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Test Bank For Operations and Supply Chain Management,{ 17th Edition} by F. Robert Jacobs | All Chapters Included | Updated

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Test Bank For Operations and Supply Chain Management,{ 17th Edition} by F. Robert Jacobs | All Chapters Included | Updated

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Test Bank

For Operations And Supply Chain Management,

17th Edition By F. Robert Jacobs

,Test Bank For
Operations And Supply Chain Management 17th Edition By F. Robert Jacobs


Chapter 01 Test Bank Static
1. Efficiency Means Doing The Right Things To Create The Most Value For The Company.

False

Efficiency Means Doing Something At The Lowest Possible Cost.

2. Effectiveness Means Doing The Right Things To Create The Most Value For The Company.

True

Effectiveness Means Doing The Right Things To Create The Most Value For The Company.

Aacsb: Analytical Thinking
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Evaluate The Efficiency Of A
Firm.Topic: Efficiency, Effectiveness, And
Value

3. A Doctor Completes A Surgical Procedure On A Patient Without Error. The Patient Dies Anyway. In Operations Management
Terms, WeCould Refer To This Doctor As Being Efficient But Not Effective.

True

Efficiency Means Doing Something At The Lowest Possible Cost. Effectiveness Means Doing The Right Things To Create The Most
Value. TheDoctor Performed The Surgery Without Error. Because The Patient Died, No Value Was Created.

Aacsb: Analytical Thinking
Blooms: Analyze
Difficulty: 2 Medium
Learning Objective: 01-04 Evaluate The Efficiency Of A
Firm.Topic: Efficiency, Effectiveness, And
Value

4. A Worker Can Be Efficient Without Being Effective.

True

Efficiency Means Doing Something At The Lowest Possible Cost. Effectiveness Means Doing The Right Things To Create The Most
Value.These Are Different Things.

Aacsb: Analytical Thinking
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-04 Evaluate The Efficiency Of A
Firm. Topic: Efficiency, Effectiveness, And
Value

,5. A Process Can Be Effective Without Being Efficient.

True

Often, Maximizing Effectiveness And Efficiency At The Same Time Creates Conflict Between The Two Goals. "Being Efficient" At
The Customer Service Counter At A Local Store Or Bank Means Using The Fewest Number Of Clerks Possible At The Counter.
Being Effective,Though, Means Minimizing The Amount Of Time Customers Need To Wait In Line.

Aacsb: Analytical Thinking
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-04 Evaluate The Efficiency Of A
Firm. Topic: Efficiency, Effectiveness, And
Value

6. Operations And Supply Chain Management Is Defined As The Design, Operation, And Improvement Of The Systems That
Create AndDeliver The Firm's Primary Products And Services.

True

Operations And Supply Chain Management Is Defined As The Design, Operation, And Improvement Of The Systems That Create
And DeliverThe Firm's Primary Products And Services.

Aacsb: Analytical Thinking
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-01 Identify The Elements Of Operations And Supply Chain Management. (Oscm)
Topic: What Is Operations And Supply Chain Management?

7. The Term "Value" Refers To The Relationship Between Quality And The Price Paid By The Consumer.

True

Related To Efficiency And Effectiveness Is The Concept Of Value, Which Can Be Metaphorically Defined As Quality Divided By
Price.

Aacsb: Analytical Thinking
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Evaluate The Efficiency Of A
Firm.Topic: Efficiency, Effectiveness, And
Value

8. Attempting To Balance The Desire To Efficiently Use Resources While Providing A Highly Effective Service May Create
Conflict BetweenThe Two Goals.

True

Often Maximizing Effectiveness And Efficiency At The Same Time Creates Conflict Between The Two Goals.

Aacsb: Analytical Thinking
Blooms: Analyze
Difficulty: 1 Easy
Learning Objective: 01-04 Evaluate The Efficiency Of A
Firm.Topic: Efficiency, Effectiveness, And
Value

, 9. Central To The Concept Of Operations Strategy Are The Notions Of Operations Focus And Trade-Offs.

True

Central To This Thinking Was The Notion Of Factory Focus And Manufacturing Trade-Offs. Because A Factory Cannot Excel On
All Performance Measures, Its Management Must Devise A Focused Strategy, To Perform A Limited Set Of Tasks Extremely Well.
This RequiresTrade-Offs.

Aacsb: Analytical Thinking
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-03 Recognize The Major Concepts That Define The Operations And Supply Chain Management Field.
Topic: Historical Development Of Operations And Supply Chain Management

10. Oscm Is Concerned With Management Of The Trickiest Parts Of The System That Produces A Good Or Delivers A Service.

False

Oscm Is Concerned With The Management Of The Entire System That Produces A Good Or Delivers A Service.

Aacsb: Analytical Thinking
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-01 Identify The Elements Of Operations And Supply Chain Management (Oscm).
Topic: What Is Operations And Supply Chain Management?

11. Oscm Is A Functional Field Of Business With Clear Line Management Responsibilities.

True

Oscm Is A Functional Field Of Business With Clear Line Management Responsibilities.

Aacsb: Analytical Thinking
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-02 Know The Potential Career Opportunities In Operations And Supply Chain Management.
Topic: What Is Operations And Supply Chain Management?

12. The Supply Network Can Be Thought Of As A Pipeline Through Which Cash, Material, And Information Flow.

False

Think Of The Supply Network As A Pipeline Through Which Material And Information Flow.

Aacsb: Analytical Thinking
Blooms: Understand
Difficulty: 1 Easy
Learning Objective: 01-01 Identify The Elements Of Operations And Supply Chain Management (Oscm).
Topic: What Is Operations And Supply Chain Management?

13. Supply Networks Cannot Be Constructed For Every Product Or Service.

False

Networks Such As This Can Be Constructed For Any Product Or Service.

Aacsb: Analytical Thinking
Blooms: Understand
Difficulty: 1 Easy
Learning Objective: 01-01 Identify The Elements Of Operations And Supply Chain Management (Oscm).
Topic: What Is Operations And Supply Chain Management?

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Publisher: 2017 ISBN: 9781260527469 Edition: Unknown

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