Business Finance Homework Help

Watch the video “UPS Gettysburg Orion” on YouTube (View time 8:17).

Then address these questions:

1. What risks might UPS face by relying on the Orion system?
2. Consider an organization that you are familiar with. Whether it’s packages, people, or processes, what part of that organization might benefit from an operations research solution similar to Orion?

After posting your inital response to the questions, respond to at least two others’ posts in the discussion. Refer to the MGMT 3154 Discussions Grading Rubric.pdf MGMT 3154 Discussions Grading Rubric.pdf – Alternative Formats before participating in discussions so you know the criteria I’m looking for when you post.

Please respond to each peer’s post separately

1- First peer’s post: Maddey

1. What risks might UPS face by relying on the Orion system?

I think that two of the main risks that UPS faces by relying on the Orion system are technological risks and financial risks. UPS heavily relies on the Orion system to develop a route for each driver everyday and without this system UPS could lose millions of dollars a year and could potentially bankrupt them. Some of the technological risks that UPS can face with the Orion system is someone hacking into the system, a virus hack, or there is a system malfunction. If this were to happen and each driver had to route out their deliveries for the time the system was down. The company can be at risk of losing a lot of money because of how many possible ways there are to delivery all of the packages and all other components that effect the delivery time, for example the time each package needs to arrive to someone. UPS can also face financial risks with the Orion system because they are regularly investing into the system to keep it optimized, updated, secure, and efficient.

2. Consider an organization that you are familiar with. Whether it’s packages, people, or processes, what part of that organization might benefit from an operations research solution similar to Orion?

I think a trucking company that is right down the road from me could benefit from an operations research solution like Orion. One of my family members delivers parts for this company and when they are having to travel out of town to deliver around 20 parts to different customers, I think a system like this would be very beneficial and could save the company lots of money. Like the UPS video gave the example of how many different routes are possible, likewise here. If the delivery drivers are coming up with their own routes, it might not be the most optimized route potentially

2- Second peer’s post:

1.What risks might UPS face by relying on the Orion system

By relying on the Orion system for package delivery routes, UPS may be exposed to several risks. First, in the event that the program has some sort of glitch or issue that results in less-than-optimal routes, the average employee may not be able to identify the problem. As mentioned in the video, a glitch or bug in the system that extends routes by even one minute per driver could cost UPS millions of dollars over the course of a few months. Additionally, the system may not be equipped to handle the constant change that occurs in the real world. For instance, car accidents, construction, changes in traffic patterns, and a multitude of other hard-to-predict variables may be better handled by a human rather than by a computer. However, the program may have a way to control for these variables.

2. Consider an organization that you are familiar with. Whether it’s packages, people, or processes, what part of that organization might benefit from an operations research solution similar to Orion?

By working closely with the advising office in the college of business, it has come to my attention that there is about a four-week span during registration time each semester that is always a logistical nightmare for the quartet of academic advisors in the college of business who each individually advise hundreds of students. In years past, I was invited in to one of the preparation meetings to give my input as a student on this process. During my time as a student, these advisors have experimented with scheduled meeting times, walk-ins, and a hybrid approach, but they have yet to find the optimal solution to this time-consuming and stressful process. Thus, I believe the advising office would benefit immensely from a research solution similar to Orion.