Guide the development of indicators is smart

Assignment Help Operation Management
Reference no: EM131715399

A common acronym that is used to help guide the development of indicators is SMART. That is, well-formed indicators that can be used to identify bottlenecks and other quality issues and to drive decision making should, whenever possible, be:

Specific

Measurable

Actionable

Relevant

Time-bound

Please expain each of these terms individually, and most important explain why you think they are important.

Include examples. Use complete, coherent sentences when answering this question.

Reference no: EM131715399

Questions Cloud

When a human egg is produced by meiosis : Based solely on random assortment, how many possible different genetic combinations exist:
Determine the amount debited to land : The costs assigned to the land, which is used as a plant site, Determine the amount debited to Land, Land Improvements, and Building
Describe the goals of contemporary criminal sentencing : Describe the five goals of contemporary criminal sentencing. Which of these goals do you think ought to be the primary goal of sentencing?
Nerve conduction velocity : Explain the reasons for differences in nerve conduction velocity.
Guide the development of indicators is smart : A common acronym that is used to help guide the development of indicators is SMART.
Statement below best analyzes the trends in the schedule : Assuming the following valuation schedule for DEF Company, which statement below best analyzes the trends in the schedule
Why are your respiratory and cardiovascular systems : Why are your respiratory and cardiovascular systems moving oxygen and carbon dioxide in and out of your tissues in the first place?
Explain the egocentrism or sociocentrism : Explain the egocentrism or sociocentrism, as well as any pathological tendencies of mind, involved in your thought process.
What is the role of interrogation in intelligence gathering : What is the role of interrogation in intelligence gathering? List each of the Miranda warnings. Which recent U.S. Supreme Court cases have affected Miranda.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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