Performance metrics were not tied to financial outcome

Assignment Help Operation Management
Reference no: EM131226589

Think of a company where you have worked that had the wrong performance metrics or measurements, this means that although the performance metrics at shop floor level were right on target/as per standard, financial results were indicating low performance, thus indicating that the shop floor performance metrics were not tied to financial outcome/performance. If you had this situation, explain how it was resolved? Note: If you have not experienced this, answer based on hypothetical model, explain your answer

Reference no: EM131226589

Questions Cloud

Describe the business research process followed : Discuss how a study, such as the one you located, could be applied to your own work. You will need at least 1 source. Format the assignment consistent with APA guidelines.
Describe one strength of one branch of our government : Describe one strength and one weakness of one branch of our government: Executive, Legislative, or Judiciary. Recommend one option to maintain the strength and one to correct the weakness.
What are connections between the eating and the thinking : We shall call him a lover of food but a poor eater. - What are the connections here between the eating and the thinking?
Today environmentally friendly society : What is the meaning of "Green Computing," gather statistics, or develop a list of ways to practice green computing; now expand the discussion to determine if Green Computing is possible, if it can make a difference, or if it is a marketing term us..
Performance metrics were not tied to financial outcome : Think of a company where you have worked that had the wrong performance metrics or measurements, this means that although the performance metrics at shop floor level were right on target/as per standard, financial results were indicating low performa..
Manager of a fashionable restaurant : The manager of a fashionable restaurant open Wednesday through Saturday says that the restaurant does about 32 percent of its business on Friday night, 33 percent on Saturday night, and 24 percent on Thursday night. What seasonal relatives would d..
Complete a comparative analysis of stratification systems : Topic - Social Stratification Analysis - Describe the social mobility of each stratification system and explain how individuals are sorted within the systems.
Consider the three main types of risk control : Think of the small camera store. Consider the three main types of risk control. Devise specific steps you could take for each of the types of risk control related to your camera business.
Each activity in the operations of that business : Select a type of small business. Then follow Operations Processes (Input - Processes - Output), describe ways the business owner can provide high quality with each activity in the operations of that business.

Reviews

Write a Review

Operation Management Questions & Answers

  Establish kanbans to feed newly installed work cell

The XYZ Company wants to establish kanbans to feed a newly installed work cell. The daily production (demand) rate is 170 units. The production lead time is 3 days. They want to keep a 25% buffer of safety stock on hand (the safety stock factor). The..

  Describe one cognitive error from each category

Discuss and describe one cognitive error from each category (biases, framing effects, and heuristics), analyze how each of the errors you describe can affect you as an investor, and what steps one might take to mitigate each error.

  What are your thoughts on labeling and generations

What are your thoughts on labeling and generations? Is it a necessary evil or a way to make us feel special, different or just plain uncomfortable? Which generations collide at work and why? Is this important?

  Order the rows in descending order of average balance

Refer to the tblCustomer table below. As a data analyst, you have been requested to select rows that meet the following requirements: For each region, extract the average balance for the region. Include only those regions where the average balance is..

  Mid-state bank corporation recently declared a 7-for-2

mid-state bankcorp recently declared a 7-for-2 stock split. prior to the split the stock sold for 80 per share. if the

  Explain why fast tracking is of high risk

Explain why fast tracking is of high risk, Fast-tracking can be an option to get your project back on schedule.

  Describe organization production and purchasing strategies

What are the organization's production and purchasing strategies? Compare and contrast the operational and managerial impacts of the aggregate planning decisions in terms of customer satisfaction

  Disadvantages of mediation compared to arbitration

DISCUSS the advantages and disadvantages of mediation compared to arbitration (just creating a list without discussion will only receive partial credit). When viewing a choice between mediation or arbitration, what are some of the factors that you co..

  As continuation of your healthcare venture

As a continuation of your healthcare venture, to start up an urgent care center. You want to explore more innovative tools and be able to enhance and optimize your strategies to compete in healthcare.

  Making positive impression in an interview

How does personal grooming play a role in making a positive impression in an interview. Include a discussion of hair length, facial hair, piercings, tattoos, and so forth.

  Abercrombie and fitch could use advertising to decrease

abercrombie amp fitch could use advertising to reduce the cognitive dissonance experienced by someone who recently

  What happens if the feedback is unclear

What are the different types of errors, and what are some of the ways we can design our system to provide clear error messages and feedback to the user?

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