SMM109 Operations Management Part B: Individual Assignment Application and Evaluation of the Five Operations Management Objectives by Shakila a/p Munisamy (u0958470) Table of Contents 1.0 Introduction 4 1.1 Organisational Structure 4 1.2 Market Segments 4 1.3 Process Flow 6 2.0 Critical Analysis of LSW based on the 5 performance objectives 7 2.1 Internal and External Customers 7 2.2 Client Expectations 8 2.3 Different Expectations of Public and Corporate Clients 9
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walmart’s cost leadership/Broad market strategy WALMART’S STRATEGY Basis for Customer Value lowest cost Broad Market Target Market Who: Determining the customers to serve 1.Wal- Mart ensures that it positions itself strategically in the market by offering products that meet the needs of all the population segments. 2.Wal- Mart’s target marketing has been based on the fact that different age groups’ demands are catered for sufficiently What: Determining which customer needs to satisfy •before
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In the U.S. Military services‚ rank determines who gets to tell whom what to do. The higher one ’s rank the more authority (and responsibility) they have. U.S. Military personnel fall into one of three categories: (1) enlisted members‚ (2) warrant officers‚ and (3) commissioned officers. Warrant officers outrank all enlisted members‚ and commissioned officers outrank all warrant officers and enlisted members. "Rank" and "pay grade" are closely associated terms‚ but not quite the same. "Pay grade"
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classifying‚ explaining REMEMBERING Recalling information Recognizing‚ listing‚ describing‚ retrieving‚ naming‚ finding BLOOM’S TAXONOMY OF OBJECTIVES ORIGINAL TERMS NEW TERMS Evaluation Creating Synthesis Evaluating Analysis Analyzing Application Applying Comprehension Understanding Knowledge Remembering TABLE 1 Revised Bloom’s Taxonomy of Objectives Teacher’s Role Student’s Role Remembering Recalling information Recognizing‚ listing‚ describing‚ retrieving‚ naming‚ finding Directs Tells
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Objectives/Importance of co-operative society 1. Bringing economic welfare: A cooperative is not just formed to make profits; its objective is to ensure the economic welfare of its members. 2. Creating unity and solidarity: A cooperative is characterized by the strength of its unity. Therefore bringing the extorted and deprived together and encourage them work in unison is a goal of a cooperative society. 3. Awakening of working zeal: Cooperatives also helps to invoke confidence in the minds of
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SPEARMAN’S RANK CORRELATION BY NILOY MAJUMDAR Table of Contents 1. INTRODUCTION 2. BIVARIATE DATA 3. ASSOCIATION AND CORRELATION 4. DEFINITION AND CALCULATION 5. RELATED QUANTITIES 6. INTERPRETATION 7. EXAMPLE 8. PEARSON’S PRODUCT-MOMENT CORRELATION COEFFICIENT 9. DETERMINING SIGNIFICANCE 10. CORRESPONDENCE ANALYSIS BASED ON SPEARMAN’S rho 11. REFERENCES 1. Introduction Rank correlation is used
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2013 USNews 美国大学本科商学院排名 1 University of Pennsylvania 宾夕法尼亚大学 2 Massachusetts Institute of Technology 麻省理工学院 3 University of California Berkeley 加州大学伯克利分校 3 University of Michigan Ann Arbor 密歇根大学安娜堡分校 5 New York University 纽约大学 5 University of Virginia 弗吉尼亚大学 7 Carnegie Mellon University 卡内基梅隆大学 7 the University of North Carolina at Chapel Hill 北卡罗来纳大学教堂山分校 7 University of Texas--Austin 德克萨斯大学奥斯汀分校 10 Cornell University 康奈尔大学 11 Indiana University--Bloomington 印地安纳大学伯明顿分校 11 University
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Rank Structure The rank structure can be traced back to the 1700’s. The rank structure was put into place so that the soldiers had someone that was there to give out orders; also the rank structure was there to teach the newer enlisted respect. If the rank structure was not in place‚ there would be no order or discipline in the army. The United States ARMY is the World’s strongest army. And it is all because we have order and discipline throughout all of the ranks. When we know that the person
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island of Gozo? Should water or health supplies be improved? Should an interconnector between Malta and Italy be built to generate more electricity‚ through sources located in Sicily and other regions in Europe? These are all typical questions in which Cost-Benefit Analysis plays a crucial role. If we have to decide whether to use a particular idea from another‚ there is one general rule that should always be put to practice. Should the benefits of project A ultimately exceed those of the next best alternative
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1. What problems does Nordstrom’s evaluation/compensation system have? Think about this question while considering the objectives of the Company’s evaluation/ compensation system‚ what measures it took and what happened as a result. Nordstrom’s Evaluation System and its Problems Based on my analysis‚ the Company’s compensation systems poses serious problems which are inadequate measurement of performance through sales per hour (SPH) ratio as the only Key Performance Indicator (KPI)‚ opposing
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