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Q. What is utility of optimised production technology to manufacturing operations?
Optimised production technology (OPT) optimises the employ of ‘bottleneck resources' (restrictive factors) for example as the binding constraints which limit capacity and by. Illustrations include programmable production cycles to equal the speed of non-bottleneck resources to the running of bottleneck resources maintained at full capacity. Optimised production technology helps to ignore the build up of unnecessary work into progress and assists a JIT environment.
What is project management?
Noted organization theorist said, "Pressure for change originates in the environment: pressure for stability originates within the organization." Do you agree? Discuss
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What is the strategic significance of Design in operations management?
1. Porter (1996) attempts to resolve the issue of Skinner's quandary with trade-offs by introducing the concept of a productivity boundary and operating efficiencies. Explain where
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An industrial plant needs to make 100,000 parts per month to meet demand. Each month contains 20 working days, each of which allows for 3 separate 8 hour shifts. a. If a worker can
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