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

Employees that meet to recognize work problems, Small groups of employees t...

Small groups of employees that meet to recognize work problems and their solution are known as   Quality circles.

Explain how is crisis leadership different from leading, How is crisis lead...

How is crisis leadership different from leading under normal circumstances? If leaders wanted to fine-tune their crisis leadership styles, how would you suggest they practice witho

Explain how important is the compensation system, How the compensation syst...

How the compensation system influences employees motivation, productivity and satisfaction. How important is the compensation system in an employee's productivity? Are there other

Operation Management, n the table given below the Distribution Manager is e...

n the table given below the Distribution Manager is expected to service these DCs as per the demands placed. If the actual sales after completing week one is as follows, what would

Describe determine the number of units where either, Stan Fawcett's company...

Stan Fawcett's company is considering producing a gear assembly that it now purchases from Salt Lake Supply, Inc. Salt Lake Supply charges $4 per unit with a minimum order of 3000

Linear Program , I have 3 questions involving linear programming, solving u...

I have 3 questions involving linear programming, solving using both a) the enumerating the corner points method and b) the iso-profit line method.

Find range of annual volume, A firm plans to begin production of a new smal...

A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-h

Why it is vital government to regulate businesses operating, • Explain at l...

• Explain at least two ways in which poor cost management could negatively impact a business. Provide support for your rationale. • Discuss three reasons why it is important for

Explain turnover and low retention among expatriate employee, Utilizing Tex...

Utilizing Textbook Concepts Answer ALL of the Questions Below: 1. based on what you've learned this semester, why do you think there is high turnover and low retention among expatr

What are the advantages of a partnership with a friend, The consensus is hi...

The consensus is hiring friends may not work well. Let's talk about partnerships. What are the advantages and disadvantages of a partnership with a friend?

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