COB 300- OPERATIONS FINAL EXAM QUESTIONS AND ANSWERS
LATEST DOWNLOADED 2025/2026 A COMPLETE EXAM SOLUTION ALL
ANSWERS 100% ACCURATE BEST GRADED A+ FOR SUCCESS
Goods - CORRECT ANSWERS physical items produced by business organizations
Services - CORRECT ANSWERS activities that provide some combination of time,
location, form and psychological value
Operations Management - CORRECT ANSWERS the management of systems or
processes that create goods and or provide services
Supply Chain - CORRECT ANSWERS a sequence of activities and organizations involved
in producing and delivering a good or service
Value-Added - CORRECT ANSWERS the difference between the cost of inputs and the
value or price of outputs
Process - CORRECT ANSWERS one or more actions that transform inputs into outputs
Lead Time - CORRECT ANSWERS the time between ordering a good or service and
receiving it
Model - CORRECT ANSWERS an abstraction of reality; a simplified representation of
something
System - CORRECT ANSWERS a set of interrelated parts that must work together
Pareto Phenomenon - CORRECT ANSWERS a few factors account for a high percentage
of the occurrence of some events
,COB 300- OPERATIONS FINAL EXAM QUESTIONS AND ANSWERS
LATEST DOWNLOADED 2025/2026 A COMPLETE EXAM SOLUTION ALL
ANSWERS 100% ACCURATE BEST GRADED A+ FOR SUCCESS
Craft Production - CORRECT ANSWERS system in which highly skilled workers use
simple, flexible tools to produce small quantities of customized goods
Mass Production - CORRECT ANSWERS system in which low-skilled workers use
specialized machinery to produce high volumes of standardized goods
Interchangeable Parts - CORRECT ANSWERS parts of a product made to such precision
that they do not have to be custom fitted
Division of Labor - CORRECT ANSWERS the breaking up of a production process into
small tasks, so that each worker performs a small portion of the overall job
Six Sigma - CORRECT ANSWERS a process for reducing costs, improving quality and
increasing customer satisfaction
Agility - CORRECT ANSWERS the ability of an organization to respond quickly to
demands or opportunities
Lean System - CORRECT ANSWERS system that uses minimal amounts of resources to
produce a high volume of high quality goods with some variety
Sustainability - CORRECT ANSWERS using resources in ways that do not harm
ecological systems that support human existence
Ethics - CORRECT ANSWERS a standard of behavior that guides how one should act in
various situations
, COB 300- OPERATIONS FINAL EXAM QUESTIONS AND ANSWERS
LATEST DOWNLOADED 2025/2026 A COMPLETE EXAM SOLUTION ALL
ANSWERS 100% ACCURATE BEST GRADED A+ FOR SUCCESS
Ethical Framework - CORRECT ANSWERS a sequence of steps intended to guide
thinking and subsequent decision or action
Outsourcing - CORRECT ANSWERS buying goods or services instead of producing or
providing them in house
Competitiveness - CORRECT ANSWERS how effectively an organization meets the
wants and needs of customers relative to others that offer similar goods or services
Strategies - CORRECT ANSWERS plans for achieving organizational goals
Tactics - CORRECT ANSWERS the methods and actions take to accomplish strategies
Core Competencies - CORRECT ANSWERS the special attributes or abilities that give an
organization a competitive edge
Order Qualifiers - CORRECT ANSWERS characteristics that customers perceive as
minimum standards of acceptability to be considered as potential for purchase
Order Winners - CORRECT ANSWERS characteristics of an organizations goods or
services that cause it to be perceived as better than the competition
Environmental Scanning - CORRECT ANSWERS the monitoring of events and trends
that present threats or opportunities for a company- remember crest
Operation Strategy - CORRECT ANSWERS the approach, consistent with the
organization strategy that is used to guide the operations function
LATEST DOWNLOADED 2025/2026 A COMPLETE EXAM SOLUTION ALL
ANSWERS 100% ACCURATE BEST GRADED A+ FOR SUCCESS
Goods - CORRECT ANSWERS physical items produced by business organizations
Services - CORRECT ANSWERS activities that provide some combination of time,
location, form and psychological value
Operations Management - CORRECT ANSWERS the management of systems or
processes that create goods and or provide services
Supply Chain - CORRECT ANSWERS a sequence of activities and organizations involved
in producing and delivering a good or service
Value-Added - CORRECT ANSWERS the difference between the cost of inputs and the
value or price of outputs
Process - CORRECT ANSWERS one or more actions that transform inputs into outputs
Lead Time - CORRECT ANSWERS the time between ordering a good or service and
receiving it
Model - CORRECT ANSWERS an abstraction of reality; a simplified representation of
something
System - CORRECT ANSWERS a set of interrelated parts that must work together
Pareto Phenomenon - CORRECT ANSWERS a few factors account for a high percentage
of the occurrence of some events
,COB 300- OPERATIONS FINAL EXAM QUESTIONS AND ANSWERS
LATEST DOWNLOADED 2025/2026 A COMPLETE EXAM SOLUTION ALL
ANSWERS 100% ACCURATE BEST GRADED A+ FOR SUCCESS
Craft Production - CORRECT ANSWERS system in which highly skilled workers use
simple, flexible tools to produce small quantities of customized goods
Mass Production - CORRECT ANSWERS system in which low-skilled workers use
specialized machinery to produce high volumes of standardized goods
Interchangeable Parts - CORRECT ANSWERS parts of a product made to such precision
that they do not have to be custom fitted
Division of Labor - CORRECT ANSWERS the breaking up of a production process into
small tasks, so that each worker performs a small portion of the overall job
Six Sigma - CORRECT ANSWERS a process for reducing costs, improving quality and
increasing customer satisfaction
Agility - CORRECT ANSWERS the ability of an organization to respond quickly to
demands or opportunities
Lean System - CORRECT ANSWERS system that uses minimal amounts of resources to
produce a high volume of high quality goods with some variety
Sustainability - CORRECT ANSWERS using resources in ways that do not harm
ecological systems that support human existence
Ethics - CORRECT ANSWERS a standard of behavior that guides how one should act in
various situations
, COB 300- OPERATIONS FINAL EXAM QUESTIONS AND ANSWERS
LATEST DOWNLOADED 2025/2026 A COMPLETE EXAM SOLUTION ALL
ANSWERS 100% ACCURATE BEST GRADED A+ FOR SUCCESS
Ethical Framework - CORRECT ANSWERS a sequence of steps intended to guide
thinking and subsequent decision or action
Outsourcing - CORRECT ANSWERS buying goods or services instead of producing or
providing them in house
Competitiveness - CORRECT ANSWERS how effectively an organization meets the
wants and needs of customers relative to others that offer similar goods or services
Strategies - CORRECT ANSWERS plans for achieving organizational goals
Tactics - CORRECT ANSWERS the methods and actions take to accomplish strategies
Core Competencies - CORRECT ANSWERS the special attributes or abilities that give an
organization a competitive edge
Order Qualifiers - CORRECT ANSWERS characteristics that customers perceive as
minimum standards of acceptability to be considered as potential for purchase
Order Winners - CORRECT ANSWERS characteristics of an organizations goods or
services that cause it to be perceived as better than the competition
Environmental Scanning - CORRECT ANSWERS the monitoring of events and trends
that present threats or opportunities for a company- remember crest
Operation Strategy - CORRECT ANSWERS the approach, consistent with the
organization strategy that is used to guide the operations function
