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Question : (a) Show how operations management can contribute to the success of an organization. (b) Explain the factors determining the sequencing of jobs. ( c) A machin
Under what kinds of circumstances might an organization wish to use control limits of 2 standard deviations or even 1 standard deviation? What should it bear in mind when using the
Analyze the strategic role of operations management in terms of organizational and operational objectives.
CRM: targeting and discriminating? Are they ethical?
An urn contains nine white balls and 11 black balls. A ball is drawn and replaced. If the ball is white your opponent pays you 25 cents. If it is black you pay him 25 cents. You ha
What is the present value of $10000 to be received 20 years from now , if the principle is invested at 8% per year, compounded annually ?
A company is considering whether to replace a machine. The old machine costs $90,000 and is being depreciated at 10% per annum using the straight line method. It is written down va
ACME University is hiring a new basketball coach for its men's basketball team. Carla Coach applies for the position. An official of the University contacts Carla and tells her tha
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine
What do you understand by “line balancing”? What happens if balance doesn’t exist?.
Line Balancing- Line: an assembly line composed of various work stations, at which particular operations are performed.- To work efficiently, with no work pile-ups between stations, the line must be balanced, for example work must get through each workstation in roughly similar amount of time.Goals:1. To meet production goals,2. Maximize output.General Approaches to Line Balancing Technique1. Estimating number of operators for a specific number of stations,2. Work element sharing: grouping “activities” each work elements into “stations” or jobs performed by a single person (occasionally multiple people work in concert at a single station or machine)
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