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Bus 70 Exam 3 Review

Bus 70 Exam 3 Review

Assessment

Flashcard

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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30 questions

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1.

FLASHCARD QUESTION

Front

What is the primary focus of operations management?

Back

Developing and administering activities to transform resources into goods and services

2.

FLASHCARD QUESTION

Front

What does the Transformation Process primarily involve?

Back

Converting inputs into outputs

3.

FLASHCARD QUESTION

Front

Which of the following best describes inputs and outputs in the transformation process?

Back

Inputs are resources like labor, money, materials, and energy, while outputs are the goods, services, and ideas produced.

4.

FLASHCARD QUESTION

Front

Which of the following is NOT typically considered when deciding where to locate a facility? Taxes and inducements, Proximity to market, Availability of raw materials, transportation, power, and labor, Climatic influences and community characteristics

Back

The type of distribution channel

5.

FLASHCARD QUESTION

Front

What is the primary goal of supply chain management?

Back

To connect and integrate all parties of the distribution system in order to satisfy customers

6.

FLASHCARD QUESTION

Front

Which of the following is NOT a type of logistics? Inbound logistics, Outbound logistics, Supplier logistics, Third-party logistics

Back

Supplier logistics

7.

FLASHCARD QUESTION

Front

What does MRP stand for and what does it do?

Back

Material Requirements Planning, which schedules the precise quantity of materials needed to make the product.

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