Briefly explain the 5 critical decision making criteria in Operations which can support mission and strategies in organizations.
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Briefly explain the 5 critical decision making criteria in Operations which can support mission and strategies in organizations.
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- Describe three basic decisions that must be addressed in the design of operations systems. For each decision, what information do managers need to make that decision? What is Total Quality Management?Describe the decision-making perspective and the vision of the activities as a mechanism. Why are these viewpoints helpful when researching the area of management of operations?Explain and describe who need to be involved in organization's strategy in operations management ?
- Consider Outlook magazine group, state the LSC strategy they have undertaken in the aspects of: Operations Decision, Advantages of their Operation Decision strategy, Corporate strategy, Retailstrategy, supply strategy, list of few strategic suppliers, distribution strategy, supply chain strategy. Perform a 4V analysis with respect to the final product and also state the 4 perspective of their operation strategy. Prepare a Operation Strategy Matrix with respect to the company. What are the outcomes of the strategy? Compare the Raheja Group company with any of its competitors in the same segment and comment on which company has a better LSC strategy.review the 3M organization -Explain how the forces in the general environment impact the firm's operations; -Describe the structure of the industry; -Identify and describe the firm's major competitors and the basis of their competitiveness; -Apply Porter's five forces model please provide all referencesDefine some of the strategic decisions that might be required in a grocery store’s operation and its supply chain depending on whether the strategy was emphasizing imitation or innovation.
- Explain how will the operations manager improve the output to input ratio?What is a wait and see strategy in operations ?Assume your are operation manager of service or manufacturing company, so, In at least two pages, answer the following: 1) If you become the operations manager, what will be your duties and responsibilities? 2) Which type of long term and short term capacity strategies are more appropriate for the company to face demand fluctuations? justify. 3) Discuss, in brief, the important factors affecting productivity in the company.
- b) Suppose a monopolistically competitive firm operates in a long run which produces 40 units of output at 120 taka per-unit cost (average total cost). Also MC of producing 40 unit output is 60 taka. By using this information, show the long run situation of a monopolisticallycompetitive firm in an appropriate diagram. c) Calculate excess capacity if socially efficient output is 100 units. Show it in graph too. [Note: b) and c) are related questions and draw separate graphs for each question]. Show all step. Answer must be correct.Discuss the big process strategy decision and how do they affect operations ?