Operations function - transformation processes and planning, Operation Management

Assignment Help:

Operations Function - Transformation Processes and Planning

The operations function is concerned with the design of transformation processes, planning their use, and organising and controlling their day-to-day activities, ie how inputs can be acted upon to produce the required outputs, in the right quantities, of the right quality, at the right time. The operations function can control 70% of all assets. 

1. Operations can be viewed as a closed loop system. Systems display complex behaviour. 

2. Operations systems may be classified according to the extent to which products or services are made-to-order, assembled-to-order or made-for-stock. 

3. Operations systems may also be classified according to volume, variety or flexibility: project, job-shop, batch or continuous. 

4. Service operations may be usefully classified according to Schmenner's Matrix, according to their degrees of labour intensity and customisation/ customer interaction. 

5. As the service sector grows, it is increasingly apparent that service operations share many of the management problems encountered by production systems and can be described using the same theoretical constructs. 

6. Responsibilities of an operations manager and the interface with other functions such as marketing, people management and accounting and finance. 

7. The future challenges for operations managers especially in the service sector. 

8. Review of major stages in the evolution of operations: past, present and future. 

A general model of operations is illustrated in the following figure:

1533_Operations Function - Transformation Processes and Planning.png


Related Discussions:- Operations function - transformation processes and planning

Explain full capacity and with product demand rising, Develop a decision tr...

Develop a decision tree for the case of a company is operating at full capacity and with product demand rising. The choice is between new equipment and overtime. A 20% rise in sale

Electronic data interchange, Electronic data interchange relies on   St...

Electronic data interchange relies on   Structured data and standard business documents.

Calculate the proposed capital budgeting project, Tommy Tinker Toys Inc. is...

Tommy Tinker Toys Inc. is considering a capital budgeting project that is unrelated to their current investments. The proposed project will be 40% debt financed at rd = 11.25%. The

Provide description of the business model, Create the document with conside...

Create the document with consideration to the following: E-Commerce business plan Use Word Title Page Table of Contents Use of the auto generated table of contents

Explain assess the importance of slack, Assess the importance of "slack" to...

Assess the importance of "slack" to the project manager

Explain level of bookings influences, Please give a detailed explanation fo...

Please give a detailed explanation for the following scenario: Your industry practices reporting "bookings" for contracted business. The level of bookings influences your company's

OPERATION REASERCH.., #question.six operators are to be assinged with 5 job...

#question.six operators are to be assinged with 5 jobs with cost of assingment in rs given in the matrix below 1 2 3 4 5 62526 25877 78698 62345 93897 47468

Explain how much is it costing the company per day, A production process co...

A production process consists of a three-step operation. The scrap rate is 19 percent for the first step and 10 percent for the other two steps. a. If the desired daily output

Explain units of output per dollar of input, A hamburger factory produces 4...

A hamburger factory produces 40,000 hamburgers each week. The equipment used costs $5,000 and will remain productive for 4 years. The labor cost per year is $9,500. a. What is 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