INTRODUCTION TO OPERATIONS MANAGEMENT Spring 2012-ASSIGNMENT # 1 Name 1: --------------------------------------------------- ID # ------------------------------------------------ Name 2: --------------------------------------------------- ID # ------------------------------------------------ Question # 1 [15 Marks] Bob Richards‚ the production manager of Zychol Chemicals‚ is preparing his quarterly report‚ which is to include a productivity analysis for his department. One of the inputs
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Question : (TCO 4) Deming claimed that higher levels of _____ lead to higher levels of _____. Student Answer: automation‚ quality quality‚ productivity inventory‚ quality inspection‚ quality Instructor Explanation:See p. 92 Points Received: 2 of 2 Comments: 2. Question : (TCO 4) Which of the following is the primary reason for Deming ’s position that slogans should be eliminated? Student Answer: Most problems depend on the system and cannot be
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AIH – TAX –ACT304 Assignment – Summer 2014 QUESTION 1: NML Ltd is a public gold mining company that is exploring for gold in the Ballarat and the Bendigo region. Geoff is the managing director and he seeks your advice as to the deductibility of the following expenses which were incurred prior to 30 June 2013: 1. The purchase of gold tenements for $259‚035 which gives the company the right to prospect for gold in that area for three years. 2. The payment of legal fees to settle a dispute
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National Institute of Business Management Chennai - 020 FIRST SEMESTER EMBA/ MBA Subject : Financial Management Attend any 4 questions. Each question carries 25 marks (Each answer should be of minimum 2 pages / of 300 words) 1. What are the significant factors of Financial Statements? Discuss the various tools of financial Analysis. (Answered) 2. What is a Fund Flow Statement? Discuss the uses and preparation of Fund Flow Statements. (Answered) 3. What is financial Forecasting? Explain. (Answered)
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1) Is the title appealing? if you can make a new title by skimming through the essay and finding an interesting sentence. The title appealing because it is simple about myself. The new title could be “Jessica’s Life” or “How Jessica Is”‚ the sentence would just simply be about me. 2) How effective is the first paragraph at getting the reader’s attention? Will it make them want to read more? The first paragraph is effective because it will make readers want to read more about me and what I do
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IMPORTANT THEORY QUESTIONS IN OPERATIONS MANAGEMENT 1. Define productivity. How can it be measured? How can the productivity of an organization be increased? 2. What is the transformation process? Explain the transformation process in a restaurant. 3. How is a job shop different from the batch production process? 4. What are the differences between manufacturing and service operations? 5. What are the characteristics of a good product design? 6. What is service capacity? Which strategies
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Chapter 1 Introduction to Operations Management True/False 1. Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization’s goods or services. Answer: False Page: 4 Difficulty: Easy 2. Often‚ the collective success or failure of companies’ operations functions will impact the ability of a nation to compete with other nations. Answer: True Page: 4 Difficulty: Easy 3. Companies are either producing
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1.0 Total Quality Define total quality & quality. Total Quality: an approach of doing business that attempts to maximize the competitiveness of an organization through the continual improvement of the quality of its products‚ services‚ people‚ processes‚ and environments Quality: a dynamic state associated with products‚ services‚ people‚ processes‚ and environments that meets or exceeds expectations and helps produce superior value. List the elements of total quality 1. Strategically based: Comprehensive
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COMM 225: Production & Operations Management TOPIC: PROJECT MANAGEMENT – QUESTIONS (To be solved in class) Q1 (Ref: Q. 17-7‚ p658 of textbook): Three recent university graduates have formed a partnership and have opened an advertising firm. Their first project consists of activities listed in the following table. (a) Draw the precedence network. (b) What is the probability that the project can be completed in 24 days or less? In 21 days or less? (c) Suppose that now is the end of the seventh day
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Review Questions Name ___Brian Ellison _________________________ Answer the following questions: 1) What is resource overallocation? Resource leveling is the project management function of resolving project resource over-allocation. By definition over-allocation means that a resource has been assigned more work than can be accomplished in the available time as dictated by the resource’s calendar definition. In most scenarios‚ over-allocations can be remedied manually by extending tasks
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