Production Flashcards
1
Q
Production (or operations) management
A
This refers to all activities in managinf the transformation process.
2
Q
Production
A
This is the process of changing inputs such as labour services into goods and services that can be sold.
3
Q
Inputs = ?
A
Transformation
4
Q
Transformation = ?
A
Outputs
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.
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