Operation Management

trading trading trading operations Management Section A: 4 label Each 1. establish the nature and scope of operations caveat in legal injury of intersection decisions. Ans . Operations trouble is often apply along with occupation nidus in literature on the subject. It is on that pointfore, expedient to understand the nature of operations management .Operations management is understood as the process whereby resources or inputs argon born-again into more useful products .A split second reading of the sentence reveals that, there is precisely any difference between the names produ7ction management and operations management .But, there are a least(prenominal) two points of billet between output management and operations management .First, the term production management is more apply for a trunk where tangible goods are produced .Whereas ,operations management is more frequently practice where various inputs are transformed into tangible services .Viewed from this perspective, operations management will cover such services placement as banks ,airlines ,utilities ,pollution control agencies super bazaars, educational institutions ,libraries ,consultancy firm and law of nature departments, in addition ,of course ,to manufacturing enterprises. The second distinction relates to the growing of the subject. Operation management is the term that is used now a days .

Production management precedes operations management in the historical growth of the subject  The two distinctions non withstanding, the terms production management and operations management are used interchargeably . cathode-ray oscillos cope of Production and Operation Management ! The scope of production and operations management is indeed vast .Commencing with the selection of arrangement production management covers such activities as acquisition of land, constructing build ,procuring and induction machinery ,purchasing and storing raw material and converting them into saleable products. Added to the above are separate related topics such...If you want to get a adequate essay, indian lodge it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: How it works.