AOS 3: Inputs, Processes and Outputs Flashcards

1
Q

What is the operation system?

A

Operation system is the transformation of inputs into a final output, tangible or intangible.

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2
Q

What is inputs?

A

Inputs are the resources used in the process of production.
Includes:
- Natural resources
- Labour resources
- Capital resources
- Time
- Knowledge
- Money

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3
Q

What are natural resources?

A

Natural resources are raw materials from the land.

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4
Q

What are labour resources?

A

Labour resources are peoples efforts involved in the operation.

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5
Q

What are capital resources?

A

Capital resources are facilities, buildings, machinery, equipment, and component parts.

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6
Q

What is time?

A

Time refers to the coordination of resources within appropriate time-frames.

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7
Q

What is knowledge?

A

Knowledge can contribute to solve problems in the transformational process.

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8
Q

What is money?

A

Money can be converted into materials, capital or labour resources.

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9
Q

What are processes?

A

Processes are the activities that help transform the inputs into the final output.
processes can impact:
- Quality
- Speed of delivery
- Amount of wastage
- Safety

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10
Q

What are outputs?

A

Outputs are the finished good or service that is produced.
- Quality of end product will reflect inputs and processes
- Businesses can produce outputs involving goods and services.

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