Operations Management

Success for many organizations depends on the firm’s ability to balance product and process changes while exceeding customer expectations for improved cost delivery and quality. In lieu of these issues firms have started to implement principles of supply chain management. Supply chain management mainly involves managing the flow of incoming materials, manufacturing operations, and downstream distribution has to be in alignment that is responsive to change in customer demands eliminating a surplus of inventory.

Consider a firm with a daily demand of 100 units, a production rate per day of 500 units, a setup cost of $200, and an annual holding cost per unit of $10. Suppose that the firm operates 300 days per year. How many units of inventory must their storage area be able to hold?

Q1: A manufacturer’s average work-in-process inventory for a certain part is 1,000 units. The workstation produces this part at the rate of 200 units per day. What is the average time a unit spends at this workstation? Inventory, , Throughput, . Thus, Flow time, . A unit spends an average time of 5 days at this workstation. Q2: The Wilcox Student Health Center has just implemented a new computer system and service process to “improve efficiency.” As pharmacy manager, you are concerned about waiting time and its potential impact on college students who “get no respect.” All prescriptions (Rxs) go through the following process: Drop-off ! Fill Rx ! Pick-up ! Cashier Assume that students arrive to drop-off Rxs at a steady rate of 2 Rxs per

Gioe Melaney is the general director of Southern Toro – a subsidiary company included in the distribution system of Toron Coporation in Galveston, Taxas.

3.1 For each hotel, what is the role of technology and the role of operations

A) Effective scheduling, through lower costs, faster delivery, and more dependable schedules, can provide a competitive advantage.

a. What is the minimum number of machines needed? The experted number? The maximum number

Supply chain management (SCM) involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability (Nordmeyer, n.d.). SCM systems focus specifically on suppliers. A supply chain refers to the collection of people, tasks, equipment, data, and other resources required to produce and move products from a vendor to a customer. Information flows allow supply chain partners to coordinate their strategic and operational plans as well as the day-to-day flow of goods and materials through the supply chain (Nordmeyer, n.d.).

Question 1: a) Learning curve equation: Y(u) = au-b u | Y(u) | Ln(u)x | Ln(Y(u))y | x2 | xy | 13 | 276 | 2.565 | 5.620 | 6.579 | 14.415 | 29 | 198 | 3.367 | 5.288 | 11.337 | 17.805 | 41 | 171 | 3.714 | 5.142 | 13.794 | 19.097 | 71 | 137 | 4.263 | 4.919 | 18.173 | 20.969 | 127 | 107 | 4.844 | 4.673 | 23.464 | 22.636 | | Sum: | 18.753 | 25.642 | 73.347 | 94.922 | x = 18.7535 = 3.751 y = 25.6425 = 5.128 m = 594.922-[18.75325.642]573.347-(18.753)2 = -0.415 c = 5.128 – (-0.415)(3.751) =

Sodexho, Inc. is the leading provider of integrated food and facilities management services in the U.S., Canada, and Mexico, serving 10 million customers in 6,000 locations every day. Our dedication to excellent service, corporate citizenship, and fighting hunger all come from one goal - to make every day a better day.

Supply chain management (SCM) is the supervision of materials, information, and finances as they move in a process from supplier to manufacturer to retailer to the cessation consumer. There are three crucial flows of the supply chain: The product flow, the information flow and the finances flow. SCM involves coordinating and integrating these flows both inside and between

This is an individual assignment. Work submitted must adhere to the University policy on Cheating, Collusion and Plagiarism.

This paper defines the four functions of management and the operations management theory. It then provides an analysis of how the functions of management the operations management.

How might IKEA’s operations design is different from that of most conventional furniture retail operations? Discuss the operations design while analyzing the positive contributions towards customer satisfaction and company’s growth.

a) Both are true b) Both are false c) True and false respectively d) False and true respectively.