OPERATIONS AND INFORMATION MANAGEMENT (OIM)

Operations and Information Management Module-OM Assignment

Assignment Details:
Topic: Operation management
Document Type: Assignment Help (any type)
Subject: Project Management
Deadline:*: As Per Required
Number of Words: 3000
Citation/Referencing Style: Harvard
 

Background

Operations Management (OM) is an important aspect of business (Slack et al, 2013; Greasley, 2013; Patton et al, 2011).  Both service and manufacturing organisations use OM to ensure they are competitive and assist in providing and maintaining good levels of customer service (Johnson et al, 2012).  Developing a system of an organisations operation can be advantageous both for both the customer and organisation (Bamford and Forrester, 2010).  Subsequently, once a system has been developed and understood it should be possible to determine why the system works well, or not well, and to recommend possible production related improvements that will assist both parties concerned.
Task
In this assignment analyse a production system (service or manufacturing based) with which you are familiar; a shop, restaurant, transport system, doctor’s surgery are all possible examples. Your tutor will give some guidance on your choice of organisation/case study. Your assignment should address the following questions:

  1. Critically appraise how well the inventories and/or assets within the production system are currently managed.
  2. Provide a detailed illustration of the key operations involved within your chosen production system presenting a logical operational flow.
  3. From the illustration in point two, identify two points where the organisation’s delivery system may fail to align its operational performance measures, clearly demonstrating your reasoning and understanding behind this.
  4. Discuss how a lean approach could be utilised in the production system to potentially reduce the failings discussed in point three.
  5. Identify threekey findings discussing the extent to which the lean approach chosen may assist the production system with aligning its operational performance measures.

Format
Your assignment should be in a report format, being clearly structured using headings, sub-headings etc.  It is not necessary to include an executive summary at the beginning of the report.  Your assignment should be presented using Times New Roman (TNR) 12 font, 1.5 line spacing, and it should be approximately 3,000 (+/- 10%) words in length.  Your word count is from the introduction to the end of the conclusion section.
You must endeavour to use theory explicitly at all stages, but do not spend too much time describing a theory. While you must be explicit about the theories, models, techniques etc. that you use, you can assume that the reader is familiar with them. What the reader requires is evidence of your ability to understand and apply the theory, and learn from in order to support the development of your findings and/or ideas.
You must cite all sources on which you have relied, for example textbooks, journal articles, web pages etc. using the Harvard Bibliographic referencing system. If you do not cite allsources, then you may be accused of plagiarism, and that in turn may endanger your success in passing the module. If you are in any doubt about how to reference your work, please obtain guidance from your tutor for this module.
Please do use diagrams, illustrations, tables, graphics etc. wherever these are helpful, and remember that these do not count towards your word limit. If you do use these, please do notput them in the appendices if they are part of your discussion.  Appendices are the appropriate places to put supporting material, however, remember if the reader is satisfied with the main points of your discussion; the supporting information within the appendices may not even be reviewed.

Marking Criteria

Your assignment will be marked against the following criteria:

  1. Evidence of your ability to use Operations Management (OM) theory in order to help you think in a critical way, and to develop an understanding of how key operational decisions are made within the chosen production system.  (20%)
  2. Evidence of your understanding of how different OM and Lean approaches could contribute to addressing the aim of your assignment.  (20%)
  3. Evidence of your understanding of the strengths and weaknesses inherent in various OM and Lean approaches in your chosenproduction system. (15%)
  4. Evidence of your understanding of the limitations placed upon the OM and Lean options available to your chosen production system.  (20%)
  5. Your ability to convey your conclusions and recommendations in a reasoned, supported and credible manner. (15%)
  6. Accurate grammatical and economical use of English.  A good presentation standard using the report format.  Appropriate citation of sources using the Harvard Bibliographic Referencing System. (10%)

The above criteria and the following grading matrix will assist in providing guidance as to the mark allocation.

