Already have an account? Get multiple benefits of using own account!
Login in your account..!
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Sub optimisation - Operations Function
Another important issue raised by the systems approach is that of sub-optimisation. This is of considerable significance for managers, as it refers to situations where a sub-system is configured such that its performance appears to be optimal, yet the performance of the larger system is prejudiced. A hypothetical example might be a firm comprising several divisions (sub-systems), one of which is responsible for the assembly of final products.
The management of this division decides to reduce operating costs by cutting the stock levels of component parts, and placing replenishment orders for smaller quantities, and more frequently than previously. If this division is supplied by other manufacturing divisions of the firm, they may be obliged to produce in uneconomically small batches: the resulting increases in set-up costs of the supplying divisions may turn out to be greater than the stock-holding savings made by the assembly division. What appears to be optimal for a sub-system (the assembly division in this case) may not be not be optimal for the higher level system (the firm).
Which of the following is a characteristic of the growth stage of the product life cycle? Advertising emphasis switches to selective demand. There is a growing proportion of
Q All of the following are responsibilities of operations managers except Question options: 1) acquiring financial resources 2) managing inventories 3) planning production 4) sched
1) Why is succession planning important? How do large businesses do it and how to small business handle it? 2) Discuss the benefits incubators bring to the small business commun
A location analysis for Temponi Controls, a small manufacturer of parts for high-technology cable systems, has been narrowed down to four locations. Temponi will need to train asse
The growth rates of newly industrialized countries are burgeoning between 5 and 11% That is a little over two times the growth rates of developed countries. Why do you think tha
Lysosomes Lysosomes were first discovered by Christian de Duve. Unlike other organelles which were detected by microscbpe, these were first discovered biochemically. Later, ele
1. Explain What is change management? 2. Explain What is the ultimate goal of change management?
If you were marketing a lower cost ($20-$50) product in a highly competitive field, which of the four Ps would you prefer to have an advantage over your competitors, and why?
Can you think of organizations that use a differentiation and low-cost strategies? 2. Specifically, what conceptual steps would you take to get from a differentiation or low-cost s
Which type of research design - exploratory, descriptive, or casual - is appropriate for the following examples? Explain why? Cosmopolitan magazine sends out a cover in selected ma
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