Chapter 1 - Operations Management

1.Why should one study operations management? operations circumspection is the set of activities that creates value in the form of goods and work by transforming inputs into outputs. operations Management is one of the three major(ip) functions of any organization, and it is generally related to all the other transaction functions. All organizations market (sell), finance (account), and produce (operate), and it is important to hunch forward how the Operations Management activity functions. Therefore, we study how people address themselves for productive enterprise. We study Operations Management because we trust to hit the sack how goods and aids are produced. The production function is the segment of our partnership that creates the products we use. We study Operations Management to understand what operations managers do. By understanding what these managers do, you can develop the skills necessary to become such(prenominal) a manager. This will help you explore the numerous and paying(a) career opportunities in Operations Management. We study Operations Management because it is such a costly part of an organization. A greathearted percentage of the revenue of most firms is spent in the Operations Management function. Indeed Operations Management provides a major opportunity for an organization to improve its profitability and enhance its service to society. 2.

Identify four people who have contributed to the theory and techniques of operations management. Eli Whitney (1800) Frederick W. Taylor (1881) Henry Ford (1913) Walter Shewhart (1924) 3.Briefly describe the contributions of the four individuals identify in the preceding question Eli Whitney (1800) Eli is credited for the early popularization of common parts, which was achieved through standardization and quality control. Through a mother he signed with the U.S. government for 10 000 muskets, he was fit to command a premium price because of their interchangeable parts. Frederick W. Taylor (1881) Known... If you want to get a full essay, order it on our website: Orderessay

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