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BUSI 411 Operations Strategy Exam (Qns & Ans) 2025 LU

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BUSI 411 Operations Strategy Exam (Qns & Ans) 2025 LUBUSI 411 Operations Strategy Exam (Qns & Ans) 2025 LUBUSI 411 Operations Strategy Exam (Qns & Ans) 2025 LU

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  • December 16, 2024
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  • 2024/2025
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BUSI 411

Operations Strategy

Finals Exam (Qns & Ans)

2025
General Instructions

1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.




©2024/2025

,1. Which of the following is a fundamental principle of Lean
Operations?
a) Increase inventory
b) Reduce process variability
c) Enhance product complexity
d) Extend lead times
Correct ANS: b) Reduce process variability
Rationale: Lean focuses on minimizing waste and variability
to enhance efficiency and quality.


2. In the context of supply chain management, what does JIT
stand for?
a) Just-in-Time
b) Joint Industry Test
c) Joint Inventory Tracking
d) Just Inventory Time
Correct ANS: a) Just-in-Time
Rationale: JIT is a strategy aimed at reducing flow times
within production systems and response times from suppliers.


©2024/2025

,3. What is a key advantage of using a push strategy in
operations management?
a) Enhanced customer responsiveness
b) Reduced holding costs
c) Increased production efficiency
d) Better demand forecasting
Correct ANS: c) Increased production efficiency
Rationale: A push strategy focuses on producing goods
based on predicted demands, which can lead to efficiency in
production.


4. Which of the following is NOT a characteristic of Agile
manufacturing?
a) Flexibility
b) Stockpiling inventory
c) Rapid response
d) Customer-focused operations
Correct ANS: b) Stockpiling inventory
Rationale: Agile manufacturing emphasizes flexibility and
responsiveness rather than stockpiling.




©2024/2025

, 5. The 'Theory of Constraints' emphasizes the importance of
which aspect in operational strategy?
a) Maximum capacity utilization
b) Minimizing variabilities
c) Addressing bottlenecks
d) Lean waste reduction
Correct ANS: c) Addressing bottlenecks
Rationale: The Theory of Constraints focuses on managing
bottlenecks to improve overall performance of the system.


Fill-in-the-Blank Questions


6. ________ is the process of transforming inputs into outputs
in a manner that adds value to the customer.
Correct ANS: Operations
Rationale: Operations encompass all activities needed to
convert inputs into valuable outputs.


7. In service operations, __________ refers to the ability to
respond to customer needs in real-time.
Correct ANS: Responsiveness


©2024/2025

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