Learning Outcomes to be assessed in this assessment
- Identify and solve decision problems related to the various operations functions, like capacity, demand forecasting, project management, and inventory control.
- Differentiate the different techniques and use the appropriate technique in problem solving within operations management.
Answer all the questions using appropriate examples. All the questions carry equal marks (4x20=80)
1. Elaborate the advantages of using capacity management for solving capacity issues in any organization
2. What is forecasting and how does it help in solving problems in an organization
3. Elucidate on using Break even analysis as a mechanism of solving issues in an organization
4. Highlight the key issues faced by a manufacturing company in their day to day operations. Consider taking an example of a manufacturing company in Oman.