In operations management, which of the following refers to completing a task or producing a product at the lowest cost?
A) competence
B) processing
C) efficiency
D) effectiveness

Question

Quizplus · Accepted Answer

Efficiency in operations management refers to completing a task or producing a product at the lowest cost. Competence refers to having the necessary skill and ability to perform a task. Processing refers to the steps involved in transforming inputs into outputs. Effectiveness refers to achieving the desired outcome or goal.

In Operations Management, Which of the Following Refers to Completing