Flashcards
Chapter 7 Key Words
Cards in this deck (15)
- 1agentsThe people or organizations, such as customers or salespeople, who participate in business events.
- 2events(UML) Classes that model the organization’s transactions, usually affecting the organization’s resources, such as sales and cash receipts
- 3events(BPMN) important occurrences that affect the flow of activities in a business process, including start, intermediate, and end events.
- 4finished goods inventoryFor a manufacturing company, the inventory (REA resource) that has completed the manufacturing process and is held for sale to customers.
- 5gatewayShows process branching and merging as the result of decisions.
- 6intermediate error eventOccurs between start and end events and affects the flow of the process.
- 7labor operations eventIn the conversion process, an event that represents the recording of labor (and any associated overhead) costs applied to work-in-process.
- 8many-to-many relationshipExists when instances of one class are related to many instances of another class and vice versa.
- 9production authorization eventIn a UML class model of the conversion process, an event that records the authorization to produce one or more finished good inventory items.
- 10raw material issue eventIn a UML class diagram of the conversion process, an event that records the transfer of raw materials into work-in-process.
- 11raw materials inventoryFor a manufacturing company, the inventory (REA resource) acquired for use (conversion) in the manufacturing process.
- 12REAResource-event-agent framework for modeling business processes, originally developed by William McCarthy.
- 13resourcesThose things that have economic value to a firm, such as cash and products.
- 14type imageClass that represents management information to help manage a business process.
- 15work-in-process inventoryFor a manufacturing company, the value of raw materials, direct labor, and manufacturing overhead in production but not yet finished.