Question: 1. Briefly describe the five operations management process types and give examples related to each type. Define and compare a product layout versus a process

1. Briefly describe the five operations management process types and give examples related to each type. Define and compare a product layout versus a process layout. Additionally define and explain what is meant by the term Cellular Manufacturing. What are example for this?

2. Define and describe what is meant by the term Supply Chain. Discuss the key issues of Supply Chain management? Discuss whether supply chain management is different for companies manufacturing products as opposed to delivering services. Additionally, discuss the importance of RFID for supply chain management. Support your answer with examples.

3. Effective company administration includes the establishment and implementation of a well-defined set of policies covering the ethical behavior of all employees and the assurance that effective internal controls are in place. Discuss the purpose of establishing and enforcing these policies in terms the responsibilities of the Board of Directors and the reduction of operating and financial risk.

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