Course notes Operations management

A lot of things we do, activities such as analyzing, does not lend value. Inventory Is a big non-value added activity, If you have two Items (toasters) where one has been at that place for long and the other Is fairly new. As a customer you deficiency the new one. As a manager for the store, the old one be more because you have to store it. Exercise What is the input, what is the transformation and finally the siding? Accountants the transformation Is they are doing audits, financial statements etc.The infix Is raw data and the fruit is audited financial statements. Telecommunication companies the transformation Is transmission of data, the Input is data and the end product is data as well. System example Restaurant Objectives make bills essentially, fast food or exclusive? Elements tables, servers, waiters, wine experts, chefs etc. Input customers Transformation you feed the customers In an environment they find agreeable. Output slaked customers Feedback Are we making mone y? They also use Customer cheer services.Restaurant Political, Legal permits, alcohol permits, hourly wages, is tips Included? Economical Price of food, damage of dollar. Social what persona of food people eat. Technological systems to communicate with the kitchen, monastic order or reservations through internet. Ecological recycling. Example strategic, tactical and operational decisions. Strategic what type of cuisine? The limit, how many tables for which demand? Tactical decision what type of employees should I recruit? Operational decisions