Which is not a significant difference between manufacturing and service operations?
Q: Explain what is meant by operations management in general
A: Operations management is the administration of the organization's numerous operations. The…
Q: What effect does operations management have on an organization's competitive advantage?
A: Operations management is a term that refers to the business function that assists in controlling the…
Q: Why are operations and products important in business management? Could you provide an example?
A: Management of a business and taking care of its needs is something which is very necessary to keep…
Q: Why is management of operations critical in all types of companies?
A: The administration of all tasks involved in the production of goods and products is known as…
Q: What really is the role of operations in corporate strategy ?
A: Operational strategy is crucial in the company. Occasionally, it is influenced by business strategy.…
Q: what role would an Operations Manager play in the strategic planning at an organization
A: Strategic management can be distinct as a continuous course of planning, supervising, assessing,…
Q: Explain the rationale of an operations strategy that seeks to increase the opportunity for use of…
A: Use of technology in business helps in increasing efficiency and productivity. It contributes to…
Q: What is the difference between production and operations?
A: Efficiency is the ability to reduce wastage of resources and inputs due to the production process in…
Q: How and when do operations save money for the business?
A: The operations of any business are the most fascinating, important, and critical aspect. As a…
Q: Explain how the operations manager enhance ratio of outputs to inputs
A: Operations managers are in charge of implementing organizational efficiency within a business in…
Q: Name the characteristics to distinguish between manufacturing operations and service Operations?
A: Tangible output - Manufacturing operations put labors, materials, money to convert into tangible…
Q: What Is Operations and Supply Chain Management?
A: Operations can be defined as the method or process of managing the business in an effective and…
Q: Why does one choose a career in operations management?
A: A task with a low feeling of anxiety, great balance between serious and fun activities and strong…
Q: Describe the operations transformation model to your team. Explain the components of the model and…
A: The systematic guidance, as well as monitoring of activities that turn resources (inputs) into…
Q: cribe the following term: Balanced Scorecard. How does it relate to a company's operations?
A: Setting goals, techniques, and objectives to make a company or organization more competitive is…
Q: Operations management has always been associated with manufacturing activities, but in truth it can…
A: In the question it is given that the, operations management has always been associated with…
Q: Market needs can direct ongoing development of operations strategies. Similarly, operations can…
A: Operations strategy is the arrangement created by the supervisory group of an association to…
Q: Expand the key success factors of operations management
A: Operations strategy has to be at the basis of just about any corporation, regardless of its product…
Q: Describe the features of focused operations?
A: Operation management in an organization aims at providing the highest efficiency possible. It…
Q: In turaa ltd. the total no. of units produced are 234k and the labour input was 20% of output and…
A: given: output = 2,34,000 Units labour input = 20% of Output i.e. Rs. 46,800 Material Input = 85% of…
Q: Explain how a distinctive competence in operations can be the basis for competition in the company?
A: Distinctive competence in operations is very crucial and important. Operations are the back end team…
Q: How are a company's operations strategy's limits determined?
A: Before any real development starts, the firm's plan is laid out. Before any plan or action can be…
Q: Do you see a difference in operations in manufacturing and services
A: Operations are the set of activities that are concerned with designing and controlling the…
Q: What is the role of operations management within a business enterprise?
A: Operations management is the administration of operational processes within a company to create the…
Q: Operations managers are key players in the battle to improve productivity. How?
A: Operations management refers to the application of best corporate practices with a view to achieving…
Q: Why are services and manufacturing is important in connection with operations management
A: Operations management is a field that deals with many processes, people, tasks, and goals. Due to…
Q: Explain what is meant by a focused factory with one advantage and disadvantage ?
A: The idea of the focused factory contends that issues emerge when a plant endeavors to blend too many…
Q: What are the practical consequences of a lack of strategic linkage between the business and the…
A: The consequences of a lack of a strategic linkage between business operations and supply chain have…
Q: Given a business strategy of being the word leader in manufacturing electric cars with innovative…
A: BYD is Chinese industrial of electric vehicles particularly the passenger car. It must adopt a value…
Q: Exptain the rationale of an operations strategy that seek to increase the opportunity for use of…
A: Definition - When someone provides a plan or report for the functions of operations is therefore…
Q: What is the difference between manufacturing and service operations
A: Manufacturing operations are all about producing tangible goods and storing them in a warehouse…
Q: 1. Consider amazon.com, whose Web site enjoys millions of “hits” each day and puts customers in…
A: Amazon is an E-commerce brand spread in all countries and in the worldwide nation. This E-commerce…
Q: Give 1 short examples of each where in the organization's used integrated operations and innovation…
A: The phrase "strategic operations" relates to the method for deciding the behavior of all companies…
Q: Differentiate the characteristics of a service organization from a manufacturing organization?
A: Manufacturing organization can be defined as the companies that produce goods or products by the…
Q: Discuss how the operations strategies and decision fulfill the needs of the business and add a…
A: Operations planning is crucial to a business's performance since it organizes, regulates, sets…
Q: a. Which factory has the highest labor productivity? b. Which factory has the highest multi-factor…
A: Productivity is the production efficiency of manufacturing products and services using different…
Q: Any business that produces something, whether tangible or not must have an operations activity. Do…
A: Recognizing organizations as indicated by whether they market products or services has just…
Q: Do any companies have to emphasize specific fields of management of operations? clarify.
