Location analysis is a dynamic process where the business analyses and compares the appropriateness or otherwise of alternative sites with the aim of ....
The strategic nature of the decision on Plant location, require very detailed analysis due to several reasons. ....
Every business is facing the issue of selecting the suitable location for their factory plant. ....
The creation of goods and services requires changing resources into goods and services.....
Any business, the success predominantally depenps upon the effective production/operations process. ....
The simple transformation model given in the following diagram provides significant understanding and powerful tool for looking at operations in many ....
POM is a functional field of business with clear line management responsibilities.....
Some people, particularly, those professionally involved in operations management, argue that operations management involves everything an organisatio....
Even if you want to specialize in the domains like, finance or marketing, still you have to study a course on Operations Management. ....
An important point to be noted at this section is that operations management deals with set of objectives, which are very broad. ....
The subject Operations management has its own connection with the age old Industrial Revolution, which has started during the late 17th century in Eng....
Operations Management is a field of management science that deals with the design and management of products, processes, services and supply chains. ....
A ratio is a simple arithmetical expression of the relationship of one number to another.....
Set planning standards for stock days, debtor’s days and creditor days. ....
A firm should decide whether or not it should use short-term financing. ....
As already said, there is an inevitable relationship between the sales and the current assets. ....
An important aspect of a working capital policy is to maintain and provide sufficient liquidity to the firm. ....
Working capital in general practice refers to the excess of current assets over current liabilities. ....