a)
To determine: The way through which the view of operations can be applied for the acquisition of another company.
Introduction:
Operations management helps to determine the tools and information for best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
b)
To determine: The way through which the view of operations can be applied for concluding the books at the completion of a year.
Introduction:
Operations management helps to determine the tools and information for best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
c)
To determine: The way through which the view of operations can be applied for marketing research for a new product.
Introduction:
Operations management helps to determine the tools and information for best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
d)
To determine: The way through which the view of operations can be applied for the design of an information system.
Introduction:
Operations management helps to determine the tools and information for best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
e)
To determine: The way through which the view of operations can be applied for hiring a new employee.
Introduction:
Operations management helps to determine the tools and information for best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
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OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
- The basic objective of every business is to provide value to its a. stakeholders b. competitors. a. process c. delivery The supply chain of a manufacturing company is a crucial value chain involved in all of the following EXCEPT: a. receiving and warehousing b. accounting and finance c. advertising and sales d. interacting with customers Fifth, the belief that businesses may improve their procedures and the worth of their wares. a. process redesign b. reengineering c. revolutionary shift d. Continuous improvement is a kind of incremental innovation that always looks for new methods to better the product or service being offered.arrow_forwardMatch the followinng three types of business processes to their appropriate description: 1. Supporting: A) Focuses on external processes B) Focused on proppping up the planning and doing parts of the business C) focused on core proccesses that make the business scalable and efficient D) Focused on planning and projecting future company operations E) Focused on balancing core competencies of multiple departments 2. Management A) Focuses on external processes B) Focused on proppping up the planning and doing parts of the business C) focused on core proccesses that make the business scalable and efficient D) Focused on planning and projecting future company operations E) Focused on balancing core competencies of multiple departments Operational A) Focuses on external processes B) Focused on proppping up the planning and doing parts of the business C) focused on core proccesses that make the business scalable and efficient D) Focused on planning and projecting future company operations E)…arrow_forwardWhich of the following is not a role of operations management? - to add value in the transformation process - to ensure there are quality management processes - to investigate the most cost effect effective production methods - to hire the best (most suitable) production operatives.arrow_forward
- Environmental Considerations in Production and Operations Management a. How do Production and Service Operations Disturb the Environment. b. Making the Processes “Green”. c. Operation and Environmental Issues have Several Similarities. d. Life Cycle Considerations. e. Organizational Response to Environmental Sustainability. f. Eco-Efficiency. g. Need for a New Production or Economic Systemarrow_forwardA. What is the average invention turnover for the firm? B if you were given the assignment to increase inventory turnover, what would you focus on? Reduce inventory or sale or both Increase inventory or sale or both Reduce inventory or sale or both C. The company reported that it used $500m worth of raw material during the yeR. On average, how many weeks of supply of raw material are on hand at the factory?arrow_forwardIndicate whether the item below is used as key performance indicators for the areas of (A) Financial, (B) Customer, (C) Internal Process, or (D) Learning and Growth performance. Choose the one best choice. Average time from when clients enter and leave the bank (A) Financial(B) Customer(C) Internal Process(D) Learning and Growth performance.arrow_forward
- a. Design Processi. Explain why the service design process is more difficult than the product design b. Process Strategyi. Explain the difference between assembling a car and assembling an electronic equipment according to process strategy? c. Operations Strategyi. Explain the understanding of the theory of Comparative Advantage which was initiated by David Ricardo ii. Briefly describe the application of this theory to operations management and give an example. d. Operations and Productivityi. Explain why management is an important determinant of productivity?ii. Explain why the knowledge society is very important in productivity in acompanyarrow_forwardDiscuss each of the following objectives listed and the relationship each has with job shop performance.a. Reduce WIP inventory.b. Provide a high level of customer service.c. Reduce worker idle time.d. Improve factory efficiency.arrow_forwardAs a head of the department of a manufacturing organization and you are expected to lead the monthly production meeting. Explain how you are plan the meeting.arrow_forward
- In a form of phrase, give 7 Training and Development Policies on a Construction Firm in each: a.) Employees b.) OJT students/trainees In a form of phrase, give 7 necessary skills or importance that will be acquired by the employees on a Construction Firm from these various trainings: a.) Induction Training b.) Health and Safety Training c.) Corporate and Departmental Trainingarrow_forwarda. Choose a company you are familiar with and do a resource gap analysis of the current product / service performance of the company b.Suggest ways of allocating resources to meet the short term and long term demands of that company in other to meet goals, objectives and targets.arrow_forwardwhat will happen to the performance metrics if we are able to substantially increase the volume of offerings by some newer methods> -we will be able to charge a better premium in the market for our product/services -The deliver cost of our product will come down, increasing our propensityto be profitable in operations -we will discover more defects in the operations -we will miss our delivery commitments more often than beforearrow_forward
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