A: Operations management is a separate field of management from others because of its vast processes.…
Q: Explore the websites for several competing companies on the Fortune 500 list. Based on the…
A: fortune magazine compiles the Fortune 500 list on an annual basis. It contains a list of the top 500…
Q: How operations management is relevant to all parts of the business
A: Operational management is required in all aspects of business:
Q: What is Production? What is Operations Management? How does Production correlate with…
A: SUMMARY- 1. Production is the technique for transforming crude materials or contributions to…
Q: Explain the affects of outsourcing in operations
A: Outsourcing effects:
Q: Why do you think it is important to study operations management? Use an example from your work…
A: Operations management is the process of planning, controlling and supervising the manufacturing and…
Q: What needs and wants does an operations manager occupation fill
A:
Q: calculate the single factor productivity from the given details : Output - 27 lakhs energy input - 5…
A: Given: Output = Rs. 27,00,000 Energy Input = 5% of output i.e. Rs. 1,35,000 Material Input = 200 %…
Q: Discuss whether any other firms have a market influence in operations management
A: A value chain for which there is an only seller supplying a one-of-a-kind product. The vendor is…
Q: Explain How can technology improve competitiveness in operations
A: Technology can aid an organization's competitiveness in a variety of ways. Today, any business that…
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- 1.Briefly discuss value analysis and how can this concept be expanded. 2.Using a plausible example, explain why, and in what circumstances, workflow toolsare usefulWhite Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $150 per unit (labor, $30; materials, $70; and overhead, $50). The sales price is $300 per unit.a. To achieve a 10 percent multifactor productivity improvement by reducing materials costs only, by what percentage must these costs be reduced? b. To achieve a 10 percent multifactor productivity improvement by reducing labor costs only, by what percentage must these costs be reduced? c. To achieve a 10 percent multifactor productivity improvement by reducing overhead costs only, by what percentage must these costs be reduced?Please help me with this question a. The extract mentions that operations are at the core of Goldman Sachs, support this statement by discussing the concept of operations management . b.According to the extract above, operations are carried out with a good flow. Examine the design of goods/services and human resources/job design in the context of Goldman Sachs. c. Illustrate a transformational model for Goldman Sachs illustrating the purchase of stock by a customer.When identifying inputs, discussing the transformation process, or identifying outputs you may take liberties in line with the context of the scenario provided. please note this is one question and not multiple .
- C ompute the multifactor productivity measure for an eight-hour day in which the usable output was Problem 3300 units, produced by three workers who used 600 pounds of materials. Workers have an hourlywage of $20, and material cost is $1 per pound. Overhead is 1.5 times labor cost.Easy Electronics produces CD players using an automatedassembly line process. The standard cost of CD players is$139 per unit (labor, $28; materials, $66; and overhead, $45).The sales price is $275 per unit. a. To achieve a 12 percent multifactor productivity improve-ment by reducing materials costs only, by what percent-age must these costs be reduced?b. To achieve a 12 percent multifactor productivity improve-ment by reducing labor costs only, by what percentagemust these costs be reduced?c. To achieve a 12 percent multifactor productivity improve-ment by reducing overhead costs only, by what percent-age must these costs be reduced?B: The Following information's about small factory (12 Marks).(O2,1)- 18,000 Units Produced- Sold for $13/unit- 25 workers- 450 labor hours- Labor rate: $7/hr- Cost of raw material = $15,000- Cost of machine = $25,000Find the following:1- Labor productivity per worker.2- Labor productivity per hour.3- Multi factors productivity ( machine + material)
- . Explain any two process technologies for materials. b. Discuss any three factors that will help to determine the type of production process used.c. Distinguish between design capacity and effective capacity. Provide a brief example. d. Why is the capacity decision important? e. A regional bank training center has the physical ability to handle 1,300 participants. However, management personnel believe that only 1,100 participants can be handled effectively for most training sessions. The last training session, although forecasted to have 1,000 participants, resulted in the attendance of only 990 participants. Calculate the utilization and efficiency of the training facility.15-_____________ refers to things an organization needs to perform the required tasks. a. Processes b. None of the options listed c. Resources d. ActivitiesEvaluate what are the needs, wants, demands of deliveroo's customer, Evaluate the deliveroo's business through a ''Jobs to be done"
- 1. The Production/Operations function is considered as the core function of the organization because: A. It’s the function directly responsible for converting inputs into outputs of good and services B. Most of the controllable assets of the organization are allocated to it C. Both A and B D. Neither A nor B 2. The user-based definition of quality is meaningful to A. Product designers B. Marketing personnel C. Production personnel D. Customer 3. This is much broader and long-term than competitive advantage. A. Comparative advantage B. Economic advantage C. Absolute advantage D. Strategic advantage1. How processes or tools strategy will help a company achieve its objective. 2. How will a business objective help the company know whether it performs well enough to meet its goals?Note - need the correct option without explanation as fast as possible!! Which of the following activities is NOT direct responsibility of operations management? A) Developing an operations strategy for the operation. B)Determining the exact mix of products and services that customers will want. C)Designing the operation's products, services and processes. D)Planning and controlling the operation.