Friday, 9 December 2016

Production & Operation Management - Describe the Muda of over-production How is it different from overprocessing




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                 Production & Operation Management





1. How does the production and operations management function distinguish itself from the other functions of management?



2.  What is Michael Porter’s thesis in his Five Forces Model? Explain.



3.  What is the importance of capital budgeting in Operation Management?



4.  What are the difficulties in measuring productivity? Discuss.



5. How does a good plant layout help to improve productivity?



6.  What is the aim of production planning?



7. What are the scheduling problems in Line production?




8.  Describe the ‘Muda’ of over-production. How is it different from ‘over-processing’?



9.  Can ‘service’ operations adversely affect sustainability? Explain giving examples.




10. What is the impact of technological advances on Production Management?




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