NEWEST 2024 ACTUAL EXAM 150 QUESTIONS AND
CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A
The essence of operations Management can be described by - ANSWER: Decisions,
function, and process
The four major decision responsibilities of operations management are - ANSWER:
Process, capacity, quality, and inventory
Which of the following does not come under the process category of the operations
decision framework? - ANSWER: Product or service inspection
Make or buy is an example of what type of strategic decision? - ANSWER: Process
A decision has been made that suppliers will be chosen based on quality rather than
cost. This is an example of which of the following? - ANSWER: Strategic decision
Capacity Decisions - ANSWER: Include staffing and scheduling
An example under the capacity area of strategic decisions in operations would be: -
ANSWER: Permanent or temporary investment in a physical building
Inventory decisions and control systems involve: - ANSWER: All of these
-Determining what order, how much to order, and when to order
-Tracking the flow of materials
-Managing the finished goods inventories
The three primary functions that exist in most business organizations are: - ANSWER:
Operations, finance, and marketing
Supply chain management includes the integration of: - ANSWER: -Suppliers
-Manufacturers
-Customers
Supply chain management includes all of the following except: - ANSWER:
Advertising
Which of the following is not a characteristic of a global corporation? - ANSWER:
Facilities and plants are located on a country-by-country basis
A global corporation has which of the following characteristics? - ANSWER: Demand
based on worldwide versus a local basis
, The contemporary operations themes signify that: - ANSWER: Every operation
should be externally directed to meet meet the customers' requirements
Which are the common objectives of operations? - ANSWER: Cost, quality, delivery,
and flexibility
The operation objectives of quality, cost, and flexibility are: - ANSWER: Connected
Which operations objectives does the author suggest as the basis for improvement
in the other operations objectives? - ANSWER: Quality
The four elements that form the heat of operations strategy include: - ANSWER:
Mission, distinctive competence, objective, and strategic decisions
Next year's goals is to fill 99% of all orders from stock. This is an example of which of
the following? - ANSWER: Objective
A company uses proprietary computer software to offer services that other
companies have not been able to emulate. These services have enabled Marketing
to enter new markets and have caused new organizational structures to be formed.
This is an example of which of the following? - ANSWER: Distinctive competence
Which of the following is NOT a characteristic of a distinctive competence? -
ANSWER: None of the Above
Which of the following functions is responsible for the actual movement of goods
and /or services across organizations? - ANSWER: Logistics
The supply chain extends from: - ANSWER: supplier to customer
The four common objectives of operations are: - ANSWER: Quality, cost, delivery,
and flexibility
Strategic decisions are to be made for which of the following decisions areas? -
ANSWER: Quality, process, capacity, and inventory
Which of the following is NOT part of the new-product development process? -
ANSWER: Development of the marketing strategy
The market-pull view of new product innovation is to: - ANSWER: Develop products
that the company can sell
Process design: - ANSWER: Should occur at the same time as a product design
Modular design involves: - ANSWER: Dividing the products into their similar
components