EXAMINATION I NAME: __________________________________________________________ 1. David Upton is president of Upton Manufacturing‚ a producer of Go-Karts tires. Upton makes 2500 tires per day with the following resources: Labor: 50 hours per day @15.00 per hour Raw Material: 20‚000 lbs. per day at @ $3 per lb Energy: $5‚000 per day Capital: $10‚000 per day a) What is the labor
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for the parent and the subsidiary. Do the result seem misleading? b. Compute the multifactor productivity figures for labor and capital together. Are the results better? c. Calculate raw material productivity figures (unit/$ where $1= FC 10). Explain why these figures might be greater in the subsidiary. 6 Various financial data for 2004 and 2005 follow. Calculate the total productivity measure and the partial measures for labor‚ capital‚ and raw materials for this company for
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|D |3 | |I |E‚ G‚ H |3 | a. Construct the appropriate network diagram. (10 points) [pic] [pic] b. What is the project completion time? A-C-F-G-I OR A-D-F-G-I =3+4+6+2+3=18 WEEKS c. Suppose you want to shorten the completion time as much as possible‚ and you have the following
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The company targeted budget-minded consumers with the slogan "Where the Lowest Price is the Law." In the face of fierce rivalry from WalMart entering the competitive landscape and various operational shortcomings‚ Zellers made several strategic decisions and changes. After 1998‚ Zellers was using a niche market strategy‚ by adjusting its mission to become a "mom’s store." Zellers focused on offering fair value to consumers‚ as opposed to the lowest price. The company moved away from the low cost
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Aggregate Production Plan. CAPACITY PLANNING is a long term strategic decisions that establishes a firm’s overall level of resources. Capacity decisions affect product lead times‚ customer responsiveness‚ operating cost‚ and firm’s ability to compete. Inadequate capacity can lose customers and limit growth. Excess capacity can drain a company’s resources and prevent investments in more lucrative ventures. Critical Decisions are “when to increase capacity and how much to increase capacity”.
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OM 1. As a service business‚ the operations management activities of an airline company have nothing in common with the operations management activities within a bicycle manufacturing company. True False 2. Operations managers are responsible for managing systems that produce goods and/or provide services. True False 3. Effectiveness refers to achieving intended goals whereas efficiency refers to minimizing cost and time. True False 4. Operations‚ marketing‚ and finance function
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| Delhi | Mumbai | Bangalore | Kolkata | Availability of infrastructure | 20 | 40 | 60 | 35 | 55 | Size of the market | 30 | 30 | 40 | 60 | 80 | Industrial relations climate | 80 | 30 | 50 | 60 | 50 | Tax benefits and concessions | 80 | 20 | 10 | 20 | 20 | Availability of cheap labor | 70 | 70 | 45 | 50 | 50 | Nearness to port | 20 | 40 | 90 | 50 | 60 | Solutions Factors | Rating | Relatives weights | Availability of infrastructure | 90 | 0.28 | Size of the market | 60 | 0.18
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ASSIGNMENT 1 Assignment 1 Solve the following exercise (100pts): 1. Management Decision Problem 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
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------------------------------------------------- The Production/Operations Function In Business A. True/False 1. Production/operations Management refers to creation of goods whereas production refers to the creation of services. 2. All organisations‚ including service organizations such as banks and educational institutions‚ have a production function. 3. Production is a creation of goods and services. 4.
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What are the functional areas of management? Answer: There are many tasks every business needs to do if it is going to succeed. Each of these tasks is described as being a function of a business. The following is a brief introduction to each of these functions: * Human Resources - ensures the business has the best staff for the job and that they are able to work effectively in a safe environment; * Finance - will keep a record of all money coming in and going out of the business. They have
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