Suppose that Rolling Stone presented the following headlines relating to OM. Many low volume production facilities could learnfrom the Solemates, Inc.ħ. Many productioncompanies have high volume and low volume lines. However, the approach seems mostappropriate in recreational consumer goods and products requiring high customization. This approach can be applied in a large number of industries. The needs and wants of the customer are considered at every step of the process. This is possible in part due to the use offlexible manufacturing. The production processcombines mass production capability with high customization. This charts the flow of the Solemates, Inc.s production system. Could this approach be applied to other consumer goods? Give examples. Sketch the production-delivery system used by Solemates, Inc. The home office of a major banking firmInputs: paperwork from customers and other institutionsComponents: loan underwriters, clerks, computer systemsPrimary function: record-keeping, loan processing, coordinating cash flowsOutput: satisfied customers, sound investment portfoliosĦ. A branch office of a bankInputs: customersComponents: tellers, bank officers, teller windows, systemsPrimary functions: deposit and withdrawal handling, loan initiation, storing money and valuablesOutput: satisfied customers, positive return on loan ratiosĭ. A state penitentiaryInputs: criminalsComponents: legal system, physical plant (prison), guards and support staffPrimary functions: segregation of prisoners from society, punishment, rehabilitationOutput: reformed society membersĬ. An airlineInputs: passengersComponents: planes, crews, equipment, terminalsPrimary functions: transportationOutput: satisfied, safe customersī. Using Exhibit 1.2 as a model, describe the input-transformation-output relationships found in thefollowing systems:Ī. With the expanding objectives of productive systems combined with increased applications to services andincreased efficiency of Japanese producers, there is increased interest in nuts and bolts issues.ĥ. What factors account for the resurgence of interest in OM today? The following are some examples of jobs available to OM graduates with several years of experience fromthe Wall Street Journal, January 18, 2000.Ĥ. Take a look at the want ads in The Wall Street Journal and evaluate the opportunities for an OM majorwith several years of experience. Management and organizational behavior is concerned with the formulation of corporate strategic policy.Operations Management is concerned with the operations strategy, which specifies how the firm willemploy its production capabilities to support its corporate strategy.ģ. How would you distinguish OM from management and organizational behavior as taught at youruniversity? Operations Research/ManagementScience (OR/MS) is a branch of applied mathematics, while Industrial Engineering (IE) is an engineeringdiscipline.Ģ. Operations Managers use the tools of OR in decision making and areconcerned with many of the same issues as Industrial Engineers. Operations Management has a distinct management role thatdifferentiates it from OR and IE. Operations Management (OM) is a synthesis of concepts and techniques that relate directly to productionsystems and enhance their management. What is the difference between OM and OR/MS? Between OM and IE? LIBROS UNIVERISTARIOS Y SOLUCIONARIOS DE MUCHOS DE ESTOS LIBROS GRATIS EN