Preview

Operations Management Essay Example

Satisfactory Essays
Open Document
Open Document
7150 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Operations Management Essay Example
1 Chapter Introduction to Operations Management True/False 1. Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization's goods or services. Answer: False Page: 4 Difficulty: Easy 2. Often, the collective success or failure of companies' operations functions will impact the ability of a nation to compete with other nations. Answer: True Page: 4 Difficulty: Easy 3. Companies are either producing goods or delivering services. This means that only one of the two types of operations management strategies are used. Answer: False Page: 6 Difficulty: Medium 4. Operations, marketing, and finance function independently of each other in most organizations. Answer: False Page: 4 Difficulty: Medium 5. The greater the degree of customer involvement, the more challenging the design and management of operations. Answer: True Page: 7 Difficulty: Easy 6. Goods producing organizations are not involved in service activities Answer: False Page: 13 Difficulty: Medium 7. Service operations require additional inventory because of the unpredictability of consumer demand. Answer: False Page: 9 Difficulty: Easy 8. The value of outputs is measured by the prices customers are willing to pay for goods or services. Answer: True Page: 5 Difficulty: Easy 9. The use of models will guarantee the best possible decisions. Answer: False Page: 15 Difficulty: Medium 10. People who work in the field of operations should have skills that include both knowledge and people skills. Answer: True Page: 27 Difficulty: Medium 1 11. Assembly lines achieved productivity but at the expense of standard of living. Answer: False Page: 22 Difficulty: Hard 12. The operations manager has primary responsibility for making operations system design decisions, such as system capacity and location of facilities. Answer: False Page: 14 Difficulty: Hard 13. The word 'technology' is used only to refer to 'information technology'. Answer: False Page: 25 Difficulty: Easy

You May Also Find These Documents Helpful

  • Better Essays

    BUS 303 FINAL PAPER

    • 1159 Words
    • 4 Pages

    In today’s labor market, business environment is constantly changing and for this reason the tasks of an Operations Manager in a company is ever increasing so the job description of this position should clearly state the expectation of the job. A job description identifies characteristics of the job to be performed in terms of the tasks, duties and responsibilities to be fulfilled (Youssef, 2012). The tasks of the position must clearly and concisely communicate in the job description. For instance, the main tasks of an Operations Manager will be to oversee, direct, and coordinate all activities of the business with respect to products and services being offered by the company. In addition, the Operations Manager will be responsible for reviewing financial statements, activity report and also managing, training and developing employees.…

    • 1159 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Operations Management is one of the essential business functions and is therefore vital to any organizational system…

    • 2846 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Operations refers to the business function that involves the transformation of a businesses inputs into outputs that satisfy consumer needs and wants. Operations management is influenced by a range of factors from the external business environment that are out of the businesses control. These influences include globalisation, technology, quality expectations, cost-based competition, government policies, legal regulation, environmental sustainability and corporation social responsibility and can pose opportunities or threats to the business. Examples of businesses that demonstrate an understanding of these influences and are able to use this understanding…

    • 1145 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Sainsbury Operations

    • 2417 Words
    • 10 Pages

    Operations Management is very important in business operations since it forms the heart of the organisation by controlling the system of operation. Operations management plays a vital role because any operation requires a combination of merchandising, logistics, coordination and cost control skills to move products from production facilities to the consumer(2).…

    • 2417 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    As of 2008, there are approximately 765,000 personnel employed as sworn officers in local and state law enforcement agencies throughout the United States (BJS, 2011) with an additional 105,000 law enforcement personnel in approximately 65 federal agencies as of 2004 (BJS, 2006).…

    • 1150 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    ROP = (Daily demand * Average lead time in days) + Z(Daily demand) * [pic]…

    • 590 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    A firm uses graphical techniques in its aggregate planning efforts. Over the next twelve months (its intermediate period) it estimates the sum of demands to be 105,000 units. The firm has 250 production days per year. In January, which has 22 production days, demand is estimated to be 11,000 units. A graph of demand versus level production will show that:…

    • 3448 Words
    • 14 Pages
    Good Essays
  • Best Essays

    Operations management is defined as “the activity of managing the resources which produce and deliver products and services” (Slack et al. 2010 p4). This encompasses the entire activity carried out within the organization. With increasing pressure on organizations to deliver optimally at reduced cost, the role of operations has been transformed from that of strategy implementer to one of strategy driver.…

    • 3932 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    Operation Managenent

    • 1493 Words
    • 6 Pages

    1. Define the term operations management. 2. Identify the three major functional areas of organizations and describe how they interrelate. 3. Identify similarities and differences between production and service operations. 4. Describe the operations function and the nature of the operations manager's job. 5. Summarize the two major aspects of process management. 6. Explain the key aspects of operations management decision making. 7. Briefly describe the historical evolution of operations management. 8. Characterize current trends in business that impact operations management. Chapter 2 - Competitiveness, Strategy, and Productivity…

    • 1493 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    Operations management deals with the production of services and goods in our daily life. It means the process that enables organizations to achieve its aims by efficient use and acquisition of its resources. Every organizations, whether service-oriented or manufacturing, has an operations function. This report would introduce the operations system in Foreign Affairs Division of Changchun University of Technology (CCUT), and analyze its advantages and disadvantages within this system. Finally, some recommendations will be introduced to improve the operations management in this Division.…

    • 3492 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    We study Operations Management because it is such a costly part of an organization. A large percentage of the revenue of most firms is spent in the Operations Management function. Indeed Operations Management provides a major opportunity for an organization to improve its profitability and enhance its service to society.…

    • 1270 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Operation Notes

    • 12775 Words
    • 52 Pages

    After reading this chapter you will be able to: ➜ Define what is meant by operations management ➜ Understand the nature of operations within an organization ➜ Explain what an operations manager does and the role he/she plays in an organization ➜ Discuss the similarities and differences between the manufacturing and service sectors of the economy ➜ Explain the similarities and differences between customer processing operations, materials processing operations, and information processing operations…

    • 12775 Words
    • 52 Pages
    Powerful Essays
  • Good Essays

    There are many challenges faced by operation managers in the field of operation management. Operation managers should equip him or her with varies issues and knowledge cross all the business function, not just the operation. To be a good operation manager, they must be able to understand the whole business flows, the products, the customers, the operation, the people and the technology. Understanding of various issue can made them deal better with various support group to improve the process and operation’s productivity and efficiency to the next level, understand problem-solving from technical point of view and able to discuss intellectually with technical parties for various operation issue and being participative. This is not strange that a lot of operation managers learn all trades before being promoted and a lot of them are well equip to tackle technical issues. Education is important for operation management career now and it is advisable to have at least a Bachelor degree as an entry requirement and potential career development in the organization. Experience in the field is important especially a good operation manager should have at least 5 to 10 years of experience.…

    • 686 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Presentation

    • 2774 Words
    • 12 Pages

    This module is designed to provide an overview of Operations Management. The approach will be predominantly qualitative, but it will include some basic quantitative methods where relevant. Students under the module code CB514 study Operations Management in their second year and follow this with CB520 Service Management in their final year.…

    • 2774 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Situatational Theory

    • 530 Words
    • 3 Pages

    After this session, you should be able to • Discuss the principle of Operations as transformation • Identify Operations Performance Objectives • Evaluate the role of Operations Management in the overall business strategy of the organisation • Appraise the contribution of Operations Management with other key functional areas of the organisation…

    • 530 Words
    • 3 Pages
    Satisfactory Essays