Question

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.

operations management
inventory oversight
production management
scientific management
inventory analysis

Answer 1

Answer: Operation Management

Step-by-step explanation:

Operations management is referred to as the management of business organization practices that tend to create efficiency of the highest level possible within a company. It is mostly associated with transferring labor and materials into services and commodities as accurately as possible in order to maximize profit of a company.