Historical development of operations management, Operation Management

Assignment Help:

Historical Development of Operations Management

Evidence of formal management of operations can be traced back as far as the Babylonian kingdom of Hammurabi, around 2100 BC but few attempts to set down principles were made until the onset of the industrial revolution in Britain, in the middle of the 18th century.

The division of labour

In 1776 the Scottish philosopher and economist Adam Smith wrote one of the most influential books on economic activities, An Inquiry into the Nature and Causes of the Wealth of Nations. Using the manufacture of pins as illustration, he demonstrated that, whereas a single operator carrying out all of the necessary processing operations could produce around twenty pins per day, a small group of operators, each member specialising in a particular operation, could produce 48,000 pins per day. This division of labour was shown to have three distinctive features which contributed to the spectacular increase in productivity demonstrated:

1. By repetition of a restricted range of actions each operator developed a high level of dexterity

2. No time was lost in changing procedures and equipment, which would otherwise be required in moving from one operation to another

3. Operations of limited scope, repeated very many times, created the circumstances which allowed mechanisation to become economically viable, leading to even greater levels of productivity.


Related Discussions:- Historical development of operations management

Transaction Processing Systems, Discuss the organization structure and oper...

Discuss the organization structure and operation of a university. identify the different types of Transaction Processing System that can be defined for the university specify the d

Explain what are the tradeoffs between profitability, What are the tradeoff...

What are the tradeoffs between profitability, risk, and control that should be considered when choosing between debt and equity?

Explain firewalls and encryption, 1. Since the creation of DHS, the Postal ...

1. Since the creation of DHS, the Postal Service is no longer in the business of fighting computer-generated crimes such as child pornography. True or False 2. During the first era

Forecasting, managerial decision modeling with spreadsheets 2nd Canadian ed...

managerial decision modeling with spreadsheets 2nd Canadian edition end of chapter 12 solution

Determine the price to maximize profit, The Hickory Cabinet and Furniture C...

The Hickory Cabinet and Furniture Company has decided to concentrate on the production of chairs. The fixed cost per month of making chairs is $7,500, and the variable cost per cha

Explain the various types of time-series, Describe the various types of tim...

Describe the various types of time-series and associative forecasting models. Which types of organizations are each of these most applicable to, and why?

Define the reasons pandora would create a disaster recovery, Describe the r...

Describe the reasons Pandora would create a disaster recovery plan and a business continuity plan

Explain industrial products and consumer products, Compare and contrast ind...

Compare and contrast industrial products and consumer products

Describe why high-performance value-added salespeople, 1 What future is the...

1 What future is there in selling for women? 2 Explain why high-performance value-added salespeople earn much more than high-performance transactional salespeople. 3 List and

Explain multifactor productivity fallen, A cleaning company uses $10 of che...

A cleaning company uses $10 of chemicals, $40 of labour, and $5 of misc. expenses for each house it cleans. After some quality complaints, the company had decided to increase its u

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