Op Man
Op Man
Op Man
INTRODUCTION TO OPERATIONS
MANAGEMENT
--ANIRUDH M
1 BCOM CMA
OBJECTIVES
Increased production using the given resources
Increased output for a given input
Good quality products at reduced cost
Increased production within the given time
Good quality resources at reduced cost
(eeconomical)
SCOPE
Models
Quantitative approach
Analysis of tradeoffs
Systems approach
Establishing priorities
IMPORTANCE
Helps to achieve the objectives
Improves the productivity of employees
Improves goodwill of the firm
Able to utilize resources
Improves the motivation of the employees
important to business organisation
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