BCOR 3050 OSC Exam 1 Latest 2023 Update Verified A
Co-production happens more in which scenario?
A. Products
B. Manufacturing
C. Services
Services
The ability to produce a product in high volume at roughly the same cost as standard
products but customized to individual customer tastes is
A. Variety
B. Flexibility
C. Mass Customization
D. Volume Flexibility
E. Postponement
Mass Customization
Some important decisions in Operations Management
How to increase productivity (efficiency) without sacrificing?
Variety
Quality
Speed
Time
Service
Quality
Logistics includes which of the following processes?
Identifying material needs
Tracing supplier performance
Managing flow of goods
Locating suppliers
Negotiating contracts
Managing flow of goods
Which of the following terms does not describe one of the four broad categories of
competitive priorities (operations strategy) that a company can pursue?
Quality
Flexibility
Marketing
Cost
Time/Delivery
Marketing
A company's business strategy sets the broad guidelines for what the company will be
doing for the near future (the nest 6-18 months), the mid-range future (the next 2 to 5
years), and the distant future (5 or more years from the present).
, T or F
False
Productivity is calculated as a ratio of the ________ to _________.
Output to Input.
Who claims to have received the first U.S. patent for the active RFID tag?
The german military
The U.S military
Edwards Demming
Mario W. Cardullo
Mario W. Cardullo
Operations Management is a simple conversion of
Revenue to Services
Outputs to Profits
Revenue to Products
Inputs to Outputs
Inputs to Outputs
Define Operations Management
The processes that effectively produce, transform, and deliver a product or service.
Who are companies creating value for?
Suppliers
Distributers
Retailers
Customers
Customers
Why was "Apple" not listed in the top 25 companies in the Gartenr's top supply chain of
2020?
-Lenovo did better than Apple in 2020
-Apple is in the Masters Category
-Apply's supply chain was not the best in 2020
-The pandemic had a huge negative impact on Apple's supply chain performance in
2020
-Apple is in the Masters Category
Which of the following defines why a company exists, outlines a company's core values,
and positions the company within its market?
Functional strategy
Operations best practices
Mission Statement
Business Strategy
Competitive Priorities
Mission Statement
Co-production happens more in which scenario?
A. Products
B. Manufacturing
C. Services
Services
The ability to produce a product in high volume at roughly the same cost as standard
products but customized to individual customer tastes is
A. Variety
B. Flexibility
C. Mass Customization
D. Volume Flexibility
E. Postponement
Mass Customization
Some important decisions in Operations Management
How to increase productivity (efficiency) without sacrificing?
Variety
Quality
Speed
Time
Service
Quality
Logistics includes which of the following processes?
Identifying material needs
Tracing supplier performance
Managing flow of goods
Locating suppliers
Negotiating contracts
Managing flow of goods
Which of the following terms does not describe one of the four broad categories of
competitive priorities (operations strategy) that a company can pursue?
Quality
Flexibility
Marketing
Cost
Time/Delivery
Marketing
A company's business strategy sets the broad guidelines for what the company will be
doing for the near future (the nest 6-18 months), the mid-range future (the next 2 to 5
years), and the distant future (5 or more years from the present).
, T or F
False
Productivity is calculated as a ratio of the ________ to _________.
Output to Input.
Who claims to have received the first U.S. patent for the active RFID tag?
The german military
The U.S military
Edwards Demming
Mario W. Cardullo
Mario W. Cardullo
Operations Management is a simple conversion of
Revenue to Services
Outputs to Profits
Revenue to Products
Inputs to Outputs
Inputs to Outputs
Define Operations Management
The processes that effectively produce, transform, and deliver a product or service.
Who are companies creating value for?
Suppliers
Distributers
Retailers
Customers
Customers
Why was "Apple" not listed in the top 25 companies in the Gartenr's top supply chain of
2020?
-Lenovo did better than Apple in 2020
-Apple is in the Masters Category
-Apply's supply chain was not the best in 2020
-The pandemic had a huge negative impact on Apple's supply chain performance in
2020
-Apple is in the Masters Category
Which of the following defines why a company exists, outlines a company's core values,
and positions the company within its market?
Functional strategy
Operations best practices
Mission Statement
Business Strategy
Competitive Priorities
Mission Statement
