Chapter 01 Introduction True/False Questions 1-1. The basis for the practice of labor relations within a unionized employer is a contract negotiated by the parties. Answer: True Difficulty: Easy Blooms: Remember Page: 1 1-2. Stock markets create the opportunity to make ownership highly liquid by providing an institutionalized mechanism for the purchase and sale of shares. Answer: True Difficulty: Easy Blooms: Remember Page: 1 1-3. Operational decisions are made by the managers
Premium Trade union
chain process. False Delivering is not considered in supply chain analysis when outside carriers are contracted to move products to customers. False Service innovations can be patented. False Investors pay close attention to efficiency and productivity measures like net income per employee because they are interested in how well the firm manages its workforce relations. False Wall Street analysts are not particularly concerned with how efficient companies are from an operations and supply management
Premium Management Supply chain management Evolution
True / False Questions 1. Efficiency means doing the right things to create the most value for the company. FALSE 2. Effectiveness means doing the right things to create the most value for the company. TRUE 3. A doctor completes a surgical procedure on a patient without error. The patient dies anyway. In operations management terms‚ we could refer to this doctor as being efficient but not effective. TRUE 4. A worker can be efficient without being effective. TRUE 5. Trying to maximize
Premium Management
01 True / False Questions 1. Feeling for swollen lymph nodes is an example of auscultation. True False 2. We can see through bones with magnetic resonance imaging (MRI). True False 3. Histology is the study of structures that can be observed without a magnifying lens. True False 4. Cells were first named by microscopist Robert Hooke. True False 5. All functions of the body can be interpreted as the effects of cellular activity. True False
Premium Biology Human anatomy Anatomy
True/False Questions for Unit 2 1. A requirement is something a database needs to do in order to fulfill its purpose. True 2. You only need to include the most important stakeholder in the database discussion. False 3. Forms are used for gathering input. True 4. A transaction database is optimized to track transaction time. True 5. Data mining uses business intelligence tools and techniques on a variety of data sources brought together in a data warehouse
Premium Data modeling Question Relational model
WEEK 1 QUESTIONS Section A True / False Questions BUS 2103 (OPERATIONS MANAGEMENT) State whether the following sentences are TRUE or FALSE 1. Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization’s goods or services. True False 2. Companies are either producing goods or delivering services. This means that only one of the two types of operations management strategies are used. True False 3. Operations‚ marketing‚ and finance function
Premium Management
Chapter 1: Introduction to Operations Management Overview This chapter provides a definition of operations management. The role and importance of operations in an organization are described‚ along with operations decisions that are made. The differences between manufacturing and services are described. The history and current trends of operations management are discussed‚ including the impact of information systems. Finally‚ the interaction between operations and other business functions
Premium Management Supply chain management Theory of Constraints
GKM COLLEGE OF ENGINEERING AND TECHNOLOGY DEPARTMENT OF MANAGEMENT STUDIES BA 9221 OPERATIONS MANAGEMENT TWO MARK QUESTIONS Unit I 1.Define Production Management It is the process by which raw material and other inputs are converted into finishedgoods. 2.What are the needs or Objectives of Production Management. To manufacture the products as per the specification To effectively manage the available resources and facilities To produce products as per the market requirement . 3
Premium Supply chain management Management Enterprise resource planning
MKT B370 Operations Management SPECIMEN EXAMINATION PAPER Important Note: This specimen examination paper serves solely as an illustration of the types of questions which may be contained in the examination. Students should not construe these questions as the actual examination questions nor part of the actual examination paper. In addition‚ this specimen examination paper does not purport to represent the complete scope or coverage of the course and the distribution of the topics to be examined
Premium Bread
FALL 2011 2011 Deadline: October 26‚ Middle East Technical University – Northern Cyprus Campus BUS 361 Operations Management Homework 1 - Solutions 1. Fruit Computer Company manufactures memory chips in lots of ten chips. From past experience‚ Fruit knows that 80% of all lots contain 10% (1 out of 10) defective chips‚ 20% of all lots contain 50% (5 out of 10) defective chips. If a good batch (that is‚ 10% defective) of chips is sent on to the next stage of production‚ processing costs
Premium Costs Bottleneck Inventory turnover