Premium Essay

Om Assignment

In: Business and Management

Submitted By safa
Words 4902
Pages 20
Master of Business Administration

International Programme

OPERATIONS MANAGEMENT

ASSIGNMENT

OCTOBER 2010 – SEPTEMBER 2011

Sections: Page

1
Course Overview 2

2 Assignment topics
4

3 Writing up your assignment (Individual or Group)
7
4
Guide to approaching case studies 12

Class title Operations Management
Credits 10

Class aims
Operations Management refers to those activities which are more or less directly concerned with the creation and delivery of goods and services. The course is intended to give you a theoretical framework for thinking about operations in both manufacturing and service contexts and to describe some practical applications of operations management. In the course we will address key aspects of design, planning and control of operations systems, and to provide an understanding of the operations function in a global context.

Learning outcomes
Subject specific knowledge and skills including:

• Understand the history of Operations Management as a subject and consider the challenges facing Operations in future with particular reference to service operations, value adding and sustainable competition.
• Understand the need for an Operations Strategy to operate with a Business Strategy
• Describe Operational strategies in terms of Fit, Sustainability and Risk
• Assess the choices and trade-offs inherent in developing an operations strategy (assessment of alternative strategies)
• Describe the nature of operations as an integrative function and the significance of information, change management, innovation and management of systems
• Understand the issues of integration of the operations with other management functions; the different approaches which may be taken in the design of products, services and processes
• Know the strengths and weakness

Similar Documents

Free Essay

Om Assignment

...Question (1): Assume a 45-hr/week and an hourly wage of €21. Material cost is €15 per running meter and the standard inventory value of output is €173 per unit. Overhead is charged weekly at the rate of €1838 and 0.75 times direct cost. Week | 1 | 2 | 3 | 4 | Output | 636 | 576 | 624 | 644 | Workers | 12 | 11 | 11 | 9 | Material (meter) | 4125 | 3675 | 3930 | 4035 | A. Briefly explain the concept of productivity? Productivity Productivity is a measure of the rate at which outputs of goods and services are produced per unit of input (labor, capital, raw materials, etc.). It is calculated as the ratio of the amount of outputs produced to some measure of the amount of input used. Productivity = Quantity of goods and services produced Amount of resources used As the equation indicates, there are two variables in measuring productivity- the amount of production and amount of resources used. Productivity varies with the amount of production relative to the amount of resources used. Productivity can be increased in several ways, which Are given below here- 1. Increase production using the same or a smaller amount of resources. 2. Reduce the amount of resources used while keeping the same production or increasing it. 3. Allow the amount of resources used to increase c production increases more. 4. Allow production to decrease as long as...

Words: 2568 - Pages: 11

Free Essay

India

...Jhalak Dikhhla Jaa Show Type : Dance Reality Show, Show Timing : Sat - Sun 9:00 pm Created by : Synergy Communications Judges : Madhuri Dixit, Karan Johar, Remo D'Souza , Director: Priya Wagal, Producer(s) : BBC India, Production company(s) : Big Synergy. Dance Ke Superkids – Battle of the Baaps Show Type : Reality, Dance, Show Timing : Sat - Sun 9:00 pm Created by : TRP (The Right Picture) ,Judges : Geeta, Marzi & Farah Khan. Anchor : Jay Bhanushali & Shreya Acharya Producer(s) : TRP (The Right Picture), Production company(s) : TRP (The Right Picture). | Z Zee_TV'S Zingers | Serial No. | Rank | Date | Day | Start Time | Programme | TVR | 1 | 4 | 02/06/2012 | Sat | 21:00 | KNORR SOUPY DID LITTLE MASTER 2 | 3.95 | 2 | 13 | 29/05/2012 | Tue | 22:30 | PUNARVIVAH | 2.48 | 3 | 20 | 29/05/2012 | Tue | 21:00 | PAVITRA RISHTA | 2.18 | 4 | 24 | 28/05/2012 | Mon | 22:00 | MRS KAUSHIK KI PAANCH BAHUEIN | 1.88 | 5 | 25 | 01/06/2012 | Fri | 21:30 | PHIR SUBAH HOGI | 1.88 | 6 | 28 | 30/05/2012 | Wed | 19:30 | SAPNE SUHANE LADAKPAN KE | 1.74 | 7 | 31 | 30/05/2012 | Wed | 20:00 | HITLER DIDI | 1.57 | 8 | 36 | 29/05/2012 | Tue | 20:30 | YAHAN MEIN GHAR GHAR KHELI | 1.3 | 9 | 50 | 27/05/2012 | Sun | 12:05 | HFF PLAYERS | 0.95 | 10 | 52 | 28/05/2012 | Mon | 23:00 | AFSAR BITIYA | 0.94 | 11 | 56 | 02/06/2012 | Sat | 17:29 | HFF VIVAH | 0.85 | 12 | 92 | 27/05/2012 | Sun | 20:29 | KNORR SOUPY DID LITTLE MASTER 2 LIMELIGH | 0.66 | Target Group :...

