1-6 Operations

What is the process of categorizing, sorting, and transporting goods to their final destinations efficiently?

• Fleet Management

• Distribution

• Logistics

• Manufacturing

Which term refers to managing vehicles over their useful life to ensure efficient operations?

• Gross Margin

• Production

• Fleet Management

• Transportation

What is the margin called when sales revenue minus cost of goods sold is calculated?

• Inputs

• Gross Margin

• Output

• Operations

What are resources used to make goods and services, like raw materials and labor, called?

• Logistics

• Inputs

• Manufacturing

• Purchasing

What is the process of optimizing the flow of inputs and outputs until goods reach their final destination?

• Distribution

• Fleet Management

• Logistics

• Mass Production

What is the making of products from raw materials and other inputs like labor and machinery called?

• Manufacturing

• Production

• Operations

• Purchasing

What involves using technology and assembly lines to make large quantities of the same product?

• Transportation

• Mass Production

• Output

• Distribution

What term describes the daily functioning of an organization, managing inputs and outputs?

• Operations

• Logistics

• Fleet Management

• Purchasing

What is the end result of the process that uses inputs to make goods and services?

• Inputs

• Output

• Production

• Manufacturing

What is the creation of usable goods called?

• Production

• Distribution

• Logistics

• Fleet Management