PRODUCTION & OPERATIONAL MANAGEMENT ASSIGNMENT TITLE: IMPORTANCE OF OPERATIONAL MANAGEMENT IN A COMPANY PREPARED BY: ZUBAIR ALVI ROLL # 1947 COMPANY CHOSEN: BMW (Bavarian Motor Works) IMPORTANCE OF OPERATIONAL MANAGEMENT IN A COMPANY An effective operation can give four types of advantages to the business: Operations management can reduce the cost of products and services by being efficient. Operations management can increase revenue through increase customer satisfaction in producing quality goods
Premium Management
(Gujarat)-384265. ***Assistant Professor‚ Department of Hospital Management‚ H.N.G. University‚ Patan (Gujarat)-384265. ABSTRACT With the aim of providing affordable eye care services to a country which has about 20 million blind citizens and 80% of it due to curable cataracts‚ at the age of 58‚ Dr. V. Started‚ the Aravind Eye Hospital. Popularly known as the McDonald‘s of cataract surgery‚ with a bed strength of more than 4000 beds and serving 0.25 million patients every year‚ this is one of the world‘s
Premium Ophthalmology Eye Glasses
| |Pipe is one of the more common types of plastic product we are familiar with. Pipe is produced by an extrusion process. Basically extrusion can be | |defined as forcing a material through a die orifice. This die orifice produces the final shape of the finished product. It is probably a bit of over| |simplification‚ but extrusion is somewhat analogous to squeezing toothpaste through a tube.
Premium Injection molding Plastic
This can be done by the use of instructional materials. Instructional materials are meant to stimulate pupils’ interest in the classroom for meaningful learning to take place. They also afford the pupils the opportunity to make use of more of their senses in the process of learning experiences which are not available in the classroom or school environment‚ are “brought” to the classroom for pupils’ attention through the use of instructional materials. For example‚ the use of the map of the world
Free School Education Primary education
TOPIC: To study the operational strategies of companies in 2 wheeler industry and decide whether the operational strategies are aligned to the competitive priorities of that company. The companies chosen for this study are Hero MotoCorp and Bajaj Auto Limited. INDUSTRY ANALYSIS: India is the second largest two wheeler market in the world‚ next only to China. The two wheeler industry segment largely comprises motor cycles‚ mopeds‚ and automatic scooters. The yearly sales are pegged at around
Premium Bajaj Auto Auto rickshaw
that supports the overall objectives of a business. It can make many contributions to the success of that organization through its key role as one of the organizations’ boundary-spanning functions. Purchasing can gain important information about new technologies‚ potential new materials or services‚ new source of supply‚ and changes in market conditions through external contact with the supply market. To take advantage of market opportunities by communicating this competitive intelligence‚ purchasing
Premium Supply chain management Inventory Quality control
Notes on labor productivity Labor productivity is a key element in the explanation of how the economy works. It is especially important with regard to wages. What follows is some material about labor productivity and investment spending that is a reorganization of what is presented in your textbook. Its focus is on the connection between labor productivity and wages. Labor productivity is the value of the product or service you can produce in an hour‚ day‚ week or other unit of time. The value
Premium Capital accumulation Investment
CHAPTER 1 THE PROBLEM AND ITS SETTINGS Introduction Most of the world’s work is done through organization – groups of people who work together to accomplish one or more objectives. In doing its work‚ an organization uses resources – labor‚ materials‚ various services‚ building and equipment. These resources need to be financed‚ or paid for to work effectively‚ the people in organization need information about the amounts to these resources‚ the means of financing them‚ and the results achieved
Premium Balance sheet Accounts receivable Income statement
or pay ranges.Structure setting and adjustment is the process of developing‚ adjusting‚ and maintaining a pay structure. | Purpose | Pay structures are used to help organizations: * maintain pay levels that are competitive with the external labor market‚ * maintain internal pay relationships among jobs‚ * recognize and reward differences in level of responsibility‚ skill‚ and performance‚ and * manage pay expenditures.Structure setting and adjustment provides a systematic way to manage
Premium Structure Public sector Organization
made they are tracking the release of critical operational information. This assumption can then be validated by articles released by the Federal Bureau of Investigation on concern for secondary attacks to first responders (Police One‚ 2004). The site lists several incidents where secondary attacks occurred‚ establishing a trend. As observed during the September 11‚ 2001 attacks with a second airplane being flown into the World Trade Centers‚ first responders were onsite assisting with the rescue
Premium United States Social media World War II