Mention
different management decisions under operations functions.
With in the operations function, management decisions
can be divided into three broad categorized.
Strategic
(long-term) decisions: Operations
management decisions at the strategic level affect the company’s long-range
effectiveness in terms of how it can address its customers’ needs. Thus, for
the firm to succeed, these decisions must be in alignment with the corporate
strategy.
Tactical
(intermediate-term) decisions: At the
next level in the decision-making process, tactical planning primarily
addresses how to efficiently schedule material and labor within the constraints
of previously made strategic decisions.
Operational
planning and control (short-term) decisions: The tactical decisions become the operating constraints under which
operational planning and control decisions are made. Management decisions with
respect to operational planning and control are narrow and short term by comparison.
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