• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Start selling Create your account
Document preview thumbnail
Preview 4 out of 812 pages
Exam (elaborations)

Test Bank For Operations and Supply Chain Management, 17th Edition by (F. Robert Jacobs, 2024), Chapters 1 - 22, Complete Verified Newest Version |ultimate guide A+

Document preview thumbnail
Preview 4 out of 812 pages

Test Bank For Operations and Supply Chain Management, 17th Edition by (F. Robert Jacobs, 2024), Chapters 1 - 22, Complete Verified Newest Version |ultimate guide A+Test Bank For Operations and Supply Chain Management, 17th Edition by (F. Robert Jacobs, 2024), Chapters 1 - 22, Complete Verified Newest Version |ultimate guide A+Test Bank For Operations and Supply Chain Management, 17th Edition by (F. Robert Jacobs, 2024), Chapters 1 - 22, Complete Verified Newest Version |ultimate guide A+Test Bank For Operations and Supply Chain Management, 17th Edition by (F. Robert Jacobs, 2024), Chapters 1 - 22, Complete Verified Newest Version |ultimate guide A+Test Bank For Operations and Supply Chain Management, 17th Edition by (F. Robert Jacobs, 2024), Chapters 1 - 22, Complete Verified Newest Version |ultimate guide A+Test Bank For Operations and Supply Chain Management, 17th Edition by (F. Robert Jacobs, 2024), Chapters 1 - 22, Complete Verified Newest Version |ultimate guide A+

Content preview

TEST BANK FOR ik. ik.




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




Chapter 1-22 ik.




Chapter 01 Test Bank Static ik. ik. ik. ik.




1. Efficiency means doing the right things to create the most value for the company.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




FALSE

Efficiency means doing something at the lowest possible cost.
ik. ik. ik. ik. ik. ik. ik. ik.




2. Effectiveness means doing the right things to create the most value for the company.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




TRUE

Effectiveness means doing the right things to create the most value for the company.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: Remember ik.


Difficulty: 1 i k . ik.


Easy ik.


Learning Objective: 01-04 Evaluate the efficiency of a
ik. ik. ik. ik. ik. ik. ik.


firm. Topic: Efficiency, Effectiveness,
ik. i k . ik. ik.


and Value ik. ik.




3. A doctor completes a surgical procedure on a patient without error. The patient dies anyway. In operations management
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


terms, we could refer to this doctor as being efficient but not effective.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




TRUE

Efficiency means doing something at the lowest possible cost. Effectiveness means doing the right things to create the most value.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


The doctor performed the surgery without error. Because the patient died, no value was created.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: Analyze ik.


Difficulty: 2 i k . ik.


Medium ik.


Learning Objective: 01-04 Evaluate the efficiency of a
ik. ik. ik. ik. ik. ik. ik.


firm. Topic: Efficiency, Effectiveness,
ik. i k . ik. ik.


and Value ik. ik.




4. A worker can be efficient without being effective.
ik. ik. ik. ik. ik. ik. ik.




TRUE

Efficiency means doing something at the lowest possible cost. Effectiveness means doing the right things to create the most
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


value. These are different things.
ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: i k .


Understand ik.


Difficulty: 2 i k . ik.


Medium ik.


Learning Objective: 01-04 Evaluate the efficiency of a
ik. ik. ik. ik. ik. ik. ik.


1-1

, firm.
ik. Topic: Efficiency, Effectiveness,
i k . ik. ik.


and Value
ik. ik.




1-2

,5. A process can be effective without being
ik. ik. ik. ik. ik. ik. ik.


efficient.
TRUE

Often, maximizing effectiveness and efficiency at the same time creates conflict between the two goals. "Being efficient" at the
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


customer service counter at a local store or bank means using the fewest number of clerks possible at the counter. Being
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


effective, though, means minimizing the amount of time customers need to wait in line.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: i k .


Understand ik.


Difficulty: 2 i k . ik.


Medium ik.


Learning Objective: 01-04 Evaluate the efficiency of a
ik. ik. ik. ik. ik. ik. ik.


firm. Topic: Efficiency, Effectiveness, ik. i k . ik. ik.


and Value ik. ik.




