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Question:
(a) In relation to an organisation with which you are familiar, critically discuss how an operations manager can make operations different using the five operations management performance objectives.
(b) Just-in-time (JIT) or lean approaches to operations management emphasise the ideal to meet demand instantaneously, with perfect quality and no waste. Explain the Just-In-Time (JIT) philosophy of operations. Support your answer with examples from a manufacturing or service operations of your choice.
Selection is an important part of recruiting as it will ultimately lead to job offers. Which employee selection method would you recommend using? Provide an example and explain the
Johnson, Inc., a U.S.-based MNC, will need 10 million Thai baht on August 1. It is now May 1. Johnson has negotiated a non-deliverable forward contract with its bank. The reference
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Kentwood Electronics manufactures three components for stereo systems: CD players, tape decks, and stereo tuners. The wholesale price and manufacturing cost of each item are: Compo
Assuming that I am the negotiator who is tasked with a salary (on call time, step increases, overtime for captains and majors) and benefits (insurance while employed, insurance aft
At the conclusion of Baidu's final strategic planning session, Robin Li (Cofounder, Chairman, and CEO) assigned you to prepare a written report and announcement that would be prese
What is the yield to maturity of a bond that pays an 3% coupon rate, matures in 15 years, and is currently selling for $850? a.) 8.75% b.) 4.37% c.) 4.39% d.) 17.50%
Question 1: Describe the impact of product or service life cycle on operation strategy - Impact of each Stage (Introduction, development, growth, maturity, decline) - Descri
Backward scheduling - Scheduling Techniques Backward scheduling is another way of scheduling which is based on the as late possible approach with the condition that the jobs
Carl Thor - Performance Measures Carl Thor (1994) highlights the 'family of measures' concept and the alignment of measures across a company. He describes five measurement cat
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