Unit 4

Question 1

what is operations

Answer 1

operations is responsible for the actual production of the physical goods or services

Question 2

what are examples of inputs

Answer 2

manpower and machinery

Question 3

describe how operations work

Answer 3

consists of converting resources and labour(inputs) into goods and services(outputs) = so in the end its added value

Question 4

what is productivity

Answer 4

how much units are made
the higher productivity means there are lower productivity costs per unit

Question 5

what is efficiency

Answer 5

minimising waste and costs when producing goods and services, utilises the least amount of resources for maximum output

Question 6

what is production

Answer 6

this is how raw materials are turned into a product

Question 7

what are some operational objectives(name 4)

Answer 7

make process efficient and time saving
have more automation in production
reduce costs
improve quality

Question 8

what is output

Answer 8

this refers to work and services ,companies, factories or machines over a given period