Indian Institute of Management Kozhikode Course Outline Course Title : Service Operations Management (SOM) Course Code : SM05-06 Credits : 2 Term : Quarter-II (25 March- 30 June 2013) Year : 2013-14 Faculty : Prof. S. Venkataramanaiah __________________________________________________________________________ Introduction & Objective(s): Manufacturing‚ service and agriculture are the major economic activities in any country. In India‚ manufacturing and services together constitute nearly 75% of
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inventory. FIFO assigns first costs incurred to COGS on income statement. LIFO assigns last costs incurred to COGS on the income statement and if using a weighted average method a company would assign average cost incurred to COGS on income statement. Deere and Company uses LIFO costing method. d. Assuming that prices are increasing‚ FIFO gives a better indication of the value of ending inventory (on the balance sheet)‚ but it also increases net income
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Operations Management Listen-Up.com Case introduction Mai Chen‚ fresh from business school‚ has been hired by Listen-Up.com‚ a small‚ start-up manufacturer of hearing aids‚ to resolve the difficulties within its customer service group. The company’s products are sold over the Internet or phoned in using the company’s toll-free telephone lines‚ but telephone orders is the main and growing sales channel. During its three years of existence the company has experienced rapid growth with the
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Report on Operation Management: A Case Study of Walmart Introduction Walmart is a giant American retail store that is also considered to be the largest in the world. The store operates numerous international subsidiaries outside the USA‚ with some of the subsidiaries operating under different brand names (Finne & Sivonen 2009 p. 89). Walmart’s operations have been divided into departments‚ a total of thirty-five in number‚ each of which deals with goods and products that are closely related
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based on the Six Sigma methodology. Continue to probe the Greasex problem as one part of creating a plan. Do not treat the most recent Greasex problem as a stand-alone issue. View it as a broader‚ company wide quality issue. 2. Get upper level management to review the strategic quality initiative and get their input 3. Communicate the plan to the other members of the quality department and get their input 4. The entire quality department works on presenting the strategic quality initiative
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operations-management notes (no 1) by professor zubin_____________________________________________________________________________________________ sub-functions of ’operations’ function in a large manufacturing organisation in a manufacturing company operating in a ‘gala’ of an ‘industrial estate’ with one proprietor‚ one supervisor and 10 workers … § the proprietor is the hr manager‚ purchase manager‚ the marketing manager and the finance manager § the supervisor is the stores manager‚ the production
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MGF10101- Introduction to management‚ Semester 1‚ Assignment 2. Case Study: Sir Charles Wilberforce Hospital. 1. Table of Contents. 2. Executive Summary 3. Problem identification Analysis Inadequate communication channels Unmotivated staff Insufficient leadership abilities Lack of teamwork 4. Statement of major problems Inadequate communication channels Unmotivated staff Insufficient leadership abilities 5. Generations and evaluation of alternative solutions
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Contents: * Introduction * Literature review: * The ‘four Vs’ of processes * Operations strategy * Operations performance objectives * Operations improvement * Findings * Discussion * Conclusion * Abbreviations * References | Introduction Operation management is changing‚ having increasing importance and central role in today’s businesses‚ effective operation management increases the potential to boost revenues‚ reduce costs and help in providing future competitive
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PRODUCTION & OPERATIONS MANAGEMENT MB0044 SET I 1. Explain in brief the origins of Just in Time. Explain the different types of wastes that can be eliminated using JIT. Just-in-Time (JIT) is a production strategy that strives to improve a business’ return on investment by reducing in-process inventory and associated carrying costs. Just In Time production method is also called the Toyota Production System. To meet JIT objectives‚ the process relies on signals or Kanban between different
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STUDY BY STUDENTS FROM HIBA MBA6 NAMES 1. 2. 3. 4. 5. Ahmad Alzayat Ahmad Bachar Al Masalkhi ALAA ELDIN AL JAJEH MHD Ayman Alzinati Maha Faqih CASE VIDEO CASE: LAYING OUT ARNOLD PALMER HOSPITAL’S NEW FACILITY INTRODUCTION The main aim of any firm is to achieve the mission while having competitive advantage to guarantee minimizing cost and maximizing profits. It’s very important to have a good marketing and finance systems but studies proved that its more effective if you also have a well-designed
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