Problem 6 in the “Problems to Ponder” section at the end of chapter 7 asks you to consider two definitions of opportunity cost. Explain the meaning of both of them. Discuss.

 

Assignment 2: Controls

 

As a quality analyst you are also responsible for controlling the weight of a box of cereal. The Operations Manager asks you to identify the ways in which statistical quality control methods can be applied to the weights of the boxes. Provide your recommendations to the Operations Manager in a two-three page report. Using the data provided in the Doc Sharing area labeled M4A2Data, create Xbar and R charts.

 

Your report should indicate the following along with valid justifications of your answers:

a.     The control limits of the weights of the boxes.

b.    Nonrandom patterns or trends, if any.

c.     If the process is in control.

d.    The appropriate action if the process is not in control.

 

Submit your handout and summary to the M4: Assignment 2 Dropbox by Wednesday, March 13, 2013.

 

Assignment 2 Grading Criteria	Maximum Points
Using the data provided created Xbar and R charts.	15
Set control limits for the weights of the boxes.	15
Established the criteria for nonrandom patterns or trends, if any.	15
Stated whether the process is in control, according to the limits and the criteria established in b and c above.	15
Suggested the appropriate action if the process is not in control.	15
Gave valid and supported reasons for their answer.	15
Used correct grammar, spelling, and word choice and cited all sources using correct APA style.	10
Total:	100

 

 

 

 

 

 

Note: The following consists of 12 sets of three box weights in ounces
N	#1	#2	#3	StdDev	Xbar
1	6.3	6.28	6.26	0.02	6.28
2	6.32	6.32	6.33	0.005773503	6.323333333
3	6.29	6.33	6.36	0.035118846	6.326666667
4	6.3	6.29	6.34	0.026457513	6.31
5	6.295	6.315	6.39	0.050083264	6.333333333
6	6.292	6.319	6.33	0.019553346	6.313666667
7	6.289	6.323	6.4	0.0568712	6.337333333
8	6.286	6.327	6.471	0.097161378	6.361333333
9	6.283	6.331	6.498	0.112855365	6.370666667
10	6.28	6.335	6.525	0.128549601	6.38
11	6.277	6.339	6.39	0.056589163	6.335333333
12	6.274	6.343	6.4	0.063095166	6.339

The box below is the data needed for the assignment.

Part 1: Deliverable Length: 1,200–1,500 words

Sometimes, brands need to be repositioned in the marketplace for a variety of reasons, from gaining new market share to creating an image. You have suggested this during your previous meetings with your client over the last few weeks. As the marketing consultant for your client’s brand, the management team has requested a draft of the marketing plan proposal.

Some of the information you already know from working with your client for a few months. Other parts you will have to research and create now. You will have your colleagues and the client review most of it before completing the final sections of the plan and submitting it to the client for final review.

The first draft of the marketing plan must include the following sections:

• Situational Analysis: Include the current industry, market size, growth potential, competitive environment, and future opportunities.
• Product Positioning Strategy: Choose a positioning strategy for your product designed to change the perception of the current product by the targeted customer group.
• Customer Profile: Include the details related to your customer’s demographics and psychographics.
• Marketing Communications: Include 1 message appeal by designing an advertisement for your target market and 1 communication channel for delivering the message to your target market(s). Explain why this message and media matches your target market.
• Distribution Placement Strategies: Include at least 2 distribution options/channels to get the product to your customer. Explain why you chose these channels.
• McDonald’s is the brand to use
• also include intext citation and references please

the administration of a large university is interested in learning about the types of wellness programs that would interest its employees

Research and select a report from a Fortune 500 company, either online or in the online University Library.

Write a 700- to 1,050-word analysis of the report that includes the following:

• An identification of the report type and how it differs from the other primary report types
• A description of how the three-step writing process is evident in the report

Submit your assignment as an APA-formatted Microsoft^® Word document using the Assignment Files tab.