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Unit 4 - 488 - Assignment 2 Frontsheet (Individual)

This document is the front sheet for Assignment 2 of a BTEC Level 4 HND Diploma in Business unit on management and operations. It includes information such as the student's name and ID, assessor name, class, submission dates, and grading criteria. The assignment asks students to discuss key theories of operations management, including six sigma and lean production. Six sigma aims to eliminate errors and defects to improve quality, while lean production focuses on cutting waste and ensuring efficiency and responsiveness to customer needs.
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0% found this document useful (0 votes)
72 views4 pages

Unit 4 - 488 - Assignment 2 Frontsheet (Individual)

This document is the front sheet for Assignment 2 of a BTEC Level 4 HND Diploma in Business unit on management and operations. It includes information such as the student's name and ID, assessor name, class, submission dates, and grading criteria. The assignment asks students to discuss key theories of operations management, including six sigma and lean production. Six sigma aims to eliminate errors and defects to improve quality, while lean production focuses on cutting waste and ensuring efficiency and responsiveness to customer needs.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ASSIGNMENT 2 FRONT SHEET

Qualification BTEC Level 4 HND Diploma in Business

Unit number
Unit 4: Management and Operations (488)
and title

Submission Date received (1st


date submission)

Re-submission Date received (2nd


date submission)

Student
Student ID
name

Class Assessor name

Student declaration
I certify that the assignment submission is entirely my own work and I fully understand the consequences of
plagiarism. I understand that making a false declaration is a form of malpractice.
Student’s signature: Date:
Grading grid

P P P M M D
4 5 6 3 4 2
 Summative Feedbacks:  Resubmission
Feedbacks:

Grade: Assessor Signature: Date:


Internal Verifier’s Comments:

Signature & Date:

* Please note that grade decisions are provisional. They are only confirmed once internal and external
moderation has taken place and grades decisions have been agreed at the assessment board.
I. Operations and operations management
1. Key theories of operations management

Operations management (OM) is the business function responsible for managing the
process of creation of goods and services. It involves planning, organizing, coordinating, and
controlling all the resources needed to produce a company’s goods and services. Because
operations management is a management function, it involves managing people,
equipment, technology, information, and all the other resources needed in the production
of goods and services. Operations management is the central core function of every
company. https://www.informit.com/articles/article.aspx?p=2167438

 Six sigma
Six Sigma is a methodology for improving the quality of operations management by
eliminating errors and defects, reducing cost, and saving time. It is primarily intended for
high-end engineering and manufacturing, where companies seek "six sigma" quality (fewer
than seven defects per million), but it can be adopted for other product and service
industries. It is expensive to implement, but, done properly, pays for itself and makes
companies into industry leaders and Centers of Excellence.
https://toughnickel.com/business/What-is-Six-Sigma-in-Operations-Management

 Lean production
Lean production is an approach to management that focuses on cutting out waste and
ensuring quality by making the business more efficient and responsive to market needs. It
can be applied to all aspects of a business – from design, through production to distribution.
This approach sets out to cut out or minimise activities that do not add value to the
production process, such as holding of stock, repairing faulty product and unnecessary
movement of people and product around the business.
https://www.tutor2u.net/business/reference/introduction-to-lean-production

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