FMEA can be implemented at a bioproduction facility following the list of 7 steps which includes different parameters to look for.
Lonza harnessed FMEA priciples earnestly to shift cell therapy works to its centre of excellence and thus utilise New Hampshire unit for clinical and manufacturing purpose.
Explanation:
FMEA or Failure Mode or Effects Analysis is a certified way to analyse and address any sort of problem or changes before the occurrence of the event itself. FMEA can be implemented very easily in the bioproduction facility using the following mentioned steps-
- Need to select a process which is to be analysed.
- Group the team facilitator and its members.
- Provide a complete description of the process.
- Identify all the potential zones of failures.
- Sort the problem which is to be worked on.
- Design and later implement appropriate changes to reduce the problems.
- Quantify your changes and the success of the process.
Lonza’s facility at New Hampshire is one of the largest employment providers of the city. Recently the group was involved in specific problems such as sterility with cell therapy. Previously it had an FDA encounter too due to its biologic’s operation. Hence through FMEA, the group decided to allot its gene therapy work to its excellence centres elsewhere and New Hampshire would be involved in doing the works of clinical and manufacturing sites.
Answer:
Please see the answer below
Explanation:
A vice-president typically has a high level of responsibility in the company as compared to the HR Professional. VP oversees a significant portion of the company as well as to look after the all the company’s functions when CEO is not available. While the person in Human Resource is limited responsibility and should not be compared with VP. The Vice President salary is also commensurate with the amount of expertise, previous experience and the amount of risk that is associated in performing the duties of the post to keep the company profitable and in good standing.
Answer: C. Westlake Corporation generated a positive cash flow from operations , but an even a greater amount was used to invest in fixed assets , resulting in a need to raise funds through financing activities.
Explanation:
From the Cashflows of Westlake shown here, we see that the cashflow from operations is $592. This means that there was a positive cashflow from operations.
$1,066 was however used to invest in fixed assets which is higher than the cash generated from operating cashflow.
As a result, the company did not have enough cash to finance the fixed assets and so they raised money through financing activities by acquiring debt of $643.
Answer:
Researching South American holiday destinations online.
Explanation:
As Carlton runs an adventure excursion company in South America and he'd like to increase the number of people booking his tours, researching South American holiday destinations online can lead potential customers to Carlton's company through Google Search ads. In this way, Carlton can have a better idea abut the trends and insights about his potential prospects which definitely will help him in attracting, targeting and getting them in a better and effective way, theretofore, he can increase the number of people booking his tours.
Answer:
Source of decision knowledge.
Explanation:
Source of decision knowledge refers to situation where employees must get involved in the decision making process because management doesn't have all the relevant information that they need to make the right decision. In this case, Sue should her salespeople about their opinions since they are the ones that deal with the customers.
Modern management tries to involve subordinates in the decision making processes. Management is not expected to follow their advice but it is always good to have second or third thoughts about some issue especially if employees can be affected by the decisions.
We also have to consider the fact that employees are in contract with our customers, not the upper management. Workers are also in charge of production activities, not upper management. So they can be a really good source of information.
