economics case study

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Section B: Read the case study below and answer only ONE out of the two [UNSEEN] questions

 

LEGO Group to build factory in China

 

Source: Lego website, 2013 and the Financial Times (with permission)

 

The LEGO Group has announced plans to build and operate its own LEGO factory in China, expected to have around 2000 employees. The factory will supply products for the growing Asian market. Construction is expected to begin in 2014. As it shifts its production to lowcost countries, this Chinese factory will follow plants in Hungary, the Czech Republic and Mexico as the group diversifies away from its roots in central Denmark.

 

“It is our strategy to have production close to our core markets in order to secure short leadtime and world class service to our customers and consumers, and it has proven a successful strategy. Asia – including China – is a future core market for the LEGO Group and therefore I am excited to share our plans for the new factory. Having full control of the production process is essential to deliver products of a consistent high quality and safety and in harmony with our values” says Bali Padda, COO and adds: “In addition by placing a manufacturing site in the region we reduce our environmental impact as we will reduce the need for

transporting products from Europe to be sold in Asia.”

 

 

State-of the art factory

 

 

The factory will be built in the city Jiaxing, right in the middle of the Yangtze River Delta

 

and located approximately 100 km from Shanghai where the LEGO Group is planning to locate a regional distribution centre for Asia.

“The new factory will be built and run with the same technology, automation and standards for employee safety and product quality as our LEGO factories in Denmark, Hungary, Czech Republic and Mexico, and it will have a distinct LEGO look and feel.” says Michael McNulty, Senior Vice President, Procurement.

 

 

Producing for Asia only

 

 

The LEGO Group currently does not operate its own manufacturing facility in China, but with the new production site including moulding, decoration and packaging facilities it will have a supply base for future growth in Asia. LEGO Group sales in the region have grown by more than 50 percent annually in recent years. The plant is expected to meet 70-80 per cent of total regional demand for Lego.

 

“Based on our current expectations for growth in Asia, the factory should be able to supply approximately 70-80 percent of all the LEGO products sold in the region in 2017. All products made in the new factory will be sold in Asia,” says Michael McNulty.

 

 

Location with focus on employees

 

 

The location of the new factory, Jiaxing, has a population of 5 million and it has been chosen for several reasons, says Michael McNulty:

“It is close to our regional distribution centre and the city has all the facilities and

infrastructure needed. But in addition, we believe the location is perfect in regards to securing the best environment for future LEGO employees. The city is the strongest possible match with core LEGO values, and the plans for a sustainable city development is well organized”

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There are many factors and events that have impacted and changed America from 1946-2012. Pick one of the following events from the list and discuss in detail the event, the people involved, and its background and impact of America.

  • Al Gore and Global Warming
  • The George W. Bush Doctrine
  • Blacklisting
  • Cuban Missile Crisis
  • Gulf of Tonkin Resolution
  • Watergate
  • NAFTA
  • Brown v. The Topeka Board of Education
  • The Military Industrial Complex
  • The Technological Revolution
  • War on Poverty
  • No Child Left Behind
  • 9/11
  • The Marshall Plan
  • OPEC
  • Cold War
  • Immigration Acts and issues
  • Reaganomics
  • The Gulf Wars
  • Sub Prime Melt Down
  • Iran Hostage Crisis

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moving average forecasting

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Moving average forecasting models are powerful tools that help managers in making educated forecasting decisions. A moving average is mainly used to forecast short historical range data. This tool along with other forecasting tools is now computerized such as in Excel, which makes it easy to use. With regard to moving average forecasting, read the following task.

Obtain the daily price data over the past five years for three different stocks. Data can be obtained from the Internet by using the following keywords: stock price data, return data, company data, and stock returns.

  • Create trend-moving averages with the following values form: 10, 100, and 200. Graph the data with Excel.
  • Create centered-moving averages with the following values form: 10, 100, and 200. Graph the data with Excel.
  • How do the moving averages for the same values of m compare between a trend-moving average and a centered-moving average?
  • Explain how these moving averages can assist a stock analyst in determining the stocks’ price direction. Provide a detailed explanation with justifications.

Submit your answers in an eight- to ten-page Word document and in an Excel sheet.

On a separate page, cite all sources using the APA guidelines.

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ethics 47

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I have a test for my business ethics class and I need help with it. I have the questions and the slides

that you can use it to answer the questions. The test has 3 Essay questions and 11 multiple choice. For the essay questions, there is no limits for how many words it should be, you can write as long as it answer the question. For the multiple choice questions, I only have the questions without the choices which means I will need your help once I open the test.

 

Please check the attachments for the questions and the slides before you send a hand shake. I need a perfect

solutions.

