manual system of tax filing tax payers are lining up‚ in order to file their income tax returns. The arrival of tax payer is Poisson at a rate of 5 per minute. The IT officer wishes that no tax payer should suffer for more than 10 minutes in the queuing system. If only one clerk is serving‚ what should be the rate at which the clerk disposes the tax returns? What if the number of clerk is two? OM Assignment V(Aggregate Planning) 1.Discuss chase strategy and level strategy. 2.What is expansionist
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problems. This approach is designed to help managers know how to deal with the problem and shows them proper ways to solve problems in a mathematical way. Computers facilitated development methods such as statistical decision theory‚ linear programming‚ queuing theory‚ simulation‚ forecasting‚ inventory modeling‚ network modeling‚ and breakeven analysis which are applied in many areas of the organization. This method does not work all of the time because some problems cannot be solved mathematically. It
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Job Method With Job production‚ the complete task is handled by a single worker or group of workers. Jobs can be small-scale/low technology as well as complex/high technology. Low technology jobs: here the organization of production is extremely simply‚ with the required skills and equipment easily obtainable. This method enables customer’s specific requirements to be included‚ often as the job progresses. Examples include: hairdressers; tailoring High technology jobs: high technology jobs involve
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Syllabus: Management Managerial Economics. Organizational Behavior . Human Resource Management. Marketing Management (Environment: Analysis & Promotion). Financial Management. Production Management & Operational Research. Statistics and Methodology in Management. Corporate Strategy and Globalization in Management. Entrepreneurship and Innovation. Social Responsibility and Ethics. UNIT-1 Managerial
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Kristen’s Cookies - Key Issues Product Differentiation/ Core Competencies n Product features n n n variety/customization freshness convenience Low overhead Flexible labor - can study during idle time Location - access to targeted market n Competitive Advantages n n n What are the bottlenecks? mix (6) spoon (2) load (1) bake(9) cool (5) pack (2) pay (1) Resource Activity You mix spoon Oven bake R-mate oven load packing payment Time 6 min 2 min
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of card games so that customers can easily spend hours there without noticing the time. Strategy 5 – Handwork for Cash The restaurant understands that “time is money”. Therefore to compensate for the time loss of their customers due to long queuing time‚ they provide handwork papers for customers to fold paper cranes which can be used to redeem food or cash (RMB$0.5 per crane). Strategy 6 – Children playground The restaurant is equipped with mini children playground with baby-sitters for
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Questions One: Analysis of Zipcar’s business model using Porter’s five forces model Threat of New Entrants In my own observation‚ Zipcar is a perfect description of an almost hundred percent automated business. They have fully utilized all IT resources available to them‚ and have succeeded in eliminating the need for human interaction at the same time staying in full control of the business. They have succeeded in outfitting all their cars with patented wireless technology‚ which I would classify
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CHAPTER 1 Introduction A rental is a great option for girls and boys‚ who want a beautiful gown/barong without the expensive price. Instead of paying a thousands of dollars‚ for a gown/barong that you will just wear once‚ why not consider renting a gown/barong? Choosing a gown/barong rental instead of buying a one-time-wear gown/barong is a decision that can help girl/boys trim their budget without trimming their special day. Girls and boys will look beautiful in any gown/barong‚ no matter
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There are two ways that you can enter the second floor. If you enter the bookstore from first floor and then you can go upstairs through stairways. There is also a separate entry from second floor. Compared to the first floor‚ which sells some goods that have little relationship with study and life inside the school and the purpose of which is to provide convenience for people outside the school to purchase some souvenirs‚ the second floor of bookstore’s most target consumers are students of Lehigh
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The Jim Davis Case Background At the end of this story we find Jim Davis‚ a relatively newly hired Retirement Account Coordinator and Business Development Manager for Hereford National Bank‚ in a management quandary. He is faced with a situation where a branch manager‚ Patty Matthews‚ has skipped a mandatory training session that he is conducting for all branch managers of the company. Patty‚ a 25-year veteran‚ claims that she missed the training because of illness‚ but Jim doesn’t feel that
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