MANAGING OPERATIONS BBA YEAR 1 Mid Term Assignment 2011-2012 Florence Course: Managing Operations 1MOc Lecturer: Clive Woollard Percentage of final grade given: 30% In addition to submitting a paper copy to the lecturer and email a copy to the academic department you will be required to submit your project on www.turnitin.com. Use the instructions provided to you by Elisa. Class ID and Enrollment Password will be provided at a later time Objectives: The assignment has been
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QM 300 Midterm Part I 1. Project management: a) Is the planning‚ scheduling and controlling of project tasks to meet objectives. b) Is used primarily in construction and public works. c) Requires less communication than ongoing process management. d) Focuses on well-understood‚ unambiguous tasks and relationships. Using the following project‚ with activity times estimate in days and a critical path of CH-J-K‚ to answer the next 3 questions: Activity A B C D E F G H I J K Immediate Predecessor
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1. The R&D department is planning to bid on a large project for the development of a new communication system for commercial planes. The accompanying table shows the activities‚ times‚ and sequences required: |Activity |Immediate Predecessor |Time (weeks) | |A |- |3 | |B |A |2
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TRUE or FALSE 1. T F It is impossible to develop a process that has zero variability. 2. T F Assignable variations in a process are also called natural variations. 3. T F An x-bar chart would be appropriate to monitor the number of defects in a production lot. 4. T F The central limit theorem provides the statistical foundation for control charts. 5. T F If we are tracking quality of performance for a class of students‚ we should plot the pass/fail result on a p-chart. 6. T F Sample
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Exercise 1 page 224 a. Using Maximax‚ the worst payoffs for the alternatives are as follws: Do nothing: $60 thousands Expand: $80 thousands Subcontract: $70 thousands Hence‚ since $80 thousands is the best‚ choose to expand the firms using the maximax strategy b. Using Maximin Do nothing: $50 thousands Expand: $20 thousands Subcontract: $40 thousands Hence‚ since $50 thousands is the best‚ choose to do nothing using the maximin strategy c. Using Laplace For the Laplace criterion
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activities. The lean method encourages workers to improve their working conditions and helps them to learn to reduce waste‚ unplanned downtime‚ and in-process inventory. Seiri整理 (Sort) The first S‚ focuses on eliminating unnecessary items from the workplace that are not needed for current production operations. It involves: "Red tagging"- effective visual method to identify these unneeded items. Red tag is being put to those items that are not needed and once they have been identified‚ these items are
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I am writing to express my interest in the Edward Slack Scholarship. I am currently a sophomore at the University of Pittsburgh‚ majoring in Finance and minoring in Economics. After graduating from Pitt‚ I hope to work in Investment Banking or Equity Research‚ in New York City. When first arriving at Pitt‚ freshman year‚ I had no idea what my future had in store for me. I began working hard in my studies and getting involved around campus. Last summer‚ I secured an internship with BNY Mellon from
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MSIS 301 – Homework Chapter 4 Carlos Mazur Prof. Davood Golmohammadi 4.10. Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year 1 2 3 4 5 6 7 8 9 10 11 Registrations 4 6 4 5 10 8 7 9 12 14 15 a) Develop a 3 year moving average to forecast registrations from year 4 to year 12. Year 4 5 6 7 8 9 10 11 12 Forecast 4.6 5 6.3 7.6 8.3 8 9.3 11.6 13.6 b) Estimate demand again for years 4 to 12 with a 3 year weighted moving
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"Survival" Stuart Diver By Simon Bouda Stuart Diver born 14th January 1970‚ Geelong‚ Victoria. Simon Bouda author of "Survival"‚ a Sydney based journalist and author of 27 years experience was part of the nine network team assigned to cover the inspirational story of Stuart Diver‚ the sole survivor of the 97 Thredbo landslide. Stuart grew up exploring the world‚ when he was nine he went to Nepal with his family; mum‚ dad and his brother Euan‚ where they climbed to the Mt. Everest base
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Since my favorite teacher Mr. Main broke his back‚ we ended up getting a replacement Instructor. We knew after the first few classes that the instructor was a pushover. First of all‚ he didn’t seem able to control the class. While the instructor was writing our homework assignment on the board‚ someone threw a soaked paper towel on the board next to him. As he turned around he glared at everyone in the class. Everyone in the class fell silent. Out of nowhere I heard a small chuckle on the other side
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