predictable flow‚ highest volume‚ and lowest variety. Example: water processing‚ petrochemical refineries Professional Services High contact processes‚ high customer contact and involvement‚ high level of customization‚ often people based. Example: Management consultants‚ doctors‚ lawyers Services Shops Mix of front and back-office services‚ differing levels of volume and variety. Example: Banks‚ hotels‚ schools‚ restaurants Mass Services High amount of throughput‚ limited customer contact‚ little
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ARTICLE CRITIQUE The influence of work-cells and facility layout on the manufacturing efficiency‚ Journal of Facilities Management. 1. Introduction This purpose of this paper is to critique the article ‘The influence of work-cells and facility layout on the manufacturing efficiency’ written by SeyedMahmoud Aghazadeh‚ Saeedreza Hafeznezami‚ Lotfollah Najjar and Ziaul Huq. This paper will first summaries the article. Secondly‚ it will briefly critique the article. Thirdly is the conclusion
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COST DEFINITIONS Fixed Cost – expenses that remain constant over a wide range of output volumes Variable Costs – expenses that vary proportionately with changes in output. Sunk Costs – expenses already incurred that have no salvage value Opportunity Costs – profits lost when one alternative is chosen over another that would have provided greater financial benefits. Avoidable Costs – expenses resulting from poor productivity incurred if an investment is not made. Out-of-Pocket Costs – actual
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should consider a centralized materials management system to study‚ calculate and make the decisions on what will be bought for each of the 4 dealerships instead of allowing each dealer to do this on their own. By buying their parts in a higher volume (one central order for all four dealerships) they can negotiate a better price. This would facilitate greater leveraging with suppliers for consistent quality-control. ❖ An EDI inventory management system that interconnects the main shop
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|Midterm Example Test v2 | | 1. A manufacturing firm is considering three alternatives for automation. They anticipate annual production volume to be 75‚000 units. The costs for each alternative are as shown: | |Alternative | | |1 |2 |3 | |Annual Fixed Costs |60‚000 |$180‚000 |$300‚000 | |Variable Cost/Unit |$0.65 |$0
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Department of ELECTRONICS & TELECOMMUNICATION G.S.MOZE COLLEGE OF ENGINEERING‚ BALEWADI‚ PUNE – 411045 2011-2012 A SEMINAR REPORT ON RFID BASED SMART TROLLEY FOR MALLS PRESENTED BY: 1. PRIYA BHAT (Roll No. 61) 2. SONAWANE BHAGYASHRI (Roll No. 71) 3. SANDHYA VIJAYAN (Roll No. 73) UNDER THE GUIDANCE OF: PROF. Mr. RAGHVENDRA A. KATAP CONTENTS TOPIC PAGE NO. 1. PROJECT ABSTRACT ...........…………….............................
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1.0 INTRODUCTION Operations management is defined as “the activity of managing the resources which produce and deliver products and services” (Slack et al. 2010 p4). This encompasses the entire activity carried out within the organization. With increasing pressure on organizations to deliver optimally at reduced cost‚ the role of operations has been transformed from that of strategy implementer to one of strategy driver. Operations strategy looks at the patterns of strategic decisions and actions
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INTRODUCTION Smart card is one of the greatest achievements in the world of information technology. Similar in size to today ’s plastic payment card‚ the smart card has a microprocessor or memory chip embedded in it that‚ when coupled with a reader‚ has the processing power to serve many different applications. As an access-control device‚ smart cards can be used to access server remotely over the Internet and they can make personal and business data available only to the appropriate users. Smart cards
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Smart devices. The first small phone was designed by IBM in 1992 and was called the Simon. It was displayed as a concept product that year at ODMEX expo. The phone was released for public in 1993 and marketed by a company named ‘Bellsouth’. As a smart device apart from being a mobile phone‚ it had calendar‚ address book‚ world clock‚ and calculator‚ address book entries‚ email‚ send and receive FAX and started the gaming revolution on phone. The most importatnt and attractive feature of that
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Format of the System Requirement Specification (SRS) 1. Introduction 1.1 1.2 1.3 1.4 1.5 1.6 1.7 Purpose of SRS Methodology used Terms of Reference Structure of this document Definitions and acronyms Key persons involved List of persons with designation and Offices‚ from the clients end‚ involved in the development of Software Important Dates Dates of Delivery‚ phase deliveries‚ tests‚ etc 2. Overview of Requirements (for each system) 2.1 Technical Rationale 2.1.1 Problems
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