Essay questions1 what is operations management why is it

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Essay Questions

1. What is operations management? Why is it important? Is a good knowledge of operations management more important in service or manufacturing industries? Explain your answer.

2. Discuss the use of PERT/CPM techniques for managing projects. Describe what PERT/CPM does. Discuss advantages and disadvantages of using it. What other techniques might you choose to manage your project?

3. What are economies of scale in a manufacturing plant? Do they continue forever? What are diseconomies of scale? How might you decide the optimal size of a plant?

4. What, in your opinion are the 3 most important issues in supply chain management. Discuss why you think these are the key issues.

5. Discuss why (or if) inventories are necessary. What are the benefits of inventories? What are the disadvantages of holding inventories?

Reference no: EM13347183

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Operation Management Questions & Answers

  Is one of the three more effective with women

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  Present an example of a business situation

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  Estimate of the dates for milestones

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  Focus on the fundamental aspects of operations

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  Should the company consider discontinuing

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  Prepare an initial response

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  Identifying the skills that company will need in future

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  Explain the functions of management

What are the four functions of management? Define them. How do these functions relate to the goals of an organization? What is the relationship of efficiency and effectiveness to organizational performance?

  Discuss the various elements of strategic leadership

Do you believe that one's propensity to become a leader is an acquired skill or that the ability to be a leader is something that individuals are born with?

  Illustrate what principles of operations management

Any equipment which is in need of repair or replacement is removed for off-site service (or replacement) prior to the next day. Illustrate what Principles of Operations Management are supported by this policy.

  Discuss the techniques these companies are applying

Research several issues of business magazines such as Fortune, Business Week, Fast Organization, etc. also find examples of two companies that are using approaches to busting bureaucracy. Discuss the techniques these companies are applying.

  The circulation manager of the new york times

The circulation manager of The New York Times in State College, PA is trying to decide how many copies of the upcoming Sunday edition of the paper to order so as to meet the demand of local customers

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