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Managing Business Operations

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Added on  2022-12-28

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This study focuses on the major approaches to capacity management and the implementation of key performance objectives in managing business operations. It discusses the case of McDonald's and analyzes the challenges faced in operations management. The study also includes the computation of average customer waiting time and suggestions for improvement. Find comprehensive study material and assignments on Desklib.

Managing Business Operations

   Added on 2022-12-28

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Managing Business
Operations
Managing Business Operations_1
Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Determining major approaches which organisation takes within capacity management for
reconciling capacity and overall demand:....................................................................................1
Accessing implementation of key four Ds with context to company..........................................2
Analysing key performance objectives for business operations: ................................................3
Computing average number of time taken of costumer arriving till average time:.....................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
Managing Business Operations_2
INTRODUCTION
Operations management term relates to set of different business tasks which enable to
achieve greater level productivity within operations. This is primarily concerned with operation
comprises transforming materials and labours into a finished product and provision of services
(Gupta and Singh, 2020). This term covers handling key operational challenges as well as
formulating a supportive framework for business operations. In this study-report, Corporation
named McDonald has been selected. Company is leading US fast-food chain and largest in
world. It is mainly known for hamburgers and operating its business through headquarter in the
Oak-Brook, Illinois. The study covers comprehensive analysis of the capacity demands
employed in the capacity management and also discussion on inventory/stock appraisal.
Moreover, study evaluates respective corporation's actual performance objectives along with
employee management. At the end of the study certain major challenges faced within context of
operations management in case of McDonald has been analysed in the study.
MAIN BODY
Determining major approaches which organisation takes within capacity management for
reconciling capacity and overall demand:
Capacity management comprises, of scheduling IT supervision and governance
conducted to manage information infrastructure and to handle data processing through the
operation. The aim of this management would be to offset the costs accrued against resources
and also to balance among supply and demands. For company McDonald's, this is crucial to
execute the framework in an efficient manner, and this contributes to the implementation of
certain tactics, since it is vital to become more inventive in terms of no. of fast-foods outlets
(Babar and et.al., 2019).
There are some considerations which required to be addressed by the company in order to
strengthen maintenance and higher-quality products/services. Here, following are aspects
wherein the organization employs capacity management for monitoring demands and supplies
within organisation-
Demand management- In the context of McDonald's, such tactic was used to establish
an acceptable demand for the inventories of such an item and to connect it straight to the
paying customer. This strategy produces higher profits and a higher level of
1
Managing Business Operations_3

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