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Nature and scope of operations management?
Operations management is often used along with production management in literature on the subject. It is therefore, useful to understand the nature of operations management .Operations management is understood as the process whereby resources or inputs are converted into more useful products .A second reading of the sentence reveals that, there is hardly any difference between the terms produ7ction management and operations management .But, there are a least two points of distinction between production management and operations management .First, the term production management is more used for a system where tangible goods are produced .Whereas ,operations management is more frequently used where various inputs are transformed into tangible services .Viewed from this perspective, operations management will cover such services organization as banks ,airlines ,utilities ,pollution control agencies super bazaars, educational institutions ,libraries ,consultancy firm and police departments, in addition ,of course ,to manufacturing enterprises. The second distinction relates to the evolution of the subject. Operation management is the term that is used now a days .Production management precedes operations management in the historical growth of the subjectThe two distinctions not withstanding, the terms production management and operations management are used interchargeably .Scope of Production and Operation ManagementThe scope of production and operations management is indeed vast .Commencing with the selection of location production management covers such activities as acquisition of land, constructing building ,procuring and installing machinery ,purchasing and storing raw material and converting them into saleable products.Added to the above are other related topics such as quality management ,maintenance management ,production planning and control, methods improvement and work simplification and other related areas.
You are be mechanical student is any special side of MBA for be mechanical student?
AS A MECHANICAL STUDENT YOU CAN DO MBA IN PRODUCTION MANAGEMENT AND POWER MANAGEMENT. AS A MECHANICAL STUDENT YOU CAN DO MBA IN PRODUCTION MANAGEMENT AND POWER MANAGEMENT.
Why is operations management important in business?
Without it we don't have any business.Or we failed.
Importance of operation management?
Operations management refers to the complex set of management activities involved in planning organizing leading, and controlling an organization's operations. At one time, operations management was considered the backwater of management activities - a dirty, drab necessity. This view has changed in recent years, as more and more managers realize how operations can be a "beehive" of activity with major financial consequences for any organization.
Is a business degree sufficient to start a career in operations management?
A business degree is a great jumping point from which to launch your career in operations management. Any extra business classes or management courses are always helpful in this field.
Describe the basic stages of planning for any Production Operations Also give out of Planning?
"http://wiki.answers.com/Q/Describe_the_basic_stages_of_planning_for_any_Production_Operations_Also_give_out_of_Planning"
What is the difference between contract manufacturing and management contracting?
1. the MNC need not have to commit resources for setting up production facilities 1.such contract sometimes brings in additional benefit or additional income for the managing company without any additional investment, risks and obligation.
What is the difference and similarity between adminstration and management?
administration and management both take place as being in charge i don't know any differences although.
What is the difference between a fixed budget and a flexible budget?
is a plan for a single level of production, whereas a flexible budget can be converted to any level of production.
What is the importance of production management in business?
Production management is crucial for optimizing efficiency, reducing costs, and meeting quality standards in business operations. It ensures smooth workflow coordination, timely delivery of goods or services, and effective resource utilization. By implementing effective production management strategies, businesses can enhance competitiveness, customer satisfaction, and overall profitability.
Difference between Research and Development Project Management and conventional Project Management?
R&D Project Management is characterized by using (almost always) an iterative approach. Conventional Project Management is not restricted to any approach/methodology.
What is wardrobe management?
A wardrobe manager is part of the production team. They take care of any alterations of costumes and make up throughout the show.
