What is operations management, Operation Management

Assignment Help:

Q: What is operations management? 

A: Operations management is the planning, organising and control of systems which produce goods and services. It is one of the most important managerial functions although some managers may not refer to themselves as operations managers. For instance a hotel manager may will not refer to himself/herself as an operations manager. Hospital administrators do not consider themselves as operations managers. However, from the descriptions contained in this section their activities are those of operations management. Operations is therefore all about using resources and providing value. Value in the form of products and services.


Related Discussions:- What is operations management

Explain ethnocentric, Select an MNE with which you are familiar and determi...

Select an MNE with which you are familiar and determine which staffing approach (ethnocentric, polycentric, geocentric, or regiocentric) would be most beneficial to that enterprise

Expensive car you can afford if you finance it for months, You have saved $...

You have saved $5000 for a down payment on a new car. The largest monthly payment you can afford is $350. The loan would have a 10% APR based on the end of month payments. What is

Define the temporal flexibility workforce, Define the temporal flexibility ...

Define the temporal flexibility workforce. Temporal flexibility can be accomplished by varying the hours worked through employees within response to changes into demand for

Porter''s value system shows the organisation, Porter's value system shows ...

Porter's value system shows the organisation in terms of      The value chains of suppliers, channels and the customer.

Explain which forceasting method do you prefer, Consider monthly demand for...

Consider monthly demand for the ABC Corporation as shown in Table 7-3. Forecast the monthly demand for year 6 using moving average, simple exponential smoothing, Holt's model, and

Describe what is customer relationship management, What is Customer Relatio...

What is Customer Relationship Management? Describe the four-step framework for one-to-one marketing that can be adapted to CUSTOMER RELATIONSHIP MANAGEMENT marketing?

Case studies, Bloomsday Outfitters produces T-shirts for road races. They n...

Bloomsday Outfitters produces T-shirts for road races. They need to acquire some new stamping machines to produce 30,000 good T-shirts per month. Their plant operates 200 hours per

Explain flexible manufacturing system, Meile Machine Shop, Inc., has a 1-ye...

Meile Machine Shop, Inc., has a 1-year contract for the production of 225,000 gear housings for a new off-road vehicle. Owner Larry Meile hopes the contract will be extended and th

Explain dual chains of command can create more problems, Some people argue ...

Some people argue that the matrix structure should be adopted only as a last resort because the dual chains of command can create more problems than they solve. Discuss. Do you agr

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