Question
Question:- Below is the Ppt for my presentation. I have to write the final paper based on this i am also sharing the final paper
Question:- Below is the Ppt for my presentation. I have to write the final paper based on this i am also sharing the final paper sample.
Ppt is on kings mattress company where my M&VE is digitalizing payment system in firm.
Final Paper Requirements MGMT 5575
Scoring Rubric
?EVALUATIVE CRITERIA:
?The scoring rubric is as follows:
?
?Attendance/Participation 10% of grade
?Quizzes - 2 15% of grade
?Homework - 4 20% of grade
?Case Study mid-term -1 20% of grade
?Team Project Presentation - 1 10% of grade
?Final Individual Project Paper - 1 25% of grade
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Internal
Final Paper
?CONSIDER YOU ARE WRITING THIS FOR SOMEONE WHO KNOWS NOTHING ABOUT THE TOPIC
?Table of Contents (minimum)
?Good/Service
?MV&E
?Process Diagram
?Quality/Process Analysis
?Layout
?Supply Chain/Costs
?Conclusion
?APA format
?Organization of the paper is important - see the Popeyes example of how it was consistent: Good/Services: issues, recommendations, results, risk
?Individual paper covering only your topic
?Key considerations
?Look beyond just the basic assignment of defining the MV&E for the Good/Service, Process Analysis, Layout Strategies
Internal
Final Paper
?Evaluate why you chose the Good/Service; consider discussing Good/Service based on (some, all, more of below)
?quality issues,
?cost impacts (negative/positive),
?legal issues,
?supply chain,
?revenue impacts (revenue is different than costs)
?Note the example of the fishbone used by the other student to create a picture for the audience of the issues surrounding the company
?Discuss the Goods and Services and the MV&E you are recommending and its consequences relating to the above factors
?Each paper should contain discussions on all items
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Internal
Process Diagrams
?Process Diagrams for Your of the Good/Service MV&E
?Look professional and be highly detailed in descriptions.
?Ideally you should be delivering text about the graphic (the example project I showed did not provide text - it was left up to the reader to decide what the graph showed and what pieces are important).
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Other Sections
?Quality (choose Your Goods Services and MV&E
?Discuss the TQM Tool
?Discuss the TQM Process Analysis
?You should be showing the examples and the detailed design of your TQM Process Analysis
?Layout (choose Your Goods Services and MV&E)
?Discuss at a minimum costs, risks, payback
?Supply Chain/Costs (choose Your Goods Services and MV&E)
?Discuss cost impacts, quality of service/product impacts, revenue, etc...
Internal
Final Paper
?Always leave the audience with what's next, where might the roadmap take them
?Evaluate if there are next generation actions or projects that can come from your initial MV&E for the Good & Service. What are the benefits from successfully completing this MV&E that could lead to new things going forward - don't need great detail but anything in Operations Management that is successful should always be a base to drive continued operations improvements in other areas.
Sample paper -1
Johnson & Wales University
Final PaperSubmitted in Partial Fulfillment of the
Requirements for the MBA Degree
MGMT 5575 Operations Management
Name of Student: Samantha Greene
Submitted to: Professor Mark Grant
Date: December 9, 2021
Table of Contents
Introduction?3
Goods/Services?4
M&VE?7
Process Diagrams?13
Quality..........................................................................................................
Layout?20
Supply Chain?23
Conclusion?24
References?25
INTRODUCTION
?
GOODS/SERVICES
Figure
Fishbone Chartof all Problems(this student chose to show the major issues right up front to get reader involved in the issue in a graphic manner and showed the diagram again later. This is strictly a choice).
Stairs in Dining Room
?Discussion of problems driving the M&VE
M&VE(the example below is a renovation of the dining area at Cheesecake Factory)
Improved Job Design & Safety -Stairs
Initial Recommendations
Discussion
Risks
Discussion
Advantages
Discussion
Cost-Benefit Analysis
?
Worst-Case Scenario for Renovating the Dining Room
Figure
Best-Case Scenario for Renovating the Dining Room
?Figureshowshow much annual revenue the restaurant will make and how long the recovery period will be in each case.
Figure
Profit and Recovery
?Discussion
Figure
Example BCG Matrix(Boston Consulting Group)
?
PROCESS DIAGRAMS
Figure
StairsRenovation Process(Conservative)
Figure
StairsRenovation Process(Aggressive)
Discussion of Figures
QUALITY
(Discuss only yourquality topic.
TQM tools
Fishbone, Check Sheets, other
TQM Process Analysis
PDCA, DMAIC, Employee Empowerment,etc...
?
LAYOUT
(Discuss only your layout. For instance, Mania will only describe her layout and discuss elements of cost, risks,etc... Kayleighwill do only her layout discussion for QR Delivery in the theatre,etc...)
