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Managing Business Operations

   

Added on  2022-12-29

8 Pages2071 Words52 Views
Managing Business
Operations
Managing Business Operations_1
Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Determining approaches that organisation take for capacity management to reconcile capacity
and demand..................................................................................................................................1
Access the implementation of four Ds by company....................................................................2
Analysing performance objective for operations for the firm ...................................................3
Calculating average number time taken of costumer arriving till average time..........................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
Managing Business Operations_2
INTRODUCTION
Operations management refers to business practice that create highest level of efficiency
and concerned with converting material and labour into productive goods and services as
possible. It involves in handling certain issues and implementing the structure (Christopher and
Holweg, 2017). In this report the company is Mcdonald which is American fast-food is one of
the largest world known for its hamburgers and headquarter in Oak Brook, Illinois. Topic
covered in this report are proper analysis of capacity demand used in capacity management and
inventory appraisal is being studied. Evaluating company's performance objective and employee
management according to the organisation perspective. Apart from that certain challenges related
to the Covid-19 for the operations management in McDonald is being analysed in this report.
MAIN BODY
Determining approaches that organisation take for capacity management to reconcile capacity
and demand
Capacity management consist of planning, IT monitoring and administration that is
undertaken to ensure information technology and handling data processing across the service.
The goal of this management to balance the cost that incurred against the resources and balances
out supply and demand (Danese, Molinaro and Romano, 2018). For the McDonald, it is
necessary to operate the system in effective manner and that leads to application of certain
strategies as increasing in the number of fast food outlet it become necessary to be more
innovative. There are certain factors that need to be considered by organisation to improve the
maintenance and high- quality products and services. Following are the ways through which
company uses capacity management to control demand and supply in the organisation are as
follows-
Just-in-management (JIT) – This refers to the inventory and production management
approach that is used to reduce the cost of production due to decrease inventory levels.
The key aspect of JIT is to use “pull” strategy to control the demand and supply. This
approaches used by company and has essential process of production as it uses the
system that gain substantial efficacies through numerous deliveries and cater
spontaneous demand in food production chain. Through this system they effectively used
the method to accurately monitor the demand and supply in the management. This is
1
Managing Business Operations_3

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