Perations management is part of a production system that can be described in the following manner: Organization: inputs→processes→outputs. Which one of the following correctly describes a production system?A) airline: pilots→planes→transportationB) bank: tellers→computer equipment→depositsC) furniture manufacturer: wood→sanding→chairD) telephone company: satellites→cables→communication

furniture manufacturer: wood→sanding→chair---C

Explanation:

Operations management is the part of a production system that  administers best business practices to create the highest net operating profit within an organization. It  involves the management of  converting raw materials and labor into finished goods and services by passing through  efficient processes  so as to  maximize profit of an organization.

In Operations management, efficient productivity , coordination and formulation of new improved process is important  because to maximize profit requires constant innovation to reevaluate current practices.  An operations management is involved in inputs, process and outputs as can be seen illustrated below.

furniture manufacturer: wood→sanding→chair

answer; a set of mutual funds with similar risk characteristics to your mutual fund;

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.