Introduction to the operations function, Operation Management

Assignment Help:

Introduction to the Operations Function

Firstly, consider the economy where gross domestic product (GDP) has been subdivided into its major divisions which are agriculture, manufacturing and services. The following tables show the changes in contribution for a number of countries between 1980 and 1996 and employment projections. Note that primary, secondary and tertiary sectors refer to the evolution of activity where the first or primary activity was applied to basic needs such as food followed by manufacturing (secondary) and finally services (tertiary). 

You may wonder why we are starting here? When you are contemplating this data pause and think of the contribution of the operations function because operations is all about transforming resources including money, people, capital and resources into goods and services. GDP, in a sense, is the scorecard.


Related Discussions:- Introduction to the operations function

Explain how can advertisers use the vals information, How can marketers use...

How can marketers use the VALS information to serve consumers better? Name five types of products or services for which the VALS information would be particularly useful. Explain.

How a roofing company considered socially responsible, A roofing company ag...

A roofing company agreed to complete a job in one week and collected a 50 percent deposit, but never showed up to do the job. The same roofing company then donated $6,000 to a loca

Compute demand for a product, Historical demand for a product is:January DE...

Historical demand for a product is:January DEMAND 12 / February DEMAND 11/March DEMAND15/ April DEMAND 12/ May DEMAND 16 /June DEMAND 15 a. Using a weighted moving average with

Ghant for Inventory Control, Hello! I need some help creating a ghant shed...

Hello! I need some help creating a ghant shedule for silo bins. I am harvesting, and I have large grain bins which will be filled depending on how fast we harvest. I also need to

Explain how is job analysis performed in a company, 1. Compensation systems...

1. Compensation systems vary from company to company, but tend to be similar in design and overall cost within a specific industry. Why would you think this is so? 2. Why is a well

Explain what does ethical egoism believe, What does ethical egoism believe ...

What does ethical egoism believe we should embrace as a cocept for living? How alien is this to Christian worldview? How does Ayn Rand argue the benefits of this concept? What does

Variations in demand for its products, FIVE ways in which an organisation m...

FIVE ways in which an organisation might respond to variations in demand for its products. Five ways are:- Use of overtime working Use of part-time or casual labour Hi

Formulate a problem as a linear programming problem, The Grand Valley Compa...

The Grand Valley Company, run by the J. Motwani family, produces two products: bed mattresses and box springs. A prior contract requires that the firm produce at least 30 mattresse

Describe opportunities to improve the system, Define the product you will b...

Define the product you will be offering at College Pretzel Company (CPC) in detail. Create any necessary documentation such as an engineering drawing or a bill of material for the

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