Which of the Following Statements About Operations Management Processes Is

question 15

Multiple Choice

Which of the following statements about operations management processes is NOT true?

• A)Inputs to operations management processes can be materials,people,and/or information.
• B)Outputs of operations management processes are always tangible goods.
• C)Operations management processes involve transformation of inputs into valuable outputs.
• D)Design of operations processes should reflect what customers want.

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Definitions:

Natural Resources

Resources present in nature, like minerals, forests, water, and fertile lands, that can be tapped for making money.

Absolute Advantage

The ability of a country or individual to produce a good or service more efficiently than other countries or individuals, using fewer resources.

Production Possibilities Frontiers

A curve depicting the maximum output combinations of two goods that can be produced given the resources and technology.

Opportunity Cost

The value of the best alternative that must be forgone when making a choice.