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Study sets matching "term:operations management = the study and application of the transformation process"

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Study sets matching "term:operations management = the study and application of the transformation process"

25 terms
3.3 BSt > Operations processes > transformation processes
transformation
volume
lead time
mix flexibility
the conversion of inputs (resources) into outputs (goods and…
refers to how much of a product is made
is the time is takes for an order to be fulfilled from the mo…
is the mix of products made, or services delivered through th…
transformation
the conversion of inputs (resources) into outputs (goods and…
volume
refers to how much of a product is made
12 terms
GMS401 Chapter 1: The Challenge of Operations Management
Production
Operations Management (OM)
Organizing to Produce Goods & Services…
Supply Chain
The creation of goods and services
Activities that relate to the creation of goods and services…
1. Marketing - generates demand... 2. Production/Operations - cr…
A global network of organizations and activities that supplie…
Production
The creation of goods and services
Operations Management (OM)
Activities that relate to the creation of goods and services…
IB Business Management Operations Management 5.1 The Role of Operations
Capital intensive
Labour intensive
Ecological sustainability
Economic sustainability
Production processes that use a high ratio of capital to labo…
Production processes involving a high level on labour input c…
Occurs when the capacity of the natural environment meets the…
Occurs when business development meets the needs of the prese…
Capital intensive
Production processes that use a high ratio of capital to labo…
Labour intensive
Production processes involving a high level on labour input c…
58 terms
Chapter 1 - Operations Management
Operations Management
Process
Operation
Supply Chain
Systematic design, direction, and control of processes that t…
Any activity or group of activities that takes one or more in…
A group of resources performing all or part of one or more pr…
An interrelated series of processes within and across firms t…
Operations Management
Systematic design, direction, and control of processes that t…
Process
Any activity or group of activities that takes one or more in…
42 terms
The Operations Management Function
Competiveness
Operations Management
Elements of operations system
Tangible products
The ability of an organisation to sell products in a market
all the activities in which managers engage to produce goods…
inputs, transformation, outputs
can be touched, stored, little or no customer contact during…
Competiveness
The ability of an organisation to sell products in a market
Operations Management
all the activities in which managers engage to produce goods…
52 terms
Business Management Unit 3- The Operations Management Function
Operations Management
Operation Management's Relationship to…
Difference Between Manufacturing and S…
Operations
Management of resources to achieve efficient output of goods…
The Operations function is imperative to achieving an organis…
1. A manufacturing organisation produces products which are t…
A series of procedures and processes undertaken in order to c…
Operations Management
Management of resources to achieve efficient output of goods…
Operation Management's Relationship to…
The Operations function is imperative to achieving an organis…
23 terms
Operations Management
Operations
Transformation
Value adding
Cost leadership
refers to the business processes that involve transformation…
is the conversion of inputs (resources) into outputs... (goods a…
is the creation of extra or added value as inputs are transfo…
involves aiming to have the lowest costs or to be the most pr…
Operations
refers to the business processes that involve transformation…
Transformation
is the conversion of inputs (resources) into outputs... (goods a…
35 terms
12 Business Studies - Operations KHS
Operations
Transformation
Value adding
Strategic
Refers to the business processes that involve transformation…
Is the conversion of inputs (resources) into outputs (goods a…
Is the creation of extra or added value as inputs are transfo…
Means 'affecting all key business areas'; that is, the strate…
Operations
Refers to the business processes that involve transformation…
Transformation
Is the conversion of inputs (resources) into outputs (goods a…
36 terms
IE 31 Chapter 7 Overview of Operations Management
Production
Operations management
Input
Operations Management
Creation of goods and services
Involves the related activities in the creation of goods and…
capturing and assembling elements that enter the system to be…
The design, operation, and improvement of the systems that cr…
Production
Creation of goods and services
Operations management
Involves the related activities in the creation of goods and…
30 terms
Operations Management 7: Process Strategy
Process strategy
"job shops"
Imminent Process
Process focus
- the organization's approach to transforming resources into…
-low-volume, high-variety... -example of an intermittent process…
each process is deigned to perform a variety of activities an…
- a production facility organized around ( ___ ) to facilitat…
Process strategy
- the organization's approach to transforming resources into…
"job shops"
-low-volume, high-variety... -example of an intermittent process…
58 terms
Business Management IB - 5 Operations Management
OM and its relationship with other bus…
OM in organisations producing goods an…
Goods
High physical content but some services
''Without efficient operations leading to products and servic…
- Businesses have the operation management process:... Input --…
- Consumer gets the product but there may be an after sales s…
