OSCM TESTS COMPILATION BUNDLE

Growth 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, which it then sends to smith company. smith company t...

Operations 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 support a firm's product offerings Efficinecy correct answe...

What 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. Quality 3. sustainability 4. Innovation 5. Flexibility 6. Deliv...

2. A supply chain is a global network of organizations and activities involved in: a) Producing, buying, servicing, and disposing of goods and services. b) Designing, transforming, consuming, and disposing of goods and services. c) Financing, producing, and marketing of goods and services. d)...

refers to the systematic design, direction, and control of processes that transform inputs into services and products for internal, as well as external customers correct answer: operations management is any activity or group of activities that takes one or more inputs, transforms them, and provi...

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 categories? correct answer: pure goods, core goods, core servi...

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. Quality 3. Response-Time 4. Variety (Competitive Space) Wha...

The fundamental purpose of an organization's mission statement is to: A) define the functional areas required by the organization. B) define the operational structure of the organization. C) generate good public relations for the organization. D) define the organization's purpose in societ...

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 thing (we don't want any defects) What is the textbook's ...

Operations and Supply Chain Mngmt is.. correct answer: ¨effectively and efficiently manufacturing and distributing goods. ¨Preparing, packaging and delivering ¨Process management ¨Collecting, organizing, managing and analyzing data Operations correct answer: Manufacturing and service pro...