SCOPE OF OPERATIONS MANAGEMENT AND DECISION MAKING TOPIC NO. 3

[Audio] SCOPE OF OPERATIONS MANAGEMENT AND DECISION MAKING TOPIC NO. 3 SAGAD HIGH SCHOOL GROUP NENET M. PENARANDA| JENIFER MANZANILLO | LEAH CABANAS| GODOFREDO D. GARCIA JR | JAN MICHAEL GAUIRAN.

[Audio] Contents TOPIC A Career Opportunities TOPIC B. Models TOPIC C. Quantitative Approach TOPIC D. Analysis of Trade-Offs TOPIC E. Establishing Priorities TOPIC F. Degree of Customization TOPIC G Performance Metrics Co TOPIC A Career Opportunities TOPIC B. Models TOPIC C. Quantitative Approach TOPIC D. Analysis of Trade-Offs TOPIC E. Establishing Priorities TOPIC F. Degree of Customization TOPIC G Performance Metrics ntents.

[Audio] process of planning, scheduling, and controlling the operations of an organization. It involves the coordination of people and resources to produce goods and services. OPERATIONS MANAGEMENT OPERATIONS MANAGEMENT is a process of planning, scheduling, and controlling the operations of an organization. It involves the coordination of people and resources to produce goods and services..

[Audio] is the decision-making process about efficiently using resources to produce goods or services. Operations management decisions aim to maximize efficiency while meeting customer needs. Decision-making in operations management Decision-making in operations management is the decision-making process about efficiently using resources to produce goods or services. Operations management decisions aim to maximize efficiency while meeting customer needs..

[Audio] Career opportunities refer to various job options and paths available to individuals within a specific field or industry. They encompass diverse roles, from entry-level positions to advanced career paths, providing individuals with opportunities for growth, development, and advancement in their chosen profession. TOPIC A : CAREER OPPORTUNITIES TOPIC A : CAREER OPPORTUNITIES Career opportunities refer to various job options and paths available to individuals within a specific field or industry. They encompass diverse roles, from entry-level positions to advanced career paths, providing individuals with opportunities for growth, development, and advancement in their chosen profession..

[Audio] CAREER OPPORTUNITIES Operations Research Analyst Operations Manager Quality Control Manager Supply Chain Manager Business Analyst Project Manager CAREER OPPORTUNITIES 1 Operations Manager 2 Supply Chain Manager 3 Project Manager 4 Operations Research Analyst 5 Quality Control Manager 6 Business Analyst.

[Audio] Operations management and decision-making are connected with various models that provide frameworks, methodologies, and tools for analyzing, planning, and optimizing organizational processes. c TOPIC B. MODELS TOPIC B. MODELS Operations management and decision-making are connected with various models that provide frameworks, methodologies, and tools for analyzing, planning, and optimizing organizational processes..

[Audio] Operations management and decision-making Model Operations Research Models: Quality Management Models: focus on improving product and service quality through continuous process improvement. mathematical and analytical techniques used to solve complex problems Rational Decision-Making Model: provide a structured approach Supply Chain Operations Reference(SCOR) Models: Business Process Models: show the sequence of activities and interactions that occur within an organization to deliver products or services. provides a framework for analyzing and optimizing supply chain processes - five key areas: plan, source, make, deliver, and return. Operations management and decision-making Model Operations Research Models: mathematical and analytical techniques used to solve complex problems Supply Chain Operations Reference(SCOR) Models: provides a framework for analyzing and optimizing supply chain processes - five key areas: plan, source, make, deliver, and return. Rational Decision-Making Model: provide a structured approach Quality Management Models: focus on improving product and service quality through continuous process improvement. Business Process Models: show the sequence of activities and interactions that occur within an organization to deliver products or services..

[Audio] A lot of quantitative tools have been developed to aid managers in effective decision-making. These can be broadly classified into several popular groups. TOPIC c : QUANTITATIVE APPROACH TOPIC c : QUANTITATIVE APPROACH A lot of quantitative tools have been developed to aid managers in effective decision-making. These can be broadly classified into several popular groups..

[Audio] Common Quantitative Approaches In These Fields: Linear Programming (LP) Linear programming is a mathematical technique used to optimize the allocation of resources to achieve specific objectives. It involves formulating a mathematical model with linear relationships and constraints to maximize or minimize an objective function, such as profit or cost. Common Quantitative Approaches In These Fields: Linear Programming (LP) Linear programming is a mathematical technique used to optimize the allocation of resources to achieve specific objectives. It involves formulating a mathematical model with linear relationships and constraints to maximize or minimize an objective function, such as profit or cost..

