IMPORTANT THEORY QUESTIONS IN OPERATIONS MANAGEMENT 1. Define productivity. How can it be measured? How can the productivity of an organization be increased? 2. What is the transformation process? Explain the transformation process in a restaurant. 3. How is a job shop different from the batch production process? 4. What are the differences between manufacturing and service operations? 5. What are the characteristics of a good product design? 6. What is service capacity? Which strategies
Premium Production and manufacturing Enterprise resource planning Economics of production
1.0 INTRODUCTION Over the last few decades‚ there has been a fundamental movement and change in international business. The globalization of the world’s market to an extent has played a significant role in the facilitating of this movement and more also has aided the forms in which businesses operate in today’s business environment. One of such cases can be likened to the systematic merging‚ acquisition and strategic alliances undertaken by firms in recent times‚ with business quest best known
Premium Land Rover Jaguar Cars Tata Motors
Basic characteristics of an effective Management Information System are as follows: I.Management-oriented: The basic objective of MIS is to provide information support tothe management in the organization for decision making. So an effective MIS should startits journey from appraisal of management needs‚ mission and goal of the businessorganization. It may be individual or collective goals of an organization. The MIS is suchthat it serves all the levels of management in an organization i.e. top
Premium System
Hanze University International business School Daniel Prieto MBA 2008/09 Operation Management: Dell 1 Introduction Dell is a technological sales company which performs their business in the whole world as is possible to see in the following diagram. With a net revenue of $61‚133‚000‚000 is the second largest computer manufacturer company in the word and the number one in United States. Dell focuses on Business to Business(B2B) and Business to Consumer(B2C) commerce to satisfy their business
Premium Supply chain management Management Supply chain
------------------------------------------------- 3. Operations strategy ------------------------------------------------- 3.1 Cost ------------------------------------------------- 3.2 Quality ------------------------------------------------- 3.3 Delivery speed ------------------------------------------------- 3.4 Delivery reliability ------------------------------------------------- 3.5 Demand management ------------------------------------------------- 3.6 Innovation
Premium Airline Garuda Indonesia Singapore Airlines
------------------------------------------------- The Production/Operations Function In Business A. True/False 1. Production/operations Management refers to creation of goods whereas production refers to the creation of services. 2. All organisations‚ including service organizations such as banks and educational institutions‚ have a production function. 3. Production is a creation of goods and services. 4.
Premium Management Frederick Winslow Taylor
WRITING ASSIGNMENT The article assigned shows the importance of self-management. We can be successful if we always manage ourselves effectively. By asking seven critical questions of ourselves‚ we can know how and when to change the work we do in the best way. The first question is what my strengths are. The best way to discover our strength is through feedback analysis. You also may compare the actual results with your expectations so as to know where your strength lies. Analysis show several
Premium Management Question
consumption. Service Organization: Organization that produces intangible goods that require consumer participation and cannot be stored. Operation Management: Complex management activity that includes planning production‚ organizing resources‚ directing operations and personal and monitoring system performance. Productivity: Measure of how well an operations system functions and indicators of the efficiency and competitiveness of a single firm of department. Human Capital: An organizations
Premium Management Computer Manufacturing
Chapter 8. CASH MANAGEMENT AND THE TREASURY FUNCTION1 A. THE TREASURY FUNCTION Governments need to ensure both efficient implementation of their budgets and good management of their financial resources. Spending agencies must be provided with the funds needed to implement the budget in a timely manner‚ and the cost of government borrowing must be minimized. Sound management of financial assets and liabilities is also required. Financial management within the government includes various
Premium Public finance Money Tax
The Importance of Gender Roles Gender roles play a very important role in today’s society‚ including in the homes of many families. In the three stories‚ An Indian Story by Roger Jack‚ Looking for Work by Gary Soto‚ and Girl by Jamaica Kincaid gender roles and who play them are a lot different. Both stories challenge the image of a perfect household: a man‚ woman‚ children‚ a house‚ and a dog. In these stories‚ their traditional households would be considered broken. An Indian Story is about
Free Family Gender role Mother