International Logistics Exam 1 (MSU, Adams)
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questions with precise detailed answers
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What |did |Whickham |Skinner |say |about |operations? |- |CORRECT |ANSWER-1) |"Operations |is |either |a |
competitive |weapon |or |a |corporate |milestone. |It |is |seldom |neutral."
What |is |operations |and |supply |chain |management |(OSCM)? |- |CORRECT |ANSWER-1) |The |business |
function |responsible |for |acquiring |materials, |transforming |those |materials |into |higher-valued |outputs, |
and |delivering |the |finished |product |to |customers; |that |is, |for |creating |customer |value
What |are |the |three |parts |to |the |transformation |process? |- |CORRECT |ANSWER-1) |Purchasing |acquires |
inputs |
2) |Operations |manages |the |transformation |process
3) |Logistics |moves |materials |into |and |out |of |the |company
What |are |transformation |processes? |- |CORRECT |ANSWER-1) |Processes |that |take |a |set |of |purchased |
inputs |and |turns |them |into |something |that |possesses |greater |
Ex. |Cooking, |DIY |projects
What |is |productivity? |- |CORRECT |ANSWER-1) |A |measure |of |the |efficiency |of |a |person, |machine, |
factory, |or |system |in |converting |inputs |into |useful |outputs |as |measured |by |output |per |unit |of |input
What |power |was |substituted |in |the |Industrial |Revolution? |- |CORRECT |ANSWER-1) |Machine |power |
substituted |for |human |power
What |is |Six |Sigma? |- |CORRECT |ANSWER-1) |A |quality |philosophy |that |relies |on |the |DMAIC |
methodology |and |to |statistical |analysis |to |identify |and |remove |the |cause |of |defects, |reducing |defects |
to |3.4 |per |million |of |parts |produced
Operations |management |creates |__(1)__ |- |CORRECT |ANSWER-1) |Value
,Who |invented |lean |six |sigma? |- |CORRECT |ANSWER-1) |Toyota |(Japanese)
What |is |the |Internet |of |Things |(IoT)? |- |CORRECT |ANSWER-1) |The |process |of |connecting |different |
devices |to |the |internet, |creating |smart |devices
What |is |big |data? |- |CORRECT |ANSWER-1) |Defined |by |the |3 |V's: |Volume, |variety, |and |velocity.
2) |As |more |data |is |collected |at |an |increasing |rate, |new |analysis |approaches |are |needed |to |make |good
|decisions
What |is |the |SCOR |model? |- |CORRECT |ANSWER-1) |A |tool |that |benchmarks |the |best |practices |across |a |
company's |core |value |and |added |activities, |including |sourcing, |operations, |logistics, |and |product |
return
What |are |open |systems? |- |CORRECT |ANSWER-1) |The |view |that |the |companies |are |"open" |to |and |
affected |by |changes |in |their |environments |
2) |Managers |need |to |recognize |emerging |opportunities |and |threats |and |be |able |to |effectively |
respond
What |are |the |four |production-process |types? |- |CORRECT |ANSWER-1) |Hand |crafted
2) |Assembly |line |
3) |Fixed |location |
4) |Customer |engagement
What |do |design |decisions |do? |What |are |they? |- |CORRECT |ANSWER-1) |They |determine |where |and |
how |you |deploy |your |assets, |especially |plant |and |equipment, |to |create |value |over |the |long |haul
2) |They |are |resource-intensive, |hard |to |change |in |the |short |term, |and |have |long |term |impact |on |your
|firms |competitiveness
What |are |the |parts |to |design |decisions? |- |CORRECT |ANSWER-1) |Product |design: |What |should |you |
make?
2) |Process |design: |How |should |you |make |things? |
, 3) |Facility |layout: |How |should |you |make |things? |
4) |Facility |location: |Where |should |you |make |things?
What |do |you |need |to |remember |under |product |design? |- |CORRECT |ANSWER-1) |You |need |to |identify |
and |develop |products |that |meet |customers' |unmet |needs
What |is |design |for |manufacturability? |- |CORRECT |ANSWER-1) |Designing |products |so |that |they |can |be |
easily |and |inexpensively |made.
2) |DFM |often |involves |concurrent |or |simultaneous |design |(designing |the |product |and |process |at |the |
same |time)
What |does |process |design |focus |on? |- |CORRECT |ANSWER-1) |Focuses |on |the |technology |and |work |
design |you |use |to |make |things
What |do |you |chose |technology |based |on? |- |CORRECT |ANSWER-1) |Production |volumes |
2) |Financial |resources |
3) |Labor |costs |
4) |The |inter-changeability |of |capital |and |labor
5) |The |technology |used |by |competitors
What |will |your |choice |of |technology |affect? |- |CORRECT |ANSWER-1) |Work |design, |especial |how |you |
group |different |tasks |to |promote |efficiency |and |quality
What |does |facility |layout |focus |on? |- |CORRECT |ANSWER-1) |Focuses |on |how |you |will |use |your |plant |
and |equipment |to |make |things |efficiently
Under |facility |location, |where |do |you |want |to |locate |your |operations? |- |CORRECT |ANSWER-1) |Locate |
your |operations |in |a |place |that |will |give |you |access |to |either |factory |inputs |or |consumer |markets
What |factors |should |you |base |your |facility |location |on? |- |CORRECT |ANSWER-1) |The |cost |of |land, |
construction, |and |energy
2) |Tax |rates
| | | | | |
questions with precise detailed answers
| | | |
What |did |Whickham |Skinner |say |about |operations? |- |CORRECT |ANSWER-1) |"Operations |is |either |a |
competitive |weapon |or |a |corporate |milestone. |It |is |seldom |neutral."
