100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
BUSOBA 3230 Exam 1 | Questions with 100% Correct Answers $15.49   Add to cart

Exam (elaborations)

BUSOBA 3230 Exam 1 | Questions with 100% Correct Answers

 11 views  0 purchase
  • Course
  • BUSOBA 3230
  • Institution
  • BUSOBA 3230

BUSOBA 3230 Exam 1 | Questions with 100% Correct Answers Operations Management is defined as "The systematic design, direction, and control of processes that transform inputs into services and products for internal, as well as external, customers". Therefore, operations management only apply in t...

[Show more]

Preview 2 out of 11  pages

  • September 21, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BUSOBA 3230
  • BUSOBA 3230
avatar-seller
Bri254
BUSOBA 3230 Exam 1


Operations Management is defined as "The systematic design, direction, and control of
processes that transform inputs into services and products for internal, as well as
external, customers". Therefore, operations management only apply in these industries:

Healthcare
All Industries
Government
Manufacturing
Financial Services
Non-Profit Organizations

Professor Newsom purchases paint from Sherwin-Williams Store when redecorating her
home. She is therefore a customer of Sherwin-Williams and is
___________________________ in the supply chain.


strategic
competitive
upstream
downstream

Getting a haircut is more like a service process because:

the haircut is tangible.
the quality is very objective and easy to measure.
if the appointment is missed, it cannot be stored for another time.
there is very little customer involvement.

Headquartered in Germany, Aldi is one of the fastest growing discount supermarkets in
the United States. In a recent advertisement aired on local television, Aldi claims: "you
will like our products but love our prices." Which of the following is most true for Aldi?

Neither products or price are order winners
Both products and price are order winners
Products are order qualifiers, price is an order winner
Price is an order qualifier, products are order winners

Based on the operational decisions discussed in the in-class video, what appear to be
the competitive priorities for Jeni's?

Top quality product and top quality experience
Low cost product and on time delivery

, High variety product and speed of experience
Consistent quality product and fast delivery speed

The design, operation, and improvement of the systems that create and deliver the
firm's primary products and services.
Operations and supply chain management (OSCM)

One or more activities that transform inputs into outputs.
Processes

List the 5 supply chain processes
1. planning
2. Sourcing
3. Making
4. Delivering
5. Returning

Consists of the processes needed to operate an existing supply chain strategically.
Here a firm must determine how anticipated demand will be met with available
resources
Planning

Involves the selection of suppliers that will deliver the goods and services needed to
create the firms product
Sourcing

Where the major product is produced or the service is provided
Making

Aka logistics processes
Delivering

Involves processes for receiving worn-out, defective and excess products back from
customers and support for customers who have problems with delivered products
Returning

When a firm builds service activities into its product offerings to create additional value
for the customer.
Product-service bundling

Emphasizes how a factory's capabilities could be used strategically to gain advantage
over a competing company.
manufacturing strategy

An integrated set of activities designed to achieve high-volume production using
minimal inventories of parts that arrive exactly when they are needed.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Bri254. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79650 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.49
  • (0)
  Add to cart