Exam 13: Global Operations and Supply-Chain Management

Which of the following has the highest value-to-weight ratio?

Scenario - Ardella Enterprises Twenty years ago two people from New Jersey,USA had a dream of building a superior company that would have global operations with an unparalleled supply chain.The idea took root and Ardella Enterprises was born.This company conducts operations across four continents.It has earned a reputation for prompt deliveries,accurate shipments,and exemplary customer service.This partnership is quickly taking the lead in the industry and is contemplating further expansion.Ardella Enterprises grossed over $11 billion last year.Its plan for additional expansion and growing Internet influence is projected to increase sales by two billion dollars within the first year. -Ardella Enterprises acknowledges the importance of its supply chain.It knows that the company's operations would not be as successful if the supply chain was less effective.Which one of the following is not related to a company's supply chain and its functions?

A supply chain encompasses all the activities associated with the flow and transformation of goods and services from raw material to the end user.

In the production system model,all of the following would be considered inputs EXCEPT _____.

The production system of a hair and nail salon would be called a manufacturing system.

Determining if products made in-house will be produced in one or more facilities,and if these facilities should be located in one or more countries is called __________.

Ford's ERP system follows the American accounting standards in its U.S.subsidiaries,and follows the Mexican accounting standards in its Mexico subsidiaries.This ERP system is _____.

Most of the activities in operations management can be grouped into the following business functions EXCEPT:

Of the following,which is NOT an advantage of making?

Of the following,which is NOT a consideration for the one-versus-many production facilities decision?

In operations management,the acquisition of goods and services is referred to as logistics.

Goods and services that integrate a product are called _____.

Steps in the production process are called _____.

When the demand is equal or lower than the minimum efficient scale,multiple production facility locations are preferred.

A company that only completes product design and outsources all other production process functions is called a(n)__________.

A production system is a system that businesses use to create the goods and services or to produce the products.

__________ refers to all activities associated with the flow and transformation of goods and services from the raw material stage to the end user,together with the corresponding flows of monetary funds and information.

The three major considerations for deciding the location of production facilities for products are: does the product serve the needs of all customers around the world,proximity to market and proximity to suppliers,and the effect on product's image being produced in that location.

Of the following,which is NOT an advantage of global procurement?

A production system in which services dominate the value of the product is known as a(n)_____ system.