OPERATIONS MGMT - FIRST DAY
OPERATIONS MGMT - FIRST DAY
2018th Edition
ISBN: 9780135391242
Author: HEIZER
Publisher: PEARSON
Question
Chapter 1, Problem 1DQ
Summary Introduction

To determine: The reasons for which one should study operations management.

Introduction: Operations management is a process that concerns the conversion of labor and materials into products and services in an effective manner in order to generate or maximize the profit of the company.

Expert Solution & Answer
Check Mark

Explanation of Solution

Reasons for which one should study operations management:

Studying operations management helps a person to have knowledge about operational-related activities which are producing goods and providing services. Some importance of the studies are as follows:

  • Operations management will provide knowledge about the ways to organize an enterprise for production activities.
  • Operations management helps to know the methods or the ways the goods and services produced.
  • Studying operations management helps a person to know about the roles and responsibilities of an operations manager.
  • As it is an expensive function and the organization earns most of their income from the operations, it is necessary to study the operations and its processes.

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