Introduktion Flashcards
What is the primary concern of the Industrial Management part of the course?
Optimizing resources and making decisions to improve an organization’s overall performance.
What are the three main goals of overseeing operations in an organization?
Maximizing productivity, minimizing costs, and ensuring high-quality output.
Why should operations be scientifically managed?
To improve efficiency, optimize resource use, ensure data-driven decision-making, and promote continuous improvement.
Who is scientific management principles often associated with?
Frederick Taylor.
What are three ways scientific management improves productivity?
Identifying inefficiencies, eliminating wasteful practices, and streamlining processes.
What is productivity a measure of?
The performance that compares the output of a product with the input (resources) required to produce it.
What types of inputs are considered when calculating productivity?
Labor, equipment, or money.
How can productivity be calculated?
output / input.
What does scientific management encourage regarding procedures?
The establishment of standardized procedures and best practices.
List three benefits of standardization in operations.
Ensures consistency, reduces errors, and enhances product or service quality.
What does scientific management rely on for decision-making?
Data and facts rather than intuition or guesswork.
What three things can organizations do by collecting and analyzing data?
Make informed decisions, set realistic goals, and monitor progress.
What does effective scientific management ensure regarding resources?
The optimal utilization of resources, including labor, materials, and equipment.
What two benefits come from optimizing resource utilization?
Minimizing waste and maximizing return on investment.
What key concept is scientific management rooted in?
Continuous improvement.
Why are organizations that manage operations scientifically more successful?
They can identify areas for improvement and implement changes to stay competitive.
Why is continuous improvement important in today’s business environment?
Organizations need to adapt quickly to changing market conditions, technologies, and customer preferences.
How do scientific management principles help organizations in a dynamic business environment?
They foster adaptability and agility.
