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Question 1: Define Operations management. Explain the key concepts of Operations management with a schematic diagram.
Question 2: Define the term operations management. Briefly explain the strategic role of operations.
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A local bar serves a premium draft beer to its customers. The daily demand for beer is assumed to follow a normal distribution with a mean of 80 litres and a standard deviation of 16 litres.
Define project management and explain its importance to the business world. Explain project life-cycle management and the benefits of project management to an organization.
How is capacity measured at your college or university? Identify a business system you are familiar with. Does it ever suffer from too little capacity? What are the value implications when its demand is greater than its capacity?
Profits are 40 cents for a box of Deluxe crackers also 50 cents for a box of Classic crackers. Elucidate what is daily profit when producing optimal amounts.
What is the minimum number of workstations that will ensure an output rate of 43 units per day? (Assume that all of the individual task times are smaller than the obtained cycle time.)
determine the manner in which the project manager and project team uses the wbs to develop a reliable bottom-up
Southern Gas Company ( SGC) is preparing to make a bid for oil and gas leasing right in a newly opened drilling area in the Gulf of Mexico. SGC is trying to decide whether to place a high bid of $ 16 million or a low bid of $ 7 million
Create a spreadsheet model to determine how many miles of pipeline Arctic Oil must install if it runs separate pipelines from each oil well to the T&R center. How much pipe will be needed? Use Solver.
Provide examples of each of the eight types of waste described in this chapter for the following service operations:
How would you go about analyzing an organizational structure in terms of creating a work breakdown structure? What are the major organizational characteristics that you would evaluate?
Productivity is measured by the ratio of outputs to inputs. Some organizations use a partial measure of productivity to measure actual operations, such as a restaurant using number of customer meals per labor hour.
Research 3 companies and determine how the business could develop cost estimates for a specific product or service that they offer and discuss whether this would impact their project outcomes?
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