OM- Midterm Examination

OM- Midterm Examination

University

35 Qs

quiz-placeholder

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OM- Midterm Examination

OM- Midterm Examination

Assessment

Quiz

Specialty

University

Easy

Created by

Glaiza Cabacungan

Used 1+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Revenue Management used to make appropriate decisions for business pricing and distribution.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When demand exceeds the optimal supply level, errors starts to occur, and the service quality starts to decline.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

RM involves using analytics and performance data to help business predict their customers behavior.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inventory management requires knowing what product are in your inventory and where they are located within your warehouse.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

RevPATH translate into the product of capacity utilization and average revenue per service transaction on the demand side.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Managing demand is the act of identifying, acquiring and managing resources and suppliers that are essential to the operations of an organization.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The RevPAR measures the total operating revenue / number of available seat miles.

TRUE

FALSE

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