How to apply the factor-rating method

Assignment Help Operation Management
Reference no: EM132956882

Your company is expanding rapidly and looking for a new location to set up its manufacturing facility. As the Operations Executive you are given the responsibility to explore 3 different locations. You have decided to apply the factor-rating method because the method considers a wide variety of factors and instills objectivity into the process of location decision strategy.

You are to brief your team of site surveyors on how to apply the factor-rating method.

Reference no: EM132956882

Questions Cloud

What is the concept of enterprise resource planning : Ultimately, positive business impacts included the consolidation of an outdated accounting structure, What is the concept of Enterprise Resource Planning
Operators of critical infrastructure : What responsibility do private-sector owners and operators of critical infrastructure have to protect their facilities? How does this differ from that of other
Enabling the company to achieve competitive advantage : How IKEA uses its layout strategy to achieve efficiencies and effectiveness thus enabling the company to achieve competitive advantage.
Threat intelligence in cybersecurity : Tell something about Firewall logs for threat intelligence in Cybersecurity- Attack and Defense. Please be detailed. better include Definitions, real-life examp
How to apply the factor-rating method : You are to brief your team of site surveyors on how to apply the factor-rating method.
Discussions of change management : Kurt Lewin's name comes up in almost all discussions of Change Management. He contributed two major ideas to the OB or OD (organization development) fields - th
Illustrate the sources of service sector growth : How does amazon.com illustrate the sources of service sector growth?
Formulate problem by defining decision variables : A truck with the capacity to load 4,000 cubic feet of cargo is available to transport items selected from the following table.
Improve the operations of a business : There are many technologies that organizations can use to improve the operation of manufacturing and service supply chains. Discuss how a specific emerging tech

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