...MGMT 1001 Assignment 2 – Report – 30% of Final Mark Report Focus: Write a report reflecting on your experiences of the Everest group simulation exercise this semester with reference to concepts and theories encountered in this course. Executive Summary Everest, a virtual game designed by Harvard Business School and Forio Business Simulations, forces players to challenge problems that arise and conquer them as a team. After viewing a frightening video that portrays the mountain climbing experience, students are arranged in groups of five and assigned different roles with varying description and goals, ranging from ambitious athletes to preservative environmentalists. Confronting numerous challenges such as oxygen scarcity, unpredictable weather and volatile health conditions, teams progress up the mountain, with the ultimate goal of reaching the summit. The game is intelligent in its simplistic design – it gives different goals and information to each player. The physician has knowledge on numerous diseases, but is unable to use it if the marathoner fails to announce her critical health condition – a probable situation as the game encourages players to hide the information. In hindsight, our team was given two attempts to complete the simulation. The first simulation was conducted with little experience and understanding of group members and roles. Formation of conspiracies led to discomfort due to conflicting personal goals, limited resources,...
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...The Root Beer Game Simulation John Doe TUI University ITM 436 Operations Mgmt and Operations Sys. John Doe, Ph.D. What I learn about supply chain management during this tutorial? Successful supply chain management is significant to the survival of today’s business. To review supply chain strategies and evaluate proposed changes that impact the business as a hole, supply chain managers should be able to assertively predict their network’s performance under a range of conditions. This apparently impossible task has urged a search for better software to help decision makers analyze the design and operation of their supply chain. Computer simulations have become the tool of choice. Since simulation capture real world system variability, a simulation program helps managers to better understand the supply chain as it presently exists. Most significantly, a simulation gives planners a realistic view of what will happen in their supply chain under conditions that do not currently exist, but might take place. The tutorial presented a distribution network for a root beer beverage. The simulation starts in week 16 of the inventory with 170,000 cases of root beer on backlog. Having product cases on inventory or backlog will add additional expenses to the company (inventory $.50/bottle and Backlog costs $1/bottle). The business objectives include reducing inventory and backlog cost. The simulation project provides managers a tool for supporting strategic supply chain decisions...
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...OIM 310 Intro to Management Science - The most frequently used methods in modeling and analyzing business and economic problems. The process of abstracting and model building, and the role of various types of models in description and decision making. OIM 320 Quality Management - Quality control concepts including: fundamental computer and statistical concepts: Statistical Process Control (SPC) using control charts; methods for quality improvement; acceptance sampling; industrial experimentation and reliability. OIM 321 Business Process Simulation - Computer simulation presented for carrying out trial-and-error experiments on computer approximations of real, management systems. The goal is to 1) validate a new idea quickly, 2) diagnose potential product design problems, 3) optimize performance of complex systems, and 4) learn about something complex. The Arena environment, based on the SIMAN language, used to build models and video game-like animations. Prerequisites: (FINOPMGT 347 or OIM 301) and (FINOPMGT 353 or OIM 310) OIM 322 Business Forecasting - Introduction to the uses, limitations, and shortcomings of various short-term and long-term forecasting techniques. Problems selected from accounting, finance, management and marketing. Prerequisite: upper-level Isenberg School of Management standing. OIM 410 Business Process Optimization OIM 412 Supply Chain Management - Integrated supply chain constitutes a core firm competency, spanning most business functions...
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...MGMT 1001 Assignment 2 : Report Henry Dinh Student Name : Henry Dinh Student ID: 3372774 Course: MGMT 1001 Tutorial Time: Friday 1pm Tutor’s Name: Noa Date: 24 / 05 / 2013 EXECUTIVE SUMMARY The Everest simulation is a five-player simulation requiring groups of students to work together to overcome challenges and obstacles in order to conquer the mountain and reach the summit. The designers, Harvard Business School, do their best in incorporating real life dangers such as unpredictable weather, fluctuating health conditions and oxygen scarcity into the virtual expedition. In doing so, teams must manage, plan organize and manage themselves so that they can perform effectively and achieve the ultimate goal of reaching the summit. In the simulation, the roles of being a physician, an environmentalist, the team leader, a photographer and a marathon runner, are delegated to each team member. If a team had more than five members, such as our team, the remaining members would assume the role of an observer. Each role had different personal information and goals tailored to them and the simulation encouraged players not to share personal information to others, thus mirroring real-life situations. In the past years, it has been shown that students generally learn from their mistakes in the first simulation and perform better in the second. However Team ‘_____ ’ deviated from this idea, starting with 50% and deteriorating to 38%. The major improvement in performance...
