Podcast
Questions and Answers
What is the primary goal of operations management teams?
What is the primary goal of operations management teams?
- Maximizing net operating profit (correct)
- Minimizing customer satisfaction
- Minimizing production efficiency
- Maximizing employee turnover
Which of the following is a specific tool used in operations management to manage and enhance a firm's operations and production?
Which of the following is a specific tool used in operations management to manage and enhance a firm's operations and production?
- Social media marketing
- Financial accounting
- Facility layout (correct)
- Customer relationship management
What does Total Quality Management (TQM) involve?
What does Total Quality Management (TQM) involve?
- Reducing customer experience improvement
- Continual process of detecting and eliminating manufacturing errors (correct)
- Maximizing manufacturing errors for cost reduction
- Minimizing supply chain efficiency
What is the main focus of operations scheduling in operations management?
What is the main focus of operations scheduling in operations management?
How can operations management be defined?
How can operations management be defined?
Flashcards
Operations Management Goal
Operations Management Goal
To maximize net operating profit.
Operations Management Tool
Operations Management Tool
Facility layout is a tool to improve a company's production.
Total Quality Management (TQM)
Total Quality Management (TQM)
TQM is a continuous effort to reduce errors in manufacturing.
Operations Scheduling Focus
Operations Scheduling Focus
Signup and view all the flashcards
Operations Management Definition
Operations Management Definition
Signup and view all the flashcards
Study Notes
Operations Management
- The primary goal of operations management teams is to maximize efficiency and effectiveness in producing goods and services.
Tools and Techniques
- One specific tool used in operations management is Total Productive Maintenance (TPM), which is used to manage and enhance a firm's operations and production.
Total Quality Management (TQM)
- TQM involves a continuous effort to improve all aspects of an organization, focusing on customer satisfaction, employee involvement, and continuous improvement.
Operations Scheduling
- The main focus of operations scheduling is to allocate resources and plan the flow of work to meet customer demand, ensuring that the right products are produced at the right time.
Definition of Operations Management
- Operations management can be defined as the administration of business practices to maximize efficiency in the production of goods and services.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
