| 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 |
Thursday, June 30, 2011
What a marvelous Monday
Wednesday, June 29, 2011
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.
- 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.
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Keencash
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Tuesday, June 28, 2011
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.
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.
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.
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