P370 midterm questions - Study guides, Class notes & Summaries

I-Core P370 Operations Midterm 2024 Questions with Correct Answers Transformation System -Answer-A user of resources that transforms inputs into some desired outputs Types of Transformations (6 Total) -Answer-Physical - Manufacturing Locational - Transportation Exchange - Retailing Storage - Warehousing Physiological - Health Care Informational - Telecommunications Triple bottom line -Answer-An accounting framework with three parts: social, environmental (or ecological) and financial....

I-Core P370 Operations Midterm 2024 Questions with Correct Answers Transformation System -Answer-A user of resources that transforms inputs into some desired outputs Types of Transformations (6 Total) -Answer-Physical - Manufacturing Locational - Transportation Exchange - Retailing Storage - Warehousing Physiological - Health Care Informational - Telecommunications Triple bottom line -Answer-An accounting framework with three parts: social, environmental (or ecological) and financial....

I-Core P370 Operations Midterm Exam Questions And Answers 100% Solved Transformation System - answerA user of resources that transforms inputs into some desired outputs Types of Transformations (6 Total) - answerPhysical - Manufacturing Locational - Transportation Exchange - Retailing Storage - Warehousing Physiological - Health Care Informational - Telecommunications Triple bottom line - answerAn accounting framework with three parts: social, environmental (or ecological) and financi...

operations management : -Oversees all activities that are directly related to making a product or providing a service -Responsible for the transformation of inputs of material, money, energy, people, and information into useful goods and services -The design, operation, and improvement of the production system that creates the firm's primary products and services Strategic : -long-term horizon -type of OM decision that often involve acquiring new resources -example is buying a elec...

P370 Midterm Review (Cutshall self check quizzes) Questions & Answers Rated 100% Correct!! A project has three sequences of activities (paths), two of which are critical. The critical paths of this project can be characterized in the following way: A. The slack times for each task in the entire project are zero. B. The chain of activities (from start to finish) that has the largest sum of activity durations. C. The early start date and early finish date are always the same for each activity ...

Operations Management : the design, operation, and improvement of the production system that creates the firm's primary products and services The Five P's : People, plants, parts, processes, and planning and control Strategic Decisions : long range business plans such as the acquisition of new resources Tactical Decisions 2 | P a g e : medium range, typically for the utilization of existing resources Operational Decisions : narrowly focused for a short time frame, involving the exe...

Transformation System : A user of resources that transforms inputs into some desired outputs Types of Transformations (6 Total) : Physical - Manufacturing Locational - Transportation Exchange - Retailing Storage - Warehousing Physiological - Health Care Informational - Telecommunications 2 | P a g e Triple bottom line : An accounting framework with three parts: social, environmental (or ecological) and financial. [People, Planet, Profit] Operations Management is... : The desi

Transformation System : A user of resources that transforms inputs into some desired outputs Types of Transformations (6 Total) : Physical - Manufacturing Locational - Transportation Exchange - Retailing Storage - Warehousing Physiological - Health Care Informational - Telecommunications 2 | P a g e Triple bottom line : An accounting framework with three parts: social, environmental (or ecological) and financial. [People, Planet, Profit] Operations Management is... : The design, o...