Management Answers

explain the techniques that you can follow to write a report in a convincing manner, so that the reader accepts them as valid and reliable

Performance of employees at the workplace depends on their personality traits. Describe

the five major traits that most researchers agree upon and explain how they lead to

meaningful workplace behaviour.

Interpersonal relationships between superiors and subordinates in an organization involve

different kinds of power equations. In your opinion, arrange the 5 sources of power in

order of importance, that are based on superior subordinate relationships in an

organization. Justify your preference

List down briefly the various inventory management techniques prevalent in the industry.Discuss how some of these techniques would be applicable to an Automobile Service Shop in effective management of their inventories; i.e Spares, Consumables, etc (assume several inventories of your choice).

Discuss the main ‘changes’ that are taking place in the worker’s representational models and processes in Japan, Germany, and Sweden. Discuss some similarities and some differences. Give examples to support your answer.

1. An average annual consumption of a material is 18,250 units at a price of ETB 36.50 per unit. The storage cost is 20% of an average inventory and the cost of placing an order is ETB 50. How much quantity is to be purchased at a times?  

6. Consider the following data (ETB and days). 

a. Draw activity network of the project.  

b. Crash the activities step by step until all paths are critical. 

Activity 

Normal Time 

Normal Cost 

Crash Time 

Crash Cost

1-2 

20 

600 

17 

720

1-3 

25 

200 

25 

200

2-3 

10 

300 

8 

440

2-4 

12 

400 

6 

700

3-4 

5 

300 

2 

420

4-5 

10 

300 

5 

600

4-6 

5 

600 

3 

900

5-7 

10 

500 

5 

800

6-7 

8 

400 

3 

700

1.The demand for a certain product is random. It has been estimated that the monthly demand of the product has a normal distribution with a mend of 390units. The unit price of product is ETB 25. Ordering cost is ETB 40 per order and inventory carrying cost is estimated to be 35 percent per year. Calculate economic order quantity (EOQ).  

2. A company has found that its cost to purchase a component is ETB 50 per order and the carrying cost is 10% of the average inventory. The company currently purchases ETB 20,000 worth of components in a year. Assuming that same demand will be there in the next year,  

a. Suggest a suitable policy of purchase in terms of no. of orders in a year and 

b. Quantity to be ordered for each year. Assuming fractional order can be made.  

Identify the available opportunities and threats from Emirates Group. Elaborate.

List 5 qualities that you consider key for right Ceo.

2.Each quality listed explain why the key quality is key to the quality relation of CEO.

you are a manufacturer of tennis balls in the mumbai suburbs. Recently you got an order to supply 1200 units of the same on a monthly basis . the cost of carrying an inventory of such tennis ball is 1.80 per unit on yearly basis . the production process requires a setup cost on a per run basis of Rs. 1000. compute a. The EOQ and Define the need of computing the EOQ