4 OPERATIONS & PROJECT MANAGEMENT - 4.1 The Nature of Operations Flashcards
1
Q
Define Production
A
The total measure of the quantity of the output
2
Q
Define Productivity
A
How efficiently the inputs are converted into outputs
Efficiency is measured
3
Q
Ways to Increase Productivity?
A
- Worker Training
- Motivation
- Better Machinery
- Efficient Management
4
Q
Define Effectiveness
A
Objectives are met by productively using the inputs to meet customer needs
