Winter 2013 Master of Business Administration- MBA Semester 2 MB0048 – Operations Research - 4 Credits (Book ID: B1631) (Roll no: 1305009661) Q.1: Discuss the various stages involved in the methodology of Operations Research. Briefly explain the techniques and tools of Operations Research. Ans: The basic dominant characteristic feature of operations research is that it employs mathematical representations or models to analyse problems. This distinct approach represents an adaptation of the
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Question 1 DEFINE OPERATIONS MANAGEMENT AND DISCUSS ITS ESSENTIAL FEATURES AND THE IMPORTANCE/BENEFITS OF OPERATION PRIORITIES Introduction: Every organization is in business because it has products‚ services and in some cases a combination of the two (i.e. product and service)‚ that it offers customers as a solution to a particular need or want they have. This implies that‚ the very core business of every organization is to get these products and services readily available to customers‚ through
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Assignment 5 MBA 6400 Operation Twist “Operation Twist” is supposed to stimulate long term lending to increase home purchases by the consumers and long term assets (property‚ plants and equipment) purchases from the corporations. The FED’s hope was that this program will help boost the real estate market as more and more consumers buy 30 year mortgages with lower interest rates. On the macro economic front‚ the corporations with long term low interest rates are expected to expand their business
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Chapter 1 Operations and productivity 1. Why should one study operations management? We study OM for four reasons. We study how people organize themselves for productive enterprise. We study OM because we want to know how goods and services are produced. We study OM to understand what operations managers do. We study OM because it is such a costly part of an organization. Productivity can be measured in a variety of ways‚ such as by labor‚ capital‚ energy‚ material usage‚ and so on. At Modern
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with advancements in equipment‚ intermodal operations‚ and alliances. Adapting to change will keep the current ports layout in a position to process cargo and remain viable in cargo movement operations. Successfully adapting over the shore marine cargo movement operations during rapid globalization is vital to the sustainability of the Eastern sea board maritime fleet movement. The possible future vessel characteristics and related handling operations will put high demands upon infrastructure and
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The Order of operations Part I-Teach someone else Dear Friend‚ I’ve gotten wind of your predicament concerning things such as: The Order of Operations‚ what they are‚ and all of their facets‚ among a few other things. I believe I can help you out with this‚ and took the liberty of explaining a few things concerning the aspects of the Order of Operations in the following parts of this letter. A) What Operation Symbols Do You Know ? The Operation Symbols that are needed for a person to
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and effectiveness of operations and increasing customers’ satisfaction‚ as shown in Figure 1. Operational Audit Corrective actions by the management Increase customer satisfaction 10. Follow up - How to conduct Operational Audit? to increase Enable management to identify ways operational control. 1. Select procedures or departments whose operations are to be audited 2. Determine audit objectives 3. Select the audit team and determine the schedule 4. Define the operations to be audited 5. Determine
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BOILER OPERATION. Description of boiler operation SOFTENER: Function of softener is softening the hard water. This is because water supplied is hard water since it contains a lot of calcium‚ magnesium or other minerals. Water hardness Mg/L Soft water ≤ 17.1 mg/L Grey zone between soft and slightly hard water 17.1-60 mg/L Moderately hard 60-120 mg/L hard water 120 - 180 mg/L Very hard water ≥180 mg/L Hard water causes two problems such as 1. Dissolved calcium and magnesium
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Sunderland Business School Level: M Module: Operations Management Module Code: PGBM03 Module Leader: Tom Cuthbertson Issue Date: 26th July 2011 Return Date: 16th August 2011 Contribution to Module Assessment 100% This is an individual assignment. Work submitted must adhere to the University policy on Cheating‚ Collusion and Plagiarism. Introduction If Marketing’s function is to identify the needs of customers‚ then it is Operations Management which has the role of providing the
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Operation anaconda was US operation against the Taliban. The operation took place in the Shahi-Kot Valley and Arma Mountains southeast of Zormat. This operation was the first large-scale battle in the United States War in Afghanistan since the Battle of Tora Bora in December 2001. The operation consisted of 1‚700 airlifted U.S. troops and 1‚000 pro-government Afghan militia battled between 300 too 1‚000 al-Qaeda and Taliban fighters to obtain control of the valley. The Taliban and al-Qaida forces
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