Operations Management II Assignment 2 Total (115) Marks Weightage 15% |Q1 |Q2 |Q3 |Q4 | |Milling |1 |3 |2259.72 | |Painting |2 |2 |3756.92 | |Riveting‚ inserting studs |2 |1 |712
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inventory holding costs. Therefore‚ quantitative and qualitative analysis needs to be done to check the feasibility of having a common National Distribution Centre (NDC) or combining the demand of certain regions or products to have an optimized solution to minimize the total cost by trading off the increased distribution cost and warehouse cost with reduced inventory holding cost Calculating the annual inventory and distribution cost of the current distribution system: In the current system
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According to food truck experts‚ one of the most overlooked‚ yet potentially very successful locations for food trucks is college campuses. Whether you attended college or not‚ you can imagine that college students become very tired of the food served in their dining halls (if they have one) and are always looking for fast‚ yet delicious‚ foods to munch on between classes. If you are currently running a food truck that could use a little boost in profits or are in the planning stage of opening your
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based & not forced upon. HurryDate in particular uses short date (only 3 minutes)‚ virtual team‚ and training‚ performance evaluation of hosts to provide quality service. Its decentralized operations through hosts and centralized database are strategies to manage operations. This eliminates the need of fixed cost1. And subsequently they don’t have to rely more on credit. This coupled with media exposure‚ growing age group‚ sufficient site functionality‚ well organized events (leading to word-of-mouth)
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1) What caused the existing system at ETO to fail? This system was based on the assumption that direct costs and overhead are consumed in the same proportion for all product testing. However‚ this is not the case and therefore the system failed. For example‚ due to the implementation of the vendor certification and the just-in-time delivery‚ some products are already tested and do not need any further tests‚ and ETO faces a decreasing number of the tests performed. On the other hand‚ new components
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From The Back of a Cattle Truck to The Person I Am Today It was the start of another blazing hot summer in Oklahoma. When you think of a hot day‚ you think of sweat dripping down your forehead and the sun beating down on your face. This was a new level of hot. The kind of where you can see steam coming up off the asphalt. If this hot was any indication of hell‚ I should probably go to church. Standing in the back of a dark‚ musky‚ cramped cattle truck in the heat of the day with thirty other young
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Q. What are the unique features of Shouldice’s services‚ as compared to that of a typical hospital? A. The hospital focused on this new procedure for treatment of external types of abdominal hernias. Some differentiating features of the Shouldice process were the arranging of abdominal muscles into three distinct layers‚ reinforcing the abdominal wall with six rows of sutures and did not involve any insertion of screen and mesh under the skin. Beyond the surgical procedure‚ it was the service
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Fleet Truck Maintenance Database for Huffman Trucking Entities and Attributes Summary When using a database‚ the most important step is knowing how to use the table elements. The table defines the structure of the database based on its entities and Attributes. The entity is the object being stored and the Attributes describe information about the entity and its reason being documented. When using this table‚ one needs to first know how to access the database‚ table and
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Case 1 | Warren Buffet | Group 7 | According to the case‚ there are stock price changes for Berkshire Hathaway and Scottish Power plc on the day of the acquisition announcement. Also‚ the bid price for PacifiCorp is $9.4 billion. After knowing this announcement‚ Berkshire Hathaway’s Class A shares price went up and make them gained in market value $2.17 billion. In Berkshire and other investors’ point of view‚ After Berkshire takeover PacifiCorp‚ it might have a good development and future
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KRISTEN’S COOKIE CASE FOR DR. JUN-YEON LEE MGMT 6355 FALL 2010 BY: AMIN DADWANI KRISTEN’S COOKIE COMPANY INTRODUCTION: A couple of students‚ roommates‚ planned to launch a cookie company in there on campus apartment. The purpose was to serve freshly baked cookies to hungry students late night by taking orders online. They needed following equipments and ingredients in process of making Cookies: - 1-Equipment: - Oven‚ Food processor‚ Cooking tray‚ Spoons. 2-Ingredient:
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