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Operations Management Is the Part of the Supply Chain Process

question 29

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Operations management is the part of the supply chain process that plans,implements,and controls the efficient,effective flow and storage of goods,services,and related information from point of origin to point of consumption with the purpose of conforming to customer requirements.


Definitions:

High Self-Efficacy

A belief in one's own ability to succeed in specific situations or accomplish a task.

National Science Foundation

A US government agency that supports fundamental research and education in all the non-medical fields of science and engineering.

Research

The systematic investigation into and study of materials, sources, etc., in order to establish facts and reach new conclusions.

Investment

The allocation of resources, such as capital or time, in the expectation of receiving future benefits such as income or growth.

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