operations management

Q. 

He is responsible for for planning, organizing, staffing, implementing, and controlling operations of a business.

(a)  

Q. 

It includes all activities involved in obtaining, training, and compensating the employees of a business.

(a)  

. 

This contains all of the rules, policies, and procedures that a business should follow to function effectively.

• Operations Management

• Operations Manual

• Management

• Organizing

Q. 

It also called stock control, is the process of managing a company's inventory levels

• Inventory Control

• Inventory

• Purchasing Plan

• Inventory Needs

. 

This method keeps track of inventory levels on a daily basis.

(a)  

Q. 

It involves taking a physical count of your merchandise at regular intervals

(a)  

. 

It is the rate at which the inventory of a product is sold and replaced with new inventory.

(a)  

It is an important skill of every small business owner or manager

(a)  

The factors involved in location decisions include

• foreign exchange.

• attitudes.

• labor productivity.

• all of the above.

Evaluating location alternatives by comparing their composite

(weighted-average) scores involves

• factor-rating analysis.

• cost–volume analysis.

• transportation model analysis.

• linear regression analysis.