OPERATION MANAGEMENT Question 1 Briefly explain the activities in Operation Management. Operations management refers to the activities‚ decisions and responsibilities of managing the resources which are dedicated to the production and delivery of products and services.The part of an organisation that is responsible for this activity is called the operations function and every organisation has one as delivery of a product and/or service is the reason for existence. Operations managers are the people
Premium Management Supply chain management Inventory
| |5 |34 |May15th‚ 2013 |Anthony Mensah | |Unit Title: Operation Management in Business |Submission Deadline: | | |
Premium Hamburger Management Operations management
Table of Contents Executive Summary3 1.0 Introduction4 1.1 Company Background5 - 6 2.0 Target Market7 3.0 Operations Objectives & strategies8 - 10 Finexasia Operations Strategies10 - 12 4.0 Integration & Problems of Operations Objectives13 5.0 Recommendation & Conclusion14 References15 Executive summary The purpose of this report is to analyze the operations objectives and strategies in Finexasia.com Sdn. Bhd. Established in 2001; Finexasia.com Sdn. Bhd. operates the
Premium Management Customer service
environment‚ where competition reaches outstanding levels and variables such as consumer demand are increasingly more difficult to analyze and predict‚ it all comes to the abilities of managers to keep their companies successful. CEO’s‚ marketing and operations managers‚ they all play a vital role in the profitability of their companies‚ no matter if they are small regional companies or large multinational corporations. Since the start of the economic crisis in 2008‚ all national economies face difficulties
Premium Management Customer
the individual member of the group. Weakest link – Reliability depends on the minimum effort. Best link – Reliability depends on the minimum effort. On the other hand study group’s maintenance management is a critical component of the overall study program. The management function should bind the distinct parts of the program into a cohesive entity. What is maintenance and why is it performed? Past and current maintenance practices in both the private and government sectors would
Premium Maintenance Economics Preventive maintenance
Operations Management Research in Cosmos Holidays Organization Executive Summary Operations management is certainly not an easy task at the same time not an impossible one. Some of the organizations manage their operations exceptionally while some mismanage. In most of the organizations some of its operations are good while some of them are bad. This paper reveals the operations management in Cosmos Holidays Organization. The operational areas in which the organization is good and the ones that
Premium Management Operations management Tourism
Ch3 – O.M 1) Strategic decisions are those which: A) Only involve senior managers B) Require the input of external consultants and management accountants. C) Seek to move the whole organisation towards its overall long-term goals D) Define the position of a business unit with respect to its operational capabilities 2) The determination of performance priorities is normally influenced by: A) The specific needs of the company’s customer
Premium Strategic management Management
difference between the operations management chain for both goods and services? The operations management cares about the study of how products and services are created in an efficient way while meeting customer needs. The main focus lies in managing the process that convert raw material or human labor into goods and services. According to article written in the Journal of Supply Management by Sengupta‚ K; Heiser‚ D; Cook‚ stated: “The distinction between the operation management of goods and services
Premium Supply chain management Management Supply chain management terms
Sunderland Business School Level: M Module: Operations Management Module Code: PGBM03 Module Leader: Tom Cuthbertson Issue Date: 26th July 2011 Return Date: 16th August 2011 Contribution to Module Assessment 100% This is an individual assignment. Work submitted must adhere to the University policy on Cheating‚ Collusion and Plagiarism. Introduction If Marketing’s function is to identify the needs of customers‚ then it is Operations Management which has the role of providing the required
Premium Management Strategic management Marketing
PROCESS CHOICE Characteristics of project‚ jobbing‚ batch‚ flow‚ and process production systems‚ with examples for each. Project‚ jobbing‚ batch‚ flow and process production are the process types used in manufacturing. The figure below shows the trade off between volume and variety of outputs. In choosing one of these systems‚ high volume means low variety and high variety means low volume. (see figure 1) Project processes - The essence of project processes is that they are all different‚ so
Premium Computer program Production system Production company