Which statement best describes the distinction between production management and operations management?

$1)$ Production management involves activities managers perform to help create services while operations management involves the activities managers perform to produce goods.

$2)$ Production management involves activities managers perform to obtain physical resources while operations management involves the activities managers perform to obtain the financial resources.

$3)$ Production management involves activities managers perform to help create goods while operations management is a term that involves the activities involved in producing services as well as goods.

$4)$ Production management involves activities managers perform to help create intangible products while operations management involves the activities managers perform to produce tangible products.