Examine the quality management approaches

Assignment Help Operation Management

Reference no: EM133122515

BM 5151 Operations Management - HD in Business Management

Task

1 Describe the performance objectives which the organization focuses on out of cost; dependability; flexibility; quality and speed. Evaluate the link between operations management and business strategy.

2 Describe any three of below processes in the organization. Identify the strengths and weaknesses of the current practices and derive recommendations.

3 Examine the quality management approaches used in the organization. Identify the strengths and weaknesses of the current practices and derive recommendations.

4 Select any known process of the organization and present that by using process mapping symbols (Hint: select any process which is with less than 20 activities). Evaluate the existing process and reengineer the process.

5.a Develop the network diagram and identify the critical path of the project. Determine the project duration by which the business can be expected to begin operations
5.b Explain the usage of the critical path method to the selected organization.
6.a Determine when orders should be released for A, B, C, and D and the size of those orders.
6.b Discuss the advantages of a MRP system to the selected organization.

7 The findings should be presented in a report not exceeding 4500 words.

PORTFOLIO

Role of Operations Management

Learning outcome 1: Evaluate the strategic role of operations management in sustaining firm's competitive advantages.
Learning outcome 2: Illustrate planning, organizing and controlling functions of the conversion system.
Learning outcome 3: Examine the quality management approaches used in delivering products and services.
Learning outcome 4: Apply analytical skills and problem-solving tools to an operational problem.

Scenario and the Task

Operations Management (OM) is a business function responsible for planning, coordinating and controlling the resources needed to produce a company's goods or services. OM is a highly important function in today's dynamic business environment. The role of operations strategy is to make sure that all the tasks performed by the operations function are the right tasks.

Select any service or manufacturing organization of your choice and prepare a report on the below mentioned tasks.

Describe the performance objectives which the organization focuses on out of cost; dependability; flexibility; quality and speed. Evaluate the link between operations management and business strategy.

Describe any three of below processes in the organization. Identify the strengths and weaknesses of the current practices and derive recommendations.
Product design
Process selection
Capacity planning
Inventory planning

Examine the quality management approaches used in the organization. Identify the strengths and weaknesses of the current practices and derive recommendations.

Select any known process of the organization and present that by using process mapping symbols (Hint: select any process which is with less than 20 activities). Evaluate the existing process and reengineer the process.

Assume that the management of the selected organization has decided to establish a new division. The operations manager of the head office has been laid out the activities, which have to be carried out before the establishment of the new division. Following table shows the activities which have to be finished before starting the new business.

Using the above information
Develop the network diagram and identify the critical path of the project. Determine the project duration by which the business can be expected to begin operations

Explain the usage of the critical path method to the selected organization.

Assume the company produces two products, A and B that are made from components C and D. Given the following product structures, master scheduling requirements, and inventory information.

Determine when orders should be released for A, B, C, and D and the size of those orders.

Discuss the advantages of a MRP system to the selected organization.

Attachment:- portfolio.rar

Reference no: EM133122515

Questions Cloud

Firms experience evolutionary cycles i : Why do some firms experience evolutionary cycles in which there is a fit between strategy and structure, punctuated with periods in which strategy

One-year continuously compounded zero rate : The six-month zero rate is 6% per annum with semiannual compounding. The price of a one-year bond that provides a coupon of 4% per annum semiannually is 96.

Buy american act to small businesses : Specify what you feel are the main advantages of the Buy American Act to small businesses. Then specify what you feel are the disadvantages of the Buy American

Running naive bayes for classi?cation : Check the misclassi?cation rate and the confusion matrix. You may also look at the lift curve. Are you happy with these results? If not, why?

Examine the quality management approaches : Describe the performance objectives which the organization focuses on out of cost; dependability; flexibility; quality and speed

Should you accept the project if the cost of capital : If you input a guess of 5%, the output IRR is --------% If you input a guess of 20%, the output IRR is --------% Should you accept the project if the cost of

Company most important capabilities : What are the company's most important resources and why? What are the company's most important capabilities and why?

Why is the wacc referred to as the hurdle rate : (1) A firm's weighted average cost of capital (WACC) is sometimes referred to as the hurdle rate. What is the purpose of calculating the firm's WACC?

Present value of a nominal cash flow : 1. If you obtain a cost-saving technology for $25,631, you will save $946 in year 1, and the saving will grow at a 4% constant rate forever. The IRR of this inv

User Account

All Pages