This document contains information about operations management concepts and assignments. It includes critical path diagrams, operations forecasting assignments, and a final exam guide with multiple choice questions covering topics like production layout, forecasting methods, inventory models, quality control, and lean manufacturing. Key terms and concepts are defined such as synchronous manufacturing, statistical process control, utilization, lead time, waste reduction, and learning curves. True/false statements are also presented about services, operations consulting processes, and transportation modes.
This document contains information about operations management concepts and assignments. It includes the critical path of a project, operations forecasting assignment steps, exam questions on topics like forecasting, production planning, quality control and more. It also provides guidance on final exams in operations management classes and definitions of key terms.
OPS 571 HELP Education for Service--ops571help.commamata44
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a. Observe the critical path diagram. Why are there two arrows pointing to task F? b. Why is the critical path shown as A-B-E-G-I? How is the critical path defined? c. What would happen if activity F was revised to take 4 days instead of 2days?
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a. Observe the critical path diagram. Why are there two arrows pointing to task F? b. Why is the critical path shown as A-B-E-G-I? How is the critical path defined? c. What would
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a. Observe the critical path diagram. Why are there two arrows pointing to task F? b. Why is the critical path shown as A-B-E-G-I? How is the critical path defined? c. What
UOPOPS571 Lessons in Excellence--uopops571.comthomashard90
This document contains three summaries of operations management tutorials and assignments available for purchase online. The first discusses a critical path diagram assignment and defines the critical path. The second discusses a forecasting assignment requiring quantitative forecasts in Excel. The third previews exam questions covering topics like inventory models, quality control, and capacity utilization.
If the actual output of a piece of equipmentjohann11371
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
In hau lee's uncertainty framework to classify supply chainsjohann11371
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
This document contains information about operations management concepts and assignments. It includes the critical path of a project, operations forecasting assignment steps, exam questions on topics like forecasting, production planning, quality control and more. It also provides guidance on final exams in operations management classes and definitions of key terms.
OPS 571 HELP Education for Service--ops571help.commamata44
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a. Observe the critical path diagram. Why are there two arrows pointing to task F? b. Why is the critical path shown as A-B-E-G-I? How is the critical path defined? c. What would happen if activity F was revised to take 4 days instead of 2days?
For more course tutorials visit
www.uopops571.com
a. Observe the critical path diagram. Why are there two arrows pointing to task F? b. Why is the critical path shown as A-B-E-G-I? How is the critical path defined? c. What would
OPS 571 HELP Inspiring Innovation--ops571help.comclaric77
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a. Observe the critical path diagram. Why are there two arrows pointing to task F? b. Why is the critical path shown as A-B-E-G-I? How is the critical path defined? c. What
UOPOPS571 Lessons in Excellence--uopops571.comthomashard90
This document contains three summaries of operations management tutorials and assignments available for purchase online. The first discusses a critical path diagram assignment and defines the critical path. The second discusses a forecasting assignment requiring quantitative forecasts in Excel. The third previews exam questions covering topics like inventory models, quality control, and capacity utilization.
If the actual output of a piece of equipmentjohann11371
FOR MORE CLASSES VISIT
www.ops571help.com
1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
In hau lee's uncertainty framework to classify supply chainsjohann11371
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www.ops571help.com
1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
FOR MORE CLASSES VISIT
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
An activity system map is which of the followingyearstart2
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
OPS 571 HELP Expect Success /ops571help.commyrealit
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth 2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project 3. Which of the following is a total measure of productivity? Output/Materials Output/Labor Output/(Labor + Capital + Energy) All of these
A company has actual unit demand for three consecutive yearsjohann11369
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
Which of the following is an input to the master production schedule (mps)johann11374
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
A simple project listing of five activities and their respective timejohann11370
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
From an operational perspective, yield management is most effective under whi...johann11371
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
A company must perform a maintenance project consistingjohann11369
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
An advantage of a make to-stock process is which of the followingyearstart2
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Which of the following is a fixed time-period inventory modelramuaa129
Uophelp is now newtonhelp.com
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
Which of the following is a characteristic that can be used to guide the desi...ramuaa128
This document provides a summary of key concepts and terms related to operations and supply chain management. It includes 30 multiple choice questions that test understanding of topics like productivity measurement, production layouts, forecasting techniques, inventory models, lean principles, project scheduling, and supply chain classification frameworks. The questions cover a wide range of operations and supply chain management topics.
Ops 571 final exam guide (new, 2018) which of the following is a principle of...ramuq12345
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
Which of the following is not a problem definition tooljohann11374
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
Which of the following basic types of production layout formats is one that h...ramuaa128
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
Which of the following is a total measure of productivityramuaa129
This document provides a guide for an OPS 571 final exam, including 30 multiple choice questions covering operations and supply chain management topics such as productivity measures, activity-system mapping, service design approaches, production layouts, learning curves, inventory models, project scheduling, and more. The questions assess understanding of key concepts and ability to apply analytical techniques in operations and supply chain management.
For more classes visit
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
An activity system map is which of the followingramuaa126
For more course tutorials visit
Uophelp is now newtonhelp.com
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
An advantage of a make to-stock process is which of the followingramuaa126
An advantage of a make-to-stock process is having inventory on hand to fulfill customer orders. The document provides a guide for the OPS 571 Final Exam with 30 multiple choice questions covering operations and supply chain management topics like production planning, forecasting, inventory management, and lean principles.
Ops 571 final exam guide (new, 2018) you have been called in as a consultant ...ramuaa124
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
Ops 571 final exam guide (new, 2018) you have been called in as a consultant ...never1239
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
You have been called in as a consultant to set up a kanban control systemramuaa130
You have been called in as a consultant to set up a Kanban control system. The document provides a 30 question exam guide covering operations and supply chain management topics like productivity measures, production layouts, inventory models, forecasting techniques, and supply chain classifications. For more course tutorials, visit www.newtonhelp.com.
