While general motors has a high volume, mid variety, low variation, low visibility profile, zenvo automotive on the other hand has a low volume, low variety, high variation and low visibility the strength and weaknesses of individual operational processes is highlighted below. This video looks at the processes in operations management, in particular the influence of volume, variety, variation in demand, and visibility. What is operations management study play opm volume, variety, variation and visibility customers ability to see or track their experience or order through the operations process eg high visibility would be a courier companies tracking process/ retail store where you could pick up.
Examine the impact of the 4 v’s (volume, variety, variation, visibility) on the design of operational processes illustrate with at least 2 examples from operations you are familiar with and evaluate how successful the design of these operations is and whether there is any room for improvement. Volume variety variation visibility volume-variety and design in chapter 1 the four v’s of operations were described these were volume, variety, variation and visibility the first two of these – volume and variety – are particularly important when considering design issues in operations management. But to understand the whole operations process we need to understand the four v’s - volume, variety, variation in demand and visibility (johnston et al, 2014) it becomes very important as all the operation processes take input like raw materials, ideas, time and equipment to transform into outputs.
The implications of the four v’s all four v’s have implications for the cost of creating the product or servicehigh volume, low variety, low variation and low visibility help to keeptransformation costs down – conversely willlow volume, high variety, high variation and high visibility carry a costpenalty for the transformation process. This pattern includes these dimensions: volume, variety, visibility, variation, and velocity how much total volume of products does the customer want how much variety does the customer want in terms of size, type, model, color, or configuration. Operations management lesson 2 exercise take two processes with different volume and variety characteristics profile these processes and establish the process choice and layout decision they have taken. This feature is not available right now please try again later.
Typfour vs'volume,variety,variation,in demand and visibilitye your question title here 3 answers below » four vs'volume,variety,variation,in demand and visibility consider the importance of ‘the four vs, volume, variety, variation in demand and visibility. The 4 vs of operation management posted on january 21, volume, variety, variation and visibility 1 the volume dimension a great example of this can be seen by looking at a fast food giant, such as mcdonalds they are a well known example of high volume low cost hamburger and fast food production. Number of dimensions – namely: volume, variety, variation in demand and visibility n the volume dimension involves the systematisation of work, whereby standard processes are set out in an operations manual the implication of such structuring is that it gives a lower unit cost, since fixed.
Operations typically differ in terms of volume of output, variety of output, variation in demand or the degree of ‘visibility’ (ie, customer contact) that they give to customers of the delivery process. The cost of producing products and services is influenced by the 4 v’s: -volume -variety -variation -visibility if managed properly, high quality, high speed, high dependability and high flexibility can not only bring their own external rewards, they can also save the operation cost. Chapter 1 operation management 4- the degree of visibility - which customers have of the production of the product or service - high volume, low variety, low variation and low customer-contact all help to keep down processing cost - low volume, high variety, high variation and high customer-contact generally carry.
The maximum limit to the volume of product or service an organisation can produce, in a given timescale and bound by its • degree of variety required from the process eg to flexibility match products or • demand variation eg seasonal demand could exist • customer visibility eg the level of visibility by a customer when an. Every company operates somewhat similar but in terms of the four (4) v’s they differ the four (4) v’s of operational management are volume, variety, variation and visibility. The ultimate lowest processing cost requires high volume, low variety, low variation and low visibility (matopoulos, 2013) the airlines experience high volume, high variety, in most.