Question 1

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

Question 2

The job of operations and supply chain strategy is to deliver the most feature-rich,highest quality product at the lowest price within specified parameters of delivery time and customization.

Accepted Answer

A) True 
 B)False  False

Question 3

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

Accepted Answer

A) True 
 B)False  True

Question 4

Explain the role that "order qualifiers" and "order winners" play as the interface between marketing and operations.

Accepted Answer

The student's answer to this question sh

Question 5

A major competitive dimension that forms a company's strategic operational competitive position in their strategic planning is which of the following?

Accepted Answer

A)  Cost or price 
B)  Focus 
C)  Automation 
D)  Straddling 
E)  Activity-system mapping 
A)  Cost or price 
B)  Focus 
C)  Automation 
D)  Straddling 
E)  Activity-system mapping

Question 6

When a company seeks to match the benefits of a successful position while maintaining its existing position in offering customers a variety of differing services,what is this process called?

Accepted Answer

A)  Operations capability analysis 
B)  Straddling 
C)  Order qualifying 
D)  Order winning 
E)  Inter-functional analysis 
A)  Operations capability analysis 
B)  Straddling 
C)  Order qualifying 
D)  Order winning 
E)  Inter-functional analysis

Question 7

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 8

Various financial data for SunPath Manufacturing for 2012 & 2013 follow. $\begin{array}{c}
\begin{array}{ll}
\
\text { Output: } & \text { Sales } \
\text { Inputs: } & \text { Labor } \
& \text { Raw Materials: } \
& \text { Energy: } \
& \text { Capital Employed: } \
& \text { Other: }
\end{array}
\begin{array}{rr}
\underline{2012} & \underline{2013} \
\$ 300,000 & \$ 330,000 \
\$ 40,000 & \$ 43,000 \
\$ 45,000 & \$ 51,000 \
\$ 10,000 & \$ 9,000 \
\$ 250,000 & \$ 262,000 \
\$ 2,000 & \$ 6,000
\end{array}
\end{array}$
What is the percentage change in the energy partial productivity measure for SunPath between 2012 & 2013?

Accepted Answer

A)  -9.22% 
B)  2.33% 
C)  -0.53% 
D)  2.88% 
E)  22.2% 
A)  -9.22% 
B)  2.33% 
C)  -0.53% 
D)  2.88% 
E)  22.2%

Question 9

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 10

Operations and supply strategy can be viewed as part of a planning process that coordinates operational goals with those of the larger organization.

Accepted Answer

A) True 
 B)False

Question 11

An operations strategy must resist change because of the long term nature of equipment and personnel investments.

Accepted Answer

A) True 
 B)False

Question 12

Within a sustainability framework,the environmental dimension of the triple bottom line concept has to do with labor,the community,and the region in which a firm conducts its business.

Accepted Answer

A) True 
 B)False

Question 13

Describe a specific example of the trade-offs between any two of the competitive dimensions.

Accepted Answer

This question requires that the student

Question 14

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 15

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

Accepted Answer

A) True 
 B)False

Question 16

Infrastructure decisions within operations strategy include the selection of the logic associated with the planning and control systems

Accepted Answer

A) True 
 B)False

Question 17

Various financial data for SunPath Manufacturing for 2012 & 2013 follow. $\begin{array}{c}
\begin{array}{ll}
\
\text { Output: } & \text { Sales } \
\text { Inputs: } & \text { Labor } \
& \text { Raw Materials: } \
& \text { Energy: } \
& \text { Capital Employed: } \
& \text { Other: }
\end{array}
\begin{array}{rr}
\underline{2012} & \underline{2013} \
\$ 300,000 & \$ 330,000 \
\$ 40,000 & \$ 43,000 \
\$ 45,000 & \$ 51,000 \
\$ 10,000 & \$ 9,000 \
\$ 250,000 & \$ 262,000 \
\$ 2,000 & \$ 6,000
\end{array}
\end{array}$
What is the percentage change in the labor partial productivity measure for SunPath between 2012 & 2013?

Accepted Answer

A)  -9.22 
B)  2.33 
C)  -0.53 
D)  2.88 
E)  10.39 
A)  -9.22 
B)  2.33 
C)  -0.53 
D)  2.88 
E)  10.39

Question 18

The triple-bottom-line evaluates the firm against what three criteria?
1._____________________
2._____________________
3._____________________

Accepted Answer

The text provides three alternatives:soc

Question 19

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 20

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

Accepted Answer

A) True 
 B)False

Which of the following is a multifactor measure of productivity?

The job of operations and supply chain strategy is to deliver the most feature-rich,highest quality product at the lowest price within specified parameters of delivery time and customization.

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

Explain the role that "order qualifiers" and "order winners" play as the interface between marketing and operations.

A major competitive dimension that forms a company's strategic operational competitive position in their strategic planning is which of the following?

When a company seeks to match the benefits of a successful position while maintaining its existing position in offering customers a variety of differing services,what is this process called?

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.

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

Operations and supply strategy can be viewed as part of a planning process that coordinates operational goals with those of the larger organization.

An operations strategy must resist change because of the long term nature of equipment and personnel investments.

Within a sustainability framework,the environmental dimension of the triple bottom line concept has to do with labor,the community,and the region in which a firm conducts its business.

Describe a specific example of the trade-offs between any two of the competitive dimensions.

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.

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 logic associated with the planning and control systems

The triple-bottom-line evaluates the firm against what three criteria? 1.___________ 2._ 3.___________

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

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

Operations and Supply Chain Management

Forecasting

Strategic Capacity Management

Projects

Manufacturing and Service Processes

Service Processes

Sales and Operations Planning

Material Requirements Planning

Quality Management and Six Sigma

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics, and Distribution

Filters

Exam 2: Strategy and Sustainability

Which of the following is a multifactor measure of productivity?

The job of operations and supply chain strategy is to deliver the most feature-rich,highest quality product at the lowest price within specified parameters of delivery time and customization.

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

Explain the role that "order qualifiers" and "order winners" play as the interface between marketing and operations.

A major competitive dimension that forms a company's strategic operational competitive position in their strategic planning is which of the following?

When a company seeks to match the benefits of a successful position while maintaining its existing position in offering customers a variety of differing services,what is this process called?

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.

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

Operations and supply strategy can be viewed as part of a planning process that coordinates operational goals with those of the larger organization.

An operations strategy must resist change because of the long term nature of equipment and personnel investments.

Within a sustainability framework,the environmental dimension of the triple bottom line concept has to do with labor,the community,and the region in which a firm conducts its business.

Describe a specific example of the trade-offs between any two of the competitive dimensions.

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.

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 logic associated with the planning and control systems

The triple-bottom-line evaluates the firm against what three criteria? 1._____________________ 2._____________________ 3._____________________

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

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

Operations and Supply Chain Management

Forecasting

Strategic Capacity Management

Projects

Manufacturing and Service Processes

Service Processes

Sales and Operations Planning

Material Requirements Planning

Quality Management and Six Sigma

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics, and Distribution

Filters

The triple-bottom-line evaluates the firm against what three criteria? 1.___________ 2._ 3.___________