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Introduction - ❙ scheduling inventory purchases ❙...

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1 What is OPERATIONS MANAGEMENT?
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2 10 Operations Mgt. Decisions 1. Design of Goods and Services 2. Managing Quality 3. Process Strategies 4. Location Strategies 5. Layout Strategies 6. Human Resources 7. Supply Chain Strategies 8. Inventory Management  9. Scheduling 10. Maintenance 
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3 PRODUCTIVITY inputs vs outputs
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4 FORECASTING formula based models determining demand
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5 AGGREGATE SCHEDULING scheduling production based on facilities and  demand forecasted
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6 SUPPLY-CHAIN MANAGEMENT partnerships between purchasing and  suppliers
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7 JUST-IN-TIME SYSTEMS
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Unformatted text preview: ❙ scheduling inventory purchases ❙ system layout ❙ Continuous improvement ❙ “get rid of waste” 8 INVENTORY FOR INDEPENDENT DEMAND ❙ inventory management ❙ how much to order & when to order to minimize costs 9 TOTAL QUALITY MANAGEMENT ❙ maintain standards of excellence 10 QUALITY VIA STATISTICAL PROCESS CONTROL ❙ statistical analysis ❙ is the production process in control? 11 INVENTORY FOR DEPENDENT DEMAND ❙ Materials Requirements Planning 12 The End...
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