Operation Management Case Study on Cgf Business Group
UNIVERSITY OF GONDAR
FACULTY OF BUSINESS AND ECONOMICS
Assignment of Operation Management A case study of CGF Business Group (Quara Hotel)
Prepared by Dawit Dargie Bezabih ID No- 5195/2005
Submitted to Dr. Asseged Demessie
May 11, 2013
Gondar
Assignment of Operation management a case study of
CGF Business Group (Quara) Hotel 1. Defining the following terms
A) Goods;
- are a thing that satisfies human wants [1] and provides utility, for example, to a consumer making a purchase. A common distinction is made between 'goods' that are tangible property (also called goods) and services, which are non-physical.[2] Commodities may be used as a synonym for economic goods but often refer to marketable materials and primary products.[3] B) Inputs; - are the term meaning either an entrance or changes which are inserted into a system and which activate or modify a process. It is an abstract concept, used in the modeling, system design and system exploitation. It is usually connected with other terms, e.g., input field, input variable, input parameter, input value, input signal, input port, input device and input file.
c) Operations management * Is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business... * is functional field of business with clear line management responsibility (chose, Aqullano, & Jacobs 2001) * Deals with the design and management of products, processes, services and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want.
D) Outputs Are the terms denoting either an exit or changes which exit a system and which activate/modify a process. It is an abstract concept, used in the modeling, system(s) design and system(s) exploitation. Or In economics, output is the amount of goods and services produced by a firm, industry, or
FACULTY OF BUSINESS AND ECONOMICS
Assignment of Operation Management A case study of CGF Business Group (Quara Hotel)
Prepared by Dawit Dargie Bezabih ID No- 5195/2005
Submitted to Dr. Asseged Demessie
May 11, 2013
Gondar
Assignment of Operation management a case study of
CGF Business Group (Quara) Hotel 1. Defining the following terms
A) Goods;
- are a thing that satisfies human wants [1] and provides utility, for example, to a consumer making a purchase. A common distinction is made between 'goods' that are tangible property (also called goods) and services, which are non-physical.[2] Commodities may be used as a synonym for economic goods but often refer to marketable materials and primary products.[3] B) Inputs; - are the term meaning either an entrance or changes which are inserted into a system and which activate or modify a process. It is an abstract concept, used in the modeling, system design and system exploitation. It is usually connected with other terms, e.g., input field, input variable, input parameter, input value, input signal, input port, input device and input file.
c) Operations management * Is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business... * is functional field of business with clear line management responsibility (chose, Aqullano, & Jacobs 2001) * Deals with the design and management of products, processes, services and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want.
D) Outputs Are the terms denoting either an exit or changes which exit a system and which activate/modify a process. It is an abstract concept, used in the modeling, system(s) design and system(s) exploitation. Or In economics, output is the amount of goods and services produced by a firm, industry, or