Global Supply Chain Management Simulation Essay - 918 Words

Summary of Global Supply Chain Management Simulation I enjoyed the Global Supply Chain Management Simulation (GSCM). It was exciting to be a Manager of the supply chain of a mobile phone manufacturer. I learned very quickly the pressures of running such a large operation. In this review, I will discuss lessons learned regarding conceptions shown in the simulation. I will explain how if completing the simulation again, what I would complete differently. In conclusion, I will talk about my key overall takeaways from this exercise. Year One In Year 1 while in the Design room, I chose the Wifi and Stylish options. My intuitive thoughts were consumer based and not supplier driven. However, these combined options offered an estimated favorable profit for the company. While forecasting I chose to forecast below average for Model A and above average for Model B. Again, my decision making was consumer driven and I as a consumer would prefer a stylish mobile device over a base model, therefore estimated demand at a higher level. In choosing suppliers in Year 1, key drivers were lead times, setup and unit carrying costs, and capacity. The decision were also based off of my forecast for each model. I learned quickly as each month passed, I was out of inventory therefore, making a costly $2.0MM adjustment with one of my suppliers. In this scenario, if running the simulation again I would better match the supplier with the forecasted demand. Year Two In Year 2, I was advised not toShow MoreRelatedUsing the VinLogic Simulation Model: Insights Gained and Lessons Learned727 Words   |  3 PagesInsights Gained and Lessons Learned Using The VinLogic Simulation Model Introduction Operations management is comprised of a series of concepts and frameworks that are best learned through the use of simulations and constraint-based modeling to show the effects of one decision on corporate performance. This is especially true in the areas of logistics, transportation and supply chain management optimization, The VinLogic Simulation Model has specifically been designed to take into account theRead MoreDifference Between Simulation and Optimization1541 Words   |  7 Pagesin the business environment is a major threat at each and every level of the supply chain. 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In my further reflection of the paperRead MoreCase Study : Japan s Supply Chain Of Nissan Essay1481 Words   |  6 Pagesnatural disasters was a major task Nissan faced in fiscal 2011 and came to be symbolic for its activities that year. Nissan is always seeking to strengthen its risk management systems in order to better prepare for natural disasters and other emergency situations. While maintaining close communication with its suppliers and each of its global bases, Nissan continue to work hard to minimize risk and keep going smoothl y as it goes (Shiga, 2012). Japan had severe earthquake and tsunami in 2011. There wereRead MoreQuestions on Operations Management1661 Words   |  7 Pagesï » ¿Chapter 1: Introduction to Operations Management Overview This chapter provides a definition of operations management. The role and importance of operations in an organization are described, along with operations decisions that are made. 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How should Ford deal with these challenges? 3. If you are Teri Takai, what would you recommend to senior executives? Tow what degree should Ford emulate Dell’s business model? Herman Miller: Innovation by Design? (Supply Chain Strategy) 1. What are the main elements of Herman Miller’s history, design philospophy, and corporate values? How have they influenced the company’s success? 2. What led Miller SQA to develop a new business model to serve its market? What isRead MoreBA 3103 Critical Analysis Paper Pier 11351 Words   |  6 PagesWe begin with the PEST analysis which helps us identify and understand global trends. Figure 1: PEST Analysis of Global Trends: 2010-2015 Political Increased global communication and relationships Economic Inflation increasing globally Increasing oil costs Increasing commodity pricing Social Social Media Decline in population Demographics/Mobility Technological E-commerce Mobile Applications/Shopping Figure 1 presents a global trend analysis for the period 2010-2015 in four areas: political, economicRead MoreIs The Best Decision For My Life?1027 Words   |  5 Pagesearned a Bachelor’s of Science degree from Kent State University, specializing in Fashion Merchandising. Through this program, I have acquired general knowledge related to the business of fashion including product sourcing simulation, fashion marketing, international marketing, global apparel economics, product development, merchandising planning and buying, fashion branding and fashion forecasting. With my current work experience at National Safety Apparel as a Pre-Production Apparel Marker Maker, IRead MoreThe Birth Of Intel : Computer Technology Industry Essay1552 Words   |  7 Pagesopening an assembly plant in Penang Malaysia. Intel’s internationalization process moved quickly in the following decades and these international locations promote its global growth to an even higher level.  Currentl y, Intel is located in over 60 countries worldwide including Singapore, China, India, and Indonesia, which are all big supply-chain giants in the world.   Throughout the rest of the 1970’s, Intel kept expanding on its microprocessors and chip line and hit the billion-dollar mark in the mid 1980’s

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Riwt 1 Free Essays

RIWT1 Crystal Jorgensen Task 1 03/19/2013 SID:000187304 Lets take a journey. A journey back to a time and a place that is unknown to us without the history and expression of Literature and Art. These moments are the expression of color, the fine detail, the heroics, and the stories that bring us to our current and most knowledgeable time in literature and the arts. We will write a custom essay sample on Riwt 1 or any similar topic only for you Order Now Neoclassicism and Romanticism are two very important time periods in the literary movements in English literature that helped shape our way of life today. Although these time periods are recognized as very opposite they share many similarities and we continue to learn and grow from them. Lets go back†¦ To a new era, widespread and influential for paintings and the other visual arts, a reaction against the sensuous and frivolously decorative Rococo style that dominated European art from the 1720s on. Beginning in the 1760s, Neoclassicism arose, reached its height in the 1780s and ‘90s during the French Revolution and lasted until about the 1850s. Neoclassicism was impacted by the exploration and excavation of the buried Roman cities of Herculaneum and Pompeii; the excavations of which began in 1738 and 1748, respectively. It was because of these â€Å"new† discoveries that people wanted to revive the past and took interest in the classical forms and ideas that started the neoclassical era. It was the combination of new and â€Å"classical† that made artist want to convey a serious moral such as justice, honor, and patriotism. Ideally, this style portrays an array of knowledge so vast that it leads to enlightenment. The Neoclassical style sees nature is defined as human nature and that society is more important than the individual. In summary, Neoclassicism focused on Greek and Roman history and was inspired by Classical Rome, patriotism, courage, and honor. The best-known painter of the time was J. L. David who painted â€Å"Napoleon Crossing the Saint Bernard,† just one of many amazing paintings in that time. The technique used in this era is a stressed drawing with lines, not color; no brush strokes. The tone set is calm and rational but at the same time play the role to provide inspiration and be morally uplifting. Neoclassical artist value order and solemnity and it can be seen throughout their paintings. Inspired by the classics, touched by a revolution, and enforced order we have the â€Å"new† classics. Neoclassicism. Now lets get into the hippie era of the 18th century†¦of free love, peace, and saving the trees. No not really. Romanticism was much more than that it depicted a much deeper heightened since of feeling and euphoria. If it made you feel good and happy you would focus on that and that’s all that mattered. But that is still not all; romanticism was a time for passion, any kind of passion whether it was good or bad. Inspired by the medieval, baroque eras, and the middle and Far East regions of the world. Romanticism started in the late 18th century and continued into the mid 19th century. The characteristics that follow the romantic era is one of a deepened appreciation of the beauty for nature; and exaltation of emotion over reason and intellect; a heightened sense of human personality, moods, and mental potentialities. The romantics were very occupied with the exceptional figures, such as the hero or genius and focused on their inner passions and struggles. A couple of the best known artist of the time were Eugene Delacroix and Theodore Gericault, the artists were viewed as a supreme individual creators, their creative spirit was more important than strict rules or traditional procedures; the emphasis on imagination was a gateway to experience spiritual truth. With national and ethnic origins there was an obsessive interest in folk culture and the medieval era, which triggered a special liking for the exotic, mysterious, weird, the remote, the monstrous, diseased, and the satanic. The role of the art was dramatic it was to carry the viewer away with its unrestrained, rich color, and visible brush strokes. Neoclassicism and Romanticism are in fact to very different eras. While to neoclassical era wanted to re-invent the classics, the romantic era wanted to expressive in every form not holding back restraint on the mere idea of being bound by the old classic rules. But this doesn’t stop them from having similarities either. They both were on a spiritual mission; the art itself wants to portray