Why is operations management important to any organization?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (17 reviews)
a Because a large of a companys expenses occur in the operations ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
Question Posted:
Students also viewed these Management Leadership questions
-
Why is operations management so important in this company?
-
1. Why is the operations function important in implementing the strategy of an organization? Explain why the changes put in place by Victoria Chen and her team could either hurt or help the bank. 2....
-
This item appears at the end of each chapter. It is intended to focus your attention on three key issues for business organizations in general and operations management in particular. Those issues...
-
On December 31, 2021, Tiny Tims Tech, Inc. a private company who follows ASPE, leased a colour copier from Cory Copy Corporation at a price of $479,079. The lease agreement specifies annual payments...
-
Consider a memory system with the following parameters: Tc = 100 ns Cc = 0.01 cents > bit Tm = 1,200 ns Cm = 0.001 cents > bit a. What is the cost of 1 MByte of main memory? b. What is the cost of 1...
-
What is the difference between production control and inventory control?
-
The future value formula for an ordinary annuity gives you a value: a. One period before the first payment b. The same point in time as the first payment c. One period after the last payment d. The...
-
Police are to conduct random breath testing on drivers on a busy road one Friday evening. Suppose 3% of the drivers drink and drive at the time. Let X be the number of drivers that police need to...
-
Which of these certificates qualifies for the mortgage interest credit? Farmers Home Administration Certificate. Federal Housing Administration Certificate. Homestead Staff Exemption Certificate....
-
Michael Lee was hired as chief executive officer (CEO) in late November by the board of directors of Hunter Electronics, a company that produces a state-of-the-art DVD drive for personal computers....
-
What is a supply chain and why is it important to manage it?
-
Identify the three major functional areas of organizations and briefly describe how they inter-relate.
-
Consider a simple model of the helium atom in which two electrons, each with mass m, move around the nucleus (charge +2e) in the same circular orbit. Each electron has orbital angular momentum Ii...
-
The manufacturing plant of Carilla Ltd . specializes in crafting specialized pieces for carnival. With a monthly production capacity of 1 5 , 0 0 0 pieces, the company currently manufactures and...
-
Given g(x)=2x + 7x, use the Derivative Rule for Inverse Functions to determine (g)'(g(-2)). Write the exact answer. Do not round.
-
Sam and Alicia arrived outside their boss's office at the same time and took a seat. Both exchanged a cordial "hello", but they didn't say much else as they waited outside. Fidgeting nervously in...
-
The sheet metal part has the dimensions shown. Determine the x-coordinate (x bar) of its centroid. Given that a=2.6 m, b=8.3 m and c=13.1 m. Round off the answer to 2 decimal places and use the unit...
-
Q2 (20 points) Richardson's hospital consumers 500 boxes of masks on average each week. The price of each box is $50. The cost of placing an order is $250, and the cost of holding a box for a year is...
-
Assume that a normal costing system is used. Estimated overhead was $100. Estimated practical capacity hours were 50. Actual hours worked were 54. What was the over- or underallocated overhead?
-
What kind of financial pressures can an LBO cause?
-
Describe what an operations strategy is.
-
List the nine strategic decision categories.
-
Explain the term time-based strategy and give two examples of companies using it.
-
Homework: ACCE 307 Question 9, E14-21 (book/static) = Sp 22 Part 1 of 4 Best Drugs is a distributor of pharmaceutical products. Its ABC system has five activities: (Click the icon to view the...
-
Exercise 10-3 (Algo) Measures of Internal Business Process Performance [LO10-3] Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time between when a customer places...
-
Homework Chapter 26 Question 2 of 2 View Policies Current Attempt in Progress -150 1 Cancer Corporation accumulates the following data relative to jobs started and fed during the month of June 2022...
Study smarter with the SolutionInn App