Production Flashcards

1
Q

Production (or operations) management

A

This refers to all activities in managinf the transformation process.

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2
Q

Production

A

This is the process of changing inputs such as labour services into goods and services that can be sold.

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3
Q

Inputs = ?

A

Transformation

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4
Q

Transformation = ?

A

Outputs

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5
Q

What is a method of production

A

Production is the process of changing inputs, such as raw materials, energy and labour services, into goods and services that can be sold.

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6
Q

What is job production

A

Job production is a method of production in which a product is supplied to meet the exact requirements of a customer

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