The Management Of The Production Essay - 1638 Words

1. INTRODUCTION 1.1 PROJECT SUMMARY: The management of the production is done by the production manager manually which is a difficult process. The Project deals with the development of the computerized system for maintaining the regular records. The Project consists of various forms and developed with the help of the PHP Programming. The system has a module called Operation, which consists of the details of all employees that is needed to be filled in the form. The other module called the Product, which has information about the product stock. The module called employee Management, which process all information about the staff like address, phone number, joining date, permanent address. The other module called the Report, for maintaining the data in a database. The Report Form module has several sub reports of details like Regular details, employee report ,purchase report, sale report, and monthly production report. The described record forms are maintained in a database file. The system password for each module has been included to make it secure. 1.2 PURPOSE: The Proposed System has the ado connectivity for the database. This helps to work in several modules at the same time. The Mysql Database is used to make the database. The system design has included around many forms and all fundamental are combined. The forms are designed which is aimed to develop a four stage design. 1. Data Structure 2. Software Architecture 3. Procedural Design 4. Characteristic TheShow MoreRelatedProduction And Operations Management : Production Management Essay941 Words   |  4 Pagesused in the production/operations subsystem of the organization into value added product/services in a controlled manner as per the policies of the organization, is the definition of Production/operations management. Consequently, it is that part of an organization, this part is involved in the transformation of a range of inputs, like men, material, machines, information and capital, into the required (products/services), with the requisite quality level. The group of correlated management activitiesRead MoreProduction Of Production And Operation Management1415 Words   |  6 PagesPRODUCTION OPERATION MANAGEMENT The focus of any business is to provide needs of customer by providing military and supplies, and in this procedure generate value for customers and solve their trouble. Production and operations management talks about applying big business association and management concepts in formation of supplies and military (1). PRODUCT: A product is defined as the thing offered for deal. A product can be a facility or an item. It can be material or in virtual form. Every productRead MoreProduction and Operation Management864 Words   |  4 PagesProduction and Operation Management Cheng Guoping Chapter 1 Introduction 1. Production System 2. Production and operations in the organization 3. Function and jobs of POM 4. Decision Making in POM 5. The emergence of production and operation management 1. Production System Production and operation management (POM) is the management of an organization s production system, which converts input into the organization s products and services. 1.1 Production system model Inputs Read MoreOperations Management : Production Management1657 Words   |  7 Pages Operations management is the art of knowledge that ensures that services and goods are produced and distributed successfully to customers. Operations management key objective is maximize efficiency while producing and effectively fulfilling customer needs. In this novel the operations management team is struggling to make this plant a profitable plant so it will not be shut down. Alex is wondering why is that he cannot produce quality products and respond to customer needs at a faster pace considerablyRead Moreproduction and operation management1377 Words   |  6 PagesPaper of Production and Operations Management IIBM Institute of Business Management Examination Paper Production and Operations Management Subject Code-B107 ï‚ · ï‚ · ï‚ · MM.100 Section A: Objective Type Short Questions (30 marks) This section consists of multiple choice Short Notes type questions. Answer all the questions. Part one questions carry 1 mark each Part two questions carry 5 marks each. Part One: Multiple choices: 1. Production and Operations Management concernsRead MoreProduction and Operations Management1511 Words   |  7 PagesBBA – 305 PRODUCTION OPERATION MANAGEMENT Model Questions based on Previous years Question Papers UNIT – I Qs. 1 : Explain the importance of Production Operation Management in current scenario. Why it has become an integral part of Business Education ? State with examples. [BBA-IP: Dec. 2011] Qs. 2 : Operation Management is becoming a very important subject in Business Education in the last fewRead MoreOperation and Production Management3104 Words   |  13 Pagesin process create value for customers and solve their problems. Production and operations management talks about applying business organization and management concepts in creation of goods and services. 1.1. PRODUCT Though many authors define the product with Consumer orientation, it is better for us to deal with different angles, because it will be helpful for us to understand the subject of production and Operation Management. (i) For a Consumer: The product is a combination of or optimalRead MoreHistory of Production Management3338 Words   |  14 Pagesindustry. Thomas Newcomen in 1705, improving upon an earlier patent by John Calley, successfully built a steam engine that pumped water from coal mines. In 1760 John Smeaton applied the steam engine to fan the furnaces used in manufacturing iron. Iron production rose from 12 tons per furnace to 40 tons per furnace. This increased productivity made available a large supply of iron at low cost, and led to new uses for iron: bridges, ships, and other machines. If iron was the key metal of the Industrial RevolutionRead MoreProductions and Operations Management737 Words   |  3 PagesProductions and Operations Management I The three categories of statistical quality control The three categories of SQC include the traditional statistical tools, acceptance sampling, and statistical process control (SPC). Traditional statistical tools are descriptive statistics like the mean and range, used to describe qualitative characteristics. Acceptance sampling is a process of taking a random sample or portion of a batch and deciding whether to accept or reject the whole batch. SPC is aRead MoreProduction Operation Management1195 Words   |  5 PagesProduction Operations Management Session 3-2 More on Processes 1 Outline ï‚ § Multi-product, multi-flow process analysis – So far: 1 product, 1 flow – Differing process times, yield issues, machine breakdown ï‚ § Big Takeaway: – Product-mix becomes critical in multiple flows – Implications in capital investment, scaling business, and risk management ï‚ § Calculating capacity when you have – Multiple flows †¢ With the same processing time at each resource †¢ With different processing

