Q2. Discuss different types of Operations Strategies and different types of production strategies with example
Q: volkswagen Operations Strategy Product Design In 1945, a rare and curious Volkswagen car was shipped…
A: Development of sustainable, connected, safe, and personalized mobility solutions for future…
Q: In a new company, what role do you think technology will play?
A: Technology refers to a process innovation which results into betterment and advancement of the…
Q: What is a project? b. How is a project different from what most people do in their day-to-day jobs?…
A: Project management is all about overseeing all the activities that are related to the project and it…
Q: I need d) e) and f)
A: Rate of return = Annual IncomeFunds invested×100 Rate of return = 600001200000×100=0.05×100=5%
Q: Letherin Hides is a company that makes boots specifically targeting college students. Forecasts of…
A: Since details to backlog allowable or not we cant assume backlogs are allowed hence produce atleast…
Q: Is executive compensation excessive or appropriate?
A: Executives compensation refers the system of reimbursement of the compensation to the employees of…
Q: 1. Strategic alliances are common in international marketing. A great example of strategic alliances…
A: Note -Hi! Thank you for the question As per the honour code, We’ll answer the first question since…
Q: Problem Chick-n-Gravy Dinner Line The operations manager of a firm that produces frozen dinners had…
A: Production management is described as the process through which various business activities are…
Q: Hyundai Motors is considering three sites-A, B, and .•• 8.18 C-at which to locate a factory to build…
A: Break even crossover point identifying the number of units which specifying equal profit for each…
Q: Give three reasons why a lean business canvas is a useful tool for social entrepreneurs
A: Lean Canvas is an arranging technique that assists you with getting to the core of your thought. It…
Q: 1 The cost of waiting is estimated to be about an average of $20 per hour. Each pump cost about…
A: Mean arrival rate λ = 60 customers per hour Mean service rate μ = 15 customers per hour per server…
Q: on should be taken in th
A: The use of Stock receipts helps you keep track of vendor work. Product amount, delivery time, and…
Q: Spencer Enterprises is attempting to choose among a series of new investment alternatives. The…
A:
Q: Any time you transact in the market (e.g., with another company) there are costs associated with…
A: Transaction taking place between company to company is known as C to C commerce where two or more…
Q: What are the methods available t
A: When calculating the expected value of perfect knowledge (EVPI), what is the right formula to use?…
Q: In a Lean approach to supply chains, product (material) in storage is considered Waste. True False
A: Inventory is the raw materials or resources and finished products that are stored in the storage…
Q: Discuss how do consumers exercise the word PRODUCT CONTAMINATION. Present an example to discuss…
A: Consumers have a right to expect safe and high-quality foods when they buy and consume them. They…
Q: Delimitation in terms of organizational behavior or hu
A: Human Resource management is the administration of work and individuals towards wanted closes, is a…
Q: Question 10 Pulling this together.using the same data as the last few problems.A new logistics…
A: Kindly find the solution to question 10 in Step 2. THANKS!
Q: Compare and contrast the Market-Based economic system vs. the Collective-Ownership system.
A: Market based economies utilize private ownership for the production and voluntary…
Q: What are the organizational implications of introducing e-procurement?
A: It is a B to B process and is helpful in purchasing, ordering etc of the goods on online platform.…
Q: 8:28 a bux.bracu.ac.bd Let us consider the case of Venezuela. A tariff is imposed on imported…
A: A duty is a toll put on products imports and commodities by the public authority of a nation or a…
Q: Eight Flags operates several amusement parks in the Midwest. The company stocks machine oil to…
A: Total annual cost TC = Material costs + Freight cost + Inventory cost + administrative costs…
Q: Q1: Benefits are the reasons why customers will decide to buy the products. False True Q2: The…
A: Production is the process of transforming the raw material into the finished products and services…
Q: Explain with the help of an pharmacy as an example the dimensions of quality in getting a…
A: To be determined: Explain with the help of an pharmacy as an example the dimensions of quality in…
Q: How does Unilever measure productivity? What are the main areas that are essential to improving…
A: Unilever measures productivity by measuring output by measuring the past Performace level of the…
Q: 1. Which type of software dominates the supply chain management environment? a. Transaction…
A: Supply-chain-management software often called SCMS can be stated as the software equipment or tools…
Q: The sources of discrimination include all of the following, with the exception of: employers. male…
A: Discrimination refers to difference caused due to the gender inequality, caste,religion, nationality…
Q: Describe how the SAP ERP system distinguishes between a task, a job, and a person.
