BCOR 3050 OSC EXAM 1 QUESTIONS WITH 100% CORRECT ANSWERS|100% verified

BCOR 3050 OSC EXAM 1 QUESTIONS WITH 100% CORRECT ANSWERS economic value CORRECT ANSWER is a measure of the benefit provided by a good or service to an economic agent. Operations Management CORRECT ANSWER transformation of inputs to outputs. effectively and efficiently. inputs (raw materials)----- the process(wip inv)----- output(finished goods) What is operations management? CORRECT ANSWER the development and administration of the activities involved in transforming resources into goods and services materials manager CORRECT ANSWER responsible for ensuring the inventory is adequate for production production scheduler CORRECT ANSWER Matches the product orders with a sales forecast to get the factory running smoothly. Quality Management CORRECT ANSWER guarantees no defects purchasing agent CORRECT ANSWER Person in charge of the purchasing materials