Assignment Week 1 Answer the following questions: 1. Describe the rationale for utilizing probability concepts. For practical reasons‚ variables are observed to collect data. The sampled data is then analyzed to elicit information for decision making in business and indeed in all human endeavors. However‚ sampled information is incomplete and not free from sampling error. Its use in decision-making processes introduces an element of chance. Therefore‚ it is important for a decision-maker
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| |11. | |Components of Demand |Moving Average | | |Forecasting |What/when to forecast |Exponential Smoothing | | | |Time Series | | |12. |Inventory |Brian’s Dilemma
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Quantitative Applications in Management & Research ASSIGNMENT PROGRAM: SEMESTER-I Subject Name : Quantitative Applications in Management & Research Permanent Enrollment Number (PEN) : Roll Number (SEN) : Student Name : INSTRUCTIONS a) Students are required to submit all three assignment sets. ASSIGNMENT Assignment A Assignment B Assignment C b) c) d) e) DETAILS Five Subjective Questions Three Subjective Questions + Case Study 40 Objective Questions MARKS 10 10 10 Total weightage given to these
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GKM COLLEGE OF ENGINEERING AND TECHNOLOGY DEPARTMENT OF MANAGEMENT STUDIES BA 9221 OPERATIONS MANAGEMENT TWO MARK QUESTIONS Unit I 1.Define Production Management It is the process by which raw material and other inputs are converted into finishedgoods. 2.What are the needs or Objectives of Production Management. To manufacture the products as per the specification To effectively manage the available resources and facilities To produce products as per the market requirement . 3
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F-2‚Block‚ Amity Campus Sec-125‚ Nodia (UP) India 201303 ASSIGNMENTS PROGRAM: SEMESTER-I Subject Name : Study COUNTRY : Permanent Enrollment Number (PEN) : Roll Number : Student Name : INSTRUCTIONS a) Students are required to submit all three assignment sets. ASSIGNMENT DETAILS MARKS Assignment A Five Subjective
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is therefore a push system. Make-to-Stock: • Pull systems do replenish inventory voids. • But jobs can be associated with customer orders. Forecast Free: • Toyota’s classic system made cars to forecasts. • Use of takt times or production smoothing often involves production without firm orders (and hence forecasts). 1 4 © Wallace J. Hopp‚ Mark L. Spearman‚ 1996‚ 2000 © Wallace J. Hopp‚ Mark L. Spearman‚ 1996‚ 2000 http://www.factory -physics.com http://www.factory -physics.com
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reflects economic results‚ not as they are‚ but rather as management wishes them to look. This results in lower earnings quality since net income does not representatively portray the economic performance of the business entity for the period. Income smoothing relies not on falsehoods and distortions but on the wide leeway existing in alternatively accepted accounting principles and their interpretations. It is conducted within the structure of gaap. In effect‚ it redistributes income statement credits
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Module: 1 Question 1 All of the following are key components of the definition of supply chain management‚ EXCEPT: A. monitoring of supply chain activities with the objective of creating net value B. synchronizing of supply and demand C. building a competitive infrastructure D. selecting suppliers Question 2 Which of the following is a key supply chain process? A. forecast B. source C. benchmark D. analyze Question 3 Supply chains create value by: A. increasing profitability
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PowerPoint Slides Prepared by Robert F. Brooker‚ Ph.D. Copyright 2007 by Oxford University Press‚ Inc. Slide 1 Qualitative Forecasts • Survey Techniques – Planned Plant and Equipment Spending – Expected Sales and Inventory Changes – Consumers’ Expenditure Plans • Opinion Polls – Business Executives – Sales Force – Consumer Intentions PowerPoint Slides Prepared by Robert F. Brooker‚ Ph.D. Copyright 2007 by Oxford University Press‚ Inc. Slide 2 PowerPoint Slides Prepared
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MKT B370 Operations Management SPECIMEN EXAMINATION PAPER Important Note: This specimen examination paper serves solely as an illustration of the types of questions which may be contained in the examination. Students should not construe these questions as the actual examination questions nor part of the actual examination paper. In addition‚ this specimen examination paper does not purport to represent the complete scope or coverage of the course and the distribution of the topics to be examined
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