Preview

Productivity and Operations Management

Good Essays
Open Document
Open Document
18758 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Productivity and Operations Management
CHAPTER 1: OPERATIONS AND PRODUCTIVITY
TRUE/FALSE
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)

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

1

13.

Customer interaction is often high for manufacturing processes, but low

You May Also Find These Documents Helpful

  • Good Essays

    Operations Managements

    • 2532 Words
    • 11 Pages

    Consider a firm with a daily demand of 100 units, a production rate per day of 500 units, a setup cost of $200, and an annual holding cost per unit of $10. Suppose that the firm operates 300 days per year. How many units of inventory must their storage area be able to hold?…

    • 2532 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    Operations Management

    • 3503 Words
    • 15 Pages

    How Paper is Made (1998). In Pulp and Fiber Products. Retrieved September 17, 2011, from…

    • 3503 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Operations Management

    • 594 Words
    • 3 Pages

    Find out the probability of four or more students being in line or being served…

    • 594 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Operations Management

    • 2215 Words
    • 9 Pages

    Supply chain management is the coordination of the processes and functions within a business, adopted by most companies in the UK in the late 1990’s. It deals with the internal and external factors that, when dealt with correctly and systematically, can determine a businesses success or failure. A supply chain is the network of activities that delivers a finished product service to the customer. By definition, supply chain management (SCM) is “the management of the flows of materials from suppliers to customers in order to reduce overall cost and increase responsiveness to the customers” (Reid & Sanders). SCM entails the co-ordination of the movement of good through the supply chain from suppliers to manufacturers to distributors to the final customer. The main aim of SCM is to maximise the efficiency of any given process being carried out by a company; by doing this it is allowing them to try to cut their costs and hopefully keep satisfying their customers’ needs, while at the same time maintaining their competitive position within their market. Supply chain management is seen as more of an “open system” in contrast to the traditional system used by the majority of companies just 20 years ago. The new “open system” allows room for change which is greatly needed with the current financial instability of the economy.…

    • 2215 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Operations Management

    • 1231 Words
    • 4 Pages

    There are many performance indicators for the success of a business. This include brand identity, reputation, innovation, leadership, productivity, process management, customer satisfaction, and quality to name a few.…

    • 1231 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Operations Management

    • 4028 Words
    • 17 Pages

    Robert Vinaja University of Texas-Pan American 1201 W. University Dr., Edinburg, TX 78541 (956) 381-3314…

    • 4028 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    We study Operations Management because it is such a costly part of an organization. A large percentage of the revenue of most firms is spent in the Operations Management function. Indeed Operations Management provides a major opportunity for an organization to improve its profitability and enhance its service to society.…

    • 1270 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    1. From your knowledge of restaurants, from the video, from the Global Company Profile that opens this chapter, and from the case itself, identify how each of the 10 decisions of operations management is applied at Hard Rock Café?…

    • 544 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    I was very excited about the first session of the OM course and that was totally justified by the end of this session. This was the step, a stimulus towards being a future Business person. And for which it was very vital for me to know how a business organization manages the various processes associated with its goods and services. As a future Operation Manager it’s my responsibility to be cognizant about the know-how of what exactly my roles would then be.…

    • 2533 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    Operations management is ubiquitous, that is, present in every organization. Daily, we come in contact with various goods and services produced by the transformation of inputs to outputs under the control of operations…

    • 2060 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    What Can Ops Management (This Course) Do to Help? Step 1: Help Making Operational Trade-Offs…

    • 645 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    (b) On the basis of your calculation, what can you conclude about crew size and productivity?…

    • 364 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    Operations Management

    • 1823 Words
    • 8 Pages

    A conventional “bricks and mortar” grocery does not have an online presence, only a physical one. It is built on a face-to-face customer service, and usually always has a building for their operations. A “brick and mortar” grocery has advantages and disadvantages compared to an online operation, like Theorganicgrocer.com. First of all, their major disadvantage is the overhead. The cost of property, insurance, taxes and staff is much higher for a “brick and mortar” operation than an online operation. The biggest advantage for a “brick and mortar” operation is customer security. To a customer, if a company has physical presence, it is seen as more reliable as the company is far less likely to fold overnight and disappear.…

    • 1823 Words
    • 8 Pages
    Good Essays
  • Good Essays

    The Hard Rock Café used a theme that catered to a very large portion of the world. Rock and Roll, this theme or way of life for some was erupting big. This was assisted by people like the Beatles, Elvis and Buddy Holly. Eric Clapton was first icon to lay his imprint within the franchise, by leaving an un-signed guitar over his regular seat to lay claim to that spot. The Hard Rock Café was able to capitalize on this and incorporate this into the café themes. Therefore there services and product design was focused on the music memorabilia. The music memorabilia fell in place with the original theme of eclectic décor. This was in addition to their great food.…

    • 848 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Operations Management

    • 937 Words
    • 4 Pages

    This is an individual assignment. Work submitted must adhere to the University policy on Cheating, Collusion and Plagiarism.…

    • 937 Words
    • 4 Pages
    Satisfactory Essays