- Study guides, Class notes & Summaries

OMIS 338 Chapter 3 Exam Questions with Correct Answers Latest Update 2025/2026 Which of the following provides above-average performance and is essential to the survival of a business in the long run? a. Cost cutting b. A traditional approach to manufacturing c. A sustainable competitive advantage d. Cheap labor - Answers c. A sustainable competitive advantage Creating a competitive advantage requires management to a. provide all customers with the same goods and services. b. underst...

-

10 pages

Written in 2025/2026

Grade A+

TutorJosh

OMIS 338 - Chapter 13 Exam Questions with Correct Answers Latest Update 2025/2026 In the context of the Supply Chain Operations Reference (SCOR) model, which of the following statements about planning is true? - Answers It involves developing a strategy that balances resources with requirements. Which of the following statements about the Supply Chain Operations Reference (SCOR) model is true? - Answers It requires a clear understanding of the interactions among all parts of the supply chain...

-

2 pages

Written in 2025/2026

Grade A+

TutorJosh

OMIS 338 Final Exam Questions with Correct Answers Latest Update 2025/2026 4 Stages of the Product Life Cycle - Answers Introduction Stage -> Growth Stage -> Maturity Stage -> Decline Stage Why are new products development and introduction important in competitive markets? - Answers Great new products are the key to success and revenue, Customers buy satisfaction, not just a physical good or particular service What is an example of the Differentiation Strategy for competitive options...

-

3 pages

Written in 2025/2026

Grade A+

TutorJosh

OMIS 338 - Chapter 3 Exam Questions With Complete Answers 100% Pass ...

-

7 pages

Written in 2025/2026

Grade A+

Zayla

Logistics play a key role both externally, by _____________________________ and internally, by _______________________ - ANSWER satisfying customers' needs and expectations; leading to efficiency supply chain performance Each of the following is one of the five basic functions of the SCOR model except - ANSWER operate

-

2 pages

Written in 2024/2025

Grade A+

shantelleG

All of the following are typical objectives of resource management EXCEPT ____________________ - ANSWER increase product demand All of the following are true about aggregate planning EXCEPT that aggregate - ANSWER plans define output levels over a planning horizon of one to two week

-

2 pages

Written in 2024/2025

Grade A+

shantelleG

A firm is evaluating the alternative of manufacturing a part that is currently being outsourced to a supplier. The annual fixed costs and the variable cost per part for in-house manufacturing are $90,000 and $140, respectively, while the unit price at the supplier is $200. Once the demand is 3,500 units, report the best choice and its savings against the alternative. A. In-house manufacturing, $120,000 in savings B. Keep outsourcing, $120,000 in savings C. Keep outsourcing, $60,000 in savin...

-

4 pages

Written in 2024/2025

Grade A+

shantelleG

Analytical queueing models assume a Poisson probability distribution for _____________ and an exponential distribution for ______________. - ANSWER arrivals; service times The two ways of computing resource utilization are __________________ and ___________________. - ANSWER resources used divided by resources available; demand rate divided by service rate times number of servers All of the following are true abo

-

2 pages

Written in 2024/2025

Grade A+

shantelleG

Some of the radical changes brought on by technology include (quiz 1) - ANSWER the creation of an unprecedented set of security and espionage threats Tech impact is reaching even beyond the confines of Earth itself. According to an example in your chapter, how was a tool on the International Space Station recently acquired? (quiz 1) - ANSWER it was printed on demand using 3D printing technology One contributor to the ease with which young entrepreneurs can have success is low-cost distrib...

-

23 pages

Written in 2024/2025

Grade A+

shantelleG

Which of the following statements about capacity is true? a. When demand exceeds capacity, it results in idle processes or facilities. b. Capacity must be at least as large as the average demand to satisfy customers in the long run. c. Long-term capacity decisions typically involve adjusting schedules and staffing levels. d. Short-term capacity decisions usually involve major capital investments. - ANSWER b. Capacity must be at least as large as the average demand to satisfy customers in the...

-

3 pages

Written in 2024/2025

Grade A+

shantelleG

A firm is evaluating the alternative of manufacturing a part that is currently being outsourced to a supplier. The annual fixed costs and the variable cost per part for in-house manufacturing are $90,000 and $140, respectively, while the unit price at the supplier is $200. Once the demand is 3,500 units, report the best choice and its savings against the alternative. A. In-house manufacturing, $120,000 in savings B. Keep outsourcing, $120,000 in savings C. Keep outsourcing, $60,000 in savin...

-

4 pages

Written in 2024/2025

Grade A+

shantelleG

Which of the following provides above-average performance and is essential to the survival of a business in the long run? a. Cost cutting b. A traditional approach to manufacturing c. A sustainable competitive advantage d. Cheap labor - ANSWER c. A sustainable competitive advantage Creating a competitive advantage requires management to a. provide all customers with the same goods and services. b. understand customer needs and expectations. c. increase the price of the most popular...

-

7 pages

Written in 2024/2025

Grade A+

shantelleG

A key difference between a process layout and a product layout is that process layouts ______________________________ - provide more flexibility _______________________ layouts facilitate the processing of families of parts with similar processing requirements. The procedure of classifying parts into such families is called ___________________________ - cellular; group

-

2 pages

Written in 2024/2025

Grade A+

shantelleG

introduction stage - ANSWER product design and development are critical frequent product and process design changes quick elimination of market revealed design defects utmost attention to quality operations capacity, process, supplier capable skilled labor training information systems capability in place differentiation, low cost, rapid response - ANSWER what 3 things make a product/service competitive

-

6 pages

Written in 2024/2025

Grade A+

shantelleG

_______________________ refers to the assignment of start and completion times to particular jobs, people, or equipment. _______________________ refers to determining the order in which jobs or tasks are processed. - ANSWER scheduling; sequencing All of the following are true about sequencing and scheduling EXCEPT - ANSWER generally, a sequence specifies a schedule

-

2 pages

Written in 2024/2025

Grade A+

shantelleG

_________________________ is NOT one of the eleven supply chain design decisions listed in the text. - ANSWER fund raising Zara's supply chain design

-

1 pages

Written in 2024/2025

Grade A+

shantelleG

According to research, a key dimension that customers use to assess service quality is a. sustainability. b. reliability. c. flexibility. d. productivity. - ANSWER b. reliability. Assurance, one of the key dimensions used by customers to assess service quality, is defined as the a. willingness of service providers to help customers and provide prompt recovery to service upsets. b. knowledge and courtesy of service providers and their ability to inspire trust and confidence in customers....

-

4 pages

Written in 2024/2025

Grade A+

shantelleG

The process capability index is the relationship between ________________ and _______________. - ANSWER natural variations; specifications The quality control rule 1:10:100 refers to the ________________________________

-

2 pages

Written in 2024/2025

Grade A+

shantelleG

Any asset held for future use or sale are known as - ANSWER inventories Which of the following are one of the inputs to manufacturing and service-delivery processes? - ANSWER Subassemblies

-

2 pages

Written in 2024/2025

Grade A+

shantelleG

4 Stages of the Product Life Cycle - ANSWER Introduction Stage -> Growth Stage -> Maturity Stage -> Decline Stage Why are new products development and introduction important in competitive markets? - ANSWER Great new products are the key to success and revenue, Customers buy satisfaction, not just a physical good or particular

-

3 pages

Written in 2024/2025

Grade A+

shantelleG