How to drive some of the operations management indicators

Assignment Help Operation Management
Reference no: EM133295932

Assignment:

You have just been appointed as a Operations Director at a company respecting that you have a MBA degree and to lead the operations in a very bad economy. You have decided to present to the board on how you hope to drive some of the operations management indicators shown below. Indicate for each of them if you will be increasing, decreasing, or not changing the set standard for the indicator. Include the motivation for this and how you will do it considering the factors that contribute to it.

[This should not be more than 10 sentences per item below and record any assumptions you make]

(a) Break-even volume is set at 5000 tons of product

(b) The economic batch quantity of the major raw material is 500 tons placed at 10 times per year.

(c) Productivity is presently at 0.5 tons per hour (based on labour hours)

(d) Quality indicators as total of quality costs: Prevention cost/total quality cost 0,755 Appraisal cost/total quality cost 0,753 Failure cost/total of quality cost 0,8492.

Reference no: EM133295932

Questions Cloud

How would advise an employee : Explain how you would advise an employee or student to avoid the stress you encountered by utilizing effective time management techniques.
What do you think about the unit management position : What do you think about the unit management's position and actions following the accusations in the mentioned examples?
Conservation authority-catfish creek conservation authority : List 7 different services, programs, and events that Catfish Creek CA offers that make it interesting and uniquely appealing.
Discuss the quality improvements will be sustained : As you are the Director responsible for the quality portfolio you are requested to discuss how the quality improvements will be sustained.
How to drive some of the operations management indicators : You have decided to present to the board on how you hope to drive some of the operations management indicators shown below.
Discuss international trade and resource management : YOU CAN DISCUSS ANY CURRENT EVENT on International Trade/Resource Management that you have read in the Wall Street Journal of other business resources.
Define business ethics : In companies, ethics is an aspect that is increasingly taking a decisive place in terms of intercultural management. How would you define business ethics?
Define operations management : Define operations management. What operations managers do? How operations managers address the relevant issues of strategic importance?
What are the recommended strategies for tesla : What programs or tactics should be developed to implement a recommended strategy? Who should develop and be in charge of these programs?

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