Operations Management Quiz #1 Flashcards
what are the 3 functions of a business organization
finance, operations, and marketing
operations management with tqm
strategy of the role of production and operation
creation of products and services
production
raw materials to product
input to output
types of productions (3)
seperation, modification, and assemply
seperation
achieve to extraction/ seperation of raw materials
modification/ improvement
it involves changes in chemical/ mechanical parameters of raw materials without altering the attributes of materials
example of assembly
ballpen car
what is operations management
set of activities that creates value in the form of goods and services by transforming input to output
what does operations manager do?
look into the processes and operations
difference to the cost of inputs and and price value of outputs
value added
what is the output of production management
manufacturing of products
what is the output operations management
product and service
usage of output in production management and operation management
pm - product om- service
pm requires capital equipment but less labor while om requires more labor less equipmentt
classification of work
