Question 1

Value can be added to an entity in all the following ways,EXCEPT:

Accepted Answer

A) Altering 
B) Facilitating 
C) Storing 
D) Transporting 
A) Altering 
B) Facilitating 
C) Storing 
D) Transporting B

Question 2

Can knowledge be considered an input in an organization? If so,in what way?

Accepted Answer

Knowledge can be considered an input in an organization.In fact,an organization can't successfully utilize its inputs without the proper knowledge of how to do so.An output can't provide great value to a customer if an organization's employees don't know how to effectively combine inputs to make a solution,or output.

Question 3

Which of the following uses techniques from Toyota Production System and JIT to eliminate waste and non-value-added activities?

Accepted Answer

A) Enterprise and material requirements planning 
B) Lean Management 
C) Quality Control 
D) Capacity Management 
A) Enterprise and material requirements planning 
B) Lean Management 
C) Quality Control 
D) Capacity Management B

Question 4

What is the difference between pure and applied research?

Accepted Answer

Pure research is simply workin

Question 5

Generally speaking,products are characterized by immediate consumption.

Accepted Answer

A) True 
 B)False

Question 6

What is the key element of a business strategy?

Accepted Answer

Determining the window of oppo

Question 7

Specify the outputs that are associated with outcomes in production and how their classifications can be misconstrued in certain scenarios.

Accepted Answer

The outputs that are in line with outcom

Question 8

What is the main purpose of any organization and why are operations the most important part of any organization from the consumer's perspective?

Accepted Answer

The main purpose of any organization is

Question 9

Learning how to plan and control project activities to meet specifications for performance,schedule,and cost are among the subjects of:

Accepted Answer

A) Project management 
B) Lean management 
C) Supply chain management 
D) Inventory management 
A) Project management 
B) Lean management 
C) Supply chain management 
D) Inventory management

Question 10

What are the major characteristics of most products that are not shared by most services?

Accepted Answer

They are tangible.There is minimal conta

Question 11

What does it mean for you for our currency to get weaker?

Accepted Answer

A weaker currency means you will have to

Question 12

What are the four product development strategies?

Accepted Answer

First-to-market,seco

Question 13

Why is a decline in a countries currency value described as a double-edged sword?

Accepted Answer

Citizens in that country will

Question 14

Sub-optimization occurs when one part of the system is improved to the detriment of other parts of the system.

Accepted Answer

A) True 
 B)False

Question 15

We tend to see production processes as either services or products.However,this classification may be more confusing than helpful.Why is that the case?

Accepted Answer

According to the textbook,any physical e

Question 16

Inputs in a bank's production system may include:

Accepted Answer

A) Loan default rates and the environment 
B) Interest rates and wage rates 
C) Checks and deposits 
D) Federal Reserve decisions and the economy 
A) Loan default rates and the environment 
B) Interest rates and wage rates 
C) Checks and deposits 
D) Federal Reserve decisions and the economy

Question 17

Describe the differences between passive and active RFID tags.

Accepted Answer

Active RFID tags contain a pow

Question 18

A type of output that is substantially different from products and other types of services is that of knowledge or _______;the more they are used,the more valuable they become.

Accepted Answer

The answer of A type of output that is substantially...

Question 19

The mortality curve is also referred to as the fallout rate.

Accepted Answer

A) True 
 B)False

Question 20

Which business strategy waits for the product to become fairly standardized and is demanded in large volumes?

Accepted Answer

A) First-to-market 
B) Cost minimization or late-to-market 
C) Second-to-market 
D) Market Segmentation 
A) First-to-market 
B) Cost minimization or late-to-market 
C) Second-to-market 
D) Market Segmentation

Value can be added to an entity in all the following ways,EXCEPT:

Can knowledge be considered an input in an organization? If so,in what way?

Which of the following uses techniques from Toyota Production System and JIT to eliminate waste and non-value-added activities?

What is the difference between pure and applied research?

Generally speaking,products are characterized by immediate consumption.

What is the key element of a business strategy?

Specify the outputs that are associated with outcomes in production and how their classifications can be misconstrued in certain scenarios.

What is the main purpose of any organization and why are operations the most important part of any organization from the consumer's perspective?

Learning how to plan and control project activities to meet specifications for performance,schedule,and cost are among the subjects of:

What are the major characteristics of most products that are not shared by most services?

What does it mean for you for our currency to get weaker?

What are the four product development strategies?

Why is a decline in a countries currency value described as a double-edged sword?

Sub-optimization occurs when one part of the system is improved to the detriment of other parts of the system.

We tend to see production processes as either services or products.However,this classification may be more confusing than helpful.Why is that the case?

Inputs in a bank's production system may include:

Describe the differences between passive and active RFID tags.

A type of output that is substantially different from products and other types of services is that of knowledge or _______;the more they are used,the more valuable they become.

The mortality curve is also referred to as the fallout rate.

Which business strategy waits for the product to become fairly standardized and is demanded in large volumes?

Executing Strategy: Project Management

Process Planning

Capacity and Scheduling

Supply Chain Planning and Analytics

Supply Chain Management

the Economic Order Quantity Model

Monitoring and Controlling the Processes

Process Improvement: Six Sigma

Process Improvement: Lean

Filters

Exam 1: Operations and Supply Chain Strategy for Competitiveness

Value can be added to an entity in all the following ways,EXCEPT:

Can knowledge be considered an input in an organization? If so,in what way?

Which of the following uses techniques from Toyota Production System and JIT to eliminate waste and non-value-added activities?

What is the difference between pure and applied research?

Generally speaking,products are characterized by immediate consumption.

What is the key element of a business strategy?

Specify the outputs that are associated with outcomes in production and how their classifications can be misconstrued in certain scenarios.

What is the main purpose of any organization and why are operations the most important part of any organization from the consumer's perspective?

Learning how to plan and control project activities to meet specifications for performance,schedule,and cost are among the subjects of:

What are the major characteristics of most products that are not shared by most services?

What does it mean for you for our currency to get weaker?

What are the four product development strategies?

Why is a decline in a countries currency value described as a double-edged sword?

Sub-optimization occurs when one part of the system is improved to the detriment of other parts of the system.

We tend to see production processes as either services or products.However,this classification may be more confusing than helpful.Why is that the case?

Inputs in a bank's production system may include:

Describe the differences between passive and active RFID tags.

A type of output that is substantially different from products and other types of services is that of knowledge or _______;the more they are used,the more valuable they become.

The mortality curve is also referred to as the fallout rate.

Which business strategy waits for the product to become fairly standardized and is demanded in large volumes?

Executing Strategy: Project Management

Process Planning

Capacity and Scheduling

Supply Chain Planning and Analytics

Supply Chain Management

the Economic Order Quantity Model

Monitoring and Controlling the Processes

Process Improvement: Six Sigma

Process Improvement: Lean

Filters