Doctrinas eticas

Concepts of Operations Management
Written by Kek Sei Wee Tuesday, 14 April 2009 10:51 - Last Updated Thursday, 16 April 2009 10:29

With intense global competition, companies today understand thatthe best way to boost the bottom line is to cut costs through more efficient operations management (OM). Beyond the intimidating jargons and sophisticated tools that operations management offer, howdoes it help companies improve operations efficiency. Is it just another cosmetic styling tool that helps companies market their operations? Or does it provides a comprehensive operations strategythat actually work?

 

With good understanding of the various operations management tools, Achilles believes that key OM concepts are crucial in helping companies make both micro and macro businessdecisions. Here are some of the common business decisions and some of the OM concepts that can provide the intuition and logic to support each decision making process.    Business DecisionsOperations Management Concepts

 

What should be the quantity and mix of products produced?

What are the appropriate staffing levels?

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Concepts of Operations Management
Written by Kek SeiWee Tuesday, 14 April 2009 10:51 - Last Updated Thursday, 16 April 2009 10:29

What are the capacities and resources required?  

Aggregate Planning Smoothing Bottlenecks Planning horizon Demand(Deterministic vs Stochastic) Linear programming 

How much inventory / raw materials to carry?

Inventory Management Raw materials, work-in-progress, finished goods Holding, Order, Material CostsEOQ Model Newsboy Model Reorder Policy 

How to plan and track work release?

How to convert demand forecast into requirements schedule to subassemblies and raw materials? 

ProductionManagement

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Concepts of Operations Management
Written by Kek Sei Wee Tuesday, 14 April 2009 10:51 - Last Updated Thursday, 16 April 2009 10:29

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Push vs pull control system Materials...