For which of the following should we use a p chart to monitor process qualityyearstart2
This document provides a guide for the OPS 571 Final Exam, including 30 multiple choice questions covering topics in operations and supply chain management. The questions address concepts like performance measures, production layouts, forecasting techniques, inventory models, project scheduling, and supply chain design.
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
An activity system map is which of the followingyearstart2
For more course tutorials visit
Uophelp is now newtonhelp.com
www.newtonhelp.com
1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
OPS 571 HELP Expect Success /ops571help.commyrealit
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth 2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project 3. Which of the following is a total measure of productivity? Output/Materials Output/Labor Output/(Labor + Capital + Energy) All of these
A company has actual unit demand for three consecutive yearsjohann11369
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www.ops571help.com
1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
Which of the following is an input to the master production schedule (mps)johann11374
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www.ops571help.com
1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
A simple project listing of five activities and their respective timejohann11370
FOR MORE CLASSES VISIT
www.ops571help.com
1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
From an operational perspective, yield management is most effective under whi...johann11371
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
A company must perform a maintenance project consistingjohann11369
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www.ops571help.com
1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
An advantage of a make to-stock process is which of the followingyearstart2
For more course tutorials visit
Uophelp is now newtonhelp.com
www.newtonhelp.com
1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Which of the following is a fixed time-period inventory modelramuaa129
Uophelp is now newtonhelp.com
www.newtonhelp.com
1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
Which of the following is a characteristic that can be used to guide the desi...ramuaa128
This document provides a summary of key concepts and terms related to operations and supply chain management. It includes 30 multiple choice questions that test understanding of topics like productivity measurement, production layouts, forecasting techniques, inventory models, lean principles, project scheduling, and supply chain classification frameworks. The questions cover a wide range of operations and supply chain management topics.
Ops 571 final exam guide (new, 2018) which of the following is a principle of...ramuq12345
For more classes visit
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
Which of the following is not a problem definition tooljohann11374
FOR MORE CLASSES VISIT
www.ops571help.com
1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
Which of the following basic types of production layout formats is one that h...ramuaa128
For more course tutorials visit
Uophelp is now newtonhelp.com
www.newtonhelp.com
1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
Which of the following is a total measure of productivityramuaa129
This document provides a guide for an OPS 571 final exam, including 30 multiple choice questions covering operations and supply chain management topics such as productivity measures, activity-system mapping, service design approaches, production layouts, learning curves, inventory models, project scheduling, and more. The questions assess understanding of key concepts and ability to apply analytical techniques in operations and supply chain management.
For more classes visit
www.snaptutorial.com
1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
An activity system map is which of the followingramuaa126
For more course tutorials visit
Uophelp is now newtonhelp.com
www.newtonhelp.com
1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
An advantage of a make to-stock process is which of the followingramuaa126
An advantage of a make-to-stock process is having inventory on hand to fulfill customer orders. The document provides a guide for the OPS 571 Final Exam with 30 multiple choice questions covering operations and supply chain management topics like production planning, forecasting, inventory management, and lean principles.
Ops 571 final exam guide (new, 2018) you have been called in as a consultant ...ramuaa124
For more classes visit
www.snaptutorial.com
1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
Ops 571 final exam guide (new, 2018) you have been called in as a consultant ...never1239
For more course tutorials visit
www.tutorialrank.com
1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
You have been called in as a consultant to set up a kanban control systemramuaa130
You have been called in as a consultant to set up a Kanban control system. The document provides a 30 question exam guide covering operations and supply chain management topics like productivity measures, production layouts, inventory models, forecasting techniques, and supply chain classifications. For more course tutorials, visit www.newtonhelp.com.
For which of the following should we use a p chart to monitor process qualityyearstart2
This document provides a guide for the OPS 571 Final Exam, including 30 multiple choice questions covering topics in operations and supply chain management. The questions address concepts like performance measures, production layouts, forecasting techniques, inventory models, project scheduling, and supply chain design.
For which of the following should we use a p chart to monitor process qualityramuaa126
For more course tutorials visit
Uophelp is now newtonhelp.com
www.newtonhelp.com
1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
1. The document provides a guide for an OPS 571 final exam with 30 multiple choice questions covering operations and supply chain management topics.
2. The questions cover concepts like measures of operations efficiency used on Wall Street, types of production layouts, inventory models, scheduling principles, forecasting techniques, and supply chain classifications.
3. Correct answers are provided for each question to help students prepare for the exam.
Getting an autograph from a famous person might involve standing in which typ...ramuaa127
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
Which of the following is a principle of work center schedulingramuaa129
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
A company is planning for its financing needs and uses the basic fixed order-...ramuaa124
This document provides a guide for an OPS 571 final exam, including 30 multiple choice questions covering topics like operations and supply management efficiency measures, activity-system mapping, production layouts, inventory models, quality control charts, and more. The questions test understanding of key operations management and supply chain concepts.
A company is planning for its financing needs and uses the basic fixed order-...yearstart1
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1.
Which of the following is a measure of operations and supply management efficiency used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
In designing a lean production facility layoutjohann11371
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1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
2. An activity-system map is which of the following? A diagram that shows how a company's strategy is delivered to customers A timeline displaying major planned events A network guide to route airlines A facility layout schematic noting what is done where A listing of activities that make up a project
Which of the following is a measure of operations and supply management effic...ramuaa129
For more course tutorials visit
Uophelp is now newtonhelp.com
www.newtonhelp.com
2.
An activity-system map is which of the following?
