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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?
Is one of the three more effective with women? In other words, when it comes to providing evidence, do men require (or at least request) different types of evidence than do women?
Present an example of a business situation that you believe would lend itself to the use of a quantitative business model.
Develop a scope statement for this project that contains examples of all of the elements. Assume that the event will occur in four weeks, and provide your best guess estimate of the dates for milestones.
OBJECTIVES:The purpose of this assessment is to focus on the fundamental aspects of Operations & Quality Management as it applies to an organizational structure adopted by the organization.
Which channels of distribution mentioned do you think are most efficient and why? Should the company consider discontinuing or adding channels of distribution to its strategy? Explain.
Prepare an initial response when charged that will attract the interest of the company that posted the RFP?
How might a manager go about identifying the skills that the company will need in the future? What skills might an organization like a bank need from its employees?
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?
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?
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.
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 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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