Exam 2: Operations and Supply Strategy

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Strategy typically breaks down into what three major components?

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Activity-system maps are useful in understanding how well a system of activities fits the overall company's strategy.

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Central to the concept of operations and supply strategy are the notions of focus and trade-offs.

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An operations and supply strategy is a long term commitment that must resist change.

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The skills that differentiate a manufacturing or service firm from its rivals are called what?

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An order winner is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase.

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Core capabilities are the skills that differentiate the service or manufacturing firm from its competitors.

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Which of the following is a total measure of productivity?

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An order winner is a set of criteria that differentiates the products or services of one firm from another.

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

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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?

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Strategy describes how a firm intends to create and sustain shareholder value.

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Central to the concept of operations and supply strategy is the notion of operations focus and trade-offs.

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Once an operations and supply strategy is adopted and articulated,the primary emphasis becomes perfecting the system of activities that make up the strategy through detailed refinements over a long period of time.

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Which of the following is not an enterprise capability presented in the textbook as part of the operations and supply strategy framework?

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In developing an operations and supply strategy,which of the following would be an important product-specific criteria to consider?

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Operations and supply management is significant since it relates to some of the components of strategy.

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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,what kind of productivity measure could you use to compute productivity?

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An operations and supply strategy involves decisions that relate to the design of a process and the infrastructure needed to support the process.

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Various financial data for SunPath Manufacturing for 2008 & 2009 follow. 2008 2009 Output: Sales \ 300,000 \ 330,000 Inputs: Labor \ 40,000 \ 43,000 Raw Materials: \ 45,000 \ 51,000 Energy: \ 10,000 \ 9,000 Capital Employed: \ 250,000 \ 262,000 Other: \ 2,000 \ 6,000 What is the percentage change in SunPath's total productivity measure between 2008 & 2009?

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