BOM 2064: QUALITY AND OPERATION MANAGEMENT Title: Quality and Operation Management Implementation Food & Beverage Department Everly Hotel Malacca Prepared for: MISS CHOW MEI MIN Student’s Name | Student’s ID | Major | Section | Ahmad Izzaudin B. Mat Zaki | 1101109196 | KM | BM203 | NurIzzatiBtBaharudin | 1091105542 | KM | BM203 | Ahmad Nor Aizat B. Abdullah | 1101107571 | KM | BM203 | Sheikh KharleezBamadhaj B. Jaffar | 1102702455 | IB | BM203 | Iqbal Abdul Qayyum B
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PRODUCTION & OPERATIONS MANAGEMENT MB0044 SET I 1. Explain in brief the origins of Just in Time. Explain the different types of wastes that can be eliminated using JIT. Just-in-Time (JIT) is a production strategy that strives to improve a business’ return on investment by reducing in-process inventory and associated carrying costs. Just In Time production method is also called the Toyota Production System. To meet JIT objectives‚ the process relies on signals or Kanban between different
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Understanding principles and values It is very important that a person’s dignity is kept‚ so everyone has self-respect of themselves and that everyone has privacy at times when they need it as this makes them feel respected‚ independent and also in control. For example‚ even something simple like knocking on the door before entering the room is a sign that someone has privacy. This links to ‘Right to life’ because it is a concept that describes a belief that a human being has an essential right
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Values and Ethical Decision Making Personal values and organizational values are very similar. Both are beliefs or missions used to aid in the decision making process. The difference in the two is in the title; personal values are on a personal level and can vary throughout an organization. The organizational values are built into the culture of the company and should emphasize the mission statement. Values are so central to individuals’ personality and cognitive structure (as cited
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Introduction Pijush Kumer Ghosh (EX020016) Operations Management Decisions Ashfaq ²Us Saleheen (EX020012) Quality Management & Supply Chain Management Md. Mofizul Islam (Ex020015) Location Design‚ Layout Design‚ Scheduling &Inventory Management Md. Firoz Uddin (EX020016) Term used to describe all the activities managers do to help their firms create goods and service Converting resources into goods and services Product creation‚ development‚ production‚ distribution‚
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Case: Restoration project at Bennett Auto Sales and Services (BASS) Bennett Auto Sales and Services (BASS)consists of three car dealerships that sell and service several makes of American and Japanese cars‚ two auto part stores‚ a large body shop and car painting business‚ and an auto salvage yard. David Bennett‚ owner of BASS‚ went into the car business when he inherited a Ford dealership from her father. He was able to capitalize on her knowledge and experience to build her business into the
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The key corporate view of finance is to ensure that the shareholders’ wealth is maximized. This at times is not realized because the shareholders‚ who are the owners of the firm‚ do assign duties of control to the managers of the firm. The managers therefore‚ act as agents to their principals (shareholders). The shareholders delegate all the duties to the management and directors of the firms due to a number of reasons for instance; they may be distant from the company location and might be involved
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Information Based Decision Making Terms of Reference .................................................................................................... 3 1. Be able to identify and select sources of data and information ............................ 4 Data and Information .............................................................................................. 4 Characteristics of Good Information ............................................................................... 6 Sources
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OPERATIONS AND LOGISTICS MANAGEMENT Submit: 18/08/2008 TABLE OF CONTENTS Introduction…………………………………………………………………………… 03 Executive Summary…………………………………………………………………… 04 Operations strategy……………………………………………………………………. 05 Operations competitive dimensions…………………………………………………… 06 Capacity……………………………………………………………………………….. 07 Location……………………………………………………………………………….. 08 Total Quality Management……………………………………………………………. 09 Flexibility……………………………………………………………………………… 11 Conclusion……………………………………………………………………………
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ETHIC – BASED MANAGEMENT VS CORPORATE MISGOVERNANCE --- NEW APPROACH TO FINANCIAL STATEMENT ANALSYS Introduction Unfortunately in today’s everyday business consists largely of corporate fraud and unethical behavior. The article likes to call this down turn of ethical behavior moral bankruptcy. Moral bankruptcy is defined by dictionary.com as the state of being devoid of morality and ethics‚ used especially for business and political entities. This article focused on
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