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Question 1:
Show the nature and importance of the four logistics-related elements of customer service.
Question 2:
(a) Describe the concept of supply chain management.
(b) What changes have company made to respond to the supply chain management concept?
Question 3:
(a) Describe the Operation Management Concept.
(b) Provide a model of a Production/Operation system. Explain the input and the output of the system.
Question 4:
(a) What is the distinction between Prediction and Forecasting?
(b) Why Forecasting is important in decision making?
(c) Describe Delphi technique of Forecasting.
Question 5:
What are the various decisions operation managers are called upon to make in the manufacturing and service industries for several operation area under their responsibility. Give suitable example in each area.
Discuss the importance of the calculation and interpretation of ratios, to complete an effective financial ratio analysis?
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What are three cost-containment measures that were implemented through the collective bargaining process in 1985? Why were these considered milestones in curtailing health benefit
Illustrate how to effectively and efficiently report on the schedule of a project to the different stakeholder groups. Show calculations and provide rationale for each strategy.
Spencer Inc. has the following information for the current year: Net income = $600; Net operating profit after taxes (NOPAT) = $500; Total assets = $4,000; Short-term investments =
You are to simulate arrivals and departures from a fictional airport with a single runway which has a capacity of handling a total 6 aircraft at once (any mix of take-offs and land
Dedication of resources within an organization is Answer an indication of stockholder involvement. An unification of global resources under the parent company. One aspect of minimi
Performance Prism - Performance and Productivity Measures Neely and Adams (2000) argue that in their recent research managers and academics highlight the need for a fresh pers
What are some drawbacks and risks to a broad generic business strategy? To a focused strategy?
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