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Operations Management (MD021) PowerPoint PPT Presentation

Operations Management (MD021) - Linear Regression - technique for fitting a line to a set of points. Least squares line - minimizes sum of squared deviations around the line ...

Linear Regression - technique for fitting a line to a set of points. Least squares line - minimizes sum of squared deviations around the line ...

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Operations Management (MD021) - Too much emphasis on short-term financial performance. Failing to take advantage of strengths and opportunities ... Motel-6, Red Roof Inns. Low Cost. Price ...

Too much emphasis on short-term financial performance. Failing to take advantage of strengths and opportunities ... Motel-6, Red Roof Inns. Low Cost. Price ...

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Operations Management (MD021) - How many of you religiously watch ... 'Mad Money' with ... Maid Service. Manual car wash. Teaching. Lawn mowing. High percentage goods. Low percentage service ...

How many of you religiously watch ... 'Mad Money' with ... Maid Service. Manual car wash. Teaching. Lawn mowing. High percentage goods. Low percentage service ...

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Operations Management (MD021) - Kanban cards. Close vendor relationships. Reduced transaction ... Non-repetitive (custom) production. Obstacles to Conversion. Management may not be committed ...

Kanban cards. Close vendor relationships. Reduced transaction ... Non-repetitive (custom) production. Obstacles to Conversion. Management may not be committed ...

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Operations Management (MD021) - Capacity is the upper limit or ceiling on the load that an operating unit can handle ... Poured Into. Funnel. Basic capacity management questions ...

Capacity is the upper limit or ceiling on the load that an operating unit can handle ... Poured Into. Funnel. Basic capacity management questions ...

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Operations Management (MD021) - Geographic information systems can aid location decisions ... Boston (on the Mass Pike, 85 miles apart) (assume Mass Pike is a straight line) ...

Geographic information systems can aid location decisions ... Boston (on the Mass Pike, 85 miles apart) (assume Mass Pike is a straight line) ...

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Operations Management MD021 - built into the. product. Most. progressive. Examples. On-Star (cars) Self-updating software ... Invented by Walter Shewhart at Western Electric in early 1900s ...

built into the. product. Most. progressive. Examples. On-Star (cars) Self-updating software ... Invented by Walter Shewhart at Western Electric in early 1900s ...

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Operations Management MD021 - MAn. n. Ai. i = 1. n. Actual. MA3. MA5. Exponential Smoothing ... Example of a Worksheet for Calculating MAD, MSE, MAPE ... Ratio of cumulative error to MAD ...

MAn. n. Ai. i = 1. n. Actual. MA3. MA5. Exponential Smoothing ... Example of a Worksheet for Calculating MAD, MSE, MAPE ... Ratio of cumulative error to MAD ...

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Operations Management (MD021) - Grasshopper, you will learn capacity management by meditating about ... Funnel. Sand ... Creating a balanced production system can be fairly easy in simple ...

Grasshopper, you will learn capacity management by meditating about ... Funnel. Sand ... Creating a balanced production system can be fairly easy in simple ...

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Operations Management MD021 - Loss of customer goodwill. Reduction in customer satisfaction ... Grocery stores multiple lines with multiple checkers (one line per server) ...

Loss of customer goodwill. Reduction in customer satisfaction ... Grocery stores multiple lines with multiple checkers (one line per server) ...

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Management and Operations (MD021) PowerPoint PPT Presentation

Management and Operations (MD021) - Paid for college by working in ... Work-Study student in U of C B-School admissions department (1986-1989) ... Motel-6, Red Roof Inns. Low Cost. Price ...

Paid for college by working in ... Work-Study student in U of C B-School admissions department (1986-1989) ... Motel-6, Red Roof Inns. Low Cost. Price ...

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Operations Management MD021 - fixed dollar amount per order, regardless of order size ... Shortage cost: generally the unrealized profits per unit (plus loss of customer goodwill) ...

fixed dollar amount per order, regardless of order size ... Shortage cost: generally the unrealized profits per unit (plus loss of customer goodwill) ...

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Operations Management (MD021) Project Management Agenda PowerPoint PPT Presentation

Operations Management (MD021) Project Management Agenda - Operations Management (MD021) Project Management Agenda Projects and Project Management Tools and Technologies Network Diagrams Deterministic Time Estimates Project ...

Operations Management (MD021) Project Management Agenda Projects and Project Management Tools and Technologies Network Diagrams Deterministic Time Estimates Project ...

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Operations Management (MD021) - Economic Order Quantity Inventory Models. Reorder Point/Reorder Quantity Inventory Models ... cut flowers. commemorative t-shirts and souvenirs. spare parts ...

Economic Order Quantity Inventory Models. Reorder Point/Reorder Quantity Inventory Models ... cut flowers. commemorative t-shirts and souvenirs. spare parts ...

Md021 PowerPoint PPT Presentations