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Q: What is operations management?
A: Operations management is the planning, organising and control of systems which produce goods and services. It is one of the most important managerial functions although some managers may not refer to themselves as operations managers. For instance a hotel manager may will not refer to himself/herself as an operations manager. Hospital administrators do not consider themselves as operations managers. However, from the descriptions contained in this section their activities are those of operations management. Operations is therefore all about using resources and providing value. Value in the form of products and services.
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AirJet Best Parts, Inc. is concerned regarding recent changes in its stock prices for the company and would like to determine the stock prices for key competitors. Key competitors
Reliable Delivery - Customers Needs for a Product The degree to which the operations system delivers its products or services on time. DHL can successfully charge premium parc
Factors for plant Location choice - Availability of Services There are six main services which need to be considered: Gas Electricity Water Drainag
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Process Based Layout In this layout machines and services are grouped on a functional basis operation of the same type are performed in the same area. For example all welding
Cultural symbols are usually noticed through sight, sound, touch, and smell. For example, Abercrombie retail stores use music, attractive models, and fragrance to communicate eleme
Which of the following are defined as core goods? Chemicals Airlines Data storage systems Hotels None of the above
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