Words: 283 - Pages: 2

Premium Essay

Week 2 Assigment

...Week 2 Assignment: Understanding Effective Money Management Assessment A, Part 1: Creating a Personal Financial Statement - Assets | 1 point | Car: Bluebook value $1250.00Cash: $378.00Savings Accounts: $826.00 | Assessment A, Part 2: Creating a Personal Financial Statement - Debts | 1 point | Rent: $750.00Electric/ Gas bill: $131.75Cable/ internet/ Phone bill: $80.42Credit Card: $31.00Cell phone bill: $72.37 | Assessment A, Part 3: Identify Money Management Tool | 1 point | Explain to Monica how the money management tools were identified. | Students should explain how they evaluated various cash management products and services. | Assessment A, Part 4: Creating a Personal Financial Statement – Steps | 1 point | Drag the steps listed on the right into their correct sequences on the left. When done click the Send button | Step 1: I got all my financial stuff together – bills, loans, bank statements, etc. | Step 2: I balance my checkbook. | Step 3: I decided what were my assets and what were my debts. | Step 4: I enter my assets in the program. | Step 5: I enter my debts in the program. | Step 6: The program gave me a Net worth figure at the end. | Assessment B: Creating a Monthly Cash Flow Statement ...

Words: 255 - Pages: 2

Free Essay

Misconceptions of Algebra

...Diagnostic Algebra Assessment Definitions Categories Equality Symbol Misconception Graphing Misconception Definition Concept of a Variable Misconception Equality Symbol Misconception As algebra teachers, we all know how frustrating it can be to teach a particular concept and to have a percentage of our students not get it. We try different approaches and activities but to no avail. These students just do not seem to grasp the concept. Often, we blame the students for not trying hard enough. Worse yet, others blame us for not teaching students well enough. Students often learn the equality symbol misconception when they begin learning mathematics. Rather than understanding that the equal sign indicates equivalence between the expressions on the left side and the right side of an equation, students interpret the equal sign as meaning “do something” or the sign before the answer. This problem is exacerbated by many adults solving problems in the following way: 5 × 4 + 3 = ? 5 × 4 = 20 + 3 = 23 Students may also have difficulty understanding statements like 7 = 3 + 4 or 5 = 5, since these do not involve a problem on the left and an answer on the right. Falkner presented the following problem to 6th grade classes: 8 + 4 = [] + 5 All 145 students gave the answer of 12 or 17. It can be assumed that students got 12 since 8 + 4 = 12. The 17 may be from those who continued the problem: 12 + 5 = 17. Students with this misconception may also have difficulty with the idea that adding...

Words: 797 - Pages: 4

Free Essay

Prg/211 Calorie Count Tool

...Team B Calorie Count Tool PRG/211 May 5, 2014 Team B Calorie Count Tool PROBLEM STATEMENT Team B was asked to develop a program which would calculate the user’s daily intake of calories and measure those calories against the overall calories expended. The core purpose of this program will do two primary functions. First, it will record the user intake of calories as acquired through meals throughout the day. Second, the user will record caloric output associated with physical activity. This information will be calculated together to determine the caloric surplus or deficit for the user. In order for the program to execute accurately, and provide customized results, the user will be required to input personal data to include gender, age, weight, and height. This additional information is essential to determine the user’s default caloric burn rate, otherwise known as the basal metabolic rate (BMR). The BMR and the calories burned as a result of physical activity will be calculated against the intake of calories to determine the overall success for the user. As the program is executed it must: * Record user name, age, height, weight to enable more accurate calculations * Record the users specific caloric values entered for each meal * Record the user activity and caloric burn values for that activity * Calculate the basal metabolic rate (BMR) for the individual * Subtotal the total caloric values for the day * Combine the physical activity and...