knowledge and enlightenment for neoclassicism and romanticism wants you to experience spiritual truth. Although these eras are on very opposite ends of the spectrum when it comes to the arts they both wanted to find a new spirit of the time, to change it for the better. Like J. L David’s painting â€Å"Napoleon Crossing the Saint Bernard† is very lifelike and perfect not being able to see the brush strokes but making the feeling of nobility, strength, and honor very present in his work. This particular piece is a perfect example of the time being right after the revolution. Eugene Delacroix’s painting â€Å"Liberty leading the people† This is such and amazing piece of art as well and although you can see more brush strokes it is also such a great example of the time. Delacroix is able to put so much detail and really paint the emotion of freedom and leadership. Both these painting depict a transformation, a want for change. The interesting thing is in those brush strokes, neoclassicism believed they needed to have that perfectionism it showed order, restraint, and rationalism; whereas, romanticism felt that the brush strokes needed to be seen so as to show emotion, passion, and life. Both of these eras were very influenced by different eras like with neoclassical they wanted so desperately to get out of the Rococo style; is was the Age of Enlightenment; and it was right after the revolution. Neoclassical was very impressed and inspired by the classical era and made something old, new again. Romanticism was influenced by neoclassicism it was inspired as a revolt against social and political norms of the Age of Enlightenment and was partly a reaction from the industrial revolution. Although, these eras seemed to influence each other in ways a teenager would want to try to change the rules at home. These eras very much influence our history, knowledge, learning, and inspiration today. Works Cited http://www. britannica. com/EBchecked/topic/508675/Romanticism http://www. buzzle. com/articles/romanticism-characteristics-of-romanticism. html http://www. buzzle. com/articles/difference-between-romanticism-and-neoclassicism. html http://lilt. ilstu. edu/jhreid/neoclassicism. htm http://en. wikipedia. org/wiki/Romanticism How to cite Riwt 1, Papers

Data Mining & Visualization for Business-Free-Samples for Students

Questions: 1.Briefly summarise why Data Mining is used in Business. Share a recent article/news item relating to Data Mining in Business . 2.Briefly summarise the article, identifying the Business requirements for which data analysis is being used in this Case. Answers: 1.Data Mining in Business Data Mining is used in business The main usage of data mining in businesses is to search for new business patterns and establishing new business relationships for making better decisions in the business processes. It helps to develop smart marketing campaigns, identifying different trends with the loyalty prediction of customers (Shmueli Lichtendahl Jr, 2017). Data mining searches for information from the scratch that generally remains unnoticed and finds out patterns that helps to predict the business. Data mining can also generate new opportunities in business: Systematic figure of examples and application: Data mining modernises the route toward searching insightful information in a huge database. Request that needs extensive hands-on examination would now have the capacity to be precisely answered from the data. An ordinary instance of an insightful problem is centred around publicising. Data mining uses data on past constrained time sends to recognise the destinations well while in transit to help the level of productivity any further. Systematic disclosure of in advance darken designs: Data mining mechanical assemblies searches in the blocks and perceive officially hid plans. An instance of delineation disclosure is the examination of local bargains data to recognise apparently pointless things that are together often obtained. Data Mining for Analysis Purposes A group of mineralogists are working with various instruments to examine and study the relationship between minerals of the earth. Mining and Mineralogy are often considered as a single manner (Hooper, 2017). In any case, analysts at the Carnegie Institution for Science mining an option that is other than what is expected gigantic data, and it may fundamentally influence the search and inspection for minerals. There are no under 5200 particular known minerals (ordinarily happening substance blends not confined by specific sources), which have been found and ordered by many regions around the globe. This gives mineralogists an expansive number of data concentrates on working with, yet expelling criticalness from this data is much of the time troublesome. According to another paper of American Mineralogist, the gathering of researchers worked with the framework study to increment current information in the scattering and modification of chromium and copper stores after some period. This mindset may provoke the desire of latest exposure of mineral