Thiago DeSouza Homework Assignment 1 ISOM 319: Operations Management Problem 1: 1. Input: Warehouse worker(s)‚ package item(s)‚ transportation vehicle‚ transportation pilots/drivers‚ and information for best method of travel. Transformation: Care for package(s)‚ maintain client(s) informed‚ and transport package(s). Output: Transported package(s) and correct location and time of arrival. 2. Input: Idea development‚ financial backing‚ engineers‚ blueprint(s) design‚ prototype(s) creation‚ and
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more about the importance of prioritizing and scheduling. Upon reflecting on how well the members of my group worked together‚ I would rate the level of team work a 4 (fair) on a scale ranging from 1 (I’m mad) to 5 (excellent). Overall‚ the group worked well together. We all had similar ideas for what we wanted to do for the next step in getting additional support for occupational therapists. However‚ there was some friction among members due to scheduling. While some members tried to be as flexible
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i JOB SCHEDULING IN NON-MULTIPROGRAMMING ENVIRONMENT Average turn around time computation T=n=0nTix 1n Where: Ti= Fi- Ai * Fi= Finish Time * Ai= Arrival Time * n = no. of jobs Fi= ST+ RT * ST= Start Time * RT= Run Time WTAT= TATACTUAL RUNTIME * WTAT= Weighted turn around time * TAT= Fi- Ai EXAMPLE # 1: FIFO JOB | ARRIVAL TIME | RUN TIME | 1 | 10.00 | 2.00 | 2 | 10.10 | 1
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QM 300 Midterm Part I 1. Project management: a) Is the planning‚ scheduling and controlling of project tasks to meet objectives. b) Is used primarily in construction and public works. c) Requires less communication than ongoing process management. d) Focuses on well-understood‚ unambiguous tasks and relationships. Using the following project‚ with activity times estimate in days and a critical path of CH-J-K‚ to answer the next 3 questions: Activity A B C D E F G H I J K Immediate Predecessor
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10 3) Step 3 : Speak to job holders about the current process 11 4) Step 4 : Draft process maps based on the current process and obtain job holder feedback 12 5) Step 5 : Feedback review workshop 12 6) Step 6 : Hold a process improvement Workshop 13 7) Step 7 : Draft new and improved process flows 14 8) Step 8 : Provide the client with the final documentation for review 14 9) Step 9 : Process roll out 15 10) Step 10 : Ongoing Review and recommendations 15 4) Conclusions 15 Bibliography 18
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Financial assets- Would it be more like to be adversely affected by an increase or a decrease in interest rates? Should it purchase or sell interest rate futures contracts in order to hedge its exposure? 8. Financial liabilities- Would it be more likely to be adversely affected by an increase or a decrease in interest rates? Should it purchase or sell interest rate futures contracts in order to hedge its exposure? 9. Why do some financial institutions remain exposed to interest rate risk‚
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References: Brown S.‚ Blackmon K.‚ Cousins P.and Maylor H.‚ 2001. Operations Management: Policy‚ Practice and Performance Improvement. P. 183‚ 184. Butterworth-Heinemann Department for Environment Food and Rural Affairs. Animal Feed Statistics for Great Britain - September 2013. p.9‚ Table 7 Rosentrater‚ K.A. August 2004. Design Considerations for the Construction and Operation of Feed Milling Facilities. Part II: Process Engineering Considerations.p 14-16. Figure 1‚ 2
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Operation Management Assignment Liu Zhenya(Harry) 2014.2.26 Words[1724]Question1: Why is operations management important in this company ?Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. Operations management is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization (Stevenson‚ W. J.‚ & Hojati‚ M.‚ 2007). The
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BA365 Intro to Operations Management Question 1 a) A hospital emergency room averages 50 patients per shift. A shift is 8 hours long‚ and the average patient requires 20 minutes in the exam room. 8*60/20 =24 would equal the number of patients for a 8 hour shift Average number of patients=50 b) Discuss whether you think a 30% capacity cushion is appropriate for a hospital emergency room. What factors would consider when setting this cushion? A 30%cushion
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is due in 16 days. Job C has a processing time of 4 days and is due in 10 days. Job D has a processing time of 3 days and is due in 7 days. Job E has a processing time of 5 days and is due in 12 days. Using the first-come-first-served priority rule‚ what is the number of late (tardy) jobs? Answer 0 (zero) 1 2 3 4 5 points Question 2 A single machine work center has five jobs assigned to it. They are labeled‚ in the order of their arrival in the shop‚ as jobs A‚ B‚ C
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