Premium Essay

Blanchard

In:

Submitted By percyalonso
Words 1522
Pages 7
Managing Business Operations
Case Analysis: Blanchard Importing and Distributing Co. Inc. (HBS Case 9 - 673 - 033)
Submitted by: Tushar Kothavale (130)

NMIMS, FT MBA 2009-2011

1) Correct the Economic Order Quantity (EOQ) and Reorder point (ROP) quantities for each of the five items mentioned in the case.
We first predict the annual demand for the year 1972 based on trend for 4 months of 1972 based on corresponding months of 1971.
Calculations for Annual demand (R):
The assumption made here is that the same trend for sales as that for the four months of
1972 would be followed for the rest of the months of the 1972.

Sales prediction for annual demand for year 1972
Total Sales

Feb

Mar

Apr

May

1971
1972

128
210

136
303

233
275

219
463

1971
1972

51
166

52
142

74
133

157
213

334

1971
1972

79
82

82
68

151
66

66
38

163
177

180
163

198
162

183
256

724

1971
1972

10
11

34
28

44
61

26
55

Annual
Demand

378

1971
1972

Percentage
Change over 1971

114

Vodka
716
1251

2455
74.72

4289

Gin
654

1421
95.81

2782

Scotch
254

800
-32.80

538

Whiskey
758

3096
4.70

3241

Rum
155

449
35.96

610

Calculations for Setup cost (S):

1

Size changeover cost = (cost of resetting all machinery for change in bottle size/ avg. no. of different items of given size processed between size changeover) = 23000 / (52X7X10)
= $6.3186 per changeover
Label changeover cost = Labour cost incurred while label changeover process
= (23000X0.5X8*)/(52X7) + 5X2.5X0.5
= $10.2 per labour changeover
*Assumption each working day is of 8 hrs.
Order Processing cost = 18000/ 350
= $51.43 per order.

All figures in $
Blanchard's 80 proof Vodka
Blanchard's 80 proof Gin
MacCoy &
MacCoy 86 proof
Scotch

Similar Documents

Premium Essay

Ken Blanchard

...ALL MODULE 1 ASSIGNMENTS DUE: SUNDAY, APRIL 3 BY MIDNIGHT Introduction In this module we will be researching leadership theories in general, as well as reflecting on our own leadership styles and traits. Later, in the second half of the course we will research and understand leadership as it relates to organizational leadership. In the first half of the course, the focus is on the individual leader. There are various theories about the importance of the inner life to your work. My take on it is that you teach (or whatever you do) out of who you are as a human being. Parker Palmer (1998) stated in The Courage to Teach, Teaching, like any truly human activity, emerges from one's inwardness, for better or worse. As I teach, I project the condition of my soul onto my students, my subject, and our way of being together. The entanglements I experience in the classroom are often no more or less than the convolutions of my inner life. Viewed from this angle, teaching holds a mirror to the soul. If I am willing to look in that mirror and not run from what I see, I have a chance to gain self-knowledge--and knowing myself is as crucial to good teaching as knowing my students and my subject [emphasis mine] (Palmer, p. 2). In this course, make a commitment to reflect on who you are—your strengths, your corresponding weaknesses, your passions--with the goal of knowing yourself, knowing your students/clients/colleagues, and knowing your job roles. DISCUSSION BOARD #1: SELF...

Words: 3390 - Pages: 14

Premium Essay

Blanchard Case

...What are the advantages / disadvantages of the EOQ/ ROP system and the system used at Blanchard? Which system do you prefer? EOQ/ ROP system: Advantage- 1) The system achieves the balance between two costs ordering cost and the carrying cost. 2) The system keeps track of removals from inventory on a continuous basis, so the system can provide information on the current level of inventory for each item 3) The system helps meet the anticipated customer demand. 4) The system keeps buffers between successive operations to maintain continuity of production (reducing the variability in demand at various stages). Disadvantage-   1) EOQ/ROP system is essentially a reactive approach; this approach gives only an order quantity, it does not suggest ways to reduce the inventory 2) For implementation of EOQ a perpetual inventory counting system needs to be in place, this implies substantial investments which might not be feasible for some. 3) Even if EOQ system is in place there is necessity to physically count the inventory periodically in order to ascertain the accuracy of the system. 4) EOQ/ ROP is a static system that is, it does not change automatically with the change in demand. For every period a new EOQ/ ROP needs to be established. 5) It is valid for a single product and not a basket of products. (Assumption made while deriving the EOQ/ ROP.) 6) It does not take into account the other production factors such as times required for production...

