QUESTIONS AND ANSWERS 2026 LATEST UPDATED | 100% GRADED
CORRECT | 100% GUARANTEED TO PASS | GET A+
What are some of the current challenges in operations management? - (ANSWER)-
Globalization
- Supply chain partnering
- Sustainability
- Rapid product development
- Mass customization
- Lean operations
What are the ten strategic decisions? - (ANSWER)- Design of goods and services
- Managing quality
- Process and capacity strategy
- Location strategy
- Layout strategy
- Human resources and job design
- Supply-chain management
- Inventory management
,- Scheduling
- Maintenance
Eli Whitney, in the nineteenth century, provided the foundations for - (ANSWER)standardized
interchangeable parts made by machines to exact specifications
Henry Ford is notes for his contributions to - (ANSWER)Assembly line
T or F: Operations management is applicable to only manufacturing - (ANSWER)False. It can
also be applied to services
How can productivity be improved? - (ANSWER)- Labor, capital, and management
- Basic education appropriate for the labor force
- Diet of the labor force
- Social overhead that makes labor available
What can complicate productivity measurement? - (ANSWER)Not setting proper standards for
quality, external elements
,Why is productivity more difficult to improve in the service sector? - (ANSWER)- Typically
labor-intensive
- Frequently focused on unique individual attributes or desires
- Often an intellectual task performed by professionals
- Often difficult to mechanize and automate
- Often difficult to evaluate for quality
Reasons to study operations management include learning about: - (ANSWER)- how people
organize themselves for productive enterprise
- know how goods and services are produced
- understand what operations managers do
- OM is such a costly part of an organization
What strategic concepts allow firms to achieve missions? - (ANSWER)Differentiation, cost
leadership, and response
How can a firm effectively use its operations function to yield competitive advantage? -
(ANSWER)setting equipment utilization goals below the industry average
, What is strategy? - (ANSWER)determining how to get from point a to point b
action plan to achieve the mission
What does SWOT analysis determine? - (ANSWER)Internal strengths and weaknesses, external
opportunities and threats
A resources view would ensure that what resources are available? - (ANSWER)Financial,
physical, human, and technological
What are some advantages of outsourcing? - (ANSWER)Cost savings and gaining outside
expertise
How can cost cutting in international operations take place? - (ANSWER)lower taxes, lower
wage scales, lower indirect costs, less stringent regulations
Cost minimization is an appropriate strategy in which stage of the product life cycle? -
(ANSWER)decline