- Consumer gets the new product but there's also pre and post…
OM and its relationship with other bus…
''Without efficient operations leading to products and servic…
OM in organisations producing goods an…
- Businesses have the operation management process:... Input --…
9 terms
IB Business Management Operations Management 5.1 The Role of Operations
Capital intensive
Labour intensive
Ecological sustainability
Economic sustainability
Production processes that use a high ratio of capital to labo…
Production processes involving a high level on labour input c…
Occurs when the capacity of the natural environment meets the…
Occurs when business development meets the needs of the prese…
Capital intensive
Production processes that use a high ratio of capital to labo…
Labour intensive
Production processes involving a high level on labour input c…
9 terms
5.1 The Role of Operations Management
Capital intensive
Ecological sustainability
Economic sustainability
Labour intensive
means that the manufacturing or provision of a product relies…
refers to the capacity of the natural environment tomeer the…
refers to development that meets the economic needs of the pr…
means that the manufacturing or provision of a product relies…
Capital intensive
means that the manufacturing or provision of a product relies…
Ecological sustainability
refers to the capacity of the natural environment tomeer the…
9 terms
Role of Operations Management
Transformation
Inputs
Outputs
Productivity
Any changes to inputs that adds value and converts them into…
The raw materials,components and partsused to produce a goodo…
What is made or supplied by the operations process.
A measure of how effciently goods and services are produced.…
Transformation
Any changes to inputs that adds value and converts them into…
Inputs
The raw materials,components and partsused to produce a goodo…
52 terms
Business Management Unit 3- The Operations Management Function
Operations Management
Operation Management's Relationship to…
Difference Between Manufacturing and S…
Operations
Management of resources to achieve efficient output of goods…
The Operations function is imperative to achieving an organis…
1. A manufacturing organisation produces products which are t…
A series of procedures and processes undertaken in order to c…
Operations Management
Management of resources to achieve efficient output of goods…
Operation Management's Relationship to…
The Operations function is imperative to achieving an organis…
18 terms
Operations Management Chapter 1
Operation Management
Value-Added
Model
System
The management of systems or processes that create good and/o…
The difference between the cost of inputs and the value or pr…
An abstraction of reality: a simplified representation of som…
A set of interrelated parts that must work together.
Operation Management
The management of systems or processes that create good and/o…
Value-Added
The difference between the cost of inputs and the value or pr…
Operations management by: Jay Heizer& Barry Render 10th ed.
Production
Operations Management (OM)
Marketing
Production/ operations
Creation of Goods & Services
Activities that relate to Creation of Goods & services throug…
Creates Demand for goods
Creates the Product
Production
Creation of Goods & Services
Operations Management (OM)
Activities that relate to Creation of Goods & services throug…
52 terms
Business Management Unit 3- The Operations Management Function
Operations Management
Operation Management's Relationship to…
Difference Between Manufacturing and S…
Operations
Management of resources to achieve efficient output of goods…
The Operations function is imperative to achieving an organis…
1. A manufacturing organisation produces products which are t…
A series of procedures and processes undertaken in order to c…
Operations Management
Management of resources to achieve efficient output of goods…
Operation Management's Relationship to…
The Operations function is imperative to achieving an organis…
52 terms
Business Management Unit 3- The Operations Management Function
Operations Management
Operation Management's Relationship to…
Difference Between Manufacturing and S…
Operations
Management of resources to achieve efficient output of goods…
The Operations function is imperative to achieving an organis…
1. A manufacturing organisation produces products which are t…
A series of procedures and processes undertaken in order to c…
Operations Management
Management of resources to achieve efficient output of goods…
Operation Management's Relationship to…
The Operations function is imperative to achieving an organis…
109 terms
Operations
Operations management
Cost leadership approach
Good/service differentiation approach
Operations
Decisions made about resources (inputs), such as raw material…
A business strategy whereby the business seeks to be competit…
A business strategy whereby the business seeks to be competit…
The processes through which resources (inputs), such as raw m…
Operations management
Decisions made about resources (inputs), such as raw material…
Cost leadership approach
A business strategy whereby the business seeks to be competit…
11 terms
12BSt Operations - Influences
Transformed resources
Transforming resources
Globalisation
Operation process
Resources that are changed such as material, information, cus…
Resources that change other resources such as human resources…
The breakdown of traditional barriers between countries that…
Inputs - Transformation Process- Outputs
Transformed resources
Resources that are changed such as material, information, cus…
Transforming resources
Resources that change other resources such as human resources…
25 terms
Operations Management Chapter 7
Job Design
Ergonomics
Specialization
Job Enlargement
The act of specifying the content and methods of jobs.
