MGMT 610- OPERATIONS MANAGEMENT 1. What are the differences between job-enlargement‚ job-enrichment‚ and job-rotation? Discuss the benefits of using each of these. Job design is an approach that specifies the tasks that constitute a job for an individual or a group. There are seven components of job design‚ and JOB expansion is one of them. It includes: • Job enlargement: We add tasks requiring similar skill to an existent job. You are using the same skills‚ but the tasks are different
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BSOP 434 Homework Solutions for week 1 CHAPTER 1: LOGISTICS AND THE SUPPLY CHAIN 2. Distinguish between possession‚ form‚ time‚ and place utility. Possession utility refers to the value or usefulness that comes from a customer being able to take possession of a product and can be influenced by the relevant payment terms. Form utility refers to a product’s being in a form that (1) can be used by the customer and (2) is of value to the customer. Time utility refers to having products
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1. Describe how Purchasing interacts with other functional areas of the company. The strategic role of purchasing is to perform source-related activities in a way that supports the overall objectives of a business. It can make many contributions to the success of that organization through its key role as one of the organizations’ boundary-spanning functions. Purchasing can gain important information about new technologies‚ potential new materials or services‚ new source of supply‚ and changes
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Inventory Management System (CASE STUDY OF VIJANAA PAMOJA COMPANY) GITHINJI D. GATHERU ADM NO: BIT-0-6549-1/2011 Research Proposal submitted to Kenya Methodist University in Partial fulfillment of the requirements for the award of a Diploma in Business Information Technology. . November‚ 2012 DECLARATION This Research Proposal‚ which is my original work‚ has not been presented in any other University .No part of this Research
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References: Atkinson‚ C. (2005). Inventory Management Review. Retrieved Nov 14‚ 2010 from https://www.inventorymanagementreview.org/justintime/ Beard‚ L.‚ & Butler‚ S. (2000). Introducing JIT Manufacturing: It ’s Easier Than You Think. Business Horizons‚ 43(5)‚ 61. Retrieved Nov 14‚ 2010‚ from Business Source Complete database. BusinessDictionary.com. (2010). Periodic Inventory Method. Retrieved from http://www.businessdictionary.com/definition/periodic-inventory-method
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to nonmanufacturing environments‚ they are now being applied to service operations in manufacturing firms and pure service firms (Duclos et al.‚ 1995; Swank‚ 2003). This report introduces the concept of lean and its similarity to the ‘just-in-time’ (JIT) philosophy. It further analyses a ’service’ by evaluating its characteristics while stating the lean principles and relating its applicability and how it can be used effectively in service sector firms. It concludes based on journal evidences that
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consumer goods industry‚ we will focus on Just In Time (JIT) for fresh food (especially vegetables) in PAKRnSHOP’s supply chain strategic. Considering the safety of vegetables‚ PARKnSHOP use a comprehensive “Farm Check” System and set up the first Food Safety Centre to focus on fresh good safety standards. Moreover‚ since vegetables is a short lift cycle and fast moving goods‚ it is most important to apply JIT for vegetables. When JIT is applied‚ it can be avoided the wastage and save cost
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Improving the efficiency of Japanese-American Seating Inc. Students: Shi SU (Roy) 2807992 Azam Hayat Bosan 2879742 Jiale Chen (Carlos) 2804167 Subject: International Business - Cross Cultural Management – 7928IBA Date: 24th April 2013 Word Count: Executive summary – 242words Report – 3246words Executive Summary In 1987‚ Banting Seat Corporation and Kasai formed a 35-65 joint venture‚ Japanese-American Seating Inc.
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and Lee (1989) have compared the relative efficacy of push and pull approaches for production. INTRODUCTION Just-in-time (JIT) is an inventory strategy that strives to improve a business ’s return on investment by reducing in-process inventory and associated carrying costs. Just In Time production method is also called the Toyota Production System. To meet JIT objectives‚ the process relies on signals or Kanban ‚between different points in the process‚
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INVENTORY MANAGEMENT (JIT AND BLACKFLUSH COSTING) Inventory Management includes planning‚ coordination‚ and controlling the flow of inventory into‚ through‚ and out of company. There are 5 categories of cost that are associated with goods sold: 1. Purhcasing costs: the cost of goods from supplier and freight 2. Ordering costs: the cost of preparing purchase orders‚ receiving and checking the goods‚ matching invoices received‚ purchase orders and delivery notes to make payments 3. Storage cost:
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