Reference no: EM131282166
Learning Outcomes to be assessed in this assessment
- Identify and solve decision problems related to the various operations functions, like capacity, demand forecasting, project management, and inventory control.
- Differentiate the different techniques and use the appropriate technique in problem solving within operations management.Answer all the questions using appropriate examples. All the questions carry equal marks (4x20=80)
1. Elaborate the advantages of using capacity management for solving capacity issues in any organization
2. What is forecasting and how does it help in solving problems in an organization
3. Elucidate on using Break even analysis as a mechanism of solving issues in an organization
4. Highlight the key issues faced by a manufacturing company in their day to day operations. Consider taking an example of a manufacturing company in Oman.
Referencing will carry 20 marks
Management practices of planning-leading
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Located facility instead of several smaller
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The hiring process and managing a diverse workforce
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Analyze financing mix and cost associate with recommendation
: Identify and compare interest rates, both short-term and long-term, using debt and equity. Analyze the financing mix (short/long) and the cost associated with the recommendation.
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Mechanism of solving issues in an organization
: Operations Management - BUSS1501 - Elaborate the advantages of using capacity management for solving capacity issues in any organization and what is forecasting and how does it help in solving problems in an organization
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Construct the signal constellation for given pair of signals
: Figure shows a pair of signals s1(t) and s2(t) that satisfy this definition. Construct the signal constellation for this pair of signals.
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Describe with examples how the cost of capital is determined
: Explain with examples how the cost of capital is determined. Calculate the differences in cost and risk. Explain why the costs and risks of external financing are important for the organization to understand.
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Describe non-financial measures that should be important
: Describe the non-financial measures that should be considered and are important to the success of an organization. Explain why these measures should also be considered in the strategic initiatives of the organization.
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Construct signal constellation for the biorthogonal signals
: The extension of orthogonal to biorthogonal signals leaves the dimensionality of the signal space unchanged. Explain how.
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