Reference no: EM133818553

Assignment

I. Briefly describe the terms operations management and supply chain.

II. Identify the three major functional areas of business organizations and briefly describe how they interrelate.

III. Describe the operations function and the nature of the operations manager's job.

IV. Briefly discuss each of these terms related to the historical evolution of operations management:

i. Industrial Revolution
ii. Scientific management
iii. Interchangeable parts
iv. Division of labor

V. Why are services important? Why is manufacturing important? What are nonmanufactured goods?

VI. List the trade-offs you would consider for each of these decisions:

i. Driving your own car versus public transportation.
ii. Buying a computer now versus waiting for an improved model.
iii. Buying a new car versus buying a used car.
iv. Speaking up in class versus waiting to get called on by the instructor.
v. A small business owner having a website versus newspaper advertising.

VII. Describe each of these systems: craft production, mass production, and lean production.

VIII. Explain the term value-added.

IX. Discuss the various impacts of outsourcing.

X. Discuss the term sustainability, and its relevance for business organizations.