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One of the duties of an operations manager is to participate in the mission and strategy of the organization. When looking at the strategy, the operations manager focuses on the goods and services that will achieve a competitive advantage for the organization in the industry. This advantage can be achieved through differentiation, low cost, or response. However, to ensure the company's ultimate competitive advantage, the operations manager must also assess the value add to consumers.
Based on the readings in the textbook and the ITT Tech Virtual Library, analyze the importance of value-added analysis in operations management by answering the following:
Define the term "value-added analysis."
Provide a brief explanation about how the concept of "value-added analysis" entered into the industry, including the person who authored the concept and the premise for introducing the concept in the industry.
Explain the advantages or disadvantages of performing a value-added analysis to operations managers.
Describe when in the operations design process this analysis should be performed and the expected outcomes of the analysis.
Write about the EU. Define it. What is its purpose? What is its history? How successful is the EU in achieving its goals? Describe the 3 most interesting items you find on the site.
What does the ASA framework postulate. The ASA framework. How does the ASA concept apply to Reckitt Benckiser, as described in the Financial Times article
Why would long term reliance on a lower valued dollar at best be a short term solution to the competitiveness problem.
based on this information and the multiplicative seasonal model, illustrate what will the demand level be for mark's sailboats in the spring of 2011
Suppose that the Best Burger has analyzed data on customer arrivals and has concluded that the mean arrival rate is 45 customers per hour. What is the probability of the following arrivals during a 1-minute period? a) Zero: b) 1 c) 5 or more
1. provide some examples in business or daily life in which a controlled process is erroneously adjusted and an
What is a social networking analysis?
Discuss the company's operational strategic performance dimensions. Provide general statistics, history, management, headquarters, divisions and all products.
What is the break-even quantity beyond which the first process is more attractive?
Machine's output is known to be approximately Normal with mean of 2.0 litter and standard deviation of 0.01 litter. Output is monitored using means of samples of 5observations. Determine upper and lower control limits that will include roughly 95...
Which of the following do not require a response because they have no direct impact on management of labor costs?
Does either of the forecasts "look" good to you? Why or why not - what are the implications to a business if the forecast is too high?
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