100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Test Bank for Operations Management: Processes and Supply Chains, 14th Edition by Krajewski $29.49
Add to cart
Quickly navigate to
Preview
  2.  
  3. MGMT334
  4.  
  5. MGMT334

Exam (elaborations)

Test Bank for Operations Management: Processes and Supply Chains, 14th Edition by Krajewski

1 review
 1 purchase
  • Course
  • MGMT334
  • Institution
  • MGMT334

Test Bank for Operations Management: Processes and Supply Chains 14e 14th Edition by Lee J. Krajewski, Manoj Malhotra. Using Operations to Create Value Supplement A. Decision-making Operations Strategy Process Strategy and Analysis Quality and Performance Lean Systems Capacity Planning Su...

[Show more]

Preview 4 out of 1224  pages

Document information

  • July 5, 2024
  • 1224
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

  • MGMT334
  • MGMT334

1  review

review-writer-avatar

By: josephmignogna • 3 months ago

reply-writer-avatar

By: StepsSol • 3 months ago

Thanks for your valuable feedback. Do not forget to visit us again for more documents you need. If you need any other document, let us know so we can help you further. We are available 24/7.

Seller

avatar-seller
StepsSol

Reviews received

Content preview

Test Bank for Operations Management, 14th Edition by Lee J. Krajewski, Malhotra

Complete Chapters ✅
Operations Management: Processes and Supply Chains, 14e (Krajewski)
Chapter 1 Using Operations to Create Value

1.1 Role of Operations in an Organization

1) Operations management refers to the direction and control of inputs that transform processes into
products and services.
Answer: TRUE
Difficulty: Easy
Keywords: operations management, inputs, process, transformation
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.

2) An operation is a group of resources performing all or part of one or more processes.
Answer: TRUE
Difficulty: Easy
Keywords: operations management, inputs, process, transformation
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.

3) The three main line functions of any business include Operations, Finance and Marketing.
Answer: TRUE
Difficulty: Easy
Keywords: operations, finance, marketing
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.

4) The scope of supply chain management is restricted to the synchronization of the process among the
various business functions within the firm.
Answer: FALSE
Difficulty: Easy
Keywords: supply chain management, processes
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.



1

,5) Operations managers are rarely involved in the design of new products and services.
Answer: TRUE
Difficulty: Easy
Keywords: operations manager role
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.

6) Operations managers are routinely involved with budgeting and forecasting since these are usually
handled by managers from other business functions.
Answer: FALSE
Difficulty: Easy
Keywords: operations manager role
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.

7) Regardless of how departments like Accounting, Engineering, Finance, and Marketing function in an
organization, they are all linked together through:
A) management.
B) processes.
C) customers.
D) stakeholders.
Answer: B
Difficulty: Moderate
Keywords: departments, functions, processes
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.




2

,8) The foundations of modern manufacturing and technological breakthroughs were inspired by the
creation of the mechanical computer by:
A) Charles Babbage.
B) James Wa\.
C) Eli Whitney.
D) Frederick Taylor.
Answer: A
Difficulty: Moderate
Keywords: Charles Babbage
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.

9) Which of these Great Moments in Operations and Supply Chain Management did not occur in the
twentieth century?
A) invention of the assembly line
B) publication of the Toyota Production Systems book
C) establishment of railroads
D) strategic planning for achieving product variety
Answer: C
Difficulty: Moderate
Keywords: history, railroad
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.

10) The three main line functions of any business include:
A) operations.
B) marketing.
C) finance.
D) information systems.
E) all of the above
F) only A), B) and C) above
Answer: F
Difficulty: Moderate
Keywords: operations, finance, marketing
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.




3

, 11) Operations management refers to the systematic design, direction, and control of ________ that
transform ________ into products and services.
Answer: processes, inputs
Difficulty: Moderate
Keywords: process, input, transform, product, service
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.

12) The three mainline functions of any business are ________, ________, and ________.
Answer: operations, finance, marketing
Difficulty: Moderate
Keywords: operations, finance, marketing, functions of a firm
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.

13) Supply chain management is the synchronization of a firm's processes with those of its ________ and
________ to match the flow of materials, services, and information.
Answer: suppliers, customers
Difficulty: Moderate
Keywords: supply chain management, suppliers, customers
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.

14) What are the three key functions of a firm and what is each responsible for?
Answer: The three main functions of a firm are operations, finance, and marketing. The operations
function transforms material and service inputs into product and service outputs. The finance function
generates resources, capital and funds from investors and sales of the firm's goods and services in the
marketplace. The marketing function is responsible for producing sales revenue of the outputs.
Difficulty: Moderate
Keywords: manufacturing process, service process
Learning Outcome: Discuss operations and operations management as a competitive advantage for the
organization
AACSB: Application of Knowledge
Learning Objective: Describe the role of operations in an organization and its historical evolution over
time.




4

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 StepsSol. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $29.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

68175 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling

Recently viewed by you

Exam (elaborations) ·

(0)

enc Advanced Question N Answer.
$29.49  1x  sold
  • (1)
Add to cart
Added