Preview

Operations Management: Test Questions and Answers

Good Essays
Open Document
Open Document
12517 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Operations Management: Test Questions and Answers
1. What is operations management and how is different from operations research?

Operations Management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. The operations management of any organization involves the design, operation, and improvement of the systems that create and deliver the primary products and services of the organization. From an organizational point of view, operations management might be defined as the management of the direct resources that are required to produce and deliver organizational goods and services. Operations management is an area of business that is concerned with the production of goods and services. Operations research is an interdisciplinary mathematical science that focuses on the effective use of technology by organizations.

2. What are the major factors leading to the resurgence of interest in OM today?

OM is relatively new field of research and still evolving, many businesses employ it is a way to increase productivity and reduce error. OM allows companies to be more competitive by reducing unnecessary cost involved when resources are squandered. Today the human being is constantly finding new ways to get more for less. This means an increase in productivity, or output/input. OM helps to find these ways of increasing productivity through innovations. Technological advance is another factor of resurgence of interest in OM.
Increasingly, the trend amongst 21st century industries is to offer both products and services, such as specialist programs and tools alongside consultancy, in an effort for businesses to differentiate themselves and to offer more to prospective clients. Those with operations management skills will therefore be more prepared for differentiation between planning, control and delivery of either products or services.
Operation management embodies all aspects of the business process and unites them to create an efficient resourceful procedure.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Project Management

    • 440 Words
    • 2 Pages

    Operations management is an ongoing function that performes activities to produce product or supply services. Projects are temporary and help business meet function goals quickly and easily to external environment.…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Operations management refers to all levels of an organisation and how best to efficiently convene, fund, maintain and maximise its services and/or operations, both internal and external. The core goal/objective of operations management it to maximise outputs while reducing and minimising the inputs required to achieve the desired results.…

    • 2732 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Operations Management is the management of systems or processes that create goods and/or provide services. It is about how efficiently a company can produce goods and /or provide services. As companies are increasingly competing on the basis of time, cost and service, managing operations becomes critical for the competitiveness of any business. Studying operations management gives you important knowledge concerning how they do…

    • 3357 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    In an organization there are many functional areas and each department having their own roles and responsibilities. The area which interests me is operation Management, it’s very important to integrate operations management…

    • 659 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Operations Management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs.…

    • 1270 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Operations Management is one of the essential business functions and is therefore vital to any organizational system…

    • 2846 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Operations management focuses on carefully managing the processes to produce and distribute products and services to its users. A great deal of focus is on efficiency and effectiveness of processes. Therefore, operations management often includes substantial measurement and analysis of internal processes, for example, retail, manufacturing, & whole sale.etc.…

    • 1143 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Operations management has been defined as a set of activities that transforms inputs to outputs creating goods and services. It is made up of the following decision areas; service and product design, quality management, location strategy, process and capacity design, layout design, supply chain management, human resources and job design, inventory management, scheduling, and maintenance (Thompson, 2017).…

    • 859 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Sainsbury Operations

    • 2417 Words
    • 10 Pages

    An operation is a process transforming a set of resources into services and goods. The input resources may be raw materials, information, or even the customer. These resources are transformed into final goods or services by facilities and staff of the operation( Fig 1).…

    • 2417 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    In order to define why Operations Management is needed in an organisation knowledge of operations management is required. Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It includes the responsibility of ensuring that business operations are efficient by using as few resources as needed, and effective in terms of meeting customer requirements. It is concerned with managing the process that converts inputs in the forms of materials, labour, and energy into outputs in the form of goods and/or services.…

    • 1607 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Operations Management

    • 464 Words
    • 2 Pages

    Operations management focuses on managing the processes of producing and distributing products and services. Operations activities often include product creation, development, production and distribution. It deals with all operations within the organization. Related activities include managing purchases, inventory control, quality control, storage, logistics and evaluations. The nature of how operations management is carried out in an organization depends very much on the nature of products or services in the organization, for example, retail, manufacturing, wholesale, etc.…

    • 464 Words
    • 2 Pages
    Good Essays
  • Good Essays

    For today operation means there two parts included in, which are service operation and goods operation.(book) “Operation management is the systematic direction and control of the activities that transform resources into finished services and goods that create value for and provide benefits to customers. In overseeing production, operation managers are responsible for ensuring that operation activities create what customers want and need.(book) therefor the operation managers are doing design, operation and improvement of productive systems.(wip)…

    • 818 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Quiz Online Opman

    • 328 Words
    • 2 Pages

    Operations management is the business function that plans, coordinates, and controls the resources needed to produce a company’s products and services.…

    • 328 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    MBAB 5P07 Outline ISP 2015

    • 1510 Words
    • 8 Pages

    This course considers both service and manufacturing operations, which are both important in today’s economy. The focus in managing services leans more toward customer satisfaction and the customer’s experience, while manufacturing focuses more on efficiency and product quality. Improvements in manufacturing productivity over the last 70 years are largely responsible for the standard of living we enjoy. Currently services account for approximately 75% of the jobs in this country, and companies are increasingly using high quality service to gain a competitive advantage.…

    • 1510 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    Operations management is defined as “the activity of managing the resources which produce and deliver products and services” (Slack et al. 2010 p4). This encompasses the entire activity carried out within the organization. With increasing pressure on organizations to deliver optimally at reduced cost, the role of operations has been transformed from that of strategy implementer to one of strategy driver.…

    • 3932 Words
    • 12 Pages
    Best Essays