Exam (elaborations)
Exam 1 Review OMIS 338 questions with correct answers
- Course
- Institution
Exam 1 Review OMIS 338 questions with correct answers
[Show more]
Content preview
Exam 1 Review OMIS 338transportation process - correct answer ✔✔inputs --> process --> outputs
inputs - correct answer ✔✔material
labor
capital
process - correct answer ✔✔optimized system that transforms inputs to outputs
outputs - correct answer ✔✔goods and services
operations managment - correct answer ✔✔activities that creates value in the form of goods and
services by transforming inputs into outputs
services - correct answer ✔✔produce intangible objects
education
entertainment
lodging
government
financial
health services
goods - correct answer ✔✔tangible object
kept in inventory
limited customer involvement
standardize
automobile, computer, installed carpeting
, Note: OM addresses transformation of goods and services
productivity - correct answer ✔✔measure of process improvement
creation of goods and services
equation for productivity - correct answer ✔✔output produced divided by input used
transformation process - correct answer ✔✔business efficiency is achieved through productivity
improvements
external stakeholders - correct answer ✔✔government
suppliers
future employees
shareholders
customers
communities
internal stakeholders - correct answer ✔✔top management
sales/marketing
engineering
supply chain
quality
finance
human resources
legal
communications
information systems
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67163 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now