General model of the operations function, Operation Management

Assignment Help:

General Model of the Operations Function

This figure illustrates the basic concept of the operations function. Firstly inputs are transformed (converted) to outputs with the measurement of performance against a given quality standard. The quality standard has been predetermined by the determination of an operational strategy and suitable performance indicators (often referred to as key performance indicators or KPIs for short). The process is continuous with built-in pressure to meet performance targets and improve the design and performance or the 'system' with efficient usage of resources consumed. 

372_General Model of the Operations Function.png

You can see that operations management is a practical subject which deals with the implementation of strategy. Operations is central to most organisations as it ultimately must produce the goods or services which justify the existence of the organisation.

All operations produce either goods or services and very often both at the same time. Transformation is a ‘catch all’ word meaning change. The following table illustrates the nature of transformations. For instance, a university ‘transforms’ students into graduates. McDonald’s changes the basic ingredients of a burger, meat, bread, onions, mayonnaise, into (some say) a delicious snack.


Related Discussions:- General model of the operations function

Explain marketing to customers and consumers, Discuss the value of marketin...

Discuss the value of marketing to the consumer, the stakeholder and stockholder. Address the following: a. the value you place on marketing b. the value of marketing to customers a

Organizational Structure & Design, How can we predict the effects of calcul...

How can we predict the effects of calculated and deliberate organizational change on informal networks and structures? How can we mitigate against unanticipated and unintended cons

Explain what is its current yield, Consider a $1,000 par value, 7% annual c...

Consider a $1,000 par value, 7% annual coupon bond. The bond matures in 9 years. Assuming the bonds required return is 10%, what is its current yield? (Semi-annually compounding)

Calculate the regression equation, The I-10 carpet outlet wants to develop ...

The I-10 carpet outlet wants to develop a means to forecast its sales. The store manager believes that the stores sales are directly related to the number of new housing starts in

Describe what is role of a cio in todays global business, 1. What is the ro...

1. What is the role of a CIO in today's global business environment? 2. Dr. Carr presents a good argument in the "IT doesn't matter" reading. Present your view of Carr's central

Which strategy is assisting in an organisation, Which strategy is assisting...

Which strategy is assisting in an organisation? Organisational flexibility will assist the organisation accomplish short lead times needed while meeting customer demands, assis

Line Balancing, What do you understand by line balancing? what happens if b...

What do you understand by line balancing? what happens if balance doesn''t exists?

Explain lean relates to an organization being agile, a. Do you think lean r...

a. Do you think lean relates to an organization being agile? b. Would implementing lean into an organization lead to a competitive advantage? if yes, explain, how and what types

Define effectiveness and identify three businesses, From the video the frui...

From the video the fruit guys, determine the Fruit Guys business strategy. Identify three other businesses that could use the five questions the Fruit Guys used to determine effect

Describe difference between a mission and vision statement, Explain the dif...

Explain the difference between a mission and vision statement. Discuss why mission statements are important in performance improvement and why a solid mission statement (describing

Write Your Message!

Captcha
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