Incorporation of human factors in the design of the workplace.
Work that concentrates on some aspect of a product or service.
Giving a worker a larger portion of the total task, by horizo…
Job Design
The act of specifying the content and methods of jobs.
Ergonomics
Incorporation of human factors in the design of the workplace.
117 terms
Chapter 1: Introduction to Operations Management
What is operations?
Operations Management
Goods
Services
The part of a business organization that is responsible for p…
The management of systems or processes that create goods and/…
*) are physical items that include raw materials, parts, suba…
*) Activities that provide some combination of time, location…
What is operations?
The part of a business organization that is responsible for p…
Operations Management
The management of systems or processes that create goods and/…
37 terms
Operations Management Chapter 9
Quality Control
Quality Assurance
3 determinants of quality and their de…
Lean manufacturing point of view
is monitoring, testing, and correcting quality problems after…
is providing confidence in a products quality by preventing d…
Product design... Intention of designers to include or exclude f…
figure out defects as early as possible
Quality Control
is monitoring, testing, and correcting quality problems after…
Quality Assurance
is providing confidence in a products quality by preventing d…
6 terms
4.7 BSt > Operations strategies > quality management
quality management
quality control
quality assurance
continuous improvement
refers to those processes that a business undertakes to ensur…
involves the use of inspections at various points in the prod…
involves the use of a system to ensure that set standards are…
is an ongoing commitment to improving a business's goods or s…
quality management
refers to those processes that a business undertakes to ensur…
quality control
involves the use of inspections at various points in the prod…
9 terms
33 IB Business Management Operations Management 5.1 The Role of Operations - SEK EL CASTILLO
Capital intensive
Labour intensive
Ecological sustainability
Economic sustainability
Production processes that use a high ratio of capital to labo…
Production processes involving a high level on labour input c…
Occurs when the capacity of the natural environment meets the…
Occurs when business development meets the needs of the prese…
Capital intensive
Production processes that use a high ratio of capital to labo…
Labour intensive
Production processes involving a high level on labour input c…
3 terms
Ch 15
Inputs(People, technology, capital, ma…
Productivity = output/input; ... managers…
The process of managing the sequence o…
The operations system
How do businesses improve prductivity
Explain value chain management and why it's important
Inputs(People, technology, capital, ma…
The operations system
Productivity = output/input; ... managers…
How do businesses improve prductivity
52 terms
Unit 3 AOS3 - The Operations Management Function
Operations Management
Operation Management's Relationship to…
Difference Between Manufacturing and S…
Operations
Management of resources to achieve efficient output of goods…
The Operations function is imperative to achieving an organis…
1. A manufacturing organisation produces products which are t…
A series of procedures and processes undertaken in order to c…
Operations Management
Management of resources to achieve efficient output of goods…
Operation Management's Relationship to…
The Operations function is imperative to achieving an organis…
6 terms
Management process - operations
Goods and/or services
Production process
Production process - inputs
Production process - transformation
- businesses either sell a good or provide a service, or prov…
- the 3 key elements of a production process are inputs, tran…
- there are 6 types of inputs (MILC TM)... - they are material i…
- it is the conversion of inputs into outputs... - service based…
Goods and/or services
- businesses either sell a good or provide a service, or prov…
Production process
- the 3 key elements of a production process are inputs, tran…
47 terms
Business Management Unit 3- The Operations Management Function
Operations Management
Operation Management's Relationship to…
Difference Between Manufacturing and S…
Operations
Management of resources to achieve efficient output of goods…
The Operations function is imperative to achieving an organis…
1. A manufacturing organisation produces products which are t…
A series of procedures and processes undertaken in order to c…
Operations Management
Management of resources to achieve efficient output of goods…
Operation Management's Relationship to…
The Operations function is imperative to achieving an organis…
26 terms
Operations Management
Inputs
Processes
Outputs
Cost leadership
human, material and capital resources that are used to produc…
activities that take inputs to produce goods and services.
the goods and services that result from the production activi…
A cost strategy where a business sets out to provide customer…
Inputs
human, material and capital resources that are used to produc…
Processes
activities that take inputs to produce goods and services.