[Audio] common quantitative approaches in these fields: Queuing Theory Queuing theory is the study of the movement of people, objects, or information through a line. Studying congestion and its causes in a process is used to help create more efficient and cost-effective services and systems. It involves mathematical modeling of queuing systems to analyze factors such as arrival rates, service rates, queue length, and waiting times. Queuing Theory Queuing theory is the study of the movement of people, objects, or information through a line. Studying congestion and its causes in a process is used to help create more efficient and cost-effective services and systems. It involves mathematical modeling of queuing systems to analyze factors such as arrival rates, service rates, queue length, and waiting times..

[Audio] Inventory Models Inventory models use mathematical techniques to determine the optimal inventory levels and reorder points for managing inventory effectively. Inventory Models Inventory models use mathematical techniques to determine the optimal inventory levels and reorder points for managing inventory effectively..

[Audio] Simulation This involves creating computer models to mirror real-world systems and analyze their behavior under different scenarios. Simulation allows decision-makers to experiment with various parameters and evaluate the impact of different decisions on system performance. Simulation This involves creating computer models to mirror real-world systems and analyze their behavior under different scenarios. Simulation allows decision-makers to experiment with various parameters and evaluate the impact of different decisions on system performance.

[Audio] Decision Trees Decision trees are graphical models that represent decision-making scenarios and the possible outcomes associated with each decision alternative. They are used to analyze decision problems under uncertainty and evaluate the expected value of different courses of action. Decision Trees Decision trees are graphical models that represent decision-making scenarios and the possible outcomes associated with each decision alternative. They are used to analyze decision problems under uncertainty and evaluate the expected value of different courses of action..

[Audio] Statistical Analysis It involves the use of statistical techniques to analyze data, identify patterns, and make predictions or inferences. Statistical Analysis It involves the use of statistical techniques to analyze data, identify patterns, and make predictions or inferences..

[Audio] In the context of school administration, the principle of decisions and trade-offs being directly connected suggests that when making strategic decisions, administrators must be prepared to compromise on certain aspects to achieve the best overall outcome for the school c TOPIC D. Analysis of Trade-Offs TOPIC D. Analysis of Trade-Offs In the context of school administration, the principle of decisions and trade-offs being directly connected suggests that when making strategic decisions, administrators must be prepared to compromise on certain aspects to achieve the best overall outcome for the school.

[Audio] principle of decisions and trade-offs Resource Allocation One common area where trade-offs are necessary is in resource allocation. Schools often have limited budgets, so administrators must make decisions about how to allocate funds among various needs such as purchasing educational materials, maintaining facilities, and offering extracurricular activities. principle of decisions and trade-offs Resource Allocation One common area where trade-offs are necessary is in resource allocation. Schools often have limited budgets, so administrators must make decisions about how to allocate funds among various needs such as purchasing educational materials, maintaining facilities, and offering extracurricular activities..

[Audio] Curriculum and Programming Schools may need to make trade-offs when designing curriculum and extracurricular programs. For example, if the school wants to introduce a new STEM program, administrators may need to reallocate resources from other programs or subjects. Curriculum and Programming Schools may need to make trade-offs when designing curriculum and extracurricular programs. For example, if the school wants to introduce a new STEM program, administrators may need to reallocate resources from other programs or subjects..

[Audio] Staffing Decisions Another area where trade-offs come into play is in staffing decisions. Administrators may need to balance factors such as available items of teachers, class sizes, and support staff positions. Staffing Decisions Another area where trade-offs come into play is in staffing decisions. Administrators may need to balance factors such as available items of teachers, class sizes, and support staff positions..

[Audio] Infrastructure and Facilities When planning upgrades or renovations to school facilities, administrators must consider trade-offs between cost, functionality, and aesthetics. Infrastructure and Facilities When planning upgrades or renovations to school facilities, administrators must consider trade-offs between cost, functionality, and aesthetics..

[Audio] Policy Implementation Schools often have to implement policies that affect various stakeholders, including students, teachers, parents, and the community. Administrators must navigate trade-offs between competing interests and values when developing and implementing these policies. Policy Implementation Schools often have to implement policies that affect various stakeholders, including students, teachers, parents, and the community. Administrators must navigate trade-offs between competing interests and values when developing and implementing these policies..

