Business Plan
Every day, we encounter situations in our homes, workplaces, and communities which could be improved by applying concepts from operations management.
1. Identify a specific problem that you have encountered in operations.
2. Describe the circumstances and consequences of the problem.
3. Analyze the problem by collecting data and modeling the system.
4. Develop a solution to the problem which is innovative and practical.
5. Evaluate the benefits of improved performance.
NOTE: Examples would be serving food at a large party, developing a new product to take advantage of excess production capacity, reducing wait times at a doctor’s office, or reducing excess inventory. You can write about a specific business or other location in your community.
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APA
4718 words