Word Origin & History. limb O.E. lim limb, joint, main branch of a tree, from P.Gmc. *limu- (cf. O.N. limr limb, lim small branch of a tree), a variant of *liÃ¾u- (cf. O.E. liÃ¾, O.Fris. lith, O.N. liÃ°r, Goth. liÃ¾us a limb; with prefix ga-, source of Ger. glied limb, member), from PIE base *lei- to bend, be movable, be nimble.. The parasitic -b began to appear late 1500s for no reason.
Operations management (OM) is the business function responsible for managing the process of creation of goods and services. It involves planning, organizing, coordinating, and controlling all the resources needed to produce a companyâs goods and services.
Operations management is concerned with managing the operations function in an organization. Operations is one of the major functions in an organization along with marketing, finance and human resources. The operations function requires management of both the strategic and day-to-day production of goods and services. Ford Motor car assembly line: the classical example of a manufacturing production system.