Exam 1: Introduction to Operations Management

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Which of the following developments related to the historical evolution of operations management is the oldest?

(Multiple Choice)
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The moving assembly line introduced by Henry Ford is an example of the development of mass production based on large volumes of standardized goods produced using low or semi-skilled workers and highly specialized equipment.

(True/False)
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Measurements taken at various points in the transformation process for control purposes are called:

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Storing an item earlier than the scheduled delivery date is an example of a value adding activity.

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Operations management pertains almost exclusively to the management of manufacturing operations.

(True/False)
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A balance achieved between two incompatible features is referred to as (a)___________.

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The operations manager has the ultimate responsibility for the creation of goods or performance of services.

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Many operations management decisions can be described as trade-offs.

(True/False)
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Prior to the Industrial Revolution,goods were produced primarily by craftsmen or their apprentices using custom made parts.

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The responsibilities of operations managers classified as controlling activities are:

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Tactical planning and control activities involve making decisions about all of the following EXCEPT:

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Operations,marketing,and finance function independently of each other in most organizations.

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The three primary functions that exist in most business organizations are:

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Dealing with the fact that certain aspects of any management situation are more important than others is called:

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Which of the following is not a general approach to decision-making?

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Design decisions are usually strategic and long term,while planning decisions are tactical and medium term.

(True/False)
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Frederick Taylor spearheaded the scientific management movement in America.

(True/False)
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Lean production systems operate with lower amounts of inventory,so emphasis is placed on anticipating when problems might occur before they arise.

(True/False)
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The Pareto phenomenon is one of the most important and pervasive concepts that can be applied at all levels of management.

(True/False)
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Business analytics uses software to build models which in turn support decision making.

(True/False)
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