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BUS300 Operations Management
Question:
Scenario
You have been working in the operations department of your organization for the past three years as a senior operational manager. Over the past two years the operational performance of the company has been declining such that the company is facing difficulties in meeting its objectives. As part of the continuous improvement and restructuring the operation processes you have been asked by the head of your organization to prepare a report on a particular area of the operations titled “A report on operations planning and control of [name of the organizations or unit]”.
- What is the report all about?
- What you tried to cover in report?
- What the report tries to find out
Table of Contents (Use the Microsoft Office auto table of contents)
- Introduce operations management in business (Authors definition with year).
- Importance of operations managements in business
- Introduce the organization selected for assessment briefly (work, history, products and services, etc.)
01.
(A) Define linear programming.
- Concept of Linear programming (Authors/book definition). properly cited defection from reputed sources.
(B) Explain how you could apply linear programming to a given task.
- Purpose/Reason to apply linear programing (At least 3-4 in point format).
- Identify a problem set from your selected organization to apply linear programming (example question related to your selected organization).
- Apply the linear programming for the problem set for your selected organization.
- Interpret & write conclusion about the result of linear programming solution for your selected organization
- Importance and usefulness of Linear Programming to a business you selected.
- Compare the benefit VS demerits (Advantages and disadvantage – like in a table format)
02.
(A)Identify and explain the critical path analysis and network planning
- Define critical path analysis (Authors definition with year).
- Discuss network diagram.
- Explain the concept Early start, Early Finish, Latest Start and Latest Finish with formulae.
(B)Identify and explain the importance of critical path analysis.
Explain importance of critical path (4 to 5 importance)
Explain the importance of CPM.
Identify any 4 or 5 importance and give the reasoning.
Identify any two strategies to make sure a project is complete on time.
03.
(A) Produce a set of clearly defined operational outcomes for a given operation by considering the following five OM performance objectives. Operational Performance Objectives.
Quality (Explain the concept, refer with relation to your selected organization).
Speed (Explain the concept, refer with relation to your selected organization).
Dependability (Explain the concept, refer with relation to your selected organization).
Flexibility (Explain the concept, refer with relation to your selected organization).
Costs (Explain the concept, refer with relation to your selected organization).
Benefits of Operational Performance Objectives. (General definition or relate to your selected organization)
04.
(A) Produce a network plan and indicate the resultant critical path. Develop an operational objective.
- Identify and write the activities to be conducted to achieve operational objective along with its duration.
- Develop the network diagram and identify the critical path.
- Develop a table identifying ES, EF, LS, LF and Slack. Calculate the paths’ times
- Identify the critical path. (Identify critical path with different color)
BUS300 Operations Management
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