METALURGIJA 52 (2013) 3‚ 429-431 429 P. .NAPKA‚ M. MIKU.OVA‚ K. JANOVSKA‚ A. SAMOLEJOVA SIMULATION MODEL OF METALLURGICAL PRODUCTION MANAGEMENT Received . Prispjelo: 2012-07-18 Accepted . Prihva.eno: 2012-11-12 Professional paper . Stru.ni rad ISSN 0543-5846 METABK 52(3) 429-431 (2013) UDC . UDK 669.1: 658.5: 004.94 =111 P. .napka‚ M. Miku.ova‚ Faculty of Economics‚ K.Janovska‚ A. Samolejova Faculty of Metallurgy and Materials Engineering‚ V.B . Technical University of Ostrava‚ Ostrava
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TEAM ASSIGNMENT NO. 4 LOCATION PROBLEMS Problem No. 1 A) Based on Labor cost only‚ which location would be most economical to product the items? Data: LOCATION LABOR COST UNITS PRODUCE Cambodia 6 laborers @ $3/day= $18.00/day 40 China 10 laborers @ $2/day= $20.00/day 45 Billings‚ Montana 2 laborers @ $60/day= $120.00/day 100 COST OF GOODS PER UNIT LOCATION Labor cost per day/productivity COST PER UNIT Cambodia $18.00/40 $.45 China $20.00/45 $.44 Billings‚ Montana $120.00/100 $1.20
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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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INTRODUCTION Production is a formal activity that adds value to goods and services‚ including creation‚ transport‚ and warehousing until used. Production is an organized process with specific goals. It implies the creation of a utility or services. Operation is that part of as organization‚ which is concerned with the transformation of a range of inputs into the required output (services) having the requisite quality level. Production function is ‘the part of an organisation‚ which is concerned with
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Question 1.1 - Competitors It is most interesting to compare Inditex’s financial results with H&M. Similarities Low prices and relatively high fashion content Both are mainly European based Strong international expansion strategy Both have reasonable but not excessive physical quality In terms of positioning‚ Gap and Benneton are less fashion driven and more expensive Differences: H&M mainly outsources its production (outsources 50% of its production in Europe as well‚ but has slightly
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ASSIGNMENT COVER SHEET ASSIGNMENT COVER SHEET Surname Amoo First Name/s Akinlawon Olubukunmi Student Number 126625 Subject Operations Management Assignment Number 1 Tutor’s Name N. ALWAR Examination Venue Johannesburg Date Submitted 01 SEPTEMBER 2014 Submission (√) First Submission √ .resubmission Postal Address Unit 85 Brigadoon Soutpansberg Road Isandovale‚ Edenglen Johannesburg 1609 E-Mail akinlawondavids@yahoo.com Contact Numbers (011) 917 9984
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School Master of Science in Global Operations ISOM 5700 Operations Management Fall 2014 Instructor: Professor Albert Y. Ha Department of Information System‚ Business Statistics and Operations Management Room 4023‚ LSK Business Building (852) 2358 7724 imayha@ust.hk http://www.bm.ust.hk/~isom/staff/imayha.html Teaching Assistant: Edmond Ho imhcf@ust.hk Course web site: http://lmes2.ust.hk Course Description Operations management is the management of business processes that produce
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Sunderland Business School Level: M Module: Operations Management Module Code: PGBM03 Module Leader: Tom Cuthbertson Issue Date: 26th July 2011 Return Date: 16th August 2011 Contribution to Module Assessment 100% This is an individual assignment. Work submitted must adhere to the University policy on Cheating‚ Collusion and Plagiarism. Introduction If Marketing’s function is to identify the needs of customers‚ then it is Operations Management which has the role of providing the required
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between operations‚ marketing and product/service development at Acme Whistles? Page 3 2. Oxfam International case study What are the main issues facing Oxfam’s operations managers? Page 4 3. Formule 1 & Mwagusi Safari Lodge 3.1 For each hotel‚ what is the role of technology and the role of operations Page 6 staff in delivering an appropriate level of service? 3.2 What are the main differences in the operations management
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Operations Management assignment Supply Chain Management Supply chain management is the coordination of the processes and functions within a business‚ adopted by most companies in the UK in the late 1990’s. It deals with the internal and external factors that‚ when dealt with correctly and systematically‚ can determine a businesses success or failure. A supply chain is the network of activities that delivers a finished product service to the customer. By definition‚ supply chain management
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