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OM - Ch1 - Chapter1 LearningObjectives 1 DefinitionofOM 2...

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Chapter 1.  Introduction to Operation Management
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MNGT 368 – Xun Li 2 Learning Objectives 1) Definition of OM** 2) Role of OM: The core inputs, outputs, and  transformation function of the enterprise** 3) OM decisions*
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3 LO1:  What is OM? What is  Management ? Function 1:  Planning Function 2:  Organizing Function 3:  Leading Function 4:  Controlling What is  Operations Management ? OM is  the business function that  plans,  organizes, coordinates, and controls   the  resources needed to produce a company s goods  and services.    (pp.3)
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4 LO2: Inputs, Outputs, and Transformations The role of OM  (pp.3) To transform a company s inputs into the  finished goods or services.
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5 LO2: Inputs, Outputs, and Transformations
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6 LO2: Inputs, Outputs, and Transformations For OM to be successful, it must (pp.5): Add Value    Value Added
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OM - Ch1 - Chapter1 LearningObjectives 1 DefinitionofOM 2...

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