Friday, October 25, 2019

Appeal for Academic Reinstatement :: Letter of Appeal

I was very disappointed at myself after received dismissal letter from State University. I felt that I let down not only myself, but also my family who hoped for me to earn a bachelor degree from such a great school as Ohio State. There were several reasons that led me to difficulty and lose concentrate in studied. During the time I studied at Ohio State, my older sister who I lived with received the bad news about losing her teaching assistance job at Ohio State. She was the only one who helped support me at that time. My sister was the one who pays rent and most of utility bills. I did help her pay some of the bills and groceries as I only worked minimum part-time. Since my sister was not able to continue her teaching position at that time, I help pay most of the bills included the rent. I certainly did not prepare for the situation and ended up have to start working more so I can help out my sister pays the bills. At the same time, my mother who lives in Thailand also suffered fro m the breast cancer which cost my parents a lot of money for the surgery and medical bills. My parents were in no place to help me or my sister with living costs and expenses here in the United States. Since my sister had only a student visa, and was not a U.S. citizen, I was the only one that could legally work and pay most of the rent and other bills. Working long hours did affect me psychically and emotionally. I lose both of my free time and study times. As I did not plan for the situation included poor time management, I ended up work more and spend less time studied than I should. I know that I struggled to keep up with classes and missed many classes. I did not think it through and thought that I could manage the situation on my own. I did not let anyone know about my situation or seek any help from any instructor or advisor. I ended up with poor academic performance and received bad grades which lead me to academic dismissal. I feel regretted and only wish that I could have made a better decision. After dismissed from Ohio State, I continued to work for whole summer. My sister later received her teaching assistance job back, and could continue her study at Ohio State.

Thursday, October 24, 2019

Understanding the Supply Chain Sunil Chopra

CHAPTER ONE Discussion Questions 1. Consider the purchase of a can of soda at a convenience store. Describe the various stages in the supply chain and the different flows involved. When a customer purchases a can of soda at a convenience store, his purchase represents the end of a supply chain’s delivery of an item and the beginning of information regarding his purchase flowing in the opposite direction. The supply chain stages include customers, retailers, wholesalers/distributors, manufacturers, and component/raw material suppliers. A customer’s purchase moves product towards the customer and dollars and information towards the retailer.The retailer places an order from the wholesaler/distributor to replenish stock, thereby moving information back up the supply chain while moving product down the supply chain. As the order is filled, the retailer will move dollars back up the supply chain. The wholesaler/distributor transmits information and dollars to the manufacture r who produces product and ships it down the supply chain to the wholesaler. Finally (or initially, depending on your perspective) the manufacturer moves orders (information) and dollars towards suppliers in exchange for material flow into their production processes. 2.Why should a firm like Dell take into account total supply chain profitability when making decisions? Dell realizes that their ultimate success lies with the success of their supply chain and its ability to generate supply chain surplus. If Dell was to view supply chain operations as a zero sum game, they would lose their competitive edge as their suppliers’ businesses struggled. Dell’s profit gained at the expense of their supply chain partners would be short lived. Just as a physical chain is only as strong as its weakest link, the supply chain can be successful only if all members cooperate and focus on a lobal optimum rather than many local optima. 3. What are some strategic planning and operational decisions that must be made by an apparel retailer like The Gap? As The Gap plans supply chain strategy it must first consider the marketing function’s pricing plans in order to structure a supply chain consistent with these plans. Strategic considerations such as the capacity of each supplier and assembly operations, sourcing decisions and how logistics are to be handled are all part of the design. The supply chain must also settle on communication channels and frequencies.Supply chain planning takes the strategic decisions as a given and seeks to exploit efficiencies in the chain to maximize supply chain surplus. The entire chain should collaborate in forecasting and planning production to achieve a global optimum. The forecasts should take into account planned promotions and known seasonal fluctuations in demand. The operational decision takes the plans as a given and makes day-to-day decisions to process customer orders, allocate resources to certain customers, trigger or ders from supply chain members, and deliver product. 4. Consider the supply chain involved when a customer purchases a book at a bookstore.Identify cycles in this supply chain and the location of the push/pull boundary. All supply chain processes can be broken down into four process cycles that connect the five stages of the supply chain; the customer order cycle, the replenishment cycle, the manufacturing cycle, and the procurement cycle. The customer order cycle connects the customer with the retailer; this connection is made as the book, perhaps Supply Chain Management by Chopra and Meindl, is selected and paid for by the customer. The replenishment cycle connects the retailer and the distributor and is triggered by the retailer’s need to fill the empty shelf space with nother copy of this tome. The manufacturing cycle connects the distributor and the manufacturer. As demand for the book is realized and distributors empty their warehouses, they signal the manufacturer to p rint another million copies to fill their empty warehouses. Finally, the procurement cycle connects the manufacturer and the supplier. The manufacturer requires raw material inputs of paper, ink, etc. , to begin the assembly process for another batch of Supply Chain Management. The push/pull boundary exists where demand switches from reactive (pull) to speculative (push) production.For most bookstore supply chains the push/pull boundary is between the customer order cycle and the replenishment cycle. The customer order pulls the book from the book store shelf but the initial production of the book was triggered by a build order that moved materials along the supply chain to the retail outlet. 5. Consider the supply chain involved when a customer orders a book from Amazon. Identify the push/pull boundary and two processes each in the push and pull phases. In Amazon’s original operations design the push/pull boundary existed betwixt the retailer (Amazon) and their distributor.A mazon ordered product from the distributor and the customer order arrived. Today, Amazon has six warehouses where it stocks an inventory of items it is confident that will sell. In this scenario, the push/pull boundary exists between the customer and the retailer. Processes in the pull phase are the order fulfillment, shipping, customer returns, and customer billing. Processes in the push phase are production, stock replenishments, shipping, and payment. 6. In what way do supply chain flows affect the success or failure of a firm like Amazon?List two supply chain decisions that have a significant impact on supply chain profitability. The success or failure of a company like Amazon is decided by the effective function of its supply chain. The flow of products from publishers to distributors to customers must be rapid and reliable in order to satisfy customers. The flow of information back through the supply chain allows all members to coordinate efforts. The flow of money allows all supply chain members to maintain operations. Supply chain profitability is influenced by sourcing, promotion, and fulfillment decisions.

