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Euro Watch Case Study

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Management Information System Case Study on Terrorists Watch List Database

...From this case study we have found out that combined efforts towards counter terrorism are being made by various agencies by creating a terrorist watch list. Terrorist Screening center or TSC is the organization created to organize and standardize information about suspected terrorist from various government agencies such into a single list. Records there only contain sensitive but unclassified information about the suspects. The database is daily updated with new nominations, modification and deletion. Various agencies that provide the valuable information to TSC are FBI, CIA, National Security Agency, Transportation security administration, Department of Homeland Security, State Department, Customs and Border Protection, secret service, U.S. Marshall Service, and the Whitehouse airlines. The unification of various terrorism databases has been a huge step towards combating terrorists, the project has been quite slow in implementing itself to its full potential as information from 12 different agencies provides them with large amount of data and the TSC has not been able to process it all. Besides the huge database the modification made daily also makes it hard for them in the integration process. Even though this step makes great difference in countering terrorism, it still has many drawbacks that affect the innocent public too.   Reports from both the government accountability office and the office of the inspector general assert that the watch list contains several......

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Case Study

...Case Study: Disney in France1 Until 1992, the Walt Disney Company had experienced nothing but success in the theme park business. Its first park, Disneyland, opened in Anaheim, California, in 1955. Its theme song, "It's a Small World After All," promoted "an idealized vision of America spiced with reassuring glimpses of exotic cultures all calculated to promote heartwarming feelings about living together as one happy family. There were dark tunnels and bumpy rides to scare the children a little but none of the terrors of the real world . . . The Disney characters that everyone knew from the cartoons and comic books were on hand to shepherd the guests and to direct them to the Mickey Mouse watches and Little Mermaid records. The Anaheim park was an instant success. In the 1970s, the triumph was repeated in Florida, and in 1983, Disney proved the Japanese also have an affinity for Mickey Mouse with the successful opening of Tokyo Disneyland. Having wooed the Japanese, Disney executives in 1986 turned their attention to France and, more specifically, to Paris, the self-proclaimed capital of European high culture and style. "Why did they pick France?" many asked. When word first got out that Disney wanted to build another international theme park, officials from more than 200 locations all over the world descended on Disney with pleas and cash inducements to work the Disney magic in their hometowns. But Paris was chosen because of demographics and subsidies. About 17 million......

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Euro Disneyland - a Case Study

...of management & entrepreneurship | EURO DISNEYLAND CASE ANALYSIS | CCM ASSIGNMENT | | | Augustine George (32)Balaji Subramanian (36)David Aditya Solomon (45)Eliza Mathew (52)Eliza Pani (53) | | EXECUTIVE SUMMARY The given case “Euro Disneyland” elaborates about the issues faced by the Walt Disney Company when expanding to international borders. It first begins with the history of how Disneyland became so successful and expanded to various states across the country. It then describes about its first international success namely the Tokyo Disneyland and the factors affecting it. The case then describes Disney’s decision of expanding into Europe. The various differences and problems faced in setting up of the amusement park. Some of the major issues in setting up of the park were: * Cultural differences between the European and the American market * Environmental and location factors for setting up the amusement park * Financing and initial business plan were not analysed thoroughly in synchronisation with external economic factors * French labour laws were not taken into account while inducting the workforce * Management issues such as different attractions in the park It was understood that the chief reason for Euro Disney’s failure was a lack of understanding of European culture on Disney’s part. Based on the understanding from the case following recommendations were made: * A study in history and an understanding of the......

