What Do You Mean by Operation Strategy? Discuss The Development of Operations Strategy
What Do You Mean by Operation Strategy? Discuss The Development of Operations Strategy
operations strategy.
It ensures that operations are aligned with the overall business objectives.
2. Market Analysis:
Example: A retail company may focus on faster delivery to gain a competitive edge.
5. Implementation:
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or services efficiently.
Types of Processes:
1. Project Process:
3. Batch Process:
5. Continuous Process:
6. Service Process:
1. Identify requirements.
3. Develop workflow.
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3. Explain about Master Production Scheduling.
Definition:
Master Production Scheduling (MPS) is a plan that outlines what to produce, when, and
in what quantity.
Features of MPS:
2. Resource Planning:
3. Schedule Development:
4. Coordination:
Benefits of MPS:
4. State capacity? What are the different types of capacity? Mention the factors
Definition of Capacity:
Capacity refers to the maximum output that a facility can produce within a given period.
Types of Capacity:
1. Design Capacity:
2. Effective Capacity:
Actual output considering regular maintenance and other factors.
3. Actual Capacity:
1. Facilities:
2. Technology:
4. Raw Materials:
5. Demand Variability:
measurement.
1. Time Study:
2. Work Sampling:
Uses standard time values for basic motions (e.g., lifting, moving).
Example: MTM (Methods-Time Measurement).
5. Activity Sampling: