Operations Decision Making - Essay Example

Only on StudentShare

Extract of sample
Operations Decision Making

The relative costs corresponding with technological venture and processing transaction, however, are increasing owing to the complicated channels and technological communications that must be in position to hold up flawless, single framework inventory in the range of distribution networks that subsist now and that will before long emerge in the future. Making matters worse, executives and managers have hardly any means and little support to help them decide when to venture, how much it cost to invest, and how to appraise or assess the trade value to be earned from the venture (Weill, 1991).
This paper examines investment decisive factors and solutions, prioritisation strategies, and corporate-level decision making by hotel managers and executives with regard to information technology (IT) and in the framework of hotel distribution designs. This paper hopes to substantiate the issues considered, the evaluation of methods applied, and the procedures employed to ascertain the level of achievement from such venture and resource distribution decisions that were made with regard to information technology and a hotel company's distribution frameworks.
Tourism ...Show more

Summary

Developing a better direction to the end user is regarded as one means to obtain competitive advantage in any market. In an exceedingly competitive, automated age with innovative techniques and processes to extend to more insistent consumers all over the world, worldwide distribution networks grow increasingly essential to a company's ability to compete and develop a better direction to the end user…
Author : nienowbrianne
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Operations Decision Making"
with a personal 20% discount.
Grab the best paper

Related Essays

Production and operations management: A problem-solving and decision-making approach
Batch production allowed Mobeen to cut expediting cost and speed up the service delivery time which eventually helped the Mobeen to retain its customers, providing following advantages: Pre-prepared products Pre-prepared products are those products which are purchased ready made by suppliers and sold after garnishing.
10 pages (2500 words) Coursework
Group Decision Making
Group decision making provides an effective platform of information sharing and processing helping the members understand the implications related to the context and analyse the situation from different perspective. While interaction and communication play an important role in decision making process in groups, the methods or approach taken to arrive at a final decision varies from one context to another.
7 pages (1750 words) Term Paper
Five Guys Burger
The food chain was started by friends with different high technology backgrounds. They majored on advertising and the business became a major franchisee in the country. They opened their first fast food in Marlborough, Massachusetts. The partners utilized technology as their marketing platform and made their services easily available to customers and contractors.
3 pages (750 words) Essay
Accounting for Decision Making
Analyzing the statements prepared under the absorption system, the company seems to have made a significant improvement in the second quarter. The gross profit margin has improved from 28% in the first quarter to 40% in the second quarter; whereas the net profit margin has increased from 14% in the first quarter to 28% in the second quarter as seen in appended figure 5.
5 pages (1250 words) Essay
Review McDonald's Organizational Chart
In this type of organizational structure, each division concentrates certain operations on a given business area such as product or market. This results in effective measurement of performance per unit, easy removal and addition of units, managers’ attention to organizations’ strategy and enhanced managerial development.
4 pages (1000 words) Assignment
Operations Decision
The business operates both internationally and locally through online business, E-Commerce. The business has of late been experiencing losses due to its poor operations and the stiff competition in the market. The employees most of them are threatening to leave the work owing to poor salaries and poor working conditions.
3 pages (750 words) Essay
Successful Business
The style of the interview was an informal and free flowing. The research question was approached indirectly and there were some other questions asked which were not directly related to the research question. The transcription protocol used the guidelines laid down by Gumperz and Berenz (1993) and Langford (1994).
10 pages (2500 words) Assignment
Business And Ethical Decision Making
Based on the definition, there are two main points, alternatives and values. Decision making depends on one’s core values. Values affect ones attitude towards something, which concurrently affect ones
16 pages (4000 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT