Abstract on a paper titled:
THE
EFFECTIVENESS OF OPERATIONS MANAGEMENT IN THE
MANUFACTURING INDUSTRY.
The fortunes
and hopes of developing economies in as far as rapid growth and improvement in societal welfare and development are concerned; depend largely on the aggregate volume and quality of goods and services produced within the economy. To this extent, the production of goods and services may rightly be described as the soul and life wire of any economy. Hence, the higher the aggregate value of the goods and services produced and the effective usage of factors of production, the healthier the economy. It is in making the economy healthier through efficient production that operations management becomes very important in the production system of any company, since operation deals with the production of goods and services that people buy and use everyday. This project examines the
effectiveness of operations management in
manufacturing industry with the use of some operations research techniques (forecasting, job sequence and inventory model) in achieving production objectives in a more efficient and effective way.
By Egbelakin Rachael Tel: +2348033729516 Email: raytopme@yahoo.com