Thought for the day:. “Think ahead. Don't let day-to-day operations drive out planning.”. Operations Operations strategies . Get an A. A Grade. To what extent, Evaluate, discuss, justify, advise, recommend. Band 6. Evaluation. Apply, Examine, Analyse, Interpret, Formulate. Band 5.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
“Think ahead. Don't let day-to-day operations drive out planning.”
To what extent, Evaluate, discuss, justify, advise, recommend.
Apply, Examine, Analyse, Interpret, Formulate.
Application & Analysis
Compare, Contrast, distinguish,, construct, calculate, explain.
Define, Clarify, describe, extract, identify, outline, recall, recount, state summarie
Operations strategies are based around the need to achieve performance objectives.
Service design and development differs from the design and development of products as services are intangible and ‘consumed’ as they are produced.
The incidence of outsourcing, either domestically or globally, is increasing worldwide, with business structures changing to benefit from lower cost and greater efficiency.
– the cost and uncertainty associated with payback
– issues with communication and language
– loss of control of standards and information security
– loss of corporate memory and costs associated with IT, organisational
change, redesign and management of hierarchies.
Maximum Stock Level
Minimum Stock Level
When the stock level reaches the re-order level, it triggers a new order. The difference between the time of re-order and delivery is the ‘lead time’.
Maximum stock levels achieved after stock delivery. Stock levels decline during production.
The Traditional Stock Control Model
If quality control breaks down,the cost can be severe.
Source: Photolibrary Group