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"Operations Management Applications" Please respond to the following:
· Evaluate different operations management principles and techniques that can make businesses more profitable today.
· Select one service company of your choice and discuss at least three operations management challenges the company is facing.
· Suggest ways to confront the challenges and provide suggestions that can untimely improve sustainability in its value chain.
"The Value Chain Concept" Please respond to the following:
· Describe a customer experience you have personally encountered where the goods or service or both were unsatisfactory (such as defective products, mistakes, poor service, and so on).
· Suggest ways for the organization to improve its goods / service. Determine the element(s) of operations management that must be reevaluated.
Illustrate what do you think of a screening process like this. Specifically, illustrate what do you think are its pros also cons. Would you recommend a procedure like this. If so, illustrate what changes, if any, would you recommend.
Select the three factors of an organization's culture that you feel are important to successfully implement a new strategy. Provide a rationale for your response.
Assume Ed can invest his money at 6% for six months in an ordinary annuity.
The Lo Tech Co. just issued a dividend of $2.30 per share on its common stock. The company is expected to maintain a constant 7 percent growth rate in its dividends indefinitely.
Why is it important for managers to understand the external environment components?Why or why not?
The production process is most efficient when 12 units per day are produced at a cost of $119 per unit. Setup cost is $39. Inventory carrying cost at Johnson is determined to be 8 percent annually.
Identify an organization that uses the Six Sigma DMAIC improvement approach. Describe in a short paper some of the ways that this organization has applied DMAIC and the results it has achieved.
within the discussion board area write 250-300 words that respond to the following questions with your thoughts ideas
What will the multifactor productivity of the deli be if a new employee is hired?
a request has been made of you to provide a description of each model and an explanation of why partnering with these companies would or would not create a conflict within your operations. Provide a detailed analysis of the situation in your busin..
An employee involved in a serious work accident who refuses to take an immunoassay test based on her belief in the right to privacy h) The recommendation of the union that management be given the same tests as workers.
Look for efficiencies in the factory, office, physical, procedural, and technical operations.
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