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Variations in Volume, Variety and Flexibility - Operations Function
A classification which is of particular significance for the various issues considered in this course, relates to operations volume and system flexibility. Most manufacturing companies fall into one of the four categories:
1. Project
2. Job shop
3. Batch organisation
4. Mass production (discrete products) or continuous (processes)
Operating systems can be categorised according to: volume, product variety and flexibility. Flexibility means that the organisation could cope with changing demands of volume or variety or both (see figure).
Describe cultural intelligence.
The following figures are taken from the 2003 financial statements of McDonald's and Wendy's. Figures are in million dollars. McDonalds Wendy's Inventory $129.4 $54.4 Reve
Characterize the bacterial and bacterial-like STIs, focusing on infectious agents and manifestations
Consider the following batch-flow process consisting of three process steps performed by three machines: STEP 1 Processing Time: 0.25 Min/Part Processing Time: 0.20 Min/Part Pro
What are the types of the workforce flexibility? Types of workforce flexibility: a. Functional flexibility (task flexibility or multi-skilled employees) b. Financial f
Identifying Opportunities Select a company described in the Wall Street Journal, Fortune, Forbes, or another reputable business application. Visit the company%u2019s Web site to
What is the goal of optimal mix?
In the table given below the Distribution Manager is expected to service these DCs as per the demands placed. If the actual sales after completing week one is as follows, what woul
It is Monday 3rd of June and Sarah is delighted that at the end of last week her staff managed to finish all the outstanding jobs. Sarah is in charge of a proofreading department a
Where is Performance Appraisal help? Performance Appraisal assists in operational decision making in personnel management gives clues to management for effecting improvements i
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