Submission

As discussed previously,your assignment should be approximately 3,000 words (+/- 10 %) in length.  The assignment is to be submitted electronically via Online Campus.  Please ensure that:

  1. Your name is clearly marked on the front of your title page.
  2. You have a copy/backup of your assignment.

Please ensure you submit your work on or before the deadline, any late submitter will be dealt with as per University guidelines.
Thank you and Good Luck!
Dr Jonathan D Owens

References

  • Bamford, D R and Forrester, P L (2010).  Essential guide to Operations Management: concepts and case notes.  John Wiley.  ISBN 978-0-47068-816-8.
  • Greasley A (2013).  Operations Management, Third Edition, John Wiley.  ISBN 978-1-11997-854-1.
  • Johnston R; Clark, G and Schulver, M (2012) Service Operations Management: Improving Service Delivery, Fourth Edition, Pearson.  ISBN 978-0273740483.
  • Slack, N; Brandon-Jones, A and Johnston, R (2013).  Operations Management, 7th Edition.  Pearson.  ISBN 978-0-273-77620-8.
  • Patton, S; Clegg, B; Hsuan, J and Pilkington, A (2011).  Operations Management.  McGraw Hill.  ISBN 978-0-0771-2617-9.

Learning Outcomes (from module specification) addressed in this Assignment.

Please remember your overall grade for this assignment will represent a judgement to the extent to which you have provided evidence that you have addressed the following learning outcomes offered in the module specification.

  • Critically analyse the theory, concepts and models of operations and information management and demonstrate an understanding of the importance of information management in global organisations.
  • Analyse and critically evaluate the ways in which operations are adapted in view of specific market culture and customer requirements, and the role and importance of operational excellence in various aspects of competitive advantage.
  • Use the basic tools and techniques to plan and improve all aspects of the operations function and understand the application of the control systems that can be used for operations management in a wide variety of environments.
  • Identify and utilise appropriate methods for collecting and analysing data related to operations and information management.
  • Locate, summarise and synthesise a range of information from published literature and electronic sources on operations and information management.
  • Use and evaluate a variety of tools for improving organisational performance
  • Manage effectively their own time and learning.
  • Improve their research skills, and data analysis and presentation. Manage their time to meet deadlines in both group discussions and in preparation of in-class activities
 
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UCBS7037 FINANCIAL MANAGEMENT

Interim Assignment and Final Assessment

Topic: Financial Management
Document Type: Term paper
Subject: 
Deadline*: As Per Required
Number of Words: 7000
Citation/Referencing Style: Harvard

Final Assessment

You have been asked by your 60-year-old uncle Isaac to help him assess a new venture. It is Friday night, and he needs the work finished by Sunday, in preparation for an early Monday morning meeting, so you know that he will not be able to give you any more information than he already has (and you will be unable to contact him over the weekend), and therefore you may need to rely on your own assumptions and estimates for some of the analysis where appropriate.
 
Isaac lives near Toronto in Canada and recently took early retirement (from a soft drinks company he joined 25 years ago), leaving the company with a lump sum (after tax) payment of CAD 800,000. Surprisingly, rather than being depressed by his new state of independence, he is tired of the bureaucratic life and excitedly contemplating a new career as a retailer of a range of German fine handmade chocolate. He is confident that he can set up a business to import the chocolate from Lindau and sell it in Canada. His wife, who he met at business school, is pleased with his passion for this possible new venture but concerned that it might turn into a financial disaster. She has suggested that he develop a financial plan to evaluate the venture and its viability.
After a couple of hours with Isaac you have assembled the following information from him:

  • AlpenChoc, an established artisan manufacturer of fine chocolates with innovative flavours (owned by one of Isaac’s university colleagues), is prepared to give him exclusive rights to sell their products in Canada for a seven-year period in exchange for an upfront payment for those rights;
  • The chocolate sells in Germany for an average of 120 Euro (€) per kg, and AlpenChoc is prepared to sell them to Isaac at a 40% discount to this price;
  • AlpenChoc would ship each order to Isaac as soon as they receive payment;
  • Isaac has found out that shipping from AlpenChoc to Toronto by air freight, would cost on average € 14 per kg and that the time from him placing an order to receiving the goods in Toronto would be two weeks (including the preparation and packing time in Lindau);
  • Isaac plans to order from AlpenChoc monthly and intends to maintain a minimum stock of one month’s worth of sales to ensure that he will be able to supply a suitable range of chocolates to customers;
  • He will buy a special refrigerator at a cost of CAD 15,500 to keep the chocolates in good condition, and has found a small industrial room he can rent nearby at a cost of CAD 3,500 per month (payable monthly in advance, plus an initial security deposit of three months’ rent, refundable at the end of his tenancy if there is no damage);
  • Isaac will sell the chocolates throughout Canada by internet only, and is planning to spend CAD 8,500 with a website designer to develop the e-commerce site;
  • He has already spent CAD 5,000 on a market study that told him that once established, demand would be about 750 kg a month, although in the first-year sales would start at only 50 kg in the first month before building up slowly through the year to the full level at the end of the year;
  • The above study assumed an average selling price in Canada of CAD 160 per kg (ignore any impact of sales taxes in your calculations);
  • Packaging and shipping in Canada would average CAD 6 per kg, and Isaac is not intending to charge that to the customer;
  • All sales would be by credit card, with the credit card company taking a 1.2% handling fee per sale and remitting the monthly total to Isaac two weeks after the end of each calendar month;
  • He believes that two part-time students could run the entire operation at a total cost to him (including employer’s social charges) of CAD 2,500 per month;
  • Isaac understands that, if necessary, he could borrow up to an additional CAD 80,000 at 7% p.a.;
  • The effective overall marginal tax rate on income from a company set up to undertake this activity would be 25%, payable one year in arrears; Isaac has also told you that he can invest any available cash at an after tax 3% per annum.

