134 operations Flashcards
1
Q
what is operations management
A
the management process, activities, decisions relating to the way goods and services are produced and delivered
2
Q
(+) of operational management
A
-economies of acle
-increased productivity
-innovation/speed
-long term efficiency
3
Q
(-) of operational management
A
-unable to meet demand
-potential loss of market, stock and brand reputation
-increased varibale cost
