Exercises on Admin systems in Organizations
2015 March
Exercise 1
XYZ Ltd has
estimated that the demand for one of its products is either 100, 200, or 300
units in a month. The product is sold for $16/ item and total variable costs
amount to $8/item. If demand is less than supply the product may be sold off
cheaply for $3 per item. There is no penalty cost for not meeting demand.
(i)
Considering only production levels of 100, 200 and 300, draw up a payoff table
for this situation with the following template.
(ii) What will the production level chosen
based on the maximax strategy?
Production level
Possible demands
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Exercise 2
XYZ Education centre is considering to launch an online management education
programme targeting the part-time management education market in Hong Kong for
mature students who need to do a lot of overseas travelling.
Based
on the following root definition, construct a conceptual model and a CATWOE analysis
based on the Soft Systems Methodology: “An XYZ Education-centre-administered
online management education programme that enables Hong Kong part-time mature
students to gain practical
management knowledge as well as a recognized university degree qualification on
a virtual basis within 2 years and a reasonable amount of
study efforts, resulting in XYZ Education centre making a good return on
investment on this online education operation.”
Answers: Conceptual model; CATWOE analysis
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