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Ques: What do you consider to be the challenges facing operations managers today?
1. Interfacing with other managerial functions
2. Dealing with increased rates of change
3. Increasing array of skills necessary
4. Changing environments - including wide range of service environments such as education, health, travel and tourism, introduction of complex information systems such as ERP increasingly demanding standards, tqm; bpr , iso 9000; iip; bs 14000 and need for continuous improvement
5. Need for constant innovation.
Suppose the length of critical path in a project is 40 days and the standard deviation is 2 days. What due date should be set for the project so that the probability of completing
Many of us have taken assessments in the past, such as the ASVAB (Armed Services Vocational Aptitude Battery) or MBTI (Myers-Briggs Type Indicator); the latter is described in your
Was there some other way to estimate the cost of equity as a check on the CAPM calculation?
Identify five key economic variables that could represent major opportunities or threats to a bank in your town or city. Identify which that you believe to be most important, and d
What do you understand by “line balancing”? What happens if balance doesn’t exist?
Explain Division of Work (or Labour). It is a famous principle of Economics, invented through Adam Smith who was the traditional economist. Fayol had advocated Division of wo
What is the difference between business and operations strategy? Answer: There is a hierarchy of strategic decision making, each focused on a different time horizon and at vary
Tracing a loop: When a closed loop is to be traced start with the empty cell which is to be evaluated ( or to be included in the solution ). Then moving clockwise draw an arrow fro
What do you understand by “line balancing”? What happens if balance doesn’t exist?..
How would an OD (organizational practitioner) attempt to change an organizations culture?
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