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Will the Euro Survive Case Study

...Will the Euro Survive? 1. Why are Greece, Ireland, Italy, Portugal, and Spain sometimes referred to as the euro zone’s “peripheral countries”? * Greece, Ireland, Italy, Portugal, and Spain are the poorest in European Union. They are poor because of the unefficient and unsupporting system of the country to join the EU one-currency and trading system. * Greece, Ireland, Italy, Portugal, and Spain are exploited by the centre EU countries. * Their contribution in developing and maintaining the welfare of EU countries is too small compares to the contributions of other EU countries. 2. Why did the European Commission bail out banks in Ireland and Greece? Why not let them default? The European Commission bailed out banks in Ireland and Greece for some reasons. First, it was done to keep EU existing and to keep Euro as hard currency. If banks in Ireland and Greece couldn’t pay their debts, a domino-effect would happen to banks in another countries. That would lead to worse condition of EU economy. 3. Investors demand that Portugal’s Jose Socrates and other leaders make big spending cuts. However, Socrates and other socialist prime ministers would prefer to generate economic growth via government spending. Does this make Socrates, Zapatero, and like-minded leaders Keynesians? Or are they following Hayek’s principles? Policies that are taken by Socrates and Zapatero tend to follow Keynesians point of view, which mainly states that optimal economic......

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Trouble with the Terrorist Watch List Database Case Study

...Trouble with the Terrorist Watch List Database Case Study 1. What concepts in this chapter are illustrated in this case? Many of the advantages (and shortcomings) of database management systems (DBMS) are illustrated by the terrorist watch list case study. For instance, the watch list solves some of the problems of traditional file environment by reducing redundancy (each agency with some responsibility for homeland security maintaining its own separate list). Also, ideally the list should minimize data inconsistency. DBMS includes tools for accessing and manipulating the information in the database (test, p. 245). This should be helpful on a terrorist watch list in which changes, deletions and retrieval of data may be required by multiple users. 2. Why was the consolidated terrorist watch list crated? What are the benefits of the list? The list was created in the aftermath of the 9-11 attacks, when critics of US intelligence suggested that the lack of shared information among intelligence agencies was partially responsible for our vulnerability to attack. Specifically, the list was created “to organize and standardize information about suspected terrorists…into a single list to enhance communication between agencies.” Prior to creation of the list, these agencies “lacked a consistent process to share relevant information concerning the individual’s on each agency’s list.” The benefits of the list include its daily updating, which keeps it current. ......

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Euro Watch Case Study

...Euro Watch Company Report 1 ) The Euro Watch Company assembles expensive wristwatches and then sells them to retailers throughout Europe. The watches are assembled with two assembly lines with below specification: Line 1: Old equipment Less reliable Defect rate of 2% Capacity: 500 watches per hour Line 2: New equipment More reliable Defect rate of 1% Capacity: 500 watches per hour We need to find the smallest number of defected watches each line produces independently in a given hour with success rate of 99% The distribution is a binomial distribution since we have 500 independent and identical trials with a certain probability of success and we see a defected or non- defected option therefore in the excel file we should use the command BINOMDIST. Number of trials is 500 and for cumulative we should consider 1 as we want to have the probability of less than or equal to K defects. As we can see in below tables the smallest defected number that reaches the rate of 99% is 18 watches for line 1 and 11 defected for line 2, which is obvious since line 2 is newer, and with lower defect rate. line 2 99% 1% 500 Line 2 Line  line 1 Defect-free 98% Defective 2% Made watches per hour 500 Defected amount (k) Line 1 Defected amount (k) 0 0.0000 1 0.0005 2 0.0026 3 0.0098 4 0.0281 5 0.0652 6 0.1276 7 0.2175 8 0.3305 9 0.4567 10 0.5830 11 0.6979 12 0.7935 13 0.8667 14 0.9186 15 0.9530 16 0.9743 17 0.9866 18 0.9934 19 0.9969 20 0.9986 21......