 

Thanks and feel free to contact me.

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it will be uploaded

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Written in APA format with Bib

2 questions each 500 words, use websites as sources and the readings that I will provide . Do not use a lot of big words keep it simple.

 

For GuardianTutor

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terminal point t 53 y unit circle find sin cos tan sec csc cot

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the terminal point t (5/3, y) is on the unit circle. Find sin, cos, tan, sec, csc, cot

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course subject based upon osha general industry regulations following assignment case study

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I. Background: OSHA Standards and Bubba’s Materials Handling Equipment, Inc.

 

 

 

 

 

Bubba’s Materials Handling Equipment is a small corporation that employs between 38 and 55 employees throughout any given year. This firm manufactures materials handling equipment that includes small cantilever racks, hand trucks, some specially designed for moving 55-gallon drums, and various dollies commonly used in the manufacturing sector. The facility was built in 1958 and is roughly 80,000 square feet. The firm receives raw materials in the form of round metal tubing, sheet metal, square tubing, and cold and hot rolled metal rods.

 

 

 

Raw materials are removed from flatbed trailers using a large LP-gas-powered forklift with the assistance of smaller LP-gas-powered forklifts. These materials are stored in racks in the receiving department. From there, raw materials are moved via forklift and various heavy duty carts to the fabrication department. This department cuts, punches, bends, copes, and shears the various materials into parts used to make the final product.

 

 

 

The metal fabrication equipment includes two iron workers, two 70-ton part revolution mechanical power punch presses, three 250-ton part revolution press brakes, a 300-ton hydraulic press, two pipe benders, a twelve-foot shear, a 10-foot shear, a mill for milling a bevel on hand truck toe plates, several off-hand grinders, and two large drill presses. The 

fabrication department can get quite noisy for days at a time (>85dBa), especially when making cantilever racks. Two maintenance employees keep these machines running. After being cut, punched, bent, and formed, fabricated parts go to the welding department or the Work in Process (WIP) crib. WIP includes a mezzanine and an area populated with pallet racks for storage.

 

 

In the welding department, there are 12 MIG welding machines that are used by welders to assemble the parts into the pre-finished items manufactured by the firm. The welders also use an assortment of hand-held grinders and an oxyacetylene torch. Once welded, items either go in their pre-finished condition into inventory or are further processed by the painting department. Pre-finished items that are inventoried are taken to one of two mezzanines or placed in storage racks. In the painting department, items are wiped down with various solvents and hung on an overhead hook conveyor. Items go into the paint booth where they are painted using various enamels. Xylenes and toluene are common solvents used in this operation. The paints also contain these solvents.

 

 

 

After painting, axles and wheels are applied, and the completed products are boxed or, depending on their size, loaded directly on trucks without packaging. Larger items, such as racks, are loaded onto flatbeds using an unmanned overhead crane controlled by a pendant control. Smaller items are typically loaded onto standard semi-trailers using battery-powered forklifts or pallet jacks.

 

 

 

II. The Scenario:

 

You have been hired by Bubba himself to put together a safety program for the company. Essentially, the company has no safety programs and has never really conducted any kind of hazard assessment.

 

 

 

III. Questions:

 

1. Identify 15 of what you consider the highest priority standards that are likely to apply to this operation. Include the code number for the standard, and describe a hazard demonstrating why the standard applies (e.g., Industrial Ventilation, 1910.94. The company has a paint booth that controls paint and solvent vapors).

 

2. Identify four important written programs this company is required to have (keep in mind that not all standards require that you develop a written program or SOP of some sort; although, many companies develop such SOPs regardless). Explain why you believe they are required to have these written programs.

 

3. Identify five standards that this company is required to provide training for, and briefly describe why this training is required.

 

 

 

Prepare your response to the questions listed in a properly formatted APA document. The completed paper should be arranged in the appropriate questions/sections identified above. Single-spacing may be used. Please make sure that you have addressed all questions in a full and detailed manner. Include a correctly formatted APA title and reference page. Remember to cite all sources used.

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russell westbrook the basketball player that start as a point guard on a team call Oklahoma city thunder and how i admire him because he a leader he score he can drive the ball in and he respected by every one in the nba he has handed and is one of the basket point guard that ever live

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Assignment 2.2: Justification Report – Part 2
Due Week 5 and worth 150 points

In Part 1 of your Justification Report assignment, you built up the following sections: Problem Statement, Overview of Alternatives, Criteria, and Methods. In Part 2, you will revise Part 1 based on your instructor’s suggestions and add to it the following sections: Evaluation of Alternatives, Findings and Analysis, and References.

