Strategic and global operations management challenges

Assignment Help Operation Management
Reference no: EM132874429

Activity Objective

The objective of this discussion is to aid you in mastering the following course competencies:

Develop innovative and sustainable solutions to strategic and global operations management challenges.

Apply theories, models, and practices of global operations management to address business problems.

More specifically, you will:

Develop approaches to operations management to respond appropriately to strategic business needs.

Formulate solutions to inventory management problems.

Activity Instruction

For this discussion, refer to Chapter 13 of your Operations Management: Creating Value Along the Supply Chain textbook, and review the case study Scientific Glass, Inc.: Inventory Management (2011) by Wheelwright and Schmidt. Respond to the following questions:

Identify the two basic decisions addressed by inventory management and discuss why the responses to these decisions differ for continuous and periodic inventory systems.

What were the problems facing Scientific Glass, Inc. in January 2010?

How much external funding would have to been raised in 2010 in order to finance operations?

How do Scientific Glass, Inc.'s problems illustrate the relationship between the number of warehouses and inventory levels?

What alternatives are available for dealing with the inventory problems? How would you evaluate the alternatives?

What actions should Eva Beane have proposed to Eric Gregory and Melissa Hayes?

Reference no: EM132874429

Questions Cloud

Communication plan : What stakeholders require communication? What will be communicated to them? Who will send the communication?
Affirmative action strategy for fair employment : 1. Compare BARS and Written Essay by listing pros and Cons and then decide on which is a better Performance Appraisal tool based on the above analysis.
Advantages and disadvantages of technological change : -Considering the forces in the global environment, what might some of the implications of demographic forces be for the industry you work in?
What are the steps would take to advocate for patient : What are the steps you would take to advocate for your patient while she is still in the acute care setting? Who are some of the other health care professionals
Strategic and global operations management challenges : Develop innovative and sustainable solutions to strategic and global operations management challenges.
What is the default risk premium on the corporate bond : A 10-year corporate bond has a yield of 9.00%. Assume that the liquidity premium on the corporate bond is 0.30%. What is the default risk premium
How would mobilize transcription group to address : Should you do some research aimed at identifying the more troublesome employees and address their quality problems at the August meeting? Explain.
Evaluate data collection tools and techniques : Evaluate data collection tools and techniques. Analyze the real or anticipated data to be collected.
Human resource management functions : Which of the human resource management functions is the most important function to an organization's overall success? Explain your reasoning.

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