Assignment:
Create a 3-4 page Word document with double spacing, 12-point Times New Roman font, and one-inch margins
Operations Management Short Paper
Explore the below content deeper and apply key concepts and theories.
Evaluate the influence of operations functions on generating value for a firm and its customers
Explain theories and techniques used by operations managers for informing production processes
Accurately apply problem-solving and decision-making skills to real-world problems using quantitative and qualitative methodologies
Integrate emerging principles into operations management functions by addressing corporate responsibility and environmental sustainability
Develop a listing of what are the most important metrics for operations managers.
How does each metric support the overall financial performance of the organization?
What data would be used to support this metric and how would you ensure that the data are of sufficient quality?
How does data analytics support your metrics?
Be sure to fully explain your rationale for selecting these metrics.