Words: 1524 - Pages: 7

Premium Essay

Student

...Problem Solving with Computing Homework - WEEK 2 [30 points] This is a review of some of the material from Chapter 2 and lectures from class. No credit for answers that are copies or near verbatim transcripts – please use your own words1 and document sources where appropriate. 1 This will apply to all assignments in this class. Answer the following questions: Chapter 2 1. Short Answers [1 point each, 2 points total] 1. What does a professional programmer usually do first to gain an understanding of a problem? The first thing that a professional programmer usually do first to gain an understanding of a program is to closely relate customer (Interview ) to inquire or gather information about the problem. 2. What two things must you normally specify in a variable declaration? The two things normally specified in a variable declaration are the variable type and identifier. 2. Algorithms / Pseudocode [1 point each, 5 points total] 1. Design an algorithm that prompts the user to enter his or her height and stores the user’s input in a variable named height. Declare height Display “Enter Your Height” Input Height Display “Height” 2. Write assignment statements that perform the following operations with the variables a and b. - Adds 2 to a and stores the result in b. - Subtracts 8 from b and stores the result in a Set b=2+a Set a=b-8 3. Write a pseudocode statement that declares the variable cost so it can hold real numbers. Floating Point-Variable...

Words: 1823 - Pages: 8

Free Essay

Mobile Service Provider

...11108944 Name: ASHWINI KUMAR Roll No. : RE3R02B32 PART- A 1. Ans :- (a) unary and ternary operator Unary operator:- It pecedes an operand . The operand (the value on which the operator operates ) of the unary operator must have arithmetic or pointer type and the result is the value of the argument. Example:- If a=5 then +a means 5 If a=0 then +a means 0. If a=-4 then +a means -4. Ternary operator:- It precedes an operand. The operand of the unary operator must have arithmetic type and the result is the negation of the operand’s value. Example:- If a=5 then –a means -5 If a=0 then –a means 0 If a=-4 then –a means 4. (b) Assignment and equalto operator Assignment operator:- Equal to operator: An assignment operator assigns value In this we put the To a variable. value as it is. Example – Example- a*=5 means a=5*5. Int a; a=5 means a is initialized with 5 if(a==5) { return true; } return false; (c) Expression and statement Expression:- An expression is any valid combination of operators , constants , and variables. Example:- ...

Words: 399 - Pages: 2

Free Essay

Book Report

...Selection statements Selection is used to select which statements are to be performed next based on a condition being true or false. Relational expressions In the solution of many problems, different actions must be taken depending on the value of the data. The if statement in C I used to implement such s decision structure in its simplest form – that of selecting a statement to be executed only if a condition is satisfied. Syntax: if(condtion) statement executed if condition is true When an executing program encounters the if statement, the condition is evaluated to determine its numerical value, which is then interpreted as either true or false. If the condition evaluates to any non-0 value (positive or negative), the condition is considered as a “true” condition and the statement following the if is executed; otherwise this statement is not executed. Relational Operators In C Relational operator | Meaning | Example | < | Less than | age < 30 | > | Greater than | height > 6.2 | <= | Less than or equal to | taxable <= 200000 | >= | Greater than or equal to | temp >= 98.6 | == | Equal to | grade == 100 | != | Not equal to | number !=250 | In creating relational expressions, the relational operators must be typed exactly as given in the above table. Thus, although the following relational expressions are all valid: age > 40 length <= 50 temp >= 98.6 3 < 4 flag == done day != 5 The following are invalid: length =< 50 ...

Words: 1617 - Pages: 7

Premium Essay

Om Group Assignment

...| GROUP ASSIGNMENT CASE STUDY 1SEMESTER 1 SESSION 2014/2015 | | | SUBJECT CODE | : | OPERATION MANAGEMENT | SUBJECT TITLE | : | GT20203 | | | | STUDENT’S NAME (MATRIC NO.)[PROGRAM] | 1] Name, (Matric No), [Program]2]3]4]5]6]7]8]9]10]11]12] | | | | | | | INSTRUCTIONS TO STUDENTS 1) This assignment consists of TWO (2) short cases. 2) Answer ALL questions in the case (handwriting). 3) Plagiarism in all forms is forbidden. Students who submit plagiarised will be penalised. 4) This group assignment carries a 15% weightage toward final grade. 5) The assignment must be submited by 10 October 2014 (Friday) before 1pm. CASE 1 [30 Marks]-C1&C2 Check the Alibaba.com Company website to expand your knowledge about the company. Your group may log on to http://www.alibaba.com/ 1. Discuss one interesting aspect of how Alibaba.com its operation globally. What sets Alibaba.com apart from its competitors? 2. Check for Alibaba.com evidence of a mission or vision statement. How can the mission be related to its operation strategy? 3. What are the key processes in Alibaba.com’s online operations? Discuss where are the possible operational problem areas of Alibaba.com online business, now and in the future? CASE 2 [30 Marks]-Module A & C5 A researcher from a pharmaceutical company is considering whether to develop a medicine which can be consumed for ten types of severe skin diseases. He foresees that if the project is successful, the...

