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OPS 360 MIDTERM (WWU) questions with verified solutions already passed

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OPS 360 MIDTERM (WWU) questions with verified solutions already passed

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OPS 360 MIDTERM (WWU) questions
with verified solutions already passed

Operations management - correct answer ✔✔the management of systems or processes that
create goods or provide service



supply chain - correct answer ✔✔a sequence of organizations- their facilities, functions and
activities that are involved in producing or delivering a product



Producing Goods Vs. Providing Services - correct answer ✔✔Goods- result in a tangible product

services- implies an act



Points of comparison between goods and service - correct answer ✔✔degree of customer
contact, labor content of jobs, uniformity of inputs, measurement of productivity, quality
assurance, inventory, wages, patent



Points of similarity between goods and services - correct answer ✔✔matching supply and
demand, process management, managing variations, monitoring and controlling costs and
productivity



process variation - correct answer ✔✔variety of goods or services, structural variation in
demand, random variation, assignable variation



The scope of operations management - correct answer ✔✔forecasting, capacity planning,
locating facilities, facilities and layout, scheduling, managing inventories, assuring quality,
motivating and training employees



mission - correct answer ✔✔the reason for the existence of an organization

, organizational goals - correct answer ✔✔provide details and scope of mission



strategies - correct answer ✔✔plans for achieving organizational goals



organizational strategies - correct answer ✔✔provide focus for decision making



functional strategies - correct answer ✔✔relate to each of the functional areas of the
organization



quality-based strategy - correct answer ✔✔focuses on maintaining or improving the quality of
an organizations product or service



Time-based strategy - correct answer ✔✔focus on reducing time required to accomplish various
activities



productivity - correct answer ✔✔output/input



a measure of the effective use of resources



factors that affect productivity - correct answer ✔✔capital, quality, technology, and
management



process yield - correct answer ✔✔ratio of output of good product to the quantity of raw
material input



queing theory - correct answer ✔✔a mathematical approach to waiting lines

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