Operations Management Theory and Practice

Operation management explains the processes that a product or service passes through during its production. It deals with the design, manufacture, services, and supply of the product. Operations management deals with the procedures that ensure that a firm delivers the desired product and service to the client.Advertising We will write a custom essay sample on Operations Management: Theory and Practice specifically for you for only $16.05 $11/page Learn More It considers the concepts of quality, efficiency, and responsiveness to customers (Mahadevan, 2010). These concepts relate to the methodologies of operation management, which includes; operating budget, productivity enhancement tools, peripheral operations, and open line of communication within the staff. This paper reflects on the relevance and the practical applications of concepts and methodologies of operation management. The operating budget finances the continued activities of the organization. The money kept under the operating budget primary function is to fund the activities of all units in the business. In addition, the productivity enhancement tools cut down the costs and concurrently, increase the profits. This makes the products relatively expensive for the customers. The organization makes use of pie charts, flow charts and the other presentation models to enhance better understanding. Moreover, every employee in the organization is accountable for an effective operations management (Mahadevan, 2010). For this reason, the organization uses open line communication between the different departments. This process is virtually important to everyone within the firm, both the employees and the clients. Therefore, these methodologies relates to the concepts of quality, efficiency, and responsiveness to customers. Operation management is of significant benefit to the organization. When the business effectively uses its available resources and work force in production proce ss, it will meet their clients’ requirements. Therefore, the management must be creative, energetic, and innovative to improve the production process.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This will increase the company’s profits because the customers will be satisfied due to the high quality of products and services. The organization also cuts on the cost of production. Mahadevan (2010) explains that operation management provides a background to the future innovations by supporting new ideas and knowledge of employees within the business. Therefore, the operation management is of importance to the success of the business. The operation management is a chain of activities that all depend on each other for successful outcome. The processes are inter-related, therefore, operation management has to effectively check and monitor these activities. This is the principal di sadvantage, the marketing functions, finance, procurement, production, distribution and all other activities has to co-relate well for a successful completion. If the processes are not in place to work together, then the process will fail. It is of value to have a clear understanding of this topic. Operation management is a wide topic that covers an important part in any organization (Mahadevan, 2010). If ignored, then the management must prepare for low profit margins and customer dissatisfaction. Finally, the concepts and methodologies discussed above apply to all working environments. Importantly, the business responsiveness to customer satisfaction is vital. The organization must work with the aim of meeting the demands of their clients. Again, the methodologies involved gives more credit in meeting the clients satisfaction. On the other hand, if these concepts and methodologies are not applied, the business is at a risk of customer dissatisfaction and lack of production. This a ffects the profit profile of the business, as their profits decreases.Advertising We will write a custom essay sample on Operations Management: Theory and Practice specifically for you for only $16.05 $11/page Learn More Anyone recommending these concepts and methodologies of operation management ought to present them as critical requirements in an enterprise. For a less knowledgeable audience, this topic is an inclusive monitoring of all the processes that a product or a service undergoes to completion. Reference Mahadevan, B. (2010). Operations management: Theory and practice. Upper Saddle River: Pearson. This essay on Operations Management: Theory and Practice was written and submitted by user Emiliano Gould to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Great Mosque essays

Great Mosque essays The Great Mosque of Cordoba was considered a wonder of the medieval world by both Muslims and Christians. During that time, many people considered it as the Eight wonder of the world. The Great Mosque was built on a Visigothic site, which was probably the site of an earlier Roman temple. The Great mosque began being built in 785 in the Ummayyad dynasty, during the reign of Abd al-Rahman I, a survivor of the Ummayyad dynasty who escaped from Syria to the Iberian Peninsula after his family was massacred by the Abbasids. The function of the Great Mosque was to provide a place for worship and prayer for those who practice the Islamic faith. The structure of the mosque was a blend of Umayyad, Abbasdi, and pre-Islamic influences. The mosques hypostyle plan, consisting of a rectangular prayer hall and an enclosed courtyard, followed a tradition established in the Umayyad and Abbasid mosques of Syria and Iraq. (pg. 346 prayer hall) The marble columns and capitals in the hypostyle prayer hal l were reused from the ruins of classical Roman buildings in the area. The two-tiered system of arches is similar the Roman aqueducts. Its purpose was to increase the height of the interior space to allow light and air to come in. The upper arches are semi-circular and the lower arches have a horseshoe shape and are know as horseshoe arches. The horseshoe arch had been used by the Visigoths in Spain, but its use was greatly expanded by the Muslims. The curved arch was formed by alternating placement of pale stone and red brick voussoirs which was a technique adopted from the Romans and Byzantines. Al-Hakam II, who ruled from 961-976, commissioned expensive and luxurious renovations that displeased many of his subjects. His most lavish renovation was concentrated in the maqsura, the prayer space reserved for the ruler. Its lavishly decorated with carved marble, stucco, and elaborate mosaics. The maqsura is visually separated from the ...

