Ch.1 Quiz

Instructions
Read the questions carefully.

This assessment is worth 100 points.

  1. The operations function exists only in firms that are goods-oriented.   (10 points)

      
      

  2. Operations management pertains almost exclusively to the management of manufacturing operations.   (10 points)

      
      

  3. Value-added is the term used to describe the difference between the cost of inputs and the value or price of outputs.   (10 points)

      
      

  4. Storing an item earlier than the scheduled delivery date is an example of a value adding activity.   (10 points)

      
      

  5. The optimal solutions produced by quantitative techniques should always be evaluated in terms of the larger framework.   (10 points)

      
      

  6. The three major functions of business organizations:   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  7. Measurements taken at various points in the transformation process for control purposes are called:   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  8. The responsibilities of the operations manager are:   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  9. Which of the following is not properly matched?   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  

  10. The fact that a few improvements in a few key areas of operations will have more impact than many improvements in many other areas is referred to as the:   (10 points)

    a.  
    b.  
    c.  
    d.  
    e.  



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