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Introduction to Operations Management (NWTC)
This operations management textbook provides an introduction to operations strategy, making decisions with financial data, forecasting, strategic capacity planning, process design, facilities, supply chain management, inventory, and just-in-time lean systems.
- Author
- Terri Brown
- Publisher
- Northeast Wisconsin Technical College
- Source
- LibreTexts
- License
- CC BY-NC
- Language
- EN
- Category
- Business Administration
Contents· 70 sections
- 01: Introduction to Operations Management
- 1.01: What is Operations Management
- 1.02: Transformation Process
- 1.03: The Operations Function
- 1.04: Why should I study Operations Management
- 1.05: Development of Operations Management
- 1.06: Producing Goods and Services
- 1.07: Chapter Key Terms
- 02: Operations Strategy
- 2.01: Competitiveness
- 2.02: Strategy
- 2.03: Productivity
- 2.04: End of Chapter Problems
- 03: Making Decisions with Financial Data
- 3.01: Why Does Understanding Costs Matter
- 3.02: Understanding the Cost Equation
- 3.03: Contribution Margin - the Foundation for CVP
- 3.04: Calculate the Break-Even Point
- 3.05: Perform Break-Even Sensitivity Analysis for a Single Product
- 3.06: Perform Break-Even Sensitivity Analysis for a Multi-Product Environment
- 3.07: Understanding the Degree of Operating Leverage
- 04: Forecasting
- 4.01: Introduction to Forecasting
- 4.02: Qualitative Forecasting
- 4.03: Quantitative Forecasting
- 4.04: Causal (Econometric) Forecasting Methods (Degree)
- 4.05: Forecasting Assumptions and Demand Patterns
- 4.06: Time Series Methods
- 4.07: Forecast Accuracy Measures
- 4.08: End of Chapter Problems
- 05: Strategic Capacity Planning
- 5.01: Introduction to Strategic Capacity Planning
- 5.02: Capacity Planning for Products and Services
- 5.03: Defining and Measuring Capacity
- 5.04: Determinants of Effective Capacity
- 5.05: The Sequential Processes and the Bottleneck
- 5.06: Evaluating Capacity Alternatives
- 06: Process Design
- 6.01: Introduction to Process Design
- 6.02: Make-to-order and Make-to-stock
- 6.03: Process Types
- 6.04: Facility Layout
- 6.05: Some important Times to be familiar with-
- 6.06: Process Flowcharting
- 07: Facility Location
- 7.01: Key Factors in Facility Location Decision-Making
- 7.02: Methods for Finding the Best Facility Location
- 7.03: Centre of Gravity Method
- 08: Supply Chain Management
- 8.01: Introduction to Suppy Chain Issues
- 8.02: Managing Main Flows in the Supply Chain
- 8.03: Foundational Elements of Supply Chain Management
- 8.04: Supply Chain Design
- 8.05: The Role of Inventory in the Supply Chain
- 8.06: Logistics
- 8.07: Distribution Management
- 8.08: Communication and Technology in the Supply Chain
- 8.09: Supply Chain Collaboration
- 8.10: Socially Responsible Supply Chain Management
- 09: Inventory Management
- 9.01: Types of Inventory
- 9.02: Inventory Management Models
- 9.03: Relevant Costs
- 9.04: Inventory Models for Certain Demand - Economic Order Quantity (EOQ)
- 9.05: Inventory Models for Certain Demand- Economic Production Quantity (EPQ)
- 10: Just in Time Lean Systems
- 10.01: Lean Manufacturing and Control
- 10.02: Five Core Principles of Lean
- 10.03: Just-In-Time (JIT) Systems
- 10.04: Total Quality Management