Exam 15: Operations Management

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A load chart can tell you how many workers are busy at a given point in time.

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In a short essay, describe the coordination and collaboration that is necessary for successful value chain management.

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For the value chain to achieve its goal of meeting and exceeding customers' needs and desires, integration among all members of the chain is necessary.All partners in the value chain must participate in identifying features of the product that have value.
For example, if marketers of an electronic book learn that customers really want to be able to write notes and mark pages in their electronic books, it is the responsibility of those marketers to share that information with people in other parts of the value chain who can implement those changes into the product.
Sharing information and being flexible as far as who in the value chain does what are important steps in building coordination and collaboration.There must be a constant back and forth between different parts of the chain.Marketers must listen to customers.Engineers must listen to marketers.Designers must listen to engineers, and so on.

The goal of value chain management is to meet, but never to exceed, the needs and desires of customers.

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Because the nature of jobs can change quickly, value chain management companies often need to make a significant investment in ________.

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In order for a value chain to function successfully, different partners in the chain must ________.

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In today's manufacturing operations, managers often monitor capacity, order status, and product quality ________ made.

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Durability and features are measures of ________.

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To find out how many activities are taking place at a given time in a Gantt chart, ________.

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All organizations produce goods or services through the ________ process.

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Organizational culture and attitudes are shared by ________ value chain partners.

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Value chain management is efficiency oriented.

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Since Deming first proposed his 14 points for improving productivity, his prescriptions have ________.

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In a short essay, define the practice of project management and explain why many organizations are turning to this approach.

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According to W.Edwards Deming, managers should emphasize short-term rather than long-term planning.

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In the ever more difficult struggle to survive in a competitive world, Evans Findings Company has a work shift with ________.

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In a short essay, identify and explain the final two steps in developing a PERT network.

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In the Six Sigma system, this is the highest level of quality.

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An especially difficult part of the coordination and collaboration requirement for successful value chain management is identifying things that ________.

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Manufacturing organizations ________.

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In a short essay, explain the difference between a Gantt chart and a load chart, identifying possible uses for each tool.

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