HSC Business Studies: Operations Management

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*Front:* Operations Management

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designing, and controlling production processes and redesigning business operations.

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*Front:* Key Objective

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and effectiveness in production to meet customer demands.

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*Front:* Supply Chain Management

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of all parties involved in producing and delivering a product.

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*Front:* Lean Production

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waste without sacrificing productivity.

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*Front:* Just-In-Time (JIT)

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strategy to increase efficiency by receiving goods only as needed.

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*Front:* Quality Control

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products meet required standards through testing and inspection.

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*Front:* Total Quality Management (TQM)

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improvement of products, services, and processes by focusing on quality.

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*Front:* Economies of Scale

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advantages gained by an increased level of production.

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*Front:* Outsourcing

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out business processes to external parties.

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*Front:* Technology in Operations

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of advanced tools and systems to improve production efficiency.