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Question 1.1 - Competitors It is most interesting to compare Inditex’s financial results with H&M. Similarities Low prices and relatively high fashion content Both are mainly European based Strong international expansion strategy Both have reasonable but not excessive physical quality In terms of positioning‚ Gap and Benneton are less fashion driven and more expensive Differences: H&M mainly outsources its production (outsources 50% of its production in Europe as well‚ but has slightly
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TEAM ASSIGNMENT NO. 4 LOCATION PROBLEMS Problem No. 1 A) Based on Labor cost only‚ which location would be most economical to product the items? Data: LOCATION LABOR COST UNITS PRODUCE Cambodia 6 laborers @ $3/day= $18.00/day 40 China 10 laborers @ $2/day= $20.00/day 45 Billings‚ Montana 2 laborers @ $60/day= $120.00/day 100 COST OF GOODS PER UNIT LOCATION Labor cost per day/productivity COST PER UNIT Cambodia $18.00/40 $.45 China $20.00/45 $.44 Billings‚ Montana $120.00/100 $1.20
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PERSONAL DEVELOPMENT AND REFLECTION THROUGHTOUT THE SEMESTER Introduction Core Business Skill is a task where I learnt how to improve on my basic skills and improving on personalize learning journal I have learnt many things that have not occurred before in my life. The main attempt here is to explain what I have gain throughout the whole semester. This task can help me boost on my Essential skill such as study skills‚ personal development skills and quantitative skills. This is not an easy
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Waiting Line Questions Render with A PROBLEMS 1. A waiting line meeting the M/M/1 assumptions has an arrival rate of 4 per hour and a service rate of 12 per hour. What is the probability that the waiting line is empty? Po = 1 - λ/μ = 1 - 4/12 = 8/12 or 0.667. (The variety of queuing models‚ easy) {AACSB: Analytic Skills} 2. A waiting line meeting the M/M/1 assumptions has an arrival rate of 4 per hour and a service rate of 12 per hour. What is the average time a unit spends in the system
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Homework Assignment 2 Solution Question 1: (True / False) (20 Points) Answer this question in a table with the question number and the selected answer (True or False) in separate columns as shown below. Question Number Answer 1 2 … 10 Grading 2 points each 1- The feasible solution space only contains points that satisfy all constraints. 2- Graphical solution to linear programming problems can handle problems that involve any number of decision variables. 3- The
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Abstract Managing operations in both manufacturing and service organizations have evolved tremendously over the years with the change in market requirements. The market has become global‚ thereby compelling enterprise operations to keep up. The application of information technology/information systems (IT/IS) and outsourcing in managing operations have significantly altered the landscape of operations management (OM) strategies‚ techniques‚ and technologies. Consciousness towards environmental and
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1.0 INTRODUCTION Operations management is defined as “the activity of managing the resources which produce and deliver products and services” (Slack et al. 2010 p4). This encompasses the entire activity carried out within the organization. With increasing pressure on organizations to deliver optimally at reduced cost‚ the role of operations has been transformed from that of strategy implementer to one of strategy driver. Operations strategy looks at the patterns of strategic decisions and actions
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Class 10th Science Syllabus COURSE STRUCTURE CLASS X First Term: Marks: 90 Units Marks I. Chemical Substances: 33 II. World of living : 21 III. Effects of Current : 29 IV Natural Resources : 07 Total :90 Theme: Materials (30 Periods) Unit: Chemical Substances - Nature and Behavior Chemical reactions: Chemical Equation‚ Balanced chemical equation‚ implications of a balanced chemical equation‚ types of chemical reactions: Combinations‚ decomposition
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Project Management Body Of Knowledge (PMBOK®) Guide – 5th Edition February 21‚ 2013 1 PMBOK 4th Edition PMBOK 5th Edition Released in 2008 Released in 2013 5 Process Groups 5 Process Groups 9 Knowledge Areas 10 Knowledge Areas 42 Processes 47 Processes PMBOK 5th Edition 2 PMBOK 4th Edition PMBOK 5th Edition • Integration Management • Scope Management • Time Management • Cost Management • Quality Management • Human Resources Management • Communications Management • Risk Management
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