1. What does a company's core processes or core competencies consist of? Why is it important for an operations manager to focus on this concept? Describe potential decisions resulting from this concept.
2. Describe the Value Chain Model and its importance to performance management. Describe the key operations of a commercial airline delivery service. How does the Value Chain Model assist the operations manager to maximize profit and meet customer expectations?
3. Explain the concepts of reengineering (redesigning) of an organization and its purpose. Describe the difference between reengineering and reorganization of a company.
4. Prepare an aggregate plan for the next 2 years for the increased manufacturing of private jets in regards to buildings, equipment, and labor. Using disaggregation, use your total resource numbers from the aggregate plan and provide an annual use expectation for each of the 3 years which will total up to the aggregate planning estimations.
5. Explain the purpose of a Pareto Chart. How can an operations manager use this tool to resolve high frequency problems or issues?
6. In operation management there are three types of planning: operational or tactical (one year) planning, aggregate planning, and strategic planning. Explain what aggregate planning is and the techniques that are used. Compare aggregate planning to operational planning and strategic planning.
7. In operational management, there are requirements to conduct a make or buy decision. Describe what a make or buy decision is and list the advantages of each. Provide an example of a buy decision.
Each question should be minimum 200 words.