Write a paper on Resource/Profit model.

Consider and identify a good or service to which you are familiar. This could be a good or service that the company, which you are employed, offers or a good or service another organization offers.

Conduct research to locate information on the Resource Profit Model (RPM), created by Byron J. Finch. The RPM is a framework that illustrates important elements of Operations Management. Within this model, there are three primary components, to consider: Foundational Success, Components of Value, and Managing Resources to Create Value.

You are tasked with the responsibility of using these three components as a guide to complete this paper. Listing these three above components as subtitles will help aide you in this effort.

In the Foundational Success section, be sure to address

· profitability,

· strategy,

· and value.

Write a paper on Resource/Profit model.

In the Components of Value section, you will need to address the determination of

· cost,

· quality,

· and timeliness.

In the Managing Resources to Create Value section, you will discuss how the resources add value to the products or services.

You will essentially write a seven-page paper about how this good or service fits within the model. Be sure to address each element associated with the model. Using subtitles will help you achieve this.