ITM 330 Study Guide - Midterm Guide: Production Planning, Materials Management, Quality Management

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Contents: textbook chapters 1-5, and posted reading materials. Parameters: please have photo id and pencil(s) ready. No cell phone or any other device is allowed. Preparation for the exam: (1) please read chapters 1-5 and reading materials. (2) please read the chapter summary and study the key terms, both are at the end of each chapter. Many questions will be on the concepts in key term. Sample questions, actual midterm exam questions will not be limited to sample question only: Inputs: customer data, order data, sales trend date, per unit cost, company travel expense policy: outputs: sales strategies, product pricing, employment needs. Inputs: product sales data, production plans, inventory levels, layoff and recall company policy: outputs: raw material orders, packaging orders, resource expenditure data, production and inventory reports, hiring information. In: payments from customers, accounts recievable/payable data, sales data, production and inventory data, payroll and expense data: out: payments to suppliers, financial reports, customer credit data.