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

MINIMIZATION., Consider the LP min ?? = 50??1 + 100??2 3 ??.??. 7??1+2??2=2...

Consider the LP min ?? = 50??1 + 100??2 3 ??.??. 7??1+2??2=28 2??1+12??2=24 ??1,??2=0 a. A basic solution of the constraint equations of this problem has how many basic variables,

Research an issue related to computer networks, Assignments should be submi...

Assignments should be submitted via FLO by the above deadline. Penalties for late submission are as set out in the topic SAM on FLO. Extensions can be granted in line with standard

Llp, Solve the following Linear Programming Problem using Simple method. Ma...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Equation, A paper mill produces two grades of paper viz., X and Y. Because ...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

formulate the optimality equations, Each day you own 0 or 1 stocks of cert...

Each day you own 0 or 1 stocks of certain commodity. The price of the stock is a stochastic process that can be modeled as a Markov chain with transition rates as follows

Simple random sampling - sampling decisions, Simple Random Sampling  ...

Simple Random Sampling  This  is  simplest  and most  popular  technique  of sampling. In it each  unit  of the  population has equal  chance  of being  included in the samp

Linear programing, Maximize6x1+8x2+5x3,st,labour3x1+4x2+5x3 =0 then brefly ...

Maximize6x1+8x2+5x3,st,labour3x1+4x2+5x3 =0 then brefly explain x1,x2,x3;term labour,metal&plastic;the160hours;x1,x2&x3>=0

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

Reference books - report writing presentation , Reference Books If an ...

Reference Books If an article  in a reference  books has more  than one  author use the  same  format  for  authors  given for  books above. a. Authors Known :Authors last

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