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

Explain which station is the bottleneck station, A production line at A's m...

A production line at A's machine shop has three stations. The first station can process a unit in 10 minutes. The second station has two identical machines, each of which can proce

Explain what is the roic, (Oscar's Office Building) Oscar is considering ge...

(Oscar's Office Building) Oscar is considering getting into the real estate business. He's looking at buying an existing office building for $1.8 million in cash. He wants to estim

Simulation, Which of the following distributions cannot be simulated a) U...

Which of the following distributions cannot be simulated a) Uniform b) Poisson. c) Normal. d) All of these can be simulated.

How to compute capacity utilization rate last of a month, 1. A manufacturin...

1. A manufacturing shop is designed to operate most efficiently at an output of 550 units per day. In the past month the plant produced 490 units. What was its capacity utilization

Explain ethical for employers to use information technologie, Is it ethical...

Is it ethical for employers to use information technologies to extend work into employees home lives?

Compute the bias and mad for each set of forecasts, Given the series of dem...

Given the series of demand data below Period: 1 2 3 4 5 6 7 8 9 10 Demand: 43 31 52 44 23 48 40 39 30 40 Calculated forecasts for periods 7 through 11 using moving average

Explain how is ace products organized, Steffi Graf has assumed leadership o...

Steffi Graf has assumed leadership of Ace Products after many years of loyal service. Ace Products is an international manufacturer of copiers, printers, and fax machines. Historic

Explain recommendations with the external distribution, Lucille Jenkins, th...

Lucille Jenkins, the CEO for the Durham International Manufacturing Company (DIMCO), believes that the company can significantly increase its operating profit by implementing suppl

Explain a product at each stage of the plc, Using the product life cycle, d...

Using the product life cycle, describe a product at each stage of the PLC and support your choice.

Explain the implications from an operations design, Question: Large ret...

Question: Large retailers, in general, tend to move from a business model characterised by a fragmented network of many small-to-medium scale retail operations located in city

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