iodice-midtermexam - Iodice Midterm Midterm Exam Operations...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Iodice Midterm Midterm Exam Operations Management QSO 600 Operations Management The mid-term exam consists of two parts. Both parts shall completed using the midterm examination template. The completed examination shall be submitted via Blackboard for grading. The first part consists of five (5) research-based case study questions. Be sure to cite any appropriate reference material. The second part of the examination shall consist of five (5) problem from the material covered during Modules 1-5 inclusive. Students must show their work for full credit. Answer all the questions. Case Study Questions: There is no set length for answers; students may be as verbose or brief as they feel necessary to cover the question. Use this same exam document for your answers, placing them below each question. This portion of the exam is worth 75 points. Problem Questions: Make sure to show all your work to get full credit. The instructor needs to know the formulas and calculations you used to get to your final answer. You can do part of the exam in Excel and Paste your Excel work into this document. This portion of the exam is worth 75 points. File Convention: File name for the exam attachment to be studentlastname-finalexam (Be sure there are no spaces) Be sure to put your name on the exam paper. Note: You may use the text and any other materials. You are NOT to work with anyone else including other students in completing the exam nor discuss it with them.
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Iodice Midterm QSO 600 Midterm Exam Essay Questions Question 1: You are designing a grocery delivery business. Via the internet, your company will offer staples and frozen foods in a large metropolitan area and then deliver them within a customer-defined window of time. You plan to partner with two major food stores in the area. What should your competitive priorities be and what capabilities do you want to develop in your own core and support processes? Is it possible for a project to have more than one critical path? Discuss the implications of such a situation with respect to each of the following aspects: a. Project risk b. Total available slack c. Resource dependencies d. Responsibilities of the project manager Answer: There are several competitive priorities and capabilities that I would need to consider / focus on. First is cost. In the grocery business, cost is a huge factor in staying competitive. As this is a delivery business and there would not be the typical overhead of physical stores to staff, the cost factor will come in the form of inventory and transportation. A Just In Time inventory system will help with the cost factor. Second would be the speed of delivery. Adequate inventory would need to be maintained and this can be accomplished using the Economic Order Quantity formula.
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern