Operations System Flashcards
Unit 3 outcome 3
What are inputs?
inputs are the resources used in the production of the goods or services. This can include materials, facilities, machinery/equipment, Human labor, time and information.
What are the processes?
Processes are the process used to produce the goods or services.
What are outputs?
The final good or service produced good.
What is a manufacturing business?
Manufacturing businesses are often the businesses where outputs are tangible and can be stored. Customers are rarely involved in the production process and heavily relies on heavy machinery and equipment.
What is a service business?
Service businesses are intangible and cannot be stored and customers are heavily involved within the processes that are being performed.