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Euro Watch Company

...Fall 2007 The Euro Watch Company assembles expensive wristwatches and then sells them to retailers throughout Europe. The watches are assembled at a plant with two assembly lines. These lines are intended to be identical, but line 1 uses somewhat older equipment than line 2 and is typically less reliable. Historical data have shown that each watch coming off line 1, independently of the others, is free of defects with probability 0.98. The similar probability for line 2 is 0.99. Each line produces 500 watches per hour. The production manager has asked you to answer the following questions. 1. She wants to know how many defect-free watches each line is likely to produce in a given hour. Specifically, find the smallest integer k (for each line separately) such that you can be 99% sure that the line will not produce more than k defective watches in a given hour. (Hint: Use CRITBINOM(*,*,*) function in Excel.) 2. EuroWatch currently has an order for 500 watches from an important customer. The company plans to fill this order by packing slightly more than 500 watches, all from line 2, and sending this package off to the customer. Obviously, Euro Watch wants to send as few watches as possible, but it wants to be 99% sure that when the customer opens the package, there are at least 500 defect-free watches. How many watches should be packed? 3. EuroWatch has another order for 1000 watches. Now it plans to fill this order by packing slightly more than one hour's production from......

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Case Study Euro Watch Company

...Euro Watch Company Report 1 ) The Euro Watch Company assembles expensive wristwatches and then sells them to retailers throughout Europe. The watches are assembled with two assembly lines with below specification: Line 1: Old equipment Less reliable Defect rate of 2% Capacity: 500 watches per hour Line 2: New equipment More reliable Defect rate of 1% Capacity: 500 watches per hour We need to find the smallest number of defected watches each line produces independently in a given hour with success rate of 99% The distribution is a binomial distribution since we have 500 independent and identical trials with a certain probability of success and we see a defected or non- defected option therefore in the excel file we should use the command BINOMDIST. Number of trials is 500 and for cumulative we should consider 1 as we want to have the probability of less than or equal to K defects. As we can see in below tables the smallest defected number that reaches the rate of 99% is 18 watches for line 1 and 11 defected for line 2, which is obvious since line 2 is newer, and with lower defect rate. line 2 99% 1% 500 Line 2 Line  line 1 Defect-free 98% Defective 2% Made watches per hour 500 Defected amount (k) Line 1 Defected amount (k) 0 0.0000 1 0.0005 2 0.0026 3 0.0098 4 0.0281 5 0.0652 6 0.1276 7 0.2175 8 0.3305 9 0.4567 10 0.5830 11 0.6979 12 0.7935 13 0.8667 14 0.9186 15 0.9530 16 0.9743 17 0.9866 18 0.9934 19 0.9969 20 0.9986 21......

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Euro Disney Case Study

...visitors out of its targeted 5.6 million * Many visitors complained the park was too small and had little to excite the visitor * Guests’ complete lack of knowledge of the Disney characters provided to be a hurdle in China * Chinese tourists were unfamiliar with Disney’s traditional stories, they were bewildered by the parks’ attraction * Advertising missed the mark by featuring a family with 2 kids when it is against the law to have more than one in China * Hong Kong lost more than 170 billion in each of the last two years 2. To what degree do you consider that these factors were foreseeable and controllable by EuroDisney, Hong Kong Disney or the parent company, Disney? Most of the problems mentioned in the case (including both EuroDisney and Hong Kong Disney) were foreseeable and controllable since they were based on cultural adaptation. Disney did not look far enough into the cultural values, norms and standards of the foreign environment they were expanding into. If they had done more research, the company could have mitigated a lot of the risk that came with entering into foreign territory. Disney failed to adapt which is a crucial part of market expansion. The company should’ve created a business strategy that combined the traditional values of the company while emphasizing those of the European culture. There were some factors that were uncontrollable. Specifically, these were external factors that had to do with the Gulf War, recession......

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Euro Disney - Case Study

...1. Identify the key accounting policies (step 1) and primary areas of accounting flexibility (step 2) for Euro Disney Key accounting policies • Euro Disney Associés has opted for financial lease. The firm leases the Disneyland Park from Euro Disneyland S.N.C. EDL Hotels S.C.A., which is owned for 99,99% by Euro Disney Associés, leases the hotels from a specialpurpose financing company. • The special-purpose financing companies are fully consolidated in Euro Disney’s financial statements. The substance of the relationship between the group and these financing companies is such that they are effectively controlled by the group. Areas of accounting flexibility • The personnel is transferable between the park and the hotels and vice versa. This way, the company copes with the fact that 90% of the employees have a permanent contract. • Euro Disney can defer the payments of interest, royalties and management fees that it has to pay to The Walt Disney company, when the actual performance is less than the contractually agreed benchmark. • The debt covenants limit the amount of new debt capital that Euro Disney can attract to $50 million. 2. What incentives may influence managing reporting strategy (step 3)? • The CEO of the Gérant, Philippe Gas, could obtain a discretionary annual bonus based on the individual performance relative to the objectives of the company. Moreover, he also obtains discretionary grants of......

