Quiz 1 Operations and Supply Chain
Management fully solved
Operations management - ANS ✔✔designs, operates, and improves productive systems;
systems for getting work done
Operations - ANS ✔✔a function or system that transforms inputs int outputs of greater value
value chain - ANS ✔✔a series of activities from supplier to customer that add value to a product
or service
process planning - ANS ✔✔converts designs into workable instructions for manufacture or
delivery
vertical integration - ANS ✔✔the degree to which a firm produces the parts that go into its
products
projects - ANS ✔✔one-at-a-time production of a product to customer order
batch production - ANS ✔✔processing many different jobs at the same time in groups
mass production - ANS ✔✔producing large volumes of a standard product for a mass market
continuous production - ANS ✔✔producing very high-volume commodity products
, sourcing - ANS ✔✔the selection of suppliers
outsourcing - ANS ✔✔the purchase of goods and services from an outside supplier
core competencies - ANS ✔✔what a company does best; the essential capabilities that create a
firms sustainable competitive advantage
process layout (functional layout) - ANS ✔✔group similar activities together according to the
process or function they perform
product layouts (assembly lines) - ANS ✔✔arrange activities in a line according to the sequence
of operations for a particular product or service
fixed-position layout - ANS ✔✔used for projects in which the product cannot be moved
Computer aided design (CAD) - ANS ✔✔assists in the creation, modification, and analysis of a
design
Computer aided engineering (CAE) - ANS ✔✔a software system that tests and analyzes designs
on the computer screen
Digital manufacturing - ANS ✔✔also called smart manufacturing; using digital technologies to
design, manufacture, and control production, even remotely
Industrial internet of things (IIOT) - ANS ✔✔sensors to collect information and control
processes; enables digital manufacture
Management fully solved
Operations management - ANS ✔✔designs, operates, and improves productive systems;
systems for getting work done
Operations - ANS ✔✔a function or system that transforms inputs int outputs of greater value
value chain - ANS ✔✔a series of activities from supplier to customer that add value to a product
or service
process planning - ANS ✔✔converts designs into workable instructions for manufacture or
delivery
vertical integration - ANS ✔✔the degree to which a firm produces the parts that go into its
products
projects - ANS ✔✔one-at-a-time production of a product to customer order
batch production - ANS ✔✔processing many different jobs at the same time in groups
mass production - ANS ✔✔producing large volumes of a standard product for a mass market
continuous production - ANS ✔✔producing very high-volume commodity products
, sourcing - ANS ✔✔the selection of suppliers
outsourcing - ANS ✔✔the purchase of goods and services from an outside supplier
core competencies - ANS ✔✔what a company does best; the essential capabilities that create a
firms sustainable competitive advantage
process layout (functional layout) - ANS ✔✔group similar activities together according to the
process or function they perform
product layouts (assembly lines) - ANS ✔✔arrange activities in a line according to the sequence
of operations for a particular product or service
fixed-position layout - ANS ✔✔used for projects in which the product cannot be moved
Computer aided design (CAD) - ANS ✔✔assists in the creation, modification, and analysis of a
design
Computer aided engineering (CAE) - ANS ✔✔a software system that tests and analyzes designs
on the computer screen
Digital manufacturing - ANS ✔✔also called smart manufacturing; using digital technologies to
design, manufacture, and control production, even remotely
Industrial internet of things (IIOT) - ANS ✔✔sensors to collect information and control
processes; enables digital manufacture
