Podcast
Questions and Answers
What is the primary focus of operations management?
What is the primary focus of operations management?
- Reducing supply chain complexity
- Optimizing marketing strategies
- Minimizing sustainability and waste
- Maximizing productivity and efficiency (correct)
Which concept is a key element of supply chain management?
Which concept is a key element of supply chain management?
- Just-In-Time (JIT) inventory system (correct)
- Overstocking to prevent stockouts
- Infrequent communication with suppliers
- Random inventory replenishment
How does sustainability contribute to operations management?
How does sustainability contribute to operations management?
- By disregarding social responsibility for higher profits
- By focusing solely on short-term financial gains
- By neglecting waste reduction efforts
- By reducing environmental impact and promoting ethical practices (correct)
What is the impact of just-in-time (JIT) system on inventory levels?
What is the impact of just-in-time (JIT) system on inventory levels?
Which factor is most crucial in achieving sustainability in operations management?
Which factor is most crucial in achieving sustainability in operations management?
How does the use of technology impact supply chain management?
How does the use of technology impact supply chain management?
What is the difference between operations management and supply chain management?
What is the difference between operations management and supply chain management?
How does sustainability impact operations and productivity?
How does sustainability impact operations and productivity?
What are the key challenges in implementing just-in-time (JIT) system in supply chain management?
What are the key challenges in implementing just-in-time (JIT) system in supply chain management?