...INTRODUCTION Proper planning and control of spare parts inventory is a critical component of an effective asset management program. If the right parts are not on hand when needed for routine maintenance or repairs, downtime is prolonged. If too many parts are on hand, the enterprise absorbs excessive costs and the overhead of carrying the inventory. There are tried and true strategies to manage spare parts in support of effective asset management, along with some that can be considered questionable, and a variety of new and innovative practices. Advanced enterprise asset management (EAM) solutions support the proper implementation of these capabilities. Following are examples of each. Item search. It can be frustrating to a maintenance planner who is not familiar with item numbers to locate the appropriate part in a computer system. Nouns and qualifiers are a way of simplifying a search. A noun is a simple, meaningful name for the item, for example "pump." The qualifier adds more detail, such as "hydraulic." A search on this combination will bring up all hydraulic pumps in the stock item master file. An assortment of captions and a detailed item description can provide an increasingly narrowed search that considers make, model, size, formulation, capacity, etc. If the part can be substituted with an alternate or equivalent part, that reference also should be stored in the stock record. ABC and XYZ analyses. The generally accepted 80:20 rule illustrates that approximately...
Words: 4387 - Pages: 18
...MANAGEMENT OF SPARE PARTS INVENTORY IN A MANUFACTURING ORGANIZATION INTRODUCTION Proper planning and control of spare parts inventory is a critical component of an effective asset management program. If the right parts are not on hand when needed for routine maintenance or repairs, downtime is prolonged. If too many parts are on hand, the enterprise absorbs excessive costs and the overhead of carrying the inventory. There are tried and true strategies to manage spare parts in support of effective asset management, along with some that can be considered questionable, and a variety of new and innovative practices. Advanced enterprise asset management (EAM) solutions support the proper implementation of these capabilities. Following are examples of each. Item search. It can be frustrating to a maintenance planner who is not familiar with item numbers to locate the appropriate part in a computer system. Nouns and qualifiers are a way of simplifying a search. A noun is a simple, meaningful name for the item, for example "pump." The qualifier adds more detail, such as "hydraulic." A search on this combination will bring up all hydraulic pumps in the stock item master file. An assortment of captions and a detailed item description can provide an increasingly narrowed search that considers make, model, size, formulation, capacity, etc. If the part can be substituted with an alternate or equivalent part, that reference also should be stored in the stock record. ABC and XYZ analyses...
Words: 4390 - Pages: 18
...Human Resource Practices In Hotel Industry Visit hrmba.blogspot.com allmbastuff.blogspot.com for more project reports, notes, presentations etc. INTRODUCTION TO HOTEL INDUSTRY One of the fastest growing sectors of the economy of our time is the hotel industry. The hotel industry alone is a multi-billion dollar and growing enterprise. It is exciting, never boring and offer unlimited opportunities. The hotel industry is diverse enough for people to work in different areas of interest and still be employed within the hotel industry. This trend is not just in India, but also globally. Modern hotels provide refined services to their guests. The customers or guests are always right. This principle necessitated application of management principles in the hotel industry and the hotel professionals realized the instrumentality of marketing principles in managing the hotel industry. The concept of total quality management is found getting an important place in the marketing management of hotels. The emerging positive trend in the tourism industry indicates that hotel industry is like a reservoir from where the foreign exchange flows. This naturally draws our attention on HOTEL MANAGEMENT. Like other industries, the hotel industry also needs to explore avenues for innovation, so that a fair blending of core and peripheral services is 1 Human Resource Practices In Hotel Industry made possible. It is not to be forgotten that the leading hotel companies of the ...
Words: 13083 - Pages: 53
...More Praise for the Second Edition of Beyond Change Management “Once again, Dean and Linda have nailed it! Beyond Change Management is an extraordinary book examining the shifts in change management that have occurred over the years. This book offers real, practical solutions for change practitioners to become extraordinary conscious change leaders.” —Darlene Meister, director, Unified Change Management, United States House of Representatives “Entering the offices recently of a highly respected Fortune 500 company, I was stunned by the enormity of change they were facing and at the same time how ill-equipped they were to deal with the challenges that lay ahead of them. They had little capacity to lead and manage the change required. And, of course, consulting firms were swarming all over them. Th ey needed this book by the Andersons to help them. In fact, Chapter Five alone on building organizational capability is worth the price of the book.” —W. Warner Burke, Ph.D., Edward Lee Thorndike Professor of Psychology and Education; chair, Department of Organization and Leadership; program coordinator, Graduate Programs in Social-Organizational Psychology, Teachers College, Columbia University “Beyond Change Management is a must-read for today’s C-Suite executives and those who lead organizational change. Change is a fact of life in all successful businesses. Based on this breakthrough construct, we now view our approach to transformational change as a strategic advantage. It is a way...
