Question 1

Infrastructure decisions within operations strategy include the selection of the logic associated with the planning and control systems

Accepted Answer

A) True 
 B)False

Question 2

Activity-system maps depict the geographic reach of a company's business strategies.

Accepted Answer

A) True 
 B)False

Question 3

Activity-system maps show how a company's strategy is delivered through a set of tailored activities.

Accepted Answer

A) True 
 B)False

Question 4

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio is called flexibility.

Accepted Answer

A) True 
 B)False

Question 5

In a partial measure of productivity, the denominator of the ratio would include all resources used or all inputs.

Accepted Answer

A) True 
 B)False

Question 6

When developing an operations and supply chain strategy, which of the following is an important product-specific criterion to consider?

Accepted Answer

A) Technical liaison 
B) Learning curve 
C) Competitor's product performance 
D) Production lot size 
E) Total quality management 
A) Technical liaison 
B) Learning curve 
C) Competitor's product performance 
D) Production lot size 
E) Total quality management

Question 7

One of the competitive dimensions that form the competitive position of a company when planning its strategies is making the best trade-off.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is not a major strategic operational competitive dimension that forms a company's competitive position?

Accepted Answer

A) Cost or price 
B) Delivery speed 
C) Delivery reliability 
D) Management acumen 
E) Coping with changes in demand 
A) Cost or price 
B) Delivery speed 
C) Delivery reliability 
D) Management acumen 
E) Coping with changes in demand

Question 9

Various financial data for SunPath Manufacturing for 2012 and 2013 follow.   What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2012 and 2013?

Accepted Answer

A) -9.22 
B) 2.33 
C) -0.53 
D) -2.88 
E) 10.39 
A) -9.22 
B) 2.33 
C) -0.53 
D) -2.88 
E) 10.39

Question 10

Which of the following is a total measure of productivity?

Accepted Answer

A) Output/Materials 
B) Output/(Labor + Capital + Energy) 
C) Output/Labor 
D) Output/Inputs 
E) All of these 
A) Output/Materials 
B) Output/(Labor + Capital + Energy) 
C) Output/Labor 
D) Output/Inputs 
E) All of these

Question 11

An operations and supply chain strategy must be integrated with the organization's corporate strategy.

Accepted Answer

A) True 
 B)False

Question 12

Describe a specific example of the trade-offs between any two of the competitive dimensions.

Accepted Answer

This question requires that the student

Question 13

By following a straddling strategy, firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success.

Accepted Answer

A) True 
 B)False

Question 14

The triple bottom line considers evaluating the firm against social, economic, and environmental criteria.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is a partial measure of productivity?

Accepted Answer

A) Output/Materials 
B) Output/(Labor + Capital + Energy) 
C) Output/All resources used 
D) Output/Inputs 
E) All of these 
A) Output/Materials 
B) Output/(Labor + Capital + Energy) 
C) Output/All resources used 
D) Output/Inputs 
E) All of these

Question 16

What is a criterion or product characteristic that differentiates a product from the products of competitors in a way meaningful to the market called? ____________________

Accepted Answer

order winner
Explanation: An o

Question 17

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours, and the total materials used were 425 units, what kind of productivity measure could you use to compute productivity?

Accepted Answer

A) Partial measure 
B) Multifactor measure 
C) Total measure 
D) Partial measure and Multifactor measure 
E) Multifactor measure and Total measure 
A) Partial measure 
B) Multifactor measure 
C) Total measure 
D) Partial measure and Multifactor measure 
E) Multifactor measure and Total measure

Question 18

One of the competitive dimensions that form the competitive position of a company when planning its strategies is delivery speed.

Accepted Answer

A) True 
 B)False

Question 19

People who provide capital to the firm through stock purchases are called: _____________________

Accepted Answer

shareholders
Explanation: Shar

Question 20

Explain the role that "order qualifiers" and "order winners" play as the interface between marketing and operations.

Accepted Answer

The student's answer to this question sh

Exam 2: Strategy

Infrastructure decisions within operations strategy include the selection of the logic associated with the planning and control systems

Activity-system maps depict the geographic reach of a company's business strategies.

Activity-system maps show how a company's strategy is delivered through a set of tailored activities.

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio is called flexibility.

In a partial measure of productivity, the denominator of the ratio would include all resources used or all inputs.

When developing an operations and supply chain strategy, which of the following is an important product-specific criterion to consider?

One of the competitive dimensions that form the competitive position of a company when planning its strategies is making the best trade-off.

Which of the following is not a major strategic operational competitive dimension that forms a company's competitive position?

Various financial data for SunPath Manufacturing for 2012 and 2013 follow. What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2012 and 2013?

Which of the following is a total measure of productivity?

An operations and supply chain strategy must be integrated with the organization's corporate strategy.

Describe a specific example of the trade-offs between any two of the competitive dimensions.

By following a straddling strategy, firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success.

The triple bottom line considers evaluating the firm against social, economic, and environmental criteria.

Which of the following is a partial measure of productivity?

What is a criterion or product characteristic that differentiates a product from the products of competitors in a way meaningful to the market called? ____________________

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours, and the total materials used were 425 units, what kind of productivity measure could you use to compute productivity?

One of the competitive dimensions that form the competitive position of a company when planning its strategies is delivery speed.

People who provide capital to the firm through stock purchases are called: _____________________

Explain the role that "order qualifiers" and "order winners" play as the interface between marketing and operations.

Introduction

Design of Products and Services

Project Management

Strategic Capacity Management

Learning Curves

Manufacturing Processes

Facility Layout

Service Processes

Waiting Line Analysis and Simulation

Process Design and Analysis

Six Sigma Quality

Statistical Quality Control

Lean Supply Chains

Logistics Distribution, and Transportation

Global Sourcing and Procurement

Enterprise Resource Planning Systems

Forecasting

Sales and Operations Planning

Inventory Management

Material Requirements Planning

Workcenter Scheduling

Theory of Constraints

Health Care

Operations Consulting

Filters