Oscm exam 1 - Study guides, Class notes & Summaries

oscm exam 1 review Questions with complete solution oscm exam 1 review A machine has a design capacity of 5,000 and an effective capacity of 4,000 units per year. If the expects output is 3,000 per year, what would be the Utilization? - correct answer 60% Given the precedence table below, a cycle time of 1.0 and using the shortest processing time first heuristic, what is the first task assigned to the 3rd workstation? Task Duration Predecessors a0.2-b0.6ac0.2bd0.4-e0.5df1.0cg1.0e,f ...

OSCM Exam 1 Question and answers already passed 2023/2024 The Transformation Process - correct answer 1. Inputs 2. Outputs 3. The conversion process 4. Controls 5. Value-Added (price of output minus cost of input) What are the four Competitive Dimensions? - correct answer 1. Price 2. Quality 3. Response-Time 4. Variety (Competitive Space) What is the difference between Goods and Services? - correct answer Goods: Tangible, manufacturi

oscm exam 1 Question and answers correctly solved oscm exam 1 When the output is less than the optimal rate of output, the average unit cost will be: - correct answer Higher An advantage of a U-shaped production line is that: - correct answer It is more efficient than a traditional product layout Marketing depends on operations for information regarding: - correct answer Lead time Utilization is defined as the ratio of: - correct answer Actual output to design capacity What is...

OSCM exam 1 questions with complete solutions

OSCM EXAM 1 STUDY GUIDE Question and answers already passed 2023/2024Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization's goods or services. - correct answer False Which of the following is not a type of operations? A) goods production B) storage/transportation C) entertainment D) communication E) all the above involve operations - correct answer E. Budgeting, analysis of investment proposals, and provision of fu...

OSCM Exam 1

OSCM Exam 1 Questions with complete solution 2023/2024Operations management involves continuous decision making; hopefully most decisions made will be: - correct answer D. informed Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. This increased level of _____ is leading to increased emphasis on ______ management. - correct answer B. outsourcing; supply chain The process of comparing outputs to previously established standar...

OSCM Exam 1 Question and answers correctly solved 2023/2024One reason for OCSM is which of the following? - correct answer All managers should understand the basic principles that guide the design of transformation processes The goods and service continuum consists of which of the following categories? - correct answer Pure goods, core goods, core services, pure services Which of the following are defined as core goods? - correct answer data storage systems Current issues in OSCM do not...

OSCM Exam 1

oscm exam 1 review Question 100% correct 2023/2024 A machine has a design capacity of 5,000 and an effective capacity of 4,000 units per year. If the expects output is 3,000 per year, what would be the Utilization? - correct answer 60% Given the precedence table below, a cycle time of 1.0 and using the shortest processing time first heuristic, what is the first task assigned to the 3rd workstation? Task Duration Predecessors