Preview

Production and Operation Management Reviewer

Powerful Essays
Open Document
Open Document
5878 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Production and Operation Management Reviewer
-------------------------------------------------
The Production/Operations Function In Business A. True/False 1. Production/operations Management refers to creation of goods whereas production refers to the creation of services. 2. All organisations, including service organizations such as banks and educational institutions, have a production function. 3. Production is a creation of goods and services. 4. W. Edwards Deming is known as the Father of Scientific Management. 5. Lillian Gilbreth is credited for the early popularization of interchangeable parts. 6. The person most responsible for initiating use of interchangeable parts in manufacturing was Whitney Houston. 7. The origins of the scientific management movement are generally credited to James Taylor. 8. Operations Management is the set of the activities that create goods and services by transforming inputs into outputs. 9. Operations Management only applies to the creation of tangible goods. 10. An example of a “hidden’ production function is money transfers at banks. 11. Operations management has benefited from advances in other fields of study. 12. In order to have a career in operations management, one must have a degree in statistics or quantitative methods. 13. The operations manager performs the management activities of planning, organizing, staffing, leading, and controlling of the POM function. 14. “Should we make or buy this item?” is within the Human Resources and Job Design critical decision area. 15. Marketing is one of the three functions critical to an organization’s survival. 16. Students wanting to pursue a career in operations management will find multi-disciplinary knowledge beneficial. 17. The quality of a product is more difficult to measure than that of a service. 18. Consumer interaction is often high during the

You May Also Find These Documents Helpful

  • 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
  • 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 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
  • Powerful Essays

    MBAB 5P07 Outline ISP 2015

    • 1510 Words
    • 8 Pages

    This course provides an introduction to operations management, a functional area of major significance to all organizations. Operations management focuses on managing the transformation of resource inputs such as labor and material into useful outputs such as products or services. The goal is to make the transformation process both efficient (low-cost, fast) and effective (providing value to the customer).…

    • 1510 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    MGT370_Effective Layoffs

    • 3155 Words
    • 13 Pages

    services. To put it briefly, operations management is the planning, scheduling, and control of the…

    • 3155 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    Busman notes unit 3 aos 3

    • 4412 Words
    • 19 Pages

    Operations management: management of resources to achieve efficient output of goods or services (Good operations management is vital to the achievement of organisational objectives and encompassed both manufacturing and service industries)…

    • 4412 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    Project

    • 6904 Words
    • 28 Pages

    2) As a functional area of a business, Operations translates materials and services into outputs.…

    • 6904 Words
    • 28 Pages
    Satisfactory Essays
  • Satisfactory Essays

    2. Operations management is defined as the design, operation, and improvement of the systems that create and deliver the firm’s primary products and services.…

    • 355 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    HW 1 solution

    • 817 Words
    • 4 Pages

    2. Operations management is the set of activities that create value in the form of goods and…

    • 817 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    The operations management can be defined as the systematic processes which convert inputs in to finished goods or service by adding the value. The operations management is very important in modern days as the competitiveness among the businesses very high. Therefore most of the organizations do have a special functional unit for manage the operational activities of the organization.…

    • 3978 Words
    • 16 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

    We study Operations Management because we want to know how goods and services are produced. The production function is the segment of our society that creates the products we use.…

    • 1270 Words
    • 6 Pages
    Good 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
  • Satisfactory Essays

    Operations managers pursue careers in service organizations involved in activities such as banking, transportation, insurance, and government, as well as manufacturing firms involved in producing industrial and consumer products. Typical careers in operations management involve activities such as forecasting, supervision, purchasing, inventory planning and control, operations scheduling and control, process methods and planning, quality management, warehouse management, and production planning in diverse industries such as banking, manufacturing, and retailing. Career opportunities in operations management can also involve work in management consulting firms or the development of computer systems for planning and scheduling.…

    • 527 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business Manganment Technic

    • 2397 Words
    • 10 Pages

    Operation management direct the company how to make the goods or services cheaper, better and faster than others. Operation Management is the business function that plans, organizes, coordinates and controls the resources needed to produce a company’s goods and service. It involves managing people, equipment technology, information and many other resources. It is responsible for conducting all the resources that are needed to produce the final product known as the output. Such as designing the product; deciding what resources are needed; arranging schedules, equipment and facilities’, managing inventory controlling quality; designing the jobs to make the product. So it is…

    • 2397 Words
    • 10 Pages
    Satisfactory Essays