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Question 1:
What are the various decisions Operations Managers are called upon to make in the manufacturing and service Industries for the various operational areas under his responsibility. Give suitable examples in each area.
Question 2:
(a) Explain the concept of Just In Time (JIT).
(b) Define briefly JIT Inventory Control System.
(c) List and weigh the important decision before launching a warehouse.
Question 3:
(a) Explain the concept of supply chain management.
(b) What changes have companies made to respond to the supply chain management concept?
Discuss why variable pay-for-performance plans have become popular and what elements are needed to make them successful.
Karen Villagomez, president of Wright Industries, is considering whether to build a manufacturing plant in the Ozarks. Her decision is summarized in the following table: Alternativ
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Why are company/organizational politics important to a manager?
Measuring the impact of a capital acquisition on productivity is an example of multifactor productivity.
The local convenience store makes bread. Currently, their oven can produce 50 pieces of bread per hour. It has a fixed cost of $2,000, and a variable cost of $0.25 per bread. The o
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Clampitt presented a communication model for his first 2 approaches to communication as related to managers; Arrow & Circuit. What communication model best describes his Dance Appr
The issue of fraud must be considered when managing risk as it could present a major liability to the organization. Fraud is an act that requires an aggressive response and correct
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