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Based on this module's readings and your own independent research, develop a listing of what you believe are the most important metrics for operations managers.
Library Article: Metrics and Performance Measurement in Operations Management: Dealing With the Metrics Maze
This article offers some insight into developing and using metrics for operations management.
Library Article: Data Quality for Data Science, Predictive Analytics, and Big Data in Supply Chain Management
This article introduces the topic of data quality and describes the importance and implications of high-quality data for managing operations with business analytics.
How does each metric support the overall financial performance of the organization? What data would be used to support this metric and how would you ensure that the data are of sufficient quality? How does data analytics support your metrics?
Looking back at the BP oil spill (see page 317 in the textbook), what triggering events can you identify that could have assisted management in anticipating this crisis? How do you think knowing these events would have affected the outcome?
organizational leaders are expected to create realistic visions for their companies and the employees they guide but
The time between failures for a car battery is exponentially distributed with a mean of 60 months. What is the likelihood that the next failure won't occur for 70 months or longer?
What system will you use to ensure that changes are properly posted in all copies of your EOP after it is distributed?
If it were necessary to crash to 250 or 240 days, elucidate how would Hill do so, also at illustrate what costs? As noted in case, assume which optimistic time estimates can be used as crash times.
When during the day would trucks be waiting. Explain how much truck waiting time would you expect. Illustrate what is the maximum number of trucks waiting during the day
The text describes 3 international strategies that firms deploy in order to enter foreign markets: Global Strategy, Multi-domestic Strategy, or Transnational Strategy. Pick one of these strategies, and pick a company that you think utilizes such a st..
What kinds of economic indicators do you believe a firm should rely upon when planning for hiring in the future? Do you think it is better for a firm to conserve its cash in tough times, or to use what funds it has to hire the best people in a favora..
How did the change affect your job and responsibilities. Consider the results of the change and whether or not the intended outcomes have been achieved.
Determine the amount of slack in each of a project's activities (presented below), and identify the critical path.
What changes might MB make in its design in order to better promote the transfer of new products across national borders?
List the reasons a business would need consistently updated enterprisewide analytical capabilities.
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