OPERATIONS MANAGEMENT-1 EXECUTIVE SHIRT COMPANY Group Members: Introduction The executive shirt company is a well known brand in apparel industry having varieties of high quality standard size readymade shirts which were competitively priced also. Foreseeing the tremendous opportunity in custom shirt market‚ the general manager Mr. Dwight Collier decides to venture in to this new product segment. As the existing custom sized dress shirt market commanded a substantial high price of 75% more
Premium Manufacturing Assembly line Shirt
Vodafone Group Plc Annual Report 2014 Chief Executive’s review A defining year for the Group… Our emerging markets are performing well‚ although our mature European markets continue to face challenging conditions. However‚ we have continued to make good progress in delivering our long-term strategy‚ by building firm foundations for the future with our substantial investments in Vodafone Red‚ Project Spring and unified communications. Review of the year It has been a year of substantial strategic
Premium Verizon Wireless Vodafone Investment
The Enron Controversy: Techno-Economic Analysis and Policy Implications Girish Sant and Shantanu Dixit PRAYAS Subodh Wagle CEEP‚ University of Delaware‚ USA The Enron Controversy‚ Prayas‚ Sept. 1995 4 Ÿ The Enron Controversy Contents Summary 1. Power Purchase Agreement (PPA) Between Dabhol Power Company and Maharashtra State Electricity Board: Structure and Implications 2. The Enron Deal: Why the First Stage Should Be Cancelled 3. The Enron Controversy: Alternative Options For
Premium Electricity generation Inflation Enron
Historically‚ the audit committee has always had the role of oversight and monitoring management and the outside auditor. Now‚ through recent listing requirements for the various stock exchanges and NASDAQ‚ the SEC has greatly strengthened the role of the audit committee. As a result of these changes‚ the audit committee is to be viewed as part of the formation of a "three-legged stool‚" consisting of the audit committee‚ management and the independent auditors‚ with the audit committee to be deemed the
Premium Auditing Audit Internal control
it was the "Greed Factor" which drives Enron employees to increase the profits through unethical methods‚ and ultimately causing its downfall. But could it be the opposite? I mean‚ could it be that it was Enron ’s culture and Key Performance Indicators (KPIs)‚ which is to increase the profits and share price that "forced" Enron employees behave in an unethical manner? What circumstances caused them to be unethical‚ really? At first‚ the leader of Enron Finance Corp‚ Jeffrey Skilling recruited
Premium Enron Jeffrey Skilling Kenneth Lay
resource and the work performance directly impact an organisation’s performance. Thus‚ human resource management plays an important role to ensure the efficiency in an organisation’s daily operations via efficient recruitment‚ training and development‚ and staff retention. Besides‚ efficient human resource management may create competitive advantage to an organisation. There are various theories explained how human resource management impacts an organisation’s performance. This essay focuses
Premium Human resource management Management Reinforcement
In the past decade‚ in Australia have had a negative impact on investor confidence in capital markets. In response‚ corporate regulators have searched for mechanisms to achieve a return to reliable‚ high quality financial reporting‚ resulting in an increasing emphasis on corporate governance. In addition‚ regulators and investors have increasingly recognised the role of audit committees and an important corporate governance mechanism in restoring confidence in the capital market. The ASX Corporate
Premium Corporate governance Audit Internal control
Executive Shirt Comapny Question # 1 The table for current production‚ Mike and Ike’s plan is given below: Current Process Mikes Plan Ike’s Plan Regular Shirts Regular & Custom Shirts Regular Shirts Custom Shirts Actual Cycle Time (min/shirt) 0.5 0.5 0.67 3.9 Manufacturing Lead Time (days) 12.25 2.06 12.58 0.41 WIP inventory (shirts) 11760 1980 9060 50 Production Capacity (Shirts/day) 960 960 720 123 Current Production(Shirts/day) 800 900 800 100 Capacity utilization 83.33% 93.75% 111.11%
Premium Capacity utilization Mathematics
Enron Case Study XXXXX XXXXXXXXX State College Enron Case Study Enron was a corporation founded in 1985‚ when a merger combined Houston Natural Gas and InterNorth (Thomas‚ 2002). Throughout the first five years of Enron’s existence‚ they had many struggles. According to Salter (2005)‚ the first years had many “near death” experiences. Eventually Enron was able to prevail over their many “near death” experiences. In 1989‚ “Enron locked in its first fixed price contract to supply natural
Premium Financial ratio Enron scandal Balance sheet
ENRON Introduction Enron was the country’s largest trader and marketer for electric and natural gas energy. Its core business was buying energy at a negotiated price and later‚ selling the energy when prices increased. As an energy broker‚ Enron provided a service by allowing producers to negotiate a certain price while Enron took the risk that prices would fall below what it bought energy. Buyers of energy also benefited because Enron could ensure the supply of energy. In 2000 Enron was listed
Premium Ethics Board of directors Corporate governance