A computer manufacturer is seeking to cut costs by designing an inventory system that reduces the number of finished products in stock due to overproduction and to set in place a production schedule that better matches customers' orders. These plans are an example of ________ in action.
A) operations management
B) scientific management
C) production management
D) inventory oversight
E) inventory analysis

Question

Quizplus · Accepted Answer

In the day-to-day running of the company, operations management consists of all the job functions and activities in which managers schedule and delegate work and job training, plan production to meet customer needs, design services customers want and how to deliver them, locate and design company facilities, and choose optimal levels of product inventory to keep costs down and reduce backorders.

A Computer Manufacturer Is Seeking to Cut Costs by Designing