Master of Business Administration - MBA Semester 2 MB0044 – Productions & Operations Management Assignment Set- 1 Q.1. What do you understand by Vendor-Managed Inventory (VMI)? Ans: Some firms have successfully improved their supply chain performance by implementing an approach known as Vendor Managed Inventory (VMI). With VMI the vendor specified delivery quantities sent to customers through the distribution channel using data obtained from EDI. Vendor Managed Inventory (VMI)
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ASSIGNMENT DRIVE PROGRAM SEMESTER SUBJECT CODE & NAME BK ID CREDIT & MARKS Q.No 1 A 2 A 3 A SUMMER 2014 MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2 II MB0044 - PRODUCTION AND OPERATION MANAGEMENT B1627 4 CREDITS‚ 60 MARKS Criteria Marks Explain the four basic varieties of layouts for manufacturing facilities. Description of each basic type of layout 10 (2.5 marks each) Total Marks 10 The major decision areas in supply chain management have both strategic and operational
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RAGUNATHAN -‐ BUSINESS STUDY GUIDE 1 Section 1.1 Factors of Production • CELL o Capital -‐ To make their goods or to provide their services‚ firms need to invest money in machinery‚ buildings‚ vehicles and other major resources o Entrepreneurs – The entrepreneur owns the business and is prepared
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PRINCIPLES OF MANAGEMENT REVIEW MATERIAL # RM2014-001 BUSINESS – is any activity involved in the production and distribution of goods and services‚ aimed to meet the economic needs of consumers with an objective of eventually earning profit. ELEMENTS OF A BUSINESS SYSTEM Economics is the study of how society produces and distributes its desired goods and services. It deals how the society uses its resources to produce goods and services. These economic resources to produce are called
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Please go through the following instructions before answering the questions:- 1. Answer the questions in their proper chronological order. 2. Questions need to be answered on full-scap A4 size papers and filed subject-wise 3. Answers have to be handwritten and by the person who has enrolled for the course. 4. Use blue / black ink for writing the answer sheets 5. Each page of the answer sheet has to be signed by the candidate. 6. Answer sheets along with question papers should
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Essays » Business & Economy By chintesh‚ January 2012 | 2 Pages (301 Words) | 310 Views | Report | This is a Premium essay for upgraded members Upgrade to access full essay Pre Qualification Notice E-Mail : ZO.Kolkata @ bankofindia.co.in Ref. No. : ZO:EST:JKD: 001536 Dated: 26. 03. 2010. ESTATE & SERVICES DEPARTMENT 5‚ B. T. M. SARANI‚ KOLKATA – 700 001 Phone Number 2248-6573 BANK OF INDIA KOLKATA ZONE Proposed Repair/Renovation and Face lifting of Bank’s Office Building at 5. B. T. M. Sarani
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1. What are business ethics? Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individual”s actions also apply to business. Acting in an ethical way involves distinguishing between “right” and “wrong” and then making the “right” choice. It is relatively easy to identify unethical business practices. For example‚ companies should not use child labour. They should not unlawfully use copyrighted materials and processes. They should
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1. BPM and Strategy According to the overview of Tim’s Dynometers Pty Ltd‚ it shows the decline of profits from 2009 to 2010. It is due to the wrong track management and Tim should implement the alternative method which is Business Process Management (BPM). BPM has been widely recognized by many companies (Rhee‚ Cho& Bae 2010) and Chib and Cheong (2009)said that the companies running business with BPM approach are more likely to be successful up to 90%. Fortunately‚ it is not difficult
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MBA(EXEECUTIVE/RETAIL) II SEMESTER BUSINESS ENVIRONMENT ASSIGNMENT-I 1 Discuss how does the environment acts as a stimulant to business. Analyse why business often does little for physical environment preservation despite the fact that it is significant for business activity. 2. Analyse the Monetary and Fiscal Policies practiced in India in recent years.How far shall they be effective in curtailing the recent spurt in inflation? 3. How far does Indian corporate discharge
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NAME : RENEE WONG LI JING STUDENT ID : 1124819 COURSE : DIPLOMA IN CORPORATE ADMINISTRATION (DCA) SUBJECT : BUSINESS ORGANIZATION MANAGEMENT LECTURER : MR. JULIAN Page 1 A) Nature of Business‚ Origins Introduction Walmart was founded in 1962 by Mr. Sam Walton. It is an American multinational retailer corporation‚ run large department stores and warehouse stores. It is the largest retailer and biggest private employer in the world with over 2 million
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