10 terms
AQA GCSE Business Studies Ch10: Operations Management
Flow production techniques
Specialisation
Lean production
Kaizen
Occur when an item moves continuously form one stage of the p…
Occurs when individuals focus on a limited number of tasks.
An approach to production that aims to minimise waste.
Means 'continuous improvement'. It is an approach to producti…
Flow production techniques
Occur when an item moves continuously form one stage of the p…
Specialisation
Occurs when individuals focus on a limited number of tasks.
25 terms
Yr 12 Business Management - Operations Management
Operations Management
Managing Operations of a Business means
Operations
Core Activities
Involves the responsibility of ensuring that business operati…
Keeping costs down, increasing productivity to maximise profi…
"Getting the job done"
Main areas of production - what goods and services they provide
Operations Management
Involves the responsibility of ensuring that business operati…
Managing Operations of a Business means
Keeping costs down, increasing productivity to maximise profi…
9 terms
5.1 - The Role of Operations (IB Business and Management)
Capital intensive
Labour intensive
Ecological sustainability
Economic sustainability
Production processes that use a high ratio of capital to labo…
Production processes involving a high level on labour input c…
Occurs when the capacity of the natural environment meets the…
Occurs when business development meets the needs of the prese…
Capital intensive
Production processes that use a high ratio of capital to labo…
Labour intensive
Production processes involving a high level on labour input c…
Business Management Unit 3- The Operations Management Function, Chapter 1: Using Operations to create value, Chapter 2 - Process Strategy And Analysis - Textbook, Quality Management, Chapter S5 - Strategic Capacity Planning, ch. 7 Lean Thinking and L...
Operations Management
Operation Management's Relationship to…
Difference Between Manufacturing and S…
Operations
Management of resources to achieve efficient output of goods…
The Operations function is imperative to achieving an organis…
1. A manufacturing organisation produces products which are t…
A series of procedures and processes undertaken in order to c…
Operations Management
Management of resources to achieve efficient output of goods…
Operation Management's Relationship to…
The Operations function is imperative to achieving an organis…
136 terms
Chapter 1: The Study of Life
Evolution
DNA
Biology
Eukaryotic Cell
Evolution is the process of change that has transformed life…
Deoxyribonucleic acid: a long linear polymer found in the nuc…
The scientific study of life
A type of cell with a membrane-enclosed nucleus and membrane-…
Evolution
Evolution is the process of change that has transformed life…
DNA
Deoxyribonucleic acid: a long linear polymer found in the nuc…
6 terms
Transformation Process
Physical
Locational
Exchange
Physiological
Manufacturing Operations
Transportation or Warehouse Operations
Retail Operations
Health Care
Physical
Manufacturing Operations
Locational
Transportation or Warehouse Operations
20 terms
Chapter 6: The Key Elements of Operations Management
Operations management refers to...
The 3 Key Elements of An Operations Sy…
Inputs are...
The 3 types of input resources are...
The task of managing the process that transforms resources in…
Inputs, Processes and Outputs
The resources necessary to make the product
Natural/Raw Materials - Wheat, Cotton or Water... Capital - Mach…
Operations management refers to...
