Evaluate key elements of the production or service

Assignment Help Operation Management
Reference no: EM13720811

Assignment 1: Vice President of Operations, Part 1

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.

As you collect the information for Assignment 1 and Assignment 2, remember that in Assignment 3 you must prepare a presentation for your Chief Executive Officer.

Write a three to five (3-5) page paper in which you-

  • Evaluate key elements of the selected production or service organization's operational efficiency with its operational strategy. Determine three (3) tasks that do not align with the operational strategy. Determine the weaknesses that are evident in each task.
  • Formulate a new operations strategy for the selected organization based on the four (4) competitive priorities (i.e., cost, quality, time, and flexibility).
  • Analyze both the structure of the competitive priorities and infrastructure of the production process. Develop three (3) new enablers that are aligned with the long-term plan of the selected organization. Evaluate three (3) pros and three (3) cons of the new enablers.
  • Use at least three (3) 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.

 

Reference no: EM13720811

Previous Q& A

  Why is leadership such a major issue

Why is ‘leadership' such a major issue in modern workplaces and what factors are contributing to the challenges of ‘leadership'?

  Calculating the future value of a series of amounts

Calculating the Future Value of a Series of Amounts. Elaine Romberg prepares her own income tax return each year. A tax preparer would charge her $80 for this service. Over a period of 10 years, how much does Elaine gain from preparing her own tax re..

  Computing future living expenses

Computing Future Living Expenses. A family spends 48,000 a year for living expenses. If price increase by 2 percent a year for the next three years, what amount will the family need for their living expenses after three years?

  Value of land in an area is increasing

Using the rule of 72. A) if the value of land in an area is increasing 6 percent a year, how long will it take for property values to double? B) If you earn 10 percent on investments, how long will it take for your money to double?

  What was the holding period return for the stock

A stock has had returns of -18.35 percent, 14.72 percent, 28.47 percent, 6.48 percent, and 16.81 percent over the past five years, respectively. What was the holding period return for the stock?

  How liquidity risk interacts with other major risks

how liquidity risk interacts with other major risks faced by a financial institution You need to make reference to at least three articles from professional media.

  Calculating the future value of property

Calculating the Future Value of Property. Ben Collins plans to buy a house for $220,000. If the real estate is expected to increase in value by 3 percent, what will its approximate value be 7 years from now?

  Suppose a stock had an initial price

Suppose a stock had an initial price of $73 per share, paid a dividend of $1.20 per share during the year, and had an ending share price of $82. Compute the percentage.

  Templeton extended care facilities

Templeton Extended Care Facilities, Inc. is considering the acquisition of a chain of cemeteries for $400 million. Since the primary asset of this business is real estate, Templeton's management has determined that they will be able to borrow the maj..

  What would the argument predict going forward

Professor Jeremy Siegel of Wharton argued in 1998 that the stock market was not irrationally overvalued at the time, but rather merely that investors had (rationally) realized that the stock market is not particularly risky, so that required returns ..

Reviews

Write a Review

 

Similar Q& A

  Why is it important for managers to understand

Why is it important for managers to understand the external environment components?Why or why not?

  How would you respond to coca colas change in sales policy

How would you respond to Coca Cola's change in sales policy? How would you ensure Pepsi's board that this response will allow you to remain competitive and profitable?

  What would be the amount of the additional expense

What would be the amount of the additional expense on equipment that would make productivity?

  Determine one of the six driving forces

Determine one (1) of the six (6) driving forces that lead executives to recognize the need for project management. Support your response with one (1) real-world example of the contribution of the driving force that you have chosen to overall proje..

  Describe the potential costs and failures of quality for

memorial hospital is a privately owned 600-bed facility. the hospital provides a broad range of health care services

  How sloan handled the downstream supply chain

How Sloan handled the downstream supply chain and how he viewed GM's relationship with customers?

  Identify four potential unethical actions

Identify four potential unethical actions or inactions related to capacity planning, and the ethical principle each violates.

  What are three risks of not including best hr practices

What are three risks of not including best HR practices into the management of a project?

  What is your biggest writing challenge

Explain your personal writing process. What has worked for you in your effort to produce quality documents? What is your biggest writing challenge?

  What is the relationship between responsibility, authority

When delegating work, what is the relationship between responsibility, authority, and accountability?

  Addresses the significance of quality management and

details choose an organization delivering goods andor services globally. provide a background of the organization and

  Create a reward and recognition plan

Your review should be in terms as you would present to the Senior Leadership Team and your goal is to have your plan approved.

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