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OPERATIONS AND PRODUCTION MANAGEMENT Production and operation management (POM) is defined as the design operation, and enhancement of the transformation process which converts the various inputs into the desired output of products and services.
The term production and operations management is being increasingly replaced by simply operations management as the production function relating to the manufacturing organizations has become a part of operations. Operations management is a wide term that includes manufacturing and also service organizations. Operations management too highlights the increasing importance of the service industry in the overall business environment. There is a growing need for the application of the principles of operations management in the service industry.
what is operations system? explain the process of operations system?
Characteristics of Batch Production Short Runs: Batch production is characterized by short production runs and frequent changes in set ups. Investment : Needs high in
1. as the amount of on hand inventory increases, A. shortage cost increase and carrying costs increase B. Shortage cost decrease and carrying costs increase C. both shorta
Role of Production Planning and Control in Operation Management Operations are at the centre of the diagram in figure given below because they are the dynamic doing elements o
Discuss the advantages and disadvantages of each decision that Elaine has made
how to do a operational plan ???
You are in charge of a quarry that supplies sand and stone aggregates to your company's construction sites. Empty trucks from construction sites arrive at the quarry's huge piles o
Two law students, John and Marsha, are planning an all-nighter to prepare for their law boards the following day. Between them they have one set of materials in the following five
A company is considering a gear assembly that it now purchases from company B. Company B charge $4 per unit with a minimum order of 3000units. Company A estimates that it will cost
Brainstorming - Improving Productivity Brainstorming is a well-known ideas-generating technique aimed at producing new ideas before evaluation, which tends to shut down many
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