Using McDonald's as the corporation, integrate the concepts and operations management principles.
Please help addressing the following questions:
1) How product design is applied in the decision-making of that organization?
2) Can you describe a Product Life Cycles in the organization?
3) How are different issues for Product Development applied in the organization?
Please provide a reference list.
Please see the attachment as a reference for Decision Trees.
See the attachment.
Operations management is concerned with the efficiency and effectiveness of the operation in support and development of the firm's strategic goals; it is also concerned with operation systems designs for providing goals and services. The flow is as follows: planning, scheduling, and activities control.
Historically, operations management was born during the Industrial Revolution, but changed dramatically in the beginning of the twentieth century from an art of standardizing parts to a service of management centered on production of goods (Operations Management, 2007).
Product launches are a crucial part of a company's goal to continually innovate within its industry. This involves careful planning because each new product reflects a considerable amount of capital investment. Product design is one of the important elements in new product development. It progresses through a number of important stages that include market research, internal communications and decision-making processes (Cross).
Below are the steps to product design and development:
- Step 1: Idea Development
All product designs begin with an idea. Someone thinks of a need and a product design that would satisfy it.
- Step 2: Product Screening
Once an idea is developed, it needs to be evaluated. Often a business comes up with numerous product ideas. At this stage we need to screen the ideas and decide which ones have the ...
The solution discusses the operations management product design and life cycle.