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Operations is the process of creating what it is your business sells. So for Burger King, it's how you create the burgers, fries, chicken nuggets, etc. that accounts for your revenues, for Merry Maids, it would be how the maids actually go about cleaning one's house.
An operations concept is the way you go about creating those products. For instance, Burger King has chosen a centralized kitchen method, whereas some Chinese food places choose to serve food buffet style, and some burgers are ready made and sold in vending machines.
Just-in-time operations is a method of operations that allows producers to keep very low in-house inventory levels of raw materials by ensuring that the parts used for today's production (burger patties, lettuce, tomatoes, fries, buns, chicken nuggets, etc.) arrive first thing in the morning (or several times a day) and are nearly ALL consumed during that day's production so there is nothing left over that needs to be stored until tomorrow. Tomorrow's deliveries will arrive tomorrow for the number of units that need to be produced tomorrow. This way you need very little space allocated to storage of raw materials or finished goods, but it requires tremendous skill at forecasting production requirements and coordinating deliveries.
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Is operation an abstract noun?
Yes, the noun 'operation' is an abstractnoun, a word for a process or a concept.
How can you define Service Operation Concept?
it is the concept of how, when, where and by whom the service operations are being carried out.
What is going concern concept principle?
is a concept which shows that a bussiness is continue in its operation even if it is not .
What is concept of continuous improvement?
Continuously seeking ways to improve operation is known as concept of continuous improvement. It is based on Kaizen, a Japanese concept.
What is PNP's quad concept?
operation, intelligence, pcr, investigation
What are tactical agreement operation agreement?
Concept of Requirements/Statement of Requirements
What IS STOCK Concept and flow concept?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
When was Operation Prime Time created?
Operation Prime Time was created in 1977.
When was Operation Time created?
Operation Time was created on 1967-11-17.
Stock and flow concept in macroeconomics?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
What is time interval concept?
In Accounting, also known as the Accounting Period Concept. Where business operation can be divided into specific period of time such as a month, a quarter or a year(accounting period) Final accounts are prepared at the end of the accounting period ie one year. Internal accounts can be prepared monthly, quarterly or half yearly.
What was thw center of gravity in operation Torch?
Concept of Center of Gravity In Operation Torch the enemy's operational center of gravity is the control North Africa and the Mediterranean Sea.
