Question 1

An order qualifier is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase.

Accepted Answer

A) True 
 B)False  True

Question 2

The total output from a production system in one day is 500 units and the total labor necessary to produce the 500 units is 350 hours.Using the appropriate productivity measure, which of the following numbers represents the resulting productivity ratio?

Accepted Answer

A) 1.000 
B) 1.428 
C) 0.700 
D) 0.411 
E) None of these 
A) 1.000 
B) 1.428 
C) 0.700 
D) 0.411 
E) None of these B

Question 3

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

Accepted Answer

A) True 
 B)False  True

Question 4

Infrastructure decisions within operations strategy include the selection of the appropriate technology, the role of inventory, and the location of facilities.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A) Technical liaison 
B) Learning curve 
C) Competitor's product performance 
D) Production lot size 
E) Total quality management 
A) Technical liaison 
B) Learning curve 
C) Competitor's product performance 
D) Production lot size 
E) Total quality management

Question 6

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio it is called straddling.

Accepted Answer

A) True 
 B)False

Question 7

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio is called flexibility.

Accepted Answer

A) True 
 B)False

Question 8

Order winners and order qualifiers are

Accepted Answer

A) two identical ways to define characteristics of a product or services 
B) order winner is a screening criterion 
C) order qualifier is a differentiating criterion 
D) both B and C are true 
E) order winner is a differentiating criterion and order qualifier is a screening criterion 
A) two identical ways to define characteristics of a product or services 
B) order winner is a screening criterion 
C) order qualifier is a differentiating criterion 
D) both B and C are true 
E) order winner is a differentiating criterion and order qualifier is a screening criterion

Question 9

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?

Accepted Answer

A) 1.000 
B) 1.428 
C) 0.700 
D) 0.411 
E) None of these 
A) 1.000 
B) 1.428 
C) 0.700 
D) 0.411 
E) None of these

Question 10

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.

Accepted Answer

A) True 
 B)False

Question 11

Activity-system maps are useful in understanding how well a system of activities fits the overall company's strategy.

Accepted Answer

A) True 
 B)False

Question 12

A firm's business practices toward its labor force pertain mainly to the economic aspect of the triple bottom line concept.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is a multifactor measure of productivity?

Accepted Answer

A) Output/(Materials) 
B) Output/(Labor + Capital + Energy) 
C) Output/All resources used 
D) Output/Inputs 
E) All of these 
A) Output/(Materials) 
B) Output/(Labor + Capital + Energy) 
C) Output/All resources used 
D) Output/Inputs 
E) All of these

Question 14

In a firm, all other things remaining the same, if the material usage per unit of final product decreases to half of the current usage, then the firm will

Accepted Answer

A) double the material productivity 
B) increase the multifactor productivity 
C) both A and B 
D) decrease capital productivity 
E) have no effect on productivity. 
A) double the material productivity 
B) increase the multifactor productivity 
C) both A and B 
D) decrease capital productivity 
E) have no effect on productivity.

Question 15

According to the economic aspect of the triple bottom line concept, the firm is required to compensate shareholders by paying dividends and growing the value of their common stock faster than their competitors.

Accepted Answer

A) True 
 B)False

Question 16

Activity-system maps depict the geographic reach of a company's business strategies.

Accepted Answer

A) True 
 B)False

Question 17

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours, and the total materials used were 425 units, what kind of productivity measure could you use to compute productivity?

Accepted Answer

A) Partial measure 
B) Multifactor measure 
C) Total measure 
D) Partial measure and Multifactor measure 
E) Multifactor measure and Total measure 
A) Partial measure 
B) Multifactor measure 
C) Total measure 
D) Partial measure and Multifactor measure 
E) Multifactor measure and Total measure

Question 18

An activity-system map is which of the following?

Accepted Answer

A) A network guide to route airlines 
B) A listing of activities that make up a project 
C) A diagram that shows how a company's strategy is delivered to customers 
D) A facility layout schematic noting what is done where 
E) A timeline displaying major planned events 
A) A network guide to route airlines 
B) A listing of activities that make up a project 
C) A diagram that shows how a company's strategy is delivered to customers 
D) A facility layout schematic noting what is done where 
E) A timeline displaying major planned events

Question 19

Sustainability means meeting a firm's current needs without excessively compromising the ability of future generations to meet their own needs.

Accepted Answer

A) True 
 B)False

Question 20

One of the competitive dimensions that form the competitive position of a company when planning its strategies is making the best trade-off.

Accepted Answer

A) True 
 B)False

Exam 2: Strategy

An order qualifier is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase.

The total output from a production system in one day is 500 units and the total labor necessary to produce the 500 units is 350 hours.Using the appropriate productivity measure, which of the following numbers represents the resulting productivity ratio?

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

Infrastructure decisions within operations strategy include the selection of the appropriate technology, the role of inventory, and the location of facilities.

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

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio it is called straddling.

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio is called flexibility.

Order winners and order qualifiers are

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?

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.

Activity-system maps are useful in understanding how well a system of activities fits the overall company's strategy.

A firm's business practices toward its labor force pertain mainly to the economic aspect of the triple bottom line concept.

Which of the following is a multifactor measure of productivity?

In a firm, all other things remaining the same, if the material usage per unit of final product decreases to half of the current usage, then the firm will

According to the economic aspect of the triple bottom line concept, the firm is required to compensate shareholders by paying dividends and growing the value of their common stock faster than their competitors.

Activity-system maps depict the geographic reach of a company's business strategies.

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours, and the total materials used were 425 units, what kind of productivity measure could you use to compute productivity?

An activity-system map is which of the following?

Sustainability means meeting a firm's current needs without excessively compromising the ability of future generations to meet their own needs.

One of the competitive dimensions that form the competitive position of a company when planning its strategies is making the best trade-off.

Introduction

Project Management

Design of Products and Services

Strategic Capacity Management

Learning Curves

Manufacturing Processes

Facility Layout

Service Processes

Waiting Line Analysis and Simulation

Process Design and Analysis

Six Sigma Quality

Statistical Quality Control

Lean Supply Chains

Logistics Distribution, and Transportation

Global Sourcing and Procurement

Enterprise Resource Planning Systems

Forecasting

Sales and Operations Planning

Inventory Management

Material Requirements Planning

Workcenter Scheduling

Theory of Constraints

Health Care

Operations Consulting

Filters