Words: 815 - Pages: 4

Premium Essay

Resource

...Name: Course: Date: Instructor: Resource Identification and APA Exercise Worksheet Part 1: Resource Identification Directions: Click on each link below and identify the resource type. In addition, answer the questions provided below each link about the particular source. *The template is able to manipulate if you require more room for your responses. Each resource type will correspond to one of the following choices: Website Blog Newspaper Magazine Book Journal Article Encyclopedia Dictionary Resource Link & Questions What is the resource type? 1 http://library.gcu.edu:2048/login?url=http://library.books24x7.com.library.gcu.edu:2048/library.asp?^B&bookid=50775&refid=C3VGQ Book a. What is the name of the resource? Make Your Brain Work: How to Maximize Your Efficiency, Production and Effectiveness b. Who is the author? Amy Brann c. Is this Peer Reviewed? (Yes or no, and please explain why.) d. Would you use this resource for an academic paper? (Yes or no, and please explain why.) 2 http://library.gcu.edu:2048/login?qurl=http%3A%2F%2Fwww.credoreference.com/entry/hmndcl/plagiarism a. Provide a properly formatted APA reference page citation for this source: Plagiarism. (2002). In The new dictionary of cultural literacy, Houghton Mifflin. Retrieved from http://library.gcu.edu:2048/login?qurl=http%3A%2F%2Fsearch.credoreference.com.library.gcu.edu%3A2048%2Fcontent%2Fentry%2Fhmndcl%2Fplagiarism%2F0 b. Is this a scholarly source (Peer Reviewed)...

Words: 937 - Pages: 4

Premium Essay

Leadership

...Three Pillars Essay Grand Canyon University: UNV 504 Innovation and Entrepreneurship June 10, 2014 Three Pillars Essay In his video Ken Blanchard, discusses the three pillars of business; servant leadership, innovation and entrepreneurial spirit (Blanchard, 2011). Servant leadership is not being a servant to those that you work with, it is offering direction and vision with stated goals. It sets a platform for all employees to know where the company is headed, while focusing energy on the set goal. It requires that both management and employees live according to the vision with customers being the primary focus. Servant leadership if done correctly draws out the innovation in employees. It asks people to bring their ideas to work and put on their thinking caps to move towards better practices, efficient processes and more satisfied customers. It allows for the entrepreneurial spirit in employees to be developed. Employees not only become a part of the process for development and innovation, but partners in the business. They have a personal stake in the company which can build long term loyal employees working to sustain and grow for the customer, themselves and the business. Although servant leadership focuses on others and needs of the whole in most cases there could be some shortcomings to servant leadership. According to Lynch and Friedman servant leaders might easily focus more on the needs of the followers than the needs of the organization as a whole or considering...

Words: 1141 - Pages: 5

Free Essay

Who Moved My Cheese

...Who Moved My Cheese Book Review Davenport University HRMG 314 Robert Schultz April 14, 2013 Introduction Who moved my Cheese is a book about a team of two mice and a team of two miniature executives who each run through a maze in search of cheese. One of the corridors in the maze had an abundance of cheese. All goes well until somebody moved the cheese. Authors Ken Blanchard and Dr. Spencer Johnson have a unique way of showing us an important message that can radically alter the way we cope with change. Cheese is a metaphor for what you want in life, a good job, a loving relationship, money or a possession, health or peace of mind (Mission, 2009 slide 2). The maze is where you look for what you want. Most people are fearful of change because they don't believe they have any control over how or when it happens to them. Since change happens either to the individual or by the individual, authors Ken Blanchard and Dr. Spencer Johnson shows us that what matters most is the attitude we have about change. The Characters The four imaginary characters in the story are Sniff, Scurry, Hem & Haw. Sniff and Scurry are mice; Hem & Haw are two mini people. When the four imaginary characters notice that their cheese is declining, which was always there, they have different attitudes on what to do about it. The mice, Sniff and Scurry, deal with change rather simplistically. Being animals, the mice are more adaptable to change and react to the loss of...