A: SAP ERP seems to be a piece of enterprise resource planning system created by SAP SE. ERP software,…
Q: Based on your experience (or your research), why do you think scheduling issues often cause great…
A: Project manager is the person who guides, supervise, and control the project team members.
Q: What are the two (2) most important times when a marketer wants possible customers to think about…
A: A marketing tactics refers to a strategy in which the company market its products in such a way that…
Q: The process of balancing an assembly line determines the ____ of the line. 1. Actual output 2.…
A: The process of balancing assembly line aims to distribute the tasks in such a way so that…
Q: 10. Recall the Innis Investments problem (Chapter 2, Problem 39). Letting S = units purchased in the…
A: Since you have submitted a question with multiple subparts as per guidelines, we have answered the…
Q: How is fixed labor different from variable labor?
A: Variable Labor Any expenses that alter depending on how much a firm produces and sells are known as…
Q: cts are incomplete:
A: An improvement in employer's ability to monitor effort will decrease employment rents It was a false…
Q: Evaluate how the most common lean tools can be applied to eliminate waste in a manufacturing process
A: A lean system is a system in which different lean principles of eliminating manufacturing wastes and…
Q: In the information age, IT is the driving force. IT's role and influence, on the other hand, remain…
A: Information technology plays a major role in the operational effectiveness and the efficiency of…
Q: Tesla' mission changed to " To accelerate the World's transition to renewable energy" .. a) How…
A: A firm like Tesla Inc. has pushed automobile innovation to a new level. New electric automobiles are…
Q: The final step in the strategic management process is implementing the objectives. State true or…
A: Strategic management process is a process in which firms tries different combinations of strategies…
Q: Give reasons why does method analyses are needed and how is methods analysis relates to productivity…
A: It is the study of how a task is carried out that is called method analysis. In contrast to job…
Q: Tyler bakes Cookies (C) and Breads (B) with the help of two ovens in his little bakery. The time…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: In contrast, India’s Tata Motors was moving forward with a strategy focused on small inexpensive…
A: As the objectives of the individuals are rising, Tata definite to execute a small automobile that…
Q: order of importance? Talent (ability), experience (time on job), relationships (who they know),…
A: Job appraisal is a hard but crucial step in attaining wage equity. A job assessment is a systematic…
Q: 8.25. Describe the differences between a process flowchart and a worker-machine chart and what they…
A: 8.25 • A process flowchart is a graphical representation that depicts the consecutive steps and the…
Q: Why should product description easy to scan?
A: Product description is the portrayal of the item you are selling which contains additionally great…
Q: A quality circle holds a brainstorming session and attempts to identify the factors responsible for…
A: For a product where quality flaws have occurred or are yet to occur the initial step necessary is to…
Q: Whether doing research, it's critical to recognise when to use primary or secondary sources of…
A: In order to conduct a research, there are two different type of sources of data that can be used in…
Q: if drivers wanting to fill up their cars arrive randomly at another gas station across the street at…
A:
Q: How important for an entrepreneur to consider the 4Ms of operation?
