In the Context of Operations Management,which of the Following Is

question 54

Multiple Choice

In the context of operations management,which of the following is true of the transformation process?

• A)It focuses on producing outputs that are less worth than the combined costs of the inputs.
• B)It occurs in all organizations,regardless of what they produce or their objectives.
• C)It occurs only in manufacturing companies because they use tangible inputs.
• D)It involves replacing quality with productivity when manufacturing goods.
• E)It includes the same methods and number of steps in all organizations.

---

Definitions:

Total Costs

The total expense of production, encompassing both non-changing and changing costs.

Average Product

The output per unit of input, calculated by dividing total product by the total quantity of input used to produce that output.

Nonlabor Resources

Inputs or resources used in production that do not include human labor, such as raw materials, machinery, and land.

Marginal Product

The additional output generated by adding one more unit of a specific input, such as labor or capital, while holding other inputs constant.