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Quiz 2 - Chapter 2 (Competitiveness, Strategic Planning, and Productivity) & 3 (Demand Forecasting) $2.99   Add to cart

Exam (elaborations)

Quiz 2 - Chapter 2 (Competitiveness, Strategic Planning, and Productivity) & 3 (Demand Forecasting)

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This document concentrates on chapters 3 and 4 of the operations management textbook we were using in the 2019/2020 academic year. This document concentrates on demand forecasting and competitiveness in productivity.

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  • October 8, 2019
  • 4
  • 2019/2020
  • Exam (elaborations)
  • Questions & answers
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Available practice questions

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Some examples from this set of practice questions

1.

Which of the following is not a step for formulating an operations strategy?

Answer: A) Link the organizational goals to the operations strategy. B) Conduct an audit to determine strengths/weaknesses of the current operations strategy. C) Define the mission and values of the organization. ✔ D) Assess the degree of focus at each plant. E) Segment the customers into types.

2.

Productivity is expressed as:

Answer: A) Output Input. B) Output - Input. C) Output * input. D) Output/Input. ✔ E) Input/Output.

3.

Which of the following is not a key purchasing criterion?

Answer: A) Price. B) Variety. C) Quality. D) Timeliness. E) Vendor relations. ✔

4.

Time-based strategies do not focus on:

Answer: A) The time to deliver a product. B) Maintaining quality. ✔ C) Planning time. D) Production design time. E) Changeover time.

5.

Canvalves Company produces cast bronze valves on an assembly line. It currently produces 800 valves each 8-hour shift. If the production is increased to 1200 valves each shift, the productivity increased by?

Answer: A) 50%. ✔ B) 33%. C) 25%. D) 67%. E) 75%.

6.

Which of the following is not a major decision-making category for operations policies and action plans?

Answer: A) Facility. B) Capacity. C) Process types and technology. D) HR. ✔ E) Productivity.

7.

Characteristics that customers perceive as min standards of acceptability are called:

Answer: A) Order winners. B) Order qualifiers. ✔ C) Core competencies. D) Distinctive competencies. E) Minimum attributes.

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