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Exam (elaborations)

Operations Management, Stevenson - Complete test bank - exam questions - quizzes (updated 2022)

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Description: - Test bank with practice exam questions and their answers - Compatible with different editions (newer and older) - Various difficulty levels from easy to extremely hard - The complete book is covered (All chapters) - Questions you can expect to see: Multiple choice questions, Problem solving, essays, Fill in the blanks, and True/False. - This test bank is a great tool to get ready for your next test *** If you have any questions or special request feel free to send a private message

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Uploaded on
April 19, 2022
Number of pages
1188
Written in
2021/2022
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

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Chapter 01

Introduction to Operations Management




True / False Questions


1. Operations managers are responsible for assessing consumer wants and needs and
selling and promoting the organization's goods or services.
FALSE




Difficulty: Easy
TLO: 4
Taxonomy: Knowledge




2. Often, the collective success or failure of companies' operations functions will impact the
ability of a nation to compete with other nations.
TRUE




Difficulty: Easy
TLO: 1
Taxonomy: Knowledge




3. Companies are either producing goods or delivering services. This means that only one of
the two types of operations management strategies are used.
FALSE




Difficulty: Medium
TLO: 3
Taxonomy: Application

,
,4. Operations, marketing, and finance function independently of each other in most
organizations.
FALSE




Difficulty: Medium
TLO: 2
Taxonomy: Knowledge




5. The greater the degree of customer involvement, the more challenging the design and
management of operations.
TRUE




Difficulty: Easy
TLO: 4
Taxonomy: Application




6. Goods producing organizations are not involved in service activities
FALSE




Difficulty: Medium
TLO: 3
Taxonomy: Knowledge




7. Service operations require additional inventory because of the unpredictability of
consumer demand.
FALSE




Difficulty: Easy
TLO: 3
Taxonomy: Knowledge

, 8. The value of outputs is measured by the prices customers are willing to pay for goods or
services.
TRUE




Difficulty: Easy
TLO: 4
Taxonomy: Knowledge




9. The use of models will guarantee the best possible decisions.
FALSE




Difficulty: Medium
TLO: 6
Taxonomy: Synthesis




10. People who work in the field of operations should have skills that include both
knowledge and people skills.
TRUE




AACSB: RT
Difficulty: Medium
TLO: 4
Taxonomy: Synthesis




11. Assembly lines achieved productivity but at the expense of standard of living.
FALSE




AACSB: RT
Difficulty: Hard
TLO: 7
Taxonomy: Synthesis

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