1Student: ___________________________________________________________________________1.As a service business, the operations management activities of an airline company have nothingin common with the operations management activities within abicycle manufacturing company.TrueFalse2.Operations managers are responsible for managing activities and resources that produce goodsand/or provide services.TrueFalse3.Effectiveness refers to achieving intended goals whereas efficiency refers to minimizing cost andtime.TrueFalse4.Operations, marketing, and finance function independently of each other in most organizations.TrueFalse5.The operations function exists only in firms that are goods-oriented.TrueFalse6.Operations management pertains almost exclusively to the management of manufacturingoperations.TrueFalse7.Value-added refers to the cost of the inputs required to produce goods and services.TrueFalse8.Aslong as a product is ready in advance of when customers demand it, the timing of when aproduct is manufactured does not influence the value-added.TrueFalse9.Storing an item earlier than the scheduled delivery date is an example of a value adding activity.TrueFalsePreview Mode
This document has 1208 pages. Sign in to access the full document!