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Ques: What do you consider to be the challenges facing operations managers today?
1. Interfacing with other managerial functions
2. Dealing with increased rates of change
3. Increasing array of skills necessary
4. Changing environments - including wide range of service environments such as education, health, travel and tourism, introduction of complex information systems such as ERP increasingly demanding standards, tqm; bpr , iso 9000; iip; bs 14000 and need for continuous improvement
5. Need for constant innovation.
Define what is span of management. Span of Management termed as the number of subordinates working under a manager.
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Explain Economic Order Quantity and Total Cost. Economic Order Quantity and Total Cost: The total sum of Inventory procurement cost and inventory carrying cost is total cost.
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Order Qualifiers - Operations Strategy These are not essential to winning business in their own right. They may however, determine the entry level whereby the organisation is
objectives
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