UNIVERSITY OF ALABAMA OM 300
CHILCUTT FINAL EXAM FALL 2025-
2026 UPDATED!!
Production - ANSWERThe making of goods and services
Productivity - ANSWERis the ratio of outputs (goods and services)
Product Life Cycle - ANSWERintroduction, growth, maturity, decline
Outsourcing - ANSWERtransferring a firm's activities that have traditionally been
internal to external suppliers
Core Competencies - ANSWERa set of skills, talents, and capabilities that
differentiates an organization from it's competition.
Multifactor productivity - ANSWERindicates the ratio of goods and services produced
(outputs) to many or all resources (inputs)
Competitive Advantage - ANSWERthe creation of a unique advantage over
competitors
Critical Path - ANSWERthe computed longest time path(s) through a network
Project Manager - ANSWERperson responsible for coordinating activities of several
departments for the completion of a specific project
Product Focus - ANSWERHigh-volume, low-variety. They are also called continuous
processes because they have very long, continuous production runs. Products such
as glass, paper, tin sheets, lightbulbs, beer, and potato chips are made via a
continuous process
Mass Customization Focus - ANSWERThe rapid, low-cost production of goods and
services that fulfill unique customer desires
RFID (radio frequency identification) - ANSWERRFID is integrated circuitry with its
own tiny antennas that use radio waves to send signals a limited range—usually a
matter of yards.
ASRS (automated storage and retrieval systems) - ANSWERprovide for the
automatic placement and withdrawal of parts and products into and from designated
places in a warehouse
CHILCUTT FINAL EXAM FALL 2025-
2026 UPDATED!!
Production - ANSWERThe making of goods and services
Productivity - ANSWERis the ratio of outputs (goods and services)
Product Life Cycle - ANSWERintroduction, growth, maturity, decline
Outsourcing - ANSWERtransferring a firm's activities that have traditionally been
internal to external suppliers
Core Competencies - ANSWERa set of skills, talents, and capabilities that
differentiates an organization from it's competition.
Multifactor productivity - ANSWERindicates the ratio of goods and services produced
(outputs) to many or all resources (inputs)
Competitive Advantage - ANSWERthe creation of a unique advantage over
competitors
Critical Path - ANSWERthe computed longest time path(s) through a network
Project Manager - ANSWERperson responsible for coordinating activities of several
departments for the completion of a specific project
Product Focus - ANSWERHigh-volume, low-variety. They are also called continuous
processes because they have very long, continuous production runs. Products such
as glass, paper, tin sheets, lightbulbs, beer, and potato chips are made via a
continuous process
Mass Customization Focus - ANSWERThe rapid, low-cost production of goods and
services that fulfill unique customer desires
RFID (radio frequency identification) - ANSWERRFID is integrated circuitry with its
own tiny antennas that use radio waves to send signals a limited range—usually a
matter of yards.
ASRS (automated storage and retrieval systems) - ANSWERprovide for the
automatic placement and withdrawal of parts and products into and from designated
places in a warehouse