Environmental Regulations in the USA Essay Example | Topics and Well Written Essays - 1250 words

Environmental Regulations in the USA - Essay Example Conservation and management of resource laws deals with a single resource like natural resources for example forests, animal species and intangible resources like archeological sites. Environmental regulations are influenced by principles of environmentalism including sustainability, conservation, ecology, stewardship, and responsibility. Environmental regulations are mainly aimed at protecting and preserving human health and natural environment (Pizer 123). Resource conservation and management laws try to balance the benefits of exploitation of economic resources as well as their preservation. The law aims at preventing externalities, in the present and in future, and conservation of public resources from individual exploitation. The expenses and limitations of such laws on commerce and non-money benefits of protecting the environment have generated and is still attracting a lot of controversy. This has led to the inception of the following acts: Environmental Policy and Planning: National Environmental Policy Act (NEPA) of 1969; Environmental Quality Improvement Act (EQIA) of April 3rd, 1970; Federal Facility Compliance Act of 1992 (FFCA). Environmental Policy and Planning: National Environmental Policy Act of 1969 is an environmental law in United States that promotes environmental enhancement. The law led to the formation of the environmental quality presidents’ council. The most significant function of NEPA of 1969 was to set up procedures that had to be a requirement for all agencies of federal government, preparation of environmental assessments and statements of environmental impact. These requirements are applied by all federal agencies in the executive branch og government. However, it does not apply to the congress, president or federal courts. Â  

University of Miami Essay Example | Topics and Well Written Essays - 2000 words

University of Miami - Essay Example As a function of this, UAVs operating in various places throughout the world, namely Iraq and Afghanistan, began to suffer a high attrition rate due to the icing of the wings that invariably occurs at high attitudes. As such, this represented a primary design flaw in that the UAV manufacturers had not foreseen the fact that due to the pilotless nature of the aircraft, it would be nearly impossible for a UAV pilot to notice and infer that icing was taking place; let alone seeks to counteract such an eventuality by employing countermeasures. Moreover, the analysis will look at the use of FEA as a means of solving the complex problems that the engineers were faced. In order to rapidly and cost effectively integrate such a level of changes, the engineers went back to the proverbial drawing board and utilized CAD (Computer Assisted Design) to seek to draw a further level of inference upon the issue at hand. Mainly, these tools were used by the analysts to seek to determine the CFD properties that the wings exhibited. The CFD, or Computational Fluid Dynamics, was a way that the engineers could seek to provide the wings and surface areas of the associated aircraft with the highest level of protection against the accumulation of ice without having the cover the entire aircraft in costly, heavy, and ultimately ineffective de-icing mechanisms. The overall importance of seeking to maximize the level of â€Å"bang for the buck† with relation to where the de-icing systems were ultimately installed centered upon the fact that the sheer nature of the jobs which the UAV’s perform and support require that they remain aloft for extraordinarily long periods of time. As a function of this, it is necessary for these aircraft to be as light, and as fuel efficient as possible. Likewise, seeking to utilize CAD and CFD to determine what aspects of the aircraft lay at the greatest degree of risk with

Tides Case Essay Example for Free

Tides Case Essay 1)why the east cost has one high and one low tide a day but other parts of the world have two per day? The most common type of tide around the world is the semi-diurnal type; this consists of two high and two low tides per day. Semi-diurnal tides occur when water is not uniformly raised; this may be due to ocean currents, tributary rivers and other out and in flowing systems. This results in water sloshing around, making the tide phases twice per day. The coast off Florida however, has a diurnal type of tide, having only one low and one high tide per day. Diurnal tides occur when water is relatively trapped, resulting in a uniform movement resonating from the center which follows the lunar phases. 2) How is it we are experiencing GLOBAL WARMING LA NINA? I am confused how both can exist at the same time. The world’s temperature is increasing due to global warming. La Nià ±a is brought upon by the abnormal cooling of the pacific Ocean. How can this two phenomena coexist? The Earth’s temperature is regulated by wind and ocean currents, evenly distributing the Earth’s heat. The increase in the Earth’s temperature is an added strain to this system, implying that the currents need to distribute more heat. In distributing this heat, some areas become abnormally cool while other become abnormally hot. Whaen the abnormally cool area falls upon the Pacific Ocean, La Nià ±a then occurs. 3)Is gravity the only cause of a wave change in shape at the shoreline? Gravity plays an important part in determining what shape a wave takes as it approaches the shore. However, strong winds that hit the wave can also mould it, either making it roll, or making its top crumble altogether. Additional, the tide in effect near the shore can define how high a wave is when approaching. Source: Calvert J.B. (2003) Tidal Observations Retrieved April 12 2007 from http://www.du.edu/~jcalvert/geol/tides.htm#Gulf