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Euro Disney Case Write Up

...Euro Disney: The First 100 Days Disney products, including films and television shows, had been sold in Western Europe for over 50 years. In 1988 European sales accounted for 25% of all Disney product licensing sales. This is one of the main points that need to be considered while evaluating the opportunity. Europeans were already familiar with Disney products and they appeared to be very receptive to it. Another major point that needs to be considered to evaluate the project is the population and how easily they can access Disney Park. European population exceeded that of the United States by 150 million in roughly one-half of the land mass. This meant that Disney would be accessible to more number of people who lived closer to it than in the United States. Also, Europe had a lot of holiday destinations such as Paris, Madrid and London. This means that a large number of people from outside Europe would be visiting these places and they could also be added to the number of potential people who would visit the park. European vacation practices also would play a major role in setting up a park there as they took upwards of five weeks of vacation a year, whereas most Americans took only two or three. The choosing of location in Paris, France was a wise decision as it was almost at the center of Europe. Seventeen million people lived within two hours; of the site by car, 109 million people lived within six hours of the site by car, and 310 million people could reach the......

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Evaluate the Case for the Uk Joining the Euro

...Evaluate the case for the UK joining the Euro There has been much dispute over whether the Euro has been a success and as to whether Britain should drop the pound and become the latest country to join the Euro. There are many advantages for and against the case for the UK joining the Euro which this essay will evaluate. One of the key advantages that adopting the Euro would bring to the UK is the lower costs of exchange associated with a single currency. When Britain trades with Europe they must pay the exporter in Euro’s and to obtain the currency they must pay a charge to banks. This is a significant cost which is usually passed on to consumers through higher prices. This is a very significant benefit considering for the EU as a whole the transaction costs involved with trading between each other are estimated at 0.4% of EU GDP. Associated with this is also price transparency; using a single currency makes it much easier for consumers and business to compare relative prices between prices. This also leads to improvements in allocative efficiency which in turn increases consumer welfare, however, when compared to other factors this gives relatively small financial gains for Britain. Joining the Euro would also increase Foreign Direct Investment. Many argue that the high amount of FDI that Britain currently receives could be at threat in the long-term if the UK doesn’t adopt the Euro. By removing a currency, which is a barrier to trade, membership of the Euro could......

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Case Study Smart Watch

...Case Study: Microsoft Smart Watch 1. Is the Smart Watch a good idea? - first there is to state that the idea was very innovative even though parts of the technology were already available on the market Positive: - using the existing platform Msn in order to maintain the flow of information - not too expensive - further developed than the ones of their competitor such as Message Watch or the Internet Messenger Watch - just providing the technology and not launching the produduct on its own Negative: - too many system like the Internet or Cell phones were doing the same job better - the target customer were mostly in possession of either one of the mentioned items - monthly or annual pay - using a brand like fossil who just targets a market with lower income - the time when the product was launched was too late - the watch just was not as fashionable as they predicted - Smart Watch was nothing which was created out of the customers demand - A watch which needs to be recharged on a 3 to 5 day basis? The outcome definitely was that Smart Watch was a bad idea! 2. How have the SPOT developers come to believe in their product? Have they been objective? - the idea of the Smart Watch was developed during the research of inexpensive operating systems for “smart personal objects” - it has not been developed out of consumers demand! - Therefore customers have not been involved in......

