Economic Fluctuations, Unemployment, and Inflation
Swings in the Economic Pendulum
A Hypothetical Business Cycle
The phases of the business cycle are: expansion, peak (or boom), contraction,
and recessionary trough.
o600: Operations Management
Final Exam - Computer
Print your Name & Student Number:
You will be asked to do one problem; either problem 7 or problem 10 below. The data for your problem will be
different from the data given here, so y
Week 3 Lecture Notes Chapter 5. Process Analysis, Supplement B. Simulation
1. Process Analysis
By process analysis is meant evaluating and improving processes. A systematic approach is used
Solver - Waiting Lines
This general-purpose solver provides the operating characterstics of waiting-line situations in single-server,
multiple-server, and finite-source scenarios. Supply the arrival rate (l) and service rate (m) in the cells p
Asia Pacific J Manage (2006) 23: 369384
Employee stock ownership and corporate R&D
expenditures: evidence from Taiwans
Hsiang-Lan Chen & Yen-Sheng Huang
Published online: 14 July 2006
Standard formats for:
forecasting, linear programming, MPS and MRP, and scheduling
Forecasting Ch. 13
Linear Programming in Excel Su. E
Resource Planning Ch. 15
MPS Record: All level 0 items have MPS Records.
MRP Records: All level 1,2,. have MRP Records.
M idterm Exam I - version A
0600: Operations Management
M a y2 0 1 I
Step 4. Assign work elements to workstations (i) in order of priority, (ii) according to precedence constraints,
and (iii) with no more than c = 120 seconds of work per station.
Chapter 1 Solutions
Chapter 1, problem 1
a. Value of output:
credit - hours $200 tuition $100 state support
credit - hours
Value of input: labor + material + overhead
75 students $30, 000
MBA O600: Operations Management
Winter 2013 Course Outline
To develop an understanding of the principles and important problems in operations management.
To become familiar with the analytical tools commonly used to solve op
Example: Customer Service Counter
Time until Arrival of Next Customer
0.00 to 0.27
0.28 to 0.48
0.49 to 0.63
0.64 to 0.74
0.75 to 0.81
0.82 to 0.87
0.88 to 0.91
0.92 to 0.
Week 4 Lecture Notes Chapter 6. Quality
1. Costs of (Poor) Quality
Defect / Poor Quality - Any instance when a process fails to satisfy its customer
Costs incurred because of defects / poor quality are divided into four categories.
i) Prevention costs:
Week 6 Lecture Notes Chapter 8. Process Layout
1. Process layout decisions include:
What workcenters the layout should include
Where each workcenter is located
How much space and capacity each workcenter needs
How each workcenters space is configured
Week 2 Lecture Notes Chapter 3. Project Management
1.A project is usually a special, on-time activity.
Project management is a systemized, phased approach to defining and organizing (#2 below), and
planning, monitoring, and controlling (#3 below) projects
Week 1 Lecture Notes Chapter 1. Operations as a Competitive Weapon
1. Operations is one of several functions within an organization:
accounting, distribution, engineering, operations, finance, human resources, marketing, etc.
2a. Operations management dea
Solver - Transportation Method
This general-purpose solver finds the least expensive shipment pattern for as many as twelve sources and
Enter the names and capacities for the sources in the area provided in the Inputs shee
These spreadsheets have been designed to help you understand the quantitative methods in Operations Management.
Each spreadsheet contains an example from your textbook for which you may change the data in order to see how