Exam 28: B: Extension: A Operations Management

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

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D

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

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Which of the following activities is within the scope of OM?

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

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Which type of operational planning uses global inventory management systems?

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Which of the following is one of the five key competitive priorities?

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Which type of operational planning uses inventory management and control systems?

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Which type of operational planning uses distribution management systems?

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Which of the following activities is not within the scope of OM?

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Distribution management systems coordinate the process of transporting materials from a manufacturer to distribution centers to the final customers.

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Describe the five characteristics of competitive priorities.

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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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OM information systems can answer all of the following questions, except:

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Value added is the term used to describe the difference between the cost of inputs and the value of price of outputs.

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Which of the following is an example of goods or 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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Six sigma qualities goal is to detect potential problems to prevent their occurrence and produce no more than 3.4 defects per million opportunities.

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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 refers to value added?

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