Functions in Productions Flashcards
1
Q
Include various activities such as the use of facilities, production flow analysis and physical distribution system
A
Process
2
Q
Concern with the determination of optimal output levels for the firm without going over or under production. To achieve this, the company makes a forecast and schedule production operations
A
Capacity
2
Q
Management of level of raw materials, work in process and finished goods inventory; also summarizes the size, quantity, and period of orders
A
Inventory
3
Q
It denotes the production of quality goods and services. This includes tesing quality assurance and cost control
A
Quality
