MSOM 1 – Flashcards

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All orgs including service orgs such as banks and edu institutions have a production function
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True
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Production is the creation of goods and services
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True
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Operations management refers only to the creation of services
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True
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Operations management is the set of activities that create goods and services by transforming inputs into outputs
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True
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Operations management only applies to the creation of tangible goods
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False
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An example of a hidden production function is money transfers at banks
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True
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Marketing is one of the 3 functions critical to an orgs survival
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True
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The operations manager performs the management activities of planning, organizing, staffing, leading, and controlling of the OM function
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True
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Should we make or buy this item? is within the quality management critical decision area
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False
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Operations Management has benefited from advances in other fields of study
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True
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In order to have a career in operations management, one must have a degree in stat or quant methods
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False
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The quality of a product is more difficult to measure than that of a service
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False
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Customer interaction is often high during the manufacturing process
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False
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Productivity is more difficult to improve in the service sector
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True
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Service activities cannot take place within good producing operations
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False
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Which of the following has been the main driver to the globalization of business
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technology
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Operations management is applicable
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to manufacturing and service sectors
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which of the following are the primary functions of all orgs
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marketing,operations, finance/accounting
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budgeting, paying the bills, and collection of funds are activities associated with the
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finance/accounting function
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which of the following would not be an operations function in a fast food restaurant
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advertising and promotion
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the three major functions of business orgs
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overlap
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the marketing functions main concern is with
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generating the demand for the orgs products and services
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the five elements in the management process are
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org,plan,control,staff, manage
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the responsibilites of the operations manager include
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planning,org,staffing,leading,controlling
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which of the followwing is not an element of the management process
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pricing
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an operations manager is not likely to be involved in
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the identification of customers wants and needs
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which is not true regarding difference between goods and services
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goods tend to have higher customer interaction than services
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which of the following is not a typical attribute of goods
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aspects of quality difficult to measure
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which of the following services is not unique i.e customized to a particular individuals needs
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elementary education
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which of the following is not a typical service attribute
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easy to store
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current trends in operations management include all of the following except
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all of the above. JIT,rapid development,mass customization, empowered employees
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which of the following is not a current trend in operations management
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all of the above
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one new trend in operations management is
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all of the above, global focus, mass customization, empowered employees, rapid product development
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gibson valves produces cast bronze valves on an assembly line. if 1600 valves are produces in an 8 hour shift, the productivity of the line is
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200 per hour
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Gibson valves products cast bronze valves on an assembly line, currently producing 1600 valves each 8 hour shift. if the productivity is increased by 10 percent it would be
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220 valves per hour
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if production is increased to 2400 the productiivity will increase by
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50%
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The dulac box plant produces 500 packing boxes in two 10 hour shifts. What is the productivity of the plant
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25 boxes/hr
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which of the following is not true when explaining why productivity tends to be lower in the service sector than in the manufacturing sector
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service operations are typically capital intenstive
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three commonly used productivity variables are
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labor capital management
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the service sector has lower productiivity improvements than the manufacturing sector because
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services usually are labor intensive
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productivity tends to be more difficult to improve in the service sector because the work is
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all of the above. difficult, intensive, freq, intellectual
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___ is the set of activities that transforms inputs into goods and services
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operations management
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___ is the ability of the org to be flexible enough to cater to the individual whims of consumers
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mass customization
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___ is the long term relationship that helps orgs deal with shorter product life cycles
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supply chain partnering
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___ is the operations management trend that moves more decision making to the individual worker
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empowered employees
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define operations management. will your definition accomodate both manufacturing and service operations?
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operations management can be defined as the management of all activities directly related to the creation of goods and or services thru the transformation of inputs into outputs
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list the 3 primary functions of business
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marketing. production/operations, finance/accounting
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list the 5 elements of the management process
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planning,org,staffing,leading, and controlling
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how do services differ from goods? 5 ways
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a service is usually tangible, it is often produced and consumer simultaneously, often unique, it involves high customer interaction, product definitiion is inconsistent, often knowlegde based, and frequently dispersed.
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why are orgs becoming more global
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because of the decline in the cost of communication and transportation. Additionally, resources- matieral, talent, and labor- are also becoming more global
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list the 3 productivity variables used in the text. what other variables are possible
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labor, capital, management. The text also uses matieral and miscellaneous in its examples. Any resources could be named as a productivity variable
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works a total of 5 hours per day to produce 10 ornaments A.what is the productivity B. she thinks that by redesigning the ornaments and switching from use of a wood glue to a hot gun she can increase to 20 per day, what is her new productivity. c. what is her percentage increase in productiviity
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A.10 ornaments/5 hours = 2 B. 20/5=4 c. 2/2= 100 percent
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Look up question 93
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output/ labor hours, utilities, capital
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