predictable flow‚ highest volume‚ and lowest variety. Example: water processing‚ petrochemical refineries Professional Services High contact processes‚ high customer contact and involvement‚ high level of customization‚ often people based. Example: Management consultants‚ doctors‚ lawyers Services Shops Mix of front and back-office services‚ differing levels of volume and variety. Example: Banks‚ hotels‚ schools‚ restaurants Mass Services High amount of throughput‚ limited customer contact‚ little
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ARTICLE CRITIQUE The influence of work-cells and facility layout on the manufacturing efficiency‚ Journal of Facilities Management. 1. Introduction This purpose of this paper is to critique the article ‘The influence of work-cells and facility layout on the manufacturing efficiency’ written by SeyedMahmoud Aghazadeh‚ Saeedreza Hafeznezami‚ Lotfollah Najjar and Ziaul Huq. This paper will first summaries the article. Secondly‚ it will briefly critique the article. Thirdly is the conclusion
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COST DEFINITIONS Fixed Cost – expenses that remain constant over a wide range of output volumes Variable Costs – expenses that vary proportionately with changes in output. Sunk Costs – expenses already incurred that have no salvage value Opportunity Costs – profits lost when one alternative is chosen over another that would have provided greater financial benefits. Avoidable Costs – expenses resulting from poor productivity incurred if an investment is not made. Out-of-Pocket Costs – actual
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Chapter 8 – Test #3 GLOBAL ECONOMICS AND TRADE Test Questions Multiple-Choice Questions 1) What was the Bretton Woods system designed to prevent? a. the expansion of the gold to dollar standard b. another Great Depression c. the sale of complex financial instruments called “derivatives” d. speculation in the markets for both gold and silver 2) In what year did the Bretton Woods system break down? a. 1971 b. 1980 c. 1995 d. 1966 3) The __________ tradition of IPE focuses on the ability of institutions
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should consider a centralized materials management system to study‚ calculate and make the decisions on what will be bought for each of the 4 dealerships instead of allowing each dealer to do this on their own. By buying their parts in a higher volume (one central order for all four dealerships) they can negotiate a better price. This would facilitate greater leveraging with suppliers for consistent quality-control. ❖ An EDI inventory management system that interconnects the main shop
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|Midterm Example Test v2 | | 1. A manufacturing firm is considering three alternatives for automation. They anticipate annual production volume to be 75‚000 units. The costs for each alternative are as shown: | |Alternative | | |1 |2 |3 | |Annual Fixed Costs |60‚000 |$180‚000 |$300‚000 | |Variable Cost/Unit |$0.65 |$0
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Valuable Experience Gained During the Training Period The valuable experience that I gained during the training is when we are in the furnace of the boiler where the combustion takes place. The furnace is a internal parts of the boiler so we are taking the advantage to see what’s inside the boiler. We saw the generating tubes‚ bunker fuel injector‚ grates that we need to fix because of mis-alignment of the grates base. Grate is use for de ashing to avoid clogging up of the boiler. The second
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Dela Cruz‚ Jenny E. III-Socrates Project In Mapeh Part 1- Background of Myself I am Jenny Dela Cruz‚ a 14years old daughter of Mrs. Nenita Dela Cruz and Mr. Agapito Garcia. I was born in Fabella Hospital on the day of March 24‚ 1998.My father died last December 25‚2006 cause of colon cancer.After my father died‚we transfer in my mother’s province in Ilocos Sur.I studied theis from grade5 to 1st year school high school.marche 24‚2011 my birthday‚ mother died cause of stroke.My tita(sister
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Problem Solving & Programming (Assignment 2: Programming (Java)). Due for Issue (week commencing): Monday 19/11/2012 Date for Submission: Sunday 21/04/2013 23h59 via NILE Agreed Date for late submission: Module Tutor: Signed: Gary Hill Student Name: Student ID: Ana Maria Nae 12401903 Assessment Feedback Aspect (& weighting) Excellent A Very Good B Satisfactory C Needs some more work D Needs much more work F Introduction‚ Problem Specification (0.5):
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Multifactor productivity (total factor) = ductivity) qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqOutputLabor+Material+Energy+Capital+Miscellaneous (1-2) CHAPTER 7: Value-added time = Operation time/total time (H-B) SUPPLEMENT 7: Utilization = Actual OutputDesign Capacity (S7-1) Efficiency = Actual OutputEffective Capacity (S7-2) Actual (Expected) output = (Effective Capacity)×(Efficiency) (S7-3) Break-even Analysis Notation:
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