Business Operations Crossword Puzzle

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Business Operations Crossword Puzzle

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QUESTIONS LIST: critical path method: a project-management tool that illustrates the relationships among all the activities involved in completing a project and identifies the sequence of activities likely to take the longest to complete, outsourcing: arranging for other organizations to perform supply chain functions that were previously performed internally, inventory: stocks of goods or other items held by organizations, automation: replacing human operation and control of machinery and equipment with some form of programmed control, goods: tangible products, offshoring: moving production or support processes to foreign countries, value chain: the network of relationships that channels the flow of inputs, information, and financial resources through all of the processes directly or indirectly involved in producing goods and services and distributing them to customers.just in time production: a production system that emphasizes the production of goods to meet actual current demand, thus minimizing the need to hold inventories of finished goods and work in process at each stage of the supply chain, efficiency: producing output or achieving a goal at the lowest cost, services: intangible products, six sigma: an approach to quality improvement characterized by very ambitious quality goals, extensive training of employees, and a long-term commitment to working on quality-related issues.