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OPERATIONS MANAGEMENT PRACTICE TEST EXAM QUESTIONS WITH ANSWERS 2025/2026 GRADED A+

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OPERATIONS MANAGEMENT PRACTICE TEST EXAM QUESTIONS WITH ANSWERS 2025/2026 GRADED A+. Customization - Tailoring products to meet specific customer needs. Trade-offs - Balancing multiple competitive priorities based on context. Concurrent engineering - Joint product design by engineers and marketers. Sustainability triple bottom line - Performance measures: financial, environmental, social. Supply chain - Interconnected processes producing goods/services for customers. Core processes - Essential operations in a supply chain. Support process - Provides resources to core processes. Customer value bundle - Dimensions creating overall customer satisfaction. Order fulfillment - Processes ensuring timely delivery of products.

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OPERATIONS MANAGEMENT
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Uploaded on
February 23, 2025
Number of pages
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Written in
2024/2025
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OPERATIONS MANAGEMENT PRACTICE TEST EXAM
QUESTIONS WITH ANSWERS 2025/2026 GRADED A+.
Customization - Tailoring products to meet specific customer needs.

Trade-offs - Balancing multiple competitive priorities based on context.

Concurrent engineering - Joint product design by engineers and marketers.

Sustainability triple bottom line - Performance measures: financial, environmental,
social.

Supply chain - Interconnected processes producing goods/services for customers.

Core processes - Essential operations in a supply chain.

Support process - Provides resources to core processes.

Customer value bundle - Dimensions creating overall customer satisfaction.

Order fulfillment - Processes ensuring timely delivery of products.

High-performance quality - Emphasis on superior quality in service delivery.

Delivery speed - Time taken to deliver products to customers.

Process - A process involves transforming inputs into outputs.

Inputs - Inputs to a process can include human resources.

Nested Process - A nested process refers to a process within a process.

Operations Management - Operations management refers to the direction and control of
inputs that transform processes into products and services.

Tactical Decisions - Relative to strategic decisions, tactical decisions are less structured
and have longer-term consequences.

Manufacturing Process - The process of baking a doughnut at Tim Hortons is a
manufacturing process.

Service Operations - Many service operations have little outside customer contact.

Labour Productivity - Labour productivity is an index of the output per person or hours
worked.

, Competitive Priorities - Competitive priorities are the means by which operations
implements the firm's corporate strategies.

Global Strategy - One effective global strategy is strategic alliances.

Market Segments - One factor used to determine market segments is psychological
factors.

Flexibility - Flexibility is a possible competitive priority.

Functions within an Organization - Functions within an organization are characterized
by having their own knowledge and skill areas, primary responsibilities, processes, and
decision domains.

Multifactor Productivity - Multifactor productivity measures are determined by measuring
more than one of the input resources used to produce outputs.

Support Processes - Support processes provide key resources, capabilities, or other
inputs that allow the core processes to function.

Customer Benefit Bundle - Customer benefit bundle consists of a core good and/or
service and a set of peripheral goods and services.



On-time delivery - Timely fulfillment of customer orders.

Variety - Range of different products offered to customers.

Financial performance - Measures of a firm's economic success.

Environmental performance - Assessment of ecological impact of operations.

Social performance - Evaluation of a firm's social responsibility efforts.

Low-cost operations - Focus on minimizing production costs.

Development speed - Rate of bringing new products to market.

Customer relationship - Management of interactions with customers.

New product development - Process of creating and launching new products.

Service development - Creating new services to meet customer needs.

Market segmentation - Dividing a market into distinct groups.

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