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As a manager, you are expected to make logical, rational decisions that are in the best interests of the organization. However, the best decision isn't always made. Let's discuss w
Owner Kay Fay is considering franchising her Oriental Express restaurant concept. She believes people will pay $5.50 for a large bowl of noodles. Variable costs are $2.75 a bowl. F
• How do you define strategy? • Have you ever held a position that had direct responsibility for strategy formulation or execution? • What was your role in strategy for that
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Describe your role as an employee of an organization in the IS field. Give examples of what you need to know about information systems and how it can help with your job performance
Project managers frequently face competing constraints. Identify these common constraints and describe approaches that project managers can use to make the trade-offs required to s
If elasticity is -2, price is $10, and marginal cost is $8, should you raise or lower price?
Is the Human Resource strategic partner's specialized approach a little boring to the employees and the organization?
Paradise land management case study
The service facility is a combination of
What is Implementation of Operations and how it is being done? Implementation is the procedure of performing the planned functions. Planning processes includes estimating, routing and loading while dispatching and progressing are processes which are performed while manufacturing is going on. Former one is planning and the latter is controlling function. By combining both the things the process generated is implementation. 1. Estimating means the quantities that are estimated to be made at each workstation depending on the sales forecast, provision for buffer stock, quantities bought out, etc. It is done on the base of capacity. 2. Routing, which determines the sequence of operations and the machines for smooth working and minimum inventory?3. Scheduling refers to allocating time slots for different jobs that when job is start and when it ends. 4. Dispatching is a process concerned with real moving of the materials with tools, jigs and fixtures to specific machines along with drawings and ensuring inspections at exact nodes, so that the materials shift in the supply chain.5. Expediting is done to ensure that all is done properlyWhat are the tools used for implementation?1. GANTT charts – One of the tools which is used to record progress by comparing the actual aligned with the planned activities and keep trail of the flow of the material. 2. Line balancing and line of balance - are two tools that make sure that machining centers are loaded uniformly so as to prevent build up stocks at intermediary stages. 3. Simulation models - are used to forecast use of machines and production levels. 4. Inventory models – which makes one determine when to order, how many to order and also give us an approaching to the risks and opportunities that come up for our concern. 5. ERP software - SAP have numerous components that store, sort and analyze data and make them accessible to the staff across the earth in many plants permitting managers to modernize their operations.
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