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OPMT 1100 Chap 1-3(All Accurately solved)

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what is operations management correct answers design, operation, and improvement of productive systems what is operations correct answers a function or system that transforms inputs into outputs of greater value transformation process correct answers series of activities along the value chain from supplier to customer. Must add value or should be eliminated physical transformation process correct answers manufacturing operations locational transformation process correct answers as in...

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OPMT 303 Chapter 2(100% Everfree answers)

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Ways in which operations influences competitiveness: correct answers - location can impact a business's procurement and transportation cost, and the convenience to the customers - companies that are able to be responsive to customers have a competitive advantage, responsiveness depends on operations' ability to react - product and service design, cost, location, quality, response time, flexibility, inventory and supply chain management, and service. Competitiveness shows how effective...

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OPMT Midterm CH 1,2,3,4,5,6,7,8,9(A+ Guaranteed Answers)

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Operations Management correct answers area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods and services. primarly concerned with planning, organizing and supervising. production, manufacturing. processes correct answers the sequence of activities which uses resources and achieves a desired result Types of operations correct answers goods production storage/ transportation exchange entertainme...

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Test 1 OPMT 303(100% Guaranteed)

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Operations correct answers part of an organization that produces goods and/or services. operations management correct answers the management of systems or processes that create goods and/or provide services the acts of selecting, designing, operating, controlling, and updating systems or processes that produce goods and/or provide services. Three basic functional areas of an organization correct answers Marketing, Finance, and operations supply chain correct answers is a sequence of ac...

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OPMT 2500 – Midterm(Completely solved)

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project correct answers a temporary endeavor undertaken to create a unique product, service, or result Standard correct answers -Guidelines, good practices, commonly used - Application informed by judgment - A formal document that describes established norms,methods, processes, and practices Regulation correct answers ◦ Often begins as a Standard ◦ Specifies required product, process,or service characteristics ◦ Legally sanctioned ◦ Compliance is mandatory Operations correc...

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OPMT 303 Exam 2(Correctly solved)

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Which of the following statements about Little's Law is NOT correct? correct answers Little's Law cannot be applied to service operations. Fit the following question to the correct category: Are all operational steps or activities necessary? correct answers Flow The first step in process flowcharting is correct answers To select an appropriate transformation process for analysis. A flowchart for high-contact services such as estate planning often reflects the customer's perspec...

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OPMT Ch 10 Questions(All solved)

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Observations 1 2 3 4 5 6 # of defects 12 The number of runs up and down for the data above is: correct answers 5 If a process is performing as it should, it is still possible to obtain observations which are outside of which limits? (I) tolerances (II) control limits (III) process variability correct answers I and II Which of the following relationships must always be incorrect? Tolerances > process variability > control limits Process variability > tolerances > contr...

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OPMT Exam #3 Ch 15 Supply Chain Management(Correct answers)

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Supply Chain correct answers the sequence of organizations - their facilities, functions, and activities - that are involved in producing and delivering a product or service Facilities correct answers The sequence of the supply chain begins with basic suppliers and extends all the way to the final customer -Warehouses -Factories -Processing centers -Distribution centers -Retail outlets -Offices Supply Chain Management correct answers The strategic coordination of business functions w...

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OPMT 303 Exam 3(100% Correct answers)

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The former deals with acquiring resources, and the latter deals with allocating resources correct answers Aggregate planning and scheduling differ in that How much will the schedule cost? correct answers Scheduling systems answer all the following questions except Increased utilization of a non-bottleneck would improve the operating performance in a factory correct answers Which of the following statements is NOT true about the theory of constraints (TOC)? a resource whose capacity is l...

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OPMT 303 Test 1(100% Correct answers)

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Operations Management correct answers The part of a business organization that is responsible for producing goods or services How can we define operations management? correct answers The management of systems or processes that create goods and/or provide services. - Organization -> Marketing, Operations, Finance Supply Chain correct answers a sequence of activities and organizations involved in producing and delivering a good or service. - Suppliers -> Direct suppliers -> Produc...

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