[SOLVED] Develop a listing of what you believe are the most important metrics for operations managers.

We offer all "help with my paper" services e.g. Custom essay writing, Dissertation writing help, Research paper writing, and Term paper writing services at affordable prices. We cover all your paper help needs 24/7.
Get started Order in Chat
97.5
Orders delivered on time
120
Academic disciplines covered
4.9/5
Average rating

Develop a listing of what you believe are the most important metrics for operations managers. (Hint: Be sure to consider the triple bottom line.) How does each metric support the overall financial performance of the organization? What data would be used to support this metric and how would you ensure that the data are of sufficient quality? How does data analytics support your metrics? Be sure to fully explain your rationale for selecting these metrics.

Expert Answer

The most important metrics for operations managers considering triple bottom line are highlighted below. Also, how each metric supports overall financial performance, data used to support the metric and the role of data analytics is explained-

1. Profits from the plant/unit – This is the most important financial metric and the higher the profit is, the better the financial performance of the firm will be with respect to increased revenues and decreased costs.

The data that is required is revenue generated and costs incurred.

2. Overall throughput of the plant – Throughput of the plant determines the productivity of the plant which is linked to the amount of product manufactured, shipped and sold which is directly linked to revenue.

Throughput requires inventory and time data to calculate.

3. Return on Investment – ROI is the return in dollar amount of the investment on the plant and the higher ROI is, the better is the financial performance.

ROI requires investment amount and the profit generated to calculate.

4. Amount of greenhouse gases generated – This is the amount of greenhouse gases generated which impact the environment and is measured in CO2 , CO emissions. Higher the emissions, more will be the cost to reduce them and it negatively affects the financial performance.

This requires the data specific to the amount of various greenhouse gases generated.

5. Employee Retention Rate – This is the percentage of employees retained by the organization in a particular period. Higher the retention rate, lesser are the hiring costs and better will be the financial performance.

This requires the employee exit data over a period of time.

Data analytics helps in capturing and analyzing the data to understand the factors that impact the metrics thus providing a direction on the improvement of the metrics.

 

Quality Guaranteed

With us, you are either satisfied 100% or you get your money back-No monkey business

Too much stress and so little time?
Our experts are ready to help
Place order
Why Choose Us
Expert writers
Our rigorous writer selection procedure ensures that only subject-matter experts with master's degrees and higher work on your assignments.
Confidentiality
Your personal information is not shared with any third parties. Neither do writers have access to it.
Affordable prices
My Paper Support is a cheap do my paper service that offers high quality papers at amazing prices. Our customers enjoy lifetime discounts and other offers
Original content
All papers are written from scratch and plagiarism is not tolerated. We scan all papers for plagiarism using Copyscape, Turniting and Safe Assign
Here's why students opt for MyPaper Support
Hiring a professional "do my paper" service is a guaranteed method of balancing academic, family, and professional demands.
Pressed for time
Better grades
Working smart
Confidentiality
Busy Schedule
We understand that balancing professional and student roles is an onerous task. As a result, we have tailored our services to help you balance the increasing demands without tainting the integrity of our education system. Get your paper done within tight deadlines of up to 4 hours.
Speedy delivery. You will receive your
paper before the deadline.
Get started Order in Chat
Raise the GPA
Our paper writers have helped thousands of students improve their GPA and advance professionally. We have a robust QA team which ensures that no error goes unnoticed. Join us and get that Summa cum laude.
Accurate papers. Your work will be based on reputable
sources that provide factual information on the topic.
Get started Order in Chat
Career growth
Why should you stagnate in one position yet you have the required experience to advance professionally? Most students use our do my paper service to obtain the much-needed papers to complement their experience and advance in career.
Ownership of final product You can use the delivered
samples in any way you choose.
Get started Order in Chat
Professional do my paper service
At MyPaper Support, we take your privacy seriously and that why students love us. No writer has access to your personal information. What happens here, stays here..
Value for money. We will return your money
if you are not satisfied with the result.
Get started Order in Chat
Check Prices
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know that being a student these days is hard. Because of this, our prices are some of the lowest on the market.

Instead, we offer perks, discounts, and free services to enhance your experience.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with My Paper Support
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Professions and Applied Sciences
Amazing work!
Customer 452707, May 29th, 2022
Nursing
Great writing! Really appreciate your help!
Customer 452503, April 22nd, 2021
Nursing
Fantastic work on this project as usual.
Customer 452707, July 5th, 2022
Nursing
Everything was done perfectly. Thank you.
Customer 452707, June 15th, 2022
Human Resources Management (HRM)
Thank you so much.
Customer 452701, August 31st, 2023
Nursing
As usual, the writers do amazing work.
Customer 452707, October 1st, 2022
Human Resources Management (HRM)
Thanks for your support.
Customer 452701, May 10th, 2023
Nursing
Excellent work! Thanks again!
Customer 452707, December 11th, 2022
Psychology
Thgank you
Customer 452905, December 11th, 2022
Nursing
Did not receive paper on time.
Customer 452693, November 9th, 2022
Nursing
Thank you so much. I didn't know where to start and you did an amazing job. Thanks and have a great night.
Customer 452925, March 16th, 2023
Other
NICE
Customer 452813, June 25th, 2022
Enjoy affordable prices and lifetime discounts
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Order Now Order in Chat

Ensure originality, uphold integrity, and achieve excellence. Get FREE Turnitin AI Reports with every order.