Test Bank - Operations and Supply Chain Management, 17th Edition ( Robert Jacobs, 2024) Chapters 1 - 22 | All Chapters

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Operations and Supply Chain Management 17th Edition By F. Robert Jacobs
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Chapter 1-22 $r




Chapter 01 Test Bank Static $r $r $r $r




1. Efficiency means doing the right things to create the most value for the company.
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FALSE

Efficiency means doing something at the lowest possible cost.
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2. Effectiveness means doing the right things to create the most value for the company.
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TRUE

Effectiveness means doing the right things to create the most value for the company.
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3. A doctor completes a surgical procedure on a patient without error. The patient dies anyway. In operations management terms,
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we could refer to this doctor as being efficient but not effective.
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TRUE

Efficiency means doing something at the lowest possible cost. Effectiveness means doing the right things to create the most value. The
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doctor performed the surgery without error. Because the patient died, no value was created.
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Blooms:$rAnalyz
e$ r Difficulty:$r2$rMe
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4. A worker can be efficient without being effective.
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TRUE

Efficiency means doing something at the lowest possible cost. Effectiveness means doing the right things to create the most value.
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These are different things.
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