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This is a comprehensive exam and will cover learnings from the entire semester. Your answers will need to be comprehensive in scope and extremely detailed. This exam usually encompasses 6 to 8 pages in length.
1. Draw the OME model listing each element of the model.
2. The learner will summarize the model by discussing the interrelationships of each element and how they work together driving performance excellence. Please describe the flow and cycles of the model.
3. For each element (ex. Drucker’s theory) you are required to define and explain its key aspects in detail. After defining the element please provide a real-world example of the element and how it is used, (when, where, why, what and who) benefits, and results. This may be from your readings; however, it is preferred that this comes from your applied semester-long project. The learner must provide examples, templates, tools, graphs etc. in their answers.
What is the difference between production management and operations management? What are the key decisions made by Purchasing and Logistics managers?
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