a)
To determine: The way through which the view of operations can be applied for the acquisition of another company.
Introduction:
Operations management helps to determine the tools and information for best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
b)
To determine: The way through which the view of operations can be applied for concluding the books at the completion of a year.
Introduction:
Operations management helps to determine the tools and information for best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
c)
To determine: The way through which the view of operations can be applied for marketing research for a new product.
Introduction:
Operations management helps to determine the tools and information for best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
d)
To determine: The way through which the view of operations can be applied for the design of an information system.
Introduction:
Operations management helps to determine the tools and information for best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
e)
To determine: The way through which the view of operations can be applied for hiring a new employee.
Introduction:
Operations management helps to determine the tools and information for best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
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OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
- Determine whether the following items are objectives in the following areas: Financial, Internal Process, Customer, or Learning and Growth Number of tax associates who undertook the webinar on the TRAIN Law Updates organized by the employer *a. Financialb. Internal Processc. Customerd. Learning and Growtharrow_forwardClassify the following activities as primarily planning, Implementation, or control: a. Doing a cost-benefit analysis of adding a new branch versus installing three new automated teller machines (ATMS). b. Estimating the cost of raw materials to be purchased during the next quarter. c. Analyzing market demand to assist in the preparation of the sales budget. d. Compiling the labour report for the past week. e. Outlining the changes to a process based on a process reengineering team report. f. Documenting the savings from reductions in raw materials inventory resulting from the adoption of a JIT inventory system.arrow_forwardIndicate whether the item below is used as key performance indicators for the areas of (A) Financial, (B) Customer, (C) Internal Process, or (D) Learning and Growth performance. Choose the one best choice. Average trainings provided to employees per year (A) Financial(B) Customer(C) Internal Process(D) Learning and Growth performance.arrow_forward
- Match the followinng three types of business processes to their appropriate description: 1. Supporting: A) Focuses on external processes B) Focused on proppping up the planning and doing parts of the business C) focused on core proccesses that make the business scalable and efficient D) Focused on planning and projecting future company operations E) Focused on balancing core competencies of multiple departments 2. Management A) Focuses on external processes B) Focused on proppping up the planning and doing parts of the business C) focused on core proccesses that make the business scalable and efficient D) Focused on planning and projecting future company operations E) Focused on balancing core competencies of multiple departments Operational A) Focuses on external processes B) Focused on proppping up the planning and doing parts of the business C) focused on core proccesses that make the business scalable and efficient D) Focused on planning and projecting future company operations E)…arrow_forwardWhich of the following is not a role of operations management? - to add value in the transformation process - to ensure there are quality management processes - to investigate the most cost effect effective production methods - to hire the best (most suitable) production operatives.arrow_forwardEnvironmental Considerations in Production and Operations Management a. How do Production and Service Operations Disturb the Environment. b. Making the Processes “Green”. c. Operation and Environmental Issues have Several Similarities. d. Life Cycle Considerations. e. Organizational Response to Environmental Sustainability. f. Eco-Efficiency. g. Need for a New Production or Economic Systemarrow_forward
- A. What is the average invention turnover for the firm? B if you were given the assignment to increase inventory turnover, what would you focus on? Reduce inventory or sale or both Increase inventory or sale or both Reduce inventory or sale or both C. The company reported that it used $500m worth of raw material during the yeR. On average, how many weeks of supply of raw material are on hand at the factory?arrow_forwarda. Design Processi. Explain why the service design process is more difficult than the product design b. Process Strategyi. Explain the difference between assembling a car and assembling an electronic equipment according to process strategy? c. Operations Strategyi. Explain the understanding of the theory of Comparative Advantage which was initiated by David Ricardo ii. Briefly describe the application of this theory to operations management and give an example. d. Operations and Productivityi. Explain why management is an important determinant of productivity?ii. Explain why the knowledge society is very important in productivity in acompanyarrow_forwardPlease help me with this question a. The extract mentions that operations are at the core of Goldman Sachs, support this statement by discussing the concept of operations management . b.According to the extract above, operations are carried out with a good flow. Examine the design of goods/services and human resources/job design in the context of Goldman Sachs. c. Illustrate a transformational model for Goldman Sachs illustrating the purchase of stock by a customer.When identifying inputs, discussing the transformation process, or identifying outputs you may take liberties in line with the context of the scenario provided. please note this is one question and not multiple .arrow_forward
- Indicate whether the item below is used as key performance indicators for the areas of (A) Financial, (B) Customer, (C) Internal Process, or (D) Learning and Growth performance. Choose the one best choice. Average time from when clients enter and leave the bank (A) Financial(B) Customer(C) Internal Process(D) Learning and Growth performance.arrow_forwardIn a form of phrase, give 7 Training and Development Policies on a Construction Firm in each: a.) Employees b.) OJT students/trainees In a form of phrase, give 7 necessary skills or importance that will be acquired by the employees on a Construction Firm from these various trainings: a.) Induction Training b.) Health and Safety Training c.) Corporate and Departmental Trainingarrow_forwardAs a head of the department of a manufacturing organization and you are expected to lead the monthly production meeting. Explain how you are plan the meeting.arrow_forward
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