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Chapter 1 Intro to OSCM Question and answers rated A+ 2023/2024 Exam (elaborations) OSCM 3430 Exam 1 Questions with complete solution 2023/2024 Exam (elaborations) OSCM Chapter 1 Question and answers correctly solved 2023/2024 Exam (elaborations) OSCM Exam #1 Question and answers 2023/2024 ve...

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OSCM--. Questions with complete solution 2023/2024

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OSCM--. Questions with complete solution 2023/2024 what is the acronym OSCM? - correct answer Operations Supply Chain Management Definition of Supply Chain management? - correct answer The management of an organizations productive processes and resources 4 ways any enterprise competes. one ...

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OSCM- Question and answers rated A+ 2023/2024

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OSCM- Question and answers rated A+ 2023/2024 OSCM - correct answer The design, operation and improvement of the systems that create and deliver a firms products and services Processes - correct answer planning, sourcing, making, delivering, and returning Pure Goods - correct answer food prod...

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OSCM Question and answers 100% correct 2023/2024

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OSCM Question and answers 100% correct 2023/2024 The Goods-Services Continuum consists of which set of the following categories - correct answer Pure goods, core goods, core services, pure services Which of the following are defined as core goods - correct answer Data storage systems Which of...

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OSCM Test 1 Question and answers already passed 2023/2024

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OSCM Test 1 Question and answers already passed 2023/2024 What is the difference between a process being "effective" versus being "efficient" - correct answer efficiency is using the smallest amount of resources to get things done (the lowest possible cost) effectiveness is doing the right thi...

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OSCM Test 1 Question and answers correctly solved 2023/2024

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OSCM Test 1 Question and answers correctly solved 2023/2024strategy, processes, analytics - correct answer What are the three elements that require integration to be successful in operations and supply chain management? operations and supply chain management - correct answer the design, operatio...

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OSCM Test 1 Questions with complete solution 2023/2024

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OSCM Test 1 Questions with complete solution 2023/2024 one reason for studying operations and supply chain management is... - correct answer all managers should understand the basic principles that guide the design of transformation processes the goods-services continuum consists of what categori...

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OSCM Quiz Question and answers rated A+ 2023/2024

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OSCM Quiz Question and answers rated A+ 2023/2024Operations and sales are the two ________ functions in businesses. - correct answer Line Marketing depends on operations for information regarding: - correct answer Lead Time Two widely used metrics of variation are the __________ and the ______...

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OSCM Quiz 1 Question and answers 100% correct 2023/2024

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OSCM Quiz 1 Question and answers 100% correct 2023/2024 OSCM - correct answer The design, operation, and improvement of the systems that create and deliver the firms products and services Operations processes - correct answer Things are made (manufacturing/service) Supply chain processes - co...

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OSCM Midterm Question and answers already passed 2023/2024

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OSCM Midterm Question and answers already passed 2023/2024Operations and Supply Chain Management - correct answer Design, operation, and improvement of the systems that create and deliver the firm's primary products and services Servitization - correct answer Building service activities to suppo...

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OSCM Midterm 1 Question and answers 2023/2024 verified to pass

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OSCM Midterm 1 Question and answers 2023/2024 verified to passWhat is OSCM? - correct answer the design, operation, and improvement of the systems that create and deliver the firm's primary products and services What are the competitive dimensions (trade-offs)? - correct answer 1. Cost 2. Quali...

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OSCM Final Question and answers correctly solved 2023/2024

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OSCM Final Question and answers correctly solved 2023/2024 If demand is not uniform and constant, then stockout risks can be controlled by: a. spreading annual demand over more frequent, but smaller, orders. b. adding safety stock. c. reducing the reorder point. d. raising the selling price to...

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OSCM exam 4 Questions with complete solution 2023/2024

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OSCM exam 4 Questions with complete solution 2023/2024 Objectives of Inventory Management - correct answer 1. Satisfactory level of customer service - having right goods available in right quantity in right place at right time 2. while keeping inventory costs (ordering and carrying) within reas...

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oscm exam 3 Question and answers rated A+ 2023/2024

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oscm exam 3 Question and answers rated A+ 2023/2024 DVD recorders would be an example of independent-demand items. - correct answer true Reorder point models are primarily used for dependent-demand items. - correct answer false Decoupling operations applies to the railroad industry. - correct...

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OSCM Exam 2 Question and answers 100% correct 2023/2024

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OSCM Exam 2 Question and answers 100% correct 2023/2024Outsourcing - correct answer The use of supply chain partners to provide products or services which specialize in those activities Basic questions asked when planning capacity - correct answer - What kind of capacity is needed - How much is ...

