PRODUCTION OPERATIONS MANAGEMENT

Jun 28th, 2015
Studypool Tutor
A. T. Still University
Price: $25 USD

Tutor description

Control is important because planning can be done, Employee can be motivated through leadership and an organizational structure can be created for achievement of goals but there is no assurance that activates is going as planned. Control helps managers to know whether organizational goal are being met and how if they're not being met then what reason of it is.

Word Count: 144
Showing Page: 1/7
Controlling It is a dynamic process , requiringdeliberate and purposeful action in orderto ensure compliance with the plans andpolicies previously developed Planning and controlling are closelyrelatedTypes of control Feed forward control Concurrent control Feed back controlRequirements of effective controlAccuracyTimelinessFlexibilityAcceptabilityIntegrationEconomic feasibilityCorrective actionProcess of control Establishing standards- Time standards/cost standards/ income standards/ marketshare standards/ quality /productivity/ROI/personal Measuring performanceeffort/effectiveness/adequacy/effeciency/processProcess of control Measuring devices- mechanizedmeasuring devices/ratio analyses/personal observation/ Comparing measured performance withstandards Taking corrective actionControl techniquesTraditional and modern control techniquesTraditional control techniquesBudgetaryNon Budgetary controls- personalobservation, statistical data, specialreports, internal audit, ratio analyses,Break even analyses, standard costing.modern control techniques ROI H R accounting- to find out IndividualsExpected Realizable Value. Management audit Responsibility accounting

Review from student

Studypool Student
" <3 it, thanks for saving me time. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1825 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors