Revision for MST

BY

Dr. Suwastika Naidu

Review Questions

• Why should one study operations management?

• What are the three basic functions of a firm?

• Mass customisation and rapid product development were identified as current trends in modern manufacturing operations. What is the relationship, if any, between these trends? Can you cite any examples?

© 2011 Pearson Education, Inc.

publishing as Prentice Hall

Review Questions

• Discuss reasons to internationalize operations.

• Describe how an organizations mission and strategy have different purposes.

• How does an operations management strategy change during a products life cycle?

© 2011 Pearson Education, Inc.

publishing as Prentice Hall

Calculations

• Productivity

• Labor productivity and multifactor productivity