stocks. Framework speculation is a strategy for separating complex affiliations and collaborations between different things (Shmueli and Lichtendahl Jr, 2017). This system is every now and again in-use to determine the wide presence of infection, the architecture of the web and regular structures. The Carnegie aggregate worked along these lines for managing doles out each alluded to mineral like "centre point" and individual range with two crystals located at a place forms relationship among these centres. One of the main researchers Dr. Shaunna Morrison said "The mission for new mineral stores is persevering, yet starting at as of late metal disclosure has been more a matter of fortunes than coherent desire, All that may change with massive data." It can be also used for predicting the presence of minerals with this system. Framework speculation helps to study the historical geography of earth that reshaped after some period, and the way it affects by life forms. The makers depict the way the movement of minerals containing copper reshaped the atmosphere of the earth. It is assumed that equivalent examination can be associated with planets, for instance, the geographical researches clarifies the natural background of the planet Mars. 2.Security, Privacy and Ethics In Data mining, the protection and legitimate issues that may come about are the fundamental keys to the developing clashes. The courses in which data mining can be utilised is bringing up issues concerning security. Consistently the administration and corporate elements assemble large measures of data about clients, putting away it in information distribution centres (Ryoo, 2017). Some portion of the worry is that once information is gathered and stored in an information stock room, who will approach this data? Frequently a buyer may not know that data collected about him/her is not recently imparted to who gathered the data. With the advances that are accessible today, data mining can be utilised to remove information from the information stock rooms, finding unique data and connections about clients and making associations given this extraction, which may put customer's data and protection in danger (Tasioulas, 2017). Data mining requires information plans that can cover shopper's data, which may trade off classification and security. Ethical Implication in Data Mining The utilisation of data mining, particularly information about individuals, has positive moral ramifications. Organizations confront a moral quandary when notwithstanding choosing if the organisation should make a man mindful his/her data is being put away for future data mining. By giving a person the alternative to quitting information gathering, an organisation can hurt its upper hand in a commercial centre (Witten et al., 2016). A group must choose if an absence of moral concern will cause a misfortune in cooperative attitude from purchases and experience the ill effects of a reaction from the organisation's customers. Organizations who utilise data-mining procedures must act dependably by monitoring the moral issues that are encompassing their particular application; they should likewise consider the intelligence in what they are doing. For instance, data mining once in a while can be utilised to segregate individuals, in particular about racial, sexual and religious introductio ns. The utilisation of data mining along these lines is viewed as deceptive, as well as illicit. People should be shielded from any untrustworthy utilisation of their data, and before they settle on any choice to give their information they have to know how this data will be utilised, why is its use, what parts of the data will be taken, and what results this activity will have. By doing this, Individuals will be educated and enlightened direct concerning the reasons and outcomes of utilising their data. Security Implications Data mining is the way of arranging right and serious inquiries to remove data from a lot of information in the database. As we probably are aware, data mining methods can be helpful in recouping issues in database security. Notwithstanding, with the development of advancement, it has been a genuine worry that data mining procedures can cause safety issues (Larose, 2014). A lot of security specialists see data mining as a standout amongst an essential difficulties that buyers will experience in the following decade. The unmistakable multifaceted nature in data mining is developing precise models for information examination without giving the privilege to utilise the data in particular client records, which will secure the database from being utilised the wrong way. Growing such models can lessen the security issues that customers may confront. Security issues in data mining are a standout amongst the most well known concerns due to the way that when utilising data mining people are r egularly working with a substantial measure of data, and they can approach it effortlessly (Larose, 2014). This is hazardous if this information was not utilised as a part of a safe way. As data mining