6. Operations and supply chain management is defined as the design, operation, and improvement of the systems that create
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


and deliver the firm's primary products and services.
ik. ik. ik. ik. ik. ik. ik. ik.




TRUE

Operations and supply chain management is defined as the design, operation, and improvement of the systems that create and
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


deliver the firm's primary products and services.
ik. ik. ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: Remember ik.


Difficulty: 1 i k . ik.


Easy ik.


Learning Objective: 01-01 Identify the elements of operations and supply chain management. (OSCM)
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


Topic: What Is Operations and Supply Chain Management? ik. ik. ik. ik. ik. ik. ik.




7. The term "value" refers to the relationship between quality and the price paid by the consumer.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




TRUE

Related to efficiency and effectiveness is the concept of value, which can be metaphorically defined as quality divided by price.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: Remember ik.


Difficulty: 1 i k . ik.


Easy ik.


Learning Objective: 01-04 Evaluate the efficiency of a
ik. ik. ik. ik. ik. ik. ik.


firm. Topic: Efficiency, Effectiveness, ik. i k . ik. ik.


and Value ik. ik.




8. Attempting to balance the desire to efficiently use resources while providing a highly effective service may create conflict
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


between the two goals.
ik. ik. ik. ik.




TRUE

Often maximizing effectiveness and efficiency at the same time creates conflict between the two goals.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: Analyze ik.


Difficulty: 1 i k . ik.


Easy ik.


Learning Objective: 01-04 Evaluate the efficiency of a
ik. ik. ik. ik. ik. ik. ik.


firm. Topic: Efficiency, Effectiveness, ik. i k . ik. ik.


and Value ik. ik.




1-3

, 9. Central to the concept of operations strategy are the notions of operations focus and trade-
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


offs.
TRUE

Central to this thinking was the notion of factory focus and manufacturing trade-offs. Because a factory cannot excel on all
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


performance measures, its management must devise a focused strategy, to perform a limited set of tasks extremely well. This
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


requires trade-offs.
ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: Remember ik.


Difficulty: 1 i k . ik.


Easy ik.


Learning Objective: 01-03 Recognize the major concepts that define the operations and supply chain management field.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


Topic: Historical Development of Operations and Supply Chain Management ik. ik. ik. ik. ik. ik. ik. ik.




10. OSCM is concerned with management of the trickiest parts of the system that produces a good or delivers a service.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




FALSE

OSCM is concerned with the management of the entire system that produces a good or delivers a service.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: Remember ik.


Difficulty: 1 i k . ik.


Easy ik.


Learning Objective: 01-01 Identify the elements of operations and supply chain management (OSCM).
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


Topic: What Is Operations and Supply Chain Management? ik. ik. ik. ik. ik. ik. ik.




11. OSCM is a functional field of business with clear line management responsibilities.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




TRUE

OSCM is a functional field of business with clear line management responsibilities.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: Remember ik.


Difficulty: 1 i k . ik.


Easy ik.


Learning Objective: 01-02 Know the potential career opportunities in operations and supply chain management.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


Topic: What Is Operations and Supply Chain Management? ik. ik. ik. ik. ik. ik. ik.




12. The supply network can be thought of as a pipeline through which cash, material, and information flow.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




FALSE

Think of the supply network as a pipeline through which material and information flow.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.


Blooms: i k .


Understand ik.


Difficulty: 1 i k . ik.


Easy ik.


Learning Objective: 01-01 Identify the elements of operations and supply chain management (OSCM).
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


Topic: What Is Operations and Supply Chain Management? ik. ik. ik. ik. ik. ik. ik.




13. Supply networks cannot be constructed for every product or service.
ik. ik. ik. ik. ik. ik. ik. ik. ik.




FALSE

Networks such as this can be constructed for any product or service.
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.




AACSB: Analytical Thinking ik. ik.




1-3
Copyright ©2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik. ik.


McGraw-Hill Education. ik. ik.

Connected book
 image
Publisher: 2017 ISBN: 9781260527469 Edition: Unknown

Document information

Uploaded on
October 4, 2024
Number of pages
812
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
£14.26

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
DREAMS
4.8
(165)
Sold
252
Followers
5
Items
1066
Last sold
2 weeks ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions