Operation Management

trading trading operations Management Section A: 4 mark Each 1. establish the nature and scope of operations care in legal injury of intersection decisions. Ans . Operations trouble is often apply along with product prudence in literature on the subject. It is on that pointfore, helpful to insure 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 exactly any difference between the limits produ7ction management and operations management .But, there are a least(prenominal) two points of peculiarity between performance management and operations management .First, the term production management is more apply for a constitution where tangible goods are produced .Whereas ,operations management is more frequently implement where various inputs are transformed into tangible services .Viewed from this perspective, operations management will cover such services governing as banks ,airlines ,utilities ,pollution control agencies super bazaars, educational institutions ,libraries ,consultancy firm and law departments, in addition ,of course ,to manufacturing enterprises. The second distinction relates to the phylogeny 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 manag ement are used interchargeably . ! mount 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 put in machinery ,purchasing and storing raw material and converting them into saleable products. Added to the above are other related topics such...If you want to get a adequate essay, orderliness it on our website: OrderCustomPaper.com

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