A diagram that shows how a company's strategy is delivered to customers
A timeline displaying major planned events
A network guide to route airlines
A facility layout schematic noting what is done where
A listing of activities that make up a project
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OPS 571 HELP Education Counseling--ops571help.com
1. OPS 571 Assignment Critical Path
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a. Observe the critical path diagram. Why are there two arrows
pointing to task F? b. Why is the critical path shown as A-B-E-G-I?
How is the critical path defined? c. What would happen if activity
F was revised to take 4 days instead of 2days?
==============================================
OPS 571 Assignment Operations Forecasting (2 Set)
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This Tutorial contains 2 Set of Papers Purpose of Assignment The
purpose of this assignment is for students to learn how to apply
Operations Forecasting. Assignment Steps Resources: Microsoft®
Excel® Select a business operations dataset from the internet or other
sources which can be used for forecasting in the University Library.
Develop a minimum of three quantitative forecasts using Microsoft®
Excel®. • Compare and contrast each quantitative forecast you
develop. • Choose the one forecast you determine would be the best
for the firm and be prepared to explain why you chose this. •
Evaluate the impact this forecast would have on the firm from a
financial metrics standpoint. Develop a 700-word report in which you
describe your forecasting project including details on all the
assignment steps. Format your assignment consistent with APA
guidelines. Click the Assignment Files tab to submit your assignment.
==============================================
OPS 571 Final Exam Guide (New, 2018)
2. FOR MORE CLASSES VISIT
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1. Which of the following is a measure of operations and supply
management efficiency used by Wall Street? Dividend payout ratio
Receivable turnover Current ratio Financial leverage Earnings per
share growth 2. An activity-system map is which of the following? A
diagram that shows how a company's strategy is delivered to
customers A timeline displaying major planned events A network
guide to route airlines A facility layout schematic noting what is done
where A listing of activities that make up a project 3. Which of the
following is a total measure of productivity? Output/Materials
Output/Labor Output/(Labor + Capital + Energy) All of these
Output/Inputs 4. Which of the following approaches to service design
is characterized by having the customer take a greater role in the
production of the service? Quality approach Self-service approach
Production-line approach Do-it-yourself approach Personal-attention
approach 5. Which of the following basic types of production layout
formats is one that has similar equipment or functions are grouped
together? Workcenter layout Production line layout Group technology
layout Manufacturing cell layout Assembly line layout 6. Which of
the following is a characteristic that can be used to guide the design of
service systems? Services are all similar. Services cannot be
inventoried. Services businesses are inherently entrepreneurial. Even
service businesses have internal services. Quality work means quality
service. 7. An advantage of a make-to-stock process is which of the
following? All units of output are unique. It features rapid delivery of
a standard product. It combines the best features of other processes. It
responds directly to customer orders. It allows the firm to avoid
inventory costs. 8. Getting an autograph from a famous person might
involve standing in which type of queuing line structure? Single
3. channel, single phase None of these Single channel, multiphase
Multichannel, multiphase Multichannel, single phase 9. For an infinite
queuing situation, if the arrival rate for loading trucks is 5 trucks per
hour, what is the mean time between arrivals? 2.5 hours 5 hours 0.2
hour 0.1 hour None of these 10. An assumption of learning curve
theory is which of the following? Organizational learning is not
included in learning theory. The time required to do a task will vary
randomly each time the task is repeated. Unit time will decrease at an
increasing rate. Learning will not be transferred from one worker to
the next. The reduction in unit time will follow a predictable pattern.
11. A company's production process has an 80 percent learning curve
rate. The process has produced 1,000 units to date. A process
refinement is estimated to allow a future learning curve rate for the
identical product of 75 percent. However, the initial unit made using
the new process will take the same amount of time as the initial unit
produced using the old process. At what point, using the new process,
will the production rate exceed the production rate achieved by the
old process? Before the 100th unit Before the 120th unit Before the
80th unit Before the 50th unit Before the 250th unit 12. For which of
the following should we use a p-chart to monitor process quality?
Grades in a freshman "pass/fail" course Temperatures in a classroom
The dimensions of brick entering a kiln The weight of fluid in a
container Lengths of boards cut in a mill 13. You have been called in
as a consultant to set up a Kanban control system. The first thing to do
is to determine the number of Kanban card sets needed. Your research
shows that the expected demand during lead time for a particular
component is 150 per hour. You estimate the safety stock should be
set at 25 percent of the demand during lead time. The tote trays used
as containers can hold 8 units of stock, and the lead time it takes to
replenish an order is 2 hours. Which of the following is the number of
Kanban card sets necessary to support this situation? 42 68 89 47 94
14. Which of the following is a fixed-time-period inventory model?
Just-in-time model The EOQ model Periodic system model The Q
4. model The least cost method 15. A company is planning for its
financing needs and uses the basic fixed-order-quantity inventory
model. Which of the following is the total cost (TC) of the inventory
given an annual demand of 10,000, setup cost of $32, a holding cost
per unit per year of $4, an EOQ of 400 units, and a cost per unit of
inventory of $150? None of these $1,501,600 $1,498,200 $499,313
$500,687 A. $1,501,600 Q = 400. Average Inventory = Q/2 = 200.
Holding cost/year = $4. Thus, annual holding cost = $800. Annual
set-up cost = 10,000/400 = 25 x $32 = 800. Demand x cost per unit =
10,000 x $150 = 1,500,000. Hence, TC = $1,500,000 + 800 + 800 =
$1,501,600. 16. Which of the following is a principle of work center
scheduling? Reschedule every day. Once started, a job can and should
be finished even if unavoidably interrupted. Assign the first worker to
all of the days that require staffing. Achieve certainty in standards and
routings. Give work centers less to do then their maximum. 17. Which
of the following is a "focusing step" of Dr. Eli Goldratt's theory of
constraints? Identify system constraints. Support system constraints.