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Case Analysis: Euro Disney

...Case Analysis: Euro Disney There are many environmental issues that affect businesses when entering a foreign market, the main environmental factors that will be discussed is as follows: technological, economic, social, political, and demographic. Each factor will impact the business different and cause various degrees of impacts on the company and its decision to enter a foreign market. Euro Disney, a foreign division of Walt Disney Company; is located France and opened in 1992 to service the people of France. Researchers had discovered that like the many people in the United States, foreigners also were attracted to the whole them park idea. When Disney decided to launch Euro Disney, many issues were bough up and many environmental issues were faced; in this paper these issues will be briefly discussed. First off the cultural differences that existed between the US and France had to be discussed and worked out, for example the weather in France was an issue when determining rather the park would be a success or not along with the staff who would ultimately become family to the Disney Corporation. Fist off the economic factors, which are usually income, expenses, and resources; that Disney faced when deciding to build Euro Disney were easily noticed and overcame. Issues such as attraction and income it generated played a huge part in the economic factors, in the beginning Euro Disney estimated that during the first year it would attract 11 million visitors achieving...

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An Evaluation of the Advantages and Disadvantages of Adopting the Euro. a Case Study of the Uk

...disadvantages of adopting the Euro. A case study of The UK I. Introduction According to European Commission (2011a), a new common currency in Europe was announced on the first day of January 1999. At that time, there were eleven European countries decided to join the Euro and the Euro was introduced instead of their own currencies. The Euro has been adopted as a main currency of the country members, including Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxemburg, the Netherlands, Portugal and Spain. In order to be accepted to use the Euro, these countries had to agree with the conditions called “convergence criteria” about the price and exchange-rate stability, long-term interest rates, total government debt, government budget deficits, and central bank independence. These aspects will be discussed specifically in this essay. In the early stages of announcing and using the Euro, four members of the EU still remained separate from the Euro, namely Denmark, Great Britain, Greece, and Sweden. Later, in 2000, Greece changed its decision to accomplish the agreement. In 2001, it started adopting the Euro. At the present time, there are 17 out of 27 EU countries using the Euro as an official currency, which makes it become one of the most important currencies in the world. In the future, apart from Denmark and Britain, all other members of the EU will adopt the Euro. It should be known that only Latvia and Romania have a target date for joining the Euro in......

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Euro Disneyland - a Case Study

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Will the Euro Survive Case Study

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Disney Company Case Study

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Trouble with the Terrorist Watch List Database Case Study

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Tjx Companies Case Study

...T.J.X. Companies, Inc. Final Case Study Report Nichols College T.J.X. Companies, Inc. is the leading off-price apparel and home fashions retailer in the United States and worldwide, ranking number 115 in the most recent Fortune 500 listings. They have the broadest demographic reaches in retail, all of which have enabled them to achieve successful, and profitable growth year after year, through many types of economic and retail cycles. With over 3,000 stores in six countries, approximately 179,000 associates and a fresh e-commerce presence, and they are growing faster than ever (“About the TJX Companies, Inc.,” 2014). Through T.J.X. Company’s innovative buying and sourcing strategies, they discover and deliver value for shoppers in many ways. Their goal is to provide customers with quality merchandise for the entire family, every day. Value means more than price to T.J.X. Company professionals; buyers are trained to recognize that true value is a combination of fashion, quality, brand and price. T.J.X Companies are known for their brand name and designer fashions at 20-60% off department store prices. They are able to do this by purchasing merchandise from designers when they over produce or other department stores over purchase. They go in during these certain situations and negotiate the lowest possible price to pass on the savings. How they buy is just as important as what they buy. They pride themselves in never having the same selection twice with new......

