SCO 3001 Exam 5 Questions With 100% Verified
Answers!!
Corporate Strategy
Defining the business that a company will pursue
Business Strategy
Defines how business will operate under the umbrella of a corporate strategy
Operations Strategy
A consistent pattern of decisions for operations and the associate supply chain that are linked to
the business strategy and other functional strategies, leading to a competitive advantage for the
firm
Product-Process Matrix
1. Project
2. Job Shop
3. Batch
4. Assembly Line
5. Continuous
Project
Unique, one of a kind product (Amusement Park)
Job Shop
Low volume, high variety (e.g., custom furniture).)
Assembly Line
High volume, low variety (e.g., car manufacturing).
Batch
Moderate volume and variety (e.g., bakery).
, Continuous
High volume, high standardization commodity (Oil)
Make to Stock
Producing in advance based on demand forecasts.
Make to Order
Custom production after customer order.
Assemble to Order
Partially built products customized at the end.
Quality Cost
1. Prevention Cost
Non-conformance Cost
1. Appraisal Cost
2. Internal Failure Cost
3. External Failure
Prevention Cost
Cost incurred in the process of preventing poor quality
Ex. Planning, training, upfront design, new product development
Appraisal Cost
Cost incurred in the process of uncovering defects
Ex. Inspection of incoming goods, test, audits, final goods inspection
Internal Failure Cost
Answers!!
Corporate Strategy
Defining the business that a company will pursue
Business Strategy
Defines how business will operate under the umbrella of a corporate strategy
Operations Strategy
A consistent pattern of decisions for operations and the associate supply chain that are linked to
the business strategy and other functional strategies, leading to a competitive advantage for the
firm
Product-Process Matrix
1. Project
2. Job Shop
3. Batch
4. Assembly Line
5. Continuous
Project
Unique, one of a kind product (Amusement Park)
Job Shop
Low volume, high variety (e.g., custom furniture).)
Assembly Line
High volume, low variety (e.g., car manufacturing).
Batch
Moderate volume and variety (e.g., bakery).
, Continuous
High volume, high standardization commodity (Oil)
Make to Stock
Producing in advance based on demand forecasts.
Make to Order
Custom production after customer order.
Assemble to Order
Partially built products customized at the end.
Quality Cost
1. Prevention Cost
Non-conformance Cost
1. Appraisal Cost
2. Internal Failure Cost
3. External Failure
Prevention Cost
Cost incurred in the process of preventing poor quality
Ex. Planning, training, upfront design, new product development
Appraisal Cost
Cost incurred in the process of uncovering defects
Ex. Inspection of incoming goods, test, audits, final goods inspection
Internal Failure Cost
