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Production and Operations Management

Autumn Semester 2017, Production and Operations Management @D-MTEC, ETH Zurich, Prof. Dr. T. Netland

Autumn Semester 2017, Production and Operations Management @D-MTEC, ETH Zurich, Prof. Dr. T. Netland


Set of flashcards Details

Flashcards 73
Language English
Category Micro-Economics
Level University
Created / Updated 04.01.2018 / 23.01.2020
Licencing No Copyright (CC0)
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Operations management is...

 ... the activity of managing the resources of the organization that deliver goods and services

Where in Porter's Value Chain is Operations located?

SIPOC?

Supplier => Input => Process => Output => Customer

4M (and extensions)?

Man, Machine, Material, Method
 

(Money, Measurement, Milleau)

Market based view?

What does the customer want?

Resource based view?

What can we offer to the customer?

SWOT

SWOT: SW => internal, OT => external, environment

Strength, Weaknesses

Opportunities, Threats

PESTEL

Political, Economic, Social, Technological, Environmental, Legal

=> To study environment