DSCI 303 Exam 1 Questions and answers already Graded A+

DSCI 303 Exam 1 Questions and answers already Graded A+ Operations Management - Management and improvement of ANY activities / processes that transform inputs into goods and/or services. Examples of Operations Management - Capacity planning, bottleneck management, Waiting line management, Inventory management, Project management, Supply chain management. Operations Strategy - how a company's production and services capabilities are structured and utilized; or how you will manage operations to achieve the mission and business strategy. States the purpose of operations and priorities - • Specifies the essential tasks needed for operational success • Must be aligned with business strategy and mission (costs, quality, delivery, customization, etc.