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Test Bank For Operations and Supply Chain Management, 17th Edition by F. Robert Jacobs All Chapters 1 - 22 LATEST with Questions and Correct Answers

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Test Bank For Operations and Supply Chain Management, 17th Edition by F. Robert Jacobs All Chapters 1 - 22 LATEST with Questions and Correct Answers Operations and supply chain management (OSCM) - Correct AnswerThe design, operation, and improvement of the systems that create and deliver the firm's primary products and services. Process - Correct AnswerMade up of one or more activities that transform inputs into outputs What are the operations and supply chain processes? - Correct AnswerPlanning Sourcing Making Delivering Returning Planning - Correct AnswerHow anticipated demand will be met with available resources Processes needed to operate an existing supply chain Sourcing - Correct AnswerThe selection of suppliers that will deliver the goods and services needed to create the firm's product Making - Correct AnswerWhere the major product is produced or the service provided. Delivering - Correct AnswerLogistic processes such as selecting carriers, coordinating movement of goods and information, and collecting payment from customers. Returning - Correct AnswerProcess for receiving worn-out, defective, and excess products back from customers and support for customers who have problems with delivered products. Success depends upon: - Correct AnswerStrategy Processes to deliver products and services Analytics to support the decisions needed to manage the firm Operations - Correct AnswerManufacturing and services processes used to transform resources into products Supply Chain - Correct AnswerProcesses that move information and material to and from the firm Involves: Logistics, Warehousing, and Information Goods - Correct AnswerTangible Less interaction with customers Often homogeneous Not perishable- can be inventoried

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Test Bank For Operations and Supply Chain Management,
17th Edition by F. Robert Jacobs All Chapters 1 - 22 LATEST
with Questions and Correct Answers
Operations and supply chain management (OSCM) - Correct Answer>>The design,
operation, and improvement of the systems that create and deliver the firm's
primary products and services.


Process - Correct Answer>>Made up of one or more activities that transform
inputs into outputs


What are the operations and supply chain processes? - Correct Answer>>Planning
Sourcing
Making
Delivering
Returning


Planning - Correct Answer>>How anticipated demand will be met with available
resources


Processes needed to operate an existing supply chain


Sourcing - Correct Answer>>The selection of suppliers that will deliver the goods
and services needed to create the firm's product


Making - Correct Answer>>Where the major product is produced or the service
provided.

, Delivering - Correct Answer>>Logistic processes such as selecting carriers,
coordinating movement of goods and information, and collecting payment from
customers.


Returning - Correct Answer>>Process for receiving worn-out, defective, and
excess products back from customers and support for customers who have
problems with delivered products.


Success depends upon: - Correct Answer>>Strategy
Processes to deliver products and services
Analytics to support the decisions needed to manage the firm


Operations - Correct Answer>>Manufacturing and services processes used to
transform resources into products


Supply Chain - Correct Answer>>Processes that move information and material to
and from the firm


Involves: Logistics, Warehousing, and Information


Goods - Correct Answer>>Tangible
Less interaction with customers
Often homogeneous
Not perishable- can be inventoried


Services - Correct Answer>>Intangible

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