Operations Management

Choose a company that you are familiar with or that you feel you can research sufficiently to apply the course material to. The final paper should be a thorough analysis of the company based on its operational strategy, forecasting, quality, statistical measures, capacity planning, location strategy, layout strategy, human resources/job design, inventory management, material requirements plans, and short-term scheduling. In essence, you are to review how the company conducts operations and then analyze their processes to develop rational recommendations for improvement based on the topics covered in this course. The paper should ideally be 7?9 pages in length, plus a title page, a table of contents, and endnotes and references.

The paper should be an application of the course objectives as follows:

?Analyze current events and operations and understand their impact in the organization of production systems and work design.
?Apply the theoretical analysis associated with operating processes and supply chains, including those of service-oriented organizations.
?Apply the concept of control charts, trend analysis, and decision models to the management of operations/production systems.
?Describe the role of operations/production managers.

The paper should cover applicable topics, including forecasting, design of goods and services, managing quality, inventory management, and materials requirements planning. It should apply a graduate student?s level of understanding regarding proper vocabulary and management issues surrounding operations management.

Identify an improvement project in inventory and supply chain operations in your organisation or an organisation you are familiar with.

Describe how this improvement is planned in terms of:

the supply chain planning techniques and technologies to be applied
the project planning approach
the quality improvement approaches used.
Identify any risks associated with this improvement project together with associated mitigating actions you might propose.

Use financial concepts and a range of financial evaluation techniques to inform the decision whether to engage in this project, including examples of:

The differences between capital and revenue expenditure
How costs are classified
How costs are allocated
Application and evaluation of appropriate investment appraisal techniques
Your response should be in the form of a written report of between 1,500 to 2,000 words.