Decision Criteria for Deciding a Location for a Business Setup - Business Assignment Help

Assignment Task

1. What are various decision criteria for deciding a location for a business setup? Explain these decision criteria with reference to a location decision for setting up operations of a Large Hospitality Setup (like a Resort. etc).

2. List down briefly the various inventory management techniques prevalent in the industry. Discuss how some of these techniques would be applicable to a Medical Store in effective management of their inventories, i.e medical supplies.

3. Many business organizations have operations in which operations management is a daily and constant process. Managing a Restaurant is one such business, wherein the procurement and managing various resources is a very strategic process. Explain the following concepts (with atleast one example) in Operations of a Restaurant business, and conclude how relevant is it in the business?

a. Define Quality and list and discuss in brief the various dimensions of quality in operations

b. Bill of Material (BOM)

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