Unit 5 Operations Management – Business Management HL

Business Management HL Operations Management
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U5: Operations Management

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Cheryl

ib score : 45

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course content

  • 5.1 The Role of Operations Management
  • 5.2 Production Methods
  • 5.3a Lean Production Methods (HL)
  • 5.3b Managing Quality (HL)
  • 5.4a Factors Affecting Location Decisions
  • 5.4b Ways of Re-organizing Production
  • 5.5 Production Planning (HL)
  • 5.6 R&D (HL)
  • 5.7 Contingency Planning & Crisis Management (HL)
  • Lean Production
  • Kaizen
  • JIT Manufacturing
  • Kanban System
  • Andon Control System
  • Cradle-to-Cradle Manufacturing
  • Importance of Quality
  • Managing Quality
  • Traditional Ways of Quality Management
  • Total Quality Management (TQM)
  • Quality Standards
  • Factors Affecting the Location Decision of a Business
  • Qualitative Factors Affecting Location Decisions
  • Quantitative Factors Affecting Location Decisions
  • Outsourcing, Offshoring & Insourcing
  • The Supply Chain Process
  • JIT & JIC Stock Control Systems
  • Stock Control Charts
  • Capacity Utilization Rate
  • Productivity Rate
  • Cost to Buy (CTB) & Cost to Make (CTM)
  • Research & Development (R&D)
  • Adaptive vs. Innovative Creativity
  • Types of Innovation
  • Contingency Planning
  • Crisis Management
Cheryl
Cheryl achieved a perfect 45 in the May 2023 IB exams and is now a Melbourne International Undergraduate Scholar studying Commerce at the University of Melbourne. At university, Cheryl actively participates in consulting engagements, case competitions, and marketing-related projects, gaining practical experience and developing versatile skills.

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