What a marvelous Monday

A mad scientist in a lab couldn't design a show more likely to appeal to the sensibilities of yours truly, or one that dramatically teaches us more about how to succeed in any career or job search, than "The Voice", appearing now on NBC and Hulu. It's a talent show with a twist featuring the nation's scrappiest underdogs, each of them deserving, determined and doggedly running with their dreams towards the future. Bowed and bent, they've survived; belief in themselves and blows from the fates have been their constant comrades along the road too long thus far. Even the teenagers in the competition have put thousands of hours into their craft

Functions of Production and Operations Management

As production and operations management is a separate functional management, the main functions of production and operations manager are as follows:
- Planning
 - Organizing
- Controlling
- Behaviour
- Modeling

Planning
Planning is a process, which determines courses of actions, and guides for future decision-making. Operations manager defines the objectives of operations system. He/She decides in advance what to do? When to do? Who  does it? Where to do it? In other word, he/she defines operational policy, programs, operational  strategies, and procedures for attaining the operational objectives. Therefore, it includes product planning and designing, facility planning, and layout for conversion process of inputs into output.

Organizing
Organizing refers the structural relationship between authority and responsibility. Operations managers establish structural relationship within operations subsystem. They determine tasks and authorities of each individual, workcenters to achieve operations goals and objectives.

Controlling
Effective control is essential to achieve operational goals and objectives through effective implementation of plan. Therefore, operations manager controls all the activities comparing actual performance with the standards for corrective actions. Controlling may concern with cost, quality, and schedule.

Behaviour
Behaviour of workers and employees are affected by planning scheduling and controlling activities of operations managers. Therefore, they should always interested to know behaviours and interest of subordinates  that affect by planning, organizing and controlling operations.

Models
Operations managers have to face different type of problems, while managing conversion process. In order to overcome such problems, they use mathematical and quantitative techniques in decision making such as network analysis, linear programming, queuing theory etc.

Hyperlink

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Are you crazy about internet? Yes, I am crazy about the internet and different kinds of sites likes games, news and entertaintment related sites. Now a days i found a cool search engine like google and yahoo is Downsearch engine. This site can be downloads and can work well. I am enjoying this site with google and yahoo. So you can also enjoying with this.

Keencash

This is the one of the way of earning money for survival by earning extra money. In the keencash we can becomes member for the registering one time for a life time. I want to become the member of the keencash, if you also interested you can also becomes the member of this. and earn more and more for your additional income.

I have a little bit problems nowadays. I have no jobs. I have so many times which can't spent on a day. It is very difficult to spent my time on a daytime. I just live in my home but nothing to do. I want any kind of jobs but it is very difficult to get a job. I think I am a guy without any humor. Yesterday, I got my result, but it also provides me the same thing that I already have. I don't want to study, I don't like to do anythings, I just like to sleep in a whole day. But if i sleeps, I think the time has never change.

I think this is the time of frustration. Nothing can do. I know it is wrong for me and for my health but also i can't handle me with myselves. I just want to stay alone for some days.

Decision Tree Approach

           The decision making problems discussed earlier is based on single stage problems because of the payoffs, decision alternatives, states of nature and probabilities associated with the occurrence of states of nature are not changed. However, when the decision maker needs to revise decisions on getting new information, he make a sequence of other decisions.In such a case the problem becomes a multi-stage decision problem because the consequence of one decision affects future decision. Thus, if the sequence of decisions are to be made simultaneously, the decision tree approach is more useful and informative.

           A decision tree is nothing but a graphic device of showing the sequence of decisions to be made and the possible events that may occur. In other words a graphic display of the decision process indicating decision alternatives states of nature probabilities  attached to the states of nature, and conditional benefits and losses is called a decision tree. The decision diagram looks very much like a drawing of a tree, therefore also called decision tree. It helps a decision problem where he is required to make a sequence of decision rather than only a single one.

