Think of control in terms of preventive and concurrent

Assignment Help Operation Management
Reference no: EM131193871

Academically, define Control. Think of control in terms of preventive, concurrent, and corrective controls that you use for different aspects of your life. How do we adapt these to our own life the elements of effective supervision in the areas of budget controls, investments, short-term and long-term planning, directing and organizing?

Reference no: EM131193871

Questions Cloud

What is the profit function of this firm : Let p be the price of output, and let the factor prices be fixed. If p = 2 how much will the firm produce? If p = 1 how much will the firm produce? What is the profit function of this firm?
Reflects the subsequent developments in the domestic : Suppose that currently 4 million automobiles are imported into the U.S. and the average price of those automobiles is $25,000. Further suppose that Congress passes legislation approving a 3 million annual quota on imports that is signed into law by t..
Decisions have been enhanced by optimization models : Identify two key strategic decisions made by your current team, department, or organization. How could those decisions have been enhanced by optimization models? Support your rationale with evidence from readings or external research. Please do not c..
Calculate the derivative of output with respect to a : Suppose that there are n identical chip producers, let D(p) be the demand function, and let p(a) be the competitive equilibrium price. Calculate (dplda) and its sign.
Think of control in terms of preventive and concurrent : Academically, define Control. Think of control in terms of preventive, concurrent, and corrective controls that you use for different aspects of your life. How do we adapt these to our own life the elements of effective supervision in the areas of bu..
What do you infer from cfi and cff amounts : Using the B/S prepared at the end of FY 2008 and FY 2009, Is the amount in CFO a cash inflow or outflow? What about CFI and CFF? What do you infer from these amounts?
How the federal and state legislations impact professionals : How do the federal and state legislations impact professionals who are working with young children who have disabilities and their families?
Putting it together and taking it apart : One application of multiplying polynomials is finding the area of a shape. Polynomials could be used to find the ideal dimensions for your backyard flower garden. Your mission is to choose one of the following shapes and find the area of it. The m..
Construct a valuation model to determine intrinsic value : Select one of the following entities; Google, Yahoo, DropBox or Amazon. Briefly, describe the entity's underlying business model. Construct a valuation model to determine the entity's intrinsic value

Reviews

Write a Review

Operation Management Questions & Answers

  Time-dependent and time-independent resources

What is the importance of distinguishing between time-dependent and time-independent resources? Does it impact the project schedules and the cost risk analysis? Explain and provide an example of the pros and cons as it applies to project costs.

  Discussion on international cultural impact

Explain your views on the 'international cultural impact' of the current banking crisis and support your answer. If it is your opinion that there is no 'international cultural impact' please state why and support your answer.

  Explain is forecast performing as well as it may

A CPA firm has been using subsequent equation to predict annual demand for tax audits. Demand for past few years is shown below. Is forecast performing as well as it may, Explain.

  Discuss which kinds of international strategies

When companies expand into the international arena, they do so either because their home market has matured or because they see real opportunities in the foreign market. Discuss which kinds of international strategies are most appropriate for compani..

  Quality function deployment-about time-series forecasting

The ability of an organization to produce services that, by utilizing the consumer's five senses, have some uniqueness in their characteristics is. Which of the following statements regarding critical paths is true?  Quality function deployment (QFD)

  Difference between high-context and low-context cultures

Please describe the difference between high-context and low-context cultures and explain why understanding this difference is important for managers who are trying to develop business opportunities internationally.

  Identify the best value discipline and generic strategy

Write a paper that evaluates alternatives an organization must consider to realize growth. Identify the best value discipline, generic strategy, and grand strategy for your *organization.

  Explain what is the probability that the operator is busy

Calls arrive at Lynn Ann Fish's hotel switchboard at a rate of 2 per minute. The average time to handle each is 20 seconds. There is only one switchboard operator at the current time. The Poisson and exponential distributions appear to be relevant..

  What is the capacity of the current line

Consider the following tasks that must be assigned to four workers on a conveyor-paced assembly line (i.e., a machine-paced line flow). Each worker must perform at least one task. There exists unlimited demand unless stated otherwise. What is the cap..

  Organizations performance management activities

Classify the selected organization’s approach to coaching as it relates to one (1) of the following: Ad Hoc Coaching, Managing Coaching, Proactive Coaching, or Strategic Coaching. Construct five (5) best practices that would maximize team-based perfo..

  Federal law impacts healthcare organizations

Do you think that quality would be adversely impacted if the growth in medical technology were to be constrained in the United States. If costs are reduced, and more people could have access, do you think that this is a reasonable trade-off

  Analyze how trends impact the organizational strategy

Analyze how trends impact the organizational strategy of a firm or industry. Evaluate the context of the global market, including sensitivity to economic and cultural diversity, for the impact on an organization's strategy.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd