Exam 2: Strategy and Sustainability

An operations and supply chain strategy must be integrated with the organization's corporate strategy.

Larry's Auto Body Repair Shop had revenues that averaged $60,000 per week in April and $50,000 per week in May.During both months,the shop employed six full-time (40 hours/week)workers.In April the firm also had four part-time workers working 25 hours per week but in May there were only two part-time workers and they only worked 10 hours per week.What is the percentage change in labor productivity from April to May for Larry's Auto Body Repair?

In a multifactor measure of productivity the numerator of the ratio would include all resources used or all inputs.

One of the competitive dimensions that form the competitive position of a company when planning their strategies is delivery speed.

Once an operations strategy is adopted and articulated,the primary emphasis becomes perfecting the system of activities that make up the strategy through detailed refinements over a long period of time.

The total output from a production system in one day is 900 units and the total labor necessary to produce the 900 units is 900 hours.Using the appropriate productivity measure,what is the resulting productivity ratio?

When developing an operations and supply chain strategy,which of the following is an important product-specific criterion to consider?

In a partial measure of productivity the denominator of the ratio would include all resources used or all inputs.