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Exam (elaborations)

BYU GSCM 201 Midterm Exam Questions With Correct Answers

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BYU GSCM 201 Midterm Exam Questions With Correct Answers

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BYU GSCM 201 Midterm Exam Questions
With Correct Answers


SCOR MODEL (acronym) - CORRECT ANSWER✔✔-supply chain
| | | | | | |



operations reference
|




SCOR Model Definition: - CORRECT ANSWER✔✔-A supply chain
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framework that seeks to standardize and illustrate business processes,
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performance metrics, practices and people skills into a unified structure.
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SCOR MODEL components: (6) - CORRECT ANSWER✔✔--order
| | | | | |




-source
-transform
-fulfill
-return
-orchestrate
OSTFRO


What 2 components make up World-Class operations management? -
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CORRECT ANSWER✔✔-Design Decisions
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Control Decisions
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, What 4 components make up design decisions? - CORRECT
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ANSWER✔✔-product design - WHAT should we make? | | | | | |




process design - HOW should we make things?
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facility layout - HOW should me make things (layout)?
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facility location - WHERE should you make things?
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what 4 components make up control decisions? - CORRECT
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ANSWER✔✔-forecasting - will you have the RIGHT materials when you | | | | | | | | | |



need them?
|




inventory - will you have ENOUGH materials when you need them?
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scheduling - HOW will you use your resources?
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quality control - will your product meet customer EXPECTATIONS?
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what are service operations? what makes them different from
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manufacturing operations? - CORRECT ANSWER✔✔-Operations that
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provide a service instead of a product. They have a significant more
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amount of customer contact/service delivery, and they are intangible
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experiences


What is tangibility of offering? - CORRECT ANSWER✔✔-The physical
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aspect of a product that customers can see, touch, or experience before
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buying. Tangibility is often important in retail and goods industries, as it
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builds customer confidence in the product.
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