You are a recent graduate of the BMM program from Crookston and you have just been hired by a new start up company making widgets. Your primary responsibility within your new position is to establish a maintenance & safety function within the newly formed organization. I’m not too interested in very specific details, rather I want you to discuss the concepts, tools, and approaches you would use to create a successful maintenance & safety group. Follow the format below to complete the report.

Format

Introduction        

Provide a detailed introduction to what your purposed maintenance & safety group would look like.  How would it be structured? Defined roles & responsibilities? What would its mission & goals be?  Take some time and interview or correspond with your classmates who either work within this areas or have some specific experience with the subject matter to help guide your answers & approach. The introduction section of no more that 300 words is adequate (10%).

Structure   

Implementation of a maintenance & safety function requires a thorough review of the critical elements (planning, scheduling, planning, supervision, ect.), functions, roles & responsibilities, and desired outcomes of maintenance as described in the text and other course material. In this section I want you to clearly illustrate how you will establish this function so that is can successfully meet the requirements you set forth in the introduction. Tell me what your maintenance & safety group will look like and how it will function. One helpful hint is to break this section up into smaller manageable chunks (planning, scheduling, planning, supervision, ect.) and discuss each independently to paint your picture. The structure section should be approximately 400 words (50%).

Implementation & Management

                In this section of the report  I want you to present how you will go about with the implementation of your new maintenance & safety group. The creation and implementation of an entire function is no small feat, so tell me how you would go about doing this? What are some of the methods you might use or what are some of the theory’s we reviewed in class that might guide your decision making process here? One big hint is I’m looking for something referring to the presentations that didn’t have a direct connection to the text.

             Next in this section I would like you to write a paragraph about how you would go about managing this new group you just created. I would like you to really think hard about  how you would manage this function. For those of you with supervision or management experience you can draw from that to help answer this section, but for those of you who do not take time to think about all the good & bad bosses you have had and use that reflection to shape your answer here. The Implementation & management section will be about 300 words (30%).

Summary    

Summary is a 100 word final set of key points on the introduction, structure, and implementation & management sections of the report. (10%).

Below are the questions for my Business 100 quiz. Provide in depth answers where needed and make proper APA citations where needed. No designated length on the answeres but make sure they are in your own words and of good quality.

1. In your own words explain, are entrepreneurs born or made?

2. In your own words, what is a venture capitalist?

3. In your own words, explain three of the nine building blocks for managers to use in developing an innovative and effective business model.

4. What is a competitive advantage? How does marketing contribute to the creation of a competitive advantage

5. What is market segmentation? List the steps in the market segmentation process.

6. Discuss several reasons why marketers continue to have a difficult time understanding, predicting, and explaining consumer behavior.

7. In your own words, what are the characteristics of the four types of business legal entities?

8. How does the cultural environment affect international marketing activities?

9. Describe the advantages and disadvantages of a flat versus tall organizational structure.

10. Explain the concept of employees as stakeholders in your own words

5 Paragraphs APA STYLE

Following the presentation to the 16 new investigators in your squad a question and answer period sparks personal viewpoints on the Exclusionary Rule Exceptions. The new investigators turn to you as the supervisor and ask what your opinion is. Your provide them with cited reasons for your opinion.

Please include answers in your main posting for the following questions. Support your answers with your research on how arson crimes are investigated at the scene and follow up investigation. You must provide meaningful feedback to the main postings of at least two of your classmates.

• Explain why you believe or don’t believe that exceptions to the Exclusionary Rule should be made
• Select three exceptions to the Exclusionary Rule and cite your reasons for their validity and any reason why the exceptions may be in error if you believe any of them are
• Explain the conditions in which you would allow your investigators to lie to a suspect during an investigation and why it would be alright to do so. Use a short scenario to demonstrate your intended meaning to them

In your own words, please post a response to the Discussion Board and comment on at least two other postings. You will be graded on the quality of your postings.

Consumer Demand Analysis and Estimation Applied Problems

Please complete the following two applied problems:

Problem 1: 

Patricia is researching venues for a restaurant business. She is evaluating three major attributes that she considers important in her choice: taste, location, and price. The value she places on each attribute, however, differs according to what type of restaurant she is going to start. If she opens a restaurant in a suburban area of Los Angeles, then taste is the most important attribute, three times as important as location, and two times as important as price. If she opens a restaurant in the Los Angeles metropolitan area, then location becomes three times as important as taste and two times as important as price. She is considering two venues, respectively, a steak restaurant and a pizza restaurant, both of which are priced the same. She has rated each attribute on a scale of 1 to 100 for each of the two different types of restaurants.

Show all of your calculations and processes. Describe your answer for each question in complete sentences.

1. Which of the two options should Patricia pursue if she wants to open a restaurant in a suburban area of Los Angeles? Calculate the total expected utility from each restaurant option and compare. Graph is not required. Describe your answer, and show your calculations. 
2. Which of the two options should she pick if she plans to open a restaurant in the Los Angeles metropolitan area? Describe your answer, and show your calculations. 
3. Which option should she pursue if the probability of finding a restaurant venue in a suburban area can be reliably estimated as 0.7 and in a metropolitan area as 0.3? Describe your reasoning and show your calculations. 
4. Provide a description of a scenario in which this kind of decision between two choices, based on weighing their underlying attributes, applies in the “real-world” business setting. Furthermore, what are the benefits and drawbacks, if any, to this method of decision making? 

Problem 2: 

The demand function for Newton’s Donuts has been estimated as follows:

Qx = -14 – 54Px + 45Py + 0.62Ax 

where Qx represents thousands of donuts; Px is the price per donut; Py is the average price per donut of other brands of donuts; and Ax represents thousands of dollars spent on advertising Newton’s Donuts. The current values of the independent variables are Ax=120, Px=0.95, and Py=0.64.

Show all of your calculations and processes. Describe your answer for each question in complete sentences, whenever it is necessary.

1. Calculate the price elasticity of demand for Newton’s Donuts and describe what it means. Describe your answer and show your calculations. 
2. Derive an expression for the inverse demand curve for Newton’s Donuts. Describe your answer and show your calculations. 
3. If the cost of producing Newton’s Donuts is constant at $0.15 per donut, should they reduce the price and thereafter, sell more donuts (assuming profit maximization is the company’s goal)? 
4. Should Newton’s Donuts spend more on advertising?