Final answer:
The three aspects of operations management include decisions on product selection and design, production processes, and determining the output level to meet demand.
Step-by-step explanation:
Three Aspects of Operations Management
The three aspects of operations management concern decisions related to the production of goods or services by a firm. These decisions encompass:
- Product Selection and Design: Determining what products or services should be offered to customers. This involves considering customer needs, product functionality, and the alignment of the product with the organization's strategy.
- Production Processes: Deciding on the manufacturing or service delivery processes. This includes the methods and technologies used for creating products or services efficiently and effectively.
- Output Level Determination: Establishing the quantity of products or services that should be produced to meet customer demand while considering the production capacity, market trends, and economic viability.
These decisions directly influence organizational behavior and can have substantial impacts on a firm's profitability and sustainability.