Short Questions:

6. What are principles of QMS?

7. What is the purpose of inventory in operations management?

8. What is the difference between horizontal and vertical integration?

9. What does scope of operation means?

10. What are forecasting model?

11. Why forecasting is importance for business success? Describe briefly.

12. What is SIPOC analysis?

13. Define briefly productivity and its types.

14. What are the types of capacity management?

15. Define the following terms a. Muda b. Mura c. Muri.