Unit 18 Facilities Operations and Management Task 1 Envisage about scenario that you were one of the directors of a hotel as stated below. Search information about the hotel facilities and the operational responsibilities of a facilities manager. Tai O Heritage Hotel is a small sized 3-star hotel located at the northwest of Lantau Island. The building was a police station which was built on the small hill next to a ferry pier about 90 years ago. It ceased to operate in 2002. Hong Kong Heritage
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A Facility layout is the physical configuration of departments‚ workstations‚ and equipments in the conversion process. it is arrangement of physical resources used to create the product. Success of operations depends on the physical layouts of the facilities. Flow of raw material. Productivity and human relationship are all affected by the arrangements of the conversion facilities. Plant layout involves: i) planning and arranging facilities in new plant ii) improvements in existing layout
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A global investment is the the process of spreading out your investment capital between a mix of financial instruments and firms. Investors have used this strategy for many years as a good method for managing the risks associated with investing. There are four advantages to global investing: diversification‚ currency valuation‚ decreased risk‚ and taxation. The economy is cyclical in nature‚ with times of expansion and contraction. These cycles can be global‚ industry-specific or limited to a specific
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PROCESS AND FACILITY SANITATION Sanitation Standard Operating Procedures is the common name give to the sanitation procedures in food production plants which are required by the Food Safety and Inspection Service of the USDA and regulated by 9 CFR part 416 in conjunction with 21 CFR part 178.1010. It is considered one of the prerequisite programs of HACCP. Introduction A clean surface is defined as being free from soil (e.g. food residues)‚ free from bad odours‚ be non-greasy to the touch
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SECTION 1: Sales Growth 1. During the four-year period ended December 31‚ 2008. SciTronics’ sales grew at 21% ($244‚000/$115‚000) = (1+r) ^4 compound rate. There were no acquisitions or divestitures. Profitability Ratios: How Profitable Is the Company 1. SciTronics’ profits as a percentage of sales in 2008 were 5.73% (14‚000/244‚000). 2. SciTronics’ profits as a percentage of sales in 2005 was 3.44 %( 5‚000/147‚000). This represents an increase of 2. 29% from 2005. 3. SciTronics had a
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Introduction In computer networking and telecommunications‚ Multi Protocol Label Switching (MPLS) is a data-carrying mechanism that belongs to the family of packet-switched networks. When it comes to getting network traffic from point A to point B‚ no single way suits every application. Voice and video applications require minimum delay variation‚ while mission-critical applications require hard guarantees-of-service and rerouting. So far‚ only circuit-switched networks have provided the
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share. During the year you received dividend income distributions of $1.50 per share and capital gains distributions of $2.85 per share. At the end of the year the shares had a net asset value of $23 per share. What was your rate of return on this investment? A) 30.24% B) 25.37% C) 27.19% D) 22.44% E) 29.18% Answer: A Difficulty: Moderate Rationale: R = ($23-21+1.5+2.85)/$21 = 30.238% 31. Assume that you purchased shares of High Flying mutual fund at a net asset value of $12.50 per share. During the
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budgets throughout America become tighter because of rising costs‚ many are looking at private prisons as a way to reduce the cost in detaining inmates. Just like everything else in America there has to be a debate about it. There are those that are for the privatization of prisons and those that are against it. James A. Fagin introduced this topic in his text book CJ2013; he discussed the major selling point of private prisons‚ and the problems that states are faced with. The major selling point for
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PERSONAL INVESTMENT PLANNING FOR THE MALAYSIAN INVESTOR CONTENTS Part 1 - Understanding Investments What is an investment? Types of investments Part II - Financial Planning Assess your own financial situation Diversify your investments Your risk profile Rational thinking Monitor your investments Do ’s and don ’t of investing wisely Be mindful of some trading rules Part 1 - Understanding Investments What is an investment? Many of us think of interest-bearing deposits or fixed deposits when we
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INTRODUCTION: Lipton was created at the end of the 19th century by Sir Thomas Lipton. Under the slogan “Direct from the tea gardens to the tea pot” this entrepreneurial businessman wanted to make tea a popular and approachable drink for everyone - with a high quality but reasonably priced product. The Lipton business was acquired by consumer goods company Unilever in a number of separate transactions‚ starting with the purchase of the US and Canadian Lipton business in 1938 and completed in 1972
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