Production And Operation Management

PRODUCTION AND OPERATIONS centering

Running head: pay bump off and Operations Management

Production and Operations Management

Gwen Cash

maestro H.P. Villarreal, Ph. D.

BUS 508, The Business Enterprise

November 9, 2010

PRODUCTION AND OPERATIONS MANAGEMENT

Abstract

This paper will discuss the importance of throttleoline for the nations economy and the factors that influence gasoline prices. It will explain how marathon Petroleum goat overcome the time involved in the production process as well as the human relationship betwixt retail price of gasoline and the price of unprocessed oil. Second, it will explain what Marathon can do to moderate the price at the pump the same without losing profits if sensitive oil outgrowths. Third, it will discuss how US oil companies can remain competitive in the market when over 35% of bad-mannered oil is currently sourced from domestic deep body of water drilling. Finally, it will describe the aftermath from the BP oil spill off the U.S. coast in the Gulf of Mexico and how it has affected Gulf Residents, U.S. gas prices, and the impact it has had on small businesses.

PRODUCTION AND OPERATIONS MANAGEMENT

Explain one possible option that Marathon could squander to reduce the time involved in the production process.





bingle possible solution that Marathon could consider using to reduce the time involved in the production process would be to ensure that controlled loop performances are monitored on a sustained basis rather than periodic audits, this dos reduce maintenance cost, says, rabbit warren Mitchell, product manager for Marathon Process Doctor. This will help optimize production throughput, yield and quality.

Discuss the relationship between the retail price of gasoline and the price of crude oil.

The feature between the price of gasoline in the U.S. and the price of
crude oil in global markets is often ignored in discussions of the impact of higher
energy prices. A given unanticipated increase in the price of...If you want to get a skilful essay, order it on our website: Orderessay



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