Deck 19: Operations and Services Management

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Question
Productivity is the quantitative measure of the efficiency with which inputs are transformed into outputs.
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In the operations management world, self-managers take charge of their destiny.
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Only product manufacturers need to concern themselves with the essentials of operations management.
Question
All top executives approach the challenges of productivity, quality, speed, and customer service in very uniform and consistent ways.
Question
Productivity is not essential to achieving a competitive advantage.
Question
Typical productivity obstacles might be procrastination and poor communications.
Question
In one way or another, all organizations must master the challenges of operations management.
Question
Being flexible and staying flexible is a sound piece of advice to give a team worker.
Question
To achieve success in the operations management field, self-management is not one of the essential skills for career success.
Question
Typical operations management decisions include resource acquisition, inventories, facilities, and product quality.
Question
An important career success lesson is "There is no substitute for high performance."
Question
All top executives focus on moving services and products into the hands of customers in ways that create loyalty and profits.
Question
To have a successful career one must keep focus and build talent in your team workers.
Question
As a general statement, self-management is the ability to understand yourself individually and in the social context.
Question
According to consultant Steve Covey, behaving like an entrepreneur will help to move your career forward since it is essential to self-management.
Question
"Productivity" and "competitive advantage" are core issues in operations and services management.
Question
Lost productivity is never a drain on organizational competitiveness.
Question
Today's managers are learning to operate in a world that places a premium on productivity, technology utilization, quality, customer services, and speed.
Question
Managing productive systems that transform resources into finished products, goods, and services for customers is called operations management.
Question
Operating efficiencies that increase productivity are a way to increase competitive advantage.
Question
Technology accomplishes tasks by making things consumers want to have.
Question
Doing anything better than your competitor which they also can't reproduce is the key to competitive advantage.
Question
Due to the significant amount of equipment required for continuous-process production, they require a large labour force to operate.
Question
A key element of productivity is the availability of appropriate technology.
Question
Organizations using continuous-process production must be highly automated.
Question
Most items found on the shelves of grocery stores have been produced by mass production.
Question
Organizations using continuous-process production find it difficult to incorporate high levels of automation into their processes.
Question
Productivity inefficiencies rarely cost a company money in terms of lost revenue and profit.
Question
In continuous-process production, raw materials are continuously transformed by an automated system.
Question
Productivity obstacles include unclear objectives and priorities, as well as procrastination and poor communication.
Question
Operating efficiencies is one way organizations can gain competitive advantage.
Question
Ben's Pasta Emporium uses small-batch production to create pasta dishes for their customers.
Question
Oil refineries use the continuous-process production method to create petroleum products.
Question
Workers are highly dependent upon one another in a mass production environment as the product passes from stage to stage until completion.
Question
Competitive advantage is the ability to outperform one's competitors.
Question
Continuous-process production environments are equipment intensive, but can be operated by a relatively small labour force.
Question
In small-batch production, a high level of worker skill is unnecessary.
Question
The key result of competitive advantage is an ability to consistently do something of equal value to your competitor that cannot be changed quickly.
Question
Technology is at the core of any transformation process.
Question
Technology is the combination of knowledge, skills, equipment, and work methods used to transform resource inputs into organizational outputs.
Question
Remanufacturing, as a trend in manufacturing technology, takes things apart and rebuilds them as products to be used again.
Question
Intensive technology focuses on the efforts and talents of many people to serve clients.
Question
The goal of flexible manufacturing systems is to combine flexibility with efficiency.
Question
Flexible manufacturing systems, as a trend in manufacturing technology, allow automated operations to shift from one task or product type to another quickly.
Question
The goal of design for disassembly is to design and manufacture products in ways that consider how their component parts will be recycled at the end of their lives.
Question
The real estate industry is an example of an industry which is based primarily on mediating technology.
Question
Cellular layouts, as a trend in manufacturing technology, place together machines doing different work so that movement of materials from one to another is as efficient as possible.
Question
As a trend in manufacturing technology, computer-integrated manufacturing drives product designs, process plans, and manufacturing from a common computer platform.
Question
Remanufacturing cannot help a company achieve a competitive advantage.
Question
Cellular layouts do not accommodate much teamwork on the part of machine operators.
Question
Design for disassembly is very difficult to achieve in a small-batch production facility.
Question
The automobile industry is an example of the use of long-linked technology.
Question
Mediating technology links together people in a beneficial exchange of values.
Question
Lean production is not possible in a small-batch production scenario.
Question
Lean production, as a trend in manufacturing technology, is the process of continuously innovating and employing best practices to increase production efficiencies.
Question
There is no materials cost saving to be gained from remanufacturing.