The Influence of Malcolm X on United States History Essay -- Racial Is

There have been many people throughout United States History who have greatly influenced the nation, including Malcolm X. Malcolm X both positively and negatively affected American society. He is regarded as one of the greatest and most influential African Americans in history, while being a tremendous public speaker and human rights activist, specifically advocating for the rights of African Americans. However, numerous individuals view him as controversial figure due to the widespread portrayal of Malcolm X as a violent and racist character often considered to be the opposite of Martin Luther King, Jr. Overall, it is clear that Malcolm X is one of the most significant people in United States history because of his various positive and negative influences on American culture. Malcolm Little was born on 19 May 1925 in Omaha, Nebraska, but grew up in Lansing, Michigan (Malcolm, 2003). Malcolm attended school in Lansing, but dropped out in the eighth grade after one of his teachers told him that he should become a carpenter instead of a lawyer. His childhood can be seen as quite tragic for several reasons. First, he watched his house burn down at the hands of white supremacists, the Ku Klux Klan. Then, two years later, his father was murdered, and subsequently, his mother was placed in a mental institution. Later, only in his early teens, Malcolm moved to Boston to live with his half-sister. There, he became involved in criminal activities. Known as â€Å"Detroit Red,† for his hair’s reddish tinge, he developed into a street hustler, drug dealer, and leader of a gang of thieves (Mamiya, 1). Consequently, in 1946, he went to prison for burglary (Malcolm, 2003). It is due to this criminal nature, in his early life, that some i... ...sively demand change (Ferran, 1992). Unfortunately, many individuals find him to be controversial and his methods to be extreme. Nevertheless, he fought for equality of African Americans and stood for what he believed becoming one of the most significant characters in American history. Works Cited Brazil, Georgia and Barbara Reed. â€Å"X, Malcolm†. Volume Library. Southwestern. Nashville, TN. 2004. Ferran, Christine. "X, Malcolm 1925-1965." Contemporary Black Biography. 1992. Encyclopedia.com. 14 Feb. 2011. â€Å"Malcolm X.† Britannica. 15th Edition. 2003 Mamaiya, Lawrence A. "Malcolm X Biography." Biography.com. 2010. Web. 15 Feb. 2011. . McGill, Sarah Ann. â€Å"Malcolm X.† EBSCO. Broadalbin-Perth High School Library Broadalbin, New York. 16 Feb. 2011. .

