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What are the role of management in the creation and production of goods and services?
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What is oprations management?
Operations management is the area of management that is concerned with overseeing, designing and controlling process of production and redesigning of the business operations in production of goods or services.
How does production management differ from operations management?
operation management is the set of activites that creates goods and services by transforming inputs into outputs.
Define production operations management?
Is to overlook the production process by managing people and machinery to convert raw materials and resources into goods and services
Objectives of production and operation management?
objective of production and operation managemant to produce goods services of right quality and quantity at the right time and right manufacturing cost'.
What do you understand by production and operational management?
The management of those resources and activities of a business that are required to produce goods for sale to consumers or to other organizations. Production management is concerned with the manufacturing industry. The growing interest in the production management task in service industries has led to the use of operations management as a more general term.
What is the using of goods and services called?
Production is the creation of goods and services. It is used to help deliver what consumers need and want through consumption.
What is oprations management?
Operations management is the area of management that is concerned with overseeing, designing and controlling process of production and redesigning of the business operations in production of goods or services.
Is the field of management that specializes in the physical production of goods or services according to your textbook?
Yes, the field that specializes in the physical production of goods or services is known as operations management. It involves overseeing the design, planning, control, and improvement of production processes to ensure efficiency and quality in delivering products or services to customers.
How does production management differ from operations management?
operation management is the set of activites that creates goods and services by transforming inputs into outputs.
Explain Operations research in production planning and inventory control?
Operations management is an area of business that is concerned with the production of good quality goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. It is the management of resources, the distribution of goods and services to customers.The task of production and operations management is to manage the efforts and activities of people, capital, and equipment resources in changing raw materials into finished goods and services.
Define production operations management?
Is to overlook the production process by managing people and machinery to convert raw materials and resources into goods and services
What is a economics definition?
Economics is the branch of social science that deals with the production and distribution and consumption of goods and services and their management,
Distinguish between production and operation management?
Production management is an organized function within a business that deals with planning, forecasting and production or marketing of a product at all stages of its lifestyle. Operation management is concerned with overseeing, designing and controlling production and business operations during the production of goods or services.
What is Tertiary Production?
Tertiary production is part of the three sectors of the economic theory. The tertiary production refers to the creation of intangible goods and provides services to the two other sectors of economic theory.
Which person studies the production distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
Which person studies the production .distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
Objectives of production and operation management?
objective of production and operation managemant to produce goods services of right quality and quantity at the right time and right manufacturing cost'.
