Different Aspects of Management

Questions:
1. Define sustainability and the "triple bottom line" and how they relate to operations and supply chain management.
2. Explain why the need to focus capacity on a fairly limited set of production objectives is the key to successful production.
3. Large plants can benefit from both economies of scale and learning effects. However, can an economy of scope (flexibility) also be an important variable in assessing competitiveness? Defend your response.
4. Discuss the challenge in managing complexity and variability in support processes associated with service systems design.
5. Describe how OSCM provides a systematic means of observing organizational processes.
6. Discuss how supply chain management is an important focus as companies strive to be as efficient as possible.
7. What considerations must be made when a firm wants to add capacity?
8. Can a learning curve analysis predict future performance for a firm? Defend your response.
9. Explain the difference between make-to-order and make-to-stock.
10. OSCM focuses on the conversion processes of the firm. How does OSCM add value to the customer?
11. Work standards are the foundation of capacity and production planning. Do you agree or disagree with this statement? Defend your response.
12. Provide a complete explanation of the product design process.
13. Discuss the role of an activity map in illustrating the strategic fit of a firm's operations.
14. Discuss how operations and supply chain management has evolved as a field.