P370 Exams Pack | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

Transformation System : A user of resources that transforms inputs into some desired outputs Types of Transformations (6 Total) : Physical - Manufacturing Locational - Transportation Exchange - Retailing Storage - Warehousing Physiological - Health Care Informational - Telecommunications 2 ...

Operations Management : the design, operation, and improvement of the production system that creates the firm's primary products and services The Five P's : People, plants, parts, processes, and planning and control Strategic Decisions : long range business plans such as the acquisition of ...

aggregate production planning FORMAL definition : a managerial statement of time-phased production rates, work-force levels, and inv management, which takes into account customer requirements and capacity limitations aggregate production planning BETTER definition : mid-level process that con...

aggregate production planning FORMAL definition : a managerial statement of time-phased production rates, work-force levels, and inv management, which takes into account customer requirements and capacity limitations aggregate production planning BETTER definition : mid-level process that con...

Operations Management : the design, operation, and improvement of the production system that creates the firm's primary products and services The Five P's : People, plants, parts, processes, and planning and control Strategic Decisions : long range business plans such as the acquisition of ...

operations management : -Oversees all activities that are directly related to making a product or providing a service -Responsible for the transformation of inputs of material, money, energy, people, and information into useful goods and services -The design, operation, and improvement of the...