If you have no system constraints, make some. Reduce system
constraints. Reinforce system constraints. 18. In designing a lean
production facility layout, a designer should do which of the
following? Locate flexible workstations offline. Balance capacity
using job shop analysis. Design for work flow balance. Always keep
operations on a single floor of the factory. Link operations through a
push system. 19. A simple project listing of five activities and their
respective time estimates are presented here: Using CPM, which
activities make up the critical path? None of these A, B, D, E A, D, E
A, C, B, D, E A, C, D, E 20. A company must perform a maintenance
project consisting of seven activities. The activities, their
predecessors, and their respective time estimates are presented here:
Using CPM, which activities make up the critical path? A, C, B, F, E
None of these A, B, D, F, G A, C, E, F, G A, D, E 21. Which of the
following is not a problem definition tool from the operations
consulting tool kit? Issue trees Five forces model Computer
5. simulation Customer surveys Gap analysis 22. Which of the following
is not one of the basic types of forecasting? Simulation Causal
relationships Qualitative Time series analysis Force field analysis 23.
A company has actual unit demand for three consecutive years of 124,
126, and 135. The respective forecasts for the same three years are
120, 120, and 130. Which of the following is the resulting MAD value
that can be computed from these data? 3 1 15 123 5 C MAD =
ABS[(124 - 120) + (126 - 120) + (135 - 130)]/3 = 15/3 = 5. 24. From
an operational perspective, yield management is most effective under
which of the following circumstances? Inventory is perishable. The
firm doing yield management is very profitable. Demand cannot be
segmented by customer. Fixed costs are low, and variable costs are
high. The customer is a "captive" of the system. 25. What is
transaction processing? The decision support system used to
efficiently handle multiple transactions The movement of paperwork
through a system using a decision tree The scheduling of machinery
to minimize time and scrap The posting and tracking of the detailed
activities of a business 26. If the actual output of a piece of equipment
during an hour is 500 units and its best operating level is at a rate of
400 units per hour, which of the following is the capacity utilization
rate? 0.75 1.00 1.25 1.33 100 27. Which of the following is an input
to the master production schedule (MPS)? Planned order schedules
The bill of materials The aggregate plan The exception report
Inventory records file 28. Which of the following is considered a
primary report in an MRP system? Cycle counting reports
Performance reports Planned order schedules Planning reports
Exception reports 29. The centroid method for plant location uses
which of the following data? Probabilities and payoffs Correlation
matrix of existing facilities Volume of goods to be shipped between
existing points Inbound transportation costs Transport times between
facilities 30. In Hau Lee's uncertainty framework to classify supply
chains, a supply chain for functional products with an evolving supply
6. process is called which of the following? Responsive Forward looking
Efficient Risk hedging Agile
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OPS 571 Final Exam Guide New 2017 (Score 30 30)
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1. Identify a disadvantage of implementing group technology in a
firm. The number of employees required for a process increases
exponentially. The workers must be flexible enough to run several
machines and processes. It increases inventory. The waiting time
between operations is increased. 2. A shopkeeper purchases raw
materials to manufacture souvenirs for a local event that happens once
every five years. In this case. identify the model that the shopkeeper is
most likely to use to maintain stock. Lot sizing model Fixed—time
period model Fixed—order quantity model p. Single-period model 3
Define synchronous manufacturing as stated by Goldratt's theory. It is
a production process organized to achieve the goals of the firm. It is
an integrated set of activities designed to achieve high quality and
high levels of production with minimal inventories of raw materials. It
is a production process in which machines are the critical resource
used for scheduling. It is the optimization of the rate at which cash is
generated by production through sales. 4. involves testing random
samples of the end product from a process to determine if the process
is churning out items within the predetermined range. Organizational
leaming Statistical process control Cyclical strategic scheduling Event
simulation 5. Utilization is the ratio between the actual amount of
time a resource is activated for and the total amount of time the
resource is available for use. Utilization Lead time Service rate Pacing
6. The manager of a shop floor schedules production based on the
equipment that are used in the process as a key resource. In this case.
the manager is most likely using a backward scheduling forward
7. scheduling machine-limited process labor-limited process 7 Define
lead time. It is the time required to achieve high customer service with
minimum levels of inventory investment. It is the time required to
produce a variety of products typically at lower volume levels. It is
the time required to attend to a customer order. It is the time required
to position inventory in the supply chain. 8. refers to the integrated
activities designed to achieve high quality and high levels of
production with minimal inventories of raw materials and to eliminate
wastes. The Shingo system Kanban system Lean production Process
mapping 9. Define preventive maintenance. It is the grouping of
similar parts and processes into a specialized workcell. It is the
improvement that stems from both a person's experience and the
changes in equipment. product design. and administration. It is the
periodic inspection and repair of equipment to avoid breakdowns. It is
the emphasis of getting a product or a process right the first time. 10.
shows the relationship between the total number of units produced
and the unit production tim A Poisson distribution A learning curve
Cycle time Service rate 11 Identify a true statement about services. A
service is a tangible process. A service is inherently heterogeneous A
service has physical dimensions. A service has very limited or no
customer interaction. 12. In a the product remains in a specific
location and the equipment labor and material required for the product
are gathered to the specific location project layout functional layout
manufacturing cell workcenter 13. Rachel performs an analysis in
which she analyzes the performance of the clients of her organization
relative to the expectations of the client's customers. In this scenario.
