OPERATIONS MANAGEMENT W/ CNCT+
12th Edition
ISBN: 9781259574931
Author: Stevenson
Publisher: MCG CUSTOM
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Chapter 1, Problem 1CTE
Summary Introduction
To determine: The implication of difference between production of goods and delivering service relative to managing operations.
Operations management: It deals with the business administration process that forms the highest level of efficiency within a company. Operations management is related to the conversion of labor and materials into products and services in an effective manner in order to generate or maximize profit in a company.
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Many organizations offer a combination of goods and services to their customers. As you learned in Chapter 1, there are some key differences between the production of goods and delivery of services.What are the implications of these differences relative to managing operations?
To better understand the operations manager position, you need to experience it and make the types of decisions an operations manager would make. For your Unit 3 project, your challenge was to develop your own idea for a business. For your Unit 5 Project, your challenge is to use the information from your Unit 3 Project to develop a SWOT analysis on each major section of your hypothetical organisations operations and logistics; especially focusing on its ability to respond to disruptions. Based on these disruptions and your SWOT analysis, you must present recommendations for proactively sustaining your organisations competitive advantage. To prepare for this assignment: Reflect on your hypothetical organisations ability to respond to your researched disruptions. Identify methods for establishing traceability/visibility throughout the supply chain network of your hypothetical organisation. Reflect on ways to maintain a competitive advantage. To complete this assignment: Conduct a SWOT…
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Chapter 1 Solutions
OPERATIONS MANAGEMENT W/ CNCT+
Ch. 1.6 - Prob. 1RQCh. 1.6 - Prob. 2RQCh. 1.6 - Prob. 3RQCh. 1.9 - There is a huge demand in the United States and...Ch. 1.10 - Prob. 1OTQCh. 1.10 - Prob. 2OTQCh. 1.10 - Prob. 3OTQCh. 1 - Prob. 1DRQCh. 1 - Prob. 2DRQCh. 1 - Prob. 3DRQ
Ch. 1 - List five important differences between goods...Ch. 1 - Briefly discuss each of these terms related to the...Ch. 1 - Prob. 6DRQCh. 1 - Prob. 7DRQCh. 1 - Why is the degree of customization an important...Ch. 1 - List the trade-offs you would consider for each of...Ch. 1 - Prob. 10DRQCh. 1 - Why might some workers prefer not to work in a...Ch. 1 - Prob. 12DRQCh. 1 - Prob. 13DRQCh. 1 - Prob. 14DRQCh. 1 - Prob. 15DRQCh. 1 - Prob. 16DRQCh. 1 - Prob. 17DRQCh. 1 - What are trade-offs? Why it careful consideration...Ch. 1 - Prob. 2TSCh. 1 - Prob. 3TSCh. 1 - Prob. 1CTECh. 1 - Prob. 2CTECh. 1 - Prob. 3CTECh. 1 - Prob. 4CTECh. 1 - Prob. 1CQCh. 1 - Prob. 2CQCh. 1 - What are some of the trade-offs that Hazel...Ch. 1 - The town is considering an ordinance that would...Ch. 1 - Prob. 5CQCh. 1 - Prob. 6CQCh. 1 - Prob. 7CQ
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- How can an organization optimize the integration and coordination of its value chain elements to enhance overall operational efficiency and customer value?arrow_forwardOverview The purpose of this discussion exercise is to provide you with a forum to discuss your newly discovered production and operations management concepts considering current issues and real business situations. This is a practice ground for ensuring that your reasoning and foundation of these concepts are secure. This portion of the course requires you to interact with your fellow classmates and critique their submissions. Note that all these topics refer to the Operations function of a business, to manufacture a product or create a service. We all know that these topics may be used in other business functions, such as in marketing or finance, but for the discussions in this course, please focus on Operations examples and articles. Refer to this sample format for an article analysis Title of the Analysis /concept being applied ☐ Start with a definition of the concept from the text book and how it applies to the news article. Be sure to include a description of how operation…arrow_forwardHow important do you think it is to handle the problems that arise between management and workers in the operations section of the business plan that you are now creating for your firm?arrow_forward
- What kinds of applications are described here? What business functions do they support? How do they improve operational efficiency and decision making?arrow_forwardAnalyze the similarities and differences between business functions and business processes from the point of view of information technology.arrow_forwardThe management, transformation and improvement of operations in the digital economy. The efforts made by organizations to develop technical and digital capability that enables greater capacity and operations improvement. The significance of the internal and external system and the role of supply chain management in bringing about the operational improvements You need to demonstrate understanding of how organizations effectively manage the range of operational functions and e-business in an evolving business context, as well ability to reflect on operations theory within the traditional and digital perspective while making informed suggestions using theories and applied practices with the support of academic sources. (1500words)arrow_forward
- Managers use value chain analysis to examine the firm’s resources and capabilities in relation to the activities performed in the design, manufacture, and distribution of products. How might it be difficult for managers to assess the value chain with employees who are working remotely?arrow_forwardIdentify the major types of systems in a business. What is the relationship between these systems using example?arrow_forwardThe ability to effectively manage uncertainty and risk is an essential part of operations management. Using an organization of your choice, illustrate and then evaluate in a global context how risk can be managed for your chosen organizationarrow_forward
- Discuss how business process re-engineering could assist a company in reorganizing its information technology strategy.arrow_forwardGive examples of common problems encountered during a business operation and provide its solutions. Explain each.arrow_forwardThere are nine essential components of an e-commerce process architecture, which serves as the basis for many businesses' e-commerce efforts today. Make a list of at least five of these procedures and go into depth about each one.arrow_forward
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