Department of Decision Sciences San Francisco State University FINAL EXAM QUESTIONS The sample problems below are organized by topic. Where possible‚ answers are given. Disclaimers: • These questions are questions that have appeared on previous years’ (final) examinations. They are for practice only. There is no guarantee that the questions on your finals will be the same‚ or that different professors will give the same types of questions. • Not all 412/786 sections cover the same material
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OPERATIONS MANAGEMENT 1. Supplier Us Customer Raw materials Transforming Work in progress inventory Transformation Finished goods inventory Customer Codex 25000D1‚ 18 dollars (Notes and Problems). Assignment 1‚ 2 make for 15%. Midterm make for 35% and the Assignment 3 for 10%. Finals make up for 40%. Assignments handed in at the beginning of sessions 5‚ 7 and 12. Value added: Inputs Transformation process Outputs. How do we increase value to the product. A lot of things
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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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100 (18/101) = 17.82% | | April | 96 | 101 | 5 | 100 (5/96) = 5.21% | | May | 89 | 96 | 7 | 100 (7/89) = 7.87% | | June | 108 | 89 | 19 | 100 (19/108) = 17.59% | | | | | | 49 | | | 48.49% | | Naive outperforms management. 4.27 | Winter | Spring | Summer | Fall | 2004 | 1‚400 | 1‚500 | 1‚000 | 600 | 2005 | 1‚200 | 1‚400 | 2‚100 | 750 | 2006 | 1‚000 | 1‚600 | 2‚000 | 650 | 2007 | 900 | 1‚500 | 1‚900 | 500 | | 4‚500 | 6‚000 | 7‚000 | 2
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In order for Peter to achieve his objectives for purchasing and inventory management we must closely study the issues of inventory level review‚ holding costs and safety stock. Holding cost is money spent to keep and maintain a stock of goods in storage. It is largely recognised that a healthy holding stock figure is between 25% and 33.33% of material costs. Peter has holding costs of 21% which is just touching on a fifth of Danker’s materials cost. Now we could take this to mean that Peter therefore
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the health and safety of ourselves and others. The law then forces the employer to provide a safe work place for you and other workers. He must ensure that the health and safety of his staff and customers is not placed at risk and by how business operations are conducted. He must than encourage employees to work for a healthier and safer environment. This is achieved by 1. Open communication between both parties. 2. Attending team meetings 3. Training and induction sessions 4. Reading
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in sustainable ways‚ they help protect the environment‚ traditions and culture of the places their clients visit. Project Objective The main objective of the project is to determine the day to day operations of Kings Travel Agency. It determines the effectiveness and efficiency of the management and the employees and gives an overview of their mission and strategies. It gives the Macro and Micro Analysis‚ SWOT analysis‚ Their Current and Future Objectives. It also gives a look into marketing communications
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Shaw‚ Stepehn. Airline Marketing and Management (7th Edition). : Ashgate Publishing Group‚ . p 16 http://site.ebrary.com/id/10470883?ppg=16 Copyright © Ashgate Publishing Group. . All rights reserved. May not be reproduced in any form without permission from the publisher‚ except fair uses permitted under U.S. or applicable copyright law. Shaw‚ Stepehn. Airline Marketing and Management (7th Edition). : Ashgate Publishing Group‚ . p 17 http://site.ebrary.com/id/10470883?ppg=17 Copyright
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predictable flow‚ highest volume‚ and lowest variety. Example: water processing‚ petrochemical refineries Professional Services High contact processes‚ high customer contact and involvement‚ high level of customization‚ often people based. Example: Management consultants‚ doctors‚ lawyers Services Shops Mix of front and back-office services‚ differing levels of volume and variety. Example: Banks‚ hotels‚ schools‚ restaurants Mass Services High amount of throughput‚ limited customer contact‚ little
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ARTICLE CRITIQUE The influence of work-cells and facility layout on the manufacturing efficiency‚ Journal of Facilities Management. 1. Introduction This purpose of this paper is to critique the article ‘The influence of work-cells and facility layout on the manufacturing efficiency’ written by SeyedMahmoud Aghazadeh‚ Saeedreza Hafeznezami‚ Lotfollah Najjar and Ziaul Huq. This paper will first summaries the article. Secondly‚ it will briefly critique the article. Thirdly is the conclusion
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