Exam 1: Introduction to Operations Management

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Which of the following is not a characteristic of models used to support decision making?

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Operating at minimum cost and time is referred to as ___________.

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Value-added refers to the cost of the inputs required to produce goods and services.

(True/False)
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The operations function exists only in firms that are goods-oriented.

(True/False)
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Queuing techniques are useful for analyzing situations in which waiting lines form.

(True/False)
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A basic difference between manufacturing and service organizations is that services are action-oriented and manufacturing is goods-oriented.

(True/False)
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Scheduling jobs is a system design decision and not a planning decision.

(True/False)
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Management information systems (MIS)are concerned with providing management with the information it needs to effectively manage.

(True/False)
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Planning decisions are usually __________ and __________ term.

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As long as a product is ready in advance of when customers demand it,the timing of when a product is manufactured does not influence the value-added.

(True/False)
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Which of the following is not a characteristic of service operations?

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North American management practices have had a significant impact on Japanese manufacturers.

(True/False)
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The service industry in Canada has been growing.According to Statistics Canada,what percent of jobs are in services?

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Effectiveness refers to achieving intended goals whereas efficiency refers to minimizing cost and time.

(True/False)
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A systems approach emphasizes interrelationships among subsystems,but its main theme is that the whole is greater than the sum of its individual parts.

(True/False)
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As a service business,the operations management activities of an airline company have nothing in common with the operations management activities within a bicycle manufacturing company.

(True/False)
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System capacity and location of facilities are examples of:

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Which of the following does not relate to system design?

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Of the following,which aspect of the evolution of operations management is affiliated with Japanese manufacturing companies?

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The fact that improvements in a few key areas of operations will have more impact than many improvements in less significant areas is referred to as the ___________.

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