Operations II
Issued by
Purdue University Online
Operations Management is the process of organizing, planning and controlling the value adding transformation processes to meet the organization’s goals. Some fundamental activities included in the operations function are: (i) choice of resources such as worker skills, technology, etc. and the organization of resources, (ii) process execution to meet organizational goals, (iii) improving processes over time to remain competitive, (iii) and managing information flows.
Skills
- Flowrate
- Flowtime
- Inventory Management
- Process Capacity
- Uncertainty and Variability
Earning Criteria
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Determine the capacity of a process. Analyze how flowtime, flowrate and inventory are related.
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Recognize the effect of uncertainty and variability on a production system