Words: 1036 - Pages: 5

Premium Essay

Book Review

...BOOK REVIEW ONE MINUTE MANAGER - DR. KENNETH H. BLANCHARD, PhD - DR. SPENCER JOHNSON, M.D. Submitted By: JOHN ROBIN H. ALVAREZ Submitted To: DR. NICK MARASIGAN Description about the Authors Dr. Kenneth Blanchard • He is the chairman of Blanchard Training and Development, Inc. (BTD), is an internationally known author, educator and consultant/trainer. • He is the co-author of the highly acclaimed and most widely used text on leadership and organization behavior, Management of Organization Behavior: Utilizing Human Resources. • Dr. Blanchard received his B.A. from Cornell University in Government and Philosophy, an M.A. from Colgate University in Sociology and Counseling and a PhD from Cornell in Administration and Management. • He is presently serves as a professor of Leadership and Organizational Behavior at University of Massachusetts, Amherst. In addition, he is a member of the National Training Laboratories (NTL). Dr. Spencer Johnson • He is the chairman of Candle Communications Corporation, and an active author, publisher, lecturer and communications consultant. He has written more than a dozen books dealing with medicine and psychology. • Dr. Johnson’s education includes a degree in psychology from the University of Southern California, an M.D. degree from the Royal College of Surgeons in Ireland, and medical clerkships at Harvard Medical School and the Mayo Clinic. Abstract of the Book • The book of One Minute Manager...

Words: 1022 - Pages: 5

Free Essay

Marketing

...Kenneth Hartley Blanchard is an American author and management expert. His book The One Minute Manager Has sold over 13 million copies and has been translated into 37 Languages. He is the Chief Spiritual Officer of the Ken Blanchard Companies, an international management training and consulting firm that he and his wife , Marjorie Blanchard, cofounded in 1979 in San Diego, California. He has the ability to masterfully communicate ideas. His caring nature exudes through his intellectual speeches that often have audiences feeling as if he is speaking to each individual person rather than Entire group. * Dr. Spencer Johnson is the Chairman of Candle Communications Corporation, and an active author, publisher, lecturer and communications consultant. He has written more than a dozen books dealing with medicine and psychology. Dr. Johnson’s education includes a degree in psychology from the University of Southern California, an M.D. degree from the Royal College of Surgeons in Ireland, and medical clerkships at Harvard Medical School and the Mayo Clinic. “The One Minute Manager” is more than a book; which includes, a genre of Motivation and Leadership , because , it shows Motivational Genre by introducing the democratic manager , and shows Leadership Genre by introducing the Autocratic Manager, which is seen in the book “ The One Minute Manager” which is a book for finding a balance between being an Autocratic Manager, who cares only about the results, and a Democratic...

Words: 1135 - Pages: 5

Premium Essay

Resource Identification

...Name: Carl Fortson Course: UNV 104 Date: January 30, 2015 Instructor: Jonathan Roeder Resource Identification and APA Exercise Worksheet Part 1: Resource Identification Directions: Click on each link below and identify the resource type. In addition, answer the questions provided below each link about the particular source. *The template is able to manipulate if you require more room for your responses. Each resource type will correspond to one of the following choices: Website Blog Newspaper Magazine Book Journal Article Encyclopedia Dictionary Resource Link & Questions What is the resource type? 1 http://library.gcu.edu:2048/login?url=http://library.books24x7.com.library.gcu.edu:2048/library.asp?^B&bookid=50775&refid=C3VGQ Book a. What is the name of the resource? Make Your Brain Work: How to Maximize Your Efficiency, Productivity and Effectiveness. b. Who is the author? Amy Brann c. Is this Peer Reviewed? (Yes or no, and please explain why.) Yes. The reasons why are because the articles has more four pages, the article does have a theory and the article does have a list of references. d. Would you use this resource for an academic paper? (Yes or no, and please explain why.) Yes. The reasons that I would use this resource for an academic paper are because the article has more than four pages, the article does have a theory and the article does have a list of references. 2 http://library.gcu.edu:2048/login?qurl=http%3A%2F%2Fwww...

