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- Accompany makes two products (1&2) each product requires time on two machines (A&B). specification for each product is as follows. Product1 product2 Processing time on Machine A (hrs/unit) 2 2 Processing time on Machine B (hrs/unit) 1 2 Material and labour cost ( ksh/unit) 14 15 Selling price (ksh/unit) 16 18 Maximum possible sale (units) 130 150 The amount of time available on machine A is 360 hours and on machine B is 260 hours. Formulate the linear programme which, when…Management Information Systems 1 1. Explain which of the conversion methods would be suitable for the following. Justify your choice: Upgrading the software for an Automatic Banking Machine (ABM/ATM) Adding a new inventory system along with new computerized cash registers in a supermarket Implementing a student course management system in a university 2. List four reasons why your participation as a user of an information system is critical during the systems development life cycle, linking the concepts of user involvement and change management in a software implementation project. 3. Why is it so important to understand how a business process works when trying to develop a new information system? In the context of the impact of a change on an organization, How would you characterize the following changes? Adding electronic scoreboards to a cricket grounds. A Telco consolidating call centres in one country. A Telco installing fibre-to-the-home to replace copper wires. A Telco…Short Questions: 6. What are principles of QMS? 7. What is the purpose of inventory in operations management? 8. What is the difference between horizontal and vertical integration? 9. What does scope of operation means? 10. What are forecasting model? 11. Why forecasting is importance for business success? Describe briefly. 12. What is SIPOC analysis? 13. Define briefly productivity and its types. 14. What are the types of capacity management? 15. Define the following terms a. Muda b. Mura c. Muri.
- 1. Which type of software dominates the supply chain management environment? a. Transaction processing b. E-Collaboration c. Front Office Systems d. Enterprise Resource Planning (ERP) 2. Generating alternative initial designs would most likely be done during which phase? a. Design b. Intelligence c. Implementation d. Choice 3. The difference between front and back office systems is a. Front office systems are external systems, back office systems are internal b. Front office systems are web based, back office systems are built on database systems c. Front office systems process information at the beginning of a customer's transaction, back office systems process information at the end of a customer's transaction. d. Front office systems focus on getting the sales, back office systems focus on follow up 4. A company's decision to diversify into new products and markets is an example of a a. Structured decision b. Non structured decision c. Recurring decision d. Individual decision Page…5-29. Examine PE Table 5-1. Are there any requirements or constraints that you can think of that were overlooked? List them.PROBLEM-3) The Sales&Operations (S&OP) process is designed to produce a plan that all departmentswithin the organization, as well as suppliers to the organization, can work. The process is also sometimes referred toas sales, inventory, and operations planning (SIOP) to emphasize the important role that inventory can play as abuffer between sales planning and operations planning. The S&OP department of the XYZ company, that producesKLM products, estimates the sales over the next six years in thousands of packages will be as follows: Assume that each worker stays on the job for at least one year and XYZ currently has eight workers. XYZ estimatesthat they will have 600000 packages on hand at the end of the current year. Assume that, on average, eachworker is paid TL 60000 per year and is responsible for producing 80000 packages. Inventory costs have beenestimated to be 20 KRS per package per year, and shortages are not allowed. XYZ estimates that it costs TL 2500for each…
- 4b. Manufacturing What are three business strategies that can be used in a manufacturing company?Fill in the blank question: Q. APM is known as _______________ Management.economics of using mechaniz The following are the different phases in the analytical approach and process. Ind k. Establishment of budgetary c h Evaluation of the applicability Preparation of accounting syt d. The primary purpose of MAS is to improve the client firm's use of its capabal Exercise 2: Classification of Services and finance funetions: a Job evaluation and administration Industrial engineering e. Development of management-oriented accounting reporting system d Operations research e Investment management E Development of compensation programs g. Management or operations audit equipment i. and procedures manual i Revision of pension plans of 1. Marketing Cost reduction studies m. Exercise 3: Phases in the Analytical Approach and Process the sequence in which they are performed by writing the corresponding number of If it is not included, write NA. Advising and providing technical assistance in implementing recommendations Seeking and identifying objectives Evaluating and…
- 1. Describe the product Package of Primer Inc. by Identifying the tangible and non-tangible (service) components.2. From an operations management position, why is the company able to charge premium prices? Why are customers willing to pay the premium price?3. Describe the operations of Primer Inc. in terms of the four Vs (Volume, Variety, Variability, and visibility), indicating whether each variable is high or low, and its implication for strategy.4. Explain the role of the following functional areas in supporting the organization’s current operations strategya. Procurementb. Financec. Marketingd. Human Resource Management5. How should each of the following Strategic Operations Management decisions be managed to ensure the success of the company.a. Product and service designb. Managing Qualityc. Process strategyd. Location strategye. Layout Strategyf. Human resourcesg. Supply chain managementh. Inventory Managementi. Schedulingj. MaintenanceExplain how can minimization be performed with simplex methods ?1. 1. Resource management deals primarily with managing inventories in a value chain. 2. Aggregate planning and disaggregation methods in goods-producing industries involve fewer levels of planning than service-providing organizations, because service organizations deal with more than just materials. 3. Service firms frequently take their aggregate plans and disaggregate them down to the execution level as detailed front-line staff and resources schedules, job sequences and service encounter execution. 4. An example of aggregation would be an ice cream manufacturer developing targets for the number of gallons of each flavor to produce along with purchasing requirements for specific ingredients. 5. “Level 3” planning represents aggregate planning at higher management levels of an organization.with managing inventories in a value chain. 2. Aggregate planning and disaggregation methods in goods-producing industries involve fewer levels of planning than service-providing…