Question
Mass customization, as a result of flexible manufacturing systems, provides efficient mass production of products meeting specific customer requirements.
Question
Robotics is one trend in manufacturing technology where computer-controlled machines perform physically repetitive work with consistency and efficiency.
Question
Cellular layouts require a high level of coordination and management to operate at high efficiency.
Question
In long-linked technology, a client moves from point to point during service delivery.
Question
The purpose of break-even point analysis is to improve the control and leadership abilities of managers.
Question
Inventory control by economic order quantity orders replacements whenever inventory level falls to a predetermined point.
Question
The value chain is the specific sequence of activities that creates goods and services with value for customers.
Question
Just-in-time scheduling minimizes inventory by outing materials to workstations "just in time" to be used.
Question
Some of the areas linked in supply chain management include purchasing, manufacturing, transportation, and distribution.
Question
Typical value chain support activities are procurement and human resource management.
Question
Break-even point is where revenues equal costs.
Question
Value creation is the end result of a task or activity that is worth more in terms of eventually delivering a product or service with higher customer appeal than was the case in the beginning.
Question
Just-in-time scheduling is used by lazy managers who cannot be bothered to create schedules too far in advance.
Question
Value chain management attempts to manage each step of the input-through-output process for maximum efficiency and effectiveness.
Question
The purpose of inventory control by economic order quantity is to improve productivity.
Question
Long-linked technology processes must have interdependent tasks in order to be effective.
Question
Break-even analysis calculates the point at which revenues cover costs under different "what-if" conditions.
Question
Value chain management includes only primary activities and excludes support activities.
Question
Value chain management is the specific sequence of activities that creates products and services with value for customers.
Question
Resources and materials flow in → materials received and organized for use → people and technology create products → finished products distributed → customers served is an illustration of a value chain.
Question
Supply chain management links all operations dealing with resource supplies strategically.
Question
The coordination and centralization of purchasing within a company is done to achieve supply chain management efficiencies.
Question
The goals of supply chain management are to achieve efficiency in all aspects of the supply chain while ensuring on-time availability of quality resources and products.
Question
Efficiency is not a major issue in the value chain.
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Deck 19: Operations and Services Management
1
Productivity is the quantitative measure of the efficiency with which inputs are transformed into outputs.
True
2
In the operations management world, self-managers take charge of their destiny.
True
3
Only product manufacturers need to concern themselves with the essentials of operations management.
False
4
All top executives approach the challenges of productivity, quality, speed, and customer service in very uniform and consistent ways.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
5
Productivity is not essential to achieving a competitive advantage.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
6
Typical productivity obstacles might be procrastination and poor communications.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
7
In one way or another, all organizations must master the challenges of operations management.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
8
Being flexible and staying flexible is a sound piece of advice to give a team worker.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
9
To achieve success in the operations management field, self-management is not one of the essential skills for career success.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
10
Typical operations management decisions include resource acquisition, inventories, facilities, and product quality.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
11
An important career success lesson is "There is no substitute for high performance."
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
12
All top executives focus on moving services and products into the hands of customers in ways that create loyalty and profits.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
13
To have a successful career one must keep focus and build talent in your team workers.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
14
As a general statement, self-management is the ability to understand yourself individually and in the social context.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
15
According to consultant Steve Covey, behaving like an entrepreneur will help to move your career forward since it is essential to self-management.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
16
"Productivity" and "competitive advantage" are core issues in operations and services management.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
17
Lost productivity is never a drain on organizational competitiveness.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
18
Today's managers are learning to operate in a world that places a premium on productivity, technology utilization, quality, customer services, and speed.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
19
Managing productive systems that transform resources into finished products, goods, and services for customers is called operations management.
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k this deck
20
Operating efficiencies that increase productivity are a way to increase competitive advantage.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
21
Technology accomplishes tasks by making things consumers want to have.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
22
Doing anything better than your competitor which they also can't reproduce is the key to competitive advantage.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
23
Due to the significant amount of equipment required for continuous-process production, they require a large labour force to operate.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
24
A key element of productivity is the availability of appropriate technology.
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Unlock for access to all 222 flashcards in this deck.
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k this deck
25
Organizations using continuous-process production must be highly automated.
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k this deck
26
Most items found on the shelves of grocery stores have been produced by mass production.
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k this deck
27
Organizations using continuous-process production find it difficult to incorporate high levels of automation into their processes.
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Unlock Deck
k this deck
28
Productivity inefficiencies rarely cost a company money in terms of lost revenue and profit.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
29
In continuous-process production, raw materials are continuously transformed by an automated system.