Rachel is most likely using a Pareto analysis gap analysis Gantt chart
bar chart 14. is the design operation and improvement of the
processes that create and deliver a company's essential products and
services. Inventory control Operations and supply chain management
Product routing Aggregate sales and operations planning 15.
determines the amount of inventory, which includes parts.
components. and materials. necessary to produce a product Break-
even analysis Dynamic programming Material requirements planning
GAP analysis 16. Define customer order decoupling point. It involves
the analysis of current business data to better solve business problems
using mathematical calculations. It is the time required to attend a
8. customer order. It is the positioning of inventory in a supply chain. It
illustrates the method by which a company's strategy is delivered
through a set of supporting activities. 17. Define waste reduction. It is
the process of combining the concept of cross-docking and
consolidation. It is the elimination of non—value-adding activities
and the optimization of value-adding activities that are part of a
process. It is the optimization of the rate at which cash is generated by
production through sales. It is the integration of activities to increase
the customer value of a process. 18. Identify the true statements about
the learning curve theory. It assumes that the unit time for a task will
decrease at a decreasing rate. A drawback of the learning curve theory
is that the performance can be measured only in terms of time per
unit. In a learning curve. the time for task completion will increase
each time the task is undertaken. In a learning curve the reduction in
time will be unpredictable. 19. is the characteristics of a product in
terms of quality that are sorted as either conforming or
nonconforming to specification. The capability index A throughput
rate A learning curve An attribute 20. Identify a true statement about
an operations consulting process. Its results are immediately
measurable. It leads to changes in attitudes and culture of an
organization. Unlike general management consulting. operations
consulting does not require extensive interviewing of employees. It
takes a longer time than general management consulting to yield
results that can be measured. 21. Identify a true statement about water
transportation mode. It is a highly specialized mode of transport
limited to the delivery of gases- Moving high volumes of products is
costly. It can handle a high capacity of materials. Fast transit times
can be achieved in this mode of transportation. 22 A pharmaceutical
company keeps detailed documentation of its inventory. The company
replenishes its inventory whenever the inventory level falls below a
certain limit and there is a threat of a stockout. This company is most
likely using a model. fixed-order quantity fixed-time period
regression single-period 23. According to Goldratt's definition, is the
rate at which cash is generated by production through sales.
expediting throughput productivity cash flow 24. Identify an
advantage of pure projects. Team pride, motivation, and commitment
are high. Team members have authority over the project.
9. Organizational goals and policies are upheld. Duplication of resources
is eliminated 25. are used for decisions that are related to aggregate
and strategy demand- Process assessments P-models Periodic review
systems Strategic forecasts 26. Identify a disadvantage of pure
projects. Equipment and people are not shared across projects. A lot
of time is consumed while making decisions. Lines of communication
are lengthened. The project manager has no authority over the project.
27. is responsible for scheduling, dispatching, monitoring, and
regulating production on the shop floor. Manufacturing execution
system P-model ABC classification Enterprise resource planning 28.
is the average time required to finish a cycle of an operation. Cycle
time Lead time Queue time Changeover time 29. A manufacturing
firm efficiently assembles an airplane by bringing all the necessary
raw materials, parts, and equipment to a central location. This
scenario illustrates a functional layout workcenter manufacturing cell
project layout 30. The main objective of the aggregate operations plan
is to: achieve better integration between suppliers and manufacturers.
minimize the cost of resources necessary to meet demand. determine
future demand with the help of past data. keep demand and supply in
balance.
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OPS 571 Week 1 Assignment Flowchart Improvement
Process (2 Papers)
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This Tutorial contains 2 Papers OPS 571 Week 1 Assignment
Flowchart Improvement Process Purpose of Assignment The purpose
of this assignment is for students to learn process
flowcharting/improving a process and summarizing the results.
Assignment Steps Resources: Microsoft® PowerPoint® (or other
software such as Vizio, Word, etc.) Select a complex process from
your personal life or work. Use Microsoft® PowerPoint® or other
10. software including Vizio, Word, etc. to create a flowchart of the as-is
process. Define metrics and measure the current process. Use process
improvement techniques to improve the process. Use Microsoft®
PowerPoint® or other software such as Vizio, Word, etc. to create an
improved process flowchart. Use judgmental forecasting, which is
your professional judgement, to ascertain how the future process will
perform according to your metrics. Develop a 525-word executive
summary in which you describe your process improvement project
(including the as-is process flowchart and the improved process
flowchart). Note: Students and faculty are reminded both Six Sigma
readings and Lean Principles introduced in Week 2 are spread
throughout the entire course. Students will apply the knowledge from
the readings in their Learning Teams throughout the course. Format
your assignment consistent with APA guidelines.
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OPS 571 Week 1 DQ 1
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What are process flow structures? What structure does your
organization rely on the most? How effective has the structure been in
achieving organizational goals?
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OPS 571 Week 1 DQ 2
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What are some factors that affect global business processes? How
would these factors affect development of new processes? How are
11. those factors different from those that affect local business process
development?
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OPS 571 Week 1 DQs (New)
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• What are the major concepts defining the field of operations and
supply chain management? • What are some of the jobs and
career opportunities in operations and supply chain management?
(Chapter 1) • What is the definition of an operations and supply
chain strategy? •How are these strategies implemented? • How do
these strategies relate to business results of the firm? (Chapter 2) •
What are the characteristics of a manufacturing process? •
How are manufacturing processes organized and evaluated?
(Chapter 7) • What are the characteristics of a service process? •
What are the different types of service processes? (Chapter 9)
==============================================
OPS 571 Week 1 Individual Assignment Design a Flowchart
for a Process (2 Flowchart)
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This Tutorial contains 2 Different Flowcharts/Paper Individual
Assignment: Design a Flowchart for a Process • Select a process you
perform daily but would like to spend less time doing, such as driving
to work. Don’t use something as simple as combing your hair, reading
email or taking a shower. Those will not give you enough data points
to complete the assignments in latter weeks. Conversely don’t pick
12. something too complicated like month end closing of the books. •
Design a flowchart using an appropriate tool. Follow good flow
charting techniques. • Comment on the factors that affect the process
design. • Identify at least one metric to measure the process. • Submit
your flowchart for the process. • Begin collecting data for the
identified metric every day of the workweek. You must submit the
data collected at the end of each week.
