Operations management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs

A contract that decreases overall costs but leads to higher lot sizes and thus higher levels of inventory in the supply chain is a

A) buyback or returns contract. B) revenue-sharing contract. C) quantity flexibility contract. D) quantity discount contract.

Executable code that attaches itself to software, replicates itself, and spreads to other systems or files. When triggered, it makes unauthorized alterations to the way a system operates, which is called a

A) virus. B) logic bomb. C) trap door. D) data diddle.