Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 9.5, Problem 2P
a.
Summary Introduction
Interpretation:The conflicting requirement of “Reducing WIP as well as reducing worker idle time” with respect to job shops is to be explained.
Concept Introduction:Every organization has to strive toachieve many requirements. Sometimes the steps taken for one requirement may result in opposite result for the other. In that case, one has to prioritize the more important parameter, or as it is said, optimize the results.
It may not be entirely correct to generalize these as conflicting requirements. It may be better to call these as complementary objectives.
b.
Summary Introduction
Interpretation:The two “conflicting” requirement from a job shop i.e. “Providing high level of customer service and improving the unit efficiency” are to be explained.
Concept Introduction:Every organization has to strive toachieve many requirements. Sometimes the steps taken for one requirement may result in opposite result for the other. In that case, one has to prioritize the more important parameter, or as it is said, optimize the results.
It may not be entirely correct to generalize these as conflicting requirements. It may be better to call these as complementary objectives.
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A feasibility analysis is critical in determining a business initiative's viability and possible success. It entails assessing several elements that can impact the viability and profitability of a company proposal. A feasibility analysis is critical for Santosh Kshirsagar and his karate academy, Dragon Karate Sports. To determine the venture's sustainability and make educated decisions, Santosh needs to follow these four feasibility analysis processes; 1 - Industry market analysis - Santosh needs to assess the demand for karate classes in Kolhapur. He should analyze the target market, competition, and potential growth prospects. Understanding the market dynamics will help him identify opportunities and challenges. 2 - Product/service analysis - To ascertain the demand for karate instruction in the region where Santosh plans to open his Academy; and should do a thorough market analysis. He may start by interviewing prospective customers like…
Chapter 9 Solutions
Production and Operations Analysis, Seventh Edition
Ch. 9.5 - Prob. 1PCh. 9.5 - Prob. 2PCh. 9.5 - Prob. 3PCh. 9.5 - Prob. 4PCh. 9.5 - Prob. 5PCh. 9.6 - Prob. 6PCh. 9.6 - Prob. 7PCh. 9.6 - Prob. 8PCh. 9.6 - Prob. 9PCh. 9.6 - Prob. 10P
Ch. 9.7 - Prob. 11PCh. 9.7 - Prob. 12PCh. 9.7 - Prob. 13PCh. 9.7 - Prob. 14PCh. 9.7 - Prob. 15PCh. 9.7 - Prob. 16PCh. 9.7 - Prob. 17PCh. 9.8 - Prob. 18PCh. 9.8 - Prob. 19PCh. 9.8 - Prob. 20PCh. 9.8 - Prob. 21PCh. 9.8 - Prob. 22PCh. 9.9 - Prob. 23PCh. 9.9 - Prob. 24PCh. 9.9 - Prob. 25PCh. 9.10 - Prob. 27PCh. 9.10 - Prob. 28PCh. 9.10 - Prob. 29PCh. 9 - Prob. 30APCh. 9 - Prob. 31APCh. 9 - Prob. 32APCh. 9 - Prob. 33APCh. 9 - Prob. 34APCh. 9 - Prob. 35APCh. 9 - Prob. 36APCh. 9 - Prob. 37APCh. 9 - Prob. 38APCh. 9 - Prob. 39APCh. 9 - Prob. 40APCh. 9 - Prob. 41APCh. 9 - Prob. 42APCh. 9 - Prob. 43APCh. 9 - Prob. 44APCh. 9 - Prob. 45APCh. 9 - Prob. 46APCh. 9 - Prob. 47AP
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