Exam 28: Operations Management

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

What focuses on long-range planning such as plant size,location,and type of processes to be used?

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

Which of the following interacts with each phase in the conversion of inputs to outputs?

_______ planning focuses on producing goods and services as efficiently as possible within the strategic plan.

Describe the five characteristics of competitive priorities.

________ management describes all the activities managers do to help companies create goods.

Define the term operations management.

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

What describes all of the activities managers do to help companies create goods?

Distribution management systems coordinate the process of transporting materials from a manufacturer to distribution centers to the final customers.

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

Which of the following describes the outcome of OM decisions?

Which of the following statements is true?

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

The five key competitive priorities include cost,quality,_______,flexibility,and service.

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

___________ planning systems track and analyze the movement of materials and products to ensure the delivery of materials and finished goods at the right time,the right place,and the lowest cost.

Value-added is the term used to describe the difference between the cost of inputs and the value of price of outputs.

Six sigma qualities' goal is to detect potential problems to prevent their occurrence and achieve no more than 3.4 defects per million opportunities.