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...involve the identification, selection, implementation, testing and updating of processes and specific actions necessary to prudently protect criticial busin precesses from the effects of major system and network disruptions and to ensure the timely restoration of business ops if significant disruptions occur BCP and DRP BIA stands for Business Impact Analysis MTD stands for Maximum Tolerable Downtime first step in building BC program Project initiation and management activites of project initiation and mgmt 1) obtain senior mgmt support 2) define a project scope, the objectives, to be achieved and planning assumptions 3) estimate the project resources needed (human and financial) 4) Define a timeline and major deliverables Senior leadership's two major goals 1) Grow the business 2) Protect the brand What are the risk to a corporation for not having BC/DRP? 1) Financial 2) Reputational 3) Regulatory Formula for calculating financial risk P * M = C P: Probability of harm M: Magnitude of harm C: Cost of prevention Prudent man rule exercise the same care in managing the company affairs as in managing one's own affairs 1. Which of the following is considered the most important component of the enterprisewide continuity planning program? c. Executive management support 2. During the threat analysis phase of the continuity planning methodology, which of the following threats should be addressed? a. Physical security b. Environmental security c. Information security ...
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...MGMT 4900 Strategy, Policy and Planning Spring 2015 TuTh 12:30 – 1:45pm, BUSN 218 Instructor: | Xian Cao | E-mail: | Xian.Cao@Business.Uconn.Edu | Office:Phone: | School of Business 404(860)486-6423 | Office Hours: | TuTh 1:45 – 2:45pm and By Appointment | I. Course Description and Objectives Course Description: A strategy is an integrated and coordinated commitment designed to exploit a firm’s core competencies. Managers use a strategy to identify market opportunities, analyze competitors, and determine among competing alternatives to enhance the performance of their firms. A strategic decision requires managers to use resources appropriately with respect to external environments in order to help their firms create unique firm value and gain competitive advantages. In this sense, a strategy tells managers what the firm will do as well as what the firm will not do. MGMT 4900 introduces the key concepts, tools and principals of strategic management. It requires you to have an interdisciplinary perspective that uses the ideas, concepts, and theories from your functional courses such as Accounting, Economics, Finance, Marketing, Organizational Behavior, and Statistics. It requires you to take a general management perspective to evaluate and analyze policies in each above functional area and integrate them into an overall competitive strategy. Learning Objectives: * Clearly...
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...Perishable Inventory Theory: A Review Author(s): Steven Nahmias Source: Operations Research, Vol. 30, No. 4 (Jul. - Aug., 1982), pp. 680-708 Published by: INFORMS Stable URL: http://www.jstor.org/stable/170438 . Accessed: 04/05/2011 21:21 Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at . http://www.jstor.org/action/showPublisher?publisherCode=informs. . Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. INFORMS is collaborating with JSTOR to digitize, preserve and extend access to Operations Research. http://www.jstor.org Perishable Inventory...
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...29:623:311:01-08 Product & Opns Mgmt (Spring 2016) Instructor: Sheema Mirchandani Email: sheemam@andromeda.rutgers.edu Lecture: Mon/Thurs 8:30 AM – 9:50 AM Room CON100 Recitation: (Check your section time) Course Website: http://blackboard.rutgers.edu COURSE DESCRIPTION Key quantitative techniques essential for analyzing and improving business operations. Spreadsheet modeling of business decision problems, both with and without data uncertainty. Linear and integer programming optimization models. Elementary applied probability modeling and Monte Carlo simulation. COURSE MATERIALS Required Textbook(s): Introduction to Management Science, 11/E (Available in Book Store) Bernard W. Taylor ISBN - 10: 0132751917 ISBN - 13: 9780132751919 Course items in Blackboard LEARNING GOALS AND OBJECTIVES LGO1. Students will understand and be able to apply Key quantitative techniques essential for analyzing and improving business operations A. Students will be able to use spreadsheet modeling of business decision problems, both with and without data uncertainty in preparing assignments, projects, or term papers in other courses in the functional area business disciplines as well as in research projects in the workplace. B. Students will be able to employ spreadsheet software (e.g. Microsoft Excel) as a tool to assist in the solution of business problems. C. Students will have an awareness of ethical issues in conducting research, in optimization...