Isaac also has a friend, Jade, who owns a small chain of travel agents in the Toronto area. Jade is interested in the venture and she has agreed that if Isaac packages the chocolates in boxes decorated with views of Southern Germany, she would give him a two-year contract to buy one hundred boxes (each containing 250gm of chocolates) from him per month, at a price of CAD 45 each. This would be in addition to the internet sales outlined above and would start immediately. To do this Isaac would need to buy in boxes and decorative paper at a cost of CAD 8 per box, and he has found a used table top wrapping machine that could be bought for CAD 2,200. He would also hire an assistant specifically to pack and deliver the boxes at an additional cost (including employer’s social charges) of CAD 500 per month.
Isaac remembers lectures on discounted cash flow analysis at business school and wonders if that is the best way to assess this opportunity. He has asked you to prepare an analysis while he is away to help him with the decision, making clear any assumptions that you make; the analysis should not exceed a total of 25 pages (everything from the cover page to the final page), and should include:

  • A summary of all assumptions and estimates that you have made for your analysis, including justifications where appropriate;
  • A break even analysis;
  • A Profit and Loss Statement for the first year of operations and Balance Sheet at the end of the first year;
  • Monthly cash flow for the first year of operation;
  • Annual cash flow thereafter;
  • A clear explanation, in plain English, of how much cash the venture will need to get started;
  • Any sensitivity analysis that you think would be helpful;
  • The most that Isaac could offer AlpenChoc as an upfront fee for the exclusive rights for the seven year period (which does not include any chocolates, just the rights) which would leave him no better or worse off than if he had not undertaken the venture, and the amount you suggest he should actually offer them;
  • Conclusions and recommendations of whether or not he should pursue the offer;
  • A critical reflection of the analysis that Isaac has asked you to prepare; how you have evaluated the attractiveness of the venture and what, if anything, would you do differently in a financial analysis of this opportunity, and why?

Isaac has explained that he is going to be out of town for a wedding so will be unable to provide any assistance at all, but as he pointed out before leaving “you will find this easy with computers and the internet to help”.
Your report should demonstrate skills of critical reflection, effective communication and balanced judgement; note that this is not a market report. Scripts that are excessively long (i.e. exceeding the page limit) will not be read beyond the point of the page limit; there is no minimum page limit. Do not put your name on the paper.
The overall structure should be as follows:

  1. Cover Page (1 page)
  2. Table of Contents/List of Exhibits (1 page)
  3. Executive Summary
  4. Main Report
  5. Critical Reflection
  6. List of References.

The data in your answer should be clearly laid out in tabular format so that your approach and answer are both plainly evident.

Grading will be based on the following breakdown:
– Assumptions, estimates and sensitivity analysis: 25%
– Cash flow and financial viability analysis: 25%
– Other financial details (P&L Statement, Balance Sheet, break even, etc): 35%
– Critical reflection: 10%
– Referencing and presentation: 5%

 
The Interim Assignment is to develop the Profit and Loss Statement (only) for the first year of operations, which you will see is also part of the required content of your final assessment paper.
You should clearly explain any assumptions in this P&L Statement and you may, if you wish, make any changes to the P&L Statement for your subsequent Unit 6 final assessment submission. The Interim Assignment is not graded but you will receive feedback on it.
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MBA 7002 STRATEGIC MANAGEMENT

MBA 7002 Strategic Management Assignment

Word limit: 3000 words
Weighting of assessment: 50% total marks
Learning Outcomes Covered

  • Acquire skills in identifying opportunities through internal and external analysis
  • Critically assess and value bases of growth and sustainability of business organizations
  • Acquire skills in interpreting and making sound managerial decisions.

