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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BYTE Products Case Study Shawn Kelly Bryant & Stratton College BUSS450JS1 - Strategic Management L. Seay September‚ 12th‚ 2012 1. The proposal at first glance was a great way to offset their issues and seemed to be a great way to continue to provide service and products to the market. After the recess was ended‚ I too‚ would’ve changed my votes because the decision to create and eliminate the community’s market would not be an ethical or moral win for the company or the community
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Kathrin Aruviereh How does reality determine personal truth? Reality for me is lesson learned meaning experience of an outcome during an event or any situation in human life. Truth on the other hand is human action of any event or experiences. Depending on the outcome or situation‚ human interprets it in numerous ways. Lesson learned is what human say is truth which can result in either a success or failure to accomplish a task. Whatever the outcome‚ plans of either making it better or do what
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Work Breakdown Structure – Quiz 1 See tutorial in Week 1 lecture. a) In order to accommodate the smaller budget‚ the project manager will extend the schedule because the resources are not as efficient and/or reduce the scope. The triple constraint should always be balanced. b) The quality is reduced because there are less resources to accomplish the task in a high-quality fashion. (TCO B) You are a project manager for a new Hardware Software Project. You just received the project charter and
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MGT 315 – 8/27/2014 Introduction Office Hours: Mondays: 1:30-2:30 PM Review of the Syllabus Quizzes: 8 Total‚ 5 Questions each Over assigned readings only. Lowest quiz dropped Surveys 6 total surveys‚ about 30 minutes each. These are due by 1 PM on Mondays. Submitted via D2L No late submissions accepted Technical difficulties are NOT a valid excuse. Recitation Sections Recitation Activities Applying HR/OB to a fictitious business 3 Cases 3 Brief Presentations Details to be provided
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(2011) © (2011) IACSIT Press‚ Singapore Optimal Scheduling in a Milk Production Line Based on Mixed Integer Linear Programming Habibollah Javanmard1‚+ ‚ Kianehkandi2 1‚+ Assistant professor‚ Islamic Azad University‚ Arak Branch‚ Arak‚ Iran 2 Islamic Azad university ‚ Arak Branch‚ Arak‚ Iran Abstract - A Mixed Integer Linear Programming (MILP) model is proposed in this paper that targets the optimal production scheduling in a single milk production line. The model takes into account all the
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1. Determine the spring constant‚ k‚ of Spring 1‚ by using Hooke’s Law. Take three different measurements (since 3 masses) and do three calculations and average your k’s to get a more accurate answer. By applying lots of friction‚ you will be able to get your mass to hang still. Show a table of your data and your calculations of k. Spring 1 with three different masses: 50 grams: Spring stretched: 5m F = 50gm * 9.8 m/s2 = 490.00 N K= 490/5m = 98 100 grams: Spring stretched: 10m F = 100gm * 9
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Investigation 3 Determine the Limiting Reagent Chemistry Investigation 3 Limiting Reagents Aim: To determine the limiting reagent in a reaction. Hypothesis: if the number of moles of the solutions added together equals the stoichiometry ratio in the balanced equation‚ then we would not expect a limiting reagent in the reaction. Independent variable: The number of moles of the reactants Dependent Variable: The limiting reagent Constant Variable: The volume of reactants added Equipment:
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2.3 Determine the Value of Your PMO Value‚ like beauty‚ is in the eye of the beholder. Nevertheless‚ value can be determined by what one does‚ how well one does it‚ and often by how much it costs. Typically‚ organisations use business cases to prioritise limited resources for those elements or opportunities that provide the greatest ROI. Some of the challenges that put your PMO at risk of being under-valued include: Lack of a current‚ published operational plan Limited‚ or no‚ user involvement
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Cost of Production Fixed costs are those that do not vary with output and typically include rents‚ insurance‚ depreciation‚ set-up costs‚ and normal profit. They are also called overheads. Variable costs are costs that do vary with output‚ and they are also called direct costs. Examples of typical variable costs include fuel‚ raw materials‚ and some labour costs. An example Production costs Consider the following hypothetical example of a boat building firm. The total fixed costs‚ TFC‚ include
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