Research the definitions of various production and operations management
Module 1 DQ 1
Research the definitions of various production and operations management terms used in Lecture 1. Perform a literature search on one of these terms. Discuss how this term can impact the ability for an operation to be competitive in the 21st century. Do not use a term posted by another student.
Module 1 DQ 2
Describe the differences between productivity and its subcomponents (total measure productivity, partial measure productivity, and multifactor measure productivity) related to production and operations management success.
Module 2 DQ 1
Discuss an example of a work-related project that is able to be broken down into structure, tasks, subtasks, and work packages, and why project management in the form of a CPM/PERT chart would be cost effective.
Module 2 DQ 2
What are two reasons project management is not well done in corporations? Why? What are some specific examples?
Module 3 DQ 1
Describe the various types of time-series and associative forecasting models. Which types of organizations are each of these most applicable to, and why?
Module 3 DQ 2
Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against? What are some examples from industry?
Module 4 DQ 1
Describe the similarities and differences between TQM and Six Sigma quality-management techniques.
Module 4 DQ 2
Discuss the aspects of Total Quality Management (TQM) and how they apply in service- and product-based businesses.
MGT-455 | Process Design and Capacity Planning
Module 5 DQ 1
Discuss the four types of process strategies and give an example of each. Also, please share any personal industry experiences (if any) with each process strategy.
Module 5 DQ 2
Discuss the differences between utilization and efficiency as measures of system performance. Which (if any) is the most useful measure for an operations manager? Why?