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...(Required) 2) Course Content in Angel. We will use everyday in class. Web page: http://angel.msu.edu Statement on Academic Integrity and Honor Code: It is assumed that all work done for credit will be the result of the individual’s or authorized group’s unaided effort. Your signature or personal submittal on any piece of submitted work will provide assurance that you have neither given nor received any unauthorized help in its preparation. Anyone who either gives or receives unauthorized assistance in the preparation of work at home or during exams in class will be subject to disciplinary action under the provisions and policies set forth by Michigan State University. The instructor will file an academic dishonesty report for each student who commits an academic integrity violation. Honor Code: A committee representing undergraduates has authored our Broad School Honor Code. This Honor Code will serve as our ethical guideline for ITM 309. Any evidence of violation of the Honor Code will be reported and will show up on your MSU student record. The full text for the Undergraduate Student Honor Code can be found at the following url: http://uas.broad.msu.edu/academics/honor-code/ Course Overview and Course Objectives...
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...order to achieve higher productivity and effectiveness. Lastly, leadership, despite the different theories relating to it, they all emphasise the importance of leadership in an organisation and it is always desirable. Table of contents Catalogue Title Page 1 Executive summary 1 Table of contents 2 Introduction 3 Body 3 Communication 3 Groups and Teams 5 Leadership 6 Conclusion 8 Appendices 9 Goals on Track 9 Team contract 9 Reference List 12 Introduction Throughout out the course of MGMT 1001, our assigned team with 7 members has conducted two simulations, during which each participant played different roles as climbers attempting to reach the summit. Both of the simulations were conducted face- to-face to in a computer lab to avoid communication problems. However during the second simulation, one issue arose. One of the teammates due to personal issue cannot show up. But having the previous experience of the first simulation, we managed to achieve a higher mark than the first time regardless of her absence. The purpose of this paper is to examine these experiences and results in terms of...
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...Certifications: A+ ACE Associate Project Manager CAPM Certification CBAP" - Certified Business Analysis Professional CCCI - Certified Computer Crime Investigator CCE - Certified Computer Examiner CCFT - Certified Computer Forensic Technician CCSA/CCSE Check Point CEECS - Certified Electronic Evidence Collection Specialist CEH - Certified Ethical Hacker CEIC - Computer and Enterprise Investigations Conference CFCE - Certified Forensic Computer Examiner CFE - Certified Fraud Examiner CFIA - Certified Forensic Investigation Analyst CHFI - Certified Hacking Forensic Investigator CIFI - Certified International Information Systems Forensic Investigator CISA - Certified Information Systems Auditor CISM - Certified Information Security Manager CISSP - Certified Information Systems Security Professional CISSP-ISSAP - Information Systems Security Architecture Professional CISSP-ISSEP - Information Systems Security Engineering Professional CISSP-ISSMP - Information Systems Security Management Professional CIW - Certified Internet Webmaster CNA - Certified Novell 5 Administrator CNE - Certified Netware Engineer CNSS 4013 Recognition CPE - Certified PGP Engineer - PGP Corporation CSA - Certified Security Analyst CSE - Certified Steganography Examiner CSFA - CyberSecurity Forensic Analyst CSICI - CyberSecurity Institute Certified Instructor CSIH - Certified Computer Security Incident Handler CSTA - Certified Security Testing Associate CSTP - Certified Security...
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...(BPM) is the activity of representing processes of an enterprise, so that the current process may be analyzed and improved. Typically performed by business analysts & managers seeking to improve process efficiency and quality. The process improvements identified by BPM may or may not require IT involvement, although that is a common driver behind modelling a business process. CA4 Business Process Modelling 30 Oct 2014 3 Business Process Modelling- The “Why?” • Business process modelling (BPM) helps companies in the following ways: + To become more process-oriented + To optimise business processes thro Process Change Mgmt: long term planning, execution & control of processes + To document and manage processes on an ongoing basis + To simulate processes using, i.a. Monte Carlo simulation & Discrete Event Simulation CA4 Business Process Modelling 30 Oct 2014 4 • Business Process Modelling Notation Why BPM Notation (BPMN)? => a notation that can be understood by all business users. + i.e. business analysts (creating initial drafts of processes) + • + &...
