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OPS MGMT 10 Operations and Supply Chain Management Concepts - Document preview page 1

OPS MGMT 10 Operations and Supply Chain Management Concepts - Page 1

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OPS MGMT 10 Operations and Supply Chain Management Concepts

Description: This paper covers the essential concepts of operations and supply chain management in business.

Ethan Howard
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OPS MGMT 10 Operations and Supply Chain Management Concepts - Page 1 preview imageOPS MGMT 10 Operations and Supply Chain Management ConceptsOPS MGMT 10 Multiple Choice Questions (2015)Question 1.1. Information and materials are two examples of inputs to the transformationprocess. (Points : 1)TrueFalseQuestion 2.2. Thesupply chain is a network of manufacturers and service providers that worktogether to convert and move goods from the raw materials stage to the end user. (Points : 1)TrueFalseQuestion 3.3. Which of the following statements best describes current thinking regardingprocesses? (Points : 1)If companies concentrate on how functional areas like marketing, finance, and operations areorganized, then everything will be fine.Managing functional areas like marketing, finance, and operations is essentially thesame thingas managing what a business does.If the individual functional strategies of marketing, finance, and accounting are aligned with theoverall business strategy, then everything will be fine.Developing superior business processes requires a cross-functional and cross-organizationalperspective.Question 4.4. Whether the product was made or service performed to specifications is a questionof: (Points : 1)conformance quality.performance quality.reliability qualityvalue indicesQuestion 5.5. Aperson that fails to meet output standards could still have an efficiencymeasurement of more than 100%. (Points : 1)TrueFalseQuestion 6.6. Which of these is NOT one of the primary objectives of an operations and supplychain strategy? (Points : 1)To help management choose the right mix of structural and infrastructural elements, based on aclear understanding of the performance dimensions valued by customers and the trade-offsinvolved.To ensure that the firm’s structural and infrastructural choices are strategically aligned with thefirm’s business strategy.
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