Oscm test 1 - Study guides, Class notes & Summaries

OSCM Test 1

OSCM Test 1

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 definition of the term "operations" ? correct answer: transforming inputs into outputs Understand the textbook's explanation of what takes place during "planning" activities. correct answer: ...

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 services, pure services what is defined as a core good? correct answer: data storage systems current issues in OSCM do not include: correct answer: increasing global supply chain employment curr...

TEST BANK for Operations and Supply Chain Management: The Core 6th Edition. by F. Robert Jacobs, Richard Chase ISBN 9781265402167, 1265402167. All 14 Chapters.TABLE OF CONTENTS 1 Introduction to OSCM 2 Strategy and Sustainability 3 Forecasting 4 Strategic Capacity Management 4a Learning Curves 5 Projects Analytics Exercise: Product Design Project 6 Manufacturing Processes 7 Service Processes 8 Sales and Operations Planning 9 Material Requirements Planning 10 Quality Management and S...

OSCM Test 1

OSCM Test 1

OSCM Test 1

Operations and Supply Management the Core 2nd Edition Test Bank Operations and Supply Management the Core 2nd Edition Test Bank c1 Student: 1. Which of the following is a reason for studying operations management (OSCM)? A. OSM is essential for understanding organizational behavior. B. Most business graduates do OSM work regardless of their job title. C. Concepts and tools of OSM are useful in other functions of business. D. OSM is a required course in all business degree pro...

OSCM Test 1