Victory in the North Us Civil War - 1003 Words

| Victory in The North | A synopsis on the outcome of the U.S. Civil War | | [Type the author name] | 11/6/2010 | | Since the final battle of the American Civil War was fought in 1865, scholars have debated the reasons for the Union’s victory over the Confederacy. Historians have attributed the war’s outcome to many factors, some of which include Lincoln’s superior leadership, the South’s failure to diplomatically secure foreign intervention, emancipated slaves enlisting in the Union army, and the military strategies employed by the North’s generals. Both the Union and Confederacy expected a quick victory, each believing it possessed several advantages over the other. In the end, however, the North’s overwhelming†¦show more content†¦The North had a better transportation network which aided in their victory of the war. The excellent and extensive railway system linked the cities and allowed cheap and quick movement of the troops and supplies. Key to the North’s victory in this area was in the management of the supplies and logistics by Uni on officials such as Quartermaster General Montgomery Meigs and military railroad administrators Daniel McCallum and Herman Haupt. According to author James McPherson, these men and other officials â€Å"organized the northern economy and the logistical flow of supplies to Union armies with unprecedented efficiency and abundance in which the Confederacy could not match (139).† The South, on the other hand, committed to a cotton economy and decided to remain with inefficient manual labor - slave labor - as its path to future growth. It rejected building its own factories, preferring to ship cotton to mills in New England and relying on exports to England. A system such as this would inevitably be unable to compete with the more efficient North in the long term, particularly in the areas of communications, mechanical labor, logistics, and agriculture and food production. Industrialization therefore would prove to be the final nail in the South’s coffin as it were, affec ting the outcome of the Civil WarShow MoreRelatedAggression : The Export Of Violence927 Words   |  4 PagesAmerican Civil War. Both the North and South were fighting for their version of democracy in the Civil War. Lincoln optimized this in his closing line of the Gettysburg Address, â€Å"that government of the people, by the people, for the people, shall not perish from the earth.† Several battles for both sides added to the attrition efforts and almost achieved a decisive victory but fell short. America felt the effects of battles on the home front and the political twisting that came with a war threateningRead MoreThe Civil War : The Greatest And Most Catastrophic War Essay1275 Words   |  6 PagesThe Civil War is an essential event in America s history. The Civil War determined what kind of nation the United States would be. 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Ultimately around 600,000 Americans lost theirRead MoreThe Civil War : A Central Event Of America s Historical Consciousness Essay1412 Words   |  6 Pages Civil War Professor Lenza Zachary Blaisdell 12/6/16 â€Æ' The Civil War is a central event of America s historical consciousness. Whereas the revolution from 1776 to 1783 created the United States, it was decided what kind of country it will be after the civil war. This war solved the two fundamental problems that were not solved by the revolution: whether the United States is an indivisible state of a union of sovereign countries or a state sovereign state. Northern victory in the war abolishedRead MoreCause Of The Civil War On America1290 Words   |  6 Pages US History 1301 Professor Harris December 3, 2015 Causes of the Civil War Lasting from 1861-1865 The Civil war: one of the most bloodiest and alienated wars in the American History has had a tremendous impact on our past society, and modern as well. In the early 1800’s the United States accomplished harmony, alliance, and unification, eventually causing sectionalism to flourish. This controversy led to the famous bloody war, known as the Civil war. While the south wanted to separate

Regulatory Challenges of Virtual Currencies

Question: Discuss about the Regulatory Challenges of Virtual Currencies. Answer: Introduction: In accordance with the definition of Law dictionary of Duhaime, money is an acceptable item for payment for debts or to be provided against the consumption of goods and services. In general term, it is considered to be a consideration which passes freely. Definition covered in case of Moss v Hancock [1899] is wide, but it depends on time place and context. If we consider in terms of the primitive economy, then money will be restricted to the coins, but if we consider in term of modern execution, then it will be limited to legal tender. In accordance with the case of Astbury J general rule of construction must prevail while considering a particular item as money. Characteristics of money In the case of Re Mellor [1929], they had identified 5 legal characteristics of money i.e. It does not have intrinsic value in the law of the material consumed, but the value will be sum or unit in which that coin or note is denominated. Money is not bought or exchanged. However, it has major exception that in the situation where notes or coins are collectors items considered as ordinary commodities with stated values. Money is negotiable. As per this characteristic, money is received in good faith in order to obtain good title. Money is fungible in nature i.e. legally interchangeable with the units of same denominated values The creditor is not in a situation to demand or obliged to accept anything other than money for the purpose of discharge of debt unless otherwise agreed. Evaluation of virtual currency in form of money On the basis of these characteristics, virtual currency can be considered as money. It is because; It do not have intrinsic value in law as it is intangible in nature value of virtual currency is determined on the basis of its denominated value. Further, it is fungible and negotiable in nature. It is because it is received in good faith and can be legally interchangeable with the units of same denominated values. According to the definition provided by European central bank, it is the type of unfettered digital money which is distributed and controlled by its developing authority. Virtual currency is accepted and used by the virtual community, and it is freely transferred by one party to another. It is accepted by legal or natural persons as means of payment in trading activities and can be stored and transferred by them. Conclusion By considering above described case facts and its applicability on virtual currency, it can be concluded that virtual currency satisfied the definition cited in the case of Moss v Hancock. It is because; it contains all legal characteristics of money and certified for trading transactions. However in certain cases consideration of virtual currency is still questionable because native or transnational, cannot make something money in the absenteeism of an exercise of monetary sovereignty by the State concerned. Bibliography European Central Bank. "1". Virtual Currency Schemes (PDF). Frankfurt am Main: European Central Bank. p. 5. ISBN 978-92-899-0862-7. Archived (PDF) from the original on 2012-11-06. Murphy G, The Regulatory Challenges of Virtual Currencies. (Central Bank of Ireland 2014).