Brief

  • This is an Individual Assignment
  • You are required to produce an academic/research document maximum 3000 words.

Topic:
Opportunities never cease for entrepreneurs with strategic minds
Great entrepreneurs like Sir Richard Branson believes that greater the volatility in the external environment, greater are the opportunities the firm can capture. Real opportunities are not mere “Chances”, but what the changing socio economic, political, and technological environments create and offer for the entrepreneur to revolutionize the organization. The pillars of growth and sustainability are Strategic capability, Competitive Advantage(s), and Superior Customer Service. (Example – “Facebook” of Mark Zuckerberg). Some argue that a fourth pillar too should be added. This pillar is the “Triple Bottom Line”, where the purpose of the organization go beyond private profits and embrace the people and planet factors.
Tasks

  1. Identify an entrepreneur (Name) who captured a great opportunity and critically evaluate the opportunity he/she captured. Critically analyse the organization’s strategic capability and the competitive advantage(s).
  2. Critically review the following statement, “Strategic capability, competitive advantage(s), and superior customer service as pillars of growth and sustainability are out-of-date concepts. Commitment to the ‘Triple Bottom Line’ is the all-encompassing strategy for growth and sustainability.”
  3. Globalization and regionalization have promoted the following business strategies: Outsourcing, Networking, Merging, and Acquisitions. Often these strategies lead to the need of partnering with different cultures. Critically analyse how the adverse effects of cultural differences due to partnering can be managed.

Assessment criteria
The following criteria will be used when marking your Assignment:

  1. Correct selection of the entrepreneur, and critical evaluation of the opportunity he/has captured. The organizational strategic capability and competitive advantage(s) explained (30%)
  2. The critical review of the statement in Task 2 is rational, demonstrates that the candidate has a sound knowledge about the concepts(30%)
  3. Excellent and logical critical analysis of how the adverse effects of cultural differences are managed.(25%)
  4. Extent and relevance of references and conformity to Harvard systems of citations (15%)

Marking Scheme

1 25-30Excellent identification of entrepreneur and opportunity, and explanation of firm’s capability and competitive advantage(s) 15-24Very good identification of entrepreneur and opportunity, and explanation of firm’s capability and competitive advantage(s) 05-14Fair identification of entrepreneur and opportunity, and explanation of firm’s capability and competitive advantage(s) Less than 05Failed to identify and explain
2. 25-30Excellent critical review 15-24Very good critical review 05-14Fair review Less than 05Poor review
3 20-25An excellent  logical analysis and measures to manage cultural differences given 15-24Very good analysis and measures to manage cultural differences given 05-14Fair analysis and measures provided Less than 05No or poor explanation
7 10-15References are relevant, adequate. Conformity to Harvard citation is excellent 07-09References are relevant, moderate, and conformity to Harvard citation is good 03-06References are irrelevant, inadequate.Conformity to Harvard citation is poor Less than 03No or irrelevant, references, not conforming to Harvard citations

 
Very important
You must use Harvard Referencing system throughout your work. Correct in-text referencing is required and a full and correct reference list needs to be provided. Please note for academic acceptance, it is important to refer to adequate sources in building critical arguments with regard to this assignment. Generally, the lecturer expects minimum of 20 latest sources from accepted recommended journals, required reading and recommended readings. For a list of required and recommended reading, please refer the “Module Specification” section of the student handbook.
REPORT STRUCTURE

  • Paper Size :                 A4
  • Word Count :             3000 words
  • Printing Margins :    LHS; RHS: 1 Inch
  • Binding Margin :      ½ Inch
  • Header and Footer: 1 Inch
  • Printing :                   Single Sided
  • Basic Font Size :      12
  • Font Style :               Arial/Times New Roman
  • Presentation :          Bound Document

 
Important Information for Students

  • A hard copy spiral bound document must be submitted to the postgraduate department and the softcopy of the assignment should be uploaded to ICBT SIS on or before the deadline. In addition to this the softcopy of the assignment should be uploaded to the TURNITIN via Cardiff Met Moodle. Students must upload the softcopy before the hardcopy submission. The submission of hardcopy and uploading of softcopy must take place on or before 04.30 pm on the submission day.