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Euro Watch Case Study

...Euro Watch Company Report 1 ) The Euro Watch Company assembles expensive wristwatches and then sells them to retailers throughout Europe. The watches are assembled with two assembly lines with below specification: Line 1: Old equipment Less reliable Defect rate of 2% Capacity: 500 watches per hour Line 2: New equipment More reliable Defect rate of 1% Capacity: 500 watches per hour We need to find the smallest number of defected watches each line produces independently in a given hour with success rate of 99% The distribution is a binomial distribution since we have 500 independent and identical trials with a certain probability of success and we see a defected or non- defected option therefore in the excel file we should use the command BINOMDIST. Number of trials is 500 and for cumulative we should consider 1 as we want to have the probability of less than or equal to K defects. As we can see in below tables the smallest defected number that reaches the rate of 99% is 18 watches for line 1 and 11 defected for line 2, which is obvious since line 2 is newer, and with lower defect rate. line 2 99% 1% 500 Line 2 Line  line 1 Defect-free 98% Defective 2% Made watches per hour 500 Defected amount (k) Line 1 Defected amount (k) 0 0.0000 1 0.0005 2 0.0026 3 0.0098 4 0.0281 5 0.0652 6 0.1276 7 0.2175 8 0.3305 9 0.4567 10 0.5830 11 0.6979 12 0.7935 13 0.8667 14 0.9186 15 0.9530 16 0.9743 17 0.9866 18 0.9934 19 0.9969 20 0.9986 21......

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Bottling Company Case Study

...Assignment 1: Bottling Company Case Study In this project we were given the case of customer complaints that the bottles of the brand of soda produced in our company contained less than the advertised sixteen ounces of product. Our boss wants us to solve the problem at hand and has asked me to investigate. I have asked my employees to pull Thirty (30) bottles off the line at random from all the shifts at the bottling plant. The first step in solving this problem is to calculate the mean (x bar), the median (mu), and the standard deviation (s) of the sample. All of those calculations were easily computed in excel. The mean was computed by entering: =average, the median by: =median, and the std. dev. by: = = std dev. The corresponding values are x bar = 14.87, mu = 14.8, and s = 0.550329055. The next step in solving the problem is to construct a 95% confidence interval for the average amount of the company’s 16-ounce bottles. The confidence interval was constructed by drawing a normal distribution with c = 95%, a = 0.050, and Zc = 0.025. The Zc value was entered into the Z◘ (z box) function in the Aleks calculator that resulted in a Z score of +1.96 and -1.96. We calculate the standard error (SE) by dividing the s by the Square root of n which is the sample size. The margin of error is calculated by multiplying the z score = 1.96 by the std. dev. = 0.5503/the square root of n = 5.4772. The result is a 0.020 margin of error. The margin of error is added to and subtracted from...

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Euro Watch Company

...Fall 2007 The Euro Watch Company assembles expensive wristwatches and then sells them to retailers throughout Europe. The watches are assembled at a plant with two assembly lines. These lines are intended to be identical, but line 1 uses somewhat older equipment than line 2 and is typically less reliable. Historical data have shown that each watch coming off line 1, independently of the others, is free of defects with probability 0.98. The similar probability for line 2 is 0.99. Each line produces 500 watches per hour. The production manager has asked you to answer the following questions. 1. She wants to know how many defect-free watches each line is likely to produce in a given hour. Specifically, find the smallest integer k (for each line separately) such that you can be 99% sure that the line will not produce more than k defective watches in a given hour. (Hint: Use CRITBINOM(*,*,*) function in Excel.) 2. EuroWatch currently has an order for 500 watches from an important customer. The company plans to fill this order by packing slightly more than 500 watches, all from line 2, and sending this package off to the customer. Obviously, Euro Watch wants to send as few watches as possible, but it wants to be 99% sure that when the customer opens the package, there are at least 500 defect-free watches. How many watches should be packed? 3. EuroWatch has another order for 1000 watches. Now it plans to fill this order by packing slightly more than one hour's production from......

