1.5.The Classic View of Operation Strategy Decision Time Horizons .Medium-term decision horizon Impacts of medium-range OS are measured in terms of weeks and months; vInclude demand and requirement forecasting, employment-planning(size&mix),decisions on the distribution of goods,setting up targets for inventory and service level
1.5. The Classic View of Operation Strategy - Decision Time Horizons •Medium-term decision horizon Impacts of medium-range OS are measured in terms of weeks and months; Include demand and requirement forecasting, employment-planning (size & mix), decisions on the distribution of goods, setting up targets for inventory and service level ;
1.5.The Classic View of Operation Strategy Decision Time Horizons Long-term decision horizon Strategy is usually associated with long-term decision; VInclude choosing the timing,the location,and the scale of new manufacturing facilities;addressing groundwork for building proper channel for sales and distribution;and setting up service objects; Require information about the forecast for new and exiting products,the changing patterns of marketplaces,and changes in costs of availability of resources
1.5. The Classic View of Operation Strategy - Decision Time Horizons • Long-term decision horizon Strategy is usually associated with long-term decision ; Include choosing the timing, the location, and the scale of new manufacturing facilities; addressing groundwork for building proper channel for sales and distribution; and setting up service objects; Require information about the forecast for new and exiting products, the changing patterns of marketplaces , and changes in costs of availability of resources
1.5.The Classic View of Operation Strategy Decision Time Horizons o Effects of time horizons on strategy √Impact on decision, The uncertainties on decisions; Penalty for wrong decisions
1.5. The Classic View of Operation Strategy - Decision Time Horizons • Effects of time horizons on strategy Impact on decision; The uncertainties on decisions; Penalty for wrong decisions