Use the basic outline below to draft your paper. Organize your responses to each question under the following section headings:

  • Evaluation of Alternatives (for Questions 1-3)
  • Findings and Analysis (for Questions 4-5)
  • References (for Question 6)

Using the provided template, write Part 2 of a single-spaced report in which you:

  1. Include and revise the sections from Assignment 2.1 (Problem Statement, Overview of Alternatives, Criteria, and Methods) per instructor suggestions.
  2. Research the two (2) alternatives (i.e. possible solutions) that you’ve identified in your Part 1 Evaluation of Alternatives section. Record bibliographic information during research.
    1. Example: You might research other organizations that have attempted similar solutions to the problem you have identified and explore the results of those experiments. 
  3. Use what you discover in your research to evaluate each alternative by each of your five (5) criteria.
    1. Example: If your research revealed that four (4) companies similar to yours increased productivity after allowing their workers to telework from home three days per week, you might conclude that one of your suggested alternatives – in this case, the option to telework from home three days per week – satisfies one of your criterion of “Productivity” as a high-potential solution to a problem you’ve identified (of decreased worker morale and productivity at Doe’s Electronics). However, additional research might frustrate a recommendation of this alternative if it is found to fall short of other criteria while a second alternative fares better. For instance, a telework alternative might be found to be too costly to implement; too frustrating for consumers who prefer daily, in-person customer service; or too divergent from the company’s brand, “Always there for you!”
  4. Organize the assignment by your criteria. Explain in narrative form how each of your two (2) alternatives stacks up against your first criterion. Next, explain how each alternative stacks up against your second criterion, etc.
    1. Example: An abbreviated outline of what this longer section might look like based on the above example is below (Note: Only the first two [2] of five [5] required criteria are included to give you a feel for the structure). Your researched findings, represented as circled bullets below, should be explained in two to five (2-5) sentences. Include in-text citations and follow up with References in APA style):

      Evaluation of Alternatives

      • Productivity
        • Alternative A: Telework from home three (3) days per week
          • {narrate findings based on research article 1 here}
        • Alternative B: Offer two (2) extra Floating Holidays to each employee per year
          • {narrate findings based on research article 2 here}
      • Cost
        • Alternative A: Telework from home three (3) days per week
          • {narrate findings based on research article 1 here}
        • Alternative B: Offer two extra Floating Holidays to each employee per year
          • {narrate findings based on research article 2 here}
  5. Briefly summarize in narrative form the major discoveries that emerged from the Evaluation of Alternatives section.
  6. Include a chart like the ones below to illustrate at a glance:

    Figure 1: Alternatives Analyzed by Criteria

    Criteria

    Telework Option

    Floating Holiday Option

    Productivity

    Very high

    Negligible increase

    Cost

    Very high

    Moderate

    Company Image

    Increased

    Negligible increase

    Worker Morale

    Increased

    Negligible increase

    Practicality

    Moderate

    Low

    TOTAL Feasibility* of Alternatives based on Criteria?

    Moderate to High

    Low to Moderate

    *Feasability = Capability of an alternative being carried out with success

  7. Include an APA style (6th edition) References page that documents the two (2) sources (minimum) that you used and cited in-text in your Evaluation of Alternatives section. You may use secondary resources, or you may include one primary source and one secondary source. Remember that both in-text citations and References must be included (to avoid plagiarism) whenever you are directly quoting, summarizing, or paraphrasing researched material.

Your assignment must:

  • Be typed, single spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, your name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Support ideas or claims in body paragraphs with clear details, examples, and explanations.
  • Organize ideas logically by using transitional words, phrases, and sentences.
  • Use sentence variety and effective word choice in written communication.
  • Apply writing process strategies to develop formal business reports and / or proposals.
  • Use technology and information resources to research issues related to selected topics.
  • Write clearly and concisely using proper writing mechanics.

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case study 346

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Read the following case study and write a 1-2 page summary based on the prompts that follow.

Marcus Jones is the Human Resources Manager for Banks Industries, which specializes in automobile parts. The company’s CEO, Matthew Banks, has informed Marcus that the company is ready to expand and become a global organization. They recently purchased a building in Hong Kong that will serve as their first manufacturing plant outside of the United States.

The CEO wants Marcus to completely staff the operations in Hong Kong. Marcus is stressed about trying to determine the best strategy and approach for this major project.

 

What should Marcus do to ensure the manufacturing plant is ready to open in the next six months? Include the following information in your case study summary:

  • An overview of Marcus’ case.
  • Key Issues or Problems.
  • Alternatives that Marcus can consider.
  • A potential solution to Marcus’ dilemma.
  • Your conclusion on the case study.
  • Relevant additional supporting research.
    • Be sure to cite any outside research sources.

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