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SCHM 2301 Exam #1 - Chapters 2, 3, and 5 Most Recent 2026/2027 Questions and Accurate Answers

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This document contains questions and verified answers for SCHM 2301 Exam #1 - Chapters 2, 3, and 5 . It includes detailed explanations, revision-focused content, and exam preparation material suitable for 2026/2027 students.

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SCHM 2301 Exam #1 - Chapters 2, 3, and
5

Sports - procedure - ANS-5 awesome categories:
-operations: transforms inputs into outputs (represented with the aid of a filled in circle)

-transportation: movements an enter from one place to any other with out remodeling it
(represented via an arrow)

-inspection: verifies the effects from some other activity (represents a rectangular)

-put off: go with the flow of an enter is accidentally stopped as a result of interference
(represented by means of a filled in capital "D")

-garage: the formal inventorying of objects (represented a stuffed in, upside down triangle)

anatomy of a technique - ANS-sports, inputs/outputs, technique structures, and management
rules

collect-to-order (ATO) - ANS-produced from wellknown modules and additives; standardized
product modules which can be assembles in unique ways to create end product configurations
that meet character consumer needs

repetitive procedure

assigning duties to workstations - ANS-rules:
1. Assign responsibilities based on precedence courting
2. The challenge time for each notebook can't exceed the takt time

lower back office - ANS-behind the curtain activities not seen by the customer

balanced scorecard - ANS-creates a cycle of making plans, motion, evaluation, and feedback
(prevents runnel imaginative and prescient to the detriment of other regions)

all metrics are centered across the vision and approach of the agency; ensures all capabilities
are centered on common desires and objectives, and that their individual metrics replicate that

batch system - ANS-outputs: made in batches, now not a continuous flow; slight quantity and
range; preference, however limited

, procedure: dominant flow patterns, a few common inputs, setup time may be high, fairly flexible
employees and gadget

examples: bakery, automobile elements, cinemas

commercial enterprise model - ANS-the mixture of the choices determining the customers an
SBU will target, the value propositions it will offer, and the supply chain/operations management
abilties it'll employ

*assessed by way of SWOT analysis

cash-to-coins conversion time - ANS-time required to convert a greenback spent on inventory
into a dollar pf income revenue

cellular production - ANS-produces products which have similar processing characteristics the
usage of small assembly lines known as paintings cells

communications era - ANS-greater connectivity; create bridges for the exchange of information
(the net)

aggressive priorities - ANS-how nicely the customer's goals are met in phrases of standards of
exceptional, timeliness, and cost (all regarded from the customer angle)

continuous process - ANS-outputs: commodities with high extent and little range; single-waft
system to provide excessive-volume, non-discrete, standardized products; made-to-stock

procedure: products observe sequence, operations normally run 24/7, line stoppages are high
priced, particularly specialized device, low-professional workers

examples: aluminum cans, fuel, laundry detergent

corporate method - ANS--communicates the general values, direction, and undertaking of the
corporation and identifies the sort of groups the organization want to be in (which corporations
to collect and which to divest)
-covers a long-time period horizon
-establishes how business overall performance will be measured and the way risks could be
controlled

cost - aggressive precedence - ANS-may be a source of aggressive benefit; a key overall
performance indicator for the operations and supply chain features of a corporation;
organization with competitive precedence placed on cost treats certain dimensions of first-class
and timeliness as givens and focuses on decreasing fee

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