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Throughout this course, you have learned that operations management is not just about managing a manufacturing floor, but that operations can be found in every organization—and effectively managing those operations is critical to an organization’s long-term success. We have covered a wide breadth of material in this course. However, it is hoped that you see how all of these topics fit together to create the discipline of operations management. There are likely topics that you found to be interesting—and others that you found to be less so. Summarize your main takeaways from this class.
Although lower inventories and a just-in-time approach receive considerable attention in the business media, some organizations prefer high levels of inventory. Why would they want to hold a large inventory?
Develop a Pareto chart for the type of defects that have occurred. D) Draw a fish-bone chart showing the possible causes of the defective shipments.
Critics of the US Health Care System often find fault with its top heavy specialist and tertiary care orientation and lack of organizational coherence. Analysis of health care in the US over the past half century abound with such descriptions as a no..
Asphalt for building roads cannot be laid until the temperature is above 70 degrees for at least five days in a row. Consequently, road construction crews have to be increased during the summer months when they must try to lay as much asphalt as poss..
Mark M. Upp has just been fired as the university book store manager for setting prices too low (only 20 percent above suggested retail). He is considering opening a competing bookstore near the campus, and he has begun an analysis of the situation. ..
Describe the quality-related mistake or mistakes that occurred in this case. What are the pros and cons of selling the shoes? What are the pros and cons of destroying the shoes? What should AFI's executives do - sell the shoes or destroy them? Explai..
Write an executive summary identifying appropriate design approaches for a selected product and service.
Identify the sponsor, stakeholders, and key customers involved in the project. Describe any special considerations for staffing the project. Based on the structure of the organization, describe how staffing changes will be identified, escalated, a..
A production operation is a single-channel, single-phase, unlimited-queue-length queing system. Products arrive at the operation at an average rate of 90 per hour, and theautomated operation produces products at a constant rate of 95 products per hou..
"Effective strategic risk management is built around a clear understanding of how much risk your business is prepared to take to deliver its objectives, and a timely and reliable evaluation of how much risk it is actually taking."
Analyze master improvement plans and review plans used to achieve long-term improvement efforts.
I have been asked to do competitor ratios and analysis, net present value analysis of proposed strategy's new cash flow, and prepare pro-formal financial statements
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