TEST BANK FOR Operations and Supply Chain Management 16th Edition by F. Robert Jacobs , Richard B. Chase ISBN:978-1260238907 ALL CHAPTERS COVERED YOUR ULTIMATE GUIDE 100% VERIFIED A+ GRADE ASSURED!!!!!!! NEW LATEST UPDATE!!!!!!!!

TEST BANK FOR
LGF LGF


Operations and Supply Chain Management 16th Edition By F. Robert Jacobs
LGF LGF LGF LGF LGF LGF LGF LGF LGF LGF


ChapterLGF1-22


Chapter 01 Test Bank Static
LGF LGF LGF LGF




1. EfficiencyLGFmeansLGFdoingLGFtheLGFrightLGFthingsLGFtoLGFcreateLGFtheLGFmostLGFvalueLGFforLGFtheLGFcompany.

FALSE

EfficiencyLGFmeansLGFdoingLGFsomethingLGFatLGFtheLGFlowestLGFpossibleLGFcost.

2. EffectivenessLGFmeansLGFdoingLGFtheLGFrightLGFthingsLGFtoLGFcreateLGFtheLGFmostLGFvalueLGFforLGFtheLGFcompany.

TRUE

EffectivenessLGFmeansLGFdoingLGFtheLGFrightLGFthingsLGFtoLGFcreateLGFtheLGFmostLGFvalueLGFforLGFtheLGFcompany.

AACSB:LGFAnalyticalLGFThinking
Blooms:LGFRememb
erL G F Difficulty:
LGF1LGFEasy
LearningLGFObjective:LGF01-
04LGFEvaluateLGFtheLGFefficiencyLGFofLGFaLG
Ffirm.L G F Topic:LGFEfficiency,LGFEffectiven
ess,LGFandLGFValue

3. ALGFdoctorLGFcompletesLGFaLGFsurgicalLGFprocedureLGFonLGFaLGFpatientLGFwithoutLGFerror.LGFTheLGFpatientLGFdiesLGFanyway.LGFInLGFoperati
onsLGFmanagementLGFterms,LGFweLGFcouldLGFreferLGFtoLGFthisLGFdoctorLGFasLGFbeingLGFefficientLGFbutLGFnotLGFeffective.

TRUE

EfficiencyLGFmeansLGFdoingLGFsomethingLGFatLGFtheLGFlowestLGFpossibleLGFcost.LGFEffectivenessLGFmeansLGFdoingLGFtheLGFrightLGFthingsLGFtoLGFcrea
teLGFtheLGFmostLGFvalue.LGFTheLGFdoctorLGFperformedLGFtheLGFsurgeryLGFwithoutLGFerror.LGFBecauseLGFtheLGFpatientLGFdied,LGFnoLGFvalueLGFwasLGFcr
eated.

AACSB:LGFAnalyticalLGFThinking
Blooms:LGFAnaly
zeL G F Difficulty:LGF
2LGFMedium
LearningLGFObjective:LGF01-
04LGFEvaluateLGFtheLGFefficiencyLGFofLGFaLG
Ffirm.L G F Topic:LGFEfficiency,LGFEffectiven
ess,LGFandLGFValue

4. ALGFworkerLGFcanLGFbeLGFefficientLGFwithoutLGFbeingLGFeffective.

TRUE

EfficiencyLGFmeansLGFdoingLGFsomethingLGFatLGFtheLGFlowestLGFpossibleLGFcost.LGFEffectivenessLGFmeansLGFdoingLGFtheLGFrightLGFthingsLGFtoL
GFcreateLGFtheLGFmostLGFvalue.LGFTheseLGFareLGFdifferentLGFthings.



AACSB:LGFAnalyticalLGFThin
kingL G F Blooms:LGF

1-1
CopyrightLGF©2021LGFMcGraw-
HillLGFEducation.LGFAllLGFrightsLGFreserved.LGFNoLGFreproductionLGForLGFdistributionLGFwithoutLGFtheLGFpriorLGFwrittenLGFconsentLGFofLGFMcGraw-
HillLGFEducation.

, UnderstandL G F Diff
iculty:LGF2LGFMedium
LearningLGFObjective:LGF01-
04LGFEvaluateLGFtheLGFefficiencyLGFofLGFaLG
Ffirm.L G F Topic:LGFEfficiency,LGFEffectiven
ess,LGFandLGFValue




1-2
CopyrightLGF©2021LGFMcGraw-
HillLGFEducation.LGFAllLGFrightsLGFreserved.LGFNoLGFreproductionLGForLGFdistributionLGFwithoutLGFtheLGFpriorLGFwrittenLGFconsentLGFofLGFMcGraw-
HillLGFEducation.

,5. ALGFprocessLGFcanLGFbeLGFeffectiveLGFwithoutLGFbeingLGFefficient.

TRUE

Often,LGFmaximizingLGFeffectivenessLGFandLGFefficiencyLGFatLGFtheLGFsameLGFtimeLGFcreatesLGFconflictLGFbetweenLGFtheLGFtwoLGFgoals.LGF"B
eingLGFefficient"LGFatLGFtheLGFcustomerLGFserviceLGFcounterLGFatLGFaLGFlocalLGFstoreLGForLGFbankLGFmeansLGFusingLGFtheLGFfewestLGFnumberLGFo
fLGFclerksLGFpossibleLGFatLGFtheLGFcounter.LGFBeingLGFeffective,LGFthough,LGFmeansLGFminimizingLGFtheLGFamountLGFofLGFtimeLGFcustomersLGF
needLGFtoLGFwaitLGFinLGFline.

AACSB:LGFAnalyticalLGFThin
kingL G F Blooms:LGF
UnderstandL G F Diff
iculty:LGF2LGFMedium
LearningLGFObjective:LGF01-
04LGFEvaluateLGFtheLGFefficiencyLGFofLGFaLG
Ffirm.L G F Topic:LGFEfficiency,LGFEffectiven
ess,LGFandLGFValue

6. OperationsLGFandLGFsupplyLGFchainLGFmanagementLGFisLGFdefinedLGFasLGFtheLGFdesign,LGFoperation,LGFandLGFimprovementLGFofLGFthe
LGFsystemsLGFthatLGFcreateLGFandLGFdeliverLGFtheLGFfirm'sLGFprimaryLGFproductsLGFandLGFservices.



TRUE

OperationsLGFandLGFsupplyLGFchainLGFmanagementLGFisLGFdefinedLGFasLGFtheLGFdesign,LGFoperation,LGFandLGFimprovementLGFofLGFtheLGFsyste
msLGFthatLGFcreateLGFandLGFdeliverLGFtheLGFfirm'sLGFprimaryLGFproductsLGFandLGFservices.

AACSB:LGFAnalyticalLGFThinking
Blooms:LGFRememb
erL G F Difficulty:
LGF1LGFEasy
LearningLGFObjective:LGF01-01LGFIdentifyLGFtheLGFelementsLGFofLGFoperationsLGFandLGFsupplyLGFchainLGFmanagement.LGF(OSCM)
Topic:LGFWhatLGFIsLGFOperationsLGFandLGFSupplyLGFChainLGFManagement?

7. TheLGFtermLGF"value"LGFrefersLGFtoLGFtheLGFrelationshipLGFbetweenLGFqualityLGFandLGFtheLGFpriceLGFpaidLGFbyLGFtheLGFconsumer.

TRUE

RelatedLGFtoLGFefficiencyLGFandLGFeffectivenessLGFisLGFtheLGFconceptLGFofLGFvalue,LGFwhichLGFcanLGFbeLGFmetaphoricallyLGFdefinedLGFasLGFqualityLGFdi
videdLGFbyLGFprice.

AACSB:LGFAnalyticalLGFThinking
Blooms:LGFRememb
erL G F Difficulty:
LGF1LGFEasy
LearningLGFObjective:LGF01-
04LGFEvaluateLGFtheLGFefficiencyLGFofLGFaLG
Ffirm.L G F Topic:LGFEfficiency,LGFEffectiven
ess,LGFandLGFValue

8. AttemptingLGFtoLGFbalanceLGFtheLGFdesireLGFtoLGFefficientlyLGFuseLGFresourcesLGFwhileLGFprovidingLGFaLGFhighlyLGFeffectiveLGFserviceLGFma
yLGFcreateLGFconflictLGFbetweenLGFtheLGFtwoLGFgoals.

TRUE

OftenLGFmaximizingLGFeffectivenessLGFandLGFefficiencyLGFatLGFtheLGFsameLGFtimeLGFcreatesLGFconflictLGFbetweenLGFtheLGFtwoLGFgoals.

AACSB:LGFAnalyticalLGFThinking
Blooms:LGFAnaly
zeL G F Difficulty:
LGF1LGFEasy
LearningLGFObjective:LGF01-
04LGFEvaluateLGFtheLGFefficiencyLGFofLGFaLG
1-3
CopyrightLGF©2021LGFMcGraw-
HillLGFEducation.LGFAllLGFrightsLGFreserved.LGFNoLGFreproductionLGForLGFdistributionLGFwithoutLGFtheLGFpriorLGFwrittenLGFconsentLGFofLGFMcGraw-
HillLGFEducation.

, Ffirm.L G F Topic:LGFEfficiency,LGFEffectiven
ess,LGFandLGFValue




1-4
CopyrightLGF©2021LGFMcGraw-
HillLGFEducation.LGFAllLGFrightsLGFreserved.LGFNoLGFreproductionLGForLGFdistributionLGFwithoutLGFtheLGFpriorLGFwrittenLGFconsentLGFofLGFMcGraw-
HillLGFEducation.