Operations Practice Exam
Operations Practice Exam
Operations Management is one of the most important part of an organisation. The professionals working as Operations Manager are responsible to analyse and improve organizational processes and lead activities for the betterment of the company. Also, they formulate strategies, improve performance, and security compliance. This job role is in great demand in the business sector and is full of capabilities and opportunities.
Roles and Responsibilities
Some of the major roles and responsibilities of an operation manager include the following:
- Developing, implementing, and reviewing operational policies and procedures.
- Budgeting, reporting, planning, and auditing department.
- Ensure all legal and regulatory documents.
- Determine the values and mission, and plans for short and long-term targets.
- Work on improving the operational management systems.
- To examine financial data and use them for improving profitability.
- Manage budgets and forecasts.
- Monitor production KPIs.
Who should take this exam?
Anyone with a bachelor’s or master’s degree in business administration or a related field can apply for this exam. Moreover, you need to have a valid professional management degree.
Skills Required
- Outstanding leadership abilities
- Strong analytical skills
- Dispute resolution
- Data entry abilities
- Stress tolerance
Career Prospects
- Supply chain manager
- Administrative service manager
- Plant manager
- Human Resources manager
Table of Content
The Operations Practice exam covers the following topics -
Organizational Operations Management
• What is Operation Management
• Learning Operation Management Evolution
• Learning Key Functions of Operations Management
• Organizational Types and Operation Management
• Learning Operations Strategy
Product and Service Management
• The Product and Service Life Cycle
• Learning NPD, NSD and PSS
• Managing the Mature Products or Services
Supply Chain Management
• The Supply Chain
• Learning Supply Chain Management
• Manufacturing Flow Management
• Bullwhip Effect
• Learning Supply Chain Strategies and Models
• Learning Supply Chain Costs
• Learning Supply Chain Performance Measurement
• Agile Supply Chain Management
Inventory Management
• Learning the types of inventory
• Learning the types of Inventory Costs and Factors affecting Inventory
• Inventory Management Models
• Learning Techniques of Inventory Control
• Inventory Performance Measurement
• Learning Inventory Management Tools
Forecasting
• Introduction to Forecasting
• Learning Forecasting Models
• Weighted Moving Average
• Learning Causal Forecasting Models
• Linear Regression Analysis
• Learning Multiple Regression Analysis
Capacity Management
• Learning Capacity Management Basics
• Learning Capacity Types
• Capacity Planning
• Measuring Capacity
• Learning Capacity Management Strategies
Operations Scheduling
• Objectives and Functions of Operations Scheduling
• Learning Scheduling Basics
• Production Planning and Control
• Learning Master Scheduling
• Aggregate Planning and its Process
• Aggregate Planning for Service Organizations
• Learning Operating Schedule
• Learning Sequencing Rules
• Scheduling Manpower
• Learning Loading and Sequencing
Quality Management
• Learning Quality Basics
• Product vs Service Quality
• Quality Management
• Learning Cost of Quality
• Quality Principles
• Quality Management Methods
• Learning Base Lining
• Benchmarking
• Learning Value Analysis (VA/NVA)
• Learning TQM
• Learning PDCA
• Quality Function Deployment (QFD)
• Learning FMEA
• Learning Six Sigma
• Lean
• Cause-and-Effect Diagram
• Learning CPM/PERT Chart
• Learning Control Charts
• Quality Standards
• Learning Quality Performance Measurement
Facility Management
• What is Facility Management
• Facility Management Functions
• Learning Building Services
• Maintenance Approach
• Preventive Maintenance
• Learning Spare Parts Management
• Reliability and Maintenance
• Learning Facility Location
• Learning Facility Location Planning
• Learning Facility Layout
• Learning Facility Layout Types
• Learning Product Layout Design
• Learning Services Layout Design