Words: 508 - Pages: 3

Premium Essay

Om Session 5 Assignments

...OM Assignments 5 Q1. Is there any evidence that Barilla faces the bullwhip effect? If so, what causes of the bullwhip of the bullwhip effect are present? The bullwhip effect is an observed phenomenon in forecast-driven distribution channels. It refers to a trend of larger and larger swings in inventory in response to changes in customer demand. We believed there was a bullwhip effect in this case. We found the evidence from Exhibit 12 which showed the mean of the orders from Cortese Northeast DC to Pedrognano CDC was 300 while the standard deviation was only 227, the gap was 73. Because customer demand is rarely perfectly stable, businesses must forecast demand to properly position inventory and other resources. Companies often carry an inventory buffer called "safety stock" which may cost a lot of money. In real commercial society, it is barely to see the stable order and conversely the order always is very volatile, thus causing the bullwhip effect. Secondly, the order batching contributed a lots since the distributers, GD and DO used the periodic ordering by its customers, finally enhance the bullwhip phenomenon. Q2. What is the logic of the JITD program they are suggesting in implementing? What are benefits and drawbacks of JITD program? Explain your logic in identifying them. The old distribution model: The JITD program is to change the distribution model to: Generally, for company, distribution process involves many stakeholders. Efficient program requires accurate observation...

Words: 611 - Pages: 3

Free Essay

Study Habits

...STUDY HABITS OF SECOND YEAR BS-AVTECH STUDENTS OF PATTS COLLEGE OF AERONAUTICS S.Y 2013-2014 An Undergraduate Research Presented to The Languages Department of PATTS College of Aeronautics In Partial Fulfillment of the Requirements for the course ENGL 211 – Technical Report Writing By Guevarra, Giorgio Martin C Guevarra, Lorenzo Miguel Jang, Jose, Yosalina, Leo Xander March 2014 ACKNOWLEDGEMENT The researcher would like to express our thanks to the lord. Our God for his guidance towards everything we do In life, including this study that we had made, and for being an inspiration for us all to do our best in life. We give our thanks to Ms. Karen M. Millano, our adviser for ENGL 211, for carefully and patiently guiding us so that we may finish the thesis research, and for supporting us and believing in us, that we can accomplish our task finishing the thesis. To the respondents of this study, we express our gratitude because without them, this thesis research would not have been completed, we thank them for allowing us to conduct a survey during their spare time, and their patience and integrity in answering the survey. To our parents, for their support and everlasting patience and understanding for us. And lastly to our classmates, since they have been with us since the beginning of the semester and they had been our companions in everything we do for the subject ENGL 211. ABSTRACT STUDY HABITS OF...

Words: 413 - Pages: 2

Free Essay

Engeenering

...SCHOOL OF ENGINEERING YEAR 3 MECHATRONICS ASSIGNMENT LAB REPORT Reading an Analogue Voltage from a Potentiometer to turn a Motor on and off with reading of 40 Assignment 2 Owais Jahanzeb BENG Mechanical Engineering with buissness Lecturer: Dr. Tom Shenton Aim & Objectives The aim of this lab is to develop a functioning program for the PICDEM board to read an analogue signal from a potentiometer and turning a motor on or off if the signal exceeds a certain limit. The program should depict the function that it should turn the motor ON and OFF if the potentiometer reading is less than or equal to 40. The practical uses of such program can be seen in automotive , injection moulding machines, wood processing machines, modern temperature controlled plants, speed control torque operations. Developing Program 1 Figure 1. The schematic circuit & PICDEM board configuration for Program Figure 1. The schematic circuit & PICDEM board configuration for Program The objective of program is to read the correspondent voltage analogous to the potentiometer position and switch the motor on if the reading is over 40 and switch it off if the reading is less than or equal to 40, the value can be adjusted by twisting the screw clockwise and anticlockwise. The program works by implementing the following code. PIC program for Test of potentiometer with value less equal to 40 with comments: include <p16f917.inc> extern DisplayDigit1, DisplayDigit2...

