Demand has four characteristics, sometimes called the Four Vs. Which characteristic is not part of the Four Vs?
Question 1 options:
Volume | |
Velocity | |
Variety | |
Visibility |
Question 2 (4 points)
Which of the following attributes are not an aspect of how Operations Strategy is different from Operations Management?
Question 2 options:
Operations strategy is longer term. | |
Operations strategy is not concerned with a higher level of analysis | |
Operations strategy involves a greater level of aggregation. | |
Operations strategy uses a higher level of abstraction |
Question 3 (4 points)
Is Operations Strategy a top-down reflection of what the whole group or business wants to do?
Question 3 options:
True | |
False |
Question 4 (4 points)
In Operations Strategy, what classification of a resource is not considered part of its properties:
Question 4 options:
They are scarce. | |
They are imperfectly mobile. | |
They are imperfectly imitable. | |
Their value will be maintained if a competitor can copy the resource. |
Question 5 (4 points)
The five generic performance objectives of the interaction between performance objectives and the associated decisions are Quality, Speed, Dependability, Flexibility, and Cost?
Question 5 options:
True | |
False |
Question 6 (4 points)
What are the two main concepts that define a firm’s operations strategy?
Question 6 options:
The Business Model | |
The Operating Model | |
Both A and B | |
Neither A or B |
Question 7 (4 points)
Operations Strategy Mapping is a procedure that attempts to clarify the cause-effect relationships in a firm’s operations strategy.
Question 7 options:
True | |
False |
Question 8 (4 points)
Select all of the primary ways in which a company can assess the performance of their Operations Strategy?
Question 8 options:
Stake Holder Perspective | |
The Competing Value Framework | |
The Five Performance Objectives | |
Corporate Social Responsibility Perspective |
Question 9 (4 points)
When describing Flexibility as a performance objective, which attribute is not included in how this performance objective is measured?
Question 9 options:
Mix Flexibility | |
Operating Flexibility | |
Products / Services Flexibility | |
Volume Flexibility |
Question 10 (4 points)
A trade-off is the decision you have to make when want something that requires a sacrifice?
Question 10 options:
True | |
False |
Question 11 (4 points)
What system can be described as being effective for integrating the quality development, quality maintenance, and quality improvement efforts in an organization
Question 11 options:
The Four V’s | |
EFQM | |
TQM | |
Six Sigma |
Question 12 (4 points)
Byusiness Process Reengineering (BPR) is the fundamental rethinking and radical redesign of technology systems to acheive dramatic improvements
Question 12 options:
True | |
False |
Question 13 (4 points)
Which strategy is not part of the timing capacity change?
Question 13 options:
Supply Lags Demand | |
Capacity Leads Demand | |
Smoothing with Inventories | |
Capacity Lags Demandimplementing a capacity-leading strategy?
|
Question 14 (4 points)
What are two advantages when Question 14 options:
Revenue is maximized and customers are satisfied becuase there is always sufficient capacity to meet demand. | |
Any critical start-up problems with new plants are less likely to affect supply customers. | |
Both A and B | |
Neither A or B |
Question 15 (4 points)
The market requirement factors when influencing the location of a site are required service level, suitability of site, and image of location.
Question 15 options:
True | |
False |
Short Answer
List the 5 generic performance objectives used to define Operations Performance. Briefly explain each one and their importance in the overall operations strategy plan
When describing demand, we learned about the 4 V’s. What are the 4 V’s and breifly explain their significant effect on how the process between operations strategy and management should be managed
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more
Recent Comments