How does data analytics support your metrics

Assignment Help Operation Management
Reference no: EM131312879 , Length: 3

Question:

Prompt - Develop a listing of what you believe are the most important metrics for operations managers. (Hint: Be sure to consider the triple bottom line.)

1- How does each metric support the overall financial performance of the organization?

2- What data would be used to support this metric and how would you ensure that the data are of sufficient quality?

3- How does data analytics support your metrics?

Be sure to fully explain your rationale for selecting these metrics.

Reference no: EM131312879

Questions Cloud

Specific key environmental forces : Explain what the specific key environmental forces are that created an opportunity for your company. Company, drive through Wine store.
Company requires a floating rate loan : Companies a and b have been offered the following rates per annum on a $100 million 5 year loan. Company A requires a floating rate loan; company b requires a fixed rate loan. design a swap that will appear equally attractive to both companies.
Implement a new version of the sparse life grid adt : Implement a new version of the Sparse Life Grid ADT from Chapter 4 to use a sorted list and the binary search to locate the occupied cells.
The labor movement in a global economy : The topics covered throughout the course will provide a starting point for further research. The final assignment must be supported by a solid foundation in labor relations concepts taken from the textbook as well as outside research. The research..
How does data analytics support your metrics : Develop a listing of what you believe are the most important metrics for operations managers. What data would be used to support this metric and how would you ensure that the data are of sufficient quality? How does data analytics support your metric..
Life insurance policy : Ramona and Pablo Valdez are a dual-career couple who just had their first child. Pablo, age 29, already has a group life insurance policy, but Ramona's employer does not offer life insurance. Help Ramona evaluate this advice and decide on an appropri..
Implement following functions related to singly linked list : The splitInHalf(head) function, which accepts a head reference to a singly linked list, splits the list in half and returns the head reference to the head node of the second half of the list. If the original list contains a single node, None shoul..
The power of marketing : Marketers cannot create demand or make people buy things that they don't want or need. However marketing is designed to persuade, inform, and remind people about the availability, choices, features, and advantages associated with new and existing ..
How does a web service differ from a web application : How does a web service differ from a web application? What are the steps involved in defining and using a web service? What are the elements of the web services software stack and what is the purpose of each?

Reviews

len1312879

12/15/2016 2:09:17 AM

Your paper must be 3 pages in length, with double spacing, 12-point Times New Roman font, one-inch margins, and at least three sources cited in APA format. Be sure to fully explain your rationale for selecting these metrics.

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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