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U.5: Operations Management - Coggle Diagram
U.5: Operations Management
5.1.
Introduction to operations management
Role of operations management
5.2.
Operations methods
Batch production
Mass/flow production
Mass customization
Job production
5.4.
Location
Reasons for a specific locations of production
Ways of reorganizing production, nationally and internationally
Outsourcing
Offshoring
Insourcing
Reshoring
5.5.
Break-even analysis
Contribution
Total contribution
Contribution per unit
Break-even chart
Break-even analysis
Break-even quantity/point
Profit or loss
Margin of safety
Target profit output
Target profit
Target price
Effects on changes in price or cost on the break-even quantity, profit and margin of safety
Graphical
Quantitative
Limitations of break-even as a decision-making tool