Once the production process begins, a company must engage in operations control, which includes purchasing, inventory control, scheduling, and quality control. What is the objective of purchasing?
(a) To ensure that required materials are available when they are needed, in the proper amounts, and at minimum cost
(b) To obtain the required materials, supplies, components (or subassemblies), and parts from other
firms
(c) To obtain and track all raw materials that will become part of the production during the production process
(d) To develop a working relationship with suppliers built on trust
Which refers to a manager who manages the systems that convert resources into goods and services?
Thus, to compete with other organizations, a company must convert resources (materials, labor, money, information) into goods or services as efficiently as possible. The upper-level manager who directs this transformation process is called an operations manager.
What is the process that transforms resources into goods and services?
Operations management is systemizing the direction and control of a business process in transforming resources, which are called inputs, into finished goods or services for consumers or clients (outputs).
What do business people mean when they talk about lean manufacturing quizlet?
What do business people mean when they talk about lean manufacturing? The manufacturing process requires the use of a variety of technologies. Which of the following is not one of the technologies used in the manufacturing process? Which of the following is least likely to be a role of operations management?
When a product idea is converted into an actual product it is called?
Design planning. It is a plan for converting a product idea into an actual product or service.