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Operations Management
Q1. A company has asked YOU to evaluate
the firm’s productivity by comparing this year’s performance with last year’s.
The following data are available: ______________Last Year This Year OUTPUT 10
500 units 12 100 units
Labor Hours 12 000 13 200 Utilities 7
600 MU 8 250 MU Capital 83 000 MU 88 000 MU Has the company improved its
PRODUCTIVITY during the past year?
Q2. A Turkish manufacturing company
operating a subsidiary in TRNC shows the following results: TURKEY TRNC Sales
(in units) 100.000 20.000 Labor (hours) 20.000 15.000 Raw materials (in MU)
20.000 2.000 Capital Equipment (hrs) 60.000 5.000 a. Calculate single factor
productivity figures of labor and capital for the parent and subsidiary. Do the
results seem misleading? b. Now compute multifactor labor and capital
productivity figures. Are the results better? c. Finally, calculate raw
material productivity figures. Explain why these figures might be greater in
TRNC.
Q3. What do you see as the main problem
with qualitative (judgmental) forecasts? Are they ever better than “objective” methods?
Q4. Regression and correlation are both
termed “causal” methods of forecasting. Explain how they are similar in this respect
and also how they are different.
Q5. What are the major decision areas
in P/OM?
Q6. What is continuous improvement
(CI)? What are the major tools for this philosophy?
Q7. How does productivity measurement
differ between manufacturing and service operations?
Q8. List the types of quality costs.
Assignment Solutions, Case study Answer sheets
Project Report and Thesis - Contact
ARAVIND – 09901366442 – 09902787224
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