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Describe the nature of operations management in the following organizations....

Group Assignment

1. Describe the nature of operations management in the following organizations. In doing this, first identify the purpose and products of the organization; then use the four decision types of process, quality, capacity and inventory to identify important operations decisions and responsibilities.
i. A college library
ii. A hotel
iii. A small manufacturing
2. A manufacturing company purchase 9000 parts of a machine for its annual requirements ordering for month usage at a time, each part costsN20. The ordering cost per order isN15 and carrying charges are 15% of the average inventory per year. You have been assigned to suggest a more economical purchase policy for the company. What advice you offer and how much would it save the company per year?

Apr 10 2020 View more View Less

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