Production and Operations Management Systems Chapter 1: Introduction

POM Models

• Models are a way for P/OM to represent and study the real production environment.
• The P/OM input-output model can be written in simple math form,
• where, y is the output; x is the input; f(x) is the transformation of x into y.
• P/OM models also take the form of algorithms.
• Algorithms are logical step-by-step procedures for solving problems.
• Companies often create models which show how to lower costs, improve quality, speed up delivery, enhance productivity, and improve competitive capabilities
• Figures on the next two slides explain more about the inputs and outputs.