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MQM 227 Exam Questions and Answers 100% Correct

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MQM 227 Exam Questions and Answers 100% Correct

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MQM 227 Exam Questions and Answers 100% Correct
Process, quality, capacity, and iventory —Answer: 4 decision areas in operations management

Cost, quality, delivery, flexibility —Answer: 4 operations strategic objectives

lean —Answer: reducing waste

inputs into desired finished goods or services —Answer: Operations management focuses on
transformation process that converts ______ into ________

The supply chain —Answer: the network of manufacturing and service operations that supply
each other from raw materials through manufacturing to the ultimate customer

Marketing engineering operations follow each other —Answer: Sequential approach

Concurrent engineering —Answer: when marketing engineering and operations
simultaneously, develop a product

must provide feedback info for control of process inputs and technology —Answer: A
productive process approach:

include staffing and scheduling —Answer: capacity

distinctive competence —Answer: something an organization does better than another

market pull —Answer: the market is the primary basis for determining the products

technology push —Answer: make whatever product they can that technology will allow

interfunctional view —Answer: combination of technology push and market pull techniques

missions, objectives, distinctive competence, and strategic decisions —Answer: 4 elements that
form the heart of operations

price —Answer: product imitator order winner:

flexibility —Answer: product innovator order winner:

flexibility, delivery, quality —Answer: product imitator order qualifiers:

delivery, price, and quality —Answer: product innovator order qualifiers:

economies of scale —Answer: efficiencies gained through high volume standardized products
with few options

quality function deployment —Answer: linking customer wants to technical specifications

interfunctional —Answer: concept that a product should not only fit the market needs but have
a tech advantage

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