Author Question: Identify and describe key factors operations managers consider when choosing a location for a ... (Read 56 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
Identify and describe key factors operations managers consider when choosing a location for a business facility.

Question 2

Discuss the role of operations management in business.



Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

Operations managers check the adequacy of utilities, which involves ensuring that the supply of electricity is reliable and clean water is available in the location of a business facility. They also consider the adequacy of the land available for a facility along with the cost of the land. They take into account labor market conditions such as the cost of labor and availability of skilled labor. Operations managers also consider whether the location is near customers and suppliers and whether appropriate transportation is available nearby. They also consider the availability of adequate healthcare facilities and the climatic conditions of the location. Moreover, they take into account the local government support and considerations about local taxes, fees, and regulations.

Answer to Question 2

Operations management is concerned with managing all of the activities involved in creating value by producing goods and services and distributing them to customers. When operations managers do their job well, their firms produce the right goods and services in the right quantities and distribute them to the right customers at the right time-all the while keeping quality high and costs low. The decisions of operations managers can have a major impact on a firm's revenues and its costs, and thus on its overall profitability.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library