GUST Gulf university of since and technology Professor Yunus Kathawala Operations MGMT 571 Final Exam Question 1: Chapter 8 Explain any 3 major elements of “lean management” that were discussed in class. Contrast the 3 of them to the so called traditional approach. Which one of them that best applicable to a firm in Kuwait? Please explain: Answer: Lean management is an operation system that maximizes the value added each of the company activities by removing waste and delays‚ there are 3
Premium Management Production and manufacturing Process management
Process Design Matrix Executive Summary OPS/571 Operations Management July 28‚ 2014 Process Design Matrix Executive Summary Service Chosen: Personal Concierge Service Types of Service Offered: Dog walking‚ house sitting and maid services Operational Approach Production Line Approach According to the article‚ Production-line approach to service‚ this approach consists of breaking down the process it takes to manufacture one unit into an assembly line. This can best be seen in service
Premium Management Customer service Marketing
Next Generation of S&OP: Scenario Planning with Predictive Analytics & Digital Modeling By Gregory L. Schlegel and Peter Murray E X E C U T I V E S U M M A R Y | Although the Sales & Operations Planning process presently lies at the center of our business‚ businesses have yet to take full advantage of it. This article describes what is missing in our process; in particular‚ how to deal with uncertainty‚ complexity‚ and risk using scenario planning through probabilistic planning‚ predictive
Premium Management Supply chain management Supply chain
FIN 571 Week 4 Quiz. 100%. UOP‚ 2014. NEW. Grade A. There are 9 questions total Note: The questions might be in a different order. Please use the find feature in word to locate your questions faster. For customized tutorial service or if you have any questions/concerns‚ please contact me at tutoruop@gmail.com. Thank you :) Please purchase to see answers. Thank you Present value: Tommie Harris is considering an investment that pays 6.5 percent annually. How much must he invest today such that he
Premium Rate of return Net present value Investment
Classic Airlines and Marketing WK 1 MKT 571 University of Phoenix Classic Airlines is the fifth largest airline carrier in the world with 375 airplanes that service 240 cities with more than2‚300 flights each day. Since its inception 25 years ago‚ Classic Airlines has more than32‚000 employees. Last year the company had a net income of 10 million dollars (Classic Airlines‚ 2010). Current challenges Although the company is making a good profit‚ it has also encountered some major challenges
Premium Marketing Pearson PLC Loyalty program
Process Design Improvement Riordan Manufacturing OPS 571 Professor Riordan Mission Focus: exceeding ISO 9000 standards ISO 9000’s 8 quality management principles Customer focus Leadership Involvement of people Process approach System approach to management Continual improvement • Factual approach to decision making • Mutually beneficial supplier relationships ISO 14000 – Not certified? Potential barrier to international trades/exports Six Sigma DMAIC for process design improvement Define -
Premium Manufacturing Management Six Sigma
Business Structure Advice FIN/571 December 12‚ 2013 Business Structure Advice From: Beverly Mahone Sent: December 2‚ 2012 To: John Owner CC: Subject: Advice in starting your business John‚ when starting a business one has several options in the type of business structure to use. The different types of business structures are the sole proprietorship structure‚ the partnership structure‚ the corporation structure‚ the S corporation structure‚ and the limited liability company
Premium Corporation Limited liability company Types of companies
Differential amplifiers A differential (or difference) amplifier is a circuit used for amplifying a voltage difference between two input signals while rejecting signals that are common to both inputs. IRE = based on approximation IC ≈ IE then IC1 = IC2 = IRE/2 therefore‚ VC1 = VC2 = VCC – IC1R1 Modes of Signal Operation: Single-ended input – input signal is applied to either input with the other input connected to ground Differential or double-ended input – two opposite polarity input signals are
Premium
Rhetoric of the Op-Ed Page Student Version Reading selections for this module: Edlund‚ John R. “Three Ways to Persuade.” Expository Reading and Writing Course: Semester One. Long Beach: CA State UP‚ 2008. 29-32. Edlund‚ John R. “Letters to the Editor in Response to ‘A Change of Heart About Animals.’” Expository Reading and Writing Course: Semester One. Long Beach: CA State UP‚ 2008. 36. Rifkin‚ Jeremy. “A Change of Heart About Animals.” Los Angeles Times 1 Sept. 2003: B15. In this assignment
Premium Newspaper Rhetoric Writing
Learning Team Reflection Cassie Fernandez‚ Shoshannah Farber‚ Melody Castillo‚ and Darlene See FIN/571 July 27‚ 2015 Dave Faiella Learning Team Reflection In the video‚ Corporate Finance Video: Stable Money Makers‚ Peggy Parks has taken a chance on raising and breeding alpacas. She chooses to do this instead of watching her 401K slowly disappear and have nothing for her senior years. Ms. Parks initially invested $56‚000 to buy seven animals to start up the alpaca farm. Her investment is starting
Premium Investment Finance Collective investment scheme