Operations Management and Student CD
Operations Management and Student CD
11th Edition
ISBN: 9780133408010
Author: HEIZER, Jay, RENDER, Barry
Publisher: Prentice Hall
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Chapter 5, Problem 9P
Summary Introduction

To determine: A product-by-value analysis and identify the issues and possible actions that can be taken.

Introduction: Value analysis technique is a cost reduction technique by relating the cost of components with their contribution. Value analysis features the unique characteristic, which makes the product to be sold in a market.

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Question 18 The study of operations management is A.Design, operation and improvement of productive systems B.A sequence of activities across organizations that are involved in producing and delivering a product or service C.A series of activities from suppliers to customers that add value to a product or service D.The identifcation of and elimination of activities from suppliers to customers that do not add value Question 21 TRUE OR FALSE Businesses that use Just in Time (JlT) purchasing consider purchase price to be the only cost Question 25 Supply chain management is the study of A.Material flows, information flow and financial flows across organisations B.Material flows, information flow and fnancial flows within organisations C.Suppliers involved in getting goods or services to market D.The measure of costs across organisations to determine the customer selling price
Q3(b). Noting the accomplishments of Mr. John Francois as a successful businessman, who is seeking to expand/grow the business, he may need to consider segmenting the products offered into strategic business units (SBUs). As the Consultant, you are required to advise Mr. Francois and his Management Team about the most appropriate model that could be used. How would you advise Mr. Francois and his Management Team so that they understand clearly how to use the most appropriate model for growing the business?
Question 1: Janana De Malucho Textile Mill Co., Ltd. produces and sells 40/s combed and 60/s combed yarns for air-jet looms, which are being sold at high prices. To this end, they hired people from nearby villages, where there are few job opportunities. Sher Zaman employees devised a cost reduction plan, but the production manager did not welcome it. Another employee, Waseem, made some suggestions to improve its design, but the production manager was also not satisfied.1.State the management principle violated in the above paragraph.2.Determine any two values ​​that the company wants to convey to society and how? Explain in your own words?
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