Operations Management AGILE MANUFACTURING Submitted By: Flores‚ Patricia Joy A. Mojica‚ Krisha May S. Submitted to: Dr. Mario S. Mecate January 2015 DEFINITION Agile is defined as to be able to move quickly. Manufacturing is the making of goods or wares by manual labor or by machinery‚ especially on a large scale‚ from raw materials or unfinished materials. It is the making of a finished product or good ’. Combine the two words together agile and manufacturing it is defined as is an approach
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Services‚ 14e‚ Global Edition (Arens) Chapter 15 Audit Sampling for Tests of Controls and Substantive Tests of Transactions Learning Objective 15-1 1) A sample in which the characteristics of the sample are the same as those of the population is a(n): A) variables sample. B) representative sample. C) attributes sample. D) random sample. Answer: B Terms: Sample in which characteristics of sample are same as population Diff: Easy Objective: LO 15-1 AACSB: Reflective thinking skills
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Chapter 15 1. RIZAL AS HISTORIAN Rizal’s research studies in the British Museum (London) and in Bibliotheque Nationale (Paris) enriched his historical knowledge. His annotations to Morga’s book showed his familiarity with historiography. He told Isabelo de los Reyes‚ “A historian ought to be rigorously imparted…I never assert anything on my own authority. I cite texts and when I do‚ I have them before me.” 2. RIZAL AS HISTORIANFirst Voyage Around the World (Italian) Antonio PigafettaHistorical
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1.) Currently Teletech Corporation uses 9.30% as their hurdle rate and satisfied with the intellectual relevance of a hurdle rate as an expression of the opportunity cost of money by the managers. As a result the firm’s share prices are inactive. Their price-to-earnings ratio is also below investor’s expectation in comparison to the company’s risk. The relationship between risk and return is important to take into consideration. The constant hurdle rate results in a flat line and doesn’t correlate
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loads of work. Volta designed electrical system and sold equipment‚ components and parts for the system * In the industry they are into‚ they have many competitors and most of them are giant companies. Though in 1991‚ industry sales were estimated P700million‚ P400million from Volta line. Volta has received the electric equipment giant’s Top Quality Award * At first they didn’t have the capability for manufacturing‚ installation‚ and commissioning. But they have wide access because of their wide
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Strategic Plan: Riordan Manufacturing Inc. What role should ethical and social responsibility considerations have in Riordan’s strategic management plan? Ethical and social responsibility should be strongly considered in Riordan’s strategic management plan. Companies that support strategic corporate social responsibility focus on factors such as identifying opportunities and threats facing stakeholders‚ managing relationships with stakeholders‚ creating sustainable business practices‚ and most important
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Additive Manufacturing; Rapidly Develops to a Mainstream Technology Additive Manufacturing (AM) also known as 3D printing in its infancy is one of the most progressive technologies in the manufacturing industry and medical fields. Soon this technology will be mainstream in these fields but will also be found in many households around the globe. AM DEFINITION Some of you may not know what AM is‚ the following is the standard definition by ASTM F2792-10‚ “The process of joining materials
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Chapter 15 FRQ Thesis Statements 1. In shaping the course of the Thirty Years’ War‚ the relative importance was influenced both by religious rivalries such as the threats proposed between Calvinism and Catholicism‚ and dynastic ambitions like the desire to confront the threats of the growing Hapsburg power and the vision to expand one’s own power within the empire. a. Threat to Calvinism: (1) The Peace of Augsburg excluded Calvinism= sparked tension (2) When Ferdinand succeed the throne he
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Chapter 15--The Job Search‚ Rsums‚ and Cover Letters 1. Well-informed job candidates know that the first step in the employment process is A. researching salary‚ benefits‚ and job stability in a chosen field. B. developing an effective résumé to be sent to prospective employers. C. locating a specific job opening at a desirable company. D. assessing their interests and qualifications. 2. Job seekers should ask themselves questions such as Do I want to work for someone else or be my own
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CHAPTER II MANUFACTURING INDUSTRY 2.1 INDUSTRY PROFILE Manufacturing industry refers to those industries which involve in the manufacturing and processing of items and indulge in either creation of new commodities or in value addition. The manufacturing industry accounts for a significant share of the industrial sector in developed countries. The final products can either serve as a finished good for sale to customers or as intermediate goods used in the production process. 2.2
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