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For this assignment you will need to select and research an organisation and a specific product or service that it provides. You will conduct an analysis of the product/service in terms of the four Vs of operations management.
1. Develop a profile of the product/service based on the four Vs (volume, variety, variation in demand, and visibility). Discuss how you arrived at your conclusions for the organisation and what implications these characteristics have for how the organisation conducts its operations.
2. Identify and discuss key activities undertaken by the organisation that display these operational characteristics. Identify attempts by the organisation to alter its operations for improved performance (changing its four Vs profile).
A supervisor in a large accounting firm is scheduled to interview a job candidate who comes highly recommended and has excellent qualifications.
Suppose that management of Mytrle Air express believes that the probability of weak demand is 0.70. and the probability of weak demand is 0.3. Use the expected value approach to determine an optimal decision.
What's the differences and similarites between Toyota and GM in operation management?
Assume an initial starting Ft of 300 units, a trend of eight units, an alpha of 0.30, and a delta of 0.40. If actual demand turned out to be 288, calculate the forecast for the next period.
customers per hour and an average service time of 18 minutes per customer. What are the minimum number of servers required to avoid an overloaded system?
Now suppose he says that if he is optimistic about the success of one project, he is likely to be optimistic about the others as well. For you simulation, this means that if on probability increases
From your readings and experience, discuss the basic differences between the acquisition of capital equipment and business services.
Identify key gaps in planning for the exit. Provide recommendations on the exit strategy. Is the sale the right one? What steps ought to be taken to maximize the sales-price?
Would Cliff Richards be categorized as a Theory X or Theory Y manager? Explain. What advice might Herzberg give Bridget about dissatisfaction among her employees?
A company that sells an online course aimed at helping high-school students improve their SAT scores has claimed that SAT scores will improve by more than 90 points on average if students successfully complete the course.
Identify and describe some of the near-term and long-term results you anticipate in the airplane production industry.
Businesses are built on relationships." What do you think this statement means? What are implications for managing the external environment?
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