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20 Cognitive Biases That Screw Up Your Decisions

20 Cognitive Biases That Screw Up Your Decisions A subjective inclination, as per Wikipediaâ refers to a systematicâ deviation from obj...

Saturday, May 23, 2020

Bmx Cycle Solutions - 1469 Words

Question # 1 What business is LCI in? What are the key success factors? How operations can contribute? LCI BUSINESS: LCI was founded in 1994 by Mr. Sheikh Ubaidullah, a Former Chairman of Pakistan Cycle Cooperative Society Limited. LCI is located at Ferozpur Road, eighteen miles south of Lahore Pakistan. LCI marketed its bicycles under the brand name of Leader bicycles. LCI was in bad shape and financially bankrupt , all shops run by one supervisors , its production was practically zero when Managing director at Descon Mr. Razaq Dawood acquired LCI in June 1999. He hired new 6 engineers since 1999 in following departments like production planning, production scheduling, inventory control and quality control to set up all the necessary†¦show more content†¦Handle Shop: BMX bicycle handles were manufactured at this shop completely, a specific machine automatically bent the placed pipe in a few seconds into appropriate configuration and cut the handle bars to length and knurled. These Knurled to help retain the handle bar grip. BMX enameling and Phosphating Shop: All parts of bicycle were enameling and phasphating, phaspating treatment enabled the steel surface to retain the enameled paint for a long time and provide a durable finish, all partes were placed on jigs and hang on a conveyer, this conveyer passed through a drying oven at a speed allowing each part to be baked at 1500C for approximately 50 minutes. Rim Shop; Bicycle Rims contained at this shop, One mm thick and 83 mm wide metal coils required to prepare rim and these rims imported from barazil or Japan, then front end coil was welded with back end coils and finally, the rims was bent into a required radius and cut after buffing and polishing. Press Shop: A specific machine at press shop for grinding and buffing the parts of rims and two ends of strips had been welded together Saddle, Brake and Hub Shop: Hubs and saddle for BMX cycle were assembled at this shop, loop clips of were manufactured at LCI , other parts like saddle frames and saddle covers were procured byShow MoreRelatedFour Companies that Stand Out in the Cycling Business2398 Words   |  10 Pagesdecades in becoming a successful business. In the last decade four companies have stand out in the cycling business Trek, Cervelo, Moot, and Seven Cycles. Each of these businesses have a different style of promotions strategies, product, and product development to the cycling customers. The cycling industry is in the maturity stage of the product life cycle. Each industry has to find a way to bring in new customers or they will be slowly step into the decline stage. 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