MGMT 405 Operations and Production Management Answer set 2 (Reference chapter 2 – William J. Stevenson-2007‚ ninth edition) Problems and Solutions 1. Suppose that a company produced 300 standard bookcases last week using eight workers and produced 240 standard bookcases this week using six workers. In which was productivity higher? Explain. Ans: Productivitylast week = standard bookcases produced as output / labor= 300/8= 37.8 sbc/worker Productivity this week = standard bookcases produced
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Engineering Management • MSc‚ Industrial Engineering • PhD‚ Industrial & Systems Engineering Contact Information – Tel: 2859-2587 – Email: klor@hku.hk – Office hour: By appointment 2 Course syllabus 3 About my teaching and class • Teaching is about sharing knowledge and facilitating learning • Rote learning is not encouraged • My style – Participation … there are no right and wrong answers; letting you know the fact and evidence – Ask questions‚ challenging me is okay! 4 My goals for
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the entire plant to one order at a time. The economies of scale would disappear. Our costs would go well‚ they’d be even worse than they are now. We can’t run the plant just by the seat- of-the-pants.” Lou: His performance measure is whether the operation makes money. In order to evaluate the profitability‚ he thinks that net profit‚ return on investment and cash flow should be used as measurements. Bob Donovan: His performance measure is to finish everything that needs to be done in time and complete
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THE BOOK OF ELI MOVIE REVIEW The Book of Eli is a film directed by Hughes Brothers‚ Allan and Allen Hughes‚ the story was written by Gary Whitta. It was released on March 17‚ 2010 in the Philippines. The main characters were Denzel Washington as Eli‚ Gary Oldman as Carnegie‚ Jennifer Beals as Claudia and Mila Kunis as Solara. Denzel Washingtons acting was good enough‚ he portrays a man with a real personality of Eli in the story. A man who has strength to fight and survives all by
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Product Design The products that will be made out of the given components are corrective lenses for eyeglasses. The product will have the following features: a. Corrects near-sightedness or far-sightedness‚ whichever may be the case‚ through varying curvatures of the lenses‚ for different grades b. May be rectangular or circular in overall shape c. Around 1.5 inches in length‚ 1 inch in width d. Clear and transparent‚ not dark Considering that the finished goods (lenses) are very
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http://fp05-527.web.dircon.net/ikea_company_profile.html Profile: ikea IKEA is the world’s most successful mass-market retailer‚ selling Scandinavian-style home furnishings and other house goods in 230 stores in 33 countries and hosting 410 million shoppers per year. An acronym for founder Ingvar Kamprad and his boyhood home of Elmtaryd‚ Agunnaryd‚ IKEA began operating in Sweden in 1943 and continues its original ethos based upon cost obsession fused with design culture. No design‚ no matter
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Thiago DeSouza Homework Assignment 1 ISOM 319: Operations Management Problem 1: 1. Input: Warehouse worker(s)‚ package item(s)‚ transportation vehicle‚ transportation pilots/drivers‚ and information for best method of travel. Transformation: Care for package(s)‚ maintain client(s) informed‚ and transport package(s). Output: Transported package(s) and correct location and time of arrival. 2. Input: Idea development‚ financial backing‚ engineers‚ blueprint(s) design‚ prototype(s) creation‚ and
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Introduction: Now a days Garments sector is one of the most demandable industries in the world. Most of the countries are related now in Garments sector including Bangladesh. And Bangladesh is competing with others in the world market. There are lots of companies established in Bangladesh for Exporting the Garments products. The Mostafa Garments Industries Ltd. Is one of the Leading company in Bangladesh. They Export there products in America‚ EU countries‚ Japan and Chaina Market. They supply
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Title: The Book of Eli Director: The Hughes Brothers Genre: (Film) Action‚ Adventure‚ Drama‚ Dystopian‚ Post-Apocalyptic How is the idea of Dystopia presented in the text? In the Book of Eli‚ the world is in disarray. It has no government‚ leadership‚ poverty‚ hunger‚ weak townships‚ or none at all‚ and violence. The ideas of dystopia are presented through visual techniques in the film. The dull‚ barren scenery and settings‚ paired with the dodgy characters helps to portray an effect of dystopia
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Book Summary "The Goal" Processes and Operations Key Idea The main message of the book is that the proper way to manage any operation‚ whether it’s a manufacturing plant or a web design shop or a clothing store‚ is to: 1) Identify what needs to be changed. 2) Identify what it should be changed to. 3) Identify how to execute the change. Summary This story is based around the life of Alex Rogo‚ Plant Manager for Uniware‚ which is a division of Unico. After some very upsetting customer approaches
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