Apply Life Cycle Analysis and discuss one innovation proposal with action items (assumptions for WebApp 715 B-Sim, functional area Innovation) for its implementation in your Team Term Project Part 2.
Discuss one or two of the questions listed in segments A or B below.
A: Functional Area Operations Management and Decision-Making
Explain what operations managers do
Explain the importance of capacity and constrain management in a corporation with the help of short business cases covered in the text book chapter on capacity management
Demonstrate the concept of capacity and constrain management, explained with the help of the production cut-off point (used in the business simulation, functional area “Operations Management”)
In preparation for your TTP Part 2, demonstrate with examples the four process strategies
In preparation for your TTP Part 2, demonstrate with examples the main characteristics of process analysis and design of the microbrewery production system
In preparation for your TTP Part 2, describe the process of brewing and distributing of beer in the new BrewPub and analyze the opportunity for improvement of this process
In preparation for your TTP Part 2, describe how optimization analysis in Solver can help your team preparing and implementing realistic assumptions for key parameters (such as revised prices per products and/or new assumptions for targeted market size per products and fiscal years)
In preparation for the TTP Part 2, describe how you are planning to prepare and present an implementation plan for the new investment project
Explain the process of implementing, managing, and control of the operations management programs with the help of an example related to your TTP Part 2
Operations Management Process & Corporate Business Strategy: explain the horizontal and vertical integration of the decision making with the help of an example from your TTP Part 2
In preparation for your TTP 2, explain your initial plan for selection and application of decision support tools and methods needed for the functional area operations management
TTP is (A conceptual study prepared by a team of consultants who are helping the owner of an existing fictitious restaurant to evaluate the rationale of investing in a new in-house microbrewery)
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