CONTENTS SECTION ONE STRATEGY, PRODUCTS, AND CAPACITY 1INTRODUCTION.2 Introduction—the Elements of OSCM.3 What Is Operations and Supply Chain Management?.3 Distinguishing Operations versus Supply Chain Processes.4 Categorizing Operations and Supply Chain Processes.6 Differences Between Services and Goods.7 The Goods–Services Continuum.8 Product–Service Bundling.9 Careers in OSCM.9 Chief Operating Officer.10 The Major Concepts that Define the OSCM Field.11 Current Issues in Operations and Supply Chain Management.13 Efficiency, Effectiveness, and Value.14 How Does Wall Street Evaluate -Efficiency?.14 Concept Connections.18 Discussion Questions.19 Objective Questions.20 Analytics Exercise: -Comparing -Companies Using Wall Street -Efficiency.Measures.21 Practice Exam.22 2STRATEGY.23 A Sustainable Operations and Supply Chain Strategy.24 What Is Operations and Supply Chain Strategy?.25 Competitive Dimensions.27 The Notion of Trade-Offs.29 Order Winners and Order Qualifiers: The Marketing–Operations Link.29 Strategies are Implemented Using Operations and Supply Chain -Activities—IKEA’s Strategy.30 Assessing the Risk Associated with Oper-ations and Supply Chain -Strategies.31 Risk Management Framework.32 Productivity Measurement.33 Concept Connections.35 Solved Problem.37 Discussion Questions.37 Objective Questions.37 Case: The Tao of Timbuk.40 Practice Exam.41 3DESIGN OF PRODUCTS AND SERVICES.42 Product Design.43 Product Development Process.44 Product Design Criteria.49 Designing for the Customer.49 Value Analysis/Value Engineering.51 Designing Products for Manufacture and Assembly.52 Designing Service Products.56 Economic Analysis of Product Development Projects.57 Build a Base-Case Financial Model.58 Sensitivity Analysis to Understand Project Trade-Offs.60 Measuring Product Development -Performance.61 Concept Connections.62 Solved Problem.63 Discussion Questions.66 Objective Questions.66 Case: IKEA: Design and Pricing.69 Case: Dental Spa.72 Practice Exam.72 4PROJECTS.73 What is Project Management?.74 Organizing the Project Team.75 Pure Project.75 Functional Project.75 Matrix Project.76 Organizing Project Tasks.77 Network-Planning Models.78 Critical Path Method (CPM).79 CPM with Three Activity Time Estimates.83 Time–Cost Models and Project Crashing.86 Managing Projects.89 Earned Value Management (EVM).91 Project Management Information -Systems.94 Concept Connections.95 Solved Problems.97 Discussion Questions.101 Objective Questions.102 Analytics Exercise: Product Design -Project.108 Practice Exam.109 5STRATEGIC CAPACITY MANAGEMENT.110 Capacity Management in -Operations.and Supply Chain Management.111 Capacity Planning Concepts.112 Economies and Diseconomies of Scale.112 Capacity Focus.113 Capacity Fle
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