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Approaches to Determining Operations Strategy
This describes aspects of operations systems and performance measurement, including trade-offs between performance criteria. We look at market-based dimensions of operations performance and discuss how these affect the determination of operations strategy. Determination of strategy should be specific to the company and industry concerned.
1. Your firm is considering an investment in a wind farm. Assume that the farm will cost $1 million per MW of installed capacity. The plan under consideration would deploy 10 GE 1.
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Briefly describe the company you researched, its compensation strategy, best practices they are applying, and compensation-related challenges they are facing.
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