Exam 1: Operations and Supply Chain Management

"Business Analytics" involves the analysis of data through a unique combination of linear programming,game theory,and queuing theory to better solve business problems.

(True/False)

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Question 41

The "triple bottom line" relates to the economic,employee,and environmental impact of a firm's strategy.

(True/False)

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Question 42

doctor completes a surgical procedure on a patient without error.The patient dies anyway.In operations management terms,we could refer to this doctor as being efficient but not effective.

(True/False)

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Question 43

Effectiveness means doing the right things to create the most value for the company.

(True/False)

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Question 44

supply chain manager is an OSCM job while a purchasing manager is not.

(True/False)

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Question 45

Service innovations can be patented.

(True/False)

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Question 46

"Product-service bundling" refers to a company building service activities into its product offerings for its customers.

(True/False)

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Question 47

Green and black belt programs teach six-sigma quality tools to managers at many corporations.

(True/False)

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Question 48

Just in time (JIT)production was a major breakthrough in manufacturing philosophy pioneered by the Japanese.

(True/False)

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Question 49

Which of the following is not a way that operations and supply processes are categorized?

(Multiple Choice)

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Question 50

Raising senior management awareness of OSCM as a competitive weapon is not an important issue.

(True/False)

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Question 51

Business process reengineering,which seeks revolutionary change,is contrasted with total quality management which commonly advocates incremental change.

(True/False)

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Question 52

The term "electronic commerce" refers to the use of the internet as an essential element of business activity.

(True/False)

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Question 53

Investors pay close attention to efficiency and productivity measures like net income per employee because they are interested in how well the firm manages its workforce relations.

(True/False)

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Question 54

All managers should understand the basic principles that guide the design of transformation processes.

(True/False)

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Question 55

"Supply Chain" includes only inbound freight and inventory.

(True/False)

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Question 56

Supply networks cannot be constructed for every product or service.

(True/False)

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Question 57

The term "value" refers to the relationship between quality and the price paid by the consumer.

(True/False)

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Question 58

OSCM is concerned with management of the trickiest parts of the system that produces a good or delivers a service.

(True/False)

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Question 59

"Supply Chain" refers to processes that move information and material to and from the manufacturing and service processes of the firm.

(True/False)

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Question 60

Showing 41 - 60 of 71

"Business Analytics" involves the analysis of data through a unique combination of linear programming,game theory,and queuing theory to better solve business problems.

The "triple bottom line" relates to the economic,employee,and environmental impact of a firm's strategy.

doctor completes a surgical procedure on a patient without error.The patient dies anyway.In operations management terms,we could refer to this doctor as being efficient but not effective.

Effectiveness means doing the right things to create the most value for the company.

supply chain manager is an OSCM job while a purchasing manager is not.

Service innovations can be patented.

"Product-service bundling" refers to a company building service activities into its product offerings for its customers.

Green and black belt programs teach six-sigma quality tools to managers at many corporations.

Just in time (JIT)production was a major breakthrough in manufacturing philosophy pioneered by the Japanese.

Which of the following is not a way that operations and supply processes are categorized?

Raising senior management awareness of OSCM as a competitive weapon is not an important issue.

Business process reengineering,which seeks revolutionary change,is contrasted with total quality management which commonly advocates incremental change.

The term "electronic commerce" refers to the use of the internet as an essential element of business activity.

Investors pay close attention to efficiency and productivity measures like net income per employee because they are interested in how well the firm manages its workforce relations.

All managers should understand the basic principles that guide the design of transformation processes.

"Supply Chain" includes only inbound freight and inventory.

Supply networks cannot be constructed for every product or service.

The term "value" refers to the relationship between quality and the price paid by the consumer.

OSCM is concerned with management of the trickiest parts of the system that produces a good or delivers a service.

"Supply Chain" refers to processes that move information and material to and from the manufacturing and service processes of the firm.

Strategy and Sustainability

Forecasting

Strategic Capacity Management

PART-A: Learning Curves

Projects Manufacturing and Service Processes

Manufacturing Processes

PART-A: Break-Even Analysis

Service Processes

Sales and Operations Planning

Material Requirements Planning

Quality Management and Six-Sigma Supply Chain Processes and Analytics

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics and Distribution

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