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Assignment #1 Operations Management BMGT 203 PLACE YOUR ANSWERS IN THE AREA INDICATED 1. A company in Mexico makes bicycle wheels. They make 10,000 per day with the following resources: a) Capital costs and overhead costs: $14,000 per day b ) Labour: 600 hours per day at $6.50 per hour c ) Raw Material: 1,000 kilograms of rubber per day at $1 per kilogram and 1,000 kilograms of aluminum per day at $2 per kilogram d) Energy: $4000 per day a) What is the labour productivity per labour-hour. b) What is the multifactor productivity for these bicycle wheels? c) If energy costs can be reduced by $1000 per day without any other changes or losses in productivity what is the percent change in multifactor productivity? d) What would be the single most impactful change which to the cost of these resources that would improve your calculated multifactor productivity. Explain your answer with a numerical example. (Hint: Review Week 1 homework) Answer: Question Answer a) Labour productivity per labour-hour b) Mulitifactor productivity c) Percent Change in multifactor productivity Improvement in multifactor productivity Show your calculations here (mandatory):. Operations Management ASSIgnment #1 BMGT 203 PLACE YOUR ANSWERS IN THE AREA INDICATED 2. Review the case 'A Hospital Benchmarks Against the Ferrari Racing Team\" in your text in Chapter 6 Select the 3 most effective of the 7 TQM tools shown in Figure 6.6 of your text for use in improving 'handofl' challenge faced by hospitals. Explain why you have selected these 3 our of the 7 as being the most effective for this situation. Be explicit and explain specically how these tools have best helped improve the 'handoff' and why you understand them to be the most relevant of the 7 possible tools to use. Answer: TQM Tool Brief explanation of how it could help Assignment #1 Operations Management BMGT 203 PLACE YOUR ANSWERS IN THE AREA INDICATED 3. What are 3 reasons productivity is difficult to improve in the service sector? Provide numerical examples to illustrate each. Answer: 1 2. 3.Assignment #1 Operations Management BMGT 203 PLACE YOUR ANSWERS IN THE AREA INDICATED 4. Using A-O-N, diagram the network described below for Samantha's construction project. a) Calculate its critical path. b) How long is the minimum duration of this network? Activity Predecessor Time (weeks) 9 K 9 L 6 M K 3 N K 2 O T P M, N, O 4 Answer: a) Critical Path (number of weeks) b) Minimum duration of this network (weeks Show you're A-O-N diagram here:. Operations Management A55|gnment #1 BMGT 203 PLACE YOUR ANSWERS IN THE AREA INDICATED 5. Prepare a flowchart for 'making a sandwich'. Place Your Flowchart Here: Assignment #1 Operations Management BMGT 203 PLACE YOUR ANSWERS IN THE AREA INDICATED 6. Prepare a time-function map for 'making a sandwich'. Place Your Time-Function Map Here:Assignment #1 Operations Management BMGT 203 PLACE YOUR ANSWERS IN THE AREA INDICATED 7. If you were to start a company what would it be? a) If the mission statement is the purpose or rationale for your company's existence, what would the mission of your company be? b) Strategy is how an organization expects to achieve its mission and goals. Of the Ten Strategic OM Decisions (see Chapter 2) pick the 3 most important to your company. Explain why each is important to achieving your mission. Answer: Your Answer What is your company? a) Missions Statement b Strategic Decision #1 Strategic Decision #2 Strategic Decision #3