Business Finance Homework Help

Module 1: The Production Process

Operations is the engine that drives a business. This module focuses on the heart of that engine: managing the production process. (12 Turns). Please go to the assignment titled Unit 2 – Simulation for instructions on how to access the simulation.

Within the Discussion Board area, write 200-300 words that respond to the following with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. Using what you learned in the game module, please explain the following aspects of a production process:

• Provide an overview of what a manufacturing process is and how it is organized.
• Explain the concepts of setup time, utilization time, production scheduling, and bottlenecks in a simple manufacturing process and what the role of the operations manager is.