Preview

Operations Management Schroeder Chapters 1-3

Better Essays
Open Document
Open Document
1581 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Operations Management Schroeder Chapters 1-3
CHAPTER 1

Question #2

What is the difference between the terms "production management" and "operations management"? Production management deals primarily with the manufacture of goods, whereas operations management encompasses the production of not only goods, but services as well.

Question #3

How does the function of an operations manager differ from the function of a marketing manager or a finance manager? The operations manager's function is to create the supply of goods, whereas the marketing manager's function is to create the demand for goods, and the finance manager's role is to secure and allocate the capital necessary to produce the goods.

How are these functions similar? Decisions made by all three managers affect all four of the types of operations decisions; therefore a high level of integration is needed between decisions made by the marketing, finance, and operations managers.

Question #4

How is the operations management field related to the fields of human resources, information systems, or accounting? Much like finance, accounting interacts with all four decision categories in operations, particularly when measurement of operations is required. The human resources function directly affects the skills level of operations personnel, their capacity and availability to perform work, and their ability to work as a team towards common goals. Operations is a major internal customer of information systems, and as a result, these systems generally support specific operations decisions such as capacity determination, forecasting, quality management, inventory control, and scheduling.

Question #5

Describe the nature of operations management in the following organizations. In doing this, first identify the purpose and products of the organization; then use the four decision types to identify important operations decisions and responsibilities.

a. A college library

Purpose - to make information available to students and faculty

Products -

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Sba Study Guide

    • 541 Words
    • 3 Pages

    | Describe the role of key functional areas in the operation of diferent types of business.…

    • 541 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Study Guide

    • 2320 Words
    • 10 Pages

    9) Which functional activities are the most related to operations management attempts to manage the flow of materials and information in a firm?…

    • 2320 Words
    • 10 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Project Management

    • 440 Words
    • 2 Pages

    2. Contrast project management with operations management. How do these differences impact the approach required to manage a project successfully?…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Quiz Online Opman

    • 328 Words
    • 2 Pages

    Operations management personnel perform a variety of functions, including all of the following except ___________________.…

    • 328 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Forecasts for groups of items tend to be less accurate than forecasts for individual items because forecasts for individual items don’t include as many influencing factors. (T/F) F The Delphi approach involves the use of a series of questionnaires to achieve a consensus forecast. (T/F) T In order to compute seasonal relatives, the trend of past data must be computed or known, which means that for brand-new products this approach cannot be used. (T/F) T MAD is equal to the square root of MSE, which is why we calculate the easier MSE and then calculate the more difficult MAD. (T/F) F Capacity decisions often involve a long-term commitment of resources which, when imple- mented, are difficult or impossible to modify without major added costs.(T/F) T Increasing capacity just before a bottleneck operation will improve the output of the process. (T/F)F 7. Design capacity refers to the maximum output that can possibly be attained. (T/F)T Among decision environments, risk implies that certain parameters have probabilistic out- comes. (T/F) T 9. The maximax approach is a pessimistic strategy. (T/F) F A job-shop processing system generally requires less-skilled workers than a continuous pro- cessing system. F In cellular manufacturing, machines and equipment are grouped by type (e.g., all grinders are grouped into a cell). (T/F) T 12. ”Balance delay” is another name for the percentage of idle time in…

    • 1323 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Fedex Operation Mangement

    • 550 Words
    • 3 Pages

    Describe the nature of operations process given your newfound understanding of operation management and productivity:…