Words: 119964 - Pages: 480
...inadequate data on the incidence of TTS in green ears of recruits in Indian scenario. This study is aimed to assess the short term audiometric profile in army recruits following rifle firing. AIMS AND OBJECTIVES AIM To study the short term audiometric profile of army recruits following rifle firing. OBJECTIVES a) To study changes in pure tone audiometry threshold before and immediately after rifle firing. b) To study other changes in the ear following rifle firing. c) To assess the recovery of pure tone audiometry threshold after two weeks. REVIEW OF LITERATURE ANATOMY OF EAR H uman ear consists of three parts which are external ear, middle ear, inner ear. The external ear consists of three parts auricle, external auditory meatus (EAM) and tympanic membrane (TM). Tympanic membrane is a three-layered structure (derived from three germinal layers), the outer layer is epithelium, the middle layer is supporting connective tissue and the inner layer is mucosa. The anterior and posterior malleolar folds divide the tympanic membrane into two distinct parts: the upper pars flaccida and the lower pars tensa. Middle ear (ME) is an air-filled space within the petrous part of the temporal bone. There are three ossicles viz malleus is attached to the tympanic membrane and the footplate of the stapes sits in the oval window. Between these two bones is the incus. The bulk of the ossicular chain lies in the attic of the middle ear. The inner ear (Figure-1) is an intricately shaped membranous...
Words: 10382 - Pages: 42
...MARK: ………. % FACULTY OF ENGINEERING AND THE BUILT ENVIRONMENT DEPARTMENT OF QUALITY AND OPERATIONS MANAGEMENT OPERATIONS MANAGEMENT 3 (BPJ 33A3) Subject notes COMPUTERIZED MAINTENANCE MANAGEMENT SYSTEMS “CMMS” Table of Contents Enterprise resource planning 5 ERP is short for enterprise resource planning 6 ERP Software Modules 6 Origin of "ERP” 7 Functional areas covered in “ERP” 7 Integrations 8 What is the basic structure of a good ERP solution? 9 Need for Enterprise Resource Planning - Why ERP? 11 ERP Overview 12 Why ERP 14 Selection Criteria of ERP 14 Implementation of ERP 15 CMMS 16 Work orders and CMMS 16 Inventory control and CMMS 17 Functions of CMMS 19 CMMS process flow 19 The maintenance processes 20 Stores Requisitioning, Stock Control and Purchasing 24 WARRANTY MANAGEMENT 25 What is Warranty? 25 STORES 27 What is a corporate store? 27 Stock classification 28 ABC 28 Disadvantage of ABC classification 29 XYZ 29 Criticality analysis 30 Consignment stock 32 STORES MODULES 32 REPORTING 34 Maintenance Reporting Requirements 35 OPEN APPLICATION INTERFACE 35 OPEN APPLICATION INTERFACE DIAGRAM 36 CUSTOMER MIGRATION 38 Computerized maintenance management or CMMS 39 Old methods provide limited benefits 46 Safety FACTORS Plans 49 ISO FACTOR 50 The Productivity Factor 51 The Cost Factor 52 7 Cost factors to CMMS Configurability 53 Areas of saving 54 Maintenance Efficiency 54 Increased...
