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(a) Supply chain management is the integration of the activities that procure materials and services, transform them into intermediate goods and the final product, and deliver the
Determining Operations Strategy - Traditional and Emerging Approaches Three known and acknowledged procedures are presented here: the Hill, Platts and Gregory, and the Slack
Exercise 2: Use of a Grid Analysis (Weighted Scoring Model) to Help Make the North American Plant Location Decision for the RX 330 This exercise illustrates how when deciding among
Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the prod
What behavioural predictions might you make if you know that an employee had an external locus of control? If an employee had a high need for achievement? If an employee had a low
U.S. v. Farraj contended that he transmitted information, not goods. Do you think that position is correct? Q2) Phillips v. Budget Rent-a-Car Answer the question "Is Budget Rent-a-
Q. A textile manufacturer is interested in optimally determined inventories for cutting operations for a children’s product line. The production manager would like to establish th
what is the symptoms of bad layout
techniques & applicationa
The purpose of the project is to evaluate the performance of a bank holding company of your choice. 1. Choose a bank holding company. You can choose from Top 50 BHCs or find a b
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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