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...LS], gantt chart [proj. schedule, Est. St and finish and precedence relations] Cost-time trade-offs: finish early [more workers] but costs inc, indirect cost [depreciation, adminis], direct [labor, material]; crash time [shortest time to complete activity]-> crash cost associated. Risk: measure of prob. And conseq of not reaching project goal, ((risk-mgmt plan: identify key risks, ways to avoid them-> strategic fit [project not linked with org goals], product/serv attribute [new pro/serv, risks, competition, lawsuits], project team capability [size, complexity of project], operations [risks, less accuracy, comm, estimates])) Simulation-> use random no. see random variation on performance measure: 3 estimates op(a), most likely time(m), pes(b) Monitoring and controlling project- PROJECT STATUS: open issues [resolve it], risks [might delay proj], schedule status [chk slack time to maintain schedule]; PROJECT RESOURCES: Resource Leveling [chk ES LS and shift schedule], Allocation [take out from high slack and assign to most imp act] and Acquisition [add overloaded/ scarce resource]; CONTROLLING PROJECT: prep final report, give reco to imp processes. PLC [DOPE C] Excessive Activity Duration Estimates, Latest date mentality, Failure to deliver early, Path Mergers, Multitasking, Loss of Focus Project Analysis: documentation and detailed understanding of how work is performed and how it can be redesigned. 1. Identify opportunities: customer satisfied? Room for...
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...UNDERGRADUATE REGULATIONS & SYLLABUSES 2014 - 2015 THE FACULTY OF SOCIAL SCIENCES TABLE OF CONTENTS MESSAGE FROM THE DEAN ............................................................. 3 UNDERGRADUATE PROGRAMMES ................................................ 4 ACADEMIC CALENDAR 2014-2015 ................................................ 5 DEFINITIONS ...................................................................................... 13 GENERAL INFORMATION & REGULATIONS .............................. 14 General Regulations for Bachelor of Science Degrees 14 Special Regulations for Degrees in Hospitality and Tourism Management........................................................... 27 Franchise Agreements .......................................................... 27 EVENING UNIVERSITY -GENERAL INFORMATION & REGULATIONS ................................................................................... 28 General Regulations for Bachelor of Science Degrees 28 General Regulations for Diploma Programmes ............ 36 General Regulations for Certificate Programmes ......... 37 STUDENT PRIZES .............................................................................. 38 CODE OF CONDUCT ........................................................................ 39 UNIVERSITY REGULATIONS ON PLAGIARISM .......................... 40 THE ACADEMIC SUPPORT/ DISABILITIES LIAISON UNIT (ASDLU) ..............................................................................................
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...MGMT 4950 STRATEGIC MANAGEMENT FALL 2009 10:00-11:20 AM TR; BU 101 Instructor: Dr. Gerald E. Calvasina Office: 309B Business Phone: 586-1976 E-Mail calvasina@suu.edu Office Hours: 11:30 AM – 1:00 PM T R 10:00 AM – 12:00 Noon W Other by appointment REQUIRED TEXTS: Essentials of Strategic Management; John E. Gamble and Arthur A. Thompson Jr., 2009, ISBN-13 (978-0-07-353030-7) The Business Strategy Game – www.bsg-online.com ALL STUDENTS MUST REGISTER- Registration Codes will be distributed in class. REQUIRED READING: REQUIRED READING:A Guide to Case Analysis (Student Center section of the website for the text at http://highered.mcgraw-hill.com/sites/0073530301/student_view0/ RECOMMENDED READING MATERIAL: The Wall Street Journal, Fortune Magazine, & Business Week PRE-REQUISITES: Advanced Standing and Seniors only (preferably in last semester of program. COURSE DESCRIPTION: This is a capstone course for seniors covering the concepts of strategic management and developing perspective, judgment and facility in problem solving in interrelated areas of distribution, personnel, finance, control and the social aspects of business. COURSE OBJECTIVES: 1. To develop a holistic perspective of an organization which integrates the concepts, skills, and principles learned in previous functional area courses (e.g. Marketing, Finance, Accounting) 2. To develop an appreciation and understanding of the role of...
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