How operations interfaces with other business functions

Assignment Help Operation Management
Reference no: EM133163056

Introduction to Operations Management

1. Understand how operations concerns the creation of value for the customer

2. Discuss how operations interfaces with other business functions

3. Discuss the dominant influence of local and short-term priorities on decision-making and the need for a systems approach supported by theory.

4. Explain how the concept of variability, uncertainty, capacity and inventory relate to different operations environments.

5. Contrast the relative merits of the 3 basic capacity planning options.

6. Discuss the trade-off relationship between the performance objectives, variability and buffer choices.

Reference no: EM133163056

Questions Cloud

What is the aftertax cost of debt : Ninecent Corporation has a target capital structure of 75 percent common stock, 10 percent preferred stock. What is the aftertax cost of debt
Concluding findings and limitations : Describe the internal and external factors that support the organizational objectives. Compare how your proposed marketing strategy aligns with legal, ethical,
Types of rewards granted to employees : Financial rewards include wages, bonuses, profit sharing, pension plans, paid leaves, and purchase discounts, while non-financial rewards emphasize making life
What is the max price you should pay for abc stock today : At the end of the year, you expect to receive a $1.89 dividend and $42 from selling the stock. What is the max price you should pay for ABC stock today
How operations interfaces with other business functions : Discuss the dominant influence of local and short-term priorities on decision-making and the need for a systems approach supported by theory
Calculate the expected return : If the current price of the stock is $48 per share, calculate the expected return or the cost of equity capital for the firm
What is josey estimated cash balance at the end of november : Production and fixed costs are all paid in cash. Ignoring October's sales, what is Josey's estimated cash balance at the end of November
How has the evolution of technology paralleled advancements : How has the evolution of technology paralleled advancements in learning? Do you think technology is more beneficial for the formal or informal learning environm
What is ethical issue within the advertisement : What is the ethical issue within the advertisement? Discuss the problem that you see with the advertisement.

Reviews

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