Question 1

OM is a key to any organization because it is a part of the

Accepted Answer

A)  business-level strategy 
B)  functional-level strategy 
C)  marketing strategy 
D)  company-level strategy 
A)  business-level strategy 
B)  functional-level strategy 
C)  marketing strategy 
D)  company-level strategy

Question 2

Which of the current trends in OM do you rate as the most important, and why?

Accepted Answer

The current trend in operations manageme

Question 3

Operations managers manage _______ to achieve desired customer service levels at an acceptable cost.

Accepted Answer

The answer of Operations managers manage _______ to achieve desired...

Question 4

Which of the following would be considered an advantage to a firm using a global supply chain?

Accepted Answer

A)  highly skilled but expensive foreign workers 
B)  cheap but untrained foreign workers 
C)  cheap sources of raw materials from a politically corrupt country 
D)  highly reliable suppliers 
A)  highly skilled but expensive foreign workers 
B)  cheap but untrained foreign workers 
C)  cheap sources of raw materials from a politically corrupt country 
D)  highly reliable suppliers

Question 5

A process produces 2,500 units of output that sell for $10 per unit. Resources contributed to this output are 100 hours of labor at $20 per hour, materials at $300, and overhead at $700. What is the labor productivity?

Accepted Answer

A)  20 units per hour 
B)  25 units per hour 
C)  40 units per hour 
D)  30 units per hour 
A)  20 units per hour 
B)  25 units per hour 
C)  40 units per hour 
D)  30 units per hour

Question 6

What is the multi-factor productivity for the week?

Accepted Answer

A)  2.73 
B)  1.50 
C)  6 
D)  3 
A)  2.73 
B)  1.50 
C)  6 
D)  3

Question 7

The ________ strategy of a business is executed through its operational practices.

Accepted Answer

The answer of The ________ strategy of a business is...

Question 8

Think of any manufacturer or service provider. Identify and describe this organization's inputs, processes, and outputs.

Accepted Answer

One example of a manufacturer is Apple I

Question 9

Operations drive revenues only.

Accepted Answer

A) True 
 B)False

Question 10

Key performance indicators (KPIs) help in business decision making.

Accepted Answer

A) True 
 B)False

Question 11

Functional strategies are not executed via operational practices.

Accepted Answer

A) True 
 B)False

OM is a key to any organization because it is a part of the

Which of the current trends in OM do you rate as the most important, and why?

Operations managers manage _______ to achieve desired customer service levels at an acceptable cost.

Which of the following would be considered an advantage to a firm using a global supply chain?

A process produces 2,500 units of output that sell for $10 per unit. Resources contributed to this output are 100 hours of labor at $20 per hour, materials at $300, and overhead at $700. What is the labor productivity?

What is the multi-factor productivity for the week?

The ________ strategy of a business is executed through its operational practices.

Think of any manufacturer or service provider. Identify and describe this organization's inputs, processes, and outputs.

Operations drive revenues only.

Key performance indicators (KPIs) help in business decision making.

Functional strategies are not executed via operational practices.

Designing Products and Processes

Process and Service Design

Managing Processes

Forecasting

Capacity Planning

Managing Capacity

Managing Inventory

Managing Quality

Supply Chain Design

Managing Supply Chains

Finding the Right Location

Working With Projects

Filters

Exam 1: Operations Management and You

OM is a key to any organization because it is a part of the

Which of the current trends in OM do you rate as the most important, and why?

Operations managers manage _______ to achieve desired customer service levels at an acceptable cost.

Which of the following would be considered an advantage to a firm using a global supply chain?

A process produces 2,500 units of output that sell for $10 per unit. Resources contributed to this output are 100 hours of labor at $20 per hour, materials at $300, and overhead at $700. What is the labor productivity?

What is the multi-factor productivity for the week?

The ________ strategy of a business is executed through its operational practices.

Think of any manufacturer or service provider. Identify and describe this organization's inputs, processes, and outputs.

Operations drive revenues only.

Key performance indicators (KPIs) help in business decision making.

Functional strategies are not executed via operational practices.

Designing Products and Processes

Process and Service Design

Managing Processes

Forecasting

Capacity Planning

Managing Capacity

Managing Inventory

Managing Quality

Supply Chain Design

Managing Supply Chains

Finding the Right Location

Working With Projects

Filters