Operations Management Flashcard

Front

What is the primary focus of operations management?

Back

Designing, controlling, and improving production processes

Front

What is the goal of operations management?

Back

To ensure efficient, cost-effective production meeting quality standards

Front

What is the role of production in operations management?

Back

To turn factors of production into outputs by adding value

Front

Which business function needs to know the quality and individuality of the product?

Back

Marketing

Front

How can production methods affect human resources?

Back

By affecting motivation levels

Front

What does capital intensive production require?

Back

High investment in machinery and equipment

Front

What is ecological sustainability?

Back

The capacity of the natural environment to meet current needs without compromising future generations.

Front

What is social sustainability?

Back

Society's ability to progress in a way that meets social well-being needs of both current and future generations.

Front

What is economic sustainability?

Back

Development that meets economic needs of the current generation using existing resources

Front

Which of the following is an advantage of job production? Economies of scale, Low labor costs, Flexibility in design and specifications, Fast production time

Back

Flexibility in design and specifications