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Exam (elaborations)

Operations Management Exam 2024 |Questions with Complete Answers

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Operations Management Exam 2024 |Questions with Complete Answers

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Operations Management
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October 17, 2024
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Operations Management Exam 2024
|Questions with Complete Answers
Many operations management decisions can be described as tradeoffs. - ANSWER
TRUE
Managing tradeoffs is the essence of operations management.


A systems approach means that we concentrate on efficiency within a subsystem
and thereby assure overall efficiency. - ANSWER FALSE
Subsystem efficiency doesn't necessarily translate into overall efficiency.


Prior to the Industrial Revolution, goods were produced primarily by craftsmen or
their apprentices using custom made parts. - ANSWER TRUE
After the Industrial Revolution, more standardized approaches became common.


Elton Mayo's "Hawthorne Experiment" was the focal point of the Human Relations
Movement, which emphasized the importance of the human element in job design. -
ANSWER TRUE
The Hawthorne Experiments were the beginning of the Human Relations Movement.


Among Ford's many contributions was the introduction of mass production, using
the concept of interchangeable parts and division of labor. - ANSWER TRUE
Ford made mass production a practical success.

, Operations management and marketing are the two functional areas that exist to
support activities in other functions such as accounting, finance, IT and human
resources. - ANSWER FALSE
Operations management and marketing are supported by these functions.


Lean production systems incorporate the advantages of both mass production and
craft production. - ANSWER TRUE
Lean production blends the best of both worlds.


As an abstraction of reality, a model is a simplified version of a real phenomenon. -
ANSWER TRUE
Models are valuable abstractions and simplifications of real, complex phenomena.


Lean production systems use a highly skilled work force and flexible equipment. -
ANSWER TRUE
Lean depends on a skilled workforce.


The lean production philosophy has been slow to be adopted in service industries. -
ANSWER FALSE
Lean concepts apply very well in service industries.


Operations Management activities will be less important in the future because many firms
are becoming service-oriented operations rather than goods producing operations.
- ANSWER FALSE
Operations management is just as important for service firms.


A modern firm has two supply chain considerations - external links with suppliers and
customers, and an internal network of flows to and between the operations function
itself. - ANSWER TRUE
Supply chain considerations are at play both in and beyond the modern firm.

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