Operations Management Essays (Examples)

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Operation Management Stickley Furniture Production

Words: 3995 Length: 14 Pages Document Type: Essay Paper #: 23243988

The management at Stickley Furniture revealed that the demand for their products tends to increase during the first and third quarters, whereas it reveals descendant trends throughout the second and fourth quarters. Given these fluctuations then, the organizational leaders have striven to develop a level production plan that ensures steady output and steady labor force. The plan sees that "during the second and fourth quarters, excess output goes into inventory; during the first and third quarters, excess demand is met using inventory. The company's policy of level output coupled with seasonal demand patterns means that prior to peak demand periods, excess output is used to build up inventories, which is then drawn down when demand exceeds production capacity during periods of peak production" (case).

The plan is simple and logic, yet it is met with some limitations. A first of these limitations is given by the changing needs of customers…… [Read More]

References

Stickley Furniture Case Study

Fredendall, L.D., Hill, E., 2001, Basics of Supply Chain Management, CRC Press, ISBN 1574441205

Reeser, C., Loper, M., 1978, the Case of the Mexican Crazy Quilt, Management: The Key to Organizational Effectiveness, Revised Edition

Vaishnav, M., 2003, Forecasting, Supply Chain it Toolbox, http://supplychain.ittoolbox.com/groups/select/scm-select/forecasting-244049lastaccessed on March 11, 2009
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Operation Management Philosophy of Management

Words: 880 Length: 2 Pages Document Type: Essay Paper #: 12663886

To achieve it, the comparative advantage must be constantly nurtured through a series of top management operations and decisions. For instance, the management board must continually allocate sufficient budgets and time to both the marketing and the research and development departments. The marketing team will prospect the market in order to identify new trends and demands of patients or the environment. They will also pay close attention to the strategies implemented by the competition and will develop and implement new strategic approaches that enhance their comparative advantage. The &D team will function based on the feedback collected by the marketing team and will improve the technological appliances in accordance with the new demands. Also, the members of the board or delegated physicians must participate to international conferences of the industry as to make sure that they are up-to-date on the latest innovations.

The industry is a highly significant determinant of…… [Read More]

References

Galloway, R.L., 1993, Principles of Operations Management, Series in the Principle of Management, Routledge

November 29, 2000, Physician CEOs Should 'Lead the Change' - and Get Paid, Physician Compensation Report
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Operation Management JIT An Overview

Words: 2228 Length: 7 Pages Document Type: Essay Paper #: 19740830

Exclusive and symbiotic relationships with suppliers are valuable, especially suppliers located close to the factory.

A JIT company strives for preventive maintenance so no time is wasted, and errors are reduced or eliminated because all aspects of the production process are kept in 'tip-top' shape. Above all JIT requires a flexible workforce with workers trained "to operate several machines, to perform maintenance tasks, and to perform quality inspections" ("JIT Lecture Notes," 2006). A flexibly trained and loyal workforce has several advantages. Despite its emphasis on the benefits of innovative computer technology during certain aspects of the production process, Toyota has been commended for the great respect it showed for its workforce. "A quality at the source (jidoka) program must be implemented to give workers the personal responsibility for the quality of the work they do, and the authority to stop production when something goes wrong" for JIT to be successful…… [Read More]

Works Cited

Grout, John & Brian T. Downs. "A Brief Tutorial on Mistake-proofing, Poka-Yoke, and ZQC."

June 14, 2009. http://facultyweb.berry.edu/jgrout/tutorial.html

"Health and safety." Sideboom. June 14, 2009.

http://www.slideboom.com/presentations/65915/H&S,-CADCAM-in-production,-CIM,-JIT
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Operation Management Riordan - Supply

Words: 1160 Length: 4 Pages Document Type: Essay Paper #: 70041773

It is natural that suppliers forecast their own demand, and where long-term relationships have developed, there is a greater potential for the supplier to make the loan for cost. Furthermore, where Riordan is a major customer for that supplier, there may be a greater willingness to fulfill the order, and put that customer before smaller competing firms in terms of priority. If Riordan are ordering from a firm they do not regularly use, there will not be the same level of forecasting, and a supplier may need to obtain relevant inputs before making a delivery.

