Following are the elements of operation plan: 

(i) Routing: It is a process which determines the exact path a product has to follow right from raw material till its transformation into finished product. 

(ii) Scheduling: It means fixation of time, day, date when each operation is to be commenced and completed. 

(iii) Dispatching: It is the process of initiating production according to pre-conceived production plan. It involves issuing necessary orders instructions, guidelines, etc. 

(iv) Follow-up: It relates to evaluation and appraisal of work performed. A properly planned follow-up procedure is helpful in finding errors and defects in the work. 

(v) Inspection: Inspection is the art of comparing materials, product or performance with established standards. This helps to setup laboratories or evolve methods to ensure predetermined quality of product. 

(vi) Shipping: It describes the flow of goods/services from production to the consumers. It is a detailed presentation by the entrepreneur explaining the chronological steps in completing a business transaction efficiently and profitably.