Exam 16: Operations Management

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What is often referred to as the technical core and is the actual conversion of inputs to outputs?

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Which of the following represents the five key competitive priorities?

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When does OM primarily increase value-added?

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Which type of operational planning uses materials requirement planning systems?

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Which of the following is not a factor of production when creating goods and services?

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Which modern quality control standard is a framework of best practices in managing, measuring, and monitoring software development processes?

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What deals with the day-to-day procedures for performing work, including scheduling, inventory, and process management?

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What describes all of the activities managers do to help companies create goods?

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Which of the following is an example of a goods or a service?

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Explain operations management role in business.

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_______ planning focuses on long range planning such as plant size, location, and type of process to be used.

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What is the creation of goods and services using the factors of production including land, labor, capital, entrepreneurship, and knowledge?

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___________ management describes all the activities managers do to help companies create goods.

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What focuses on long range planning such as plant size, location, and type of process to be used?

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Which of the following refers to value-added?

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A transformation process is often referred to as the technical core, especially in manufacturing organization, and is the actual conversion of inputs to outputs.

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Production is the creation of goods and services using the factors of production: land, labor, capital, entrepreneurship, and knowledge.

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Which of the following interacts with each phase in the conversion of inputs to outputs?

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________ management is the management of systems or processes that convert or transform resources into goods and services.

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What consists of several stand-alone businesses?

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