VARIOUS WASTES IN MANUFACTURING ORGANIZATION To get a world-class company it is fundamental to eliminate and avoid any waste (muda) in manufacturing and also service processes. Waste is any activity or process that adds cost but adds no value (for the customer). Up to 80% of the work that goes on in any organisation is adding no value to your customers Muda = waste (in its many forms) Muda (is a Japanese word meaning "futility; uselessness; idleness; superfluity; waste; wastage; wastefulness"
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Chapter One HRM: Theoretical Framework Human resource is an increasingly broadening term that refers to managing human capital‚ the people of an organization. The field has moved from a traditionally administrative function to a strategic one that recognizes the link between talented and engaged people and organizational success. The field draws upon concepts developed in industrial/organizational psychology and system theory. Human resource has at least two related interpretations depending
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Bodie‚ Kane‚ Marcus‚ Perrakis and Ryan‚ Chapter 7 Answers to Selected Problems 1. What is the beta of a portfolio with E[rp ] = 18 percent‚ if rf = 6 percent and E[rM ] = 14 percent? Answer: Using the CAPM equilibrium condition‚ E[rp ] = rf + βp E[rM ] − rf ⇒ βp = E[rp ] − rf .18 − .06 = 1.5 . = E[rM ] − rf .14 − .06 2. The market price of a security is $50. Its expected return is 14 percent. The risk-free rate is 6 percent and the market risk premium is 8.5 percent. What will be the market
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most enzymes have an optimum pH range of approximately 7. If the pH falls to either side of 7 it can impair or destroy the function and structure of the enzyme. According to the company ‘Patient Storm’ a new invention has discovered a method to stabilise an enzyme during freezing providing the enzyme in a zwitteronic buffer solution. A zwitterionic composition is useful as a surface active agent in aqueous solutions. The buffer solution has the capacity to stabilise an enzyme‚ such as glocuse
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Organizational Factors: The Role of Ethical Culture and Relationships (Chapter 7) Differential association refers to the idea that people learn ethical or unethical behavior while interacting with others who are part of their role-sets or belong to other intimate personal groups. Whistle-blowing Whistle-blowing means exposing an employer’s wrongdoing to outsiders (external to the company) such as the media or government regulatory agencies. The term whistle-blowing is also used for internal reporting
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UNITS‚ PHYSICAL QUANTITIES AND VECTORS 1 1.1. IDENTIFY: Convert units from mi to km and from km to ft. SET UP: 1 in. = 2.54 cm ‚ 1 km = 1000 m ‚ 12 in. = 1 ft ‚ 1 mi = 5280 ft . ⎛ 5280 ft ⎞⎛ 12 in. ⎞⎛ 2.54 cm ⎞⎛ 1 m ⎞⎛ 1 km ⎞ EXECUTE: (a) 1.00 mi = (1.00 mi) ⎜ ⎟⎜ ⎟⎜ ⎟⎜ 2 ⎟⎜ 3 ⎟ = 1.61 km ⎝ 1 mi ⎠⎝ 1 ft ⎠⎝ 1 in. ⎠⎝ 10 cm ⎠⎝ 10 m ⎠ 1.2. ⎛ 103 m ⎞⎛ 102 cm ⎞ ⎛ 1 in. ⎞⎛ 1 ft ⎞ 3 (b) 1.00 km = (1.00 km) ⎜ ⎟⎜ ⎟⎜ ⎟⎜ ⎟ = 3.28 × 10 ft 1 km ⎠⎝ 1 m ⎠ ⎝ 2.54 cm ⎠⎝ 12 in. ⎠ ⎝ EVALUATE: A mile is
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Delhi WAC Assignment Nitish@Solutions Unlimited Submitted by: 13PGDMHR09 PGDMHR Executive summery Nitesh is knowledgeable person‚ his work is always appreciated by the managements‚ he is a product of IIT and XLRI with rebust experience in finance and IT. He is looking after a career growth and for that he joined solution unlimited on advice of his two friends Arvind and Vidya. After joining he had some serious issues with the HR department. As a solution it is recommended he should take
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Running head: SUSTAINABLE SOLUTIONS 1 Sustainable Solutions Paper Katherine Kem DBA Strategy Dr. Robert Hockin‚ Instructor February 21‚ 2010 Running head: SUSTAINABLE SOLUTIONS Sustainable Solutions Paper Walmart has some of the best supply chain methods in the market‚ and is working to become an industry leader in sustainability. Despite this‚ there is much criticism of this ‘giant’‚ and an in-depth look of their organization from a sustainable lens will review their successes‚ failures
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CHAPTER 2 How to Calculate Present Values Answers to Problem Sets 1. If the discount factor is .507‚ then .507 x 1.126 = $1. Est time: 01-05 2. DF x 139 = 125. Therefore‚ DF =125/139 = .899. Est time: 01-05 3. PV = 374/(1.09)9 = 172.20. Est time: 01-05 4. PV = 432/1.15 + 137/(1.152) + 797/(1.153) = 376 + 104 + 524 = $1‚003. Est time: 01-05 5. FV = 100 x 1.158 = $305.90. Est time: 01-05 6. NPV = −1‚548 + 138/.09 = −14.67 (cost today plus the present value of the perpetuity)
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Workshop Five-Ethical Solutions Paper Jackie Marshall June 19‚ 2013 Workshop Five-Ethical Solutions Paper The owner of a company reduced wages by 5% for all employees in 2010 due to the aftereffects of 9/11: an action that was necessary in order to save the company from financial ruin during a very turbulent economy. Since that time‚ no one within the organization has gotten a raise. However‚ the business has now stabilized‚ showing a net profit for the fourth quarter of 2011‚ all of
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