Chapter 01 OPERATIONS MANAGEMENT: as a competitive weapon mks mks@mdi.ac.in http://mks507.vistapanel.net Prof. (Dr.) Manoj K Srivastava Operations Management Area 1. The Systems Approach C O N T E N T S 2. 3. OM Definition Ten Critical Decisions 4. 5. The Cases 4V Typology of Operations 6. 7. Productivity Competitiveness 8. 9. Manufacturing Vs. Service? The History 10. The Future 1 Systems Approach Systems Approach Reduce waste…or
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service‚ and more healthy meal options. McDonald’s is competitive in many categories‚ including price‚ quality‚ management and employee training. Consumers trust McDonald’s products because they use many of the same trusted brands that families buy at local grocery stores. Operations Strategy “In many companies‚ the key to success is often an operations-based advantage. Superior operations effectiveness not only serves to buttress a company’s existing competitive position‚ but‚ when based on capabilities
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SUB: OPERATIONS MANAGEMENT 1. Production planning functions can be broadly identified as a) Estimating ‚ routing ‚ distribution b) Estimating‚ routing‚ scheduling c) Estimating‚ distribution‚ collection d) Distribution‚ collection‚ scheduling 2. For efficient process of order picking by personnel‚ communication plays a vital role in any Organization and the directives they need to have are ____‚ _____ and _______. a) Simple‚ clear and straight b) Straight‚ clear and easy
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what I am doing today and getting chance to learn. I also would like to thank my lecturer because give me chance to become chef of the day. I also would like to say thank you to all my friends because they gave me 100% co-operation when they were working with me. Otherwise‚ they also gave me a lot of important information for my report. Without their information my report will become incomplete. Also I would like to thank to my parents for their non-stop moral support. Without this entire people
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is dealing in construction business. The company was founded in 1979 by Jeffery Koh. The company has an annual turnover of $20 million and with total staff strength of 40 personnel. The company is a privately-held construction and engineering company. With the booming construction industry in Singapore and across the Asia region‚ there are many new buildings to be constructed in coming years and it brings good prospects to our company. However the construction business is also becoming more challenging
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consider a centralized corporate level Materials Management System to consolidate buying decisions for each of the 4 dealerships. This would facilitate greater leveraging with suppliers for consistent quality-control. They should study‚ calculate and make effective decisions on the materials that should be brought for each of the four dealerships instead of allowing each dealer to do it on their own. An automated EDI (Electronic Data Interchange) inventory management system that interconnects with
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| BX2062 Operations Management | Literature Review | “Too much theory‚ not enough understanding”Veronika12665417 | | | Bachelor Of BusinessSP53 2012 James Cook University Singapore | Article Overview The article was written by Roger W. Schemmer in early 2009. Basically‚ the article is addressing about the usage of theory in operations management. As mentioned in the article‚ theories used in the journal article‚ as science defines it‚ is not at the center of much of the research
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Bright Horizons A business model refers to the trade-offs and decisions regarding how an organization makes money. Every business model must answer four questions. The four questions are: who is the customer?; what does the customer value?; what is the underlying logic of how value is delivered to the customer?; and how does the organization make money? The traditional day care business model answers the four questions as follows: The parents are the customers. The parents value a place for their
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on the water. British forces relied on air and naval defense against Germany‚ as they knew they had no chance on land due to Germany’s large army. Operation Catapult After France signed an armistice to get out of World War II‚ Britain knew that Germany would try to take over the French navy. To prevent this‚ Britain launched what they called Operation Catapult. Britain would send troops to Algeria‚ which is where much of the French navy fled and give them choices on what they could do. The French
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Restaurant Operation Management EXECUTIVE SUMMARY This project is about us being hired as a restaurant manager of a new American ethnic restaurant. It has a seating capacity of 80‚ which it serves mainly American cuisine accompanied with various types of alcohol and non-alcoholic beverages. The operation time is from 11am – 1am and our target market would consist of 50% local and 50% tourist. As restaurant manager‚ we are assigned to produce a proposal for this upcoming restaurant which will
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