Managment Decision Problems

Snyders of Hanover, which sells more than 78 million bags of pretzels, snack chips, and organic snack items each year, had its financial department use spreadsheets and manual processes for much of its data gathering and reporting. Hanover’s financial analyst would spend the entire final week of every month collecting spreadsheets from the heads of more than 50 departments worldwide. She would then consolidate and re-enter all the data into another spreadsheet, which would serve as the company’s monthly profit-and-loss statement.

If a department needed to update its data after submitting the spreadsheet to the main office, the analyst had to return the original spreadsheet and wait for the department to re-submit its data before finally submitting the updated data in the consolidated document. Assess the impact of this situation on business performance and management decision making. Data gathering and reporting by manual process can affect the business as humans mistakes happen with the data entry.

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It is also time consuming as it keeps back the completion of the profit and loss statements, as some departments inquire to update data after submitting in which the analyst has to send the original copy and wait for completion before entering it into the final document. By collecting data of fifty headquarters at the same time and entering it into a spread sheet won’t tell which business branch is experiencing problems and if they are making a lost or a profit. It will impact the business as this spreadsheet software doesn’t specify in detail the business braches performance and will lead to make a lost in some branches.

The business should implement software that will permit them to have a closer look of the business performance of each branch. If a business branch is always making mistakes in their reports the person in charge of that department should be dealt with. 2. Achieving Operational Excellence: Using Internet Tools to Budget for Shipping Costs You are the shipping of a small firm that prints, binds, and ships popular books for a midlevel publisher. Your production facilities are located in Albany, New York (ZIP code 12250). Your customers’ warehouses are located in Irving, Texas (75015); and Portland, Oregon (97202).

The production facility operates 250 days per year. Your books are usually shipped in 45-pound packages, measuring height: 9 inches, length: 13 inches, width: 17 inches. The company ships about four boxes to each of the warehouses on an average day. Your task is to select the best shipper for your company. Compare these shippers, such as FedEx (www. fedex. com), UPS (www. ups. com), and the U. S. Postal Service (www. usps. gov). Consider not only costs but also such issues as delivery speed, pickup schedules, drop-off locations, tracking ability, and ease of use of the website.

Which service did you select? Explain why. After analysing the three ship companies, I decided to use USPS (United States Postal Services). The other two companies had many disadvantages as compared to USPS. USPS website is user friendly and allows you to browse through the site and assists website users with information about their services. The prices for them are more reasonable than the other two companies. After calculating it prices, it will cost my business $1,666. 00 and the weight amount I want to sell is possible. Meanwhile with FedEx, the weight amount shouldn’t exceed more than 20 lbr or 9. 7 kg. Considering this wasn’t an option as the weight of my products exceeds the amount permitted. Their website is not user friendly, in order to obtain information from them the person must be a member. On the next hand UPS(United Postal Service), is time consuming as their deliveries take longer to reach to destinations. It was a problem getting around in their website as they are not user friendly. If I was to use their mailing system, it will cost me $2074. 16 from Albany to Texas. Their mailing system is more costly that usps.

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Managment Decision Problems. (2017, Feb 28). Retrieved from https://graduateway.com/managment-decision-problems/