Operations and Supply Chain Management (C215) Exam-
Graded A
100% Correct 200
Incorrect 0
1 of 200
Term
Outsourcing
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A decision by a corporation to turn over much of the responsibility for
production to independent suppliers.
- Hiring outside organizations, not affiliated with the company to perform
specific tasks.
- Uses developed or skilled workforces and resources of the outside
organization. '
- Based on a cost-saving strategy.
- The outsourcing organization has less power or control.
Ex:
Telecommunications company utilizing the service of a call center to pride
customer support.
, A horizontal expansion of the job through increasing the scope of the work
assigned.
Technique for estimating the proportion of time that a worker or machine spends on
various activities and the idle time.
A set of international standards and a certification focusing on a company's
environmental responsibility.
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2 of 200
Definition
Integrated teams empowered to control portions of their process.
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Independent Demand Expected Value (EV)
Self-Directed Teams Forward Scheduling
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3 of 200
,Definition
The maximum output rate that can be sustained under normal
conditions.
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Prevention Costs Repetitive Operations
Best Operating Level Effective Capacity
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4 of 200
Term
Fluctuation Inventory
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Provides a cushion A company receives a fee for
against unexpected executing a transaction.
demand.
Provides users with information
The relative size of the
on services and products and
change needed.
provides an opportunity for
suppliers to advertise.
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5 of 200
Term
Activity-on-Node (AON)
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Typically represents project A weighted average of chance
activities. events, where each chance event
is given a probability of
occurrence.
A network
diagramming notation
A measure of how long a unit sits in that places activities
a process versus the amount of in the nodes and
work time that is expended on the arrows to signify
unit. precenence
relationships.
Don't know?
Graded A
100% Correct 200
Incorrect 0
1 of 200
Term
Outsourcing
Give this one a try later!
A decision by a corporation to turn over much of the responsibility for
production to independent suppliers.
- Hiring outside organizations, not affiliated with the company to perform
specific tasks.
- Uses developed or skilled workforces and resources of the outside
organization. '
- Based on a cost-saving strategy.
- The outsourcing organization has less power or control.
Ex:
Telecommunications company utilizing the service of a call center to pride
customer support.
, A horizontal expansion of the job through increasing the scope of the work
assigned.
Technique for estimating the proportion of time that a worker or machine spends on
various activities and the idle time.
A set of international standards and a certification focusing on a company's
environmental responsibility.
Don't know?
2 of 200
Definition
Integrated teams empowered to control portions of their process.
Give this one a try later!
Independent Demand Expected Value (EV)
Self-Directed Teams Forward Scheduling
Don't know?
3 of 200
,Definition
The maximum output rate that can be sustained under normal
conditions.
Give this one a try later!
Prevention Costs Repetitive Operations
Best Operating Level Effective Capacity
Don't know?
4 of 200
Term
Fluctuation Inventory
Give this one a try later!
Provides a cushion A company receives a fee for
against unexpected executing a transaction.
demand.
Provides users with information
The relative size of the
on services and products and
change needed.
provides an opportunity for
suppliers to advertise.
, Don't know?
5 of 200
Term
Activity-on-Node (AON)
Give this one a try later!
Typically represents project A weighted average of chance
activities. events, where each chance event
is given a probability of
occurrence.
A network
diagramming notation
A measure of how long a unit sits in that places activities
a process versus the amount of in the nodes and
work time that is expended on the arrows to signify
unit. precenence
relationships.
Don't know?
