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Operations management is the management of the productive resources of the firm which includes raw materials, human resources, land, equipment and facilities in the manufacture of goods or the delivery of services. It entails the design and control of operations processes centred around activities and people in order to provide maximum value. Its origins are in manufacturing organisations and the rational school of management with figures such as F.W.Taylor and Henry Ford as its early pioneers. Operations focuses on all activities which engage the resources of an organisation. Today, the environment for most managers is dominated by competition. The customer has choice and the effectiveness of the operations function is rising in importance as a contributor of value addition and competitive differentiation.
A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached wh
Need information on this; did not receive my textbook as of yet European Explorations Debate the pros and cons of the early European explorations of the Americas. Should thes
Since its release in 2001, the iPod has become a music player phenomenon. In your opinion, how would the QFD approach have helped Apple in developing the iPod? What are the limi
How would you go about developing a risk matrix? Give an example of the kinds of factors that should be evaluated.
Determine how you might deploy resources
Electronic data interchange relies on Structured data and standard business documents.
Brainstorming - Improving Productivity Brainstorming is a well-known ideas-generating technique aimed at producing new ideas before evaluation, which tends to shut down many
It is important to assign a unique number to every component in the project Work Breakdown Structure.
1. Identify products which you would expect to be produced by each of the following configurations: project, job shop, and batch and continuous. Answer: Many possible answers:
I need to find the schedule and cost variances for a project Actual cost at month 16 = $540,000 Scheduled cost = $523,000 Earned value = $535,000 Provided this information,
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