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The five decision areas in operations management are
Question 8 options:
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planning, technology, inventory, control, and services. |
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process, quality, technology, capacity, and production. |
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process, quality, capacity, inventory, and supply chain. |
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None of these choices are correct. |
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- OPERATIONS MANAGEMENT A retail shopping chain decided to improve its customer service, productivity and reduce its transportation costs by shifting its existing central warehouse to a new location. For this purpose, the company collected data of its existing three retail shops as shown in Table 1. Table-1 Sales Volume X and Y Coordinates Location (in Units) of the location Location - 1 36 (8, 4) Location – II 29 (4, 9) Location IlI 15 (5, 5) Question-1: Evaluate the data in Table - 1 to arrive at the coordinates of new central warehouse which is supposed to be optimum and improve the productivity of this retail chain Explain all the steps. A grocery shop based in UAE found that its inventory strategy of ordering the raw material is not appropriate. Due to this, the company's productivity has been consistently decreasing in the recent past and the production also stopped many times due to the non-availability of raw material and increased the stock-out costs and total inventory cost.…Please provide the strengths and weakness of Amazon following the criteria in the imagesNote- need correct option without explanation as fast as possible!! Which of the following is the least likely decision to be made by Operations Managers? A)How much capacity is required to balance demand B)Designing and improving the jobs of the workforce C)Selecting the location and layout of a facility D)How to use quality techniques to reduce waste E)Deciding which market areas to manufacture products for
- 4. What is meant by the expressions order winners and order qualifiers? What was the order winner(s) for your last purchase of a product or service?1) Create a business scenario/description. 2) Based on the business description created, construct an Order Processing flow chart that is appropriate for the business.The owner of a large machine ship has just finished its financial analysis from the prior fiscal year. The following is an excerps from the final report. Net revenue Cost of goods sold Value of production materials on hand $41,500 Value of work-in-process inventory $31,000 Value of finished goods on hand a. Compute the inventory turnover ratio (ITR). b. Compute the weeks of supply (WS). $22,500 $500,000 $328,250
- Problem 16-15 (Algo) The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Net revenue $ 378,000 Cost of goods sold 323,000 Value of production materials on hand 42,500 Value of work-in-process inventory 55,000 Value of finished goods on hand 21,500 Compute the inventory turnover ratio (ITR). (Round your answer to 1 decimal place.) Compute the weeks of supply (WS). (Do not round intermediate calculations. Round your answer to 1 decimal place.)Explain what is meant by adaptive smoothing in operations ?The following data for 2021 are available for Canlubang AutomotiveCompany which manufactures and sells a single automotive product line.Unit selling price = 4Unit variable cost = 20Total fixed cost = 200,000a.) What is the break-even point in units for the current year?b.) Prepare a break-even chart for the operation in 2021 intervals of 5,000 units from 5,000to 30,000 units (show complete solution)
- AnaCarolina and Jaco, executive managers at Duke Manufacturing, are tasked with determining appropriate performance metrics for the customer perspective of Duke's balanced scorecard. Which of the following is the best metric for this situation? a. material price variance b. operating throughout c. number of returns due to incorrect products shipped in response to orders d. return on investmentSubject is business certificate 4. Book: Address customer needs: In about 500 words explain what other rights and responsibilities service staff might need to explain to customers.4) In Operations Management, Business Operations Needs to be Efficient Both Effective and Efficient None Effective 5) Which one of the below is suitable for day-to-day decision making Tactical Operational Planning and Control Strategic 6) In Airline Industry, the Input is Pilot Crew Members All the above Passengers
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