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OSCM Exam 1 Question and answers already passed 2023/2024

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OSCM Exam 1 Question and answers already passed 2023/2024 The Transformation Process - correct answer 1. Inputs 2. Outputs 3. The conversion process 4. Controls 5. Value-Added (price of output minus cost of input) What are the four Competitive Dimensions? - correct answer 1. Price 2. Quali...

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OSCM Exam 1 Question and answers 2023/2024 verified to pass

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OSCM Exam 1 Question and answers 2023/2024 verified to passOperations Management - correct answer management processes used to design, supply, produce, and deliver valuable goods and services to customers. Supply Chain - correct answer global network of organizations. The organizations design, tr...

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oscm exam 1 Question and answers correctly solved 2023/2024

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oscm exam 1 Question and answers correctly solved 2023/2024When the output is less than the optimal rate of output, the average unit cost will be: - correct answer Higher An advantage of a U-shaped production line is that: - correct answer It is more efficient than a traditional product layout ...

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OSCM Exam 1 Question and answers correctly solved 2023/2024

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OSCM Exam 1 Question and answers correctly solved 2023/2024One reason for OCSM is which of the following? - correct answer All managers should understand the basic principles that guide the design of transformation processes The goods and service continuum consists of which of the following categ...

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OSCM Exam 1 Questions with complete solution 2023/2024

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OSCM Exam 1 Questions with complete solution 2023/2024Operations management involves continuous decision making; hopefully most decisions made will be: - correct answer D. informed Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. ...

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OSCM Exam 1, Question and answers rated A+ 2023/2024

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OSCM Exam 1, Question and answers rated A+ 2023/2024Which of the following statements is NOT true regarding supply chain management? - correct answer Supply chain management is a way of viewing operations management. A supply chain is a global network of organizations and activities involved in: ...

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OSCM Exam 1 Question and answers 100% correct 2023/2024

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OSCM Exam 1 Question and answers 100% correct 2023/2024Growth of the supply chain management perspective in operations management results from the advent of: - correct answer Technology and infrastructure advances, collaborative networks, a focus on core capabilities Johnson company makes widgets...

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OSCM exam 1 Question and answers 100% correct 2023/2024

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OSCM exam 1 Question and answers 100% correct 2023/2024 What management deserves - correct answer What does management get? quality, cost, innovation, customer service - correct answer list 4 ways any enterprise competes jobs, access to a lot of goods and services, less quality, lost jobs - c...

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OSCM EXAM 1 STUDY GUIDE Question and answers already passed 2023/2024

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OSCM EXAM 1 STUDY GUIDE Question and answers already passed 2023/2024Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization's goods or services. - correct answer False Which of the following is not a type of operations? A) goods pr...

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OSCM Exam 1 Review Question and answers 2023/2024 verified to pass

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OSCM Exam 1 Review Question and answers 2023/2024 verified to pass Operations refers to - correct answer internal (inside a company's "four walls") processes. Supply chain refers to - correct answer the external processes to acquire goods and services from suppliers and to distribute the comp...

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oscm exam 1 review Question 100% correct 2023/2024

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oscm exam 1 review Question 100% correct 2023/2024 A machine has a design capacity of 5,000 and an effective capacity of 4,000 units per year. If the expects output is 3,000 per year, what would be the Utilization? - correct answer 60% Given the precedence table below, a cycle time of 1.0 and u...

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OSCM- Exam 1 Key terms Question and answers already passed 2023/2024

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OSCM- Exam 1 Key terms Question and answers already passed 2023/2024Operations and Supply Chain Management - correct answer Design, operation, and improvement of the systems that create and deliver the firm's primary products and services. Servitization - correct answer Building service activiti...

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OSCM Exam #1 Question and answers 2023/2024 verified to pass

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OSCM Exam #1 Question and answers 2023/2024 verified to pass Bias - correct answer Tendency to over or under predict future demand (forecast error) Operations Management - correct answer The management of processes used to design, supply, produce, and deliver valuable goods and services to cus...

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OSCM Chapter 1 Question and answers correctly solved 2023/2024

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OSCM Chapter 1 Question and answers correctly solved 2023/2024 operations and supply chain management - correct answer defined as the design, operation, and improvement of the system that create and deliver the firm's primary products and services. it is concerned with the management of the entire...

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OSCM 3430 Exam 1 Questions with complete solution 2023/2024

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OSCM 3430 Exam 1 Questions with complete solution 2023/2024Operations Management - correct answer the systemic design, direction and control of processes that transform inputs into services and products for internal, as well as external Supply chain management - correct answer the synchronization...

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