6/30/25, 11:34 AM OM 300 Chilcutt Exam 1/ Flashcards | Quizlet
OM 300 Chilcutt Exam 1/
Save
Quick quiz
Learn 1 /7 Study with Learn
relate people, money, and supplies to specific activities and activities that
relate to each other
ex; project activities, start and end times, network
Choose matching term
1 scheduling 2 reasons to globalize
3 decline 4 SWOT
Don't know?
Terms in this set (76)
https://quizlet.com/1057691388/om-300-chilcutt-exam-1-flash-cards/?new 1/11
, 6/30/25, 11:34 AM OM 300 Chilcutt Exam 1/ Flashcards | Quizlet
the set of activities that create value in the form of
Operations Management goods and services by transforming inputs into
outputs
Marketing generates demand
tracks how well the organization is doing, pays
accounting
bills, and collects money
operations creates the product
a global network of organizations and activities
supply chain that supply a firm with goods and services.
--Farm to fork
Economic activities that typically produce an
intangible product (such as education,
services
entertainment, lodging, government, financial, and
health services)
manufacturers produce tangible products
the ratio of outputs (goods and services) divided
productivity by the inputs (resources such as labor and capital)
--objective of businesses is to improve this
the ratio between the amount of output produced
by an industry or business sector and the amount
multi-factor productivity
of inputs used
--often expressed in dollars
may change while the quantity of inputs and
quality
outputs remains constant
external elements may cause an increase of decrease in productivity
may be lacking in our multi-factor productivity
precise units
formula
https://quizlet.com/1057691388/om-300-chilcutt-exam-1-flash-cards/?new 2/11
OM 300 Chilcutt Exam 1/
Save
Quick quiz
Learn 1 /7 Study with Learn
relate people, money, and supplies to specific activities and activities that
relate to each other
ex; project activities, start and end times, network
Choose matching term
1 scheduling 2 reasons to globalize
3 decline 4 SWOT
Don't know?
Terms in this set (76)
https://quizlet.com/1057691388/om-300-chilcutt-exam-1-flash-cards/?new 1/11
, 6/30/25, 11:34 AM OM 300 Chilcutt Exam 1/ Flashcards | Quizlet
the set of activities that create value in the form of
Operations Management goods and services by transforming inputs into
outputs
Marketing generates demand
tracks how well the organization is doing, pays
accounting
bills, and collects money
operations creates the product
a global network of organizations and activities
supply chain that supply a firm with goods and services.
--Farm to fork
Economic activities that typically produce an
intangible product (such as education,
services
entertainment, lodging, government, financial, and
health services)
manufacturers produce tangible products
the ratio of outputs (goods and services) divided
productivity by the inputs (resources such as labor and capital)
--objective of businesses is to improve this
the ratio between the amount of output produced
by an industry or business sector and the amount
multi-factor productivity
of inputs used
--often expressed in dollars
may change while the quantity of inputs and
quality
outputs remains constant
external elements may cause an increase of decrease in productivity
may be lacking in our multi-factor productivity
precise units
formula
https://quizlet.com/1057691388/om-300-chilcutt-exam-1-flash-cards/?new 2/11
