OM 300 FINAL REVIEW QUESTION AND ANSWERS RATED
A+ 2025/2026
1. Operations
activities that transform inputs into goods/services and creates value
Man-agement
2. 3 essential
busi-ness Marketing (creates demand), operations (produce goods/services),
function finance/ac-counting (tracks money)
3. Supply Chain network of organizations that supply goods/services
4. 10 Strategic Design of goods and services
OM decisions
Managing quality
Process
strategy
Location
Layout
HR
Supply-chain management
Inventory management
Scheduling
Maintenance
5. Productivity output/Input
6. Productivity in hard to measure quality, labor-intensive, hard to automate
the service
sector
7. Mission organizations purpose
8. Strategy action plan to achieve mission
9. Product Life product is first launched into the market low sales, high costs, little to no
cycle
profit, create awareness
- introduction
1/
14
, 10. Product life style - sales begin to increase rapidly, profits rise, more competitors enter,
product im-
growth provement happen, gain market share
2/
14
A+ 2025/2026
1. Operations
activities that transform inputs into goods/services and creates value
Man-agement
2. 3 essential
busi-ness Marketing (creates demand), operations (produce goods/services),
function finance/ac-counting (tracks money)
3. Supply Chain network of organizations that supply goods/services
4. 10 Strategic Design of goods and services
OM decisions
Managing quality
Process
strategy
Location
Layout
HR
Supply-chain management
Inventory management
Scheduling
Maintenance
5. Productivity output/Input
6. Productivity in hard to measure quality, labor-intensive, hard to automate
the service
sector
7. Mission organizations purpose
8. Strategy action plan to achieve mission
9. Product Life product is first launched into the market low sales, high costs, little to no
cycle
profit, create awareness
- introduction
1/
14
, 10. Product life style - sales begin to increase rapidly, profits rise, more competitors enter,
product im-
growth provement happen, gain market share
2/
14
