Certified Production & Operations Manager (POM) Practice Exam

All the following decisions fall within the scope of operations management EXCEPT for:

1. Managing production schedules

2. Creating the company income statement

3. Quality control assessments

4. Inventory management

The correct answer is: Creating the company income statement

The choice of creating the company income statement falls outside the realm of operations management because it pertains more to financial management rather than operational processes. Operations management primarily focuses on the efficiency and effectiveness of producing goods and services. It includes decisions related to managing the production schedules, quality control assessments, and inventory management, all of which are critical for optimizing production processes and ensuring timely delivery of products. Creating the company income statement involves accounting, finance, and reporting aspects, which detail the company’s financial performance over a specific period. This task focuses on revenue generation, expenses, and profit, rather than the operational activities that directly influence the production and delivery of products. Consequently, while the income statement is important for the overall management of a business, it does not fit the operational functions covered by operations management.