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UNIT – I – OPERATIONS MANAGEMENT– SBAA5204

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  • What are the 5 P's of operations management?

    The constituents of the 5P model are: .
    1) Plan, .
    2) Process, .
    3) People, .
    4) Possessions, and .
    5) Profits.

  • What are the 3 types of operations management?

    Levels of Operations Management
    Operations management includes three levels: strategic, tactical, and operational.

  • What are the 4 V's of operations management?

    What are the 4Vs of Operations Management? The 4Vs – the 4 dimensions of operations are: Volume, Variety, Variation and Visibility.
    They can be used to assess all different types of business operations and understand how any why they operate, their key competitive strengths, weaknesses and different approaches.

  • Operations management is the administration of business structure, practices, and processes to enhance efficiency and maximize profit.
    It refers to the management of functions that a business needs to run effectively day-to-day, including: Overseeing multiple departments and providing goals.

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UNIT – I – OPERATIONS MANAGEMENT– SBAA5204