Operations Management

Solution Library


Powerpoint Presentation On How Purchasing Supports Organizational Goals And Strategies

Question Make a Powerpoint presentation that addresses how purchasing supports an organizational goals and strategies. Analyze a real-world case by answering these questions. A. Describe purchasing strategy and how it relates to the organization’s strategy B. Describe purchasing strategy an ... Read More

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Prepare A Powerpoint Presentation On Risk Assessment In Operations Management

Question Make a small Powerpoint presentation about risk assessment in operations management. As operations and project managers it is difficult to assess the risk associated with a project. Anytime we can identify potential risks we can begin to figure out how to react should the risk event occur. ... Read More

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Develop Information On Alternatives With Maximax, Maximin, And LaPlace

Question A decision-maker is using the maximax, maximin, and LaPlace criteria for the problem below. Develop the information and identify the possible decisions for each method.   States of nature   1 2 3 Alternative A 50 55 60 ... Read More

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Discuss The Reasons For Choosing EMV Options

Question What is the EMV for Option 1 and 2 in the following decision table? Which one would you choose and why?   States of nature Alternatives S1 S2 p .3 .7 Option 1 15,000 20,000 Option 2 10,000 30,000 ... Read More

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Choosing Between Options With Maximin Criteria

Question The construction manager for Acme Construction, Inc. must decide whether to build single family homes, apartments, or condominiums. This is not a product-mix problem, but an all-or nothing decision. He will hire workers and rent equipment appropriate for one action only. He estimates annua ... Read More

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Construct Cause And Effect Diagram For Business

Question A refrigeration and heating company—one that installs and repairs home central air and heating systems—has asked your advice on how to analyze their service quality. They have logged customer complaints. Here's a recent sampling. Construct a conventional cause-and-effect (aka: ... Read More

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Describe How Statistical Process Control Method Is Selected

Question Describe how a statistical process control method is selected.   Summary The question belongs to Operations Management and it discusses about statistical process control method and how it is selected. Total Word Count 524 ... Read More

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Calculate Upper And Lower Limits To Determine Process Is In Control

Question Cartons of Plaster of Paris are supposed to weigh exactly 32 oz. Inspectors want to develop process control charts. They take ten samples of six boxes each and weigh them. Based on the following data, compute the lower and upper control limits and determine whether the process is in contro ... Read More

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Developing Control Charts To Assess Quality Of Product

Question McDaniel Shipyards wants to develop control charts to assess the quality of its steel plate. They take ten sheets of 1" steel plate and compute the number of cosmetic flaws on each roll. Each sheet is 20' by 100'. Based on the following data, develop limits for the control chart, plot the ... Read More

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Discuss About Process Mapping And How it Can Help In Improving A Process

Question Process mapping simply involves describing processes in terms of how the activities within the process relate to each other. There are many techniques which can be used for process mapping (or process blueprinting or process analysis, as it is sometimes called). However, all the techniques ... Read More

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Best Ways For Implementing Lean Production

Question Is there a best way to implement lean?   Summary The question belongs to Operations Management and it discusses about the best ways to implement lean production strategy. Total Word Count 973 ... Read More

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Discuss Whether Or Not Lean Implementation Is Suitable For All Organizations

Question Are all organisations suitable for lean implementation?   Summary The question belongs to Operations Management and it discusses whether or not all organizations are suitable for lean implementation. Total Word Count 1027 ... Read More

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