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

Binomial distriubiton - probability distribution , BINOMIAL DISTRIUBITON ...

BINOMIAL DISTRIUBITON This  distribution  (also known  as Bernoulli  distribution ) is useful  in such  an experiment where  there  are only two  outcomes success or failure g

OPERATION RESEARCH, A paper mill produces two grades of paper viz., X and Y...

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

MODERN MANAGEMENT, DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH...

DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT

Report writing - report writing presentation, REPORT WRITING The final...

REPORT WRITING The final step in research is to report the study  findings to those  who authorized the investigation. The American marketing association is  of the opinion  t

Transportation, we have three reservoirs with daily supplies of15, 20 and 2...

we have three reservoirs with daily supplies of15, 20 and 25 litres of fresh water respectively. on each day we must supply four cities A B C D whose demands are 8 10 12 and 15 res

one tailed test diagrams - hypothesis testing, Normal 0 false ...

Normal 0 false false false EN-IN X-NONE X-NONE

Explain the graicunas theory, Question 1 Discuss the impact of Henry Fayol...

Question 1 Discuss the impact of Henry Fayol's principles of management on the modern techniques of management with the help of suitable examples Question 2 Explain the Gary

Oral presentation - report writing presentation, Oral Presentation At ...

Oral Presentation At times  oral presentation of the  results of the study is considered effective particularly in case where  policy recommendations are indicated by project

Mr Diwakar, A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ., X AND Y. BECAUS...

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

Innovation.., identify a new technological innovation not yet commercialize...

identify a new technological innovation not yet commercialized (e.g., house cleaning robotic). What are the product''s features? In your paper, explain how that technological innov

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