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k this deck
30
Productivity obstacles include unclear objectives and priorities, as well as procrastination and poor communication.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
31
Operating efficiencies is one way organizations can gain competitive advantage.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
32
Ben's Pasta Emporium uses small-batch production to create pasta dishes for their customers.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
33
Oil refineries use the continuous-process production method to create petroleum products.
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Unlock for access to all 222 flashcards in this deck.
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k this deck
34
Workers are highly dependent upon one another in a mass production environment as the product passes from stage to stage until completion.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
35
Competitive advantage is the ability to outperform one's competitors.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
36
Continuous-process production environments are equipment intensive, but can be operated by a relatively small labour force.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
37
In small-batch production, a high level of worker skill is unnecessary.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
38
The key result of competitive advantage is an ability to consistently do something of equal value to your competitor that cannot be changed quickly.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
39
Technology is at the core of any transformation process.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
40
Technology is the combination of knowledge, skills, equipment, and work methods used to transform resource inputs into organizational outputs.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
41
Remanufacturing, as a trend in manufacturing technology, takes things apart and rebuilds them as products to be used again.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
42
Intensive technology focuses on the efforts and talents of many people to serve clients.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
43
The goal of flexible manufacturing systems is to combine flexibility with efficiency.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
44
Flexible manufacturing systems, as a trend in manufacturing technology, allow automated operations to shift from one task or product type to another quickly.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
45
The goal of design for disassembly is to design and manufacture products in ways that consider how their component parts will be recycled at the end of their lives.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
46
The real estate industry is an example of an industry which is based primarily on mediating technology.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
47
Cellular layouts, as a trend in manufacturing technology, place together machines doing different work so that movement of materials from one to another is as efficient as possible.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
48
As a trend in manufacturing technology, computer-integrated manufacturing drives product designs, process plans, and manufacturing from a common computer platform.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
49
Remanufacturing cannot help a company achieve a competitive advantage.
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Unlock Deck
k this deck
50
Cellular layouts do not accommodate much teamwork on the part of machine operators.
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k this deck
51
Design for disassembly is very difficult to achieve in a small-batch production facility.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
52
The automobile industry is an example of the use of long-linked technology.
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k this deck
53
Mediating technology links together people in a beneficial exchange of values.
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k this deck
54
Lean production is not possible in a small-batch production scenario.
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k this deck
55
Lean production, as a trend in manufacturing technology, is the process of continuously innovating and employing best practices to increase production efficiencies.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
56
There is no materials cost saving to be gained from remanufacturing.
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k this deck
57
Mass customization, as a result of flexible manufacturing systems, provides efficient mass production of products meeting specific customer requirements.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
58
Robotics is one trend in manufacturing technology where computer-controlled machines perform physically repetitive work with consistency and efficiency.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
59
Cellular layouts require a high level of coordination and management to operate at high efficiency.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
60
In long-linked technology, a client moves from point to point during service delivery.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
61
The purpose of break-even point analysis is to improve the control and leadership abilities of managers.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
62
Inventory control by economic order quantity orders replacements whenever inventory level falls to a predetermined point.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
63
The value chain is the specific sequence of activities that creates goods and services with value for customers.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
64
Just-in-time scheduling minimizes inventory by outing materials to workstations "just in time" to be used.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
65
Some of the areas linked in supply chain management include purchasing, manufacturing, transportation, and distribution.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
66
Typical value chain support activities are procurement and human resource management.
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Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
67
Break-even point is where revenues equal costs.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
68
Value creation is the end result of a task or activity that is worth more in terms of eventually delivering a product or service with higher customer appeal than was the case in the beginning.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
69
Just-in-time scheduling is used by lazy managers who cannot be bothered to create schedules too far in advance.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
70
Value chain management attempts to manage each step of the input-through-output process for maximum efficiency and effectiveness.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
71
The purpose of inventory control by economic order quantity is to improve productivity.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
72
Long-linked technology processes must have interdependent tasks in order to be effective.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
73
Break-even analysis calculates the point at which revenues cover costs under different "what-if" conditions.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
74
Value chain management includes only primary activities and excludes support activities.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
75
Value chain management is the specific sequence of activities that creates products and services with value for customers.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
76
Resources and materials flow in → materials received and organized for use → people and technology create products → finished products distributed → customers served is an illustration of a value chain.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
77
Supply chain management links all operations dealing with resource supplies strategically.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
78
The coordination and centralization of purchasing within a company is done to achieve supply chain management efficiencies.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
79
The goals of supply chain management are to achieve efficiency in all aspects of the supply chain while ensuring on-time availability of quality resources and products.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
80
Efficiency is not a major issue in the value chain.
Unlock Deck
Unlock for access to all 222 flashcards in this deck.
Unlock Deck
k this deck
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Unlock Deck
Unlock for access to all 222 flashcards in this deck.