Operations function - information system, Operation Research

Assignment Help:

The Operations Function has always relied heavily on information for its smooth running. During this course information has been introduced as one of the five inputs to the conversion process however it is now necessary to think of information not as a discrete input but as an entity that permeates and is attached to all parts of the conversion process and wider business. In addition to the more tangible and physical inputs required in terms of material, staff, facilities and capital a variety of information is required to accompany these such as: ?

How much of each type of material is required for this production run?

How many man-hours of labour are needed to complete this job?

What is the unit cost of each manufactured item?

What is the capability of this process?

While information has always been necessary more recently, with growing technological sophistication in both products and markets, the amount of information required has increased, the diversity in types of information available has grown and the methods of managing information have become more varied.

Information has therefore become more critical to the efficiency and competitive advantage of the organisation. Increasingly it has become the responsibility of the operations manager to define the information required by the organisation and to provision methods that capture, store and disseminate it whether it be for completion of work by those within the conversion process or for use in decision-making by those at the top of the organisation. In this chapter we will look at the basic building blocks of an Information System (IS). We will then define the term information and explain how it can be made useful to the organisation. We will go on to discuss the processes used to produce useable information and how to build these processes into our operation. Finally, the impact of increased use of technology on people within the organisation will be discussed.

Here are some key questions that you should consider as you read this chapter:

  • ? What information is crucial to your organisation?
  • ? How is this information gathered and used?
  • ? Can the use of an appropriate IS within your organisation lead to some previously unseen competitive advantage?

Related Discussions:- Operations function - information system

Game theory-, use of game theory by state bank of india

use of game theory by state bank of india

Some guidelines for bibliography entries , Some Guidelines  for Bibliograp...

Some Guidelines  for Bibliography Entries 1. Reference of a Back  by One Authors : Mention authors  name book title ( in italics hence  to be  underlined) city  publication

Big M method, Maximize p = (3)x + 2y subject to 2x + y 3x + 4y >= 12

Maximize p = (3)x + 2y subject to 2x + y 3x + 4y >= 12

Decision Analysis, make a research project for modern day companies on how...

make a research project for modern day companies on how they can make decisions using decision analysis

Steps of research proposal, Steps of Research Proposal Proposal Con...

Steps of Research Proposal Proposal Content  The researcher is always given instructions for preparing a proposal that indicate the format to be followed. Funding agencie

Operation research techniques, Select five Operations Research techniques a...

Select five Operations Research techniques and describe in detail the real world application of such techniques in business decision making.

Non-documentary sources and institutional resources, Non-Documentary Source...

Non-Documentary Sources: On the other hand, non-documentary sources are institutional and human resources, both of which are important links in the information-transfer chain.

Concept of reporting entity, Briefly discuss the concept of Reporting Entit...

Briefly discuss the concept of Reporting Entity in SAC 1 How asset is defined and recognised under the AASB Framework? Silver Developers Ltd is a property development company

Maps, Maps, Atlases and Globes: Maps illustrate the distribution of ma...

Maps, Atlases and Globes: Maps illustrate the distribution of many things that occur on the surface of the earth. Information is presented by the use of a vast array of symbol

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