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Variations in Volume, Variety and Flexibility - Operations Function
A classification which is of particular significance for the various issues considered in this course, relates to operations volume and system flexibility. Most manufacturing companies fall into one of the four categories:
1. Project
2. Job shop
3. Batch organisation
4. Mass production (discrete products) or continuous (processes)
Operating systems can be categorised according to: volume, product variety and flexibility. Flexibility means that the organisation could cope with changing demands of volume or variety or both (see figure).
K Ltd a multi product company, furnishes you the following data relating to the year 2000. First half sales Second half sales Sales Rs.45000 Rs.50000 Total cost Rs.40000 Rs.43000
The manager of a car wash received a revised price list from the vendor who supplies soap, and a promise of a shorter lead time for deliveries. Formerly the lead time was four days
Clearly-defined goals are the essence of great teamwork. Which of the following statements is most true about how goals should be articulated by teams: a. Goals should not be clear
Methodology of Operations Research
While patrolling for illegal border crossings and drug dealers, agents of the U.S. Border Patrol spotted 15 to 20 people being loaded into a van at the rear entrance to a restauran
There are two "most common causes" of business failure. What are those two causes and, more importantly, how can an entrepreneur overcome these two challenges that often plague ent
Complete the below table. Which one of these techniques would you recommend to use and indicate your rationale. Technique Ave Bias Ave MAD MSE Ave MAPE Naïve 4 Per MA Exp Smooth Th
Which of the following models uses a schematic model of the sequence of steps in a problem and the conditions and consequences of each step?
Marketers traditionally classify products on the basis of characteristics: durability, tangibility, and use (consumer or industrial). Discuss the appropriate marketing-mix strategy
Based on your analysis, select one of the five forces and explain how Bill can incorporate his analysis of that force into his Strategic Business Plan (SBP).
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