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Operations and Information Systems: Midterm Assessment
Manufacturing/service process design is based on a considerable number of different variables and represents, in essence, a number of trade-offs. Depending on the nature of the business, the nature of the product, and the nature of the market place, the chosen process design will obviously be different.
A) By taking as an example an organization or a product from an industry that you are familiar with, critically discuss the main factors that influence the choice of a manufacturing/service process design.
B) How do you see the main principles of project management aiding the operations manager/manageress in introducing change to the process/system?
You have been hired by Santori, Inc., a small company that imports and distributes an Italian sparkling water. The company is interested in what benefits an enterprise system would bring. Would an enterprise system be appropriate for this company?
Given a project salary cost of $400,000 per year and forecasted wage increases of 5 percent per year, calculate the non discounted total salary cost over a three-year project lifecycle.
On January 1, 2005, a person's savings account was worth $200, 000. Every month thereafter, this person makes a cash contribution of $676 to the account. If the fund is expected to be worth $400,000 on January 1, 2010, what annual rate of interest..
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