Figure
Current LayoutDiagram
Discussion
Figure
Future Layout Diagram
Figure
Phase Two of Construction
Discussion ofFutureLayouts
?
SUPPLY CHAINor COST ANALYSIS
Discussion.
CONCLUSION
Discussion
References
Adobe. (2021).Project Constraints. Adobe Experience Cloud. Retrieved 2021, from https://www.workfront.com/project-management/knowledge-areas/project-constraints
France, N., &Chermak, D. (2019, March 7).When hiring a contractor, start early and choose wisely. The Seattle Times. Retrieved 2021, from https://www.seattletimes.com/explore/at-home/when-hiring-a-contractor-start-early-and-choose-wisely/
Liaison Ventures, Inc. (n.d.).How Much DoesABuilding Permit Cost?HomeGuide. Retrieved 2021, from https://homeguide.com/costs/building-permit-cost#vs
Papandrea, D. (2019, April 26).Are you ready for a restaurant renovation? 4 things to consider.Upserve. Retrieved 2021, from https://upserve.com/restaurant-insider/restaurant-renovation/
Romeo, P. (2020, May 6).Cheesecake factory hits the break-even point. Restaurant Business. Retrieved 2021, from https://www.restaurantbusinessonline.com/financing/cheesecake-factory-hits-breakeven-point
Steinberg, R. (2021).Does your restaurant need a renovation? how to plan, budget & execute a successful overhaul. notch. Retrieved 2021, from https://www.notchordering.com/blog/restaurant-renovations-plan-budget-execute
TCF Co. LLC. (2021). The Cheesecake Factory. Retrieved 2021, from https://www.thecheesecakefactory.com/
Toast, Inc. (2021).5 restaurant remodel costs to budget for. Toast. Retrieved 2021, from https://pos.toasttab.com/blog/restaurant-remodel
This is a Sample Final Paper of other student in the same manner the final paper has to be made out of the ppt mentioned
Digital Payment gateway Problem, solution and Benefits Problem- Absence of Digital payment gateway Solution Outsourcing a third party payment servers. Installing digital payment machines in the firm where we have our own payment gateway installed and getting digital access over financial activities and keeping in track all the data and giving better customer service. Benefit- It would help to keep the track of overall sales and financial activities like .Financial Tracking integrates with daily quick books. . Daily Report generation. .Tracking down all the sales activity. .Tracking down deliveries.People Process In experienced employees Lack of daily data collection Machine Busy with service and data operations There is not even Defects in computer Careless towards one digital payment .networks equipment's/system mechanism. Absence of 03 02 01 Digital payment No digital gateway Lack of adaptable systems for Software performance merchant resolving client problems issues available 3rd Party System issues Management Anti Fraud Material alert issues TechnologyFlow-Chart Card Holder Make a CC Purchase Response Merchant Forward Details Interpret the Approved Yes Store in a batch relevant response response? Payment Gateway Authorize Protect CC Receives and Payments Details Forwards Response Acquiring Bank's Processor Verify CCDetails Verify Transaction Forward type and amount Response Code Authorizes the Card Issuer Customer's Credit available funds in the CCholder's Approved? Yes/No Send Response a/c Deposits all funds AcquiringBank Merchants to Merchant's nominated a/cNew financial Payment gateway Deposits amounts directly into .Identify: The organization lacks in a digital payment gateway bank accounts." Define: Setting up a digital payment gateway system online New payment gateway being tested only at the billing counter. Risk awareness: Staff lack sufficient knowledge of how digital Evaluating or assessing the trial's outcomes. payments operate. Results of the shift are expected to be improved customer Determining whether sales have increased. satisfaction and increased financial transparency. Determining the customer payment convenience increased. Plan Do Examining/Analyzing the results of the outcomes of digital Measuring the outcomes of each phase. payment systems that have been established. Act Check Compare the invoices from the sales and delivery divisions to After a period of effective operation, the systems implemented ascertain which are operating and which aren't. across the entire organization to improve sales and product output. Ensuring the complete sales are reflected in the bank statements with the finance department. Verifying output from customers/Consumers and organizational output for improved coordination. Transitioning from basic to standard payment method. . Considering this new digital payment systems as a baseline. Determining transaction time. Three-way invoice transmission across sales, accounts, and delivery. Making certain that everyone is working on the new payment standards.Relationship chart Sales Department Accounts Department Inventory Shipping and receiving Operations Department Packaging Department General Staff Absolutely required proximity Especially Important Important Ordinary Important Unimportant Closeness undesirable Table of Contents ...........3 Introduction ......... .......4 Goods/Services ......... Process Diagrams ..........""