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To compete more effectively, your organization is considering a profit sharing plan to increase employee effort and to encourage employees to think like owners. What are the potential advantages and disadvantages of such a plan? Would the profit sharing plan have the same effect on all types of employees? Is the size of your organization an important consideration? Why? What alternative pay programs might be considered?
discuss the evolution of operations management in the last 10 years
10 person assembly line, 160 valves produced during 8 hour shift, calculate the labour productivity
Choose an Operations Management problem relating to an organisation with which you are familiar and undertake a critical review. This should include (indicative marks provided):
A two year sales history by quarter for a seasonal product is given below. Sales Quarter First Year Second Year 1 30 42 2 48 58 3 60 74 4 35 44 a) Using Winter's
At a decision point in a decision tree, which machine would you select when trying to maximize payoff when the anticipated benefit of selecting machine A is $45,000 with a probabil
Evolution of the supply chain Procurement, materials management and logistics management activities can be combined by the integration of software packages such as ERP. For m
1 Address the following questions and concepts: 1) Describe one attribute or capacity of servant leadership and explain how and where you might apply this pri
Q 1 The capability index (Cpk) calculates the percentage of items being produced within specifications. Q 2 Design quality in products refers to the degree to which a product or
Toon Town Toy Company is considering the elimination of its Packaging Department. Management has received an offer from an outside firm to supply all Toon Town's packaging needs. T
Diagram the process in a manner similar
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