Question: Answer the following : 1. Identify three current trends in Operations Management and evaluate their potential impacts on society in future years. 2. Discuss the
Answer the following :
1. Identify three current trends in Operations Management and evaluate their potential impacts on society in future years.
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?
3. What are the advantages and the disadvantages of a qualitative (as opposed to a quantitative) approach to location decision making?
4. What is TQM briefly explain
5. Why is location decision important in an organization
6. Discuss Supply Chain Management in a nut shell
7. Organization must be able to adapt to Industrial Revolution 4.0 to gain competitive advantage. Discuss and explain
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