Why we need to study Operations Management? To Answer What goods or services should a company offer? What process and what capacity will these products require? What equipment and technology is necessary? Where should the company put its facility? How should the company arrange its facility and material flow? What is the capacity of the employees? Should the company make or buy these products? How much inventory should the company have? 21 Why we need to study Operations Management? To Answer What goods or services should a company offer? What process and what capacity will these products require? What equipment and technology is necessary? Where should the company put its facility? How should the company arrange its facility and material flow? What is the capacity of the employees? Should the company make or buy these products? How much inventory should the company have? 21