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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


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