TCU) – Questions With Correct Solutions
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the global network of organizations and activities involved in:
-designing
-transforming
-consuming, and
-disposing of goods and services
Choose an answer
1 Operations Management 2 Supply Chain
Customers (connecting operations
3 4 Characteristics of a good:
managers)
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Terms in this set (88)
, Operations Management Management of processes used to design, supply,
produce, and deliver valuable goods and services to
customers
Operations managers do the -plan and execute long term and short term tasks
following: -interact with other internal and external
stakeholders
-brings together internal activities with those of its
customers
Where does operations management Everywhere
exist?
Why is operations management -because it matters to people
important? -because it matters to organizations
Characteristics of a good: -tangible
-can be inventoried
-little customer contact
-long lead time
-often capital-sensitive
-quality easily assured
-material is transformed
Characteristics of a service: -intangible
-cannot be inventoried
-extensive customer contact
-short lead time
-often labor intensive
-harder to asses quality
-info or customer is transformed
Process a system of activities that transforms inputs into
valuable outputs