I-Core Operations Midterm Questions || Questions and 100% Accurate Answers. Operations Management ICORE Midterm || with Accurate Answers 100%. Kelley School of Business - I-Core Operations Midterm || with 100% Verified Solutions. Icore: Ops || with 100% Correct Answers. ICORE Operations Midterm || ...
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Current issues in OSCM do not include: A. Coordinating relationships between organizations B. Making senior management aware that OSCM can be a competitive weapon C. The triple bottom line D. Managing customer touch points E. Increasing global supply chain employment correct answers E Manage...
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Add to cartCurrent issues in OSCM do not include: A. Coordinating relationships between organizations B. Making senior management aware that OSCM can be a competitive weapon C. The triple bottom line D. Managing customer touch points E. Increasing global supply chain employment correct answers E Manage...
Transformation System correct answers A user of resources that transforms inputs into some desired outputs Types of Transformations (6 Total) correct answers Physical - Manufacturing Locational - Transportation Exchange - Retailing Storage - Warehousing Physiological - Health Care Informatio...
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Add to cartTransformation System correct answers A user of resources that transforms inputs into some desired outputs Types of Transformations (6 Total) correct answers Physical - Manufacturing Locational - Transportation Exchange - Retailing Storage - Warehousing Physiological - Health Care Informatio...
The "Big Question" correct answers How will I add value? Types of OM Decisions correct answers 1. Strategic 2. Tactical 3. Operational Strategic Decisions correct answers Long Term Acquire new resources Example: Electric utility - Power station construction Tactical Decisions correc...
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Add to cartThe "Big Question" correct answers How will I add value? Types of OM Decisions correct answers 1. Strategic 2. Tactical 3. Operational Strategic Decisions correct answers Long Term Acquire new resources Example: Electric utility - Power station construction Tactical Decisions correc...
Types of OM decisions correct answers Strategic, Tactical, Operational Strategic correct answers long term often involving acquisitions of new resources ex. electric utility power station tactical correct answers medium term utilization of existing resources ex. assembly plant - workforce ...
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Add to cartTypes of OM decisions correct answers Strategic, Tactical, Operational Strategic correct answers long term often involving acquisitions of new resources ex. electric utility power station tactical correct answers medium term utilization of existing resources ex. assembly plant - workforce ...
Converting quarterly and annual business plans into broad output and labor requirements for the intermediate term is known as: correct answers aggregate planning Which of the following is NOT a method used in aggregate planning to cope with fluctuations in demand? correct answers construction of ...
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Add to cartConverting quarterly and annual business plans into broad output and labor requirements for the intermediate term is known as: correct answers aggregate planning Which of the following is NOT a method used in aggregate planning to cope with fluctuations in demand? correct answers construction of ...
aggregate supply planning correct answers a managerial statement of time-phased production rates, work-force levels, and inventory investment, which takes into account customer requirements and capacity limitations. It should help you attain in the best way possible the objective or objectives you...
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Add to cartaggregate supply planning correct answers a managerial statement of time-phased production rates, work-force levels, and inventory investment, which takes into account customer requirements and capacity limitations. It should help you attain in the best way possible the objective or objectives you...
Aggregate Production Plan (APP) correct answers managerial statement of time phased: - production rates - work force levels - inventory investment taking into account customer requirements and capacity limitations Nature of APP correct answers - Mid Range - medium term time horizon - Dr...
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Add to cartAggregate Production Plan (APP) correct answers managerial statement of time phased: - production rates - work force levels - inventory investment taking into account customer requirements and capacity limitations Nature of APP correct answers - Mid Range - medium term time horizon - Dr...
Current issues in OSCM do not include: -Coordinating relationships between organizations -Making senior management aware that OSCM can be a competitive weapon -The triple bottom line -Managing customer touch points -Increasing global supply chain employment correct answers Increasing global s...
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Add to cartCurrent issues in OSCM do not include: -Coordinating relationships between organizations -Making senior management aware that OSCM can be a competitive weapon -The triple bottom line -Managing customer touch points -Increasing global supply chain employment correct answers Increasing global s...
capacity utilization rate correct answers capacity used/best operating level capacity correct answers the ability to hold, receive, store, or accommodate Strategic Capacity Planning correct answers an approach for determining the overall capacity level of capital intensive resources, including...
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Add to cartcapacity utilization rate correct answers capacity used/best operating level capacity correct answers the ability to hold, receive, store, or accommodate Strategic Capacity Planning correct answers an approach for determining the overall capacity level of capital intensive resources, including...
what are the 3 kinds of operations management decisions? correct answers strategic, tactical, operational characteristics of a strategic OM decision correct answers -long term (5-20 yrs) -often involving acquisition of new resources ex) electric utility - power station of construction chara...
