Operations Management Planning Does Not Include Decisions About

question 64

Multiple Choice

Operations management planning does not include decisions about:

• A) where to locate a business facility and how it will be configured.
• B) materials requirement planning.
• C) quality control.
• D) the acquisition of financing for projects.

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Definitions:

Production Order Quantity Model

An economic order quantity technique applied to production orders.

Production Departments

Divisions within a manufacturing or production company responsible for the actual production of goods or services.

Demand Rate

refers to the speed at which customers purchase or demand a product or service over a given period of time.

Production Order Quantity Model

An inventory management technique that determines the optimal quantity of products to order or produce, minimizing total inventory costs.