Words: 19085 - Pages: 77
...supported, encouraged, challenged and and supported, encouraged, challenged eaten. We now now know how difficult it is eaten. We know how difficult it is to change an industry. We havehave grown to change an industry. We grown enormously and achieved results. enormously and achieved results. Here’s our timeline: Here’s our timeline: 2o10 2o10 2o09 2o09 Our bars are available in more more and Our bars are available in and We started the ‘Tony’s in We started the ‘Tony’s in more more stores, including supermarkets. Africa’ project: a study of stores, including supermarkets. Africa’ project: a study of Our revenue grows considerably from from cocoacocoa supply chain and Our revenue grows considerably the the supply chain and this pointpoint onward, which also this onward, which also ways ways to improve Fairtrade to improve Fairtrade sharply increases the amount of sharply increases the amount of certification. certification. cocoacocoa beans we need. beans we need. 2o11 2o11 2o05 2o05 2o06 2o06 2o08 2o08 2o07 2o07 The first Tony’s Chocolonely bar bar Tony’s goes official The first Tony’s Chocolonely Tony’s goes official comes on the market, after after episodes comes on the market, episodes and registers with with and registers of the Inspection of ValueValue about the Chamber of of the Inspection of about the Chamber of child child slavery on cocoa plantations Commerce. slavery on cocoa plantations Commerce. ...
Words: 30111 - Pages: 121
...rP os t 9-601-163 REV: SEPTEMBER 30, 2005 SANDRA J. SUCHER STACY E. MCMANUS The Ritz-Carlton Hotel Company op yo The Master said, Govern the people by regulations, keep order among them by chastisements, and they will flee from you, and lose all self-respect. Govern them by moral force, keep order among them by ritual, and they will keep their self-respect and come to you of their own accord. — The Analects of Confucius tC James McBride, general manager of the new Ritz-Carlton in Washington, D.C., faced the largest challenge of his successful career. A proven veteran of the luxury hotel chain’s march across Asia, McBride’s most recent assignment was as the general manager of the 248-room Ritz-Carlton in Kuala Lumpur. Opened in 1998, the hotel was named “Best Hotel in Asia-Pacific” in the eighth Business Traveler Asia/Pacific magazine Travel Awards Subscribers’ Survey and, for two consecutive years, “Best Business Hotel in Malaysia” by Business Asia and Bloomberg Television.1 As Nikheel Advani, food and beverage services director for the Washington hotel, noted: “James is excellent—we have opened many hotels together. In the place where you didn’t think that it had a chance, he made it the best hotel. That’s his talent. That’s what he can do really well. It’s for the entrepreneurial person who wants to get involved and who thinks they can make a difference.” Do No But this was a new situation, even for McBride. For the first time,...
Words: 16403 - Pages: 66
...Undergraduate Notes in Mathematics Arkansas Tech University Department of Mathematics A Semester Course in Finite Mathematics for Business and Economics Marcel B. Finan c All Rights Reserved August 10, 2012 1 Contents Preface 4 Mathematics of Finance 1. Simple Interest . . . . . . . . . . . . . . . . . . . . . . . 2. Discrete and Continuous Compound Interest . . . . . . 3. Ordinay Annuity, Future Value and Sinking Fund . . . 4. Present Value of an Ordinay Annuity and Amortization . . . . Matrices and Systems of Linear Equations 5. Solving Linear Systems Using Augmented Matrices . . . . 6. Gauss-Jordan Elimination . . . . . . . . . . . . . . . . . . 7. The Algebra of Matrices . . . . . . . . . . . . . . . . . . 8. Inverse Matrices and their Applications to Linear Systems . . . . . . . . . . . . . . . . . . . . . . . . Linear Programming 9. Solving Systems of Linear Inequalities . . . . . . . . . . . . . . 10. Geometric Method for Solving Linear Programming Problems 11. Simplex Method for Solving Linear Programming Problems . 12. The Dual Problem: Minimization with ≥ Constraints . . . . . Counting Principles, Permuations, and 13. Sets . . . . . . . . . . . . . . . . . . 14. Counting Principles . . . . . . . . . 15. Permutations and Combinations . . . . . . 5 5 12 19 26 . . . . 34 34 42 53 62 . . . . 69 69 77 86 97 Combinations 106 . . . . . . . . . ...
