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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4.709 Operations Management Individual Assignment Lecturer: Mr. Ray Ninow Bhawana Vohra – ID No. 20140195 Total words: 1869 1. Custom Fabricators Company (a) The balance of Customer Service and Resource utilization Customer service is a series of activities designed to enhance the level of customer satisfaction – that is‚ the feeling that a product or service has met the customer expectation. Customer Service is defined by three
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Operations Strategy Chapter 1 Operations strategy – developing resources for strategic impact Operations strategy concerning the operation function itself‚ and how it can contribute to strategic success. Also how any function can develop its processes and resources and establish its strategic role. Operations can satisfy customers by five objectives: 1. Costs 2. Revenue 3. Operations-related risk 4. Investment 5. Future innovation Fig 1.1 Four perspectives: How to establish a connection between
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director of supply management of EMC to explore and exploit all the available option to cut the expense in order bolster their business. 1. What actions should Sally take to reduce inventories by 10 percent? Reducing inventories by 10 percent can’t be met by focusing on any single aspect of business but need a holistic approach. There are many approaches available for reducing inventories and Sally should exploit all the opportunities. As a director of supply management‚ Sally can study the
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Internship Report On “HRM Practices in PRAN-RFL GROUP” Prepared for Md. Rakibul Haque Assistant Professor Department of Business Administration Dhaka International University. Prepared By Abu Mohammad Motasim Reza Roll: 38 EMBA program 29th Batch (4th Semester) Department of Business Administration Dhaka International University. Dhaka International University. Letter of Transmittal 10th October 2012 Md. Rakibul Haque Assistant Professor
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Hospital waste management By Karthik Kesar P S Ramkumar K Genevious Daniel Introduction Hospital waste management is one of the most critical and yet underrated kind of waste management .The growing number of hospitals and the unhealthy eating habits of the people has contributed to the rising number of patients in hospitals. Wastes that are improperly disposed lead to spreading of infection. This will lead to the unhealthy society as a whole. Modern day societies place high importance
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The process of operations strategy – substitutes for strategy? (Week 9) Lecture aims This lecture is a little different from the other lectures in the book. It deals with a number of ‘new’ approaches to the management of operations that are often seen as operations strategies‚ but are not actually strategies in themselves. Six of the more important ‘new’ approaches are treated in this lecture‚ namely‚ Total Quality Management‚ lean operations‚ Business Process Reengineering‚ Enterprise Resource
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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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1. Explore through the literature the concept of (Business) sustainability and explain it briefly. Also using references on Operations Strategy describe what sustainability in operations strategy means. Answer: Traditional cost management models tend to only focus on production costs‚ whilst ignore product’s cost of design‚ development and customers using. In other words‚ the business concern visible costs and ignore intangible costs that means the destruction of the surrounding environment such
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a centralized corporate level Materials Management System to consolidate buying decisions for each of the 4 dealerships. This would facilitate greater leveraging with suppliers for consistent quality-control. They should study‚ calculate and make effective decisions on the materials that should be brought for each of the four dealerships instead of allowing each dealer to do it on their own. An automated EDI (Electronic Data Interchange) inventory management system that interconnects with each of
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