Queuing Theory: an introduction

It is a common experience with all of us that for getting any sort of goods or services from any shop or service center namely Railway station, Banks, Airports, Cinema halls, Clinics, Grocery stores, Government offices etc. We are to wait in a line or queue for a long time at the concerned counters. This sort of waiting not only cause irritation and dissatisfaction in the minds of the waiters but also makes it very much expensive and time consuming on their part of energy, equipment, valuable opportunities etc. 

Simplex method

When there are more than two decision variables in a LP problem, the method of solving linear programming problem by graphic method is not suitable. A procedure known as simplex method can be used to find the optimal solution. The simplex method is an efficient iterative method and is widely used in solving linear programming problems containing several variables and constraints. This method helps in examining the corner points of the feasible solution space in a systematic manner in the search of an  optimal solution space in a systematic manner in the search of an optimal solution of an LP problem ensuring highest profit or the lowest cost under given constraints is obtained. The simplex method begins with zero solution and at each step of the iteration, the value of the objective function is increased until no further improvement is possible.

Nauture

Village view from plane

Nauture

Beautiful Place

Transportation problem

Transportation problem is also the problem of resource allocation, like linear programming. This is the application of distribution of physical goods and services from several origin or sources to several destination or consumption point. Transportation problem can also be solved by using LP model but due to large number of variables and constraints it consumes very long time to solve it. For this cause, transportation algorithm is developed. It is also known as stepping stone method and modified distribution method.

Transportation problem involves large number of shipping routes from several supply origins to several demand destinations. The main objective of TP is to determine the number of units to be supplied to destinations in order to satisfy the available quantity and required quantity of goods to optimize the objective of minimization of cost or maximization of profit.

Worker's Physiology

Worker's physiology is concerned with the study of the workers' physiology related to their work. It studies grip, strength, lifting ability, and many others physiological factors that have to be well considered for job design. Work place arrangement, job design, and equipment design need the study of physiological factors. Physical capabilities of workers can be obtained from industrial engineering handbook. The 'Ergonomics' often, called human factor engineering is used to study the relationship between machine and man of a work. The objective of applying ergonomics is to fit the work to the body rather than forcing the body to confirm to the work. It aims in safety, comfortability, and efficiency at work through good relationship between machine, material, man environment and methods. It tries to design job, arrange machines, and equipments, considering the physiological factors of workers.

Business Plan

Many firms and companies use a formal business planning. It determines both long range and short range and that range decision for running the overall business.The terms and conditions are evaluated in financial terms of their financial impact on the business and plans are expressed in financial terms. It is a statement of organizations overall activities of coming periods. It is developed by top executives considering general economic conditions, anticipated conditions of industries, competitive consideration etc. Business plan is the understanding agreement between all functional departments. It is not developed on detail by specifying timing of activities for execution rather it determines framework for achieving goals. Therefore it is a guide for lower level and to make detail plans and decision.

Job Design

Today's job of operations manager is complex because he/she has to manage all employees and workers involved in the production of goods and services. For operational managers, managing people is challenging because of differences in culture, education, attitude, and belief of the employees. All these  require frequent restructuring of organization without minimizing quality of goods and services. In order to manage people effectively, operations manager should develop effective designs, standards, and measurement of jobs for them.

One of the best ways used for increasing productivity of an organization is job design. It is a technique to structure the job of workers to adjust physical and behavioral needs of workers and employees. For this purpose, work measurement method is used to determine the most effecient means for working the task of each employee in reasonable set of standards. Employees can be motivated in different ways but operations manager can structure a job not only for motivating the employees but also reinforce them to the most important aspects of the job.

Job refers a group of interrelated activities or tasks, which needs to perform for achieving organization objectives. A group of jobs is called department, departments are grouped on the basis of nature of function like production/operations department, marketing department, finance department, etc. Job design is the process of specifying the content of activities of each job and determining how it is distributed within organization. In the words, Job design may be defined as the function of specifying volume of works or activities of an individual or group in an organizational setting. Its objective is to develop job structures that meet the requirements of the organization and its technology and that satisfy jobholder's personal and individual requirements.

The objectives of job design are as follows:
- Technical feasibility
- Economic feasibility
- Physical feasibility.

