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Exam (elaborations)

Test Bank for Operations Management In The Supply Chain Sustainability and Resilience 2024 Release by Schroeder.pdf

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TEST BANK FOR
m m


Operations and Supply Chain Management 16th Edition By F. Robert Jacobs
m m m m m m m m m m


Chapterm1-22


Chapter 01 Test Bank Static
m m m m




1 . Efficiency mmeansmdoingmthemright mthingsmto mcreatemthemmost mvaluemformthemcompany.

FALSE

Efficiency mmeansmdoingmsomethingmat mthemlowest mpossiblemcost.

2 . Effectivenessmmeansmdoingmthemright mthingsmto mcreatemthemmost mvaluemformthemcompany.

TRUE

Effectivenessmmeansmdoingmthemright mthingsmto mcreatemthemmost mvaluemformthemcompany.

AACSB: mAnalyticalmThinking
Blooms: mRemembe
rm Difficulty: m1 m
Easy
Learning mObjective: m01-
04 mEvaluatemthemefficiencymofmamfirm.m To
pic: mEfficiency, mEffectiveness,mandmValue

3 . Amdoctormcompletesma msurgicalmproceduremon ma mpatient mwithout merror.mThempatient mdiesmanyway.mIn moperationsmmanagement mter
ms,mwemcould mrefermto mthismdoctormasmbeingmefficient mbut mnot meffective.

TRUE

Efficiency mmeansmdoingmsomethingmatmthemlowest mpossiblemcost.mEffectivenessmmeansmdoingmthemright mthingsmto mcreatemthemmostmvalue.mT
hemdoctormperformed mthemsurgery mwithout merror.mBecausemthempatient mdied,mno mvaluemwasmcreated.

AACSB: mAnalyticalmThinking
Blooms: mAnalyz
em Difficulty: m2mMed
ium
Learning mObjective: m01-
04 mEvaluatemthemefficiencymofmamfirm.m To
pic: mEfficiency, mEffectiveness,mandmValue

4 . Amworkermcan mbemefficient mwithout mbeingmeffective.

TRUE

Efficiency mmeansmdoingmsomethingmatmthemlowest mpossiblemcost.mEffectivenessmmeansmdoingmthemright mthingsmto mcreatemthemmost mval
ue.mThesemaremdifferent mthings.

AACSB: mAnalyticalmThinkin
g m Blooms: mUnderst
andm Difficulty: m2 m
Medium
Learning mObjective: m01-
04mEvaluatemthemefficiencymofma mfirm.m To
1-1
Copyrightm©2021mMcGraw-
HillmEducation.mAllmrights mreserved.mNomreproductionmormdistributionmwithoutmthemprior mwrittenmconsentmofmMcGraw-HillmEducation.

, pic: mEfficiency, mEffectiveness,mandmValue




1-2
Copyrightm©2021mMcGraw-
HillmEducation.mAllmrights mreserved.mNomreproductionmormdistributionmwithoutmthemprior mwrittenmconsentmofmMcGraw-HillmEducation.

,5 . Amprocessmcan mbemeffectivemwithout mbeingmefficient.

TRUE

Often,mmaximizingmeffectivenessmand mefficiency matmthemsamemtimemcreatesmconflict mbetween mthemtwo mgoals.m"Beingmefficient"matmthe
mcustomermservice mcountermat ma mlocalmstore mormbank mmeansmusingmthe mfewest mnumbermofmclerksmpossible mat mthe mcounter.mBeingmeffec

tive,mthough,mmeansmminimizingmthemamount mof mtimemcustomersmneed mto mwait min mline.

AACSB: mAnalyticalmThinkin
g m Blooms: mUnderst
andm Difficulty: m2 m
Medium
Learning mObjective: m01-
04mEvaluatemthemefficiencymofma mfirm.m To
pic: mEfficiency, mEffectiveness,mandmValue

6 . Operationsmand msupply mchain mmanagementmismdefined masmthemdesign,moperation,mand mimprovementmofmthemsystemsmthat mcrea
temand mdelivermthemfirm'smprimary mproductsmand mservices.

TRUE

Operationsmand msupply mchain mmanagementmismdefined masmthemdesign,moperation,mandmimprovement mof mthemsystemsmthat mcreatemand md
elivermthemfirm'smprimary mproductsmand mservices.

AACSB: mAnalyticalmThinking
Blooms: mRemembe
rm Difficulty: m1 m
Easy
Learning mObjective: m01-01 mIdentifymthemelementsmofmoperationsmand msupplymchain mmanagement. m(OSCM)
Topic: mWhatmIsmOperationsmand mSupplymChain mManagement?

