Operation managers are able to look at comparable forecasted demands against the current capacity. Because of the easy use‚ it’s a trial and error approach that doesn’t require much computation to complete. Operation managers can look at the graphs and charts to make a decision on production‚ labor‚ and inventory in order to meet the demands. The mathematical models are a lot different than other models; it’s not trial and error and more complex. The reason mathematical models are not more widely used
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Project Management What is a project “Operations Management” is concerned with the transformation of inputs and resources into outputs. The transformation system to be used is dictated by the charateristics of the required inputs and the desired outputs. For instance‚ for mass manufacturing (where outputs and inputs are standardized‚ and products facing high demands are produced in very large quantities)‚ the transformation system may take the form of an “assembly line” (as in automotive
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needs to run‚ usually preceded by a plan before it can be executing for further development. Project management can be used for planning‚ controlling‚ and monitoring a project and usually it is conducted by a planner such as Project Manager. Gantt chart is the good way to show the planning of a project. It is easy to understand and update as a project develops. But the networks of a project are not easy to understand if they have critical paths‚ dummy activities‚ nodes and crashing. Usually‚ many
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Cost Reduction Techniques I. Introduction a) Why the need for cost reduction measures b) Who can implement these methods? c) Can I really make a difference? Organizing and Developing a Successful Cost Reduction Program a) What management can do about cost reductions b) Developing your cost reduction program c) Waste Prevention and its impact to the bottom line d) Operational analysis – a key to many savings e) Promoting a cost reduction program f) Communication results to all levels of management/organization
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*1) SCM Core Processes Supply chain management (SCM) – Planning and control of all activities across the supply chain—a network of companies that buy‚ produce‚ move‚ store and transform materials into finished products and services for eventual consumption by the end-user (customer). **Supply Chain Core Processes** Five Core processes Plan – The strategic design (production process selection‚ location‚ staffing). Source – Select suppliers (quantity‚ quality‚ cost‚ and delivery). Make – Transformation
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Classification and tabulation of data; Organization of data‚ Data classification: frequency distribution and cumulative frequency distribution. 3. Methods of data presentation a. Diagrammatic presentation; Line and bar graphs‚ Simple and multiple pie charts‚ Pictograms b. Graphical presentation; Histogram‚ Frequency polygon‚ Frequency curves‚’ cumulative frequency curves[ogive]. 4. Averages (measures of central tendency);Arithmetic mean‚Median‚Mode 5. Dispersion – measures of variablility;Range
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Controlling 21 QUESTION 2: THE NORTHWEST AIRLINES CASE STUDY 25 1.. 25 2.. 27 3. 29 REFERENCE 38 APPENDIX - FLYDRAGON PROJECT PERT CHART 39 Figure List Figure 1 Calendars of Project FlyDragon 4 Figure 2 Tracking Gantt Chart of Project FlyDragon 6 Figure 4 ResNet 1996 Application Development Gantt Chart 16 Figure 5 ResNet 1996 Office Implementation Gantt Chart 17 Figure 6 Simple and Unfriendly Interface of NWA¡¯ PARS 30 Figure 7 ResNet Project Team Organization Char 31 Figure 8 The friendly
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detail. Do not assume the reviewer will fill in the gaps in your logic. A common way of identifying project milestones and due dates is to use a graphic representation of the task relationships‚ such as a Gantt Chart (a bar chart showing timeliness for each principal task) or a PERT/CPM Chart (a network representation
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MANAGERIAL ACCOUNTING REVIEW COURSE OUTLINE 2nd Semester SY 2014 – 2015 WEEK DATE DAY TOPICS 1 Nov. 10 Monday An Overview: The Role‚ Historical Perspective and Direction of Management Accounting 1 Nov. 12 Wednesday Cost Terms and Concepts 1 Nov. 14 Friday Prelim Quiz 1 2 Nov. 17 Monday Variable & Absorption Costing 2 Nov. 19 Wednesday Cost-Volume-Profit Relationship 2 Nov. 21 Friday Prelim Quiz 2 3 Nov. 24 Monday Budgeting 3 Nov. 26 Wednesday Budgeting 3 Nov. 28 Friday Prelim Quiz 3 Dec. 1 Monday
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INFORMATION TECHNOLOGY TRAINING CENTER University of the Philippines PROJECT MANAGEMENT PROJECT PLAN PROJECT SUMMARY Project title: WEB-BASED BUS TICKETING SYSTEM FOR VICTORY LINER Project description: The Web based bus ticketing with SMS applications is a system designed and developed specifically for Victory Liner Bus Corporation. It consists of two (2) major parts‚ namely: the employee page; and the customer page. The employees page is intended only for the bus company‘s
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