OPERATIONAL MANAGEMENT IN BUSINESS

Order Description
Please answer the questions precisely as asked related to the topic and question
OPERATIONAL MANAGEMENT IN BUSINESS
1. You are expected to conduct an extensive research on the operations strategies adopted by FedEx Corporation from a global perspective. You may refer to any number of sources and also interact with consumers and employees of FedEx in your region. The following video case is proposed to be a good foundation for your research. The operations process of FedEx Corporation and the way in which they operate is explored.
Based on the video case on FedEx Corporation
http://www.youtube.com/watch?v=lSZdKK14zgg&feature=kp and further research, you are expected to answer the following questions:
• QUESTION: Explain the concept of linear programming and solve the problem stated below:
A store wants to liquidate 200 of its shirts and 100 pairs of pants from last season. They have decided to put together two offers, A and B. Offer A is a package of one shirt and a pair of pants which will sell for $30. Offer B is a package of three shirts and a pair of pants, which will sell for $50. The store does not want to sell less than 20 packages of Offer A and less than 10 of Offer B. How many packages of each do they have to sell to maximize the money generated from the promotion?
• QUESTION: From the video case study provided, examine the operational procedures of FedEx Corporation and produce a set of clearly defined operational outcomes.

2. The various stages in baking a loaf of bread are given below. Create a network plan and indicate the resultant critical path for the below mentioned problem. Also evaluate the critical path in the network diagram in context of the situation given in the problem and elucidate the significance of the critical path.

Activity Preceded by Elapsed time (minutes)
A – Weigh ingredients – 1
B – Mix ingredients A 3
C – Dough rising time B 60
D – Prepare tins – 1
E – Pre-heat oven – 10
F – Knock back dough and place in tins C & D 2
G – 2nd dough rising time F 15
H – Cooking time E & G 40
(QUESTION: 4.2: Produce a network plan and indicate the resultant critical path)
(QUESTION: 3.2: Evaluate critical path analysis and network planning)

ASPECTS OF CONTRACT AND NEGLIGENCE FOR BUSINESS ASSIGNMENT
QUESTION: Contrast liability in tort with contractual liability. Research and give real life cases to support both types.

PPD :
BELOW IS THE PERSONAL DEVELOPMENT PLAN:

• QUESTION: Identify your own development opportunities to meet current and future defined needs to cope up in the competitive market of the chosen organization and devise a personal and professional development plan according to the identified needs. Based on the devised personal and professional development plan, explain how will you undertake and document development activities as planned.
Undertake and document development activities as planned ABOVE.

• QUESTION: Interact with any expert who is in the position and the field of work which you are interested in and ask the concerned person to identify and evaluate your personal and professional development skills. Based on his/her feedback, update your development plan. (AC 3.4 Update the development plan based on feedback and evaluation,)