4 OPERATIONS & PROJECT MANAGEMENT - 4.1 The Nature of Operations Flashcards

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1
Q

Define Production

A

The total measure of the quantity of the output

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2
Q

Define Productivity

A

How efficiently the inputs are converted into outputs

Efficiency is measured

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3
Q

Ways to Increase Productivity?

A
  1. Worker Training
  2. Motivation
  3. Better Machinery
  4. Efficient Management
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4
Q

Define Effectiveness

A

Objectives are met by productively using the inputs to meet customer needs

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