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16:41, 11/03/2022 Thẻ ghi nhớ: Production/Operations Management: Test 1 | Quizlet

Học phần, sách giáo khoa, câu hỏi Nâng cấp: dùng th...

Production/Operations Management: Test 1


Thuật ngữ trong học phần này (42)

Operations management is E) to all firms, whether manufacturing or service


applicable:

A) mostly to the manufacturing


sector.

B) mostly to the service sector.

C) to the manufacturing sector


exclusively.

D) to services exclusively.

E) to all firms, whether


manufacturing or service

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Which of the following are the C) marketing, production/operations, and


primary functions of all finance/accounting
organizations?

A) sales, quality control, and


production/operations

B) production/operations,
marketing, and human
resources

C) marketing,
production/operations, and
finance/accounting

D) marketing, human
resources, and
finance/accounting

E) research and development,


finance/accounting, and
purchasing

What is a global network of D) supply chain


organizations and activities that
supply a firm with goods and
services?

A) vendor network

B) supply tree

C) provider network

D) supply chain

E) vendor tree

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Which of the following is NOT A) pricing


an element of the management
process?

A) pricing

B) controlling

C) leading

D) staffing

E) Planning

Which of the following are C) I, II, III


among the 10 strategic
operations management
decisions?

I. design of goods and services

II. managing quality

III. layout strategy

IV. marketing

V. pricing of goods and


services

A) II, III, V

B) I, II, IV

C) I, II, III

D) I, II, V

E) All of the above

Henry Ford is noted for his D) assembly line operations.


contributions to:

A) material requirements
planning.

B) statistical quality control.

C) time and motion studies.

D) assembly line operations.

E) scientific management

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Which of the following C) production and consumption occur


attributes is most typical of a simultaneously
service?

A) easy to automate

B) mass production

C) production and
consumption occur
simultaneously

D) tangible

E) consistency

Productivity measurement is B) the fact that precise units of measure are often
complicated by:
unavailable.
A) stable quality.

B) the fact that precise units of


measure are often unavailable.

C) the workforce size.

D) the competition's output.

E) the type of equipment used.

Three commonly used C) labor, capital, and management.


productivity variables are:

A) education, diet, and social


overhead.

B) quality, efficiency, and low


cost.

C) labor, capital, and


management.

D) quality, external elements,


and precise units of measure.

E) technology, raw materials,


and labor.

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Which of the three commonly management (52% of the increase in productivity


used productivity variables each year)
makes the MOST difference in
terms of productivity?

The service sector has lower B) services usually are labor-intensive.


productivity improvements
than the manufacturing sector
because:

A) service sector productivity


is hard to measure.

B) services usually are labor-


intensive.

C) the service sector uses less


skilled labor than
manufacturing.

D) the quality of output is lower


in services than manufacturing.

E) the service sector is often


easy to mechanize and
automate.

Cost cutting in international E) All of the above


operations can take place
because of:

A) lower wage scales.

B) lower taxes and tariffs.

C) lower indirect costs.

D) less stringent regulations.

E) all of the above.

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Which of the following is LEAST E) effective capacity use


likely to be a low-cost
leadership competitive
advantage?

A) broad product line

B) inventory management

C) mass production
D) low overhead

E) effective capacity use

Which of the following B) KSFs are often necessary, but not sufficient for
statements is most correct?
competitive advantage.
A) KSFs are both necessary
and sufficient for competitive
advantage.

B) KSFs are often necessary,


but not sufficient for
competitive advantage.

C) KSFs are often sufficient, but


not necessary for competitive
advantage.

D) KSFs are neither necessary


nor sufficient for competitive
advantage.

E) None of the above


statements is correct.

Outsourcing is simply an E) subcontracting.


extension of the long-standing
practice of:

A) exporting.

B) e-procurement.

C) importing.

D) postponement.

Production/Operations
E) subcontracting. Management: Test 1
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A SWOT analysis determines:


B) internal strengths and weaknesses and external
A) internal strengths and opportunities and threats.
weaknesses and internal
opportunities and threats.

B) internal strengths and


weaknesses and external
opportunities and threats.

C) external strengths and


weaknesses and external
opportunities and threats.

D) internal strengths and


opportunities and external
weaknesses and threats.

E) external strengths and


weaknesses and internal
opportunities and threats.

Porter's Five Forces Model is A) immediate rivals, potential entrants, customers,


used to evaluate competition suppliers, and substitute products
based on which 5 aspects?

A) immediate rivals, potential


entrants, customers, suppliers,
and substitute products

B) potential entrants,
customers, suppliers, legal
regulations, and cost

C) research and development,


cost, legal regulations,
suppliers, customers

D) cost, legal regulations,


advertising effectiveness,
potential entrants, and
immediate rivals

E) immediate rivals, potential


entrants, cost, substitute
Production/Operations
products, and legal regulations Management: Test 1
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Given the position of the 3D A) cost cutting


printer in the growth stage of
its life cycle, which of the
following OM Strategy/Issues
should the makers of 3D
printers be least concerned
with at the current time?

A) cost cutting

B) enhancing distribution

C) increasing capacity

D) forecasting

E) product and process


reliability

Which of the following E) all of the above


represents a reason for
globalizing operations?

