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Production and Operations Management
Question 1: Use examples to show how one or two of those topics in production and operations management improve the performance in a business? What aspect of this course was most meaningful to your career? Why?
Answer:
The main two aspects of production and operation management are forecasting demand and selecting production process. The accurate uses of forecasting demand by electronic company helps them to establish a pattern of supplies to the customers and are able to attract more customers. The use of selecting production process enables the electronic company to execute production process in developing best quality products and attracting more customers (Khanna 2015). The forecasting demand helps in determining the demand before hand and be ready to provide supplies in time. The ability to provide supplies on time and executing a perfect production process improve performance of business by attracting more customers and increasing profitability. An appropriate production process ensures that the company using it is able to produce the service and product that are totally different and better than its competitors.
The most important aspect of the course of production and operation management is the ability to understand the entire production process and plan the operational strategies accordingly. The understanding of the production process helps to modify the step in order to present an error free business process that can be helpful in performing a profitable business. The production and operation management is the most important process in the entire business process (Hemmer & Labro 2017). The course elaborated all the aspects and elements that constitute the production and operation management and are effective in presenting a strong business. The course provides a wide knowledge to the students about process, selection of process, maintaining the machines and control planning and other aspects that play a key role in the business process.
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