BCOR 3050 QUESTIONS AND ANSWERS
Operations Management is a simple conversion of ___________________________ -
Answer -Inputs to Outputs
Why was "Apple" not listed in the top 25 companies in Gartner's Top Supply Chains of
2021? - Answer -because Apple is in the Masters Category
What should leaders and CEO's always keep in mind as they are trying to fulfill their
goal of maximizing profits for their company? - Answer -Always choose the ethical path
to make money
Some Important decisions in Operations Management
How to increase productivity (efficiency) without sacrificing _________________? -
Answer -Quality
Of the following phrases, which is one of the most distinctive features of a service? -
Answer -Customer involvement in the production process
Which of the following companies was not on the Gartner's Top Supply Chains Master
Category in 2018? - Answer -Unilever
Which of the following terms does not describe one of the four broad categories of
competitive priorities (operations strategy) that a company can pursue? - Answer -
Marketing
Which competitive priority does the range and variety of products refer to? - Answer -
Flexibility
Co-production happens more in which scenario? - Answer -Services
When a retailer offers T-shirts in small, medium, large, and x-large, and in 25 colors, the
competitive strategy they are using is - Answer –Variety
The ability to produce a product in high volume at roughly the same cost as standard
products but customized to individual customer tastes is - Answer -Mass customization
Give an example of a company that involves using "Postponement" strategy? - Answer
-Dell
What is especially essential to keep in mind when increasing productivity?
(HINT: As discussed in class) - Answer -Making sure that quality is not sacrificed
Logistics includes which of the following processes? - Answer -Managing flow of goods
Operations Management is a simple conversion of ___________________________ -
Answer -Inputs to Outputs
Why was "Apple" not listed in the top 25 companies in Gartner's Top Supply Chains of
2021? - Answer -because Apple is in the Masters Category
What should leaders and CEO's always keep in mind as they are trying to fulfill their
goal of maximizing profits for their company? - Answer -Always choose the ethical path
to make money
Some Important decisions in Operations Management
How to increase productivity (efficiency) without sacrificing _________________? -
Answer -Quality
Of the following phrases, which is one of the most distinctive features of a service? -
Answer -Customer involvement in the production process
Which of the following companies was not on the Gartner's Top Supply Chains Master
Category in 2018? - Answer -Unilever
Which of the following terms does not describe one of the four broad categories of
competitive priorities (operations strategy) that a company can pursue? - Answer -
Marketing
Which competitive priority does the range and variety of products refer to? - Answer -
Flexibility
Co-production happens more in which scenario? - Answer -Services
When a retailer offers T-shirts in small, medium, large, and x-large, and in 25 colors, the
competitive strategy they are using is - Answer –Variety
The ability to produce a product in high volume at roughly the same cost as standard
products but customized to individual customer tastes is - Answer -Mass customization
Give an example of a company that involves using "Postponement" strategy? - Answer
-Dell
What is especially essential to keep in mind when increasing productivity?
(HINT: As discussed in class) - Answer -Making sure that quality is not sacrificed
Logistics includes which of the following processes? - Answer -Managing flow of goods
