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Operations and Supply Chap 1 - Version1
Operations and Supply Chap 1 - Version1
com
Student name:__________
TRUE/FALSE - Write 'T' if the statement is true and 'F'
if the statement is false.
1) Efficiency means doing the right things to create the
most value for the company.
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8) Attempting to balance the desire to efficiently use create conflict between the
resources while providing a highly effective service may two goals.
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15) "Supply chain" refers to processes that move service processes of the
information and material to and from the manufacturing and firm.
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17) It is critical that a sustainable strategy meet the needs preserving the
of shareholders and employees first, and then focus on environment.
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the various supply chain processes (sourcing, making, considered a supply chain
delivering, and returning) will be met, planning itself is not process.
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National Quality Award was started under the direction of the
National Institute of Standards and Technology.
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⊚ true ⊚ false
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D) OSCM is a
A) OSCM is essential for understanding required course in all
organizational behavior. business degree programs.
B) Most business graduates do OSCM work E) OSCM is the
regardless of their job title. most rigorous business
C) All managers should understand the basic discipline.
principles that guide the design of transformation processes.
D) Self-service,
A) No goods, some goods, even mix, some service, help desk service, face-to-
no service face service, service-with-
B) Pure goods, core goods, core services, pure a-smile
services E) None of these
C) No service, some service, good service, excellent choices are correct
service
A) Chemicals
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D) Hotels
B) Airlines E) None of these
C) Data storage systems choices are correct
D) Data center
A) Department store manager manager
B) Project manager E) Call center
C) Hospital administrator manager
D) Services are
A) Service jobs are unskilled. heterogeneous.
B) A service is intangible. E) None of these
C) Services are perishable. choices are correct
C) Delivery
A) Planning D) Selecting
B) Return E) Making
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C) packaging
A) appearance D) cost
B) facilitating goods E) implied use
D) Earnings per
A) Inventory turnover share
B) Revenue per employee E) Asset turnover
C) Receivable turnover
D) Earnings per
A) Dividend payout ratio share growth
B) Current ratio E) Financial
C) Receivable turnover leverage
D) may increase
A) increase. or decrease.
B) decrease. E) there is no
C) stay the same. way to tell for sure.
into sales.
A) the efficiency in turning inventory into sales. E) none of the
B) liquidity. these.
C) the speed of receivables collection.
D) liquidity and the efficiency in turning inventory
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D) pure goods -
A) pure services - core Services - core goods - pure core goods - core services -
goods. pure services.
B) pure goods - pure services - core services - core E) core goods -
goods. core services - pure goods
C) pure goods - pure services - core goods - core - pure services.
services.
D) Self-service,
A) No goods, some goods, even mix, some service, help desk service, face-to-
no service face service, service-with-
B) Pure goods, core goods, core services, pure a-smile
services E) None of these
C) No service, some service, good service, excellent choices are correct
service
C) Making
A) Planning D) Delivering
B) Sourcing E) Returning
C) Making
A) Planning D) Delivering
B) Sourcing
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E) Returning
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C) Making
A) Planning D) Delivering
B) Sourcing E) Returning
72) _____ is where carriers are picked to move products to run the information
warehouses and customers, coordinate and schedule the systems.
movement of goods and information through the supply
network, develop and operate a network of warehouses, and
C) Making
A) Planning D) Delivering
B) Sourcing E) Returning
C) Making
A) Planning D) Delivering
B) Sourcing E) Returning
C) Internet
A) Hotels service providers
B) Airlines D) Universities
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that emphasizes how a factory’s capabilities could be used
strategically to gain advantage over a competing company?
D) Lean
A) Manufacturing strategy manufacturing
B) Just-in-time E) Total quality
C) Total quality control management
D) Lean
A) Manufacturing strategy manufacturing
B) Just-in-time E) Total quality
C) Total quality control management
D) Lean
A) Manufacturing strategy manufacturing
B) Just-in-time E) Total quality
C) Total quality control management
D) Lean
A) Manufacturing strategy manufacturing
B) Just-in-time E) Total quality
C) Total quality control management
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managing the entire organization so it excels in all dimensions
of products and services important to the customer?
D) Lean
A) Manufacturing strategy manufacturing
B) Just-in-time E) Total quality
C) Total quality control management
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Answer Key
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20) FALSE
21) TRUE
22) TRUE
23) FALSE
24) FALSE
25) FALSE
26) FALSE
27) TRUE
28) FALSE
29) FALSE
30) TRUE
31) FALSE
32) FALSE
33) TRUE
34) FALSE
35) TRUE
36) TRUE
37) TRUE
38) FALSE
39) TRUE
40) TRUE
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41) TRUE
42) FALSE
43) TRUE
44) TRUE
45) TRUE
46) FALSE
47) FALSE
48) TRUE
49) TRUE
50) FALSE
51) TRUE
52) FALSE
53) FALSE
54) TRUE
55) FALSE
56) C
57) B
58) C
59) D
60) A
61) D
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62) B
63) D
64) C
65) A
66) D
67) D
68) B
69) A
70) B
71) C
72) D
73) E
74) D
75) A
76) B
77) C
78) D
79) E
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