Concepts apply to both product-service environments

Assignment Help Operation Management
Reference no: EM131627175

Discuss the role and responsibilities of operations managers whilst recognising that operations management concepts apply to both product and service environments.

Using examples from, either manufacturing organizations or the application of the concepts discussed in part a. Companies may choose from a number of different options in their production policy, eg. "Make-to stock". DIscuss 2 of these alternatives and show, using examples, how they relate to and support operations and customer requirements in different situations.

Reference no: EM131627175

Questions Cloud

What is the time constraint and optimal production mix : What is the objective function to maximize? What is the time constraint? What is the optimal production mix?
Long-term financing analysis : Describe metrics and techniques for evaluating capital projects.
Summarize the main points in the improvement plan : Describe an appropriate strategy for implementing the recommended improvement activities that you have identified.
Discuss does seller have any remedy against buyer : Does Seller have any remedy against Buyer. Explain.Assuming that Buyer is a merchant as defined in the UCC, does Seller have any remedy against Buyer
Concepts apply to both product-service environments : Discuss the role and responsibilities of operations managers whilst recognising that operations management concepts apply to both product-service environments,
Discuss legal theory the plaintiff could have sued : Is there another legal theory the plaintiff could have sued under to have a better chance of success
Calculate the pretax and after-tax hpr on jill investment : Jill Clark invested $25,000 in the bonds of Industrial Aromatics, Inc. She held them for 13 months, at the end of which she sold them for $26,746.
Calculate the accounts receivable period : 1) Calculate the accounts receivable period, accounts payable period, inventory period, and cash conversion cycle for the following firm:
Appraisals are used to evaluate an employee performance : Performance appraisals are used to evaluate an employee's performance.

Reviews

Write a Review

Operation Management Questions & Answers

  What is the arrival rate

There are currently three cashiers with dedicated lines (single channel system). The customer arrival rate for a line is 10/hr and the service rate is 12/hr. A newly hired manager decides to merge all the times to create a multichannel system.

  Business to business marketing

Founded in 1909 and based in New York City, International Flavors & Fragrances (IFF) manufactures (46 percent Of sales) (54 percent Of sales) for use in a array of consumer products. What strategies could IFF follow to differentiate its offering from..

  Important for the top management to use particular reports

Even within a same industry, giants such as Wallmart or Macys, have their own specialized AIS. It is important for the top management to use particular reports that will provide them with the best possible oversight of their business performance. Rep..

  Evaluating the implementation of an enterprise system

Cae study on Evaluating the implementation of an Enterprise System

  Benefits of information systems and information technology

Describe the different organisational benefits of Information Systems (IS) and Information Technology (IT).

  Consider production system consisting of two resources

Consider a production system consisting of 2 resources M1 and M2. These resources are used to manufacture two different products A and B. Product A requires a standard time of 4 minutes on resource M1 and 3 minutes on resource M2. What would be the f..

  Exactly one tank in sample contains high viscosity material

In a chemical plant, 24 holding tanks are used for final product storage. Four are selected at random and without replacement suppose that six of the tanks contain material in which the viscosity exceeds the customer requirements. What is the probabi..

  Cash flow crisis next time her business volume reduces

Mary Margaret Glenn knew the going would be tough the first couple of years. She was now finding out exactly how tough. After five years of working for others, Mary and her former college roommate had pooled their resources and purchased a small buil..

  Collaborative and partnership philosophy

Should organizational leaders adopt an adversarial or a collaborative/partnership philosophy when dealing with other companies? Does it matter whether or not the other company is a direct competitor for your response? Why or why not?

  Firms materials requirements-enterprise resource planning

As part of the management team for PPQ Parts manufacturing company, you are tasked with selecting the best software packages for the firm's materials requirements planning (MRP), capacity requirement planning (CRP), and enterprise resource planning (..

  What would be the nature of the objective function in such

a trading company in the middle ages transported tea spices and other oriental products via the overland trade route

  Compute also interpret decision maker a risk premium

Compute also interpret decision maker A's risk premium for a payoff of $50 000. Explain why don't decision makers A also B select the same decision alternative.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd