Question 1

Explain how renting resources can increase manufacturing flexibility.

Accepted Answer

The answer of Explain how renting resources can increase manufacturing...

Question 2

A theme running through just-in-time systems is to bring operations closer together..

Accepted Answer

A) True 
 B)False

Question 3

Discuss how operations mangers could keep present operations performing while constantly gearing up for delivering the promise of amazing new product and service offerings.

Accepted Answer

The answer of Discuss how operations mangers could keep present...

Question 4

A theme running through just-in-time systems is the involvement of employees in problem solving.

Accepted Answer

A) True 
 B)False

Question 5

Explain how technology and fashions creates product churn.

Accepted Answer

The answer of Explain how technology and fashions creates product...

Question 6

Remanufacturing cannot assuage the problem of unsustainability caused by product churn.

Accepted Answer

A) True 
 B)False

Question 7

The only challenge facing operations management's ability to deal with heightened global competition while providing customer service and satisfaction is the impact of technology and fashions that create product churn.

Accepted Answer

A) True 
 B)False

Question 8

Factors in the decision to either rent or buy resources are
I. Need to own critical, highly specialized resources
II. Unattractive rental rates and/or terms
III. Maintenance
IV. Complexity
V. Product churn

Accepted Answer

A)  Items I, II, and V only 
B)  Items III, IV, and V only 
C)  Items I, II, III, and IV only 
D)  All of the above

Question 9

Industry 4 refers to cyber-physical manufacturing systems relying on the Internet of things, Cloud computing, and Big Data infrastructure.

Accepted Answer

A) True 
 B)False

Question 10

One of the challenges facing operations management's ability to deal with heightened global competition while providing customer service and satisfaction is how to respond to resource scarcity.

Accepted Answer

A) True 
 B)False

Question 11

The future of operations management will be primarily concerned with heightened global competition and the need to provide customer service and satisfaction.

Accepted Answer

A) True 
 B)False

Question 12

Advances in technology and transportation could lead to major problems in finding work for unemployed people.

Accepted Answer

A) True 
 B)False

Question 13

Factors in the decision to either rent of procure resources are:

Accepted Answer

A)  Resource specificity requirements 
B)  Resource scarcity 
C)  Operational performance 
D)  Production and service efficiencies 
E)  Process innovation

Question 14

Discuss how operations management's can respond to resource scarcity in the future.

Accepted Answer

The answer of Discuss how operations management's can respond to...

Question 15

Regional economics policies based upon lower labor costs, lead to which of the following over time:
I. Increase labor costs
II. Skill shortages
III. Increased consumption
IV. Weaken currency
V. Reduced price competitivenes
VI. inflation

Accepted Answer

A)  Only items I, II, and V 
B)  Only items I, II, III, and VI 
C)  Only items I, III, IV, and V 
D)  All of the above except IV 
E)  All of the above

Question 16

A theme running through just-in-time systems is the removal of wasteful inventory.

Accepted Answer

A) True 
 B)False

Exam 12: The Future of Operations Management

Explain how renting resources can increase manufacturing flexibility.

A theme running through just-in-time systems is to bring operations closer together..

Discuss how operations mangers could keep present operations performing while constantly gearing up for delivering the promise of amazing new product and service offerings.

A theme running through just-in-time systems is the involvement of employees in problem solving.

Explain how technology and fashions creates product churn.

Remanufacturing cannot assuage the problem of unsustainability caused by product churn.

The only challenge facing operations management's ability to deal with heightened global competition while providing customer service and satisfaction is the impact of technology and fashions that create product churn.

Factors in the decision to either rent or buy resources are I. Need to own critical, highly specialized resources II. Unattractive rental rates and/or terms III. Maintenance IV. Complexity V. Product churn

Industry 4 refers to cyber-physical manufacturing systems relying on the Internet of things, Cloud computing, and Big Data infrastructure.

One of the challenges facing operations management's ability to deal with heightened global competition while providing customer service and satisfaction is how to respond to resource scarcity.

The future of operations management will be primarily concerned with heightened global competition and the need to provide customer service and satisfaction.

Advances in technology and transportation could lead to major problems in finding work for unemployed people.

Factors in the decision to either rent of procure resources are:

Discuss how operations management's can respond to resource scarcity in the future.

Regional economics policies based upon lower labor costs, lead to which of the following over time: I. Increase labor costs II. Skill shortages III. Increased consumption IV. Weaken currency V. Reduced price competitivenes VI. inflation

A theme running through just-in-time systems is the removal of wasteful inventory.