ABSTRACT This paper defines the four functions of management and the operations management theory. It then provides an analysis of how the functions of management the operations management. THE FOUR FUNCTIONS OF MANAGEMENT Planning: It is an act of formulating a program for a definitive course of action. The management defines a goal and puts forward its strategies to accomplish the objectives defined. Organizing: To divide the work force into specific groups and giving each group a specific
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IT as a Competitive Weapon ASSINGED BY: Dr. Muhammad Yasin Operation Management ASSIGNED TO HAMDARD INSTITUTE OF MANAGEMENT SCIENCES (HIMS)KARACHI DEDICATION This report is extremely dedicated to our beloved parents and family members who worked really very hard and enabled us in realizing our goals and dreams and providing us with the ambition to pursue them. And last but not the least to our caring and supportive teacher‚ our trusty and helpful friend and our course instructor
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4th : 23-12-2012 _ Learner Signature Assignment – I 1. Discuss the role of operations manager in an organization. Operations management: Operations Management is an area of management concerned with overseeing‚ designing‚ controlling the process of production and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed‚ and effective in terms
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“SWOT Analysis of Project Management in Bangladesh” August 11‚ 2012 Shah Md-Al-Emran Faculty of Business Administration ASA University Bangladesh Subject: Submission of “SWOT Analysis of Project Management in Bangladesh ”. Sir‚ We are pleased to submit my report on“SWOT Analysis of Project Management in Bangladesh”. . This report is a part of Project Management (MGT411) to complete our BBA program. We have prepared this report under the instruction of you. Though it was a tough
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Executive Summary: This report is about operational aspects. We have selected Hannan Prints‚ the manufacturing firm to analyse the supply chain. This paper scrutinize the crucial aspects of Hannan prints supply chain network‚ its plans and the implementation of strategy. By putting into practice different supply chain approaches‚ the firm will increase the benefits of supply chain network. In this report we have focused on supply chain inventory management and technology selection practices
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OPERATION MANAGEMENT INTRODUCTION: KFC is one of the largest franchise company. One of the branch of KFC consists of 100 employees. This business report critically underpin the issues which emerge during the processes‚ designs and supply chain of the business. It will also unveil that how can KFC become the market leader and gain the competitive advantage over all the rivals. It also reveal that brand name like KFC can increase the productivity‚ market share avoid wastage
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MB0044 – Production & Operations Management Q.1. what do you understand by Vendor-managed Inventory (VMI)? Ans. Vendor managed inventory: The very purpose of JIT is to reduce Inventory at all places in the supply chain. Inventory is considered a waste because Inventory is created by using materials‚ machines and efforts of persons. All of these Are resources which have already been used up and that portion of it which is not Consumed and sent up the value chain causes a drag on the system
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We traveled Cox’s Bazar two times on the year of 2008 and 2010.We went there by bus and stayed for a few days in the rest house of Bangladesh Power Development Board. We visited Teknaf‚ Saint Martin (it’s a rock beach)‚Himchori‚ Mohesh Khali Island‚ Enani beach‚ Dulahazra Safari Park etc. We went Chera Dip (Island) too by trawler from Saint Martin. It’s a coral beach. The corals can change their colors. There are lots of tiny blue fishes. The size of the chera dip is 1 to 1.5 square kilo metres.
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process create value for customers and solve their problems. Production and operations management talks about applying business organization and management concepts in creation of goods and services. 1.1. PRODUCT Though many authors define the product with Consumer orientation‚ it is better for us to deal with different angles‚ because it will be helpful for us to understand the subject of production and Operation Management. (i) For a Consumer: The product is a combination of or optimal mix of
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Operations Management: Project Management BUS 515- Operations Management Strayer University Prof. Elmer L. Buard December 6‚ 2009 Table of Contents Abstract……………………………….............................................................................3 Introduction……………………………….......................................................................4 Define & describe the traditional project management philosophy...........…................4 Define & describe the New Project Management Theories
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