Operation Management Fundamentals
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Questions and Answers

What is the main focus of Operations Management?

  • Ensuring high profit margins
  • Marketing and advertising strategies
  • Quality production of goods and services (correct)
  • Expanding the business globally

According to S. Buffa, what is the primary goal of production or operation management?

  • Increasing marketing efforts
  • Expanding product lines
  • Maximizing the number of employees
  • Meeting specifications, demand, and minimizing costs (correct)

Which field of study does the Association of Operation Management mention as relevant to operation management?

  • Architecture and interior design
  • Music and arts history
  • Accounting principles
  • Quality management and industrial management (correct)

What does Operations Management involve in terms of resources within a defined system?

<p>Combining and transforming resources by a controlled manner (B)</p> Signup and view all the answers

Which aspect is NOT a part of Operations Management according to the text?

<p>Social media marketing (C)</p> Signup and view all the answers

How does Operation Management add value according to the text?

<p>By transforming resources in a controlled manner to add value (D)</p> Signup and view all the answers

What is the main responsibility of operations managers?

<p>Processing inputs into outputs (B)</p> Signup and view all the answers

What does 'Inspection' refer to in the context of operations management?

<p>Verifying and confirming requirements of an entity (A)</p> Signup and view all the answers

Which term refers to the physical movement of goods from one location to another?

<p>Transportation (B)</p> Signup and view all the answers

What role do human resources play in operations management?

<p>Multiplying the value of employees using intellectual capabilities (B)</p> Signup and view all the answers

Which term refers to the transformation of the state of input to produce goods?

<p>Alteration (B)</p> Signup and view all the answers

What is the primary factor determining a system's ability to achieve its objectives?

<p>Design and control mechanism (A)</p> Signup and view all the answers

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