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Operations Management/Questions

SubjectDate AskedExpert
forecasting question7/9/2010Giuseppe Lovecchio, CFPIM, CSCP
  Q: Hoops Industries has a simple forecasting model. The following table shows the forecast for eight ...
  A: These are the results Week F'cast Actual MAD MAPE RSFE Tracking signal 1 140 137 3 2% -3 ...
Aggregate Production planning4/23/2010Giuseppe Lovecchio, CFPIM, CSCP
  Q: recently i've got answer for my Ques:what is aggregate production planning? but now i want a example ...
  A: I've done two cases, Level ($ 353000) and Chase ($393000) If you want the excel file, please send ...
duration and fees4/19/2010Giuseppe Lovecchio, CFPIM, CSCP
  Q: i would like to know the fees of the course production management and the duration of the course ...
  A: Good morning Dear Isaak, the course is delivered via Webinar on internet We need to arrange date and ...
Operations management4/3/2010Giuseppe Lovecchio, CFPIM, CSCP
  Q: Q1) What is operations strategy? Why does Operations strategy keep changing for Companies ...
  A: Q1) OS is the strategy concerning manufacturing and logistics key choices to be compliant with the ...
operation management2/10/2010Giuseppe Lovecchio, CFPIM, CSCP
  Q: 1)explain aggregate production planning.Give an example from two wheeler industry. 2) Define Value ...
  A: Aggregate planning is done by product fanily --SEE production planning technique in the MRP 2 model ...
operations management1/9/2010Giuseppe Lovecchio, CFPIM, CSCP
  Q: Q1 Explain aggregate production planning.Give an example from two wheeler industry? Q2 How has ...
  A: Good morning dear Nancy, herein the answers Q1) Aggregate production planning is the method to ...
operation management11/14/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: 1)what factors account for the resurgence of interest in operation management today. 2) in your ...
  A: 1) operations managemnt today is key for resurgence, after the financial disaster. Who misunderstand ...
office management11/11/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: sir,i have been selected as a business manager of a hardware and networking institute and i have ...
  A: Office management starts from thse points: 1) Clear and shared annual goals 2) verify roles, ...
operation management9/21/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: Q1. A. What factor account for the resurgence of interest in OM today? B. What strategies are used ...
  A: Daer Anshul, herein my answers: Q1 & Q2: Littl'e law is a law of the queuing theory, where the ...
Career Advise9/9/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: I am currently a senior in a B.S. in Mechanical Engineering program with a minor in business ...
  A: In muy opinion a technical background is always neeeded, so you need to push first for the M.S. in ...
Assignment7/13/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: 1. Briefly discuss the advantages and disadvantages of Kaizen. Explain how the relevance of the ...
  A: 1) Kaizen (continuos improvement) fits well when you need to improve your organization with a ...
operation management6/20/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: Veena Industries, manufacturers of Computer peripherals, require certain items costing Rs. 3.75/- ...
  A: You need to define an Economic Order Quantity (EOQ) where EOQ = square root (2AS / ic) where : A = ...
Information Management6/19/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: I am researching what business challenges various companies face on a day-to-day basis in regards to ...
  A: I understand your needs. Just to clarify, I'm not an information system expert, but a business ...
SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT5/12/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: Que.What do you mean by investment? Briefly describe the various steps involved in the investment ...
  A: investment is an economic and financial operation where you recover the money spent in a period ...
Operation Management4/23/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: Compare differences in design strategies for developing an initial layout design for a new facility ...
  A: An initial layout design takes into account: - environment - infrastructures (road, etc) - ...
production management4/18/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: application of value engineering in a tractor manufacturing firm
  A: I'd consider value engineering in research and development and manufacturing engineering: prevent ...
Quantitative Analysis4/14/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: What do you mean by a seasonal index? Explain ratio link relatives method of measuring seasonal ...
  A: Seasonal index (SI) is a value you have to multiply to a deseasonized demand, in order to adjust ...
MS-34/10/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: The sectoral contributions to the three sectors namely primary, seondary and teriary to the national ...
  A: Globalization has changed the rates and the positioning of the sectors worldwide. 1) Primary sector ...
facility layout design3/26/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: canyou pls help me with an answer for the below: Compare differences in design strategies for ...
  A: It depends of course on the production and logistics process and products you can apply for. ...
Human Resource Management3/16/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: my question is that "How can we appraise HR performance? What are the step in appraising HR ...
  A: HR performance can be measured via KPI on total people as: - % retention - % absenteeism - % ...
Quality Management3/9/2009Giuseppe Lovecchio, CFPIM, CSCP
  Q: I am a small business Enterprenuer. I have just open my second store and my staf complement has ...
  A: In retail business, where the consumer relationship is key, the quality topics are of extreme ...

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