Operations Management Is Primarily Concerned with Which Element of Systems

question 166

Multiple Choice

Operations management is primarily concerned with which element of systems theory?

• A) Inputs
• B) Outputs
• C) Transformation processes
• D) Feedback
• E) Entropy

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Definitions:

Mutually Exclusive

Refers to events that cannot occur at the same time in probability theory; the occurrence of one event means the other cannot happen.

P(A ∪ B)

The probability that at least one of two events A or B occurs.

Independent Events

Two or more events whose outcomes do not affect each other.

P(A ∪ B)

Represents the probability of the occurrence of at least one of two events A or B.