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Add to cartwhat are the 3 kinds of operations management decisions? correct answers strategic, tactical, operational characteristics of a strategic OM decision correct answers -long term (5-20 yrs) -often involving acquisition of new resources ex) electric utility - power station of construction chara...
What is operations management correct answers -*the design, operations, and improvement* of the systems (and resources) that create the firm's primary products and services -oversees all activities that are directly related to making a product or providing a service Types of Operations manageme...
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Add to cartWhat is operations management correct answers -*the design, operations, and improvement* of the systems (and resources) that create the firm's primary products and services -oversees all activities that are directly related to making a product or providing a service Types of Operations manageme...
What is standard deviation squared? correct answers variance What does six sigma mean? correct answers It stands for the amount of Standard deviation in the tail, which is very small but has a high quality How much percent is One STD off of the mean? correct answers 68% How much percent is ...
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Add to cartWhat is standard deviation squared? correct answers variance What does six sigma mean? correct answers It stands for the amount of Standard deviation in the tail, which is very small but has a high quality How much percent is One STD off of the mean? correct answers 68% How much percent is ...
effective (efficacy) correct answers having the right outcome or result efficient correct answers getting the outcome with the minimal amount of income productivity correct answers outcome/input operations management correct answers the design, operation, and improvement of the systems that...
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Add to carteffective (efficacy) correct answers having the right outcome or result efficient correct answers getting the outcome with the minimal amount of income productivity correct answers outcome/input operations management correct answers the design, operation, and improvement of the systems that...
The big question correct answers Why or How? -Our need for convenience Types of OM Decisions correct answers -Strategic: Long term, often involves acquisition of new resources (5-20 years) -Tactical: Medium term, best utilization of existing resources (1-5 years) -Operational (Day-to-Day) W...
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Add to cartThe big question correct answers Why or How? -Our need for convenience Types of OM Decisions correct answers -Strategic: Long term, often involves acquisition of new resources (5-20 years) -Tactical: Medium term, best utilization of existing resources (1-5 years) -Operational (Day-to-Day) W...
Pure Project correct answers a self-contained team works full time on the project Pure Project pros correct answers - single project manager - quick decisions -pride, motivation high Pure project cons correct answers -duplication of resources -organizational goals ignored since team is rem...
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Add to cartPure Project correct answers a self-contained team works full time on the project Pure Project pros correct answers - single project manager - quick decisions -pride, motivation high Pure project cons correct answers -duplication of resources -organizational goals ignored since team is rem...
Why Study Operations Management? correct answers -Improves Business education -systemaitc approach to processes -many career opportunities -cross functional of applications What is the big question of Ops? correct answers How? How are we going to complete project X? Types of Ops managemen...
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Add to cartWhy Study Operations Management? correct answers -Improves Business education -systemaitc approach to processes -many career opportunities -cross functional of applications What is the big question of Ops? correct answers How? How are we going to complete project X? Types of Ops managemen...
3 types of Operations Management decisions? correct answers 1) Strategic • Long term • Often involving acquisition of new resources • Electric utility - power station construction 2) Tactical • Medium term • Utilization of existing resources • Assembly plant - workforce comm...
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Add to cart3 types of Operations Management decisions? correct answers 1) Strategic • Long term • Often involving acquisition of new resources • Electric utility - power station construction 2) Tactical • Medium term • Utilization of existing resources • Assembly plant - workforce comm...
2 important concepts for effective mgmt of human assets: correct answers 1. Setting a course/direction/vision for company (Leadership): ... Setting mission, goals & strategy 2. Execution of ^^ (MGMT) ... Organizing and motivating people to enact strategy ... creating systems and facilitating c...
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Add to cart2 important concepts for effective mgmt of human assets: correct answers 1. Setting a course/direction/vision for company (Leadership): ... Setting mission, goals & strategy 2. Execution of ^^ (MGMT) ... Organizing and motivating people to enact strategy ... creating systems and facilitating c...
What is OM responsible for? correct answers the conversion of inputs of materials, money, energy, people, and information into useful goods and services. What are the 5 p's correct answers people, plants, parts, processes, and planning and control. What are the three OM decision catagories co...
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Add to cartWhat is OM responsible for? correct answers the conversion of inputs of materials, money, energy, people, and information into useful goods and services. What are the 5 p's correct answers people, plants, parts, processes, and planning and control. What are the three OM decision catagories co...
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