    • 550 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The sales and marketing function work to find and create demand for the company's goods and services by understanding customer needs and developing new markets. The need for marketing and operations to work closely together is particularly important as the marketing function will provide the forecast of demand from which operations can plan sufficient capacity in order to deliver goods and services on time. The finance function is responsible for the obtaining and controlling of funds and cov¬ering decisions such as investment in equipment and price-volume decisions. Other functions which play a supporting role in the organisation include the personnel function which will play a role on the recruitment and labour relations, the research and development R&D function which generates and investigates the potential of new ideas and the information technology (IT) department which supplies and co-ordinates the computer-based information needs of the organisation. The relationship between functions can be seen as a number of sub-systems within the system called the 'organisation'. Thus each function (e.g. marketing) can be treated using the same input/process/output transformation model as the operations function. In other words each function within the organisation can be treated as performing an operations activity, as they are transforming inputs into outputs. This implies every part of the organisation is involved in the operations activity (to an external or internal customer) and thus the theory of operations covered in this book is relevant to them. When oper¬ation is cited as a function in itself however it is referring to the part of the organisation which provides goods and services for external customers. The operations function itself is involved in all parts of the firm and thus has a major impact on the competitive position of the organisation. The…

    • 473 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    • Depends… • Reduce costs • Increase profits • Increase customer satisfaction • Perform faster • Improve quality / variety • Simplify procedures • Increase safety 10 BUAD 311 – Spring 2015 11 More formally, From the syllabus, “[Operations managers] are responsible for the systematic planning, designing, operating, controlling and improving the various procurement, production, storage, and shipping processes involved from the time the product or service is designed till customer delivery occurs. The challenge for operations managers is to produce goods and services and deliver them in an efficient manner and in accordance with the business strategy of their company. Typically, this involves balancing the needs for satisfying customer demand, on-time delivery, lower costs, and higher quality.” BUAD 311 – Spring 2015…

    • 1872 Words
    • 8 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Mis Quiz 1

    • 719 Words
    • 3 Pages

    6) Operations management as a discipline is directly relevant to three occupational categories: 6) _______…

    • 719 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Management 1

    • 2584 Words
    • 11 Pages

    1. Evaluate the classic management functions and their relationship to each other, including the extent to which they may or may not be interrelated.…

    • 2584 Words
    • 11 Pages
    Powerful Essays
  • Best Essays

    Most organizations concern themselves with improving the efficiency and effectiveness of processes. Therefore, operations management includes substantial system of checks, balances, and evaluation that examines, analyzes, and measures these internal systems. Ultimately, the nature of how operations management functions in an organization depends very much on…

    • 1091 Words
    • 5 Pages
    Best Essays
  • Good Essays

    1. Some of the operations-related activities of Hard Rock Café include designing meals and analyzing them for ingredient cost and labor requirements. True (Global company profile, easy) The production process at Hard Rock Café is limited to meal preparation and serving customers. False (Global company profile, easy) All organizations, including service firms such as banks and hospitals, have a production function. True (What is operations management? moderate) Operations management is the set of activities that create value in the form of goods and services by transforming inputs into outputs. True (What is operations management? easy) An example of a "hidden" production function is money transfers at banks. True (What is operations management? moderate) One reason to study operations management is to learn how people organize themselves for productive enterprise. True (Why study OM, easy) The operations manager performs the management activities of planning, organizing, staffing, leading, and controlling of the OM function. True (What operations managers do, easy) "How much inventory of this item should we have?" is within the critical decision area of managing quality. False (What operations managers do, easy) In order to have a career in operations management, one must have a degree in statistics or quantitative methods. False (What operations managers do, easy) Henry Ford is known as the Father of Scientific Management. False (The heritage of operations management, easy) Shewhart’s contributions to operations management came during the Scientific Management Era. False (The heritage of operations management, easy) Students wanting to pursue a career in operations management will find multidisciplinary knowledge beneficial. True (Where are the OM jobs? easy)…

    • 18758 Words
    • 76 Pages
    Good Essays
  • Good Essays

    Operations management has been defined as a set of activities that transforms inputs to outputs creating goods and services. It is made up of the following decision areas; service and product design, quality management, location strategy, process and capacity design, layout design, supply chain management, human resources and job design, inventory management, scheduling, and maintenance (Thompson, 2017).…

    • 859 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    2. What recommendations would you make about the issues raised on pages 13 – 15 of the case?…

    • 1908 Words
    • 8 Pages
    Satisfactory Essays
  • Better Essays

    You are required to choose an organization of your choice as a research object and find out the followings in their organization:-…

    • 4084 Words
    • 17 Pages
    Better Essays

Related Topics