General model of the operations function, Operation Management

Assignment Help:

General Model of the Operations Function

This figure illustrates the basic concept of the operations function. Firstly inputs are transformed (converted) to outputs with the measurement of performance against a given quality standard. The quality standard has been predetermined by the determination of an operational strategy and suitable performance indicators (often referred to as key performance indicators or KPIs for short). The process is continuous with built-in pressure to meet performance targets and improve the design and performance or the 'system' with efficient usage of resources consumed. 

372_General Model of the Operations Function.png

You can see that operations management is a practical subject which deals with the implementation of strategy. Operations is central to most organisations as it ultimately must produce the goods or services which justify the existence of the organisation.

All operations produce either goods or services and very often both at the same time. Transformation is a ‘catch all’ word meaning change. The following table illustrates the nature of transformations. For instance, a university ‘transforms’ students into graduates. McDonald’s changes the basic ingredients of a burger, meat, bread, onions, mayonnaise, into (some say) a delicious snack.


Related Discussions:- General model of the operations function

Explain a relationship between the two variables, Boston Electric Generator...

Boston Electric Generators has been getting many complaints from its major customer, Home Station, about the quality of its shipments of home generators. Daniel Shimshak, the plant

Explain what makes one campaign better than the other, Suppose that a small...

Suppose that a small publisher selling to book distributors has fixed operating costs of $600,000 each year and variable costs of $3.00 per book. How many books must the firm sell

Explain companys competitive advantage, Which is most important for a compa...

Which is most important for a companys competitive advantage: internal consistency or market competitiveness?

#, what do you understand by "line balancing"? what happens if balance dose...

what do you understand by "line balancing"? what happens if balance dosen''t exist?

Explain the problems associated with performance measurement, Question 1: ...

Question 1: The objective of Government organizations is not for profit. Explain the problems associated with performance measurement in not for profit organisations and ho

Explain the major segmentation variables, Enumerate the major segmentation ...

Enumerate the major segmentation variables and provide real-life examples of segmentation done by firms for their products/services.

Explain the company is expected to maintain growth rate, The Lo Tech Co. ju...

The Lo Tech Co. just issued a dividend of $2.30 per share on its common stock. The company is expected to maintain a constant 7 percent growth rate in its dividends indefinitely.

Explain how is ace products organized, Steffi Graf has assumed leadership o...

Steffi Graf has assumed leadership of Ace Products after many years of loyal service. Ace Products is an international manufacturer of copiers, printers, and fax machines. Historic

Explain smoothing constan, Systembolaget uses forecasting to predict the nu...

Systembolaget uses forecasting to predict the number of bottles they think they will sell the next day. Below are the number of bottles sold each day during the five-day work week

Write Your Message!

Captcha
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