What |is |operations |and |supply |chain |management |(OSCM)? |- |CORRECT |ANSWER-1) |The |business |
function |responsible |for |acquiring |materials, |transforming |those |materials |into |higher-valued |outputs, |
and |delivering |the |finished |product |to |customers; |that |is, |for |creating |customer |value
What |are |the |three |parts |to |the |transformation |process? |- |CORRECT |ANSWER-1) |Purchasing |acquires |
inputs |
2) |Operations |manages |the |transformation |process
3) |Logistics |moves |materials |into |and |out |of |the |company
What |are |transformation |processes? |- |CORRECT |ANSWER-1) |Processes |that |take |a |set |of |purchased |
inputs |and |turns |them |into |something |that |possesses |greater |
Ex. |Cooking, |DIY |projects
What |is |productivity? |- |CORRECT |ANSWER-1) |A |measure |of |the |efficiency |of |a |person, |machine, |
factory, |or |system |in |converting |inputs |into |useful |outputs |as |measured |by |output |per |unit |of |input
What |power |was |substituted |in |the |Industrial |Revolution? |- |CORRECT |ANSWER-1) |Machine |power |
substituted |for |human |power
What |is |Six |Sigma? |- |CORRECT |ANSWER-1) |A |quality |philosophy |that |relies |on |the |DMAIC |
methodology |and |to |statistical |analysis |to |identify |and |remove |the |cause |of |defects, |reducing |defects |
to |3.4 |per |million |of |parts |produced
Operations |management |creates |__(1)__ |- |CORRECT |ANSWER-1) |Value
,Who |invented |lean |six |sigma? |- |CORRECT |ANSWER-1) |Toyota |(Japanese)
What |is |the |Internet |of |Things |(IoT)? |- |CORRECT |ANSWER-1) |The |process |of |connecting |different |
devices |to |the |internet, |creating |smart |devices
What |is |big |data? |- |CORRECT |ANSWER-1) |Defined |by |the |3 |V's: |Volume, |variety, |and |velocity.
2) |As |more |data |is |collected |at |an |increasing |rate, |new |analysis |approaches |are |needed |to |make |good
|decisions
What |is |the |SCOR |model? |- |CORRECT |ANSWER-1) |A |tool |that |benchmarks |the |best |practices |across |a |
company's |core |value |and |added |activities, |including |sourcing, |operations, |logistics, |and |product |
return
What |are |open |systems? |- |CORRECT |ANSWER-1) |The |view |that |the |companies |are |"open" |to |and |
affected |by |changes |in |their |environments |
2) |Managers |need |to |recognize |emerging |opportunities |and |threats |and |be |able |to |effectively |
respond
What |are |the |four |production-process |types? |- |CORRECT |ANSWER-1) |Hand |crafted
2) |Assembly |line |
3) |Fixed |location |
4) |Customer |engagement
What |do |design |decisions |do? |What |are |they? |- |CORRECT |ANSWER-1) |They |determine |where |and |
how |you |deploy |your |assets, |especially |plant |and |equipment, |to |create |value |over |the |long |haul
2) |They |are |resource-intensive, |hard |to |change |in |the |short |term, |and |have |long |term |impact |on |your
|firms |competitiveness
What |are |the |parts |to |design |decisions? |- |CORRECT |ANSWER-1) |Product |design: |What |should |you |
make?
2) |Process |design: |How |should |you |make |things? |
, 3) |Facility |layout: |How |should |you |make |things? |
4) |Facility |location: |Where |should |you |make |things?
What |do |you |need |to |remember |under |product |design? |- |CORRECT |ANSWER-1) |You |need |to |identify |
and |develop |products |that |meet |customers' |unmet |needs
What |is |design |for |manufacturability? |- |CORRECT |ANSWER-1) |Designing |products |so |that |they |can |be |
easily |and |inexpensively |made.
2) |DFM |often |involves |concurrent |or |simultaneous |design |(designing |the |product |and |process |at |the |
same |time)
What |does |process |design |focus |on? |- |CORRECT |ANSWER-1) |Focuses |on |the |technology |and |work |
design |you |use |to |make |things
What |do |you |chose |technology |based |on? |- |CORRECT |ANSWER-1) |Production |volumes |
2) |Financial |resources |
3) |Labor |costs |
4) |The |inter-changeability |of |capital |and |labor
5) |The |technology |used |by |competitors
What |will |your |choice |of |technology |affect? |- |CORRECT |ANSWER-1) |Work |design, |especial |how |you |
group |different |tasks |to |promote |efficiency |and |quality
What |does |facility |layout |focus |on? |- |CORRECT |ANSWER-1) |Focuses |on |how |you |will |use |your |plant |
and |equipment |to |make |things |efficiently
Under |facility |location, |where |do |you |want |to |locate |your |operations? |- |CORRECT |ANSWER-1) |Locate |
your |operations |in |a |place |that |will |give |you |access |to |either |factory |inputs |or |consumer |markets
What |factors |should |you |base |your |facility |location |on? |- |CORRECT |ANSWER-1) |The |cost |of |land, |
construction, |and |energy
2) |Tax |rates
