introduction to operations and management Flashcards

1
Q

what is operations

A

are the processes by which people ,capital and material are combined to produce the services and goods consumed by the public (output)

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2
Q

the outputs of the operation should be worth more to the consumer than the total cost of the inputs in true or false

A

true

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3
Q

what are services

A

are intangible products and goods are physical products according to classification schemes used by the u.s

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4
Q

what is manufacturing

A

is specific term referring to the production of goods

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5
Q

what is product

A

is used to refer to services or goods

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6
Q

operations are part of private sector only

true or false

A

false

and public sector

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7
Q

some operations classified as services but actually provides both services and goods
true or false

A

true

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8
Q

what is operations management

A

is decision making involving the design ,planning and control of the many factors that affect operations

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9
Q

what is the factors of success

A

if an organization can produce and deliver high quality with low cost products that meet customer needs and if it cam do so in a timely manner

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10
Q

what is the similarities between goods and services

A

both are concerned with product improvements

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11
Q

what is the important difference between

A

a good is tangible and services is not
services operation cannot inventory finished goods
because a good is tangible the product designer must deal with physical characteristics

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12
Q

what is the formula of the price

A

cost of the product +profit =price

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13
Q

what is technology

A

is the application of knowledge usually in the form of recently developed tools processes and the procedures to solve problems

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14
Q

what is the product design

A

is the determination of characteristics features and performance of the product

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15
Q

what is the product technology

A

is the application of knowledge to improve the product

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16
Q

what is operation management

A

is only one part of the organization which in turn is a part of larger economic and government system

17
Q

what is the system

A

is a group of items events or actions in which no items event or action occurs independently

18
Q

the product design and manufacturing are parts from what

A

operations

19
Q

subsystems as marketing and finance is functional areas

true or false

A

true

20
Q

what is strategy

A

consistence of organizational goals and the methods of implementing the goals

21
Q

what is key policies

A

are the methods of implementing the goals

22
Q

what is plan

A

is a list of actions that management expects to take

23
Q

what is the organizational structure

A

is the formal relationship between different functions or subsystems

24
Q

what is the steps of producing the product

A

market research —>product and process design –>resource acquisition –>production –>marketing and distribution ———–>customer–>market research

25
Q

what is the organization should have

A

strategy
key polices
structure

26
Q

what is the operating budget

A

is part of the product plan it include estimates of the costs of the material ,labor and other facilities necessary to meet the forecasted production goal

27
Q

what is the capital budget

A

is the organization plan for spending money to improve facilities

28
Q

what is designing the system

A

includes all decisions necessary to establish the facilities and information systems required to produce the service and goods

29
Q

what is the planning the system

A

relates to the way in which the organization expects to use physical facilities people and material to meet the estimated demand

30
Q

what is managing and controlling the system

A

include executing production plans and measuring ,evaluating and providing feedback on performance