Section 1 (Strategy)-Page 37‚38‚39 QUSETION 1 Average monthly productivity (units/hour) for the month of: |MONTHS |PRODUCTIVITY | |January |2300 / (325*3) = 2.36 | |February |1800/ (200*5) = 1.80 | |March |2800/ (400*4) = 1.75 | |April |3000/ (320*4) = 2.34 | Average Monthly Productivity= (2.36+1.80+1.75+2.34)/4 = 2.06 QUESTION 2 Productivity = sales
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ASSIGNMENT #2 SELECT ONE INOVATIVE PRODUCT FOR YOUR COMPANY WHICH YOU ARE GOING TO INTRODUCE IN THE MARKET.ON THE POIN OF VIEW FIND OUT OUR MISSION AND VISION OF MY COMPANY. AND SHOW YOUR MARKETING STRATEGY AND USE FOUR P’S ON YOUR STRATEGYS. ANSWER ZAFIRAH Company Mission: Our philosophy and core values are centered on our desire to provide the safest and most reliable products and services to our customers‚ employees‚ medical professionals‚ and stockholders. Our consistent market growth and
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2/21/2014 EM 502 OPERATIONS MANAGEMENT INTRODUCTION Middle East Technical University 1 Department of Industrial Engineering 06531 Ankara / Turkey General Information • Textbook: Operations Management by Heizer and Render‚ Prentice Hall‚ 10th Edition‚ 2010. • Grading – Midterm Exams (2) 60% – Final (Comprehensive) 20% – Case Studies (2 or 3 – team work) 20% Middle East Technical University 2 Department of Industrial Engineering 06531 Ankara / Turkey 1 2/21/2014 Outline • • • • • • • •
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1. Why is operations management a more encompassing term than production management? A. Operations management is concerned with multiple products and services B. Operations management refers to service as well as manufacturing organizations C. Operations management is broader including the financing and marketing functions D. Operations management makes use of the tools of quantitative analysis and computer systems 2. Which of the following functions is responsible for the actual movement
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ost = $ 65/order 4. MamaMia’s Pizza purchases its pizza delivery boxes f rom a p rinting supplier. M amaMia’s delivers on average 2 00 pizzas each m onth (assume deterministic demand). Boxes cost 2 0 cents each‚ a nd e ach o rder c osts $ 10 t o process. Because o f limited storage space‚ the manager w ants t o c harge inventory hold ingat 3 0 p ercent o f the cost. The lead time is 7 days‚ a nd t he restaurant is open 3 60 days per year‚ assum ing 3 0 days per m onth. D etermine
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Q1: A manufacturer’s average work-in-process inventory for a certain part is 1‚000 units. The workstation produces this part at the rate of 200 units per day. What is the average time a unit spends at this workstation? Inventory‚ ‚ Throughput‚ . Thus‚ Flow time‚ . A unit spends an average time of 5 days at this workstation. Q2: The Wilcox Student Health Center has just implemented a new computer system and service process to “improve efficiency.” As pharmacy manager‚ you are concerned
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Fucauma Mine is a Angola’s flagship diamond beneficiation venture‚ which might develop 120 thousand carats a 12 months. The Catoca Mine could be the world’s 4th largest kimberlite. The kimberlite yields good quality diamonds. Application Of Really hard Rock Mining Equipment Hammer crusher is mostly utilized to minimal abrasion materials with medium hardness and compression power not exceed 100Mpa. For example coal‚ salt‚ chalk‚ gypsum‚ bricks‚ tiles‚ limestone‚ glass‚ etc. It is also used to crush
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Homework Assignment #3 : Quantitative Problem Set 2 Group 6 Q 7.3(Car Rental Company) m= 50 | (hour) | a | 2.4 | CVa | 1.000 | p | 72.0 | CVp | 0.333 | a. The average number of SUVs parked = 50cars × (1 – 60%) = 20cars * Utilization = p / ( a × m) = 72.0 / (2.4 × 50) = 60% b. 1) Analysis of process : a. Calculate Utilization b. Calculate Revenue 2) The daily revenue of this company increase from 2‚400 to 2‚640. (Revenue increases about 240)
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Holly Farm In 2003‚ Charles and Gillian Giles decided to open up their farm to the paying public‚ in response to diminishing profits from their milk and cereal activities. They invested all their savings into building a 40 space car park and an area with spaces for 40 seater buses‚ a safe viewing area for the milking parlour‚ special trailers for passengers to be transported around the farm on guided tours‚ a permanent exhibition of equipment‚ a rare breads paddock‚ a children’s adventure playground
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4th : 23-12-2012 _ Learner Signature Assignment – I 1. Discuss the role of operations manager in an organization. Operations management: Operations Management is an area of management concerned with overseeing‚ designing‚ 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
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