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Test bank for operations and supply chain management 16th edition by f robert jacobs - Copy

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TABLE OF CONTENTS Chapter 1: Introduction Chapter 2: Strategy Chapter 3: Design of Products and Services Chapter 4: Projects Chapter 5: Strategic Capacity Management Chapter 6: Learning Curves Chapter 7: Manufacturing Processes Chapter 8: Facility Layout Chapter 9: Service Processes Chapter 10: Waiting Line Analysis and Simulation Chapter 11: Process Design and Analysis Chapter 12: Quality Management Chapter 13: Statistical Quality Control Chapter 14: Lean Supply Chains Chapter 15: Logistics and Distribution Management Chapter 16: Global Sourcing and Procurement Chapter 17: The Internet of Things and ERP Chapter 18: Forecasting Chapter 19: Sales and Operations Planning Chapter 20: Inventory Management Chapter 21: Material Requirements Planning Chapter 22: Workcenter Scheduling Chapter 01 Efficiency means doing the right thingsto create the most value for the company. FALSE Efficiency means doing something at the lowest possible cost. 1. Effectiveness means doing the right thingsto create the most value for the company. TRUE Effectiveness means doing the right thingsto 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

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TEST BANK gk




Operations and Supply Chain Management, 16th Edition
gk gk gk gk gk gk gk




gk by F. Robert Jacobs and Richard Chase
gk gk gk gk gk gk




Chapters 1 - 22 | Complete
gk gk gk gk gk

, TABLE OF CONTENTS
Chapter 1: Introduction

Chapter 2: Strategy

Chapter 3: Design of Products and Services

Chapter 4: Projects

Chapter 5: Strategic Capacity Management

Chapter 6: Learning Curves

Chapter 7: Manufacturing Processes Chapter

8: Facility Layout

Chapter 9: Service Processes

Chapter 10: Waiting Line Analysis and Simulation

Chapter 11: Process Design and Analysis

Chapter 12: Quality Management Chapter

13: Statistical Quality Control Chapter 14:

Lean Supply Chains

Chapter 15: Logistics and Distribution Management

Chapter 16: Global Sourcing and Procurement

Chapter 17: The Internet of Things and ERP Chapter

18: Forecasting

Chapter 19: Sales and Operations Planning

Chapter 20: Inventory Management

Chapter 21: Material Requirements Planning Chapter

22: Workcenter Scheduling

,Chapter 01
Efficiency means doing the right things to create the most value for the company.

FALSE

Efficiency means doing something at the lowest possible cost.

1. 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


2. A doctor completes a surgical procedure on a patient without error. The patient dies anyway. In operations management terms,
we could 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.
The doctor 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


3. Agkworkergkcangkbegkefficientgkwithoutgkbeinggkeffective.

TRUE

Efficiencygkmeansgkdoinggksomethinggkatgkthegklowestgkpossiblegkcost.gkEffectivenessgkmeansgkdoinggkthegkrightgkthingsgktogkcreategkthegkmostgkval
ue.g k Thesegkaregkdifferentgkthings.

AACSB:gkAnalyticalgkThinking
g k Blooms:g k Underst

andg k Difficulty:gk2gkM
edium
LearninggkObjective:gk01-
04gkEvaluategkthegkefficiencygkofgkagkfirm.g k T
opic:gkEfficiency,gkEffectiveness,gkandgkValue

, 4. Agkprocessgkcangkbegkeffectivegkwithoutgkbeinggkefficient.

TRUE

Often,gkmaximizinggkeffectivenessgkandgkefficiencygkatgkthegksamegktimegkcreatesgkconflictgkbetweengkthegktwogkgoals.gk"Beinggkefficient"gkatgk th
eg k customergkservicegkcountergkatgkagklocalgkstoregkorgkbankgkmeansgkusinggkthegk fewestgknumbergkofgkclerksgkpossiblegkatgkthegkcounter.gkBeinggk
effective,g k though,gkmeansgkminimizinggkthegkamountgkofgktimegkcustomersgkneedgktogkwaitgkingkline.

AACSB:gkAnalyticalgkThinking
g k Blooms:g k Underst

andg k Difficulty:gk2gkM
edium
LearninggkObjective:gk01-
04gkEvaluategkthegkefficiencygkofgkagkfirm.g k T
opic:gkEfficiency,gkEffectiveness,gkandgkValue


5. Operationsgkandgksupplygkchaingkmanagementgkisgkdefinedgkasgkthegkdesign,gkoperation,gkandgkimprovementgkofgkthegksystemsgkthatgkcr
eategkandg k delivergkthegkfirm'sgkprimarygkproductsgkandgkservices.

TRUE

Operationsgkandgksupplygkchaingkmanagementgkisgkdefinedgkasgkthegkdesign,gkoperation,gkandgkimprovementgkofgkthegksystemsgkthatgkcreategkan
dgkdeliverg k thegkfirm'sgkprimarygkproductsgkandgkservices.

AACSB:gkAnalyticalgkThinking
Blooms:gkRemembe
rg k Difficulty:gk1gkE
asy
LearninggkObjective:gk01-01gkIdentifygkthegkelementsgkofgkoperationsgkandgksupplygkchaingkmanagement.gk(OSCM)
Topic:gkWhatgkIsgkOperationsgkandgkSupplygkChaingkManagement?


6. Thegktermgk"value"gkrefersgktogkthegkrelationshipgkbetweengkqualitygkandgkthegkpricegkpaidgkbygkthegkconsumer.

TRUE

Relatedgktogkefficiencygkandgkeffectivenessgkisgkthegkconceptgkofgkvalue,gkwhichgkcangkbegkmetaphoricallygkdefinedgkasgkqualitygkdividedgkbygkprice.

AACSB:gkAnalyticalgkThinking
Blooms:gkRemembe
rg k Difficulty:gk1gkE
asy
LearninggkObjective:gk01-
04gkEvaluategkthegkefficiencygkofgkagkfirm.g k T
opic:gkEfficiency,gkEffectiveness,gkandgkValue


7. Attemptinggktogkbalancegkthegkdesiregktogkefficientlygkusegkresourcesgkwhilegkprovidinggkagkhighlygkeffectivegkservicegkmaygkcreategkconflictgk bet
weeng k thegktwogkgoals.

TRUE

Oftengkmaximizinggkeffectivenessgkandgkefficiencygkatgkthegksamegktimegkcreatesgkconflictgkbetweengkthegktwogkgoals.

AACSB:gkAnalyticalgkThinking
Blooms:gkAnalyz
eg k Difficulty:gk1gkE
asy
LearninggkObjective:gk01-
04gkEvaluategkthegkefficiencygkofgkagkfirm.g k T
opic:gkEfficiency,gkEffectiveness,gkandgkValue

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