Module -1
Operations Management is the process of effectively planning and regulating the activities of that part of an enterprise which is responsible for actual transformation of material in to finished products
Define Operation Management?
Lot Tolerance Percentage Defective
The ––––––––– is the defect level for which lots are regarded as bad lots.
alteration.
………..refers to the transformation of the state of input in to output.
intangibility.
Which of the following statement is not true in the case of goods?
employee punishment
Which of the following is not an objective of operations management?
productivity
……………is measure of the quantity of output per unit of input.
total shipping costs
The purpose of the transportation approach for locational analysis is to minimize
Production
is the process by which raw materials and other inputs are converted into finished goods.
acceptance sampling
………………… is the process of randomly inspecting a sample of goods anddeciding whether to accept the entire lot based on the results
is used to evaluate the cost effectiveness of shipping goods via transportation routes not currently in the solution
The stepping-stone method
to manufacturing and service sectors
Operations management is applicable
annual dollar volume
ABC analysis divides on-hand inventory into three classes, generally based upon
human relations movement
Hawthorne studies were related with……..
is appropriate when units are sold/used as they are produced
The Production Order Quantity model