Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which of the following is a critical function of operations management?
Which of the following is a critical function of operations management?
- Monitoring inventory levels
- Coordinating business processes (correct)
- Managing customer demand
- Finding vendors
What is the main responsibility of operations management in relation to inventory?
What is the main responsibility of operations management in relation to inventory?
- Ensuring excessive quantities are on hand
- Monitoring inventory levels (correct)
- Acquiring materials and using labor in a timely manner
- Finding vendors that supply the appropriate goods
What does an effective operations management professional need to understand?
What does an effective operations management professional need to understand?
- Global trends
- Customer demand
- Available resources for production
- All of the above (correct)
What is the process known as that relates to the management of inventory through the supply chain?
What is the process known as that relates to the management of inventory through the supply chain?
Signup and view all the answers
What is the role of operations management in acquiring materials and using labor?
What is the role of operations management in acquiring materials and using labor?
Signup and view all the answers
