Reference no: EM132952074

1. What are the key differences between manufacturing and service organisations regarding decisions in the "inventory management" area? Please discuss and give examples.
2. Discuss the differences between "make-to-order" and "make-to-stock" strategies from the producers' and customers' perspectives.
3. Operations strategies can be named low cost, short processing time, on-time delivery, high-performance design and high-quality processing, consistent quality, innovation, flexibility, volume, superior customer service or convenience. What is the relationship between process selection and any two selected operations strategies? Explain and give examples.
4. What are some potential benefits of managing the supply chain? Please discuss.
5. Illustrate the difference between prevention and appraisal costs using an insurance company as an example.
6. Define economies of scope, and identify how they relate to flexible automation.
7. How do you measure capacity? Give examples from manufacturing and service organisations.
8. Describe some of the trade-offs that are encountered in product and service design.
9. What are some of the consequences of the week forecast? Explain and give examples.
10. Name and explain the ways that technology has had an impact on project management.
11. Why are priority rules needed in scheduling? Give examples.