Lean Operations And Scheduling

Lean Operations and Scheduling Name Institutional affiliation Lean Operation and Scheduling Introduction Operations management concerns itself with how business organizations work towards achieving efficiency, effectiveness and value. Efficiency implies that the business produces goods or services using the least amount of resources possible. Higher efficiency can be achieved through a variety of strategies such as training, technology and performance measurement. Effectiveness on the other hand refers to the process of producing the right product at the right time and place. Achieving efficiency and effectiveness at the same time may not be possible. Operations manager must therefore decide on what the firm can compromise and what it cannot. The decision is often determined by the companys mission statement. A company employing low cost as its strategy might compromise on quality, while a company whose strategy is luxury might compromise on efficiency. Finally, value is the ration of quality to price. A product with high value offers higher quality at a lower price. Lean management is an approach of ensuring that organizations increases value for the customer. This document looks at the application of lean in two international low cost airlines AirAsia and EasyJet in their attempt to increase value for the