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OPS 571 Week 1 Individual Assignment Process Design
Matrix and Summary (2 Papers) (New)
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This Tutorial contains 2 Set of Paper Complete the Process Design
Matrix. Write an executive summary identifying appropriate design
approaches for a selected product and service. Pick one service with
which you are familiar. Complete three to five line items such as
production line, self-service, or personal attention approach, on the
Process Design Matrix. Pick one product with which you are familiar.
Complete three to five line items such as Job shop, batch, assembly
line, or continuous flow approach, on the Process Design Matrix.
Required Elements: No more than 700 words Consistent with APA
format Submit Matrix with the Executive Summary Click the
Assignment Files tab to submit your assignment.
==============================================
OPS 571 Week 2 Assignment Statistical Process Control
Methods
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13. Purpose of Assignment The purpose of this assignment is for students
to learn how to apply Statistical Process Control Methods to a
business process. Assignment Steps Resources: Microsoft® Excel®
and PowerPoint® Select a complex continuous process from your
personal life or work. The process can be the same as in Week 1
assignment. Complete the following: • Use Microsoft®Excel®to
calculate the defined process metrics including variation and process
capability. • Use Microsoft®Excel®andPowerPoint®to develop
and display a control chart for the process. Evaluate the control chart
and process metrics using Statistical Process Control (SPC) methods.
Evaluate whether the process could benefit from the use of Six Sigma
tools. Develop a 525-word executive summary in which you describe
your Statistical Process Control project and include the control chart
with SPC. Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
==============================================
OPS 571 Week 2 DQ 1
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Week 2 Discussion Question 1
What is the learning curve and how can it be applied? Would the
learning curve be appropriate for your organization? Explain your
answer.
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OPS 571 Week 2 DQ 2
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14. Week 2 Discussion Question 2
What is Six Sigma? What are the advantages and disadvantages for
implementing Six Sigma in your organization? Analyze special
considerations and possible constraints of implementing Six Sigma in
an international business
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OPS 571 Week 2 DQs
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• What are the factors and keys influencing product design? •
What are the design differences between manufacturing and
service products? (Chapter 3) • What is the definition of an
operations and supply chain strategy? (Chapter 12) • Why does
statistical quality control lead to improvements in many businesses? •
How do you execute statistical quality control? (Chapter 13)
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OPS 571 Week 2 Individual Assignment Process Designs and
Supply Chains Presentation (2 PPT) (New)
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This Tutorial contains 2 Set of PPT This is part one of a two part
assignment starting with an introductory look at process design and
supply chains. Identify a company with which you are familiar. This
could be your place of employment, a car wash, a yard service
15. company, and so forth. Create an MS PowerPoint Presentation in
which you describe the current state of your selected company's
supply chain and an identified process. Required Elements: Describe
the company's supply chain Identify a process internal to the company
that you wish to analyze. Describe the process internal to the
company that you wish to analyze. Identify an appropriate design
approach for the process you have chosen. Create a high-level AS IS
process flow chart using an appropriate tool. Identify at least one
metric to measure the process and its application (how, what, when,
and who). Use an appropriate tool to collect data for each step of the
process. PowerPoint includes 4-5 slides with detailed speaker notes.
Click the Assignment Files tab to submit your assignment.
==============================================
OPS 571 Week 3 DQ 1
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Week 3 Discussion Question 1
What is a safety stock and when should it be used? How have safety
stocks been used in a global organization with which you are
familiar? Were they relied upon appropriately?
==============================================
OPS 571 Week 3 DQ 2
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Week 3 Discussion Question 2
TOC advocates exploiting process bottlenecks. What does this mean?
Provide at least two examples in business where this can be done
effectively.
16. ==============================================
OPS 571 Week 3 Individual Assignment Lean Techniques (2
Papers)
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This Tutorial contains 2 Papers Purpose of Assignment The purpose
of this assignment is for students to evaluate the lean techniques
applied to business in today's workforce. Note: Students and Faculty
seeking more information on this assignment can refer to Ch. 14 of
the Operations and Supply Chain Management textbook. Assignment
Steps Select a business you are familiar with which incorporates lean
manufacturing or lean supply chains. Evaluate how this firm uses lean
strategies and how much lean techniques has improved the firm's
efficiency. Evaluate ways the firm can go even further to make
improvements using lean techniques. Use the results you obtained
from evaluating this firm to apply to your own business or a business
you are interested in which currently does not use lean. Develop a
1,050-word report in which you describe your lean evaluation project.
Format your assignment consistent with APA guidelines. Click the
Assignment Files tab to submit your assignment
==============================================
OPS 571 Week 3 Individual Assignment Process Designs and
Supply Chains Presentation Part 2(2 PPT) (New)
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This Tutorial contains 2 Set of PPT Create an MS PowerPoint
Presentationin which you evaluate the current state of the process you
17. selected in Week Two and summarize the proposed future state.
Required Elements: Evaluate the efficiency and effectiveness of the
process selected in Week Two using the data collected. Determine
areas for improvement Design an improved process flow chart using
an appropriate tool. Summarize two items from this improved
process. Include an explanation of how these items could be used in
your personal or professional life to improve a process. PowerPoint
should include 4-5 slides with detailed speaker notes. Click the
Assignment FIles tab to submit your assignment.
==============================================
OPS 571 Week 3 Team Assignment Practice Operations
Simulation & Analysis, Part 1
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Week 3 - Practice Operations Simulation & Analysis, Part 1 Complete
the Practice Operations Simulation in Connect. Each Learning Team
member should complete Module 1 and Module 2. Take a screenshot
of the results when completed. Share the results with the Learning
Team. The screenshots of the results will be submitted along with the
assignment. Create a 1,400-word analysis of the Learning Team's
performance. In the analysis, be sure to do the following: Summarize
the learning team members' results. Discuss the major decision points
each team member made during Module 1 and Module 2 of the
simulation and the effect this had on their performance in the
modules. Explain how learning curve theory applied to the simulation.
