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Q. Part 1:
(1) Explain why study operations management?
(2) Illustrate what are differences among terms "production management" also "operations management'?
Part 2:
(1) Illustrate what are reasons for formulating also implementing an operations strategy?
(2) Describe a possible mission for operations also some associated strategies which fit subsequent business situations:
(a) Ambulance service
(b) Production of standard automobile batteries.
(c) Production of electronics products which have a short product life cycle.
Part 3:
(1) Explain why is inter functional cooperation important for new-product design?
(a) Illustrate what are the symptoms of possible lack of inter functional cooperation?
(2) Under illustrate what circumstances might a market-pull approach or a technology-push approach to new product design be best app?
After a trial run on this machine, C-Spec has decided that the machine has a sample mean of 4.001 inches with a standard deviation of 0.002 inch. Should C-Spec use this machine to produce this part. Why.
Describe the fundamental similarities also differences between, procurement, manufacturing support also customer-accommodation performance cycles as they relate to logistical control.
Utilizing a simple three-month moving average, find out the July forecast. Utilizing single exponential smoothing with α = 0.2 also a June forecast = 13, find out the July forecast. Make illustrate whatever assumptions you wish. List these assumpti..
Jane needs to try a more collaborative approach to working with suppliers. Will her approach work. Explain how should she adopt a more collaborative approach in future negotiations with suppliers.
Formulate the linear programming model for this problem. Illustrate what is the limiting raw material. Illustrate what alternatives could you suggest.
Profits per unit of solutions A also B are $8 also $10, respectively. Daily demand for solution A lies between 30 is 150 units, also which for solution B between 40 and 200 units. Find optimal production amounts of A also B using Graphical Method.
Identifies which alternative Goleb transport must take. The market for the repair could be either favourable (event1) or unfavourable (event2). George has constructed a payoff matrix showing the expected returns of every alternative also the probab..
Define the decision variables clearly. Write the objective function also the of the decision variables. Plot the constraints also show the feasible region.
A Corporation wants to forecast demand using the weighted moving average. If the Corporation uses 2 prior yearly sales values, which of the subsequent is the weighted moving average forecast for year 2013.
Williams Products is evaluating whether to introduce a new product line. Estimates the variable costs of each unit produced and sold at $9 and the fixed costs per year at $55,000"
A diet is being prepared for University of Arizona dorms. Objective is to feed students at least cost, but diet must have between 1,800 also 3,600 calories.
When the value of a loyal consumer (VLC) market segment is high, should these consumers the given premium goods also services for premium price.
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