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ISQS 3344 Exam III Questions and Answers 100% Pass How does operations management contribute to competitive advantage? By optimizing processes, reducing costs, and improving customer satisfaction. What is the role of forecasting in operations management? To predict future demand and plan production and inventory accordingly. What is capacity planning, and why is it important? It ensures that an organization has the necessary resources to meet customer demand without overburdening...

ISQS 3344 Exam 3- Lowell Lay TTU Questions and Answers Graded A+ How do organizations typically measure operational efficiency? By comparing input costs to output productivity. What is the main goal of operations management? To maximize efficiency and minimize costs while meeting customer expectations. In lean manufacturing, what is the focus of continuous improvement? Eliminating waste in processes. What does "Just-in-Time" (JIT) inventory aim to reduce? Inventory levels ...

TTU ISQS 3344 Flamm - Exam 1 Review Questions with Certified Solutions What is a key characteristic of a service operation? A. High inventory levels B. Intangible output C. High capital investment D. Long production cycles Which of the following is an example of an internal process improvement method? A. Outsourcing B. Lean manufacturing C. Product diversification D. Global expansion What is the purpose of a SWOT analysis in operations management? A. To determine financial rat...

ISQS 3344 Exam 3 Questions and Answers Already Passed How does process mapping improve operations management? A. By reducing communication between departments B. By visualizing the flow of processes to identify inefficiencies C. By helping to streamline workflows and eliminate bottlenecks D. By increasing product variety What is the main objective of inventory management in operations? A. To hold as much inventory as possible B. To balance supply with demand while minimizing costs...

ISQS 2340 Exam 1 Questions and Answers 100% Pass What is the role of information systems in business? To collect, process, store, and analyze data to help businesses make informed decisions and streamline operations. What is the primary function of a database in an information system? To store and organize data in a way that allows easy retrieval and manipulation. How do hardware and software work together in an information system? Hardware provides the physical infrastructure, w...

ISQS 2340 Exam 3 Questions and Answers Already Passed What is a quantum bit, or qubit? A quantum bit (qubit) is the fundamental unit of quantum information, which can exist in multiple states simultaneously. What principle allows quantum computers to process multiple possibilities at once? The principle of superposition allows quantum computers to process multiple possibilities simultaneously. In quantum computing, what is entanglement? Entanglement is a phenomenon where qubits be...

Networking Basics (Networking Today) Questions and Answers Already Passed What is the primary function of a router in a network? A router directs data packets between different networks, ensuring they reach their destination correctly. What is the role of a switch in a local area network (LAN)? A switch connects devices within a network, allowing them to communicate by forwarding data frames based on MAC addresses. How does a hub differ from a switch? A hub broadcasts data to al...

ISQS 3344 CH 1 Quiz Questions with Complete Solutions Which of the following is NOT a characteristic of operations management? A. Designing goods and services B. Controlling inventory levels C. Setting marketing strategies D. Managing production processes In operations management, which of the following refers to the set of activities that create value for the customer? A. Marketing strategy B. Supply chain management C. Financial planning D. Product development What is a ...

ISQS 3344 Questions and Answers Already Passed What is labor productivity? Labor productivity is the measure of the output produced per unit of labor input, typically expressed as output per hour worked. How do you calculate labor productivity? Labor productivity is calculated by dividing the total output by the total number of hours worked. What is the significance of measuring labor productivity in operations management? Measuring labor productivity helps businesses assess eff...

ISQS 3344 Questions and Answers Already Passed Which of the following is an example of a pull system in operations management? A. Production based on forecasts B. Mass production of standardized products C. Replenishment of stock based on actual customer demand D. A fixed production schedule regardless of customer needs How does Lean manufacturing help improve efficiency? A. By focusing on maximizing inventory levels B. By reducing product variety C. By eliminating waste and im...