Exam 28: B: Extension: A Operations Management

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What focuses on producing goods and services as efficiently as possible within the strategic plan?

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Which type of operational planning uses materials requirement planning systems?

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Production is the creation of goods and services using the factors of production: land, labor, capital, entrepreneurship, and knowledge.

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What uses sales forecasts to make sure that needed parts and materials are available at the right time and place in a specific company?

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Which modern quality control standard has the goal of detecting potential problems to prevent their occurrence and produce no more than 3.4 defects per million opportunities?

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Which of the following describes the outcome of OM decisions?

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What is the management of systems or processes that convert or transform resources into goods and services?

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Describe the correlation between operations management and information technology.

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Which of the following represents the five key competitive priorities?

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Which of the following statements is true?

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Explain operations management's role in business.

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Define the term operations management.

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Tactical planning focuses on long-range planning such as plant size, location, and type of process to be used.

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CMMI stands for the Capability Matrix Modeling Integrity framework.

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When does OM primarily increase value added?

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Which of the following is not a type of operational planning?

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Which company uses package flow information systems at each location to cut truck delivery travel by more than 100 million miles each year?

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The scope of OM ranges across the organization and includes many interrelated activities, such as forecasting, planning capacity, scheduling, managing inventories, assuring quality, motivating employees, deciding where to locate facilities, and more.

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What deals with the day-to-day procedures for performing work, including scheduling, inventory, and process management?

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Which of the following is not one of the modern quality control standards?

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