Describe the peculiarity of location selection, Operation Management

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Question 1:

How is Break-even Analysis significant to investment, as well as, operational decisions

  • Assumptions
  • Importance of Break-even Analysis for operational decisions
  • Importance of Break-even Analysis for investment decisions
  • Conclusion

Question 2:

a List the factors that influence Operations Costs.

  • Quality
  • Features of the Product
  • Quantity of Production
  • Productivity

Question 3:

Describe the peculiarity of location selection in case of service operations

  • Considerations for service providers
  • How competitors' locations affect location selection
  • Comparative picture of selection criteria between manufacturing/ distribution businesses and retail/service businesses

 


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