Question 1 what is operations management and why is it, Finance Basics

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Question 1 what is operations management and why is it

Write a SHORT essay of 150 words answering the following questions.

Question 1: What is Operations Management and why is it strategically important to firms regardless of their focus on or mix of products?

Question 2: What are the key similarities and differences between SPC and kaizan?

Question 3: What are the two main Six Sigma techniques, and what is intended to target?

Question 4: What is EOQ and why is it a useful tool for managers in operations?

Question 5: What are the key similarities and differences between Gant charts and PERT/CPM techniques?

Question 6: What is JIT, and what are its principle benefits?

Question 7: Contrast and compare economies of scale and learning effects.

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Finance Basics: Question 1 what is operations management and why is it

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Finance Basics: Question 1 what is operations management and why is it

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