MGTA02H3 : study guide

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MGTA02H3 Full Course Notes
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MGTA02H3 Full Course Notes
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Outline: midterm (3-4 short answers) and a final test (4-5 short answers) What is the real role of management throughout this whole thing: the production process. Best use of about, best use of labour (finance): operations management. Into finished goods and services www. notesolution. com: key processes. Planning production by mobilizing materials, equipment, labour and information. Scheduling operation to make efficient use of resources. Controlling the work, costs, quantity and quality of production. Planning; to produce a quantity of an item you need the proper amount of resources to make those goods or services. Have to make sure everyone is doing their duty/jobs. Production planning; when people make mistakes; what do you do with mistakes: operations management. The different between producing goods and producing services. Services are much harder to store and thus keep in inventory. Service quality is not the same as the quality of the work provided. Produce what you are producing and hope people will want them.

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