MGMT 405 Operations and Production Management Answer set 2 (Reference chapter 2 – William J. Stevenson-2007‚ ninth edition) Problems and Solutions 1. Suppose that a company produced 300 standard bookcases last week using eight workers and produced 240 standard bookcases this week using six workers. In which was productivity higher? Explain. Ans: Productivitylast week = standard bookcases produced as output / labor= 300/8= 37.8 sbc/worker Productivity this week = standard bookcases produced
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Toyota Production System The Toyota Production System (TPS) is an integrated socio-technical system‚ developed by Toyota‚ that comprises its management philosophy and practices. The TPS organizes manufacturing and logistics for the automobile manufacturer‚ including interaction with suppliers and customers. The system is a major precursor of the more generic "Lean manufacturing." Taiichi Ohno‚ Shigeo Shingo and Eiji Toyoda developed the system between 1948 and 1975. Originally called "Just In Time
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macroeconomics known as the Production Possibility Frontier is simple to understand. It is a method used to represent (in the form of a graph) the point in which an economy is producing its goods and services with efficiency. It also shows whether the economy is allocating their resources in the best way possible. If the economy is not producing the quantities indicated by the PPF‚ resources are not being managed efficiently and the production will decrease. The production possibility frontier also
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for my mother‚ to pay the expenses for this SBA‚ my kind hearted cousin Audrey-Anna for helping me and thanks to Mr. Whyte computer café for providing the internet for me to get these adequate information. HISTORY OF NETBALL IN JAMAICA The game of netball evolved from basketball‚ which was invented by Dr.James Naismith a Canadian physical teacher‚ who wanted an indoor sport to keep his pupils physical occupied during the winter months. Dr.Toles introduced netball to England in 1895 from
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all Japanese manufactures to capture western market. The theoretical approach of human resource management now taking consideration in context of taking competitive advantage of organization this led to how an organization use their technical and best human resources to compete the current market scenario. Faculty and alumni of Harvard business school first proposed the model of HRM which was known as the Harvard Model of HRM. This was first time then intellectual think to consider HRM for management
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SEEDLING PRODUCTION SYSTEM Seedling production system is a concept used in production of healthy seedlings especially those of vegetables‚ herbs‚ flowers‚ trees and many crops propagated from seedlings. These are seedlings with a controlled environment. Seedlings are produced in seed trays‚ with a growing medium either made out of peat / vermiculite or bark or other media found suitable. With controlled amount of sunlight‚ water and air flow‚ with a calculated fertigation system (water and fertilizer
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Meaning of Best Fit and Best Practice The terms ‘best fit’ and ‘best practice’ are used in strategic human resource management literature. The best fit approach refers to the firm using human resources management (HRM) to their particular strategies and adapting to the firm’s condition and the environment referring to workforce character and business strategy. With the use of the Best Fit Approach the SHRM can become more flexible to the response change of the organizational life cycle: start-up
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Michael Jordan 10 all NBA first team nomination‚ 10 championship scoring titles‚ the highest career scoring average in the regular season and play-off and he has over 32 games scoring 50+ points. How can Michael Jordan not be considered the greatest player in NBA history? Michael Jordan is the Best player ever. he has 9 all defensive team‚14 NBA all star‚ and 10 championship scoring titles. Michael is considered the greatest because of his defense. in 1987-1988 Michael had a total of
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Production Possibility Curve (PPC): Matthew Du A production possibility curve (PPC) also recognized as a production possibility frontier (PPF) is a helpful graph which shows the variations of two or more goods and services that can be produced while using all of the available resources efficiently (using all resources to its full potential) . (Riley‚ 2012) A production possibility curve may illustrate; scarcity‚ choice‚ opportunity cost‚ unemployment and economic growth. There are three basic
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CROP PRODUCTION AND MANAGEMENT aheli and Boojho went to their uncle’s house during the summer vacation. Their uncle is a farmer. One day they saw some tools like khurpi‚ sickle‚ shovel‚ plough‚ etc.‚ in the field. P Food has to be produced on a large scale. I want to know where and how we use these tools. In order to provide food for a large population— regular production‚ proper management and distribution of food is necessary. You have lear nt that all living organisms require food
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