part of the organization that produces goods or services using a set of activities - correct answer
✔✔operations
what can be described as a process of transformation of inputs into outputs ? - correct answer
✔✔operations
what adds value during operations transformation? - correct answer ✔✔the conversion
what are important aspects of conversion for assuring effectiveness and efficiency? - correct answer
✔✔feedback and control
managing these activities in the system that create goods or provide services - correct answer
✔✔operations management (OM/POM)
what are the 3 main basic functions in most organizations? - correct answer ✔✔- operations
- finance
- marketing
- creation of goods/services
- part of the supply chain - correct answer ✔✔operations
- providing funds for operations/marketing - correct answer ✔✔finance
- promoting and/or selling goods and services - correct answer ✔✔marketing
- human labor
- raw materials, sub-assemblies, capital
, - technology
- information
- time - correct answer ✔✔types of input
- operators
- supervisors
- clerks
- etc. - correct answer ✔✔human labor
- robots
- machines - correct answer ✔✔technology
- time standards
- process charts - correct answer ✔✔information
- goods of different types
- services of different types - correct answer ✔✔types of outputs
T/F interaction of operations function with other functions, not individually? - correct answer ✔✔TRUE
what are the 3 main characteristics of production systems? - correct answer ✔✔- type of setup
- variety
- volume
what are types of setup? - correct answer ✔✔manufacturing and service
output may range from ... - correct answer ✔✔highly standardized with high degree of uniformity to
customized output