Question 1

Vertical integration is a modern method of outsourcing.

Accepted Answer

A) True 
 B)False

Question 2

List the variety of economic and noneconomic issues to be considered when making offshore decisions.

Accepted Answer

Low labor costs, lower import duties and

Question 3

A competitively dominant customer experience is often called a value proposition.

Accepted Answer

A) True 
 B)False

Question 4

Offshoring is the same as outsourcing in terms of transferring ownership and control.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is not true? To increase value, an organization must

Accepted Answer

A) decrease price or cost while holding perceived benefits constant. 
B) hold perceived benefits constant while increasing price or cost. 
C) increase perceived benefits while holding price or cost constant. 
D) increase perceived benefits while reducing price or cost. 
A) decrease price or cost while holding perceived benefits constant. 
B) hold perceived benefits constant while increasing price or cost. 
C) increase perceived benefits while holding price or cost constant. 
D) increase perceived benefits while reducing price or cost.

Question 6

When breakeven analysis is applied to an outsourcing decision, the breakeven quantity is

Accepted Answer

A) the ratio of fixed costs to the difference between variable outsourcing cost and variable in-house production cost 
B) the ratio of the difference between variable outsourcing cost and variable in-house production cost to fixed costs 
C) the product of the variable costs times the fixed costs 
D) the product of the variable costs times the production quantity 
A) the ratio of fixed costs to the difference between variable outsourcing cost and variable in-house production cost 
B) the ratio of the difference between variable outsourcing cost and variable in-house production cost to fixed costs 
C) the product of the variable costs times the fixed costs 
D) the product of the variable costs times the production quantity

Question 7

Proportional increases or decreases in perceived benefits as well as price or cost result in no net change in value.

Accepted Answer

A) True 
 B)False

Question 8

Global value chains face higher levels of risk and uncertainty, requiring more inventory and day-to-day monitoring to prevent product shortages.

Accepted Answer

A) True 
 B)False

Vertical integration is a modern method of outsourcing.

List the variety of economic and noneconomic issues to be considered when making offshore decisions.

A competitively dominant customer experience is often called a value proposition.

Offshoring is the same as outsourcing in terms of transferring ownership and control.

Which of the following is not true? To increase value, an organization must

When breakeven analysis is applied to an outsourcing decision, the breakeven quantity is

Proportional increases or decreases in perceived benefits as well as price or cost result in no net change in value.

Global value chains face higher levels of risk and uncertainty, requiring more inventory and day-to-day monitoring to prevent product shortages.

Goods, Services, and Operations Management

Measuring Performance in Operations

Operations Strategy

Technology and Operations Management

Goods and Service Design

Process Selection, Design, and Analysis

Facility and Work Design

Supply Chain Design

Capacity Management

Forecasting and Demand Planning

Managing Inventories

Resource Management

Operations Scheduling and Sequencing

Quality Management

Quality Control and Spc

Lean Operating Systems

Project Management

Filters

Exam 2: Value Chains

Vertical integration is a modern method of outsourcing.

List the variety of economic and noneconomic issues to be considered when making offshore decisions.

A competitively dominant customer experience is often called a value proposition.

Offshoring is the same as outsourcing in terms of transferring ownership and control.

Which of the following is not true? To increase value, an organization must

When breakeven analysis is applied to an outsourcing decision, the breakeven quantity is

Proportional increases or decreases in perceived benefits as well as price or cost result in no net change in value.

Global value chains face higher levels of risk and uncertainty, requiring more inventory and day-to-day monitoring to prevent product shortages.

Goods, Services, and Operations Management

Measuring Performance in Operations

Operations Strategy

Technology and Operations Management

Goods and Service Design

Process Selection, Design, and Analysis

Facility and Work Design

Supply Chain Design

Capacity Management

Forecasting and Demand Planning

Managing Inventories

Resource Management

Operations Scheduling and Sequencing

Quality Management

Quality Control and Spc

Lean Operating Systems

Project Management

Filters