Department of Decision Sciences San Francisco State University FINAL EXAM QUESTIONS The sample problems below are organized by topic. Where possible‚ answers are given. Disclaimers: • These questions are questions that have appeared on previous years’ (final) examinations. They are for practice only. There is no guarantee that the questions on your finals will be the same‚ or that different professors will give the same types of questions. • Not all 412/786 sections cover the same material
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BANK Chapter 1: Introduction 1 Why would a marketing major need a basic foundation in operations management? A) Marketing staff schedule work centers for most businesses B) Marketing staff must know how to design processes C) Marketing staff must be able to make decisions with the entire business in mind D) Marketing staff must understand the technical processes behind manufacturing capacity management C 2 The value of a product is defined by: A) The owner B) The potential customer
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at operations management as a source for gaining a competitive advantage‚ operations management and TQM are defined and discussed as to their importancy in the organisation. The differing ways of gaining a competitive advantage are explained as is the way organisational structures and the implementation of technologies aid the building of these advantages. The Cambrian Conservatory and window world is used as an example of efficient operations management. Introduction Operations management is
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Operations Management in INSURANCE SECTOR Q. How to measure operational efficiency in service industry? Ans-Insurance companies use KPI indicators to measure operational efficiency and ensure optimum standards. The secret to success for an insurance company is providing the right product‚ having the right people selling and managing risks associated with it. Insurance organizations use and act on metrics to avoid unnecessary risks. Following are the Key Performance Indicators (KPI) that insurance
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Operations Management Research Analysis Assignment # 3 Research Topic: Lean production in Jaguar Student Name: Madonna Yasser Student ID: 5411058 Submission Date: 1. Introduction: This article is talking about the lean production application in Jaguar. It will end up with recommendations and outcomes . 2. Problem or subject description: Jaguar is part of the Ford Group. Ford has for a number of years been improving its production methods‚ particularly by introducing manufacturing
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Unit three Written Assignment Tiara Mureithi MT435 Operations Management Kaplan University 02/19/2013 Introduction Question One Based on the information presented in the scenario/case study discuss Albatross Anchor’s competitiveness in relation to (please address all items in the below list and provide support for your conclusions): 1. Cost a) Cost of Production: Manufacturing costs are $8.00 per pound for the Albatross mushroom/bell anchor and $11.00 per pound for Albatross snag
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Author: Diana Nagy‚ MBA FT 11‚ Grenoble Graduate School of Business Course: Operation Management Prof.: Alexander Fidanza Assignment: Custom Molds Inc. - case study analysis Submitted: November 2010 Custom Molds Inc. – Case Study Analysis 1. What are the major issues Tom and Mason Miller are facing? Looking at the workflow of Custom Molds raises several questions. First‚ customers’ complaints about delivery delays have increased. The voice of the customer always signals a problem. Tom and Mason
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BUS 515 – Operation Management Explain the challenge Elizabeth faced in meeting her capacity needs and what she should have considered before moving into the larger facility. The challenge that Elizabeth faced was market penetration. She did not do any type of market analysis or research to gain a better understanding of what the customer want or need. According to The US Small Business Administration information about your target market would have allowed Elizabeth to narrow her target market
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OPERATIONS MANAGEMENT – Teaching Plan Program : PGPM Course Code : SL OP 502 Class of : 2014 Credits : 3 Semester : II Sessions : 25 Course Coordinator : Prof.M.H.Varma Course Objective: The purpose of this course is to provide students with a basic exposure to the tasks and challenges facing Operations Managers‚ i.e.‚ those people responsible for the vital function of producing the goods and services in any manufacturing and service organization. The ultimate
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Introduction Operations management is the department responsible for overseeing the transformation process through which company resources (e.g. land‚ labor‚ capital‚ and/or customers) are converted into goods and services. It is the operation manager’s responsibility to ensure that products being manufactured meet specifications of quality and design‚ that they are produced according to schedule‚ and that this done at minimum cost to the company. The magnitude of this task requires that the operations manager
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