Question: Assuming that each business partner will give 300,000$ capital to start a business. It should be unique and innovated Propose one feasible business. For the introduction write down the concept of the business, logo and its meaning Business partners (for group) and sole proprietorship (for individual). Discuss how the capital will be divided by the partners and describe its job title and brief of descriptions of each functions. ...
Your answer should be between 2000 words excluding reference words. Submit your answers in the form of a single MS Word file on or before the submission date. Use Times Roman font size 12, single line spacing and with a content page as well . According to a MICE Economic Impact Assessment commissioned by Singapore Tourism Board in 2019, the industry supported &n...
Task Assignment Content Write a 700- to 750-word paper in which you recommend and evaluate a selected business process improvement plan for an organization (Office furniture manufacturing) Identify and develop plans to eliminate the root causes of waste in your organization, and recommend a strategy for continuous improvement and alignment with organizational goals. Include in your paper the metrics and processes you will empl...
Set the Context and Analyze 4Vs and Performance ObjectivesYour task is to apply OM module material to analyse and critically evaluate an operation of your choice, making recommendations for improvement. Â Part A:Set the context with a brief description of the operation, and then provide an analysis of the 4Vs and performance objectives of the operation, highlighting the key issues exposed through this analysis. Â Pa...
Customers want innovation. The businesses that provide it can succeed to a greater degree than their competitors that are content to offer the same things (or services) to their customers created in the same old way. Hence the mantra for CEOs: “innovate or die”. Organizations such as Google, Amazon, Netflix, Airbnb, Apple and Dropbox are successful because they have refreshed the idea of what their markets want. The ...
Question :This assignment will require your group to conduct a comprehensive Operations Management (OM) analysis of an organization of your choice. Your group will select an actual company of your choice. Select a business that you are familiar with, is of interest to you, and where one of the members of your group currently works. Having access to managers and other personnel will be of benefit when doing your topic All company choices are s...
Question: Multiple Server System Simulation Multiple Server System Simulation You are an engineering manager in charge of a service center where customers arrive to the center with an arrival rate l = 30 customer and hr. As shown in below figure, the service center has parallel 3 service stations each with a service rate m = 12 customer/hr. Both inter-arrival and service times are exponential. -As an Engineering Manager of the service center...
Task Introduction You are part of a team (three to five students) who together make up the executive managers of a company, which is entering the European Car Industry. You will set up a car manufacturing company, design cars and sell these. Your company is in competition with the others within your seminar group and within the wider marketplace. Achievement of this is through participation in a business simulation exercise (“The Busine...
Task: Essay consists of Introduction, Discussion, Conclusion and References. Appropriate and meaningful subheadings are recommended to lay out your ideas. Tables, figures or time plots should be used to support discussion/argument.Should envisage a self-explanatory title (less than 8 words) for each essay, which should be stated at Title page.In-text citations, references, quotations, reference list, tables and figures are formatted and cited ...
Case ScenarioThe assignment focuses on the use of QFD, but is not primarily an assignment about QFD. The QFD process provides the focus for a procedure (and audit of that procedure). The assignment does not expect a QFD to be undertaken, nor detailed knowledge of QFD beyond what can be easily sourced online. The level of QFD required does not go beyond what was covered in the block course, and a zoom recording and lecture notes exists for that...
Section A: Statistical Process Control (SPC) TheoryDesign a quality improvement program, select and identify suitable tools and techniques. Discuss the importance of performance measurement and explain how performance measurement system, benchmarking, and other techniques can help a company achieve continuous improvement. Compare the different approaches to quality costing and evaluate the effectiveness of these methods. 1. Your proc...
Advantages of Drive-Thru Vaccination SitesQ-The supply of emergency authorized vaccines for SARS-CoV-2 is expected to surge in the next two months, definitely as the European Medicine Authority (EMA) is about to approve the single-dose Johnson & Johnson vaccine in the middle of March. A big challenge for all EU governments is to ramp up vaccine injection capacity to have all adults vaccinated by the end of the summer; or at least, tho...
BackgroundThe business involving SMEs as well as the trend to mass customization in bigger companies often lead to manufacturing in low volumes, which requires a different approach and tools for Quality Management. The aim of the project is to identify and demonstrate quality management tools to be used in low volume production environment. •Evaluate different types of Quality control tools used in production. •Investigate...
Overview of Container OptionsThis project will give you a more extended problem-solving experience and provide the opportunity to explore applications more deeply. The project also gives you the experience of communicating your work in writing in a clear and logical form, an essential skill in the business world. You must submit your finished project on Blackboard. It is worth 15% of your final course grade. The project is graded out of ...
Walmart's Inventory Management and Replenishment PolicyAs a manager at Wal-Mart, you have just realized that the store frequently runs out of Nutella-spread jars. You are suspecting that there might be a problem with the replenishment policy. Thus, you have decided to gather more data. The demand for Nutella turns out to be normally distributed. The mean demand for one week is 200 jars and the standard deviation for the weekly de...