with an in-demand product at a price that is competitively lower than that offered by firms producing the same or similar good/service. Lower Price and better quality of a product will ensure and higher profitability. To estimate the actual cost of production‚ the operations manager must address labour‚ materials‚ scrap generations‚ overhead and other initial cost of design and development. QUALITY is defined by the customer. The Operations Manger mainly looks into two aspects namely highly performance
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An example of a non commercial food outlet would be a government based organisation such as a school‚ hospital‚ home for the elderly or a prison where as commercial food outlets are away from the government being private run or owned such as a restaurant‚ pub or bar. Here the differences and similarities will be analysed to show the comparison between the two. Factors such as healthy eating are just one of the issues which will be sought upon in order to see the different aspects of the commercial
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[pic] Aparna Meena Divya Kardam Jyotsna Borgoyary() Kanika Kalyan() Kanchan () [pic] [pic] [pic] |Topic
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Master Production Plan A Master Production Schedule (MPS) is a plan for individual commodities to produce in each time period such as production‚ staffing‚ inventory‚ etc. It is usually linked to manufacturing where the plan indicates when and how much of each product will be demanded. The plan quantifies significant process parts and other resources in order to optimize production‚ to identify bottlenecks‚ and to anticipate needs and completed goods. Since MPS drive much factory activity‚ its
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Production Possibilities Curve (PPC) The Production Possibilities Curve (PPC) is used to show the economic concepts of scarcity‚ choices and opportunity cost. The PPC is a graphical representation showing maximum combinations of output (goods and services)‚ a nation can produce with limited economic resources in a fixed period time. Assumptions of the production possibilities curve: I. Only 2 goods will be illustrated II. The amount of resources is fixed III. State of technology
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Fresh Food and Canned Food Eating is most important activity in our life. Some people eat 2 times‚ 4 times‚ or some people in poor countries eat only 1 time a day. We live in a world where the variety of food is immense‚ and we are responsible for what we eat. We decide what we are about to eat and how it will affect our bodies. The three main differences between fresh food and canned food are flavor‚ health benefits‚ and cost. The most notable difference between these two kinds of foods is their
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Production and Properties of Metals Mr J E Chuter‚ Cert Ed 2012 En No 20100292 Introduction I have decided to produce a project based on the production and properties of metals‚ as although I have worked as a welder for over 30 years‚ and a welding teacher for the last 2 years on apart-time basis‚ I felt I didn’t know enough information on the material that I work on‚ on a daily
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Write an explanation of how any two factors affect the rate of an enzyme-controlled reaction. How do these factors affect the chemical structure and properties of the enzyme. Many things can affect the rate of enzyme activity. The temperature of the enzyme‚ the pH of the solution‚ the concentration of the enzyme‚ substrate and the product. Also‚ another affector is the number of competitive and non-competitive inhibitors. As I cannot explain them all‚ I have chosen to explain the effect of temperature
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of eating fast food and how fast food has become a part of American culture. The success of McDonald’s has been astounding and has made a huge impact on the American food industry. Fast food has become such a huge part of American life. McDonald’s brags about 31‚000 restaurants worldwide‚ which means almost all Americans have quick access to a restaurant. Every day‚ 43 percent of Americans will eat fast food. Even very young children can recognize the McDonald’s logo. But fast food isn’t just quick
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[pic] Course: Advance diploma in Business Management Module: Production & Operations Management Date:2013.08.06 Name of lecturer: Daniel Chew The following examples show different products and services working by different model to achieve different customers’ satisfactions. Two products examples and two service examples will be included. Product 1: 5Ps Framework of O.M. is used in the electronic devices company‚ Apple. Apple: Apple Computer‚ Inc.‚ is a famous
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