Words: 51131 - Pages: 205
...Cityworks® Empowering GIS™ for Asset Management, Permitting, Licensing, and more! InPrint Spring 2013 In This Issue: Cityworks GIS-centric Platform Scalability from the Top, Down Cityworks Contracts Module Harnessing Cloud Computing InPrint Empowering GIS TM for Asset Management, Permitting, Licensing, and more! Advisory Board: Brian Haslam, President & CEO Carl Horton, Chief Technology Officer George Mastakas, Vice President of Enterprise Solutions Wayne Hill, Vice President of Client Relations Tom Palizzi, Vice President of Marketing and Sales Brent Wilson, Executive Director of Sales Steve Thomas, Executive Manager, Customer Support Cityworks® Editor’s Page Scalability W InPrint Staff: Editor in Chief: Tom Palizzi Managing Editor: Kaye Ryser Associate Editor: Lindsay Ferguson Copy Editor: Reece Hanzon Graphic Design: Kent Hepworth Graphic Design: Rachel Haslam Advertising: Cindy Curletti Subscription: To subscribe, change your address, or cancel your subscription: inprint@cityworks.com Contact Us: Tel: 801-523-2751 Email: info@cityworks.com Archives available at: www.cityworks.com Azteca Systems Inc. 11075 South State Street, Suite 24 Sandy, UT 84070 801-523-2751 www.cityworks.com e hear the word scalability used extensively to describe today’s technology. For all intents and purposes, it is typically used to illustrate a solution’s ability to accommodate a variety of needs and preferences. Most software starts as a solution to a...
Words: 16329 - Pages: 66
...fo"k; :- Contract – I izFke o"kZ 2015-16 uksV%& fuEufyf[kr iz’u dsoy vuqeku gS bu ij iw.kZr% fuHkZj ugh jgsaA iz’u 1- ^^lHkh lafonk,a djkj gksrh gS ysfdu lHkh djkj lafonk ugha gksrs gSaA^^ D;k vki blls lger gSa \ fu.khZr oknksa dh lgk;rk ls Li"V dhft;sA Q.-1 All contracts are agreements but all agreements are not contracts .Do you agree, Explain with the help of decided cases. iz’u 2- izfrQy dh ifjHkk"kk nhft;s rFkk blds viokn Hkh crkb;sA Q.- 2 Define Consideration and mention exceptions of the Consideration. iz’u 3- izLrko ds fy, Lohd`fr dk ogh egRo gS tks ck:n ls Hkjh xkM+h ds fy, ekfpl dh ,d tyrh gqbZ rhyh dk gS & ,Ulu Q.- 3 “Acceptance is to an offer what a lighted match is to a train of gunpowder.” – Anson. iz’u 4- Mkd o VsyhQksu }kjk lafonk ds fuekZ.k lEcU/kh fu;eksa dk o.kZu dhft,A Q.- 4 Explain the rules relating to formation of contract by post and telephone. iz’u 5- O;kikj vojks/kh djkj 'kwU; gksrs gS \ vioknksa lfgr bldk o.kZu dhft;sA Q.- 5 Agreements in restraint of trade are void. Discuss it with exception. iz’u 6- ckth djkj o lekfJr djkj esa vUrj dhft;s rFkk mudh ifjHkk"kk Hkh nhft;sA Q.- 6 Explain the difference between wagering agreement and contingement agreement and define the both also. iz’u 7- mu vk/kkjksa dk mYys[k dhft;s] ftuds vk/kkj ij ,d djkj o lafonk foQy ;k uSjk’; ¼QzLVªsVsM½ gks tkrh gSA Q.- 7 Explain the grounds on which a agreement and contract becomes frustrated. iz’u 8- ,d djkj esa ekufld lgefr vko’;d gSA foospuk...
Words: 16472 - Pages: 66
...Praise for Succeeding with Agile “Understanding the mechanics of an agile process is just not enough. Mike Cohn has compiled a superb and comprehensive collection of advice that will help individuals and teams with the intricate task of adopting and adapting agile processes to fit their specific challenges. This book will become the definitive handbook for agile teams.” —Colin Bird, Global Head of Agile, EMC Consulting “Mike Cohn’s experience working with so many different organizations in the adoption of agile methods shines through with practical approaches and valuable insights. If you really want agile methods to stick, this is the book to read.” —Jeff Honious,Vice President, Innovation, Reed Elsevier “Mike Cohn has done it again. Succeeding with Agile is based on his experience, and all of our experience, with agile to date. He covers from the earliest days of the project up to maturity and offers advice for the individual, the team, and the enterprise. No matter where you are in the agile cycle, this book has something for you!” —Ron Jeffries, www.XProgramming.com “If you want to start or take the next step in agile software development, this book is for you. It discusses issues, great solutions, and helpful guidelines when scaling up in agile projects. We used the guidelines from this book extensively when we introduced agile in a large, FDA-regulated department.” —Christ Vriens, Department Head of MiPlaza, part of Philips Research “If making the move to agile has always...
