Production Operations Management Exam Newest
2026 Questions and Correct Detailed Answers
Already Graded A+
Trade-offs - CORRECT ANSWER--Management must decide which parameters
of performance are critical and concentrate resources on those characteristics
-For example, a firm that is focused on low-cost production may not be capable of
quickly introducing new products
Straddling - CORRECT ANSWER-Seeking to match a successful competitor by
adding features, services, or technology to existing activities
-Often a risky strategy
Order Qualifiers - CORRECT ANSWER-Those dimensions that are necessary for
a firm's products to be considered for purchase by customers
-Features customers will not forego
Order Winners - CORRECT ANSWER-criteria used by customers to differentiate
the products and services of one firm from those of other firms
,-Features that customers use to determine which product will ultimately
purchase
Assessing Risk Associated with OSCM Strategy - CORRECT ANSWER-All
strategies have an inherent level of risk
-Uncertainty in the environment causes supply chain planners to evaluate the
relative riskiness of their strategies
Supply chain risk - CORRECT ANSWER-the likelihood of a disruption that would
impact the ability of a company to continuously supply products or services
-Supply chain coordination risks are associated with the day-to-day management
of the supply chain
-Disruption risks are caused by natural or manmade disasters.
Operations and supply chain management involves - CORRECT ANSWER--
Product design
-Purchasing
-Manufacturing
-Service Operations
-Logistics
-Distribution
,Success depends upon
-Strategy
-Processes to deliver products and services
-Analytics to support the decisions needed to manage the firm
What is Operations and Supply Chain Management? - CORRECT ANSWER--The
design, operation, and improvement of the systems that create and deliver the
firm's primary products and services
-Operations and supply chain management (OSCM) IS
-A functional field of business
-Concerned with the management of the entire production/delivery system
Operations - CORRECT ANSWER-Manufacturing and service processes used to
transform resources into products
Supply Chain - CORRECT ANSWER-Processes that move information and
material to and from he firm
, Process Activities - CORRECT ANSWER-Planning- processes needed to operate
an existing supply chain
Sourcing- selection of suppliers that will deliver the goods and services needed to
create the firm's product
Making- Producing the major product or service
Delivering-Logistics processes such as selecting carriers, coordinating the
movement of goods and information, and collecting payments from customers.
Returning- Receiving worn-out, excess, and/or defective products back from
customers
Pure good - CORRECT ANSWER-example food products
Core Goods - CORRECT ANSWER-Example automobile
Core services - CORRECT ANSWER-Airlines
Pure Services - CORRECT ANSWER-Example teaching
Current issues in OSCM - CORRECT ANSWER--Coordinating relationships
between members of SC
2026 Questions and Correct Detailed Answers
Already Graded A+
Trade-offs - CORRECT ANSWER--Management must decide which parameters
of performance are critical and concentrate resources on those characteristics
-For example, a firm that is focused on low-cost production may not be capable of
quickly introducing new products
Straddling - CORRECT ANSWER-Seeking to match a successful competitor by
adding features, services, or technology to existing activities
-Often a risky strategy
Order Qualifiers - CORRECT ANSWER-Those dimensions that are necessary for
a firm's products to be considered for purchase by customers
-Features customers will not forego
Order Winners - CORRECT ANSWER-criteria used by customers to differentiate
the products and services of one firm from those of other firms
,-Features that customers use to determine which product will ultimately
purchase
Assessing Risk Associated with OSCM Strategy - CORRECT ANSWER-All
strategies have an inherent level of risk
-Uncertainty in the environment causes supply chain planners to evaluate the
relative riskiness of their strategies
Supply chain risk - CORRECT ANSWER-the likelihood of a disruption that would
impact the ability of a company to continuously supply products or services
-Supply chain coordination risks are associated with the day-to-day management
of the supply chain
-Disruption risks are caused by natural or manmade disasters.
Operations and supply chain management involves - CORRECT ANSWER--
Product design
-Purchasing
-Manufacturing
-Service Operations
-Logistics
-Distribution
,Success depends upon
-Strategy
-Processes to deliver products and services
-Analytics to support the decisions needed to manage the firm
What is Operations and Supply Chain Management? - CORRECT ANSWER--The
design, operation, and improvement of the systems that create and deliver the
firm's primary products and services
-Operations and supply chain management (OSCM) IS
-A functional field of business
-Concerned with the management of the entire production/delivery system
Operations - CORRECT ANSWER-Manufacturing and service processes used to
transform resources into products
Supply Chain - CORRECT ANSWER-Processes that move information and
material to and from he firm
, Process Activities - CORRECT ANSWER-Planning- processes needed to operate
an existing supply chain
Sourcing- selection of suppliers that will deliver the goods and services needed to
create the firm's product
Making- Producing the major product or service
Delivering-Logistics processes such as selecting carriers, coordinating the
movement of goods and information, and collecting payments from customers.
Returning- Receiving worn-out, excess, and/or defective products back from
customers
Pure good - CORRECT ANSWER-example food products
Core Goods - CORRECT ANSWER-Example automobile
Core services - CORRECT ANSWER-Airlines
Pure Services - CORRECT ANSWER-Example teaching
Current issues in OSCM - CORRECT ANSWER--Coordinating relationships
between members of SC
