Nigel slack latest 2023 - Study guides, Class notes & Summaries

Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization's goods or services - -False -Often, the collective success or failure of companies' operations functions will impact the ability of a nation to compete with other nations - -True -Companies are either producing goods or delivering services ;this means that only one of the two types of operations management strategies are used - -False -Operations, marketing, and finan...

Activities on the critical path of a project have ______ slack. Select one: a. positive b. zero c. free d. negative - -zero -Activity slack time for an activity in a project means the activity has fell behind schedule. Select one: a. True b. False - -False -Adding resources to reduce the amount of time it takes to complete project activities is called: Select one: a. crashing b. scope creep c. simulation d. indirect project costs - -crashing -A diagram representing project ...

production - -the creation of goods and services - Heizer, Render, & Munson -WBS - -Work Breakdown Schedule - a hierarchical description of a project into more and more detailed components 1. Project (1) 2. Major Tasks in the project (1.1, 1.2, 1.3) 3. Subtasks in major tasks(1.1.1, 1.2.1, 1.3.1) 4. Activities (work packages) pg 64 -Characteristics of Goods - -- tangible - consistent in production definition - production usually separate from consumption - can be inventoried ...