What is operations management

Assignment Help Operation Management
Reference no: EM131138072

What is operations management? Why is it important? Is a good knowledge of operations management more important in service or manufacturing industries? Explain your answer.

Reference no: EM131138072

Questions Cloud

Action designed to achieve coordination in supply chain : Which is NOT an action designed to achieve coordination in a supply chain ?
Defrauded cardholders : A credit card company has cheated one million cardholders out of 50 cents each. Marlene, one of the defrauded cardholders, wants to sue the credit card company but cannot find an attorney who is willing to do this. Marlene should:
What flexibility strategy should be used to mitigate risk : What Flexibility strategy should be used to mitigate risk?
House produce the beans itself or orders from the supplier : A specialty coffeehouse sells Columbian coffee at a fairly steady rate of 400 pounds annually. The beans are purchased from a local supplier for $2.40 per pound. The unit production cost is $2.2 per pound. The fixed cost per production run is $500. T..
What is operations management : What is operations management? Why is it important? Is a good knowledge of operations management more important in service or manufacturing industries? Explain your answer.
What are some major reasons for new product failure : What are some major reasons for new product failure? Can you name a    product(s) that you/your family may have used that is/are no longer on the market? Explain. What is a brand that you use regularly and why.
How many physical security issues : Take some time this week to watch a news broadcast and see how many physical security issues you can identify. Identify the level of protection being used, brainstorm about the types of controls that were, or should have been implemented, and discuss..
Which is time between when two successive orders are placed : A specialty coffeehouse sells Columbian coffee at a fairly steady rate of 400 pounds annually. The beans are purchased from a local supplier for $2.40 per pound. The quantity ordered is delivered in one shipment and immediately after the order has be..
What is the responsibility of democratic countries : What is the responsibility of democratic countries like the United States to push for reform in totalitarian states? Should countries use trade policy as a mechanism for change?

Reviews

Write a Review

Operation Management Questions & Answers

  What are the advantages to the movie producer

Describe and define crowdfunding (sometimes shown as crowd funding). But sure to include the different approaches to crowdfunding, including equity funding. What are the advantages to the movie producer?

  Highest ratio of market value to book value

Which of the following firms would you expect to have the highest ratio of market value to book value?

  Differing worldviews of administrators-health care provider

What tensions do you think you might experience arising from the differing worldviews of administrators, health care providers, and patients?

  Assortment of oxygen and acetylene cylinders

A welder has constructed a manifold arrangement for an assortment of oxygen and acetylene cylinders stored together lying on the floor. The manifold pressurizes the gaseous acetylene and depressurizes the oxygen to 50-psig for both.

  Compare in-transit inventory and the safety stock

The material enters North America from overseas supplier at the end of Link2. Daily demand is 400 units with no demand uncertainty. Treat each range as a measure of 6 sigma variation. Use a service level of 0.99 and estimate safety stock to be carrie..

  Several identical machines operating simultaneously

You want to build a factory. Your factory is composed of several identical machines operating simultaneously. Each machine breaks down exactly once every month in day at random. Unfortunately, as long as one machine breaks down, you Deed to shut down..

  What is difference between significance and meaningfulness

What is the difference between significance and meaningfulness? Which one is more important to experimental results and why do you think so?

  Find the optimal average backorder level

The Samuels Manufacturing Company sells a product with a demand of 7,000 units each year. The cost per order is $25, the holding cost is $1 per unit per year and the stock out/shortage/backorder cost is $4 per unit per year. What is the optimal quant..

  Is there a problem with this hiring practice explain why

Traci buys Y&R clothing also likes "look," so she applied for position that day also was hired. This same system is used to hire sales associates from all races also ethnic groups, men also women. Is there a problem with this hiring practice? Expl..

  Descriptions of the roles and responsibilities of a board

Descriptions of the roles and responsibilities of a board of directors, where their fiduciary responsibilities include taking direct action with projects that involve major capital expenditures.

  What is the critical path after the time reduction

A project manager is faced with the following activities and times associated with a building construction. Each activity can be crashed at most by 2 weeks. The cost associated with each week time reduction is given below. Which activities need to be..

  Examples of organizational control in an organization

Give three examples of organizational control in an organization. Within the same organization, give three examples of group and/or individual self-control that were present.

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