Operations Management Flashcards

(10 cards)

1
Q

What do customers expect besides low prices?

A

Sustainability, ethics, fairness, good service, and responsible operations.

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2
Q

What challenges and influences affect operations?

A
  1. Global supply chains face outsourcings
  2. CSR demands
  3. losing competitive edge.
  4. Stakeholders
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3
Q

What’s the difference between productivity, efficiency, and effectiveness?

A

Productivity = output/input.
Efficiency = doing things right. Effectiveness = doing the right things.

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4
Q

How can businesses be environmentally and socially responsible?

A

Reduce waste, use renewables, recycle, and follow ethical, fair practices.

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5
Q

What does deregulation lead to?

A

More competition, lower prices, and greater efficiency.

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6
Q

What is the role of operations in a business?

A

Operations convert inputs into outputs and impact quality, customer experience, and sustainability.

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7
Q

What are the key stages and systems in operations?

A

Stages: inputs, transformation, outputs. Systems: facilities, production, inventory, layout, scheduling, customer service.

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8
Q

How do goods differ from services?

A

Goods are physical and owned; services are intangible, used in real time, and can’t be stored.

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9
Q

What types of facilities and layouts are used?

A

Facility types:
manufacturing, warehouse, retail, hospital.

Layouts:
Process-oriented (grouped by function)
Fixed position (product stays in place)
Product-oriented (sequential, high-volume)
Retail (flow, placement, visuals)

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10
Q

How is quality managed in operations?

A

With quality control, quality assurance, and total quality management (TQM).

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