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Exam (elaborations)

Final Exam Review Vocab - OPMA 3306 questions with 100% complete solutions already passed

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Final Exam Review Vocab - OPMA 3306 questions with 100% complete solutions already passed

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Final Exam Review Vocab - OPMA 3306 questions with
100% complete solutions already passed
1. CHAPTER 2 CHAPTER 2

2. Which of the following is not a Which of the following lists contains
major strategic operational only competitive dimensions of a firm
competitive dimen- sion that forms discussed in the text?
a company's competitive position? D. Cost or price, delivery speed, delivery
management acumen reli- ability, flexibility and new product
introduc- tion speed

3. The total output from a production system Which of the following is an
activity-system
in one day is 500 units and the map? A diagram that shows how a compa-
total labor necessary to produce the ny's strategy is delivered to
500 units is 350 hours. Using the customers.
appropriate productivity measure,
which of the following numbers
represents the resulting
productivity ra- tio? 1.429

4. The total output from a production system Triple bottom line is a phrase
that cap-
in one day is 900 units and the priorities at
total labor necessary to produce the minimum cost.
900 units is 900 hours. Using the
appropriate productivity measure,
what is the resulting productivi- ty
ratio? 1.000

5. What is meant by the term
"operations effectiveness?"
Performing activities in a manner
that best implements strategic


, Final Exam Review Vocab - OPMA 3306 questions with
100% complete solutions already passed
res which of the following?B. The con- cept that firms should of the following may be an important
consider economic prosperity, environmental stewardship and product-specific criterion to consider?
social responsibility attecting shareholders and stake holders. Supplier after-sale support.

development of an operations and supply chain strategy, which

6. If all you knew about a production system Decisions that relate to the
design of the
was that total daily output was processes and the infrastructure needed to
400 units and the total labor support these processes relate to
necessary to produce the 400 units which OSCM concept?integrating
was 350 hours, what kind operations and






, Final Exam Review Vocab - OPMA 3306 questions with
100% complete solutions already passed
of productivity measure could you supply chain strategy with a firm's
use to compute productivity? opera- tional capabilities.
A. Partial measure

7. Choose the most accurate Which of the following is a multifactor
description in mea-
the context of operations and supply chain sure of productivity?Output ÷
(Labor + Cap-
from the following lists.D. Order ital + Energy)
qualifier is a screening criterion while
order winner is a differentiating
criterion.
In a firm, if the employees attend a
8. In a firm, all other things training program, then the time to
remaining the same, if the assemble one unit reduces by 10%.
material usage per unit Training program will
of final product decreases to half blank. increase both
of the current usage, then the labor and multifactor productivity
firm will
blank. double the
material productivity and increase
A company seeks to match the
the multifactor productivity
benefits of a successful position while
9. Larry's Auto Body Repair Shop had maintaining its ex- isting position in
rev- enues that averaged $60,000 ottering customers a vari- ety of
per week in April and $50,000 per dittering services. How is this process
week in May. Dur- ing both months,
the shop employed six
full-time (40 hours/week) workers. In April called?Straddling
the firm also had four part-time
workers working 25 hours per week
but in May there were only two


, Final Exam Review Vocab - OPMA 3306 questions with
100% complete solutions already passed
part-time workers and they only
worked 10 hours per week. What is
the percentage change in labor
productivity from April to May for
Larry's Auto Body Repair? 8.98%

10. Which of the following is a total Which of the following major competitive
measure of productivity?Output ÷ di- mension forms a company's
Inputs strategic oper-

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