Problems Week 4 Betsy Whitfield ITT Tech Online MG518 – Operations and Process Management Professor Eloise Thomas August 24‚ 2013 * Chapter 9: Problems 2a‚ 2b‚ 5a‚ and 5b on page 346 * Chapter 10: Problems 2 and 5 on pages 381-382 * Chapter 11: Problems 2 and 3 on pages 407-408 * Chapter 12: Problems 2‚ 3a‚ 3b‚ 10a‚ 10b‚ 22a‚ and 22b on pages 440-443 Chapter 9 Problem 2 Prince Electronics‚ a manufacturer of consumer electronic goods
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Product and Service design plays a strategic role in helping an organization achieve its goals. A good product or service design can ensure customer satisfaction‚ quality and production costs. On the other hand‚ if an organization is offering poor product or service‚ customer’s feedback in the form of lack of interest will result in poor sales. Also quality and production costs are affected by poor design of the product or service. Some key reasons to design or redesign a product are simply. They
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a customer who demands a different mix of features and attributes. It is often best not to be fastest to the market‚ but to be the best firm in the market as judged by the ultimate customer. 3. What are the major priorities associated with operations strategy? How has their relationship to each other changed over the years? The four major imperatives are cost‚ quality‚ delivery‚ and flexibility. In the sixties‚ these four imperatives were viewed from a tradeoff’s perspective. For example
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UNITED INTERNATIONAL UNIVERSITY ASSIGNMENT ON Airline Industry (International Busuness-606) Submitted To Dr. Enamul Haque School of Business & Economics Submission Date 26th Dec. 2012 Table of Content |Topics |Page No. | |1.Globalization of Airline Industry |3 | |Industry Analysis
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OPERATIONS MANAGEMENT 1. Supplier Us Customer Raw materials Transforming Work in progress inventory Transformation Finished goods inventory Customer Codex 25000D1‚ 18 dollars (Notes and Problems). Assignment 1‚ 2 make for 15%. Midterm make for 35% and the Assignment 3 for 10%. Finals make up for 40%. Assignments handed in at the beginning of sessions 5‚ 7 and 12. Value added: Inputs Transformation process Outputs. How do we increase value to the product. A lot of things
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Airlines to Philippines [pic]Air Asia flights [pic]AirPhil Express [pic]Cebu Pacific [pic]Philippine Airlines [pic]South East Asian Airlines (SEAIR) [pic]Sky Pasada [pic]Tiger Airways [pic]Zest Air |[pic]Delta flights | |[pic]United flights | |[pic]China Southern flights | |[pic]Air China flights
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100 (18/101) = 17.82% | | April | 96 | 101 | 5 | 100 (5/96) = 5.21% | | May | 89 | 96 | 7 | 100 (7/89) = 7.87% | | June | 108 | 89 | 19 | 100 (19/108) = 17.59% | | | | | | 49 | | | 48.49% | | Naive outperforms management. 4.27 | Winter | Spring | Summer | Fall | 2004 | 1‚400 | 1‚500 | 1‚000 | 600 | 2005 | 1‚200 | 1‚400 | 2‚100 | 750 | 2006 | 1‚000 | 1‚600 | 2‚000 | 650 | 2007 | 900 | 1‚500 | 1‚900 | 500 | | 4‚500 | 6‚000 | 7‚000 | 2
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In order for Peter to achieve his objectives for purchasing and inventory management we must closely study the issues of inventory level review‚ holding costs and safety stock. Holding cost is money spent to keep and maintain a stock of goods in storage. It is largely recognised that a healthy holding stock figure is between 25% and 33.33% of material costs. Peter has holding costs of 21% which is just touching on a fifth of Danker’s materials cost. Now we could take this to mean that Peter therefore
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the health and safety of ourselves and others. The law then forces the employer to provide a safe work place for you and other workers. He must ensure that the health and safety of his staff and customers is not placed at risk and by how business operations are conducted. He must than encourage employees to work for a healthier and safer environment. This is achieved by 1. Open communication between both parties. 2. Attending team meetings 3. Training and induction sessions 4. Reading
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predictable flow‚ highest volume‚ and lowest variety. Example: water processing‚ petrochemical refineries Professional Services High contact processes‚ high customer contact and involvement‚ high level of customization‚ often people based. Example: Management consultants‚ doctors‚ lawyers Services Shops Mix of front and back-office services‚ differing levels of volume and variety. Example: Banks‚ hotels‚ schools‚ restaurants Mass Services High amount of throughput‚ limited customer contact‚ little
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