The task of managing the process that transforms resources in…
The 3 Key Elements of An Operations Sy…
Inputs, Processes and Outputs
9 terms
IB Business Management Operations Management 5.1 The Role of Operations
Capital intensive
Labour intensive
Ecological sustainability
Economic sustainability
Production processes that use a high ratio of capital to labo…
Production processes involving a high level on labour input c…
Occurs when the capacity of the natural environment meets the…
refers to the development that meets the economic needs of th…
Capital intensive
Production processes that use a high ratio of capital to labo…
Labour intensive
Production processes involving a high level on labour input c…
86 terms
Operations Management Revision Year 12
Operations Management
Operations Manager
Transformation
Tangible products
Involves the responsibility of ensuring that business operati…
Responsible for keeping costs down, increasing productivity t…
Implies physical changes it also includes the conversion of r…
Goods which can be touched
Operations Management
Involves the responsibility of ensuring that business operati…
Operations Manager
Responsible for keeping costs down, increasing productivity t…
70 terms
WGU Information Management and the Application of Technology - C468
Defined as the ability to recognize wh…
Term used to describe data that has be…
Focus on how to gather, process and tr…
Using the EHR to document care of a pa…
Information literacy
Information
Information science
Information systems
Defined as the ability to recognize wh…
Information literacy
Term used to describe data that has be…
Information
21 terms
38 IB Business Management OPERATIONS MANAGEMENT 5.6 Research and Development HL - SEK EL CASTILLO
Research and development
Invention
Innovation
Product innovation
The scientific research and technical development of new prod…
The formulation or discovery of new ideas for products or pro…
The practical application of new inventions into marketable p…
New, marketable products such as the Apple iPad
Research and development
The scientific research and technical development of new prod…
Invention
The formulation or discovery of new ideas for products or pro…
15 terms
1.1:Operations: Role of Operations - strategic role
Operations
Transformation
Value adding
Strategic
the business processes that involve transformation or product…
the conversion of inputs (resources) into outputs (goods and…
the creation of extra value as inputs (resources) are transfo…
Affecting all business areas
Operations
the business processes that involve transformation or product…
Transformation
the conversion of inputs (resources) into outputs (goods and…
14 terms
Chapter 14: Operations Management: Managing Vital Operations & Processes
Operations Management
Production System
Operations Manager
Customer Relationship Management (CRM)
The management of any aspect of the production system that tr…
The system that an organization uses to acquire inputs, conve…
A manager who is responsible for managing an organization's p…
A technique that uses IT to develop an ongoing relationship w…
Operations Management
The management of any aspect of the production system that tr…
Production System
The system that an organization uses to acquire inputs, conve…
14 terms
IB Business and Management OPERATIONS MANAGEMENT 5.6 Innovation
Research and development
Invention
Innovation
Product innovation
The scientific research and technical development of new prod…
The formulation or discovery of new ideas for products or pro…
The practical application of new inventions into marketable p…
New, marketable products such as the Apple iPad
Research and development
The scientific research and technical development of new prod…
Invention
The formulation or discovery of new ideas for products or pro…
19 terms
HSC Business Syllabus - Operations
Role (1/3)
Role (2/3)
Role (3/3)
Influences (1/2)
Strategic role of operations management - cost leadership, go…
Goods and/or services in different industries
Interdependence with other key business functions
Globalisation... Government policies... Legal regulation... Technology…
Role (1/3)
Strategic role of operations management - cost leadership, go…
Role (2/3)
Goods and/or services in different industries
Operations Management Exam 1
Transformation Process
Control
Feedback
Operations
1.) Inputs (Land, labor, capital, info)... 2.) Transformation/ c…
Comparison of feedback against previously established standar…
measurements taken at various points in the transformation pr…
Part of business org. that is responsible for producing goods…
Transformation Process
1.) Inputs (Land, labor, capital, info)... 2.) Transformation/ c…
Control
Comparison of feedback against previously established standar…
29 terms
Chapter 6: The Nature of Management
Management
Managers
Planning
Mission
A process designed to achieve an organization's objectives by…
Those individuals in organizations who make decisions about t…
The process of determining the organization's objectives and…
The statement of an organization's fundamental purpose and ba…
Management
A process designed to achieve an organization's objectives by…
Managers
Those individuals in organizations who make decisions about t…
49 terms
BEC 6 operation management 224
Absorption costing吸收成本
Absorption costing does not always giv…
The absorption profit and variable pro…
Incentive compensation
Absorption costing is a method of costing in which fixed cost…
If production equals sales, then absorption profit equals var…
absorption profit... -variable profit... =(total fixed OH/volume pr…
is compensation for meeting or exceeding certain company goal…
Absorption costing吸收成本
Absorption costing is a method of costing in which fixed cost…
Absorption costing does not always giv…
If production equals sales, then absorption profit equals var…
20 terms
5.6 OPERATIONS MANAGEMENT Research and Development (HL)
Research and development
Invention
Innovation
Product innovation
The scientific research and technical development of new prod…
The formulation or discovery of new ideas for products or pro…
The practical application of new inventions into marketable p…
New, marketable products such as the Apple iPad
Research and development
The scientific research and technical development of new prod…
Invention
The formulation or discovery of new ideas for products or pro…
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