You as a plant operations manager of a milling plant is to determine the Lot size for a particular milling plant that has a steady demand of 30000 tones/day. The production rate is 190000 tones/day, with annual demand of 10500000 tones, set up cost is K 200000, annual holding cost is K 210/tone, and a plant operates 350 days/year. (a) State the formula and calculate the Production Order Quantity (POQ) (b) Compare and contrast the Economic Order Quantity (EOQ) and Production Order Quantity (POQ) by explaining the models’ salient fetures, assumptions and their theory limitations.
What do the four quadrants of the conceptual HIS planning framework presented in this chapter represent? Why are the quadrants organized as they are, and what does it mean to have a balanced HIS architecture?
Makers Crafts is facing strong competition in the retail craft chain-store market. Easy Crafts, a new discount craft-store chain, is opening stores in many of Makers Crafts’ market areas. Makers Crafts has been a leader in the craft supply marketplace due to the company’s superior customer service provided by a well-trained and compensated retail staff that are experts in crafts. Customers have enjoyed the opportunity to gain advice and ideas from the company’s talented workers over the years, and customers are loyal to the committed staff. However, the new discount chain is drawing away customers by recruiting the experienced staff […]
what is important to his and technology planning for healthcare organization to have devolved its strategic business plan ? if the organization or business does not have strategic business plan what should his planners do ?
Currently most operations in the business world are (organizations) are having a face of international (Global) in terms of operations and product processes: (a) By stating and incorporating the four (4) different characteristics (dimensions) (4Vs) of operations process, briefly explain why such a paradigm shift to international product processes and operations for most organizations. (b) What drivers make Global (internationalization) operations paradigms important in many business ventures and organizations?
You are a management consultant who has been asked by the Green Company to help design an ethics and communication and training program for all Green Company employees. Your meetings to date have ben with the head of human resources, and your contract with the company has been negotiated with him. Once the papers have been signed, you begin your research, and are quickly stymied by the Green Company’s corporate counsel. She/He announces that you will not be allowed to ask employees about ethical dilemmas that have occurred at Green. He specifically asks you to get your information from other […]
The nurse is preparing to care for a patient newly diagnosed with thrombophlebitis who is scheduled to receive heparin 5000 units subcutaneously now and every 8 hours. the heparin comes from the pharmacy as a multi-dose vial. which information does the nurse need to know about the medication and vial before administering? Which information does the nurse need to know before administering the heparin?