7 . Themterm m"value"mrefersmto mthemrelationship mbetween mquality mand mthempricempaid mby mthemconsumer.

TRUE

Related mto mefficiency mand meffectivenessmismthemconcept mof mvalue,mwhich mcan mbemmetaphorically mdefined masmquality mdivided mby mprice.

AACSB: mAnalyticalmThinking
Blooms: mRemembe
rm Difficulty: m1 m
Easy
Learning mObjective: m01-
04 mEvaluatemthemefficiencymofmamfirm.m To
pic: mEfficiency, mEffectiveness,mandmValue

8 . Attemptingmto mbalancemthemdesiremto mefficiently musemresourcesmwhilemprovidingma mhighly meffectivemservicemmay mcreatemconflict mbe
tween mthemtwo mgoals.

TRUE

Often mmaximizingmeffectivenessmand mefficiency matmthemsamemtimemcreatesmconflict mbetween mthemtwo mgoals.

AACSB: mAnalyticalmThinking
Blooms: mAnalyz
em Difficulty: m1 m
Easy
Learning mObjective: m01-
04 mEvaluatemthemefficiencymofmamfirm.m To
pic: mEfficiency,mEffectiveness,mandmValue




1-3
Copyrightm©2021mMcGraw-
HillmEducation.mAllmrights mreserved.mNomreproductionmormdistributionmwithoutmthemprior mwrittenmconsentmofmMcGraw-HillmEducation.

, 9 . Centralmto mthemconcept mof moperationsmstrategy maremthemnotionsmof moperationsmfocusmand mtrade-offs.

TRUE

Centralmto mthismthinkingmwasmthemnotion mof mfactory mfocusmand mmanufacturingmtrade-
offs.mBecausema mfactory mcannot mexcelmon mallmperformancemmeasures,mitsmmanagementmmust mdevisemamfocused mstrategy,mto mperformma
mlimited mset mof mtasksmextremely mwell.mThismrequiresmtrade-offs.



AACSB: mAnalyticalmThinking
Blooms: mRemembe
rm Difficulty: m1 m
Easy
Learning mObjective: m01-03 mRecognizemthemmajormconceptsmthatmdefinemthemoperationsmand msupplymchain mmanagementmfield.
Topic: mHistoricalmDevelopmentmofmOperationsmand mSupplymChain mManagement

10 . OSCM mismconcerned mwith mmanagement mof mthemtrickiest mpartsmof mthemsystem mthat mproducesma mgood mormdeliversma mservice.

FALSE

OSCM mismconcerned mwith mthemmanagement mof mthementiremsystem mthat mproducesma mgood mormdeliversma mservice.

AACSB: mAnalyticalmThinking
Blooms: mRemembe
rm Difficulty: m1 m
Easy
Learning mObjective: m01-01 mIdentifymthemelementsmofmoperationsmand msupplymchain mmanagementm(OSCM).
Topic: mWhatmIsmOperationsmand mSupplymChain mManagement?

11 . OSCM misma mfunctionalmfield mof mbusinessmwith mclearmlinemmanagement mresponsibilities.

TRUE

OSCM misma mfunctionalmfield mof mbusinessmwith mclearmlinemmanagement mresponsibilities.

AACSB: mAnalyticalmThinking
Blooms: mRemembe
rm Difficulty: m1 m
Easy
Learning mObjective: m01-02 mKnowmthempotentialmcareermopportunitiesmin moperationsmand msupplymchain mmanagement.
Topic: mWhatmIsmOperationsmand mSupplymChain mManagement?

12 . Themsupply mnetwork mcan mbemthought mof masma mpipelinemthrough mwhich mcash,mmaterial,mand minformation mflow.

FALSE

Think mof mthemsupply mnetwork masma mpipelinemthrough mwhich mmaterialmand minformation mflow.

AACSB: mAnalyticalmThinkin
g m Blooms:mUnderst
and m Difficulty:m1mE
asy
Learning mObjective: m01-01 mIdentifymthemelementsmofmoperationsmand msupplymchain mmanagementm(OSCM).
Topic: mWhatmIsmOperationsmand mSupplymChain mManagement?

13 . Supply mnetworksmcannot mbemconstructed mformevery mproduct mormservice.

FALSE

Networksmsuch masmthismcan mbemconstructed mformany mproduct mormservice.

AACSB: mAnalyticalmThinkin
g m Blooms:mUnderst

1-4
Copyrightm©2021mMcGraw-
HillmEducation.mAllmrights mreserved.mNomreproductionmormdistributionmwithoutmthemprior mwrittenmconsentmofmMcGraw-HillmEducation.
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