Words: 427 - Pages: 2

Premium Essay

Andy Owes Bill a Debt.

...Law Written Assignment 3 Case Study 1 Parks, a 7-foot, 265-pound center for the San Diego Slick, objected when his contract was assigned from the ABC Corporation to the XYZ Corporation, the team’s new owner. The change of owners did not cause a change in the composition of the team although a new coach was hired. Parks’s compensation and his responsibilities remained the same. Was this contract assignable? Facts of the Case: 1) Parks contract was assigned from the ABC Corporation to XYZ Corporation. 2) Parks compensation and his responsibilities remained the same. Issues: 1) The reason why we are in court today is to identify if Park’s contract was assignable. Rules of the Law: 1) Personal Service Contract – The parties agree that a personal service contract may be assigned. This allows the trade of an athlete from one team to another team. 2) Notice of Assignment – Assignee is under a duty to notify the obligor that the assignment has been made and performance must be rendered to the assignee. 3) Anti-Assignment Clause – Prohibits the assignment of rights under the contract. 4) Approval Clause – requires that the obligor approves any assignment of contract. Analysis & Conclusion: Since we do not have all the facts we can assume the following: 1) Parks contract did include the Personal service contract. 2) Notice of assignment was made by XYZ Corporation. 3) Parks contract did NOT include Anti-Assignment Clause. ...

Words: 495 - Pages: 2

Free Essay

Management Accounting

...Management Accounting Individual Assignment 1. Variable manufacturing cost per unit = (323,000,000-160,000,000-24,000,000-100,000,000) 850,000 = $45.88 per unit Fixed manufacturing cost per unit = $100,000,000 850,000units = $117.65 per unit Total manufacturing cost per unit= 45.88+117.65 = $163.53per unit 2. Fixed overhead rate= $100,000,000 800,000units =$125 per unit Production volume variance= (850,000 X 125)-(800,000 X 125) =$106,250,000-$100,000,000 = $6,250,000 Favourable 3. Absorption costing. | $ | $ | SalesLess: Cost of goods soldOpening inventoryProduction(850,000 X (255+125))(-)Ending inventory(30,000 X 405)Gross MarginAdjustments for production variance(850,000-800,000)x125Operating Income | 0323,000,000(11,400,000) | 450,000,000(311,600,000) | | | | | | 138,400,0006,250,000F | | | 144,650,000 | Income Statement for the year ended 31December 2012 4. Variable Costing Income Statement for the year ended 31 December 2012 | $ | $ | SalesOpening inventoryProduction(850,000 X 255)(-)Ending inventoryContribution MarginFixed factory overheadOperating income | 0216,750,000(7650,000) | 450,000,000(209,100,000) | | | 240,900,000(100,000,000) | | | 140,900, 000 | 5. Based on the calculations of absorption costing and variable costing for the year 2012,it would be better to calculate and measure using the absorption costing...

Words: 288 - Pages: 2

Free Essay

Eopp

...Reflection assignment In this assignment I will be using the Gibbs Reflective Model, reference, to reflect on an incident that occurred in placement that demonstrates an understanding of the Outcome : 3.1: Demonstrate that they respect diversity and individual preferences and value differences, regardless of their own personal views. To do this I will first, briefly describe the event, supporting my outline with relevant information. I will then explore the event, and discuss why it is important and how it relates to the learning outcome. I will also be discussing why materials such as law and guidelines say this is important. I will then proceed to analyse the incident by breaking it down and picking out the main features of the experience, discussing why they are important, whilst linking the main points together. I will attempt to think about opposing arguments to what I have explored, and discuss the advantages and disadvantages of the arguments. Finally I will be using SMART goals, to create an action plan for future development. Explain incident with evidence Whilst on a shift, we had an elderly patient arrive on the ward. The patient suffered from a Frank Haematuria, Colovesciular fistula as well as incontinence. It was suggested that the patient received surgery to have this corrected, but the patient refused surgery, stating that at his age he did not want to go through with it, and wanted to put a DNAR in place. I along with the other nurses respected his choice...

Words: 370 - Pages: 2