Exam 1: Operations and Supply Chain Management

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A reason for studying operations and supply chain management (OSCM) is which of the following?

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C

Core service providers integrate tangible goods into their product.

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True

SSME is an acronym standing for "Service Sector Management Economics."

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False

All managers should understand the basic principles that guide the design of transformation processes.

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"Green belt" programs are coordinated public works projects aimed at placing an environmentally friendly zone around major cities.

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The Goods-Services Continuum consists of which set of the following categories?

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The use of the Internet as an essential element of business activity is called what?

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A supply chain manager is an OSCM job while a purchasing manager is not.

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OSCM is concerned with management of the trickiest parts of the system that produces a good or delivers a service.

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A bank branch manager position is not an OSM-type of job.

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Which of the following is not a characteristic that distinguishes services from goods?

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Today's leading retailers use operations and supply chain management techniques to match supply and demand as closely and quickly as possible.

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The supply network can be thought of as a pipeline through which cash, material and information flows.

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OSCM is a functional field of business with clear line management responsibilities.

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Which of the following are defined as core goods?

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Delivering is not considered in supply chain analysis when outside carriers are contracted to move products to customers.

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A major aspect of planning involves developing a set of metrics to monitor the supply chain.

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The Baldrige National Quality Award was started under the direction of the National Institute of Standards and Technology.

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Fashion retailers, in particular, need to have plenty of inventory on hand because demand is so unpredictable.

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Green and black belt programs teach six-sigma quality tools to managers at many corporations.

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