Section 1 (Strategy)-Page 37‚38‚39 QUSETION 1 Average monthly productivity (units/hour) for the month of: |MONTHS |PRODUCTIVITY | |January |2300 / (325*3) = 2.36 | |February |1800/ (200*5) = 1.80 | |March |2800/ (400*4) = 1.75 | |April |3000/ (320*4) = 2.34 | Average Monthly Productivity= (2.36+1.80+1.75+2.34)/4 = 2.06 QUESTION 2 Productivity = sales
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Q1: A manufacturer’s average work-in-process inventory for a certain part is 1‚000 units. The workstation produces this part at the rate of 200 units per day. What is the average time a unit spends at this workstation? Inventory‚ ‚ Throughput‚ . Thus‚ Flow time‚ . A unit spends an average time of 5 days at this workstation. Q2: The Wilcox Student Health Center has just implemented a new computer system and service process to “improve efficiency.” As pharmacy manager‚ you are concerned
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FM 362-701 Professor Salerno Assignment 5: Due 5/01/13 To start establishing the store culture for this new luxury handbag and accessory company I will first have a storewide meeting iterating to everyone what our goals‚ mission‚ and visions for the company are. Taking from those I would like the entire staff to work together to come up with our idea of what our store culture should be. I believe when others are able to give their input on something they are more willing to follow those words
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Eagle Machine Company Eagle Machine Company (EMC)‚ an organisation with sales totalling $72 million and engaged in manufacturing speciality restaurant equipment is in crisis due to decline in sales and increased costs. The president of the EMC had called up a meeting with his managers to explain the sense of urgency and clearly mentioned the goals of increasing the profit by 5% and sales revenue by 20%. With $43.2 million spend every year on her purchases and $12 million locked up in inventory
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University of karachi | Assignment # 1 | | Submitted by: | Bushra Rizwan | 3/28/2013 | Presented to: Sir Harris Real Time Gross Settlement: Real Time Gross Settlement Systems (RTGS) are mechanisms that enable banks to make large-value payments to one another in real-time using online telecommunication facilities as well as state-of-the-art computer systems 1. This is a system for large-value interbank funds transfers. 2. This system lessens settlement risk because interbank
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IT as a Competitive Weapon ASSINGED BY: Dr. Muhammad Yasin Operation Management ASSIGNED TO HAMDARD INSTITUTE OF MANAGEMENT SCIENCES (HIMS)KARACHI DEDICATION This report is extremely dedicated to our beloved parents and family members who worked really very hard and enabled us in realizing our goals and dreams and providing us with the ambition to pursue them. And last but not the least to our caring and supportive teacher‚ our trusty and helpful friend and our course instructor
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What is operations management? Operations management is an area of management concerned with overseeing‚ designing‚ and controlling the process of production and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed‚ and effective in terms of meeting customer requirements. It is concerned with managing the process that converts inputs (in the forms
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Operations process design 1. Introduction The assignment will be on the manufacturing of concrete stone paving. This product has been chosen because its demand is growing rapidly as most people are concerned about the need for decorating their homes‚ businesses‚ municipalities are involved in small town regeneration programmes and there is growth in development buildings and malls in the Eastern Cape. Concrete stone paving is preferred instead of other forms because it is versatile‚ aesthetically
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The process of operations strategy – substitutes for strategy? (Week 9) Lecture aims This lecture is a little different from the other lectures in the book. It deals with a number of ‘new’ approaches to the management of operations that are often seen as operations strategies‚ but are not actually strategies in themselves. Six of the more important ‘new’ approaches are treated in this lecture‚ namely‚ Total Quality Management‚ lean operations‚ Business Process Reengineering‚ Enterprise Resource
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Port and Terminal Operations GBTT 457 2010 Justin M Coody PORT OF HOUSTON 4/22/2010 Port and Terminal Operations GBTT 457 Justin Coody 23APR2010 The following information was obtained from the Port Authority of Houston’s main webpage. The port of Houston is a diverse collection of properties and facilities offering a wide range of services. The port of Houston has the equipment to handle everything from liquid cargo‚ food‚ and break bulk‚ to automobiles and ISO containers. The next three
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