Evaluate the team member's results including selecting the best
applications of inventory models and lean production. Defend the best
options for performance based on the results of Module 1 and Module
2 among the team members and explain why these were the most
efficient and effective. Format the assignment consistent with APA
guidelines. Click the Assignment Files tab to submit your assignment.
==============================================
18. OPS 571 Week 3 Team Six Sigma Yellow Belt Training (2
PPT)
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This Tutorial contains 2 Presentations of this Assignment Six Sigma
Yellow Belt Training Purpose of Assignment The purpose of this
assignment is for students to receive Six Sigma Yellow Belt Training
- Executing DMAIC (Define, Measure Analyze, Improve, Control)
Six Sigma Quality Improvement (define and measure) projects.
Assignment Steps Resources: Microsoft® PowerPoint® Select a
business where one of your team members works or one with which
you are familiar to make sure you are able to gather data, and for
which you can identify processes to improve. Execute the define
phase of the Six Sigma DMAIC project including the following: •
Identify customers and their priorities. • Identify a project suitable for
Six Sigma efforts based on: o Business objectives. o Customer needs
and feedback. For example, if the team chooses a fast food chain, they
could observe and record defects with preparation and delivery of the
food, cleaning of the restaurant inside and out, including the rest
rooms o Productivity of the operation and quality of service measured
by such metrics as: wait times per each customer from the time the
order is made until the customer is handed their food, customers
served per hour per total number of employees, number of errors
made in products served vs ordered, friendliness of the staff, and
cleanliness of the operation; including inside the restaurant, outside,
in the rest rooms, tables, floors, waste baskets, etc. • Identify and
develop the problem statement. • Identify CTQs (critical-to-quality
characteristics) the customer considers to have the most impact on
quality. Execute the measure phase of the Six Sigma DMAIC project
including the following: • Determine the metrics to measure the
process and how it is performing. • Identify the key internal processes
influencing CTQs and measure the defects currently generated
19. relative to those processes. Develop a 12- to 15-slide Microsoft®
PowerPoint® presentation, including detailed speaker notes,
highlighting the summary in which you describe your work on the
two phases of the Six Sigma process improvement project. Format
your assignment as if you would be giving a presentation to senior
management. Click the Assignment Files tab to submit your
assignment. Note: Grades are awarded based upon individual
contributions to the Learning Team assignment. Each Learning Team
member receives a grade based upon his/her contributions to the team
assignment. Not all students may receive the same grade for the team
assignment.
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OPS 571 Week 4 Assignment Operations Consulting (2 PPT)
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This Tutorial contains 2 Presentations Purpose of Assignment The
purpose of this assignment is for students to learn how to develop an
operations consulting proposal. Assignment Steps Resources:
Operations and Supply Chain Management: Ch. 25, Microsoft®
PowerPoint® Choose a business in the media having difficulties with
its operating model or one which is struggling in your community.
Evaluate how all or some of the items from the Operations Consulting
Tool Kit in Operations and Supply Chain Management could help this
business get back on track. Determine the resources and data you will
need to deploy an operations consulting engagement with this
business. Develop a business case including financial benefits on how
operations consulting can have a positive impact on the business.
Develop a 10- to 15-slide Microsoft® PowerPoint® presentation of
an operations consulting engagement proposal to the Chief Operating
Officer (COO) and Chief Executive Officer (CEO) of the target firm.
Format your assignment consistent with APA guidelines. Click the
Assignment Files tab to submit your assignment.
==============================================
20. OPS 571 Week 4 DQ 1
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Week 4 Discussion Question 1
How does capacity planning differ in service and manufacturing
organizations?
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OPS 571 Week 4 DQ 2
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Week 4 Discussion Question 2
What role does supply chain management play for organizations
seeking to gain the competitive advantage? Would it be advantageous
for your organization to focus its efforts on improving its supply
chain?
==============================================
OPS 571 Week 4 Team Assignment Supply Chain Design
Paper (2 Papers) (New)
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This Tutorial contains 2 Set of Paper Review the Riordan
Manufacturing Virtual Organization. Write a paper of no more than
1,400-words that includes the following: Determine Riordan's
21. manufacturing strategy (chase, level, or combination) and explain its
benefits Create a process flow diagram for the electric fan supply
chain Select two metrics to evaluate performance of the electric fan
supply chain Describe the supplier relationship and the effects on the
supply chain. As part of this consider the following: Type of
relationship Supplier location, size of company, and financial stability
Metrics used to measure supplier performance (on-time delivery,
defects, etc) Supplier improvement strategies Describe how lean
production principles may be used to maximize the efficiency and
effectiveness of the electric fan supply chain process Select a business
forecasting technique (qualitative or quantitative) for the electric fans
and describe the forecasting process to be used at Riordan Create a
sales forecast for electric fans using selected techniques Develop
Aggregate Production Plan, Master Schedule, and Materials
Requirement Plans for electric fans based off the sales forecast. Be
sure to include the following: The determination of inventory
requirements of the electric fans component parts and finished goods
The selection of an appropriate inventory system (fixed order
quantity, two bin method, etc.) to meet inventory requirements Click
the Assignment Files tab to submit your assignment. Begin working
on the Week Six assignment. In Week Six, you propose and
implement new process design and supply chain processes for the
manufacturing of Riordan's electric fans.
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OPS 571 Week 5 DQ 1
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Week 5 Discussion Question 1
Does your organization use an enterprise resource planning (ERP)
systems? If so does your organization rely on it and what influence
does globalization have on your ERP? If not choose an ERP system
and discuss why you believe this system can help your organization to
improve efficiency and performance.
