100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
Test Bank for Operations And Supply Chain Management 13th Edition By F. Robert Jacobs And Richard B. Chase (Chapter 1-14 with Answer keys)£13.98
Add to cart
Test Bank for Operations And Supply Chain Management 13th Edition By F. Robert Jacobs And Richard B. Chase (Chapter 1-14 with Answer keys)
85 views 2 purchases
Module
- NURSING NR326
Institution
Chamberlain College Of Nursing
Test Bank for Operations And Supply Chain Management 13th Edition By F. Robert Jacobs And Richard B. Chase (Chapter 1-14 with Answer keys) Test Bank for Operations And Supply Chain Management 13th Edition By F. Robert Jacobs And Richard B. Chase (Chapter 1-14 with Answer keys) Test Bank for Operati...
test bank for operations and supply chain management 13th edition by f robert jacobs and richard b chase chapter 1 14 with answer keys
Written for
Chamberlain College Of Nursing
- NURSING NR326
All documents for this subject (794)
Seller
Follow
akademica
Reviews received
Content preview
,Operations and Supply Chain Management
Chapter 01
Operations and Supply Chain Management
Learning Objectives for Chapter 1
1. Understand why it is important to study operations and supply chain
management.
2. Define efficient and effective operations.
3. Categorize operations and supply chain processes.
4. Contrast differences between services and goods producing
processes.
5. Identify operations and supply chain management career
opportunities.
6. Describe how the field has developed over time.
True / False Questions
1. Efficiency means doing the right things to create the most value for the company.
True False
2. Effectiveness means doing the right things to create the most value for the company.
True False
3. A doctor completes a surgical procedure on a patient without error. The patient dies
anyway. In operations management terms, we could refer to this doctor as being efficient but
not effective.
True False
1-1
,Operations and Supply Chain Management
4. A worker can be efficient without being effective.
True False
5. A process can be effective without being efficient.
True False
6. Operations and supply management is defined as the design, operation, and improvement
of the systems that create and deliver the firm's primary products and services.
True False
7. The term "value" refers to the relationship between quality and the price paid by the
consumer.
True False
1-2
, Operations and Supply Chain Management
8. Attempting to balance the desire to efficiently use resources while providing a highly
effective service may create conflict between the two goals.
True False
9. Central to the concept of operations strategy are the notions of operations focus and trade-
offs.
True False
10. Fashion retailers, in particular, need to have plenty of inventory on hand because demand
is so unpredictable.
True False
11. Today's leading retailers use operations and supply chain management techniques to
match supply and demand as closely and quickly as possible.
True False
12. "Concept-to-cash" refers to the idea of generating revenue from licensing of patent rights
or other intellectual property.
True False
13. OSM is concerned with management of the trickiest parts of the system that produces a
good or delivers a service.
True False
14. OSM is a functional field of business with clear line management responsibilities.
True False
1-3
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card for the summaries. There is no membership needed.
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 akademica. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £13.98. You're not tied to anything after your purchase.