Words: 1062 - Pages: 5

Premium Essay

Re: Friday

...Resource Identification and APA Exercise Worksheet Part 1: Resource Identification Directions: Click on each link below and identify the resource type. In addition, answer the questions provided below each link about the particular source. *The template is able to manipulate if you require more room for your responses. Each resource type will correspond to one of the following choices: Website | Blog | Newspaper | Magazine | Book | Journal Article | Encyclopedia | Dictionary | | Resource Link & Questions | What is the resource type? | 1 | http://library.gcu.edu:2048/login?url=http://library.books24x7.com.library.gcu.edu:2048/library.asp?^B&bookid=50775&refid=C3VGQ | Book | a. What is the name of the resource?Make Your Brain Work: How to Maximize Your Efficiency, Productivity, and Effectiveness.b. Who is the author?Amy Brannc. Is this Peer Reviewed? (Yes or no, and please explain why.)No, because it does not contain a list of experts who reviewed the book. d. Would you use this resource for an academic paper? (Yes or no, and please explain why.)Yes, because it is found in the GCU library. Everything in the library is credible. | 2 | http://library.gcu.edu:2048/login?qurl=http%3A%2F%2Fwww.credoreference.com/entry/hmndcl/plagiarism | Dictionary | a. Provide a properly formatted APA reference page citation for this source:Plagiarism. (2002). In The new dictionary of cultural literacy, Houghton Mifflin. Retrieved from http://library.gcu.edu:2048/login...

Words: 1377 - Pages: 6

Premium Essay

Studying Leadership

...organization. Although there is not one set definition when it comes to leadership, words that are often associated with leadership include guidance, facilitator, and structure (Yukl, 2010). “After a comprehensive review of the leadership literature, Stogdill (1974, p. 259) concluded that ‘there are almost as many definitions of leadership as there are persons who have attempted to define the concept.’” (Yukl, 2010, p. 2). As convoluted as this concept may be, it is undeniable that such a complex behavior is not an easy task. Thus, there are several different approaches to studying leadership. Among these approaches is the situational approach. Situational Approach The situational leadership theory, developed by Dr. Paul Hersey and Ken Blanchard, focuses on the importance of contextual factors that manipulate leadership practices. “Major situational variables include the characteristics of followers, the nature of the work performed by the leader’s unit, the type of organization, and the nature of the external environment” (Yukl, 2010, p. 14). According to the situational leadership theory, the style of leadership that should be used is based on the maturity level of the followers. There are four types of maturity levels that range from high maturity to low maturity. Based on the maturity level of the group, there are four leadership styles that are appropriate: telling, selling, participating, and delegating (Hersey & Keilty, 1980). Strengths and Weaknesses The situational...

Words: 700 - Pages: 3

Premium Essay

One Minute Manager

...THE ONE MINUTE MANAGER By Ken Blanchard & Spencer Johnson "The One Minute Manager" is good and powerful for anyone who has a problem getting the most out of their staff. The emphasis is on setting goals and establishing clear expectations, praising people by catching them doing something right and correcting poor performance. It reveals three secrets to productive and efficient managing as told through a young man's search for the perfect managing and leading skills. It also finds a balance between being an autocratic manager, who cares only about the results, and a democratic manager, who cares only about the people. The lessons are imparted in the form of an interesting parable about a young man who has set out looking for world-class management skills. This book starts off with a young man in search of well balanced manager. The young man is initially unable to find any manager who can strike the correct balance between results and people. During the course of the story, the young man meets the One Minute Manager, a willing mentor who seems to have things well in control and plenty of time on his hands. He finds that a good man is an honest man, who leads by example and who genuinely cares for his people. He learns that the original One-Minute Manager has established certain precepts to ensure that a work group is individually more responsible. These ideas come to three simple techniques: • One Minute Goal, • One Minute Praising, and • One Minute Reprimand One...