Words: 194469 - Pages: 778
...Guidelines for Designing and Developing Accessible Web Sites by Using Microsoft Solutions Version 2.0 Published: January 2007 Copyright © 2007 Microsoft Corporation. All rights reserved. Summary This white paper is intended to help readers better understand the issues involved in making Web sites accessible to people with disabilities, a legal obligation that also benefits all users of the Web. We will deal with the current issues in accessibility, as well as the various initiatives, norms, and standards implemented with respect to Web-enabled applications. In this regard, we will examine using Microsoft products and technologies to design and develop Web sites that comply with accessibility guidelines. More specifically, this document describes a set of guidelines that enable you to produce accessible Web sites by using the new Microsoft Office SharePoint Server (MOSS) 2007 technologies as part of Microsoft Office system 2007 or previous solutions such as Content Management Server 2002 and SharePoint 2003 technologies. It defines the extent to which these technologies offer the best possible compliance with, as a minimum, the priority 1 checkpoints of Web Content Accessibility Guidelines (WCAG) 1.0. Status This document is the second release of the technical white paper on the accessibility of Web sites that are based on Microsoft solutions; it references the standards that were available at the date of publication and the features available in current versions...
Words: 46400 - Pages: 186
...QuickMBA / Strategy / Porter's 5 Forces Porter's Five Forces A MODEL FOR INDUSTRY ANALYSIS The model of pure competition implies that risk-adjusted rates of return should be constant across firms and industries. However, numerous economic studies have affirmed that different industries can sustain different levels of profitability; part of this difference is explained by industry structure. Michael Porter provided a framework that models an industry as being influenced by five forces. The strategic business manager seeking to develop an edge over rival firms can use this model to better understand the industry context in which the firm operates. Diagram of Porter's 5 Forces | SUPPLIER POWER Supplier concentration Importance of volume to supplier Differentiation of inputs Impact of inputs on cost or differentiation Switching costs of firms in the industry Presence of substitute inputs Threat of forward integration Cost relative to total purchases in industry | | THREAT OF NEW ENTRANTS Barriers to Entry Absolute cost advantages Proprietary learning curve Access to inputs Government policy Economies of scale Capital requirements Brand identity Switching costs Access to distribution Expected retaliation Proprietary products | | THREAT OF SUBSTITUTES -Switching costs -Buyer inclination to substitute -Price-performance trade-off of substitutes | | BUYER POWER Bargaining leverage Buyer volume Buyer information Brand identity Price sensitivity...
Words: 16997 - Pages: 68
...CORE CONCEPTS OF Accounting Information Systems Twelfth Edition Mark G. Simkin, Ph.D. Professor Department of Accounting and Information Systems University of Nevada Jacob M. Rose, Ph.D. Professor Department of Accounting and Finance University of New Hampshire Carolyn Strand Norman, Ph.D., CPA Professor Department of Accounting Virginia Commonwealth University JOHN WILEY & SONS, INC. VICE PRESIDENT & PUBLISHER SENIOR ACQUISITIONS EDITOR PROJECT EDITOR ASSOCIATE EDITOR SENIOR EDITORIAL ASSISTANT PRODUCTION MANAGER PRODUCTION EDITOR MARKETING MANAGER CREATIVE DIRECTOR SENIOR DESIGNER PRODUCTION MANAGEMENT SERVICES SENIOR ILLUSTRATION EDITOR PHOTO EDITOR MEDIA EDITOR COVER PHOTO George Hoffman Michael McDonald Brian Kamins Sarah Vernon Jacqueline Kepping Dorothy Sinclair Erin Bascom Karolina Zarychta Harry Nolan Wendy Lai Laserwords Maine Anna Melhorn Elle Wagner Greg Chaput Maciej Frolow/Brand X/Getty Images, Inc. This book was set in 10/12pt Garamond by Laserwords Private Limited, and printed and bound by RR Donnelley/Jefferson City. The cover was printed by RR Donnelley/Jefferson City. This book is printed on acid free paper. Founded in 1807, John Wiley & Sons, Inc. has been a valued source of knowledge and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Our company is built on a foundation of principles that include responsibility to the...
Words: 241803 - Pages: 968