Operations Management ESSAY
Write a SHORT essay of 150 words answering the following questions. ;
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1. What is Operations Management and why is it strategically important to firms regardless of their focus on or mix of products?
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2. What are the key similarities and differences between SPC and kaizan?
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3. What are the two main Six Sigma techniques, and what is intended to target?
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4. What is EOQ and why is it a useful tool for managers in operations?
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5. What are the key similarities and differences between Gant charts and PERT/CPM techniques?
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6. What is JIT, and what are its principle benefits?
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7. Contrast and compare economies of scale and learning effects.