[Audio] Prioritization is fundamental in operations management as it determines where resources such as time, money, and manpower should be allocated. Priorities in an educational setting can encompass various aspects TOPIC E. ESTABLISHING PRIORITIES TOPIC E. ESTABLISHING PRIORITIES Prioritization is fundamental in operations management as it determines where resources such as time, money, and manpower should be allocated. Priorities in an educational setting can encompass various aspects.

[Audio] OPERATIONS MANAGEMENT PRIORITIES Academic Excellence Student Well-being Safety Resource Allocation Community Engagement OPERATIONS MANAGEMENT PRIORITIES Community Engagement Resource Allocation Safety Student Well-being Academic Excellence.

[Audio] The degree of customization refers to the extent to which products or services are tailored to meet the specific needs and preferences of individual customers. The degree of customization in education refers to the extent to which instructional methods, curriculum, and support services are tailored to meet the diverse needs of students. c TOPIC F. DEGREE OF CUSTOMIZATION TOPIC F. DEGREE OF CUSTOMIZATION The degree of customization refers to the extent to which products or services are tailored to meet the specific needs and preferences of individual customers. The degree of customization in education refers to the extent to which instructional methods, curriculum, and support services are tailored to meet the diverse needs of students..

[Audio] Decisions about customization may involve the adoption of technology tools and educational resources that can adapt to individual student learning paths and provide personalized feedback Personalized Learning Approaches Differentiated Instruction Flexible Learning Environments Technology Integration Cultural and Linguistic Diversity Decisions about customization may involve the adoption of technology tools and educational resources that can adapt to individual student learning paths and provide personalized feedback Personalized Learning Approaches Differentiated Instruction Flexible Learning Environments Technology Integration Cultural and Linguistic Diversity.

[Audio] Performance metrics are quantifiable measures used to assess the effectiveness and efficiency of an individual, team, or organization in achieving their objectives. They provide valuable insights into performance trends, strengths, and areas for improvement, guiding decision-making and strategy development. TOPIC G: Performance Metrics TOPIC G: Performance Metrics Performance metrics are quantifiable measures used to assess the effectiveness and efficiency of an individual, team, or organization in achieving their objectives. They provide valuable insights into performance trends, strengths, and areas for improvement, guiding decision-making and strategy development..

[Audio] key concepts related to performance metrics: Key Performance Indicators (KPIs): Production efficiency, quality control, delivery times, cost-effectiveness Comparing against industry standards for improvement targets. Benchmarking: Balanced Scorecard: Financial and non-financial metrics for a comprehensive view. Data-driven Decision Making: Leveraging data for objective operational insights. Efficiency Metrics: Cycle Time, Utilization Rates, Productivity Ratios. Continuous Improvement: Iterative process for enhancing processes. Quality Metrics: Defect Rates, Customer Satisfaction Scores. Supply Chain Risk, Inventory Turnover for Operational Continuity. Risk Metrics: Decision Support Systems (DSS): Data analytics for strategic decision-making. Adaptive Decision Making: Adjusting strategies in dynamic markets. key concepts related to performance metrics: Key Performance Indicators (KPIs): Production efficiency, quality control, delivery times, cost-effectiveness Balanced Scorecard: Financial and non-financial metrics for a comprehensive view. Efficiency Metrics: Cycle Time, Utilization Rates, Productivity Ratios. Decision Support Systems (DSS): Data analytics for strategic decision-making. Benchmarking: Comparing against industry standards for improvement targets Data-driven Decision Making: Leveraging data for objective operational insights. Continuous Improvement: Iterative process for enhancing processes. Risk Metrics: Supply Chain Risk, Inventory Turnover for Operational Continuity. Adaptive Decision Making: Adjusting strategies in dynamic markets..

[Audio] "Operations keeps the lights on, strategy provides a light at the end of the tunnel, but project management is the train engine that moves the organization forward." - Joy Gumz SAGAD HIGH SCHOOL GROUP NENET M. PENARANDA| JENIFER MANZANILLO | LEAH CABANAS| GODOFREDO D. GARCIA JR | JAN MICHAEL GAUIRAN "Operations keeps the lights on, strategy provides a light at the end of the tunnel, but project management is the train engine that moves the organization forward." - Joy Gumz.

[Audio] THANK YOU THANK YOU. THANK YOU.