Exam 1: Introduction to the Field

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Trying to maximize effectiveness and efficiency at the same time can create conflict.

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What United States National Quality Award was started in 1987?

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

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Making resource utilization decisions must capture the direct costs of staffing and need not consider the implicit costs of lost customers.

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Which of the following product attributes is a value added service?

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ISO 9000 certification standards play a minor role in setting quality standards for global manufacturers but a major role in setting quality standards in the European Union.

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Deciding how much inventory to purchase is a fundamental topic of operations management.

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Which of the following are considered current issues in operations and supply management?

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In the history of operations management the development of economic lot sizing models,including the EOQ model occurred in what decade?

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Efficiency means doing the right things to create the most value for the company.

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In the history of operations management the use and development of the set of activities referred to as business process reengineering occurred in what decade?

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Radical changes in operations and supply chain management are advocated by proponents of which of the following?

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In the late 1950's scholars began to deal specifically with operations management rather than with industrial engineering and operations research.

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JIT is an integrated set of activities designed to achieve high-volume production using minimal inventories of parts that arrive at the workstation exactly when they are needed.

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What is the process called that uses resources to convert inputs into some desired output?

(Short Answer)
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A doctor completes a surgical procedure on a patient without error.The patient dies anyway.In operations management terms,we could refer to this doctor as being efficient but not effective.

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Why is operations not perceived as important?

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The term "value" refers to the relationship between quality and the price paid by the consumer.

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A business education is complete with an understanding of modern approaches to managing operations.

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