Reference no: EM131326357
Assignment: Vice President of Operations Management Paper
Scenario: Imagine that you are the vice president of operations at a production or service organization. You have noticed that your organization's current operations strategy is not supporting the challenges that the organization is presently facing. In order to maintain a competitive edge, you must address these challenges with your Chief Executive Officer immediately.
Select an existing production organization. Analyze the organization's current vision, mission, business strategy, operation strategy, supply chain, total quality management, just-in-time philosophy, forecasting method, statistical technique, facility location, work design, project life cycle, and project management. Note: You will need this information in order to complete this and subsequent assignments.
Write a three to five page paper in which you:
1.Evaluate key elements of the selected production or service organization's operational efficiency with its operational strategy. Determine three tasks that do not align with the operational strategy. Determine the weaknesses that are evident in each task.
2.Formulate a new operations strategy for the selected organization based on the four competitive priorities (i.e., cost, quality, time, and flexibility).
3.Analyze both the structure of the competitive priorities and infrastructure of the production process. Develop three new enablers that are aligned with the long-term plan of the selected organization. Evaluate three pros and three cons of the new enablers.
4.Use at least three quality academic resources in this assignment.
Note: Wikipedia and other Websites do not quality as academic resources. Your assignment must follow these formatting requirements:
•Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
•Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:
•Analyze the differences between service and manufacturing operations management to identify planning considerations.
•Formulate an operations strategy to conduct production or service operations.
•Explain how an operations strategy impacts product design and process selection.
•Use technology and information resources to research issues in operations management.
•Write clearly and concisely about operations management using proper writing mechanics.
State and metropolitan-local area gdp rates
: Discuss and contrast how your State and Metropolitan/Local Area GDP rates and personal income compared to the Rest of the U.S. by briefly summarizing the information within these categories. Such as, identifying the contributors to real GDP, pers..
|
What will the inflation rate be
: If the money supply is growing at a rate of 5 percent per year, real GDP(real output) is growing at a rate of 2 percent per year, and velocity is growing at 2 percent per year instead of remaining constant, what will the inflation rate be? (Enter ..
|
Discuss the importance of culturally competence in nursing
: We have learned that there is a clear and profound health disparity between the haves and the have nots. One of our greatest challenges is to understand this and become culturally competent. We have learned that many factors influence health pro..
|
Can money be supplied privately
: The U.S. government has a monopoly on U.S. dollars. Can money be supplied privately? If so what are the risks to the holder?
|
Formulate a new operations strategy for the organization
: BUS 520-Bus 515- Formulate a new operations strategy for the selected organization based on the four competitive priorities (i.e., cost, quality, time, and flexibility).
|
Determine the number of exor operations required
: Discuss complexity of calculation of the Boolean difference of a function of n variables by FFT-like algorithms and through decision diagrams.
|
Earnings multiples of similar publicly traded firms
: You are interested in ins investing in a private company. Based on earnings multiples of similar publicly traded firms, you estimate the value of the private company's stock to be $ 13.44 per share.
|
Replace all elements in the fourth column by zeros
: You cannot invert the Bx matrix, so you should replace all elements in the fourth column by zeros, and replace all elements in the fourth row by zeros.
|
Expected rate of return for this investment
: If you are investing $500,000 today in a company that is promising to pay $1,000,000 at the end of 20 years, what is your expected rate of return for this investment?
|