OPERATIONS RESEARCH INTRODUCTION Operations Research is a unique discipline‚ one of its kinds‚ best of breeds‚ employing several highly developed and advanced analytical techniques which in turn aids in effective decision making. It is often regarded as a sub-field of mathematics. Operations research (OR) are not only deeply involved with making and taking effective decisions. It is also concerned with minimizing losses‚ optimization‚ simulations‚ forecasting and predicting within an organization
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| | |Trident University Module 1 Case Assignment 1Course Number: OPM300Intro. to Operations Mgmt Professor: Dr. Nicholas BowersoxDate: 10 April 2013 | Operation management “the hard rock café” | | The Hard Rock Café has been able to not only survive the times but thrive and expand its company. From the changes in its menus to the sale of its trendy merchandise the company continues to stay at the top of the service industry. Continual improvement of its processes and sound management
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THE NESTLE STORY Nestle S.A. the present Switzerland based international food group‚ originally consisted of two companies and two products: Henri Nestle and his baby food in Vevey‚ and the Anglo-Swiss Condensed Milk company and its condensed Milk Company and its condensed milk in Cham‚ both in Switzerland. In 1866 the Page Brothers form the United States set up a new industry in Cham‚ making condensed milk from a raw material that was available in abundance in the region. In 1867 Henri Nestle a
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Source: Honda Motor Company Introduction If any operation wants to understand its strategic contribution it must answer two questions. First‚ what part is it expected to play within the business - that is‚ its role in the business? Second‚ what are its specific performance objectives? Both these issues are vital to any operation. Without an appreciation of its role within the business‚ the people who manage the operation can never be sure that they really are contributing to the long-term success
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CHAPTER Operations Strategy and Competitiveness Before studying this chapter you should know or‚ if necessary‚ review 1. 2. The role of the OM function in organizations‚ Chapter 1‚ pp. 3–4. Differences between strategic and tactical decisions‚ Chapter 1‚ 9–10. 2 LEARNING OBJECTIVES After studying this chapter you should be able to 1 2 3 4 5 6 7 8 9 Define the role of business strategy. Explain how a business strategy is developed. Explain the role of operations strategy in the organization
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of the problem‚ its significance and the scope and limitation of the operations research. Company Background Pao Pao Farms is located in San Isidro‚ Castilla in the province of Sorsogon‚ which is approximately 500 km away from Manila. The total land area of the farm is 10 hectares and mostly composed of productive coconut trees and has a natural free flowing water source located in the middle of the property. The operation of Pao Pao Farms started on March 28‚ 2008 with an initial 6‚000 heads
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Air Accidents and Investigation Procedures Air Accidents * This is an occurrence associated with the operation of an aircraft where as a result of the operation of an aircraft‚ any person (either inside or outside the aircraft) receives fatal or serious injury or any aircraft receives substantial damage. The occurrence is also not caused by the deliberate action of one or more persons and that leads to damage or injury. Types of Air Accidents * Pilot Errors - either an airplane pilot
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The Order of Operations is not one of the hardest‚ nor is it one of the easiest things that you will have to learn in Algebra and other mathematical classes. To begin in learning the Order of Operations‚ you must follow the steps‚ hence the "order" of the operation. To start off‚ the first step would be to do anything that is inside of grouping symbols ([ ]‚ ( )‚ { }). Next you would have to do powers from the left to the right (9 squared). Following the Order of Operations‚ the next phase of
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MODULE TITLE: OPERATIONS MANAGEMENT Hand in date: 6pm Thursday 10th December Alternative Assessment 2‚500 words Report question The aim of the JIT methodology may be deemed to meet demand instantaneously‚ with perfect quality and no waste’. So runs one definition of JIT. Your task is to evaluate the requirements and objectives of a JIT operation and analyse the potential benefits and drawbacks when deciding to apply the JIT methodology to the following operation: A restaurant
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Machining Operations In MACHINING‚ the shape‚ size‚ finish and accuracy are obtained by removing the excess material from the workpiece surface. Various surfaces are obtained as an interaction between a workpiece and a cutting tool with the help of a contrivance known as MACHINE TOOL. Prof. S.K. Choudhury‚ Mechanical Engineering Department‚ IIT Kanpur 1 Advantages and Disadvantages of Machining Variety of work materials can be machined. o Most frequently used to cut metals Variety of
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