Winter 2013 Master of Business Administration- MBA Semester 2 MB0048 – Operations Research - 4 Credits (Book ID: B1631) (Roll no: 1305009661) Q.1: Discuss the various stages involved in the methodology of Operations Research. Briefly explain the techniques and tools of Operations Research. Ans: The basic dominant characteristic feature of operations research is that it employs mathematical representations or models to analyse problems. This distinct approach represents an adaptation of the
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Apple Supplier Code of Conduct Apple is committed to ensuring that working conditions in Apple’s supply chain are safe‚ that workers are treated with respect and dignity‚ and that manufacturing processes are environmentally responsible. Apple’s suppliers (“Suppliers”) are obligated‚ in all of their activities‚ to operate in full compliance with the laws‚ rules‚ and regulations of the countries in which they operate. This Supplier Code of Conduct (“Code”) goes further‚ drawing upon internationally
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Marketing and product objectives Þ Team Octoberfest¡¦s marketing intent is to attract as many college students to College Night as possible. We want to want to offer a diverse amount of students a place to gather and make new friendships. Also a place to promote art awareness to society. Þ Current Market: Our current market is a large group of college students from all over Boston. These students typically tend to be underclassmen at their respected undergraduate institutions. Þ New Markets:
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Unit 1: Introduction – Consumer Needs‚ Motives and Values Operation Management (OM) is the science and art of ensuring that goods and services are created and delivered successfully to customers. Applying the principles of OM entails a solid understanding of people‚ processes‚ and technology and how they are integrated within business systems to create value. Nature of Operations Management The traditional management paradigm revolves around four basic functions – Planning‚ Organizing‚ Directing
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OPERATION MANAGEMENT Question 1 Briefly explain the activities in Operation Management. Operations management refers to the activities‚ decisions and responsibilities of managing the resources which are dedicated to the production and delivery of products and services.The part of an organisation that is responsible for this activity is called the operations function and every organisation has one as delivery of a product and/or service is the reason for existence. Operations managers are the people
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Running head: OPERATIONS SERVICE MANAGEMENT Operations Service Management Name: Institution OPERATIONS SERVICE MANAGEMENT Introduction Operations management is the process by which the managers in an organization ensure that all the services delivered by the organization are efficient using as little resources as possible. The essay uses the electronic business as the example in this case. Service people are the members of staff that help to attend to the clients or customers. In short
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and effectiveness of operations and increasing customers’ satisfaction‚ as shown in Figure 1. Operational Audit Corrective actions by the management Increase customer satisfaction 10. Follow up - How to conduct Operational Audit? to increase Enable management to identify ways operational control. 1. Select procedures or departments whose operations are to be audited 2. Determine audit objectives 3. Select the audit team and determine the schedule 4. Define the operations to be audited 5. Determine
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Running head: A CAPSTONE OF APPLE‚ INC. A Capstone of Apple‚ Inc. BUS 599 Assignment 5 June 10‚ 2012 A Capstone of Apple‚ Inc. Analyze the company’s mission and vision statements against the performance of the organization. Then‚ evaluate how well the company lives out its mission and vision statement. Provide support from the organization’s performance in your evaluation. Apple Inc’s mission statement is as follows - Apple is committed to bringing the best personal computing experience
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Economics is the social science that analyzes the production‚ distribution‚ and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία(oikonomia‚ "management of a household‚ administration") from οἶκος (oikos‚ "house") + νόμος (nomos‚ "custom" or "law")‚ hence "rules of the house(hold)". Current economic models emerged from the broader field of political economy in the late 19th century. A primary stimulus for the development of modern economics was the desire
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Introduction to Operations Management Learning Objectives * Define the term operations management * Identify the three major functional areas of organizations and describe how they interrelate * Compare and contrast service and manufacturing operations * Describe the operations function and the nature of the operations manager’s job * Differentiate between design and operation of production systems * Describe the key aspects of operations management
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