This exam is to be completed as an individual assignment. Each question is from a corresponding chapter. For example, question 1 is from Chapter 1 and so on. Write 2-3 paragraphs for each of the four questions you choose to answer. In addition to your textbook, you should use and cite at least one other credible source and/or case study for each of the four questions you answer.…
Read the Specialty Contractors case (download) and submit your analysis of the exercise - i.e., identify which activities should be crashed and by how much time, what is the cost of doing this and how soon can the project be completed. (Hint: Use the greedy algorithm taught in class even though it is not guaranteed to always find the optimal solution.) [Please submit your assignment as an attachment.]…
Yes there is, scholars agree that supply chain for service is more complex and difficult for manufacturing than services due to the fact that flow of physical goods and services focuses on human resources capabilities, ethics. Sales are intangibles in the service industry and decision are making at the one site as opposed to different location as it happens in the manufacturing industry. The behavior of humans regardless of how much training an employee is given, the outcomes is unique by each individual delivering the service. Therefore, human touch is what makes service In addition; the focus of efficiencies in service supply chains is on management of capacity, flexibility of…
Operation management is defined as the design, operation, and improvement of the systems that create and deliver the firm’s primary products and services. Somerset furniture company’s global supply chain was getting lose its competitive edge and even faced shipments delayed by as much as 40%. The company prides itself on customer service and fears that late deliveries to its customers would harm its credibility and result in lost customers and excessive inventories.…
Supply chain management is the coordination of the processes and functions within a business, adopted by most companies in the UK in the late 1990’s. It deals with the internal and external factors that, when dealt with correctly and systematically, can determine a businesses success or failure. A supply chain is the network of activities that delivers a finished product service to the customer. By definition, supply chain management (SCM) is “the management of the flows of materials from suppliers to customers in order to reduce overall cost and increase responsiveness to the customers” (Reid & Sanders). SCM entails the co-ordination of the movement of good through the supply chain from suppliers to manufacturers to distributors to the final customer. The main aim of SCM is to maximise the efficiency of any given process being carried out by a company; by doing this it is allowing them to try to cut their costs and hopefully keep satisfying their customers’ needs, while at the same time maintaining their competitive position within their market. Supply chain management is seen as more of an “open system” in contrast to the traditional system used by the majority of companies just 20 years ago. The new “open system” allows room for change which is greatly needed with the current financial instability of the economy.…
There are many performance indicators for the success of a business. This include brand identity, reputation, innovation, leadership, productivity, process management, customer satisfaction, and quality to name a few.…
What is the t otal a nnual o rder a nd i nventoryholding costs for the EOQ?…
manufacturing company in Ghana as a case study. The main objective of the study was to assess the impact of…
a. The average number of SUVs parked = 50cars × (1 – 60%) = 20cars…
Find out the probability of four or more students being in line or being served…
5. Which of the following does not come under the process category of decision making?…
1. What recommendations would you make to John Wolf with respect to structuring the supplier relationship process for the Wolf Motors dealership network?…
The paper concentrates on studying operation management of ‘New Zealand Natural Ice Cream’in terms of its demand forecasting and inventory management strategies. The purpose is to improve the efficiency of the operation network. For doing so, qualitative data are researched and analyzed to reflect the current operation of the shop. Then, various demand forecasting, based on quantitative data, would be conducted to find out the optimal solutions for improving operational efficiency.…
Piotrowski, J. April 2, 2001. Pro-Active Maintenance for Pumps, Archives, February 2001, PumpZone.com [Report online]. Available URL: http://www.pump-zone.com. Reprinted with permission of…
[pic] School of Technology |Guidelines for Practical Training in Industry |18th February to 26th April | | | | | |2013 | | | | Prepared by Industrial Training Committee, School of Technology, Tunku Abdul Rahman College. Table of Contents 1 Introduction 3 1.1 Objectives 3 1.2 Anticipated Learning Outcomes 3 1.3 Industrial Training Committee 4 2 Duration & Period of Industrial Training 6 3 Pre-Requisite 6 4 Application Procedures of Industrial Training Placement 7 5 Student’s Codes of Conduct during Industrial Training Application 8 5.1 Companies for Industrial Training 8 5.2 Allowances for Industrial Training 8 6 Confirmation of Industrial Training Placement 8 7 Student’s Codes of Conduct during Industrial Training 9 7.1 Observance of Rules & Regulations 9 7.2 Attendance 9 7.3 Leave Application for College Examination 10 7.4 Insurance Coverage & Claim Procedures 10 7.5 Disciplinary Action by the College 11 8 Academic Supervisor’s Industrial Training Site Visit 12 9 Reports for Industrial Training 12 9.1 Reports by Industrial Training Supervisor 12 9.1.1 Report on Trainee’s Attendance 12 9.1.2 Confidential Report on Trainee 12 9.2 Reports by Students 13 9.2.1 Industrial Training Diary 13 9.2.2 Guidelines to Prepare Industrial Training Diary 13 9.2.3 Industrial Training Report 16 9.2.4 Guidelines to Prepare Industrial Training Report 16 10 Assessment of the Industrial Training 19 11 Problems Enquiry…