."."."' ... ..... Quality ........ Layout........ Supply Chain ....................""" Conclusion .............";;;;;;;;;"; References ..............INTRODUCTION GOODS/SERVICES Figure Fishbone Chart of all Problems (this student chose to show the major issues right up front to get reader involved in the issue in a graphic manner and showed the diagram again later. This is strictly a choice). Stairs in Dining Room Discussion of problems driving the M&VE M&VE (the example below is a renovation of the dining area at Cheesecake Factory) Improved Job Design & Safety - Stairs Initial Recommendations Discussion Risks Discussion Advantages Discussion Cost-Benefit AnalysisMark T. Grant Worst-Case Scenario for Renovating the Dining Room Excellent analysis. Nice job doing the cost analyses from some of the homework. However, one thing that makes the performance not quite so bad is that you are not losing full $75,000 weekly sales per location with dining room Currently 83 tables revenue, you are only losing the margin from the revenue. I don't know what typical margins are but if they are 30% closed for COVID-19 $215,000 / 83 = $2,600 per table per week gross margin the opportunity cost is only 30% of the 65% decrease Add two more tables $1.68M. Also don't forget to note what you want to do with (1 - 0.65)x = $75,000 x = $215,000 per week with $2,600 x 85 = $221,000 revenue per week the employees who are displaced. I assume lay them off, but dining room open make it clear. One less table rotation per night About $140,000 less per week with dining room closed Average bill per customer: $28.90 12 weeks = $1,680,000 opportunity cost of Average party size: 3.7 guests closing dining room $28.90 x 3.7 = $106.93 per bill . $106.93 x 7 = $748.51 less revenue per week Cheesecake Factory size: 5,400 to 21,000 square feet $221,000 - $748.51 = $220,251.49 weekly revenue 21,000 x $300 = $6,300,000 total reno cost Attracting new customers $1,680,000 opportunity cost + $6,300,000 reno cost + 10% increase in revenue $2,000 permit cost = $7,982,000 total cost $220,251.49 x 1.10 = $242,276.64 weekly revenue Heading 4 Figure Best-Case Scenario for Renovating the Dining Room About $140,000 less per week with dining room $221,000 revenue per week with 85 tables closed One more table rotation per night . 4 weeks = $560,000 opportunity cost of closing dining room $748.51 more revenue per week $221,000 + $748.51 = $221,748.51 Cheesecake Factory size: 5,400 to 21,000 weekly revenue square feet Attracting new customers . 5,400 x $150 = $810,000 total reno cost 20% increase in revenue $560,000 opportunity cost + $810,000 reno $221,748.51 x 1.20 = $266,098.21 weekly cost + $500 permit cost = $1,370,500 total cost revenue Figure shows how much annual revenue the restaurant will make and how long the recovery period will be in each case. Figure Profit and RecoveryAverage profit margin: 3%-5% Worst Case: $242,276.64 x 3% = $7,270 weekly profit o $7,270 x 52 = $378,040 annual profit o $7,982,000 / $378,040 = 21 year recovery period Best Case: $266,098.21 x 5% = $13,305 weekly profit o $13,305 x 52 = $691,860 annual profit $1,370,500 / $691,860 = 2 year recovery period Discussion Figure Example BCG Matrix (Boston Consulting Group) STARS QUESTION MARKS High market growth rate High market growth rate High relative market share Low relative market share Heading 4 Market growth rate CASH COWS DOGS Low market growth rate Low market growth rate High relative market share Low relative market share Relative market sharePROCESS DIAGRAMS Figure Stairs Renovation Process (Conservative) Figure Stairs Renovation Process (Aggressive) Discussion of Figures QUALITY (Discuss only your quality topic. TQM tools Fishbone, Check Sheets, other TOM Process Analysis PDCA, DMAIC, Employee Empowerment, etc.. LAYOUT (Discuss only your layout. For instance, Mania will only describe her layout and discuss elements of cost, risks, etc... Kayleigh will do only her layout discussion for QR Delivery in the theatre, etc...) Figure Current Layout DiagramDiscussion Figure Future Layout Diagram Figure Phase Two of Construction Discussion of Future Layouts SUPPLY CHAIN or COST ANALYSIS Discussion. CONCLUSION Discussion References Adobe. (2021). Project Constraints. Adobe Experience Cloud. Retrieved 2021, from https://www.workfront.com/project-management/knowledge-areas/project-constraints France, N., & Chermak, D. (2019, March 7). When hiring a contractor, start early and choose wisely. The Seattle Times. Retrieved 2021, from https://www.seattletimes.com/explore/at- home/when-hiring-a-contractor-start-early-and-choose-wisely/ Liaison Ventures, Inc. (n.d.). How Much Does A Building Permit Cost? HomeGuide, Retrieved 2021, from https://homeguide.com/costs/building-permit-cost#vsStep by Step Solution
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