[pic] Course: Advance diploma in Business Management Module: Production & Operations Management Date:2013.08.06 Name of lecturer: Daniel Chew The following examples show different products and services working by different model to achieve different customers’ satisfactions. Two products examples and two service examples will be included. Product 1: 5Ps Framework of O.M. is used in the electronic devices company‚ Apple. Apple: Apple Computer‚ Inc.‚ is a famous
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Being in the right location is a key ingredient in a business ’s success. If a company selects the wrong location‚ it may have adequate access to customers‚ workers‚ transportation‚ materials‚ and so on. Consequently‚ location often plays a significant role in a company ’s profit and overall success. A location strategy is a plan for obtaining the optimal location for a company by identifying company needs and objectives‚ and searching for locations with offerings that are compatible with these needs
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of the case and key problems (10 points) The case is about the process fruit operations of a receiving plant 1(RP1) at National Cranberry Cooperative (NCC). The NCC was an organization formed and owned by growers of cranberries to sell and market their products. The farmers bring their cranberries to the cooperative directly from their farms in leased trucks and get returns for their product from the cooperative. Over the years a trend was witnessed‚ the share of water harvested cranberries increased
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Process Analysis - CBC Projection of the peak demand during the season Projection of demand for processing of cranberries can be taken as equal to the delivery load at the plant. The two major points that we considered while making the projections for the 1981 season were the fact that Mr. Schaffer had estimated the arrivals of wet berries to be 80% of the total quantity and the Cranberry Marketing Order of 1980. It is assumed that the peak load of 1981 will not exceed that of 1980 by more than 0
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Chapter 2 Problems 5 A U.S. manufacturing company operating a subsidiary in an LDC (less developed country) shows the following results: U.S LDC Sales (units) 100‚000 20‚000 Labor (hours) 20‚000 15‚000 Raw Materials (currency) $20‚000 FC 20‚000 Capital Equipment (hours) 60‚000 5‚000 a. Calculate partial labor and productivity figures for the parent and the subsidiary. Do the result seem misleading? b. Compute the multifactor productivity figures for labor and
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FORM COURSE: Operation Management INSTRUCTOR: Professor Wang Xiayang HOMEWORK: Case Writing –National Cranberry Cooperative NAME: JESSIE ZHOU/KOBE LIU STUDENT ID NO.: 08210359/ CLASS: 09PA STUDENT DECLARATION I declare that this assignment is my own work‚ which all sources of reference are acknowledged in full and it has not been submitted for any other course. Signature: Date: 10/10/30 NATIONAL CRANBERRY COOPERATIVE Contents 1.
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THE DEFINITIONS "Operations management (OM) is defined as the design‚ operation‚ and improvement of the systems that create and deliver the firm’s primary products and services. Like marketing and finance‚ OM is a functional field of business with clear line management responsibilities." (Chase‚ Jacobs‚ Aquilano‚ 2006:9) "Operations management is the management of processes or systems that create goods and/or provide services. It encompasses forecasting‚ capacity planning‚ scheduling‚ managing
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the book Production and Operations Management incorporates several suggestions offered by our colleagues and students all over the country. In this edition we have endeavored to strengthen the basic characteristics of the book. The subject matter has been presented systematically in ten chapters‚ which can enable the reader to master the topics covered without any additional guidance. In keeping with the basic objective of making the learning of the ‘Concept and Principles in Production and Operations
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------------------------------------------------- The Production/Operations Function In Business A. True/False 1. Production/operations Management refers to creation of goods whereas production refers to the creation of services. 2. All organisations‚ including service organizations such as banks and educational institutions‚ have a production function. 3. Production is a creation of goods and services. 4. W. Edwards
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INTRODUCTION TO PRODUCTION AND OPERATIONS MANAGEMENT Content of module: Introduction to production and operations management‚ definition of ‘production’ and ‘operations’ management‚ meaning‚ scope and history of evolution. INTRODUCTION TO PRODUCTION AND OPERATIONS MANAGEMENT Production is the process by which raw materials and other inputs are converted into finished products. Production and operations management (POM) is the management of an organization’s production system. A production system takes
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