1. 2. 3. 4. 1. 2. 3. 4. 5. 1. 2. 3. 1. 2. 3. 4. 1. 2. 3. 4. 5. 1. 2. 3. 1. a. b. c. 2. a.
Operations manages is that business function plays a major role in converting factors of production into products of value Design Development Distribution
What is Fo re c as ting ?
A statement about the future value of a variable
of interest, such as demand
Not necessarily numerical
I see that you will
get an A this semester.
Uses of Forecasts
1. What is the name of seminal environmental article that was written by McDonough and Braumgardt: 2.
3. The next industrial revolution If I thought that a variable, let's call it x, might be useful to input to a demand forecasting process, which tool in
Bus 140 Final Review CH15 Low-Medium Goals of JIT The ultimate goal of JIT is a balanced system. Achieves a smooth, rapid flow of materials through the system Building Blocks Product design Process design Personnel/organizational elements Manufacturing pl
What is operations management? An integrative and interdisciplinary body of knowledge that helps you get things done successfully regardless of your functional area of business. It creates value for your internal and external customers
CASE 1: DIGITAL CELL PHONE, INC.
Objectives: Selection of an appropriate time series forecasting model based upon a plot of the data. The importance of combining a qualitative model with a quantitative model in situations where technological change is occ
Chapter 11 inventory management-Independent Demand ( Picture of Ishikawa Akira) Inventory Management began with Ford Harris to answer the question "How many units should be made in one batch"? Ford Harris created the classic economic order quantity formul
Ch. 12: Inventory Management 1. Inventory: the stock of any item or resource used in an organization. -OBHECTIVE of inventory control: Achieve satisfactory levels of customer service while keeping inventory costs within reasonable bounds. -Manufacturing I
CASE 2: Alabama Airlines ALABAMA AIRLINES' ON-TIME SCHEDULE 1. The overall percent of late flights (p) and the control limits are developed as follows:
Total number of late flights 120 = = 0.04 Number of samples Sample size 30 100 p (1 - p ) = n
CASE 3: Capacity Planning at Arnold Palmer Hospitals VIDEO CASE STUDY CAPACITY PLANNING AT ARNOLD PALMER HOSPITAL The Arnold Palmer Hospital video for this case is available on the video cassette/DVD from Prentice Hall that accompanies this text. (Its run
Ross Stores' mission is to offer competitive values to customers by focusing on the following key objectives: achieve an appropriate level of brands and labels at strong discounts throughout the store; meet customer needs on a more regional basis; deliver
156.9 + 153.2 + 153.6 + 155.5 + 156.6 = 155.16 mm 5 4.2 + 4.6 + 4.1 + 5.0 + 4.5 R= = 4.48 mm 5
X = 155.16 mm from the sample data UCL x = X + A2 R = 155.16 + (0.308 4.48) = 156.54 mm LCL x = X - A2 R = 155.16 - (0.308 4.48) = 153.78 mm.
SP10 BUS3-140 6.1
40 35 30 30 25 20 15 14 10 5 0 W R I M O 10 6 4 2 24 34 36
(b) 39% of complaints, W, are demeaning toward women.
6.3 From these statistics, it would appear that a student could argue that some of the cause of the poor grade was due to fa
San Jos State University
School: College of Business
Department: Organization and Management
Course Number: BUS 140
Title: Fundamentals of Operations Management
What is Ope ratio ns
Manag e me nt?
3 Ba s ic Func tio ns o fBus in e s s O rg a niza tio ns
Produce goods or
needs, and sell /