A: 4Ms refers to the issues or causes that can affect the production or manufacturing process of the…
Q2. Discuss different types of Operations Strategies and different types of production strategies with example
Step by step
Solved in 5 steps
- b) What are the components of service package! S. Prepare an aggregate plan for the following information of demand forecast as given in the table below. Period 1 Demand (units) 55 2 49 Regular Production Cost Overtime production Cost Regular Production capacity 3 60 4 57 5 45 : Rs 60 per unit : Rs 80 per unit : 50 units per period : Rs 5 per unit per period Inventory cost Overtime Production capacity: 10 Units per period : Rs 150 per unit : Unlimited : Nil 6 60 7 8 50 65 9 55 Subcontracting cost Subcontracting capacity Beginning Inventory Use regular production and supplement using inventory, overtime and subcontracting.Part 1. Assessed PLO: To recognize the contribution of operations management to an organization’s strategic goals Q1. List 6 ways in which poor operational performance can impact the overall success of the company. When there is poor operational performance involved in a companies management Q2. Give examples of factors influencing capacity, using the six categories presented in class. Q3. Give one example of operations management strategic goals in each four categories using the BSC template, including the goals, measures, targets and initiatives#3 - At Freeze Inc. the manufacturing of each air conditioning has a variable cost of $400 per unit and it takes place in a facility that has a monthly fixed cost of $200,000. a. If Freeze Inc. sells each unit at $1,200 how many units do they need to sell every month to break-even? b. What is the monthly revenue at the break-even point? с. What is the monthly variable cost at the break-even point? d. What is the total operating cost at the break-even point? e. If Freeze Inc. sells 1,000 units at $1,000 each on a given month, calculate the profit. acer
- 1. The Kintampo Tourist Resort (KTR) is one of Ghana’s best holiday centers and sells a special type of souvenir called Expensive. As you might expect, the demand for Expensive is highly seasonal as tourist centers exhibit a highly seasonal attraction pattern, with peaks during the summer months. The following forecasts are available for Expensive.Inventory carrying cost = GH¢3 per piece per quarter Production per employee = 1000 piece per quarter Regular workforce = 50 workersCost of regular production = GH¢50 per piece Hiring cost per employee = GH¢75Firing cost per employee = GH¢100 The management of KTR does not wish to use Level production nor Chase Demand but wants to adopt one of the following strategies:Strategy I: Produce 71,000 pieces in Quarter 1, Produce 151,000pieces in Quarter 2, Produce 200,000 pieces in Quarter 3,and Produce 30,000 pieces in Quarter 4.Strategy II: Produce 51,000 pieces in Quarter 1, Produce 161,000pieces in Quarter 2, Produce 210,000 pieces in Quarter…Q3) The Travel Luggage Company "LugPro" designs and manufactures several different styles of soft- and hardcover luggage, briefcases, hanging bags, and purses. The company has production facilities in two locations. Average monthly cost data and output levels are as follows. Dubai Abu Dhabi Finished Goods 240000 300000 Labor Cost 32000 35000 Material Cost 25000 30000 Energy Cost 1000 1500 Revt Cost 1000 2000 a. Which factory has the highest labor productivity? b. Which factory has the highest multi-factor productivity? c. Give two examples reasons that explains productivity difference between these factories.2a. An analysis of Revere Beach Corporation's operating income changes between 2021 and 2022 show the following: Operating income for 2021 $4,750,000 Add growth component 180,000 Deduct price-recovery component (60,000) Add productivity component 285,000 Operating income for 2022 $5,155,000 Required: Is Revere's operating income gain consistent with the product differentiation or cost leadership strategy? Explain briefly. 2b. An analysis of Terbolt Corporation's operating income changes between 2021 and 2022 show the following: Operating income for 2021 $4,750,000 Add growth component 75,000 Add price-recovery component 398,000 Deduct productivity component (50,000) Operating income for 2022…
- Problem 1 Magic Corporation fabricates and sales electronic devices. Below is information about one of their products, the most popular one. Units sold Sales price each Total labour hours Wage rate Total materials Total energy 4,868 $5,100 82,341 $13/hour $17,500 $7,500 a. Calculate the productivity in sales revenue/labour expense for this product. b. Calculate the total productivity in sales revenue/total expenses for this product.Questions1) How is the output of a standard breakeven analysis model interpreted to yield the make-or-buy decision? What critical strategic factors should an operations manager consider in ensuring the efficacy of any outsourcing decision beyond just cost? In your answer provide an example to illustrate the key points that you are making.Qn 1.. Assume that total output is determined by the formula:Total Output = Number of Workers x Productivity(a) If the workforce is growing by 1 percent a year but productivity doesn’timprove, how fast can output increase?(b) If productivity increases by 3 percent and the number of workers increases by1 percent a year, how fast will output grow?