Ch3 – O.M 1) Strategic decisions are those which: A) Only involve senior managers B) Require the input of external consultants and management accountants. C) Seek to move the whole organisation towards its overall long-term goals D) Define the position of a business unit with respect to its operational capabilities 2) The determination of performance priorities is normally influenced by: A) The specific needs of the company’s customer
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Unit-4 Secondary objectives of materials management: secondary objectives are limited in number or in scope as primary objectives. Since they represent the materials management contribution to the achievement of primary objectives of some other departments‚ they can vary widely from industry to industry. 1. Reciprocal relations: when a company deliberately buys as much as possible from its own customers it is said to practice reciprocity. 2. New materials and products: engineering and manufacturing
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Centre for Continuing Education Executive MBA (OIL & GAS Management) Semester II YEAR: 2013 SESSION: January Assignment – 1 For Operations & Material Management (MBCQ 722D) (To be filled by the student) Name: _______________________ Sap No/Regn No: _______________________ Section A (20 Marks) Write short notes on any four of the following 1. Production management functions 2. The era of scientific management 3. Optimal criteria for selecting a plant location 4.
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environment‚ where competition reaches outstanding levels and variables such as consumer demand are increasingly more difficult to analyze and predict‚ it all comes to the abilities of managers to keep their companies successful. CEO’s‚ marketing and operations managers‚ they all play a vital role in the profitability of their companies‚ no matter if they are small regional companies or large multinational corporations. Since the start of the economic crisis in 2008‚ all national economies face difficulties
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like a small scale industry mainly selects the site where in accordance with its capacity the local market. for the product is available DEFINATION OF FACILITY LOCATION AND LAYOUT Facility location‚ also known as location analysis‚ is a branch of operations research concerning itself with mathematical modeling and solution of problems concerning optimal placement of facilities in order to minimize transportation costs‚ avoid placing hazardous materials near housing LOCATION DECISION Location decisions
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certification? a. it is a prerequisite for ISO 9000 certification b. it indicates a higher level of adherence to standards than ISO 9000 c. it is only sought by companies exporting their goods d. it deals with environmental management 8. Total Quality Management emphasizes a. the responsibility of the Quality Control staff to identify and solve all quality-related problems b.
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One of the new drives is the effective supply chain management which brings customer satisfaction and profitability. Many retailers especially supermarkets and grocery stores use different strategies in order to achieve an effective supply chain management. Faced with predictable variability‚ a company’s goal is to respond in a manner that balances supply with demand to maximize profitability (Chopra & Meindl‚ 2013: 247). Inventory management is the activity of planning and controlling accumulation
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Audi for more than eighty years now is trying to achieve to construct the perfect automobile for ultimate driving pleasure. In order to achieving this‚ the German automaker choose the way of trying to combine all possible competitive features of its competitors in to one car. This becomes visual by having a closer look at the advertisements and the positioning strategies that the four-ringed manufacturer is using. According to a commercial which has been added on You Tube August 2006 Audi combines
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industry‚ the competitors AUDI Aktiengesellschaft[1] | | Type | Public | Traded as | FWB: NSU | Industry | * Automobile distribution * Automobile manufacturing | Founded | Zwickau‚ Germany (16 July 1909 (1909-07-16))[2] | Founder(s) | August Horch[2] | Headquarters | Ingolstadt‚ Germany | Number of locations | 7 production facilities in 6 countries | Area served | Worldwide | Key people | * Rupert Stadler‚ Chairman of the Board of Management * Wolfgang Egger‚ Head of
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Home>Company>History Audi Tradition Evolution of the models Today’s AUDI AG looks back at a history that spans more than 100 years of automobile construction. An exciting voyage through time that started in the late 19th century. The Saxon brands of Audi and Horch from Zwickau‚ Wanderer from Chemnitz and DKW from Zschopau played a decisive role in motor vehicle development in Germany. These four brands amalgamated in 1932 to form Auto Union AG – with the sign of the four rings. 1901-1918
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