Please log on to www.icbtsis.lk to upload your assignment.
For TURNITIN submission please log on to www.cardiffmet.ac.uk  and submit through the Moodle.

  • Uploaded softcopy should be named as MBA-(subject number) (followed by the Cardiff met student ID.

E.g. for Delivering Successful Projects Assignment
MBA-7024 -2000000

  • Students are expected to keep a backup of all the assignments. ICBT and Cardiff Metropolitan University have all the right to re call for soft copy of any assignment at any time during the course.
  • Please note that plagiarism is treated as a serious offence and therefore the work you produce must be individual and original although may work in groups in some instances (Please refer to Student Handbook on Plagiarism & Cheating).
  • All sources of information must be referenced using “Harvard referencing” where a reference listing should be included at the end of the assignment.
  • Please note that the submission date given for this assignment is the final date that you can upload the assignment. No late submissions are allowed by the system. (Please refer to the Student Handbook on Assessments – Late Submissions).
  • Please refer to Student Handbook on Assignments – Re-submission, mitigating circumstances procedure.
  • Please include the assignment coversheet in your answer. Please avoid copying assignment question in your answer file.

 

 
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FNS50315-FNSFMB501 DIPLOMA OF FINANCE MANAGEMENT

FNSFMB501 Settle Applications and Loan Arrangements in the Finance and Mortgage Broking Industry Assessment 1

FNSFMB501 Settle applications and loan arrangements in the finance and mortgage broking industry
Unit Description This unit describes the skills and knowledge required to settle applications and loan arrangements for debt finance and undertake final arrangements to secure and complete the lending transaction for a client applying for a mortgage or related finance.
 
Learning Outcomes By the end of this unit, students will be able to:

  • Prepare for settlement
  • Register securities
  • Arrange for disbursement of funds

 

FNS50315 Diploma of Finance and Mortgage Broking Management Assessment 1 Questions

Activity 1
Some overseas borrowers are being offered the opportunity to obtain a second mortgage and purchase an Australian property, without necessarily having a deposit. For example, the second- largest insurance company in China offers loans to Chinese investors for Australian residential property. The Chinese borrowers use the second mortgage as a deposit for an off the plan apartment, with the expectation that a senior loan will later be obtained from an Australian bank to pay the final 70% when the apartment is completed.
Explain why this is a potential financial risk for all involved.
(Explain different pre-settlement conditions required by lenders, including gaining consent of prior mortgagee, if second mortgage security is being taken).
Activity 1 Answer

  

Activity 2
Describe some ways in which potential borrowers fail to provide correct pre-settlement evidence required by mortgage lenders.
(Describe different pre-settlement evidence required by lenders).
Activity 2 Answer

  

Activity 3
What is the primary benefit of Lenders Mortgage Insurance (LMI) to a home loan applicant?
(Explain different pre-settlement undertakings by the borrower, required by lenders: sale and settlement of other property; repayment of other debts; provision of evidence of insurance).
Activity 3 Answer

  

Activity 4
Explain some of the benefits and drawbacks of a family guarantee.
(Explain different documentation required by lender: credit check authority signed; guarantees; loan contract; periodical payment authority; signed application form).
Activity 4 Answer

  

Activity 5
Explain the role of a conveyancer for a property vendor.
(Explain the role of various parties involved in the settlement process).
Activity 5 Answer

 

Activity 6
Identify some common issues that can cause property settlement delays and ‘crashes’. (Describe settlement issues that can occur).
Activity 6 Answer

 

Activity 7
Reverse  mortgages  now  fall  under  the  National  Credit  Act,  which  includes  a  statutory  ‘negative equity  protection’  on  all  new  reverse  mortgage  contracts  (introduced  September  2012).  What  are the risks of reverse mortgages which make them subject to this form of legislation?
(Describe key features of current industry codes of practice, legislation and statutory requirements including: National Credit Code; privacy legislation; credit legislation).
Activity 7 Answer

  

Activity 8
Explain the rights of a mortgagee and mortgagor when a property is mortgaged under the Torrens title regime.
(Outline the steps in the process of registering security documentation).
Activity 8 Answer

  

Activity 9
Identify some of the deposits and payments of a real estate agents trust account.
(Explain relevant policies and procedures in regard to opening an account for funds to be disbursed).
Activity 9 Answer
 
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