Exam 1: Introduction to Operations Management

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Business organizations consist of three major functions which, ideally:

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Two widely used metrics of variation are the __________ and the _________.

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The lean production philosophy has been slow to be adopted in service industries.

(True/False)
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Which of the following is essential to consider with respect to managing a process to meet demand?

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Product design and process selection are examples of _______ decisions.

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Which of the following is a recent trend in business?

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Knowledge skills usually don't include:

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Farming is an example of:

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Companies are either producing goods or delivering services.This means that only one of the two types of operations management strategies are used.

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Dealing with the fact that certain aspects of any management situation are more important than others is called:

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Some companies attempt to maximize the revenue they receive from fixed operating capacity by influencing demands through price manipulation.This is an example of __________________:

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Which of the following is not a characteristic of service operations?

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Operations management and marketing are the two functional areas that exist to support activities in other functions such as accounting, finance, IT and human resources.

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Operations, marketing, and finance function independently of each other in most organizations.

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Lean production systems incorporate the advantages of both mass production and craft production.

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Which of the following is not true about systems approach?

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The operations manager has primary responsibility for making operations system design decisions, such as system capacity and location of facilities.

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Which one of the following would not generally be classified under the heading of transformation?

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As an abstraction of reality, a model is a simplified version of a real phenomenon.

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Operations management involves continuous decision-making; hopefully most decisions made will be:

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