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Case Study Euro Watch Company

...Euro Watch Company Report 1 ) The Euro Watch Company assembles expensive wristwatches and then sells them to retailers throughout Europe. The watches are assembled with two assembly lines with below specification: Line 1: Old equipment Less reliable Defect rate of 2% Capacity: 500 watches per hour Line 2: New equipment More reliable Defect rate of 1% Capacity: 500 watches per hour We need to find the smallest number of defected watches each line produces independently in a given hour with success rate of 99% The distribution is a binomial distribution since we have 500 independent and identical trials with a certain probability of success and we see a defected or non- defected option therefore in the excel file we should use the command BINOMDIST. Number of trials is 500 and for cumulative we should consider 1 as we want to have the probability of less than or equal to K defects. As we can see in below tables the smallest defected number that reaches the rate of 99% is 18 watches for line 1 and 11 defected for line 2, which is obvious since line 2 is newer, and with lower defect rate. line 2 99% 1% 500 Line 2 Line  line 1 Defect-free 98% Defective 2% Made watches per hour 500 Defected amount (k) Line 1 Defected amount (k) 0 0.0000 1 0.0005 2 0.0026 3 0.0098 4 0.0281 5 0.0652 6 0.1276 7 0.2175 8 0.3305 9 0.4567 10 0.5830 11 0.6979 12 0.7935 13 0.8667 14 0.9186 15 0.9530 16 0.9743 17 0.9866 18 0.9934 19 0.9969 20 0.9986 21......

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A Case Study of Abc Company

...A Case Study of ABC Company COMM/215 Essentials of College Writing 8 May 2014 A Case Study of ABC Company What follows below is an analysis of the ABC Company’s hiring and training practices. In reviewing the events as described, many issues have surfaced regarding the assigned recruiter, Carl Robins and the human resources and training practices of the ABC Company. There are numerous examples of disorganization, lack of following through and areas of overlapping responsibilities, requiring a possible reorganization of the business itself. Although the Case Study does not specify, for the purposes of analysis it is assumed that there are separate Human Resources and Training Departments within the company, for, in today's business world, it would be difficult to imagine a company structure that did not include these two key departments. Initially, there appears to be a definite lack of coordination, planning and follow-through of the newly hired recruiter, Carl Robins. There are many incidents that demonstrate his lack of follow-through in the entire hiring and training processes. Many questions arise that deserve to be asked and examined. For example, 1) Why did he not immediately follow-through with the newly hired employees to ensure all required paperwork was properly and timely completed? 2) Did he assume that the Human Resource Department or Monica, the Operations Supervisor would follow-through with the scheduling of drug testing, physicals, etc. of......

Words: 1291 - Pages: 6

Kitchenware Company Case Study

...Change Management, 2nd edition Case studies – text and questions Contents Case study 1: Aster Group 3 Case study text: Aster Group 3 Introduction 3 History, culture, orientation 4 Drivers for change 6 Leadership 8 No shotgun wedding 9 The transition period – one year on 11 Project management 12 Organizational development 13 Developing management and leadership capacity and capability 14 Case study questions: Aster Group 17 Individual change 17 Team change 17 Organizational change 18 Leading change 18 Case study 2: The Institute of Public Health in Ireland 19 Case study text: The Institute of Public Health in Ireland 19 The work of the Institute 19 Beginnings 20 Initial challenges 20 Strategy implementation 22 Vision and values 22 Leadership style 23 Management board 24 Working across the border 24 Learning 25 Case study questions: The Institute of Public Health in Ireland 28 Individual change 28 Team change 28 Organizational change 29 Leading change 29 Case study 3: The Kitchenware Company 30 Case study text: The Kitchenware Company 30 Drivers for change 31 Taking the bull by the horns 32 Leadership 33 Moving forward 34 Taking stock 34 Stakeholders 35 Next steps 37 Case study questions: The Kitchenware Company 38 ......

