affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Course Description This course prepares graduate students to apply statistics and probability concepts to business decisions in organizations that focus on process improvement. Students learn criteria for developing effective research questions, including the creation of appropriate sampling populations and instruments. Other topics include descriptive statistics, probability concepts
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Introduction The paper provides an overview of the Riordan Manufacturing Company and explains the purpose of the Corporate Compliance Plan. Next, the paper emphasizes four main issues which are Enterprise and Product Liability, Real and Intellectual Property, Governance and International Law related to Riordan's situation. The paper concludes with the Riordan's future legal responsibilities that can affect workforce productivity, customer relationships and customer relationships. 1. Organization Overview
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Strategic Plan Paper Strategic Plan Paper Riordan Manufacturing recognizes the fact that they are an industry leader in plastic injection molding and supplier of plastic medical devices. Riordan also recognizes that they are not progressing in the industry as they would like. Recognizing the need to create better value products which will increase sales is the first step in this plan for sustainability. Riordan needs to obtain new customers. In order to do this, they must predict customer
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In order to operate at an efficient level Riordan will need to add implement the use of databases, which will streamline their operations. With the company having 550 employees and earning $46 million a year Riordan is a successful Fortune 100 company. The company has three different plants they use to produce the plastic products. The plant located in Albany, Georgia is responsible for the manufacturing the plastic beverage bottles for various vendors. Its plant in Pontiac, Michigan develops
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Running head: VIRTUAL ORGANIZATION STRATEGY PAPER Virtual Organization Strategy Paper The competitive nature of businesses is a direct reflection of a strong management team. In order for a company to remain competitive the management team must remain innovative, knowledgeable of the market, and open to new ideas. Expanding operations may be one way that the management team decides to stay ahead of the competition. Expansion may not only create growth, but it may create value, wealth,
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Supply Chain Design Paper Review: The Riordan Manufacturing Virtual Organization Harlan Gary OPS/571 18 August 2014 Patricia Ford Create a sales forecast for electric fans using selected techniques Riordan Manufacturing sales forecast for the demand of fans is based on 2006 and 2007 average sales for the last 24 months and projections increasing the amount in the third year. The purpose of this sales plan is to help the sales organization prioritizes activities and resources for 2006
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Introduction The purpose of this paper is to identify the functional areas of Riordan Manufacturing industry. In this paper, the reasons for the organization’s existence will be identified through an analysis of the mission, vision, values, and goals of the organization. Additionally, an analysis of the type of organizational structure employed by the business will be addressed as well as key positions
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Resources: "Using the New COSO Risk-Management Guidance" article and the Riordan Virtual Organization located on the student website, and the Committee of Sponsoring Organizations of the Treadway Commission (COSO) website at www.coso.org. Read the article "Using the New COSO Risk-Management Guidance". Read The Executive Summary of the article Enterprise Risk Management — Integrated Framework at the COSO website: • On the home page, click the Guidance tab. • Select the Enterprise Risk Management
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Supply Chain Design Paper Operations of Management/OPS-571 Andres Carrillo September 14, 2015 Introduction Riordan Manufacturing is a global plastics manufacturer of beverage containers, parts, and fan parts. The organization provides products for automotive parts manufacturers, aircraft manufacturers, the Department of Defense, and appliance manufacturers. The company was initially founded as Riordan Plastics, Inc. in 1991. Riordan’s focus was on research and development and licensing of
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Introduction Riordan Manufacturing a global plastics organization employing 550 people with plants in Albany Georgia, Pontiac Michigan, and Hangzhou China. Dr. Riordan a professor of chemistry founded the company in 1991 with many polymers processing patents. In 1992 Dr. Riordan bought the Pontiac plant manufacturing plastic fans, then the purchase of the Albany in 1993 for their plastic beverage capabilities. The year 2000 saw the purchase of the China plant, where the fan manufacturing has been moved
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