Operations Management Celeste Had Been Asked to Attend Training in Operations Management.Her

question 100

Multiple Choice

Operations Management
Celeste had been asked to attend training in operations management.Her background and training had previously been in accounting, but with the reorganisation looming, it was either learn a new skill or be made redundant.She was actually looking forward to the training.She felt her background with numbers should prove valuable in operations management, but she admitted that she knew little about the field.Until now, she had been in a support staff function and had little feel for how their product went from raw materials to finished product.Celeste's first class would be tonight at the Australian Institute of Management and she was excited about the opportunity.
-Refer to Operations Management (Scenario) .Until now, Celeste had thought more about 'profitability' than 'productivity'.She found it hard to remember that the formula for productivity was 'the overall output of goods and services produced ________ the inputs needed to generate that output'.

• A)multiplied by
• B)added to
• C)subtracted from
• D)squared with
• E)divided by

Develop proficiency in calculating the adjusted cash balance by adding deposits and subtracting checks written.

Acquire skills to reconcile cash balances with bank statements or completion of check stubs.

Enhance mathematical skills specifically in addition and subtraction of monetary values in the context of business transactions.

Understand the concepts of markup based on selling price and how to compute it.

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Definitions:

Equipment

The necessary items for a particular purpose, including tools, machinery, and other physical devices.

Charity

An organization or a specific act of generosity and kindness towards others, especially aimed at providing help and raising money for those in need.

Refusing Requests

The act of denying or declining a request or offer, typically done politely and with an explanation.

Indirect-Order Message

Communication that presents its main idea or conclusion after providing all necessary background or supporting information.