INTRODUCTION TO OPERATIONS MANAGEMENT Spring 2012-ASSIGNMENT # 1 Name 1: --------------------------------------------------- ID # ------------------------------------------------ Name 2: --------------------------------------------------- ID # ------------------------------------------------ Question # 1 [15 Marks] Bob Richards‚ the production manager of Zychol Chemicals‚ is preparing his quarterly report‚ which is to include a productivity analysis for his department. One of the inputs
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SenseAware information service unveiled by FedEx TELECOMWORLDWIRE-17 November 2009-SenseAware information service unveiled by FedEx(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com Transportation‚ e-commerce and business services provider FedEx Corp (NYSE:FDX) announced on Tuesday the introduction of SenseAware powered by FedEx‚ a next generation information service that combines a GPS sensor device and a web-based collaboration platform. According to the company‚ the solution‚ developed by the
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degree to which an operation fulfils the five performance objectives at any point in time‚ in order to satisfy its customers. A polar diagram can be used to see how well the 5 dimensions of performance of the operation meet requirements of the market. It is unlikely that for any operation a single measure of performance will adequately reflect the whole of a performance objective. Usually operations have to collect a whole bundle of partial measures of performance. What factors to include as performance
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profits span over $ 82.559bn and $15.818bn in operating income according to P&G 2011 annual report. As such a big International consumer product manufacturer‚ P&G encounters a lot of problem solving in their everyday activities like: innovation‚ operation management‚ marketing and many others. Innovation department is one of their most prosperous departments and can currently be an example to their competitors and other developing market players. That’s why the main goal of this case is to show the path
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and certified by the ministry of health. b) Order winners Once the foods hygiene and safety requirements have been satisfied‚ other top performance dimensions such as “customer care‚ selling price and volume flexibility” would be chosen to determine what kind of products customers would instantly purchase from the company rather than competitors. 1.4 Three main operational processes a) Input: gum base‚ sweeteners‚ softeners‚ flavorings (majorly mint) & colorings and preservatives. b) Transferring:
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Nature and Scope of Operations Management Operations management is often used along with production management in literature on the subject. It is therefore‚ useful to understand the nature of operations management .Operations management is understood as the process whereby resources or inputs are converted into more useful products .A second reading of the sentence reveals that‚ there is hardly any difference between the terms produ7ction management and operations management .But‚ there are a least
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E-commerce Electronic Commerce or e-commerce is running business by using the internet to conduct commercial transaction that involves the transfer of information between corporations. Also‚ it is the part of E-business that deals with a trading in products and services between organization and individual. It is currently one of the most important aspects of the Internet to emerge. Types of E-commerce E-commerce can be divided into five main categories; 1. B2B or Business-to-Business e-commerce
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Operation management week 3-2 1. what is the reason for formulating and implementing an operation and supply chain strategy? The implementation of an operations and supply chain strategy is necessary for an organization in order to provide a clear vision of the value they will provide to the customer. The strategy should detail the competitive advantage the organization seeks to obtain and deliver. To develop a successful strategy‚ the organization must understand the values held by the customer
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Ans : Recent trends in Operations Management:- 1. CAD/CAM- CAD/CAM stands for Computer-aided design and Computer-aided manufacturing. It is used in product development to enable manufacturers to design and build their products using computers. The technology that has been developing since the first interactive graphics was developed at MIT in early 1970s. CAD uses computer graphics and software to enable engineers to do most of design activities needed to complete engineering design that include
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Introduction: Operation Management: Operations Management activities are at the core of all business organizations. Main Tenets of Operation Management: * Facility Management * Capacity Planning * Forecasting * Quality Management * Inventory Management * Resource Management Sodexho Dinning Services: Sodexho‚ Inc. is the leading provider of integrated food and facilities management services in the U.S.‚ Canada‚ and Mexico‚ serving 10 million customers in 6‚000 locations
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