Finals Entrep

It is critical in any business endeavor as the businessman would want to have the cheapest possible at the highest quality.

• Materials

• Machine

• Manpower

• Method

It is a systematic way of doing a particular job

• Methods
• Machine
• Manpower
• Materials

It is about delivering products and services to customers to meet or surpass the expectations

• Operation Management
• Quality expectations
• Delivery expectations

They are called the worker.

• Materials
• Machine
• Manpower
• Method

It is the cost or the amount at which something is valued and also defined as to put a cost on something, or find out a cost.

• Price
• Delivery
• Quality
• Output

It is the transformation process where input is converted into output

• Input
• Process
• Output
• Price

It refers to the system and step by step process in the business

• Machine
• Manpower
• Method
• Materials

It is controlled by people or a machine itself to produce the necessary or required number of productions needed.

• Materials
• Machine
• Manpower
• Method

It is a key responsibility of operations management.

• Services Required
• Supplier Selection
• Products Selection

The expectations are captured in the discussions with the customer and then refined for inclusion in the project product description.

• Quality Expectation
• Price Expectation
• Delivery expectation