Exam 7: Operations Management and Quality for Producing Goods and Services

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What term describes a special ability that production does especially well to outperform the competition?

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The check-processing operations at your bank would be considered to be which type of system?

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Outsourcing has led to increasingly global supply chains.Describe three ways that a more global supply chain might be risky for a company that outsources.

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Successful companies,such as 3M and FedEx,use the same operations strategy.

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Which of the following questions is LEAST relevant to the issue of whether the company should switch to a just-in-time logistics system?

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The biggest challenge of TQM is motivating employees throughout the company to achieve quality goals.

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Which term refers to the fundamental rethinking and radical redesign of a business activity to achieve dramatic improvements in performance?

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Managers of a restaurant eat at a competing restaurant in order to identify desirable improvements in their own operations; this illustrates quality control.

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Which operations capability has FedEx given greatest credit for winning orders (business)in the marketplace?

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In a TQM environment,what are some steps that companies use to emphasize the importance of quality?

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What is the name for a production system in which all the needed materials and parts arrive at the precise moment they are required for each production stage?

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Which of the following,if true,would strengthen the argument for the shift to a just-in-time inventory system?

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Would a make-to-stock or make-to-order operations process be most efficient for the production of Sky Cruisers? Explain.

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Which of the following is a scheduling tool that breaks down large projects into steps to be performed and specifies the time required to perform each one?

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Which of the following BEST describes supply chain management?

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Just-in-time (JIT)production systems normally require large amounts of "safety stock" to be maintained in a firm's warehouse.

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Which of the following,if true,would weaken the argument for the shift to a just-in-time logistics system?

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Tootsie Roll Industry's corporate principle,"We run a trim operation and continually strive to eliminate waste,minimize costs,and implement performance improvements," is an example of which of the following?

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What is an operations capability?

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Explain time,place,and form utility.

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