A company produces bicycles with various raw material components. Each component has a number of uses/year and price/component. The component list can be found in Table 1. a) Determine the ABC category for each of these components. b) What kind of treatment is appropriate for each category?

1. Describe the main daily tasks for an Operations Manager.

3. Explain the link between operations management and strategic management.

Expand the distinction between operations management in small business and non government organisations (NGOs)

The following data relate to the operations of Shilow Company, a wholesale distributor of consumer goods: Current assets as of March 31: Cash Accounts receivable Inventory Building and equipment, net Accounts payable Common stock Retained earnings a. The gross margin is 25% of sales. b. Actual and budgeted sales data: March (actual) April May June July $ 8,400 $ 23,600 $ 45,000 $ 123,600 $ 26,925 $ 150,000 $ 59,000 $ 75,000 $ 80,000 $ 105,000 $ 56,000 $ 23,675 c. Sales are 60% for cash and 40% on credit. Credit sales are collected in the month following sale. The accounts receivable at March 31 are a result of March credit sales. d. Each month's ending inventory should equal 80% of the following month's budgeted cost of goods sold. e. One-half of a month's inventory purchases is paid for in the month of purchase; the other half is paid for in the following month. The accounts payable at March 31 are the result of March purchases of inventory. f. Monthly expenses are as follows:…

Describe what are the key aspects of operation management decisions making?

Operations Management •(a) Elaborate upon two of the four important obligations of board of directors. •(b) How would you go about determining whether the Board of Directors of The Procter & Gamble Co. is an independent one?

What distinguishes the role of an operations manager from that of a marketing or finance manager? What are the similarities and differences between these two functions?

Describe the process of developing an operations plan.

Describe operations management in smaller enterprises and businesses ?