Elements of Operations Management Flashcards
Define Inputs and give 3 generic examples
Inputs are the resources necessary to create the good or service. They include things such as raw materials, capital and labour.
Define Processes
Processes are the series of value adding actions performed on the inputs to create the outputs.
Define Outputs and talk about tangibility
Outputs are the final good or service produced by the business. In a manufacturing business they are tangible and can be touched. In a service business they are intangible and cannot be touched.
3 examples of inputs at Yakult
Shirota strain bacteria , Milk powder, Fermentation tanks
3 examples of inputs at Qantas
Flight Attendants, Planes, Computer Systems
2 examples of processes at Qantas
Checking passengers in, Conducting a safety procedure
Output at Yakult
5 pack of ready to consume probiotic drinks
Output at Qantas
Safe arrival at destination with luggage