AOS 3 Operations Management

Question 0

Define materials management.

Answer 0

Is one of the operations Strategies used by operations managers to oversee the use of storage and delivery of necessary materials. This is to ensure the correct amount of inputs are available when required for the business to use to make the product or provide the service.

Question 1

Define Supply Chain

Answer 1

Supply chain is the range of suppliers from which the organisation purchases its materials. It also considers the efficiency of delivery, stock use and rate of uniform quality. This is important for the business to continue operations effectively and without problems from inefficient suppliers.

Question 2

Define productivity.

Answer 2

Is the amount of inputs required for outputs. Productivity can be improved by reducing the amount of inputs required to retain or increase the outputs.

Question 3

Define operations management.

Answer 3

Operations management is the responsibility of managers engaged to production of goods or provision of services. It is concerned with overseeing the process that transforms resources into finished goods and services to satisfy customer demand.