The situation of the supply themselves will also be relevant. Smaller organizations are likely to have more cash constraints, and have a lower level of inventory on hand, as inventories tie up capital. This problem may be particularly pertinent where organizations lack financial stability. If the organization is small, the influence of production constraints may…… [Read More]

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Operation Management Why Productivity Matters

Words: 315 Length: 1 Pages Document Type: Essay Paper #: 21981792

This generates high profits and more resources in beating the competition (capital, technology and human resource).

2. M&L Manufacturing

Forecasting methods are employed by economic agents, especially manufacturers, due to the benefits they generate. In this order of ideas, a formalized forecasting technique will properly assess the necessity for manufactured items and by this, will reduce the under and overstocking. The right quantities of goods will generate the trust of all categories of stakeholders, mostly distributors and customers. Also, it will lead to a superior and more efficient process of resource allocation.

An estimative for the following four weeks of the quantities to be manufactured of product 1 and product 2 is given below. The numbers for the second product are more stable, whereas those for the first are gradually increasing. In both cases, they are based on the registered demand.

Product 1

Product 2

Week 1

Week 2

Week…… [Read More]

Reference:

Productivity and M&L Manufacturing Case Studies
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Analyzing the Operation Management

Words: 1161 Length: 3 Pages Document Type: Essay Paper #: 70765215

Operation Management

What should your competitive priorities be and what capabilities do you want to develop in your own core and support processes?

To begin with, so as to establish an online grocery delivery business, there are a number of factors (both internal and external) that need to be taken into account so as to ensure success of the business. Prominent among them is partnership with the grocery stores. In this instance, there will be the partnership between two brick and mortar grocery stores that presently are not engaged in any kind of grocery delivery business. In addition, we must be assured that we will have consumers who are ready and prepared to pay the additional dollars for the service. Taking this into consideration, the ideal consumer for this service is an individual who leads a considerably busy and chaotic life, barely has the time to visit the grocery store,…… [Read More]

References

Collier, D. A., Evans, J. R. (2009). Operations Management Goods Services and Value Chains. South Western College Publication.

Fazel, F. (1997). A comparative analysis of inventory costs of JIT and EOQ purchasing. International Journal of Physical Distribution & Logistics Management, 27(8), 496-504.

Ward, P., McCreery, J., Ritzman, L., Sharma, D. (1998). Competitive priorities in operations management. Decision Sciences, 24, 9: 1,035 -1,046.
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Planning and Control in the Operation Management of Mcdonald's

Words: 1663 Length: 6 Pages Document Type: Essay Paper #: 85379656

Applied Operations

Planning and Control in the Operation Management of McDonald's

"To provide unmatched consistency in operations in support of high product quality. This must be accomplished with adequate speed, low cost, and process innovation to accommodate changes in consumer tastes."

~Operations Strategy of McDonald's

Operations management is a critical aspect of business that helps govern and determine the success and general efficacy of the business itself. Operations management encompasses numerous aspects of business functions and can be divided into several elements such as marketing/sales, corporate strategy, organisational design, and operations & process management. For the purposes of this paper, the organisation of focus will be the international chain of fast food restaurants, famously known as McDonald's. This is a fast food chain that originates from the United States of America. To date, there are over 33,000 McDonald's restaurants in 118 countries on Earth. The author of this paper has…… [Read More]

References:

Earley. S., Kellond, M., Kraich, H., Phillips, E., Sadeq, R., & Van, T. (2004) McDonald's Restaurant: Survey of Operations Management. Web. Available from 2012 January 25.

Jain, S. (2010) Operations Management: McDonald's Case Study. Web. Available from 2012 January 29.

Slack, N., Chambers, S., & Johnston, R. (2010) Operations Management. Essex, England, Pearson Education Limited.