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Euro Disney Case Study

...these factors were foreseeable and controllable by EuroDisney, Hong Kong Disney or the parent company, Disney? Most of the problems mentioned in the case (including both EuroDisney and Hong Kong Disney) were foreseeable and controllable since they were based on cultural adaptation. Disney did not look far enough into the cultural values, norms and standards of the foreign environment they were expanding into. If they had done more research, the company could have mitigated a lot of the risk that came with entering into foreign territory. Disney failed to adapt which is a crucial part of market expansion. The company should’ve created a business strategy that combined the traditional values of the company while emphasizing those of the European culture. There were some factors that were uncontrollable. Specifically, these were external factors that had to do with the Gulf War, recession and other political/ economical changes to the environment. 3. What role does ethnocentrism play in the story of EuroDisney’s launch? Ethnocentrism is the belief that your own ethnic or cultural group is inherently superior in relation to other groups. Ethnocentrism proves to be a huge problem in terms of expanding into a foreign territory. Since the American managers in Disney did not do enough research on Europe before building EuroDisney, there could be an argument for ethnocentrism. The company might have believed that their ways, culture and beliefs were superior to those of......

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Euro Disney - Case Study

...accounting policies (step 1) and primary areas of accounting flexibility (step 2) for Euro Disney Key accounting policies • Euro Disney Associés has opted for financial lease. The firm leases the Disneyland Park from Euro Disneyland S.N.C. EDL Hotels S.C.A., which is owned for 99,99% by Euro Disney Associés, leases the hotels from a specialpurpose financing company. • The special-purpose financing companies are fully consolidated in Euro Disney’s financial statements. The substance of the relationship between the group and these financing companies is such that they are effectively controlled by the group. Areas of accounting flexibility • The personnel is transferable between the park and the hotels and vice versa. This way, the company copes with the fact that 90% of the employees have a permanent contract. • Euro Disney can defer the payments of interest, royalties and management fees that it has to pay to The Walt Disney company, when the actual performance is less than the contractually agreed benchmark. • The debt covenants limit the amount of new debt capital that Euro Disney can attract to $50 million. 2. What incentives may influence managing reporting strategy (step 3)? • The CEO of the Gérant, Philippe Gas, could obtain a discretionary annual bonus based on the individual performance relative to the objectives of the company. Moreover, he also obtains discretionary grants of the company’s stock options,......

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Case Study Smart Watch

...Case Study: Microsoft Smart Watch 1. Is the Smart Watch a good idea? - first there is to state that the idea was very innovative even though parts of the technology were already available on the market Positive: - using the existing platform Msn in order to maintain the flow of information - not too expensive - further developed than the ones of their competitor such as Message Watch or the Internet Messenger Watch - just providing the technology and not launching the produduct on its own Negative: - too many system like the Internet or Cell phones were doing the same job better - the target customer were mostly in possession of either one of the mentioned items - monthly or annual pay - using a brand like fossil who just targets a market with lower income - the time when the product was launched was too late - the watch just was not as fashionable as they predicted - Smart Watch was nothing which was created out of the customers demand - A watch which needs to be recharged on a 3 to 5 day basis? The outcome definitely was that Smart Watch was a bad idea! 2. How have the SPOT developers come to believe in their product? Have they been objective? - the idea of the Smart Watch was developed during the research of inexpensive operating systems for “smart personal objects” - it has not been developed out of consumers demand! - Therefore customers have not been involved in......

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Case Study Whistler Company

...Whistler Corporation Case Study Ivana Cizmic BU502 Instructor: Dr. Peggy Bilbruck Southern States University 2016 Abstract This case study is about analyzing the Whistler Corporation business issues. The Whistler Corporation at some point had to make a very important business decision. The decision was about if the company should continue manufacturing operations in the US or not. The company had experience some serious problems with the domestic production in the US, where competing with companies that had their supplies imported from the east Asia become impossible. The Whistler Corporation hired a consulting company to solve these issues and also to help with manufacturing process. The corporation management had to make big decision in order to decide whether to make changes in general or if the products should have to be acquired offshore (Ellet, 2009). Whistler Company Case Study Analysis In 1983, Whistler Company was still small and it was in development. However, in that time the Whistler corp. was profitable and it was considered as one of the companies with the highest level of growth in the market. During the 80s, Whistler Corporation was the only company in the market that was making innovated radar detectors. In that period company made many new successful models, but with the rapid growth in business came some issues. The issues were shown thru some limitations in the process of production that was in need of new technology in order to make......

Words: 754 - Pages: 4

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