Reference no: EM133122515
BM 5151 Operations Management - HD in Business Management
Task
1 Describe the performance objectives which the organization focuses on out of cost; dependability; flexibility; quality and speed. Evaluate the link between operations management and business strategy.
2 Describe any three of below processes in the organization. Identify the strengths and weaknesses of the current practices and derive recommendations.
3 Examine the quality management approaches used in the organization. Identify the strengths and weaknesses of the current practices and derive recommendations.
4 Select any known process of the organization and present that by using process mapping symbols (Hint: select any process which is with less than 20 activities). Evaluate the existing process and reengineer the process.
5.a Develop the network diagram and identify the critical path of the project. Determine the project duration by which the business can be expected to begin operations
5.b Explain the usage of the critical path method to the selected organization.
6.a Determine when orders should be released for A, B, C, and D and the size of those orders.
6.b Discuss the advantages of a MRP system to the selected organization.
7 The findings should be presented in a report not exceeding 4500 words.
PORTFOLIO
Role of Operations Management
Learning outcome 1: Evaluate the strategic role of operations management in sustaining firm's competitive advantages.
Learning outcome 2: Illustrate planning, organizing and controlling functions of the conversion system.
Learning outcome 3: Examine the quality management approaches used in delivering products and services.
Learning outcome 4: Apply analytical skills and problem-solving tools to an operational problem.
Scenario and the Task
Operations Management (OM) is a business function responsible for planning, coordinating and controlling the resources needed to produce a company's goods or services. OM is a highly important function in today's dynamic business environment. The role of operations strategy is to make sure that all the tasks performed by the operations function are the right tasks.
Select any service or manufacturing organization of your choice and prepare a report on the below mentioned tasks.
Describe the performance objectives which the organization focuses on out of cost; dependability; flexibility; quality and speed. Evaluate the link between operations management and business strategy.
Describe any three of below processes in the organization. Identify the strengths and weaknesses of the current practices and derive recommendations.
Product design
Process selection
Capacity planning
Inventory planning
Examine the quality management approaches used in the organization. Identify the strengths and weaknesses of the current practices and derive recommendations.
Select any known process of the organization and present that by using process mapping symbols (Hint: select any process which is with less than 20 activities). Evaluate the existing process and reengineer the process.
Assume that the management of the selected organization has decided to establish a new division. The operations manager of the head office has been laid out the activities, which have to be carried out before the establishment of the new division. Following table shows the activities which have to be finished before starting the new business.
Using the above information
Develop the network diagram and identify the critical path of the project. Determine the project duration by which the business can be expected to begin operations
Explain the usage of the critical path method to the selected organization.
Assume the company produces two products, A and B that are made from components C and D. Given the following product structures, master scheduling requirements, and inventory information.
Determine when orders should be released for A, B, C, and D and the size of those orders.
Discuss the advantages of a MRP system to the selected organization.
Attachment:- portfolio.rar