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Analysis on process management instead of operation management?
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∙ 15y ago
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What is the difference between operations research and operations management?
Operation research is tool/technique for solving the problems such as economics, queuing theory, mathematical optimization, simulation and stochastic models etc. Operation management is concerns management of production (transformation) system, system design, operation, improvement, systematic analysis of organizational process.
Which technique is used for the plan risk management process?
Planning meetings and analysis is a technique used for the plan risk management process.
Components of production and operation management?
these components include:- plant,purchasing,manufacturing process and people
Nature and scope of production management and operation management?
Production management is the planning, forecasting, or marketing of a product at all stages of the product's lifecycle. Operations management is overseeing, designing, and controlling the process of production.
Which step in the OPSEC process requires you to look at your operation through the eyes of the adversary?
Identify critical information is the step in the OPSEC process that requires you to look at your operation through the eyes of the adversary.
What is the difference between operations research and operations management?
Operation research is tool/technique for solving the problems such as economics, queuing theory, mathematical optimization, simulation and stochastic models etc. Operation management is concerns management of production (transformation) system, system design, operation, improvement, systematic analysis of organizational process.
Which technique is used for the plan risk management process?
Planning meetings and analysis is a technique used for the plan risk management process.
Business process area performs funds analysis and budgetary accounting?
Funds Management
What business process area performs funds analysis and budgetary accounting?
Funds Management
Stages of the strategic management process?
There are five basic stages of the strategic management process. They are foal setting, analysis, strategy formation, strategy implementation, and evaluation or control.
What are the Challenges of Production and Operation Management?
ERP (Enterprise Resource Planning), Supply chain management, lean production and process Analysis, Business process mapping, Operation Research, Decision of Operation management and operating strategy.
What is value chain analysis in management accounting?
Value chain analysis is the process to determine which process of production is increasing the value of product and which is not so that the product manufacturing cost can be reduced by eliminating that process from the production chain.
Components of production and operation management?
these components include:- plant,purchasing,manufacturing process and people
In order to use the Scenario Process Tool you must first complete which tools in Step One?
Only the Operation Analysis.
Nature and scope of production management and operation management?
Production management is the planning, forecasting, or marketing of a product at all stages of the product's lifecycle. Operations management is overseeing, designing, and controlling the process of production.
How would you define activity-based management?
Activity-based management (ABM) is an approach to management in which process managers are given the responsibility and authority to continuously improve the planning and control of operations by focusing on key operational activities.
What is step three of Composite risk management?
Step 3 of composite risk management will be Qualitative Risk Analysis. The steps in composite risk management are: 1. Plan Risk Management - Risk management planning is the process used to decide how the risk management activities for the project at hand will be performed. 2. Identify Risks - The Identify Risk Process is the process where we actually identify all those uncertain events that might affect our project or its outcome. 3. Perform Qualitative Risk Analysis - This is the process where we assess the Probability of the Risk event occurring and the Impact of the same. At the end of this process we will have a prioritized list of risks that we need to analyze further. 4. Perform Quantitative Risk Analysis - This is the process where we take the prioritized list of risks and apply mathematical analysis on them. 5. Plan Risk Responses - This is the process where we will be deciding how we are going to handle the risks identified & analyzed in the previous processes if they occur. 6. Monitor & Control Risks - This is the process where we monitor the identified risks and identify & respond to new risks as they appear.