A) to improve the supply chain

B) to expand a product's life


cycle

C) to attract and retain global


talent

D) to improve operations

E) all of the above

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The fundamental purpose of an E) define the organization's purpose in society.


organization's mission
statement is to:

A) define the functional areas


required by the organization.

B) create a good human


relations climate in the
organization.

C) generate good public


relations for the organization.

D) define the operational


structure of the organization.

E) define the organization's


purpose in society.

According to the authors, B) differentiation, cost leadership, and response


which of the following strategic
concepts allow firms to
achieve their missions?

A) productivity, efficiency, and


quality leadership

B) differentiation, cost
leadership, and response

C) differentiation, distinctive
competency, quality
leadership, and capacity

D) differentiation, quality
leadership, and response

E) distinctive competency, cost


leadership, and experience

What is production? The creation of goods and services.

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Operations management (OM) is the set of activities


What is Operations that create value in the form of goods and services
Management (OM)? by transforming inputs into outputs.

(1) Marketing - generates demand

What are the three essential (2) Production/operations - creates the product

functions of every company? (3) Finance/accounting - tracks how well the


organization is doing, pays bills, collects the money

The supply chain is a global network of


What is the supply chain? organizations and activities that supply a firm with
goods and services.

Members of the supply chain (1) customer satisfaction, efficiency, and competitive
collaborate to achieve high advantage
levels of (1), (1) and (1).

1) planning

What are the basic 2) organizing

management functions of OM 3) staffing

managers? 4) leading

5) controlling

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What are the 10 strategic What are the 10 strategic decisions in


decisions in Production/Operations Management?

Production/Operations 1) Design of goods and services

Management?
2) Managing quality

1) Design of .... and ....


3) Process and capacity design

2) Managing ....
4) Location strategy

3) .... and .... design


5) Layout strategy

4) .... strategy
6) Human resources and job design

5) .... strategy
7) Supply-chain management

6) Human .... and .... design


8) Inventory management

7) .... management
9) Scheduling

8) .... management
10) Maintenance
9) ....

10) ....

What is Deming known for? Quality Control

Products are (1) and services Products are tangible and services are intangible.
are (2).

Products are typically neither Products are typically neither purely service- or
purely .... or purely .... based. purely goods-based.

Production is a measure of .... Production is a measure of output only and not a


only and not a measure of ..... measure of efficiency.

Productivity is the ratio of outputs (goods and


Productivity is the ratio of ....
services) divided by the inputs (resources such as
divided by the .....
labor and capital).

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We already stated that Labor = 10% of the increase in productivity per year

management is responsible for Capital = 38% of the increase in productivity per


52% of the increase in year
productivity per year. What
about labor and capital?

What is the simple formula for Productivity = units produced/inputs used


productivity?

Single-factor productivity (1) total factor productivity

analyzes the contribution of (2) dollars


input to output for ONE
resource input (labor, capital,
materials, etc.). An example of
an answer would be 4
units/labor-hour (1000
units/250 labor-hours).
However, if you are analyzing
multiple resource inputs at a
time, you are looking at multi-
factor productivity (AKA as (1)).
With multi-factor productivity,
output and inputs are often
expressed in (2).

Some measurement problems Some measurement problems are:

are:
1) Quality may change while the quantity of inputs
1) .... may change while the and outputs remains constant.

quantity of inputs and outputs 2) External elements may cause an increase or


remains constant.
decrease in productivity

2) .... may cause an increase or 3) Precise units of measure may be lacking (as is
decrease in productivity
often the case in service markets)
3) .... may be lacking (as is often
the case in service markets)
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What are the three productivity Labor, Capital, and Management


variables?

Key Variables for Improved Key Variables for Improved Labor Productivity

Labor Productivity
1) Basic education appropriate for the labor force

1) .... appropriate for the labor 2) Diet of the labor force

force
3) Social overhead that makes labor available. The
2) .... of the labor force
challenge is in maintaining and enhancing skills in
3) .... that makes labor available. the midst of rapidly changing technology and
The challenge is in maintaining knowledge.
and enhancing skills in the
midst of rapidly changing
technology and knowledge.

Productivity and the Service Productivity and the Service Sector

Sector
1) Typically labor intensive

1) Typically .... intensive


2) Frequently focused on unique individual
2) Frequently focused on attributes or desires

unique individual .... or ....


3) Often an intellectual task performed by
3) Often an .... performed by professionals

professionals
4) Often difficult to mechanize and automate

4) Often difficult to .... and ....


5) Often difficult to evaluate for quality
5) Often difficult to .... for
quality

What are some of the new What are some of the new challenges in OM?

challenges in OM?
Global focus

.... focus
Supply-chain partnering

.... partnering
Sustainability

....
Rapid product development

.... development
Mass customization

.... customization
Just-in-time performance

.... performance
Empowered employees
.... employees

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What are 6 reasons that What are 6 reasons that companies globalize?

companies globalize?
1) Improve the supply chain

1) Improve the ....


2) Reduce costs (labor, taxes, tariffs, etc)

2) Reduce ....
3) Improve operations

3) Improve ....
4) Understand markets

4) Understand ....
5) Improve products

5) Improve .... 6) Attract and retain global talent


6) Attract and retain ....

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