Assignment 1: LensCrafters Case Study Lou-Ann Alves-Rose Professor: Dr. Katherine Hyatt BUS430 - Operations Management 7/28/2013 1. Evaluate LensCrafters operations strategy and explain how the organization seeks to gain a competitive advantage in terms of sustainability. LensCrafters is an optical chain founded in 1983 by Dean Butler to provide a better experience to customers. Butler had a simple vision that you could walk into his store needing a new pair of glasses and walk out
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Page: 1 2 1. Question : (TCO 4) The Dulac Box plant produces 400 cypress packing boxes in on two-person assembly line during a 10-hour shift. What is the labor productivity of this assembly line? Student Answer: 20 boxes/labor hour 25 boxes/labor hour 50 boxes/labor hour 250 boxes/labor hour 500 boxes/labor hour Instructor Explanation: 400 boxes/(10 hours x 2 people) = 400 boxes/20 labor hours = 20 boxes/labor hour (Formula 1.1‚ Chapter
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Operation Strategy within an Organization Raven Davis MGT 4850 Operation Strategy within an Organization Operation strategy has been defined as “the development of a long term plan for using the major resources of the firm for a high degree of culpability between these resources and the firm’s long term corporate strategy.” (Davis‚ 2007) Operation strategy is a very important function for any organization. Operation strategy is the link that brings all of an organizations processes and value
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HONDA: Operations-based core competence The resource-based view argues that companies posses some unique resources (assets and capabilities) and competitive advantage is acquired by accumulating those strategic assets. Resources are any tangible (e.g. equipment‚ raw material) or intangible (e.g. firm image‚ processes‚ routines) things that a company owns and can use to carry out its crucial processes. Capabilities‚ are dynamic of a “doing” nature. Capabilities are “the ability of make use of resources
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landscape. Air Deccan’s basic strategy is to make air travel accessible to every Indian by pricing their services at 30-40 percent of regular airline services. Translating this overall strategy into operations calls for making unique choices in several operational elements. At a broader level‚ this resulted in unique methods adopted for procuring aircraft‚ maintenance‚ ticketing & in-flight services & flight & schedule management policies. This constitutes the operations management process.
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Introduction The Coca Cola Company one of the most popular soft drinks manufacturers in the world. Founded by Dr. John Styth Pemberton‚ who produced the cola flavoured syrup which is mixed with carbonated water. The beverage was first sold through a soda fountain in a Jacob’s pharmacy; Atlanta‚ Georgia. In 1893‚ seven years after first being invented‚ when Coca cola was registered with the United States Patent office. Today 10450 soft drink manufactured by the Coca Cola company are consumed every
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Strategy and Operations: FreshDirect * Visit freshdirect.com and type 10012 for zip-code. * What is FreshDirect’s business concept/strategy? Value proposition to customers? * How well have earlier online grocery stores performed? * Is FreshDirect successful? * If so‚ what are the reasons for its success? * “…Webvan’s founders erroneously thought… a competitive advantage simply by being Internet based. * From experience‚ Mr. Ackerman can say the Web itself confers no
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Hill framework for Operations Strategy Formulation Hill (2005) provides an iterative framework that links together the corporate objectives; which provide the organizational direction‚ the marketing strategy; which defines how the organization will compete in its chosen markets‚ and the operations strategy; which provides capability to compete in those markets. The framework consists of five steps: 1. Define corporate objectives 2. Determine marketing strategies to meet these objectives
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Chapters 1‚ 2‚ and 6 1. Describe the main elements of an “Operations Systems” model. a. The main elements of an Operations Systems model are the inputs‚ that go through the transformation process‚ then they become outputs. There is also the planning and control subsystem which is the feedback mechanism. 2. What are the primary differences between manufacturing and service operations? b. There are 5 differences between services and
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Operations Strategy in a Global Environment International Operations at General Motors For years‚ General Motors dabbled with the idea of becoming a truly global business. While the firm exported its cars to several other countries and had a few plants outside the U.S.‚ it remained predominantly a North American enterprise. Just a few years ago‚ for example‚ 80% of the firm’s vehicles were made in North America. Cars made elsewhere were often retreads of older
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