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Operations and Supply Chain Management, 17th Edition by F. Robert Jacobs and Richard Chase Chapters 1 - 22 | Complete

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Operations and Supply Chain Management, 17th Edition by F. Robert Jacobs and Richard Chase Chapters 1 - 22 | Complete

Institution
Operations And Supply Chain Management, 17th E
Course
Operations and Supply Chain Management, 17th E

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TEST BANK
Operations and Supply Chain Management, 17th Edition
by F. Robert Jacobs and Richard Chase
Chapters 1 - 22 | Complete

, TABLE OF CONTENTS
64 64



Chapter641:64Introduction

Chapter642:64Strategy

Chapter643:64Design64of64Products64and64Servi

ces6 4 Chapter644:64Projects

Chapter645:64Strategic64Capacity64Manageme

nt6 4 Chapter646:64Learning64Curves

Chapter647:64Manufacturing64Processes6 4 Cha

pter648:64Facility64Layout

Chapter649:64Service64Processes

Chapter6410:64Waiting64Line64Analysis64and64Simulatio

n6 4 Chapter6411:64Process64Design64and64Analysis

Chapter6412:64Quality64Management6 4 Cha

pter6413:64Statistical64Quality64Control6 4 C

hapter6414:64Lean64Supply64Chains

Chapter6415:64Logistics64and64Distribution64Managem

ent6 4 Chapter6416:64Global64Sourcing64and64Procurem

ent6 4 Chapter6417:64The64Internet64of64Things64and64E

RP646 4 Chapter6418:64Forecasting

Chapter6419:64Sales64and64Operations64Planni

ng6 4 Chapter6420:64Inventory64Management

Chapter6421:64Material64Requirements64Planning6 4 Ch

apter6422:64Workcenter64Scheduling

,Chapter6401
Efficiency64means64doing64the64right64things64to64create64the64most64value64for64the64company.

FALSE

Efficiency64means64doing64something64at64the64lowest64possible64cost.

1. Effectiveness64means64doing64the64right64things64to64create64the64most64value64for64the64company.

TRUE

Effectiveness64means64doing64the64right64things64to64create64the64most64value64for64the64company.

AACSB:64Analytical64Thinking
Blooms:64Rememb
er6 4 Difficulty:64
164Easy
Learning64Objective:6401-
0464Evaluate64the64efficiency64of64a64
firm.6 4 Topic:64Efficiency,64Effectiveness,
64and64Value


2. A64doctor64completes64a64surgical64procedure64on64a64patient64without64error.64The64patient64dies64anyway.64In64operations
64management64terms,64we6 4 could64refer64to64this64doctor64as64being64efficient64but64not64effective.


TRUE

Efficiency64means64doing64something64at64the64lowest64possible64cost.64Effectiveness64means64doing64the64right64things64to64cre
ate64the64most64value.64The6 4 doctor64performed64the64surgery64without64error.64Because64the64patient64died,64no64value64w
as64created.

AACSB:64Analytical64Thinking
Blooms:64Analy
ze6 4 Difficulty:6426
4Medium
Learning64Objective:6401-
0464Evaluate64the64efficiency64of64a64
firm.6 4 Topic:64Efficiency,64Effectiveness,
64and64Value


3. A64worker64can64be64efficient64without64being64effective.

TRUE

Efficiency64means64doing64something64at64the64lowest64possible64cost.64Effectiveness64means64doing64the64right64things64to64cr
eate64the64most64value.6 4 These64are64different64things.

AACSB:64Analytical64Thinki
ng6 4 Blooms:64 Un
derstand6 4 Difficult
y:64264Medium
Learning64Objective:6401-
0464Evaluate64the64efficiency64of64a64
firm.6 4 Topic:64Efficiency,64Effectiveness,
64and64Value

, 4. A64process64can64be64effective64without64being64efficient.

TRUE

Often,64maximizing64effectiveness64and64efficiency64at64the64same64time64creates64conflict64between64the64two64goals.64"Being
64efficient"64at64 the6 4 customer64service64counter64at64a64local64store64or64bank64means64using64the64fewest64number64of64cl
erks64possible64at64the64counter.64Being64effective,6 4 though,64means64minimizing64the64amount64of64time64customers64need
64to64wait64in64line.

AACSB:64Analytical64Thinki
ng6 4 Blooms:64 Un
derstand6 4 Difficult
y:64264Medium
Learning64Objective:6401-
0464Evaluate64the64efficiency64of64a64
firm.6 4 Topic:64Efficiency,64Effectiveness,
64and64Value


5. Operations64and64supply64chain64management64is64defined64as64the64design,64operation,64and64improvement64of64the6
4systems64that64create64and6 4 deliver64the64firm's64primary64products64and64services.


TRUE

Operations64and64supply64chain64management64is64defined64as64the64design,64operation,64and64improvement64of64the64system
s64that64create64and64deliver6 4 the64firm's64primary64products64and64services.

AACSB:64Analytical64Thinking
Blooms:64Rememb
er6 4 Difficulty:64
164Easy
Learning64Objective:6401-0164Identify64the64elements64of64operations64and64supply64chain64management.64(OSCM)
Topic:64What64Is64Operations64and64Supply64Chain64Management?


6. The64term64"value"64refers64to64the64relationship64between64quality64and64the64price64paid64by64the64consumer.

TRUE

Related64to64efficiency64and64effectiveness64is64the64concept64of64value,64which64can64be64metaphorically64defined64as64quality64di
vided64by64price.

AACSB:64Analytical64Thinking
Blooms:64Rememb
er6 4 Difficulty:64
164Easy
Learning64Objective:6401-
0464Evaluate64the64efficiency64of64a64
firm.6 4 Topic:64Efficiency,64Effectiveness,
64and64Value


7. Attempting64to64balance64the64desire64to64efficiently64use64resources64while64providing64a64highly64effective64service64may64c
reate64conflict64 between6 4 the64two64goals.

TRUE

Often64maximizing64effectiveness64and64efficiency64at64the64same64time64creates64conflict64between64the64two64goals.

AACSB:64Analytical64Thinking
Blooms:64Analy
ze6 4 Difficulty:64
164Easy
Learning64Objective:6401-
0464Evaluate64the64efficiency64of64a64
firm.6 4 Topic:64Efficiency,64Effectiveness,
64and64Value

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Institution
Operations and Supply Chain Management, 17th E
Course
Operations and Supply Chain Management, 17th E

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