Questions for the London Jets Case Download the file LondonJets.xls‚ available on the course website. I. Perform RFM Analysis: (recency‚ frequency‚ monetary (total sales) analysis) as indicated on page 3 of the case; steps for RFM are given on page 8 of the case (I have provided one approach on page 3 of this document). Use pivot table with Frequency and Monetary value for rows and Recency for column. Data field should be Count of CustID. Important Note -- The format for this table is shown
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Improving Stickley Furniture BUS 644 Operations Management Abstract Stickley Furniture has a long tradition of manufacturing and selling fine furniture goods. The Consulting Firm has been charged with the responsibility of evaluating and explaining how the company operates and tracks jobs and inventory. Also‚ the pros and cons of how orders are processed are evaluated. Finally‚ suggestions are made regarding the way the company should handle forecasting‚ inventory‚ work measurement
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BUS 325 Operations Management CPM & PERT Sample Problems #1 Suppose that a project requires the following activities and their respective activity times: 1. Complete the chart below (Round numbers to the second decimal place). Job No. Immediate Predecessors Times (weeks) Expected Time σ2 To Tm Tp A - 2 2 2 B A 1 2 3 C A 2 4 6 D B‚ C 1 3 5 E D 2 3 4 F C‚ D 1 2 3 G E‚ F 2 4 6 H C‚ F 1 1 1 I F‚ G‚ H 2 2 8 2. Construct the network diagram / Determine ES/EF &LS/LF.
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Role of Operations Management Operations management is the design operations and improvement of systems that create and deliver a company’s products and services. In other words‚ “is the process of taking input such as raw material and component and turning it in to out put by adding values” (Shaikh‚ 2010). Any activity that relates to the management of the entire business process that produces goods and services falls into the operations category. Competition among today’s organizations has
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Operations Management & Decision Making – Planning And Control Assignment The organisation I have chosen to examine from an operations management and decision making standpoint is McDonald’s‚ a worldwide chain of fast food restaurants‚ which are run either by a franchise‚ an affiliate or by the corporation itself. There are over 31‚000 branches of McDonald’s worldwide1. It is estimated these restaurants serve a collective 47 million customers daily2. The restaurants mainly sell customers traditional
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Draw and describe the customer benefit pack that Zappos provides. Identify and describe one primary value creation‚ one general management process you encounter at Zappos. (A) General Management Pro Value creation Process Value creation Process Customer
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objectives and goals achieving can be possible only when management organizing the available recourses in a suitable structure with a plan. The whole process of achieving objectives like planning‚ organizing and implementation and correction process by means of feedback bring together by operation management. The physical resources like space‚ machinery‚ money and men who organize those physical will take major role in the operation management. The objectives related to both performance and cost
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+ Operation Management + Strategies for Capacity Planning/ Substantial Expansion K.J.Sanjit Roll No#59 PGPME-14‚ Great lakes IEMR‚ Gurgaon + INDEX Table of Contents K.J.Sanjit Roll No: 59 PGPME-14‚ GLIEMR INTRODUCTION & SUMMARY .............................................................. 3 CHAPTER#1: CAPACITY PLANNING ..................................................... 4 Break-even analysis ...............................................................................................
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Business Studies – REV Operations management aims - these are the broad general goals of the operations management functions of an organisation. Operations management objectives: Specific focused targets of the operations functions within an organisation. Operations management strategies: Long term or short term plans devised at senior level designed in order to achieve the firm’s operations management objectives. Operations management tactics – short-term measures adopted to meet the needs of
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“The Call of the Wild” is written by Jack London. It was first published in 1903. The book was focused in the area of Alaska‚ about a dog named buck; who was taken away from his home and beaten and worn down and became a member of a sled dog team. He went through a lot of hard times. From hunger to freezing‚ beaten‚ drowning. Buck learned a lot of things in these times‚ like how to dig a hole in the snow to keep warm‚ how to serve threw hunger pains and also hes natural intinsts kick in and help
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