certifications to open up heaps of new fields for extricating data from both old databases and future databases that might be created with data mining as a help reason, the data mining session in some great organisations propose that there can be not kidding security issues in data mining. Information warehousing organisations must screen who approaches the information inside and what parts of the information stockroom they approach. A case of a body that enables confined access to their information stock room for data mining reasons for existing is Wal-Mart (Witten et al., 2016). Wal-Mart has a comprehensive database of all their inventory, stores, and gathered information. Organizations that have items conveyed by Wal-Mart are permitted into Wal-Mart's database. This enables these organisations to dig this information for data concerning the offer of their items. Implication in Business Sector Guaranteeing information honesty is a key factor to ensure that data mining instruments and examination are significant and exact. Information uprightness ensures that information is predictable all through the database (Freitas, 2013). There are a few business rules that keep up the precision and uprightness of information put away in the database. Space imperatives concentrate on what might be relegated to a trait. Upon the production of a database, each quality must contain space name, information sort, (for example, numeric, character, date, or number), estimate, and the adequate range or estimation of the information. Referential trustworthiness expresses that each remote key esteem must be indistinguishable to an essential key esteem. Assume that a database exists with a database table titled client. The client will be doled out a customer ID. The customer id will in a perfect world at that point turn into the essential key (Larose, 2014). Presently, assume the client puts in a request inside the organisation. The Order table ought to contain the trait client ID also which will be recognised as the outside key of the Order table. Utilizing referential uprightness will ensure that when the client ID is questioned, that one the client who exists with the predetermined ID appears and what particular request that specific client has put. Consolidating the area, substance, and referential trustworthiness tenets will reduce the access of database data and enable the clients to change and erase mistake and irregularities. Respectability controls are put inside a database to shield the database from unapproved updates and sources of info (Rokach Maimon, 2014). Attestations are made so particular decides that is standing inside a business are executed through the database, (for example, Sarbanes-Oxley commands). Trigger controls are made so that if an occasion happens, (for example, a late instalment) a particular activity will occur, (for example, a new fine added to a record). Approval rules are made to so that there are limitations on who might have the capacity to see the information, enter the date, change the date, and erase the information. Approval rules are utilised to shield the information from the shot of a representative to adjust information that their employment has no approved limit in doing as such (Shmu eli Lichtendahl Jr, 2017). It additionally secures a man's data, that is contained in a database not to be perused by unapproved representatives. It is fundamental that honesty controls and standards are put into databases so the information may keep up its helpfulness and security assurance. If trustworthiness requirements were not executed inside a database, any data that could be produced from the database would be pointless. This thus would be futile for any data mining methods and examination. References Freitas, A. A. (2013).Data mining and knowledge discovery with evolutionary algorithms. Springer Science Business Media. Hooper, J. (2017).Data mining: How digging through big data can turn up new | Cosmos.Cosmosmagazine.com. Retrieved 12 August 2017, from https://cosmosmagazine.com/geoscience/data-mining-how-digging-through-big-data-can-turn-up-new-mineral-deposits Larose, D. T. (2014).Discovering knowledge in data: an introduction to data mining. John Wiley Sons. Rokach, L., Maimon, O. (2014).Data mining with decision trees: theory and applications. World scientific. Ryoo, J. (2017).Big data security problems threaten consumers' privacy.The Conversation. Retrieved 12 August 2017, from https://theconversation.com/big-data-security-problems-threaten-consumers-privacy-54798 Shmueli, G., Lichtendahl Jr, K. C. (2017).Data Mining for Business Analytics: Concepts, Techniques, and Applications in R. John Wiley Sons. Tasioulas, J. (2017).Big Data, Human Rights and the Ethics of Scientific Research Opinion ABC Religion Ethics (Australian Broadcasting Corporation).Abc.net.au. Retrieved 12 August 2017, from https://www.abc.net.au/religion/articles/2016/11/30/4584324.htm Witten, I. H., Frank, E., Hall, M. A., Pal, C. J. (2016).Data Mining: Practical machine learning tools and techniques. Morgan Kaufmann.