Table of Contents Industry Overview One of the major industrial sectors in India is the automobile sector. Subsequent to the liberalization‚ the automobile sector has been aptly described as the sunrise sector of the Indian economy as this sector has witnessed tremendous growth. The Indian auto industry is showing signs of slowdown. Utility vehicles are growing strong‚ clocking 53% growth over last year. The cumulative production data for April-July 2012 shows production growth of 7.10%
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Book Reviews BENJAMIN LEV School of Management The University of Michigan-Dearborn 4901 Evergreen Road Dearborn‚ Michigan 48128-1491 % jr & I ^ X ^ X f.- M 0 The range of books reviewed is wide‚ covering theory and applications in operations research‚ statistics‚ econometrics‚ mathematics‚ computers‚ and information systems (no software is reviewed). In addition‚ we include books in other Helds that emphasize technical applications. Publishers who wish to have their books
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Forecasting Forecast can help managers by reducing some of the uncertainty‚ thereby enabling them to develop more meaningful plans than they might otherwise. A forecast is a statement about the future. Features common to all forecasts 1. The same underlying causal system that existed in the past will continue to exist in the future. 2. Forecasts are rarely perfect; actual results usually differ from predicted values. 3. Forecasts for groups of items tend to be more accurate than forecasts
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Case study Portfolio analysis and planning in a retail group Bear is a large department store in downtown St Gallen which has belonged to the family of the same name for three generations. Offering a full range of goods‚ it has been able to preserve its domonance in the region. Figure 1 presents the range of goods sold and estimates for current turnover. |Product goup |Turnover in mil. CHF
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Chapters 1‚ 2‚ and 6 1. Describe the main elements of an “Operations Systems” model. a. The main elements of an Operations Systems model are the inputs‚ that go through the transformation process‚ then they become outputs. There is also the planning and control subsystem which is the feedback mechanism. 2. What are the primary differences between manufacturing and service operations? b. There are 5 differences between services and
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MBA SEMESTER-4 ASSIGNMENT set 1 Name :……………………….. Registration No. :………………………. Learning Center :………………………. Learning Center Code :……………………… Course :………………………. Subject :………………………. Semester :………………………. Module No. :………………………. Date of submission :………………………. Marks awarded :………………………. Directorate of Distance Education Signature of Sikkim Manipal University Center Signature of Evaluator II Floor‚ Syndicate House Manipal- 576104 Signature of Coordinator Important Note to the Students: The student
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low costs in comparison to competitors and offer products at low prices in order to meet consumer needs and become an order winner. 2. Three generic strategies are low cost‚ niche market‚ and product differentiation. What one of these strategies was Zellers using before 1998? After 1998? Prior to 1998‚ Zellers was using a low cost strategy. The company targeted budget-minded consumers with the slogan "Where the Lowest Price is the Law." In the face of fierce rivalry from WalMart entering
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Hill framework for Operations Strategy Formulation Hill (2005) provides an iterative framework that links together the corporate objectives; which provide the organizational direction‚ the marketing strategy; which defines how the organization will compete in its chosen markets‚ and the operations strategy; which provides capability to compete in those markets. The framework consists of five steps: 1. Define corporate objectives 2. Determine marketing strategies to meet these objectives
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OPERATIONS MANAGEMENT MGCR 472 ASSIGNMENT # 1 (Total 100 points) Due on 7th October (Thursday) by 5pm Make sure to write the name‚ student # and section # for each student in the group on the cover page of the assignment 1. Suppose you/your group is the owner of a company that produces e-readers. The present production rate is 1000 e-readers /day and the selling price is $210/unit. It requires 200 workers working 8 hours/day to produce the e-readers and they are paid $20/hour. The material
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http://fp05-527.web.dircon.net/ikea_company_profile.html Profile: ikea IKEA is the world’s most successful mass-market retailer‚ selling Scandinavian-style home furnishings and other house goods in 230 stores in 33 countries and hosting 410 million shoppers per year. An acronym for founder Ingvar Kamprad and his boyhood home of Elmtaryd‚ Agunnaryd‚ IKEA began operating in Sweden in 1943 and continues its original ethos based upon cost obsession fused with design culture. No design‚ no matter
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