Key operations questions Chapter 1 Operations management ➤ What is operations management? ➤ Why is operations management important in all types of organization? ➤ What is the input–transformation– output process? ➤ What is the process hierarchy? ➤ How do operations processes have different characteristics? ➤ What are the activities of operations management? Chapter 2 Operations performance ➤ Why is operations performance important in any organization? ➤ How does the operations function incorporate
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Do you agree or disagree with the following statement? A person should never make an important decision alone. Use specific reasons and examples to support your answer. It goes without saying that how to make a decision is always an issue of much controversy. Some people claim that one should never make an important decision alone‚ while others believe that it is not true. My opinion is that it is always beneficial to consult other people such as family‚ relatives‚ friends or colleagues before
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difficult operating conditions in the business environment. This essay seeks to give a general understanding of operations management framework‚ also evaluate the contribution of performance measurement to the effective and efficient management of operations. The activity of managing the resources and the processes which are used to produce and deliver goods and services is known as the operations management (Slack and Lewis‚ 2002‚ p.4). It is the systematic design‚ and control of processes that are used
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flexible operations. C) Low price leading to a need to excel at low cost. D) Reliable delivery leading to a need to excel at effective customer service. E) Speed of operations leading to a need to excel at efficient distribution. 4) There are four perspectives on operations strategy. The term ’emergent strategy’ is most closely associated with which perspective? A) Bottom-up perspective B) Market requirements perspective C) Operations resources
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eliminate ‘muda’ ie any activity which involves wasted effort‚ materials and time. Exel is particularly effective in ensuring lean production because it is able to reduce ‘muda’ at every stage in the supply chain from designing efficient warehousing systems‚ to sophisticated tracking methods in freight forwarding‚ developing e-commerce links‚ and cutting out any wasteful processes at any stage of distribution. A further advantage of JIT is the benefit derived from eliminating lineside storage of parts
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Problem Identification The Violent Crime Control and Law Enforcement Act of 1994 was created to solve the problem of high crime. To deal with the crime problem in our nation‚ there must be a balance approach between getting tough on the hard-core violent offenders‚ and prevention and treatment for nonviolent offenders‚ all within the context of punishment. The major crimes that were going on in 1994 were the war on drugs‚ gun violence‚ and juvenile violence(book‚ pg.470). It was suggested that police
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How Do Social Media Companies Like Facebook and Twitter Make Money http://www.marketoracle.co.uk/Article42647.html Oct 11‚ 2013 - 12:44 PM GMT By: Money_Morning Tara Clarke writes: Over the last month we’ve seen Facebook’s (Nasdaq: FB) dramatic share price rebound‚ Twitter’s stock IPO announcement‚ and LinkedIn (NYSE: LNKD) stock on fire‚ but have you ever wondered... how do social media companies make money? To find out‚ we turned to Money Morning E-commerce Director Bret Holmes. Part of
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for the high proportion of young‚ working class males shown in official statistics on crime.” This essay will start by making a distinction between the concepts of crime and deviance‚ followed by an examination how such concepts have been acquired and accepted by society. Further reference will be made to the current crime statistics‚ and analyse some of the possible explanations for the high proportion of crime that is being committed by young males. Finally‚ consideration will be given to what
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decisions‚ especially important ones‚ must be well thought out‚ otherwise‚ regret and/or sorrow will follow. There is no going back on already made decisions and there is no “fixing” them either. Teenagers are known to make dumb decisions. Fortunately‚ independent decision making is all a part of growing up. However‚ as a teenager‚ it seems hopeless sometimes and I question if the decisions I make are the right ones. After reading The 6 Most Important Decisions You’ll Ever Make I think I have taken
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Crime is often glorified through movies and music. Crime happens in many forms and has different effects. Just about everyone in America has been exposed to some form of crime in their lifetimes‚ if not performing crimes themselves. Typically‚ crime is kept under control by processes of the law and law enforcement. Sometimes‚ however‚ crime has a tremendous effect on society and the people within it as a whole. Different types of crime can serve different purposes and functions. In the early 1900s
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