man 303
What does MAN 303 primarily focus on?
Operational management principles
Which of the following is a key concept in MAN 303?
Decision-making in operations
What is an important tool learned in MAN 303 for optimizing processes?
Process mapping
Which of the following is a primary goal of operations management taught in MAN 303?
Maximizing efficiency
What type of analysis is critical in MAN 303 for decision-making?
Cost-benefit analysis
Which tool is often discussed in MAN 303 for project management?
Gantt chart
Which concept is fundamental in MAN 303 for controlling production costs?
Lean management
What is one key goal in quality management explored in MAN 303?
Reducing defects
What inventory approach is emphasized in MAN 303?
Just-in-time inventory
What forecasting method is commonly applied in MAN 303?
Time series analysis