22. ==============================================
OPS 571 Week 5 DQ 2
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Week 5 Discussion Question 2
What role does competitive intelligence play in international business
forecasting? Which qualitative techniques are most affected by
international differences?
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OPS 571 Week 5 Forecasting Assignment (New Syllabus)
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Purpose of Assignment The purpose of this assignment is for students
to learn how to apply Operations Forecasting. Assignment Steps
Resources: Microsoft® Excel® (Template provided) Select a business
operations dataset from the internet, which can be used for forecasting
what the results may be at a future state (monthly [for two years],
quarterly [for five years], annually [for 20 years]. (See example in the
Template). Use caution in using the template, as some of the cells
contain formatted functions for performing calculations. You should
only need to enter data into Column A and B only. Review the
template and the associated data. This should give you an idea of the
types of data you will require, and what the results columns reveal.
You are required to provide an APA formatted reference to the
location of the source data (Do Not just enter the Web Link). The
23. returned work from previous week's work, should give you some
insight as to what an APA reference should look like. Develop a run
over a given period, upper limit and lower limit as to confidence in
the forecast using Microsoft® Excel®.Template • Compare and
contrast each quadrant of the forecast. • Evaluate the impact this
forecast would have on the firm from a financial metrics standpoint,
by writing a 300-word report in which you describe your forecasting
project and what it means in terms of favorable or unfavorable
forecast and why or why not.. Format your assignment consistent with
APA guidelines.
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OPS 571 Week 5 Individual Assignment Project Management
Recommendation (2 Papers) (New)
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This Tutorial contains 2 Set of Paper Review the Project Management
email. Write an email response in which you address the following
points: Determine which project might be implemented and why (e.g.
feasibility study, breakeven analysis, etc). Describe the five phases of
a project Describe the key deliverables associated with the selected
project(s). Click the Assignment Files tab to submit your assignment.
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OPS 571 Week 5 Team Six Sigma Yellow Belt Training Part
II (2 PPT)
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This Tutorial contains 2 Presentations of this Assignment Purpose of
Assignment The purpose of this assignment is for students to receive
Six Sigma Yellow Belt Training Executing DMAIC Six Sigma
quality improvement (analyze, improve, and control) projects.
Assignment Steps Resources: Microsoft® PowerPoint® Use the same
business your team chose and has been observing and collecting data
for the Week 3 Learning Team Assignment. Execute the analyze
phase of the Six Sigma DMAIC project including the following: •
Determine the most likely causes of defects. • Understand why defects
are generated by identifying the key variables most likely to create
process variation. • Identify necessary/unnecessary process steps.
Execute the improve phase of the Six Sigma DMAIC project
including the following: • Identify means to remove the causes of
defects. • Confirm the key variables and quantify their effects on the
critical-to-quality characteristics (CTQs). • Identify the maximum
acceptance ranges of the key variables and a system for measuring
deviations of the variables. • Modify the process to stay within an
acceptable range. Execute the control phase of the Six Sigma DMAIC
project including the following: • Determine how to maintain the
improvements. • Determine how to monitor and control
improvements. • Put tools in place to ensure that the key variables
remain within the maximum acceptance ranges under the modified
process. Utilize all analytical tools available for Six Sigma as
permitted or appropriate including, but not limited to: flowcharts, run
charts, Pareto charts, checksheets, cause-and-effect diagrams,
opportunity flow diagram, process control charts, failure mode and
effect analysis (FMEA), design of experiments (DOE) and lean tools.
Students can use templates located in the text or online sources.
Develop a 10- to 15-slide Microsoft® PowerPoint® presentation,
including talking points, highlighting your work on the three phases
of the Six Sigma process improvement project. Format your
assignment as if you would be giving a presentation to senior
management. Compile the slides from the Week 3 Learning Team
Assignment, "Improve and Control Phases," with your Week 5 slides
into a final PowerPoint® presentation to be submitted for final credit.
25. Click the Assignment Files tab to submit your assignment. Note:
Grades are awarded based upon individual contributions to the
Learning Team assignment. Each Learning Team member receives a
grade based upon his/her contributions to the team assignment. Not all
students may receive the same grade for the team assignment.
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OPS 571 Week 6 DQ 1
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Week 6 Discussion Question 1
What criteria must be used when considering where to locate a facility
in the global business environment? What criteria does your
organization consider when deciding the location of a facility?
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OPS 571 Week 6 DQ 2
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Week 6 Discussion Question 2
What are the factors that affect international logistics? Which factor is
the most important in your current industry and why?
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OPS 571 Week 6 Signature Assignment (2 Papers)
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26. This Tutorial contains 2 Papers of this Assignment About Your
Signature Assignment This signature assignment is designed to align
with specific program student learning outcome(s) in your program.
Program Student Learning Outcomes are broad statements that
describe what students should know and be able to do upon
completion of their degree. The signature assignments may be graded
with an automated rubric that allows the University to collect data that
can be aggregated across a location or college/school and used for
program improvements. Purpose of Assignment The purpose of this
assignment is for students to demonstrate mastery of operations
management concepts and tools. Assignment Steps Develop a 700- to
1,050-word memo to a prospective employer outlining your
credentials, including: taking this class, all of the projects you have
done for this class individually and with your team, and their impact
on the businesses you have engaged with so a senior manager reading
it would want to hire you as either an operations consultant or
permanent employee. Summarize the business case for each project.
Outline what you specifically accomplished, assuming these projects
were implemented, and their estimated impacts on the business.
Utilize the learnings from Week 6 to highlight your skills in global
sourcing, procurement, and outsourcing which can also be of benefit
to your target firm. Format your assignment as if you would be giving
a presentation to senior management
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