

Operations Management U3/AOS3
Flashcard
•
Business
•
KG
•
Practice Problem
•
Hard
Danielle Routley
FREE Resource
Student preview

32 questions
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1.
FLASHCARD QUESTION
Front
Outputs
Back
The service or product that is delivered or provided to the consumer.
2.
FLASHCARD QUESTION
Front
Inventory control
Back
Ensures that costs are minimised on storing stock and that the operations system has access to the right amounts of inputs when required.
3.
FLASHCARD QUESTION
Front
Global sourcing
Back
The practice of seeking the most cost-efficient materials and other inputs, including from countries overseas.
4.
FLASHCARD QUESTION
Front
Transformation process
Back
The conversion of inputs (resources) into outputs (goods or services).
5.
FLASHCARD QUESTION
Front
Zero Defects
Back
Striving to eliminate errors throughout production or rectifying an error before the product moves to the next stage.
6.
FLASHCARD QUESTION
Front
Master production schedule
Back
A plan that details what is to be produced and when across the business.
7.
FLASHCARD QUESTION
Front
Quality
Back
The degree of excellence of goods or services and their fitness for a stated purpose as determined by the customer.
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