Joint venture

Joint ventures: This is a mostly used strategy for a company to enter into any foreign country. An independent company created by two or more firms by combining parts of their assets is called as joint venture. They are created by combining the resources and expertise needed to develop new products or technologies. Joint ventures are owned by creating firms jointly and they are seen as very effective in establishing long-term relationships and in transferring management competence and skill which can not be so easily learned. In Nepal, there are aerating under technical agreements with foreign banks as joint ventures.

Conglomerate

A "conglomerate", being an assembly, under one management, of a wide diversity of businesses without a common core of unity, cannot expect superior results and performance in the long run, and, specially not in turbulent times."
 From the above statement it is clear that diversification and performance are related but there are many conditions to interpret their perfect relations. In other words, there are inconclusive relations. When a firm is in single-product businesses and tries to diversify around its competencies, markets can have a competitive advantage and profits. Otherwise, it would be costly diversification.

What is Decision

The success and failure of any organization or individual depends to the large extent on the ability of decision-making. In an organization, management have to make several decisions like make or buy, drop or continue, accept or reject, change the process or continue, capital investment (capital budgeting), etc. In case of an individual there may be decided that whether to do or not, accept or reject or ignore etc. The sense of decision-making is only viable if there are alternatives for selection, unless there is no need for decision making. Decision maker has to select option from different alternatives in such a way that it can maximize the value. To overcome the problem of decision-making, decision theory helps decision maker to make proper decision.

Strategy

Strategy is a key planning tools for the smooth running of an organization and the achievement of its goal of long-term survival and growth. I is regarded as the most important tools of top management to cope with external environmental challenges. Strategy is needed to anticipate the areas in which the greatest changes are likely to occur and to make business plans to cope with these changes.

Should it be the solution for me?

I wanted to become a canvas arts essay writer and tried to define the art essay on here. Art encourages us to use flowery words. Illustrating the actual image in details and how it move around at the back of our mind. This is one way of telling our readers what   actually happened and get them into the picture. This is the advantage of writing our art essay. We are free to write almost everything as long as it does not exaggerate that eventually bore our readers.

Art essay done in different formatting style: APA, MLA, or Harvard. If we have decided to use one of these formats, make sure we follow their standard referencing. Writing art essay always recommend us to stick to the standard form of essay writing. It has the   introductory paragraph, the body and the conclusion. These are the major parts in writing our art essay. But we must proofread our work to avoid flaws and grammatical error.

Orchid

Hope you too enjoy with orchid's flower.

The best definition of CEO

Crucial to the success of strategic management is the role of the corporate-level general manager: the chief executive officer. The CEO is responsible for defining what business the firm is in and matching the best product-market opportunities with the best use of the enterprise's resources. This person must conceptualize the strategy and then initiate and maintain the strategic management process.

Photoes

Photography, is one of the sweetest work to do. I enjoy my time on photography. Please just view the photo taken by me. This is one of the beautiful flowers i ever seen in my life. 

computer

How many of us knows about computer. Most of us knows about computer is that the machine which works fast, and where we can chat and updates our status in facebook, twitter, myspace and etc. But computer is a essential machine that everybody must have it to know the world. It is the combination of the hardware and software. It is also the tools to know the latest news and latest technology, we have to accept this. It is necessity of our life and the time also.
What you thick the definition of computer?

Accident

Today, i went to New Baneshwor for my personal work. When I came back from there, I got a accident on the way. When I rode on the bus from Baneshwor, there is another bus of Nepal Yatayat which is came together with the same bus of Kadaghari. When we reaches on the Tinkune, then the Nepal Yatayat hit the Kadaghari's bus. All the passengers were afraid and started to cry. But the Nepal Yatayat's runs away after hitting this. After some time, Traffic was reached, and asked some question to the driver. This was happen because of their personal issues. I just becomes curious what the issue was. It is clear now when it came in the national news paper that the amount of money has to be paid to the Kadagharis' bus wasnot paid to the Yatayat's bus. 

It is not the way to take a lead of that kinds of attack with passenger. From the two's quarrel, around 12-14 people was came in to the risk. For that kinds of quarrel and breaking the traffic's rule, the law must have to be punishend.