100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Test Bank for Operations and Supply Chain Management: 2024 Release Evergreen by Stevenson, Kull A+ $12.99   Add to cart

Exam (elaborations)

Test Bank for Operations and Supply Chain Management: 2024 Release Evergreen by Stevenson, Kull A+

 2 views  0 purchase
  • Course
  • Institution

Test Bank for Operations and Supply Chain Management: 2024 Release Evergreen by Stevenson, Kull A+ ..

Preview 4 out of 689  pages

  • September 8, 2024
  • 689
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
avatar-seller
Created By: A Solution


Test Bank for Operations and Supply Chain Management:
2024 Release Evergreen by Stevenson, Kull A+
Chapter 01 2024 Release Stevenson




1) Operations managers are responsible for assessing consumer wants and needs and selling
and promoting the organization's goods or services.
⊚ true
⊚ false




2) Often, the collective success or failure of companies' operations functions will impact the
ability of a nation to compete with other nations.
⊚ true
⊚ false




3) Companies are either producing goods or delivering services. This means that only one of
the two types of operations management strategies are used.
⊚ true
⊚ false




4) Operations, marketing, and finance function independently of each other in most
organizations.
⊚ true
⊚ false




A+ Page 1

,Created By: A Solution


5) The greater the degree of customer involvement, the more challenging the design and
management of operations.
⊚ true
⊚ false




6) Goods-producing organizations are not involved in service activities.
⊚ true
⊚ false


7) Service operations require additional inventory because of the unpredictability of
consumer demand.
⊚ true
⊚ false




8) In for-profit organizations, the value of outputs is measured by the prices customers are
willing to pay for goods or services.
⊚ true
⊚ false




9) The use of models will guarantee the best possible decisions.
⊚ true
⊚ false




10) People who work in the field of operations should have skills that include both
knowledge and people skills.
⊚ true
⊚ false

A+ Page 2

,Created By: A Solution




11) Assembly lines improved productivity by using interchangeable parts and craft
production.
⊚ true
⊚ false




12) The operations manager has primary responsibility for making operations system design
decisions, such as system capacity and location of facilities.
⊚ true
⊚ false




13) The word "technology" is used only to refer to "information technology."
⊚ true
⊚ false


14) "Value added" by definition is always a positive number since "added" implies increases.
⊚ true
⊚ false




15) Service often requires relatively greater labor content when compared to manufacturing.
⊚ true
⊚ false




16) Measurement of productivity in service is more straightforward than in manufacturing
since it is not necessary to take into account the cost of materials.
⊚ true

A+ Page 3

, Created By: A Solution


⊚ false




17) Specialized machinery or equipment is a common way of offering increased
customization in manufacturing or services without taking on additional labor costs.
⊚ true
⊚ false




18) Most people encounter operations only in profit-making organizations.
⊚ true
⊚ false




19) Service typically involves a much higher degree of customer contact than manufacturing.
⊚ true
⊚ false




20) A systems approach emphasizes interrelationships among subsystems, but its main theme
is that the whole is greater than the sum of its individual parts.
⊚ true
⊚ false


21) The Pareto phenomenon is one of the most important and pervasive concepts that can be
applied at all levels of management.
⊚ true
⊚ false




A+ Page 4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ASolution. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80435 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.99
  • (0)
  Add to cart