Explain the different elements of operations management

Assignment Help Operation Management
Reference no: EM13825485

Explain the different elements of Operations Management with an example of real company from the pharmaceutical industry.

Additional Requirement

This types of problems come to the Operations Management and it is about the different elements of operations management that can be found in a typical pharmaceutical company. Here an example of GSK has been taken. GSK is one of the world's leading pharma companies in the world. Today, pharmaceutical industry is experiencing high competition and financial pressures and many pharma companies are trying to keep up. In order to achieve a better level of production and supply, the kind of operations does a company like GSK needs to put in have been discussed in the solution.

Word Limit 1500

Reference no: EM13825485

Questions Cloud

Cash disbursements for operating expenses : Rocky Shoes sells snow climbing shoes worldwide. They expect to sell 8,500 pairs for $180 each in January 2016; 3,500 pairs for $190 each in February 2016; 4,100 pairs for $260 each in March 2016; and, 3,500 pairs for $250 each in April 2016. Cash Re..
Using the straight-line method-salvage value : A truck costing $45,000 and having an estimated salvage value of $4,500 and an original life of five years is exchanged for a new truck. The cash price of the new truck is $57,000, and a trade-in allowance of $22,500 is received. The old truck has be..
What is wave motion : What is wave motion and write its interpretation.
The amount of the cash paid : A company purchased $2,000 of merchandise on December 5. On December 7, it returned $100 worth of merchandise. On December 8, it paid the balance in full, taking a 1% discount. The amount of the cash paid on December 8 is:
Explain the different elements of operations management : Explain the different elements of Operations Management
Explain about lowering cost by increasing manufacturing : These multiple choice problems belong to Economics. The first question is about lowering cost by increasing manufacturing, the second question is about barriers to entry for a firm in an industry.
Using job order cost accounting system : Prepare journal entries to record the following transactions and events for April using a job order cost accounting system.
When the stockholders invest cash in the business : When the stockholders invest cash in the business, what is the effect?
Treasury stock should be shown on the balance sheet : Treasury stock should be shown on the balance sheet as a(n):

Reviews

Write a Review

 

Operation Management Questions & Answers

  Xplain what is meant by term contingent workforce

Explain what is meant by term contingent workforce also discuss pros also cons for both employer also employee.

  Employer-sponsored retirement and healthcare plans

Discuss Employer-Sponsored Retirement Plans, and Health Insurance Programs. Include in your discussion the impact of Employer-Sponsored retirement and healthcare plans. Explain the characteristics of these various plans

  What amount of interest and principal will be repaid at end

Assuming that the company can borrow the funds at a 10 percent rate, what amount of interest and principal will be repaid at the end of each year of the loan?

  Her stress is from which stressor

Mary is suffering work stress as a result of her interactions with her new boss, who rcently transferred from Finland. He has reorganized the work based on teams. In Mary;s team, there is no agreement on who should do what or on the purpose of the te..

  Through better purchasing

through better purchasing, the cost of purchases was reduced to 43% of sales.

  Define strategic managers face involves outsourcing

One of the important decisions that strategic managers face involves Outsourcing and Offshoring. Please describe when these strategies should be considered and what limitations or factors make Outsourcing or Offshoring an undesirable course of act..

  How can they claim the right to influence law

If businesses claim to have no extra-legal obligations, how can they claim the right to influence law and regulation?

  What are key elements of apollos business strategy

How does Apollo view and assess the higher education market? What are key elements of Apollo's business strategy? How do the structural components of Apollo's strategy/model match their target customers' needs?

  Evaluate the key strategy implementation efforts at henkel

Evaluate the key strategy implementation efforts at Henkel. Has management allocated sufficient resources to the strategy execution effort?

  Alpha walk-in clinic operates as a single channel single

alpha walk-in clinic operates as a single channel single server system. on tuesdays its average arrival rate per hour

  Use three philosophical theories to analyze

Provide one example of a sitution in which it seems to be more important for a business to be ethical than lawful, and one example of a situation in which it seems more important for a business to be lawful rather than ethical.

  What is the recommended production rate

What is the recommended production rate if a level strategy is adopted with no back orders or stockouts? What is the ending inventory for month 4 under this plan?

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