Case Study the Virgin Group Essay

PROBLEM: * The Virgin Group is so unrelated diversified that it has been criticized by some commentators because it has become an â€Å"endorsement brand that could not always offer real expertise to the businesses which it is associated†. So the real question is â€Å"Can The Virgin Group be good/successful in every business it gets into?† â€Å"Are they really adding a real value to each business/customer? * What will happen if a customer has a bad experience with any of the product lines of the Virgin Brand? Would that influence this customer to never try again another line of this brand? Some commentators have found a big risk with Virgin’s approach stating that: â€Å"The greatest threat is that Virgin Brand may become associated with failure†. Can that be possible? * Richard Branson’s is associated with the Virgin Brand, this sure has been the key to the success of this company, but can also his image fire back toward the Virgin brand if he g ains a bad reputation? What can be the consequences? FACTS: Organizational: * The Virgin Group is one of the UK’s largest private companies. (S) * The Virgin Group included in 2006, 63 businesses such as airlines, health clubs, music stores and trains. Also included Virgin Galactic which promises to take passengers into the sub-orbital space. (S) * The personal image and personality of Richard Branson, the founder of the Group is highly bound up with those of the company. (S ,W) * Branson announced in 2006 his plans to invest $3bn in renewable energy. (S) * Virgin’s partnership with cable company NTL, undertook an expansion into media challenging publicy the way NewsCorp operated in the UK and the effects on British democracy. (S ,W) * Virgin was founded in 1970 as a mail order record business and developed as a private company in music publishing and retailing. (S) * In 1986, Virgin was floated on the stock exchange with a turnover of 362.5 million (Euros). (S) * Branson decided to take the business back into private ownership and the shares were bought back at the original price offer, when the price of the shares began to fall and because of the pressure to create short-term profit. (S ,W) * Virgin’s expansion had often been through joint ventures whereby Virgin provided the brand and its partner provided the majority of the capital. I.e.: For cosmetics and clothing Virgin provided 1,000 (pounds), while its partner Victory Corporation 20m (pounds). (S) * Built business with Virgin Mobile, by forming partnerships with existing wireless operators to sell services under the Virgin brand name. The carrier competences lay in network management. Virgin set out to differentiate itself by offering innovative services. (S) * Virgin has been described as a â€Å"keiretsu† organisation. A structure of loosely linked, autonomous units by self-managed teams that use a common brand name. (S ,W) * Virgin Atlantic, which is owned in 49% by Singapore Airways is one of businesses Branson will never sell, despite of the cyclical nature of this business. He included airline businesses such as Virgin Express (European), Virgin Blue (Australia) and Virgin Nigeria in the group. (S) * Branson has reported about withdrawing from the business which more or less can run by itself now, hoping that his son Sam might become more a of Virgin figurehead. At the same time he launched his initiatives in media and fuel. (W) Environmental: * Branson’s public image and special appearances has contributed to the definition and recognisability of the brand. (O) * Virgin is putting up the Capital for Virgin Fuels and is using the brand to attract the attention to the issues and possibilities that the technology offers. (Different from the other business) (O) * In 2005 announced the establishment of a â€Å"quadruple play† media company providing television, broadband, fixed-lined and mobile communications through the merger of Branson’s UK mobile interests with UK’s two cable companies. (O) * Branson describes Virgin as â€Å"a branded venture capital house†. There was no â€Å"group† as such; Virgin was described as a family rather than a hierarchy. (O) * In 2006 Branson explained the basis upon which he considers opportunities: be global in scope, enhance the brand, be worth doing and have an expectation of a reasonable return on investment. (O) * Branson’s engagement with â€Å"greener† fuels has created a debate on measures to reduce carbon emissions from airplanes. (O) * The public flotation of individual businesses rather than the group as a whole has become an intrinsic part of the â€Å"juggling† of finances that underpins Virgin’s expansion. (T) * Virgin argues that its brand research indicated that people who have had a bad experience will blame that particular Virgin company or product but will be willing to use another Virgin product or service due to the very diversity of the brand. (O , T) * In 2000 Strategic Rail Authority Review voted Virgin Rail on 23rd and 24th place among 25 railway operators what had a great negative impact on Virgin Group overall reputation. (T) Values & Aspirations: * The Virgin name was associated with words such as â€Å"fun†, â€Å"innovative†, â€Å"daring† and â€Å"successful†. It was chosen representing the idea of the company being a virgin in every business it entered. (1) * Establish The Virgin Brand as a major global name. (2) * Virgin won an award for the best wireless operator in the UK. (4) * Branson saw Virgin adding value in the three main ways, aside from the brand: Public relations and marketing skills, its experience with Greenfield start-ups; and Virgin’s understanding of the opportunities presented by â€Å"institutionalized† markets. (3) * Each company is â€Å"ring-fenced†, so no company had no rights over the assets of another; providing not only financial protection, but also to a business ethic aspect. (5) * The increasing conformity between personal interest and business activities could be discerned in the establishment of Virgin Fuels. Branson has stated that by using non-oil-based fuels a Second Gulf War can be prevented. (7) * The line between personal conviction and business interests is everyday more thin. (6) KEY ASSUMPTIONS: * Branson’s taste for his brands of business remains undimmed so will surely continue this way. He has grown his business using the Unrelated Diversification Strategy, which is based in entering new businesses sectors outside the core activities; such as travel, telecommunications, trains, cosmetics. * He will continue investing in â€Å"Green companies† producing ethanol and cellulosic ethanol fuels in competition with the oil industry. He has already started to Go Green, so surely all his companies will follow this new eco-friendly trend. * Branson’s son may be taking the lead of the company in the future. His statements toward leaving the company in the future and let his son take the lead may be to prepare his entire workforce for this moment. * Even though the Virgin Brand is powerful, Branson’s image is strongly related to the company, so if he decides to go, will the next person in charge be able to maintain the same cultural organisation that has identified this company till now? * To be part of the World history, by becoming the most powerful Brand and Company, not only of the UK, but also Europe and make many other businesses in other Continents. * Become a leader of non-oil industry. His high investment in this area confirms his seriousness about this issue. * Continue investing on more R&D in new and innovative technologies in order to expand the company’s position in entertainment and telecommunications market. He is already the leader in the mobile service due to correct strategy and implementation. * Virgin Galactic may become the leading company to send humans to space, making this company be part of the Humankind History. SOLUTIONS: * So far Branson’s strategy has leaded him to success. He must continue making new alliances and also to strengthen the ones that have been made so far. The strategy used by the Virgin Group, based on Unrelated Diversification has been the key element of success of the company. This strategy has created a unique culture and corporate structure needed to build a strong competitive advantage. * The investment of new R&D technologies may make the difference for this company’s future. It has the potential to become a Giant in the IT area. * Continue gaining competitive advantage over the market by identifying themselves as the fun, playful and innovative company they have been so far. This marketing campaign has helped Virgin Brand to gain loyal customers. * Expand the Virgin Brand into new continents. Select another target markets in the Asian and African continents where surely can form alliances with local markets and gain competitive advantage by the strong growth potential.