increase to 6% in 2006 and 2007 (ADB‚ 2005). Bangladesh’s total GDP stood at $275 billion in 2004‚ and per capita GDP was $2‚000 (adjusted for purchasing power). The ready made garments industry started in our country as a non-tradition sector with a narrow export rise in the late 1970s. The garments industry enjoyed a tremendous rise of 30 enterprises in 1980 increase to about 4825 on 2007-08 fiscal year. Out of 3.1 million manpower employed in factories‚ 2.38 million are women (85%)‚ majorities
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AN EVALUATION OF HUMAN RESOURCE TRAINING AND DEVELOPMENT AT CORPORATE BRANCH OF CONCORD GROUP 1.0 INTRODUCTION In any industry the success of an organization is extremely dependent on its human resources. Although there are many other factors that play a key role‚ a company must have effective employees in order to stay financially solvent and competitive. In order to maintain this valuable commodity‚ organizations must be aware of employee training and development. Many companies make the mistake
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INTRODUCTION The textile industry has an overwhelming influence in the economic development of India. Through its contribution to the industrial output‚ employment generation and export earnings‚ the industry plays a very important role in the Indian economy. Currently‚ it contributes about 14 percent to industrial production‚ 4 percent to the GDP‚ more than 12 percent to the country’s export earnings‚ and provides direct employment to over 35 million people. Post MFA (Multi Fibre
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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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Contents 1. Summary 3 2. Introduction 3 3. Plant Design Layout 5 4. Management of raw materials 6 5. Workforce issues affecting the process 8 6. Quality control 11 7. Egg production flow chart 13 8. Information flow 14 9. References 15 1. Summary Green Eggs has been producing eggs since 2004 having numerous awards to their credit up to date. The farm runs other stock besides chickens but egg production has become a focal point of the farm. Much attention is paid to innovative
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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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Term Paper: HR Practice In Ready Made Garments Industry (Panorama Apparels Ltd. & Millennium Garments Ltd.) TABLE OF CONTENTS Executive Summary 5 Introduction 6 Methodology 6 Scope & Limitation 8 Formal Report (Company A) 9 About The Company 9 Size & Activities of HR Department 9 Their Overall HR Practice 11 Recruitment 11 Selection 14 Training & Development 15 Compensation Policies & Practices 17 Performance Appraisal 21 Formal Report (Company B) 22 About
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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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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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------------------------------------------------- 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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