Illustrate performance dimensions for operational strategy, Operation Management

Assignment Help:

Illustrate the performance dimensions for operational strategy?

Performance dimensions for operational strategy:

Quality for illustrations Marks and Spencer, Thornton’s, BMW many all are synonymous along with the representation of high quality. Quality implies fitness for the reason, so that dimension would comprise other characteristics as like how the product functions and how reliable and robust this is.

Speed for illustrations AA or RAC could propose superior call out response times, Concorde while this was first launched provided the best transatlantic flights, courier companies as FedEx Express can assurance overnight global parcel delivery.

Flexibility for illustrations capability to increase or reduce production to meet customer demands, coffee shops, and hair dressers as well as call centres and how they all react to peak times is one that focus of this dimension. Multi-skilled staff can assist an organisation attain greater flexibility as well as economies of scope.

Cost for illustrations aiming to give a product or service at the lowest possible price that a cost leadership strategy. Inexpensive and cheerful products as supermarket ‘own economy brands’ or fundamental no frills services as Easy Jet and Ryan Air.


Related Discussions:- Illustrate performance dimensions for operational strategy

Depict a forecast on a graph with the actual data, Develop a forecast for y...

Develop a forecast for years 2 through 12 using exponential smoothing with %u03B1 = .4 and a forecast for year 1 of 6. Plot your new forecast on a graph with the actual data and th

Explain what is the coefficient of determination, A large school district i...

A large school district is revaluating its teachers' salaries. They have decided to use regression analysis to predict mean teacher salaries at each elementary school. The research

Explain the facts on which economic order quantity is depend, Explain the f...

Explain the facts on which Economic Order Quantity is depend Economic Order Quantity depends on two costs:  (i) Inventory procurement costs which consists of expenditure con

Explain nnon-monetary motivation, Explain nNon-monetary motivation. No...

Explain nNon-monetary motivation. Non-monetary Motivation: The following are several of the techniques of providing motivation that are non-monetary in nature:- (i) Pra

Describe linear programming problem, Swearingen and McDonald, a small furni...

Swearingen and McDonald, a small furniture manufacturer, produces fine hardwood tables and chairs. Each product must go through three stages in the manufacturing process - assembly

Explain project manager make changes to a baseline, under what conditions w...

under what conditions would a project manager make changes to a baseline? Be sure to give at least 1 example for each condition

Do you think that there is too much advertising out there, Do you believe t...

Do you believe that there is too much advertising out there? Do you think there should be a limit to advertising? Explain.

Graphical method of solution for linear programming problems, Question: The...

Question: The graphical method of solution for linear programming problems is an effective means for solving a linear programming problem's six decision variables and eight constra

Calculate the annual total cost, ABC Aircraft uses 2,000 drill bits annuall...

ABC Aircraft uses 2,000 drill bits annually. Each drill bit costs $50 and each order ABC places costs $30. The annual carrying rate is 20% of unit cost. ABC has contracted with the

Explain ddi communications model, What`s the use of DDI communications mode...

What`s the use of DDI communications model most typically used by and for 1st level supervisors?

Write Your Message!

Captcha
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