Assignment: This is a written research paper required for this project. Be sure that you follow proper APA formatting and works citation both internally and at the end of your paper. There is an APA link located at the beginning of the course to assist you. Your grade will reflect the quality of your research and ability to thoroughly answer the above questions/ issues using research to support your assessments and the contents of the textbook to further discuss each area. The quality of your research paper should be written in manner that reflects understanding and use of key concepts from the textbook along with supporting material from external resources. Proper citation within and at the end of your work is required in research. The report must follow the outline below: 1. Executive summary (no more than one page) (25 points) - Summarize what is the problem, what Operations and Supply Chain Management concepts/tools have been applied to the problem, and what are the expected results of the proposed solution. 2. Background information (25 points) - Clearly state whether the problem is from your own work or from business articles/cases. If it is from business articles/cases, provide its source (title, author, name of the journal, date published). - Briefly introduce the company background (e.g., name, products, business size, location, internal/external interesting facts, etc). 3. Problem Description (25 points) - Describe the problem clearly and specifically. - You should focus on a single OPERATIONAL problem, although you can introduce several other issues for informational purposes. General management problems are not acceptable. - The problem may involve either operational decision-making or process improvement. - This section must include a problem statement starting with, e.g., "This paper considers the problem of determining ...", "The main problem of the firm is how to ...", etc, either in the beginning or at the end of the section. 4. Operations and Supply Chain Management concepts/tools that can be applied (25 points) - Describe what specific Operations and Supply Chain Management concepts/tools can be applied to the problem and why they are appropriate to the problem. This section should make it clear that you understand the concepts/tools you are about to use. 5. Application of Operations and Supply Chain Management concepts/tools (40 points) - Choose an Operations and Supply Chain Management concept/tool or a set of concepts/tools among the ones provided in section 4 and apply it to propose a solution to the problem. - In this section you "must show your calculations", which means that you must use real or estimated/simulated data in solving the problem or analyzing the process. It is NOT acceptable to provide only general descriptions of how the concepts/tools can be applied. 6. Analysis of expected results (20 points) - Analyze the expected results of the proposed solution. You should compare between before and after the implementation of the proposed solution and justify the proposed solution clearly. - The expected results may include cost/revenue impact and/or improvement of operational performance such as throughput time, throughput rate, and inventory. You must be specific to receive full credit. 7. Conclusion (40 points) The meaning of an operational problem will become clearer as you study this course (see the textbook contents). An operational problem may involve process design and improvement, supply chain management, capacity planning, inventory management, quality management, project management, production planning and control, forecasting, facility location and layout, supplier management, purchasing, distribution, etc. You are strongly encouraged to find a problem from your own work, so that you may apply to your work the concepts/tools that you learned from this course. If you choose to find a problem from business articles/cases, you can find one from any journals/newspapers such as The Wall Street Journal, Bloomberg Businessweek, Forbes, Harvard Business Review, and so on. Or you can surf the Internet to find an interesting article/case.