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Management Of Production And Operations: How Pepsi Company Executes the Productions and Operations - Term Paper Example

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In this paper, the author examines what is production and operations management and how it is carried out successfully by some of the giant companies like Pepsi etc. The author presents a framework for production and operations management and spotlight backing material  …
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Management Of Production And Operations: How Pepsi Company Executes the Productions and Operations
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Download file to see previous pages Production and operation management also incorporates within itself many jobs which are interdependent but at the same time, they can be grouped under the main headings.
APICS The Association for Operations Management defines operations management as "the field of study that focuses on the effectively planning, scheduling, use, and control of a manufacturing or service organization through the study of concepts from design engineering, industrial engineering, management information systems, quality management, production management, inventory management, accounting, and other functions as they affect the organization". (APICS Dictionary, 11th edition).
Operations also include the production of goods and services which is a set of value-added actions that alter inputs into many outputs. (Sean Naughton, 2002). In reality, production and operations management is the alteration of production and operational inputs into outputs which meets the various requirements of consumers.
The essay on Management of Production and Operations will look into the various aspects of production which includes forecasting, capacity planning, distribution, resource utilization, and many other activities.
i) Potential capacity is the task which helps the senior management to make decisions about the growth and development of the business on the whole. This is a long-term decision and it does not influence the day-t0-day management of the business.
ii) Immediate capacity is the production content which can be made available in a short period of time. If it is assumed that this capacity is used productively then it becomes the maximum potential capacity. 
Capacity management has two important constraints – time and capacity. The management will have to plan their productions backward in order to meet their demand which is time constraints.  ...Download file to see next pagesRead More
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