operations-management notes (no 1) by professor zubin_____________________________________________________________________________________________ sub-functions of ’operations’ function in a large manufacturing organisation in a manufacturing company operating in a ‘gala’ of an ‘industrial estate’ with one proprietor‚ one supervisor and 10 workers … § the proprietor is the hr manager‚ purchase manager‚ the marketing manager and the finance manager § the supervisor is the stores manager‚ the production
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2013 CAS Online Course 1 Risk Management and Insurance Operations Risk Management and Insurance Operations is called Online Course 1 by the CAS and CA1 by The Institutes. (Prometric lists this course as CAS1 on its Web site under The Institutes.) Online Course 1/CA1 prepares CAS candidates for a two-hour‚ seventy-five-point multiple-choice examination. The online course and exam were developed collaboratively with The Institutes. The online course is available through the CAS Online Courses
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Introduction Prof. Christian Terwiesch Operations in a Restaurant Prof. Christian Terwiesch Operations in an Emergency Room Prof. Christian Terwiesch Operations from the Perspective of the Customer Prof. Christian Terwiesch Four Dimensions of Performance Cost Quality ▪ Efficiency ▪ Product quality (how good?) ▪ Process quality (as good as promised?) Variety Time ▪ Customer heterogeneity ▪ Responsiveness to demand Important for - Performance measurement
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Chapter #1: Introduction to Financial Statements Brief Exercises BE 1-1 Match each of the following forms of business organization with a set of characteristics: sole proprietorships (SP)‚ partnership (P)‚ corporation (C). _P__ Shared control‚ tax advantages‚ increased skills and resources. _SP_ Simple to set up and maintains control with owner. _C__ Easier to transfer ownership and rise funds‚ no personal liability. BE 1-2 Match each of the following types of evaluation with one of the
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MANAGEMENT ACCOUNTING AND ORGANIZATIONAL CHANGE: IMPACT OF ALIGNMENT OF MANAGEMENT ACCOUNTING SYSTEM‚ STRUCTURE AND STRATEGY ON PERFORMANCE Introduction In the search to understand management accounting in competitive environments and advance technologies‚ change has increasingly become a focus for research. Many firms have experienced significant changes in their organizational design‚ competitive environments and technologies. Business environments exhibit a variety of structures and processes
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Effective Communication Effective Communication is the thread that binds our society together. Effective communicators are able to use thread to shape the future. To be an effective communicator‚ one must know how to put words together that communicate thoughts‚ ideas‚ and feelings. That is why communicating effectively in the workplace is so important. It helps us better understand a person or situation‚ enables us to resolve differences‚ build trust and respect‚ and create environments where
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MBA SEMESTER-4 ASSIGNMENT set 1 Name :……………………….. Registration No. :………………………. Learning Center :………………………. Learning Center Code :……………………… Course :………………………. Subject :………………………. Semester :………………………. Module No. :………………………. Date of submission :………………………. Marks awarded :………………………. Directorate of Distance Education Signature of Sikkim Manipal University Center Signature of Evaluator II Floor‚ Syndicate House Manipal- 576104 Signature of Coordinator Important Note to the Students: The student
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What is operations management? Operations management is an area of management concerned with overseeing‚ designing‚ and controlling the process of production and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed‚ and effective in terms of meeting customer requirements. It is concerned with managing the process that converts inputs (in the forms
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process create value for customers and solve their problems. Production and operations management talks about applying business organization and management concepts in creation of goods and services. 1.1. PRODUCT Though many authors define the product with Consumer orientation‚ it is better for us to deal with different angles‚ because it will be helpful for us to understand the subject of production and Operation Management. (i) For a Consumer: The product is a combination of or optimal mix of
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sales as reported were 23.1 billion. It took long time and careful planning for Ikea to offer sophisticated products to customers at reasonable price. According to slack operation (2010) management deal how company manage its operation production and sales being two important part of it. Ikea embracing the idea of operation management creates and implements strategies in a way that the requirements of the customers and satisfied in optimum level. This report shows how IKEA thought being an outsder have
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