Preview

Operations Management

Powerful Essays
Open Document
Open Document
7557 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Operations Management
[pic][pic]

Module: Operations management

Title: -Operations management and Ethics! -

Student: Katerina Zafirovska Lecture: Prof. D-r Aleksandra Shumar

Contents:

Introduction……………………………………………………………………..….3 1. Operations management…………………………………………..5 2. History of operations management……………………………….6 3. Ethics ……………………………………………………………15 4. Operations management and Ethics…………………………..…17

INTRODUCTION:
Operations management is an area of business concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient in terms of using as little resource as needed, and effective in terms of meeting customer requirements.[1] It is concerned with managing the process that converts inputs (in the forms of materials, labour and energy) into outputs (in the form of goods and services).Operations traditionally refers to the production of goods and services separately, although the distinction between these two main types of operations is increasingly difficult to make as manufacturers tend to merge product and service offerings. More generally, Operations Management aims to increase the content of value-added activities in any given process. Fundamentally, these value-adding creative activities should be aligned with market opportunity for optimal enterprise performance. According to the U.S. Department of Education, Operations Management is the field concerned with managing and directing the physical and/or technical functions of a firm or organization, particularly those relating to development, production, and manufacturing. Operations Management programs typically include]instruction in principles of general management, manufacturing and production systems, plant management,

You May Also Find These Documents Helpful

  • Good Essays

    Operations Managements

    • 2532 Words
    • 11 Pages

    Consider a firm with a daily demand of 100 units, a production rate per day of 500 units, a setup cost of $200, and an annual holding cost per unit of $10. Suppose that the firm operates 300 days per year. How many units of inventory must their storage area be able to hold?…

    • 2532 Words
    • 11 Pages
    Good Essays
  • Good Essays

    Operations Management

    • 692 Words
    • 3 Pages

    The operations management cares about the study of how products and services are created in an efficient way while meeting customer needs. The main focus lies in managing the process that convert raw material or human labor into goods and services. According to article written in the Journal of Supply Management by Sengupta, K; Heiser, D; Cook, stated:…

    • 692 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Operations Management

    • 3503 Words
    • 15 Pages

    How Paper is Made (1998). In Pulp and Fiber Products. Retrieved September 17, 2011, from…

    • 3503 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Operations Management

    • 1231 Words
    • 4 Pages

    There are many performance indicators for the success of a business. This include brand identity, reputation, innovation, leadership, productivity, process management, customer satisfaction, and quality to name a few.…

    • 1231 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Operation Management

    • 766 Words
    • 4 Pages

    What is the t otal a nnual o rder a nd i nventoryholding costs for the EOQ?…

    • 766 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Operation Management

    • 315 Words
    • 2 Pages

    a. The average number of SUVs parked = 50cars × (1 – 60%) = 20cars…

    • 315 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In order to define why Operations Management is needed in an organisation knowledge of operations management is required. Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It includes the responsibility of ensuring that business operations are efficient by using as few resources as needed, and effective in terms of meeting customer requirements. It is concerned with managing the process that converts inputs in the forms of materials, labour, and energy into outputs in the form of goods and/or services.…

    • 1607 Words
    • 7 Pages
    Good Essays
  • Better Essays

    Process Design

    • 1435 Words
    • 6 Pages

    Chase, F., Jacobs, F., and Aquilano, N., (2005, p. 630) reflect that MRP relates to dependent demand for a higher level item. Tires, wheels, and engines are dependent demand items based on the demand for automobiles; whereas demand for a product relates to independent demand, because the market conditions influence a specific type of product, rather…

    • 1435 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Operation Management

    • 1436 Words
    • 6 Pages

    1. What recommendations would you make to John Wolf with respect to structuring the supplier relationship process for the Wolf Motors dealership network?…

    • 1436 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Operations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed, and effective in terms of meeting customer requirements. It is concerned with managing the process that converts inputs (in the forms of materials, labor, and energy) into outputs (in the form of goods and/or services).…

    • 602 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Operations Management

    • 8098 Words
    • 33 Pages

    Since virtually all the operations management decisions (in both the strategic category and the tactical category) require as input a good estimate of future demand, this is the type of forecasting that is emphasized in our textbook and in this course.…

    • 8098 Words
    • 33 Pages
    Good Essays
  • Powerful Essays

    Operation Management

    • 37945 Words
    • 152 Pages

    identifying issues that determine the long-term efficiency of green marketing and how confidence and trust…

    • 37945 Words
    • 152 Pages
    Powerful Essays
  • Powerful Essays

    Operations Management

    • 1280 Words
    • 6 Pages

    Operations management (OM) is the set of activities that creates value in the form of goods and services by transforming inputs into outputs…

    • 1280 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Operations Management

    • 2532 Words
    • 11 Pages

    the total earnings in this sector. Finally, this paper suggests how niche market strategy will help…

    • 2532 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Pizza Hut

    • 2920 Words
    • 12 Pages

    Traditionally it is believed that the operations management is as a transformation process that takes set of inputs and transforms them into the out put. The output can be the goods or services. This includes the effective planning, scheduling and control of the activities that produce the required outcomes. (Cecil C. Bozarth, Robert B. Handfield, 2008)…

    • 2920 Words
    • 12 Pages
    Powerful Essays

Related Topics