Words: 629 - Pages: 3

Free Essay

Case 1

...Johnson, M.D., is an international bestselling author whose books help millions of people discover simple truths they can use to have healthier lives with more success and less stress.” (Spenser Johnson, 2002: 2) “The story of Who Moved My Cheese was created by Dr. Spencer Johnson to help him deal with a difficult change in his life. It showed him how to take his changing situation seriously but not take himself so seriously.” (Spenser Johnson, 2002: 3) 1.2 About Who Moved My Cheese The story Who Moved My Cheese is a parable which tells people “an amazing way to deal with change in your work and in your life.” (Spenser Johnson, 2002: Cover Page) The first part of the book is “The Story Behind The Story”, which is written by Kenneth Blanchard, Ph.D. In this part, he shows what each character stands for in our true life in his opinion and what glamour the little story can stimulate people. The second part, we can also include it into the story who...

Words: 2776 - Pages: 12

Premium Essay

Christopher Blanchard Case Summary

...A witness testified on October 29, 2015 that his former boss chose to pay fines for safety violations rather than pay to fix the actual safety issues. Christopher Blanchard is testifying against former CEO Don Blankenship under immunity. Mr. Blankenship was the CEO of the Upper Big Branch coal mine in Charleston, West Virginia and Blanchard was the company’s president. Because Blankenship lied to federal investigators about the mine safety and conspired to break mine safety laws, he currently faces up to 30 years in prison. Blanchard claims that miners were notified when the inspectors were on the property so that the workers could fix the problems before the investigators could discover them. Blanchard’s reasoning was that they “considered...

Words: 272 - Pages: 2

Premium Essay

Leadsership

...Q1 Greatest Leader A) One of the greatest leaders that have inspired myself, the world and other leaders has been Mohandas Gandhi (1869-1948). He became a great leader through using the concepts of love and truth to achieve his goals. Gandhi was a leader that challenged the most powerful nations by using peace, love, integrity as his method of change. He used the principle of non-violence protest to achieve political and social progress was powerful. Gandhi was influenced by Hinduism as well as Jainism and Christianity but also by great writers such as Tolstoy and Thoreau. He developed the belief of Satyagraha, a new non-violent way to restore wrongs. This was well demonstrated in the Salt March in 1930, where Gandhi and others were beaten, arrested and killed but no one fought back. Here his use to leadership behaviour was clearly illustrated. (Kouzes and Posner) Another example was he believed that Britain has a conscience that could appeal to, he used the teaching of the New Testament, “ one who enters into no dispute with his neighbor, he either attacks nor uses violence. On the contrary, he suffers himself without resistance and by his attitude towards evil not only sets himself free but helps to free the world at large from all outward authority.” This was Tolstoy’s version of a Christian man in his book, The Kingdom of God is within you, using this Gandhi fought for independence for India. Gandhi exemplified a number of characteristics of a great leader, he made...

Words: 1805 - Pages: 8

Premium Essay

Leadership In The Odyssey

...Furthermore, by examining the actions and reactions of the characters in The Odyssey, a clear connection can be made between the epic and the innate behavior that certain people have and others don’t. Paul Hersey and Ken Blanchard, who are both well-known authors, created a theory called the “Theory of Situational Leadership”. The theory proposes that a manager's leadership style should be flexible and be adaptable to the situation, the task at hand and the capabilities of the individuals involved. Accordingly, a leader may adopt one of four different styles: Directing Style, Coaching Style, Supporting Style, and Delegating Style. Their research shows that a leader of a Directing Style tends to have the leader in command and only focused on completing the task, rather than the relationship between his or her crew members. The author explains,”The leader provides clear...

Words: 448 - Pages: 2