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Production Operations Management 1
Production Operations Management 1
CHAPTER 3 FORECASTING
1. How can businesses ensure that their forecasts are accurate and reliable?
2. What are the limitations and challenges of forecasting?
3. How can businesses use forecasting to make strategic decisions and stay
competitive?
2. Management of Planning:
What is the role of planning in effective operations management?
How does the planning process integrate with other functions of the
organization?
What are the different types of planning techniques and tools used in operations
management?
How can effective planning contribute to improved operational efficiency and
customer satisfaction?
3. Quality Control:
What is the importance of quality control in operations management?
What are the different quality control methods and tools available?
How can quality control be integrated into the production process?
What are the strategies for continuous improvement and achieving high-quality
standards?
6. Inventory Management:
Why is effective inventory management crucial for operations?
What are the different types of inventory and their purposes?
What are the techniques and models used for inventory control and optimization?
How can inventory management contribute to cost reduction and improved
customer service?