Wednesday, October 23, 2019

Study Questions 4

Lesson 1 (3. 0 points) 1. What is credit? (0. 5 points) The ability to obtain goods or services before payment, based on the trust that payment will be made in the future: â€Å"unlimited credit†. | | | 2. What is a credit score? (0. 5 points) Your credit score is a three-digit number generated by a mathematical algorithm using information in your credit report 3. What is installment credit? (0. 5 points) a loan repaid with interest in equal periodic payments. 4. What is revolving credit? (0. 5 points) Credit that is automatically renewed as debts are paid off. . What is noninstallment credit? (0. 5 points) Non-installment credit refer to a system of credit that is payable in one lump-sum amount by a specified date 6. Name at least one section of a credit report. (0. 5 points) lenders Lesson 2 (3. 0 points) 1. Name at least one of the steps in establishing credit. (0. 5 points) Incorporate your business. 2. Name at least one alternate option to establishing credit if you are u nable to get a credit card yet. (0. 5 points) Get a secured credit card. 3. What is debt services default? 0. 5 points) When an individual, company or sovereign nation borrows money, there are usually legal obligations that have been set out in a debt contract 4. What is the Better Business Bureau? (0. 5 points) A Better Business Bureau (BBB) is a private, nonprofit organization that provides services and programs to assist consumers and businesses 5. What is a debt settlement program? (0. 5 points) is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full. 1] 6. What is bankruptcy? (0. 5 points) The state of being bankrupt: â€Å"many companies were facing bankruptcy†; â€Å"bankruptcy proceedings†. Lesson 3 (3. 0 points) 1. What is an annual percentage rate? (0. 5 points) the rate, for a payment period, multiplied by the number of payment periods in a year. 2. What is an annual percentage yie ld? (0. 5 points) The effective annual rate of return taking into account the effect of compounding interest. APY is calculated by 3. Name at least one advantage of credit cards. 0. 5 points) Offer free use of funds, provided you always pay your balance in full, on time 4. Name at least one disadvantage of credit cards. (0. 5 points) Cost much more than other forms of credit, such as a line of credit or a personal loan, if you don't pay on time. 5. If you take out a $1,000 loan for college at 7% interest, what is the principal? (0. 5 points) $1000 6. What is a loan? (0. 5 points) A thing that is borrowed, esp. a sum of money that is expected to be paid back with interest.