OMN401M - Operations Management Iv Duration: Year module NQF Level - 7 Credits - 24 Purpose: This module is intended to qualify the student/s as operations management practitioners and graduates at B Tech level. It empower the student with a more critical and intensive approach in solving the problems in the market place. It does provide the learner with skills to do research in order to enable them to do structured investigations before taking certain discussions. It is also intended to benchmark
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The term ‘lean production’ came about to describe the Toyota production system in the late 1980’s. This came to pass through a research group from MIT who over five years analysed the automotive industry in fourteen countries. It was called ‘lean manufacturing’ rather than the Toyota production system to make it easier for competitors and organizations to adopt this type of system. The concept of lean production in a manufacturing organization basically means to try and maximise the use of materials
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Int. J. Production Economics 85 (2003) 183–198 The strategic integration of agile and lean supply R. Strattona‚*‚ R.D.H. Warburtonb a School of Engineering‚ Nottingham Trent University‚ Burton St.‚ Nottingham NG1 4BU‚ UK b Griffin Manufacturing‚ Fall River‚ MA‚ USA Abstract Lean supply is closely associated with enabling flow and the elimination of wasteful variation within the supply chain. However‚ lean operations depend on level scheduling and the growing need to accommodate variety and
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Individual Assignment #1 “Describe the management accountant’s responsibility for Ethical behaviour in the conduct of his/her duties” Presented in partial fulfillment for the requirements of the course: (ACT611) Managerial Accounting: Information for Decision Making To Mr. Donald Smalling By Dalton Richardson 20031288 January 13th 2013 Overview of Code of Ethics for Accounting Professionals Accountants come face-to-face with several ethical
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dedicated to empowering management accounting and finance professionals to drive business performance. It is also dedicated to rebalancing the accountancy profession by educating society regarding the business building role of management accountants and finance professionals working inside organizations. Most importantly‚ it provides a dynamic forum for management accounting and financial professionals to develop and advance their careers through its Certified Management Accountant. Benefits of IMA
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knowledge and question technique when tackling a question on ethics. The IESBA Code IESBA’s (IFAC’s) Code of Ethics for Professional Accountants provides a conceptual framework that requires a professional accountant to identify‚ evaluate‚ and address threats to compliance with the fundamental principles. The conceptual framework approach should assist professional accountants to comply with the ethical requirements of the IESBA Code‚ and to serve the public interest. Guidance is provided in several areas:
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Well‚ at any given time there are many different standards of ethics around the world‚ depending on where you are. The main thing to know is that ethics are winding down‚ things are getting less ethical‚ and they are developing into something worse. The early developments in moral and political philosophy left a lasting effect through the history of those. For both moral and political philosophy it is both Plato and Aristotle that have been either the basis for‚ or the rejection of‚ most further
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How to be a good accountant When someone asked me what you want to do when you grow up‚ I will always answer "scientists"‚ but what is that‚ what to do‚ I have no idea. When I went to middle high school‚ I believed that a wide range of scientists‚ I need to have a specific selection‚ so I wanted to do a lot of career‚ such as journalists‚ actors‚ astronauts‚ and so on. I thought about everything‚ but I feel that it is not possible to achieve‚ my future is still very long. I also have lots of
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Lean Management in the Construction Field Everywhere you look‚ there are new construction projects being started and built. Construction is one of the top industries in the world‚ and with that‚ the construction industry is one of the largest contributors of waste and pollution. According to the U.S. Environmental Protection Agency (2004)‚ “the U.S. building industry accounts for 39% of total energy use‚ 12% of total water consumption‚ 68% of total electricity consumption‚ and
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controlling their resources and materials to accomplish performance objectives. In other words management. There are four main types of management‚ Classical‚ Behavioural‚ Quantitative and now the Modern Approach to Management. The Modern Approach states that there is no one good way of management. A successful organization utilizes all the types of management. A good example of this is the movie Lean on Me‚ starring Morgan Freeman as Joe Clark‚ the protagonist of the movie. Joe is a very talented
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