobile security products. In 2012 the company launched its own Internet search engine called So.com. By August 2013, So.com captured 18% PC marketshare, and had posed a threat to Baidu, China's largest and most established search engine provider. Yet to compete against Baidu and other Chinese Internet giants in the long run, Qihoo needed to find a way to replicate its PC market success in the mobile market. Q. How could Qihoo continue to evolve its search engine business and what is the best mobile strategy to help the company grow? [12 marks] Answer:Inchina,the mostpc usershave limitedcomputerknowledge.The ‘virus',whichisthe only computertermtheyheardbefore。Forthose entry-level users,they're concerned about anti-virus. Unfortunately,QIHOOprovideafamoustool whichname is'360 safe guard'.At the beginning(2005), this software does have the anti- END OF QUESTIONS Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601