STRATEGIC MANAGEMENT

ASSIGNMENT#: 3

ID FULL NAME
AMARA SHABIR

SUBMITTED TO: MS MARIA RASHEED

DATE OF SUBMISSION: 30/11/2018

SESSION OF SUBMISSION: 2018-2019

FOR GRADING:
COMMENTS: MARKS SECURED:
 Operations Strategy
Job Shop

A job shop is a type of manufacturing process in which small batches of a variety of custom
products are made. In the job shop process flow, most of the products produced require a unique
set-up and sequencing of process steps.

Flexible Manufacturing System

A flexible manufacturing system is a method for producing goods that is readily adaptable to
changes in the product being manufactured, both in type and quantity.

Connected batch flow:

Manufacture use the batch process to produce identical or similar units across different work
areas.

Dedicated transfer lines:

Highly automated assembling lines making one mass produced products using the little human
labor. In dedicated transfer lines we achieve more responsiveness.

Mass Production System:

Mass production is the manufacture of large quantities of standardized products, frequently

using assembly line or automation technology. Mass production refers to the production of a
large number of similar products efficiently.

Continuous improvement:

In this method companies empowered cross functional teams to constantly strive to improve
production process. Managers move like coaches than bosses. The result is a large quantity of
product at very low cost, standard goods and services but with high quality.

Mass Customization

Mass customization is the process of delivering wide-market goods and services that are
modified to satisfy a specific customer need.
Modular manufacturing:

Preassembled subassemblies are delivered as they are needed t a company assembly line
workers who quickly piece the modules together into a finished product. In modular
manufacturing skill labor are required.

Net present value

𝐶𝑓1 𝐶𝑓2 𝐶𝑓𝑛

Npv= −𝐶𝐹 + (1+𝑖)1 + (1+𝑖)2 … … … + (1+𝑖)𝑛