OPM 530 – INTRODUCTION TO OPERATIONS MANAGEMENT JAN 2014 – APRIL 2007 CHAPTER 1- Introduction to Operations Management and Productivity DEC 2013/JAN2014 a) Define Operations Management (2 marks) b) Explain any for(4) reasons why we need to study Operations Management (8 marks) JUN 2012 a) Define productivity and elaborate on any four (4) importance of productivity to an organization. (10 marks) b) Discuss any five (5) challenged faced by today’s operations managers (10 marks) APR
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Production and Operation Management Chapter One: an introduction What do we mean by POM? POM is the management of operation system within the organization‚ which converts inputs into the organization’s products and services. Discuss the relationship between POM and other organization’s functions? Three basic functions in a typical business organization: - Finance - marketing - production operations The production operations integrates with marketing and finance to accomplish
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530 – INTRODUCTION TO OPERATIONS MANAGEMENT JAN 2012 – OCTOBER 2006 CHAPTER 1- Introduction to Operations Management and Productivity JUN2012 a) Define productivity and elaborate on any four (4) importance of productivity to an organization. (10 marks) b) Discuss any five (5) challenged faced by today’s operations managers (10 marks) APR 2011 a) Define operations management with the aid of appropriate diagram. b) Discuss any four (4) ethical challenges faced by the operations managers. (8 marks)
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resource? Staff Customers Incorrect 2 MGT370-Ch1-023 a) MC1 What other names may be given to an operations manager? All of these All of these Correct 3 MGT370-Ch1-026 a) MC1 Which of the following is true of effective operations? All of these All of these Correct 4 MGT370-Ch1-030 a) MC1 Resources within an operation that are not immediately evident‚ such as relationships with suppliers‚ are called: Intangible resources Transient
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Nike‚ Inc. : Case Study in Operations Management MGT 441 Prepared for: Dr. Davidson‚ Concord University Prepared by: Jeremiah Nelson Johnathan Coleman Emily O’Dell December 4th‚ 2012 Introduction Low-cost‚ time-efficient manufacturing of goods is a key feature of a successful production company in today’s competitive global economy. Operations management‚ often abbreviated in the business world as OM‚ is defined as “...the set of activities that creates value in the form of goods
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customer Convinced and Comfortable Generally in Service Operation Management there is one Rule: “If you are able to make customer your side your 50% job has to be done” In village Volvo there are main three distinctive things: Prepared by: Milan Padariya Page 1 Assignment 1: Village Volvo 1. Customer Comfort 2. Trust 3. Respect Village Volvo Provide good service with additional service. One other good service is Management Information System in Village Volvo… Q-3: Characterize
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vision: “Our mission is to generate your ideas into our creations and deliver it to you in a unique and organized way. It also includes low budget and un-stressful planning any time‚ anywhere” The Idea “Big Day” is a wedding planning and event management service with a unique structure. The service absorbs the pressure and stress of planning and execution completely from the customers in such a way that they can enjoy their special day without a single point of worry. ‘WE’ have a good plan:
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have a direct impact on the variables used in calculating WACC. Such variables include the term structure of interest rate‚ the risk free rate‚ the beta‚ the market risk premium‚ the firm’s marginal tax rate‚ and its capital structure. Since Boeing has two business componentsdefense and commercialfirst begin by determining the unlevered beta for its commercial component. This is accomplished by comparing Lockheed and Northrop’s average unlevered beta which was .48 . The next step is to derive
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The Four Vs of Operations Introduction According to Slack‚ Chambers & Johnston (2010)‚ the goal of any organization whether public‚ private‚ service‚ industrial or retail operations is to make most effective use of its operations while ensuring that its customers are satisfied with the quality‚ cost‚ availability and even quantity of services or goods. The means to achievingthis are to efficiently produce goods and services through effective business processes‚ production functions and controls
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FACULTY OF BUSINESS AND ECONOMICS MAN33 Service Operations Management UNIT GUIDE 2011 STUDY PERIOD 1 Unit Coordinator: Dr Anura Amarasena Faculty Policy on Plagiarism Plagiarism is the use of another person’s work or idea as if it were your own. The other person may be an author‚ critic‚ lecturer or another student. When it is desirable or necessary to use another person’s material‚ take care to include appropriate references and attribution – do not pretend the ideas
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