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OMIS 430 TEST 1 Question and answers 100% correct

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OMIS 430 TEST 1 Question and answers 100% correct OMIS 430 TEST 1 - WAIKER SELU Operations - correct answer specific part of the organization that produces goods or services using a set of activities (system) Operations Management - correct answer management of systems that create good...

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  • November 6, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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OMIS 430 TEST 1 - WAIKER SELU
Operations - correct answer ✔specific part of the organization that produces
goods or services using a set of activities (system)


Operations Management - correct answer ✔management of systems that
create goods or provide services


Three Main functions in business organizations - correct answer ✔1.
operations
2.finance
3. marketing


operations - correct answer ✔creation of goods/services


finance - correct answer ✔providing funds for operations/marketing


marketing - correct answer ✔promoting and/or selling goods and series


operations can be described as a process of transformations of - correct
answer ✔inputs into outputs


the conversion ____ during this transformation - correct answer ✔adds value


_____ and ____ are important aspects of conversion for assuring ____ and
_____ - correct answer ✔feedback and control, effectiveness and efficiency

, Operations is part of the - correct answer ✔supply chain


different types of inputs - correct answer ✔humans/labor(operators,
supervisors, clerks)
raw materials
sub assemblies
capital
technology (robots, machines)
information (time standards, process charts)
time


transformations/conversion - correct answer ✔processes
equipment
facilities/buildings


outputs - correct answer ✔goods of different types or services of different
types


interfaces - correct answer ✔interaction of operations function with other
functions in organizations


operations and marketing interaction is seen in - correct answer ✔product
and process design
forecasting
scheduling - realistic schedules
quality - level decisions - how much? how?
quantity decisions - EOQ

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