Strategy and Sustainability Ch.2 Test Bank 5th Edition - Supply Chain Management Core 5e Complete Test Bank by F. Robert Jacobs. DOCX document preview.
Operations and Supply Chain Management: The Core, 5e (Jacobs)
Chapter 2 Strategy and Sustainability
1) An operations and supply chain strategy must be integrated with the organization's corporate strategy.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
2) One of the competitive dimensions that form the competitive position of a company when planning their strategies is cost.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
3) One of the competitive dimensions that form the competitive position of a company when planning their strategies is delivery speed.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
4) One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best trade-off.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
5) The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio is called flexibility.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
6) The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio it is called straddling.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
7) By following a straddling strategy, firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success.
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
8) An order winner is a set of criterion that differentiates the products or services of one firm from another.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
9) An order winner is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
10) An order qualifier is a screening criterion that permits a firm's products to even be considered as possible candidates for purchase.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
11) Activity-system maps show how a company's strategy is delivered through a set of tailored activities.
Difficulty: 1 Easy
Topic: Strategies Are Implemented Using Operations and Supply Chain Activities— IKEA'S Strategy
Learning Objective: 02-03 Explain how operations and supply chain strategies are implemented.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
12) Activity-system maps are useful in understanding how well a system of activities fits the overall company's strategy.
Difficulty: 1 Easy
Topic: Strategies Are Implemented Using Operations and Supply Chain Activities— IKEA'S Strategy
Learning Objective: 02-03 Explain how operations and supply chain strategies are implemented.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
13) Activity-system maps depict the geographic reach of a company's business strategies.
Difficulty: 1 Easy
Topic: Strategies Are Implemented Using Operations and Supply Chain Activities— IKEA'S Strategy
Learning Objective: 02-03 Explain how operations and supply chain strategies are implemented.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
14) An operations strategy must resist change because of the long term nature of equipment and personnel investments.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Understand
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
15) Operations and supply strategy can be viewed as part of a planning process that coordinates operational goals with those of the larger organization.
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
16) Infrastructure decisions within operations strategy include the selection of the appropriate technology, the role of inventory, and the location of facilities.
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
17) Infrastructure decisions within operations strategy include the selection of the logic associated with the planning and control systems.
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
18) Once an operations strategy is adopted and articulated, the primary emphasis becomes perfecting the system of activities that make up the strategy through detailed refinements over a long period of time.
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
19) The job of operations and supply chain strategy is to deliver the most feature-rich, highest quality product at the lowest price within specified parameters of delivery time and customization.
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
20) Productivity is a relative measure.
Difficulty: 1 Easy
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
21) In a partial measure of productivity the denominator of the ratio would include all resources used or all inputs.
Difficulty: 1 Easy
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
22) In a multifactor measure of productivity the numerator of the ratio would include all resources used or all inputs.
Difficulty: 1 Easy
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
23) The triple bottom line considers evaluating the firm against social, economic, and environmental criteria.
Difficulty: 1 Easy
Topic: A Sustainable Operations and Supply Chain Strategy
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
24) Sustainability means meeting a firm's current needs without excessively compromising the ability of future generations to meet their own needs.
Difficulty: 2 Medium
Topic: A Sustainable Operations and Supply Chain Strategy
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
25) The social impact of the triple bottom line concept pertains to fair and beneficial business practices toward labor, the community, and the region in which a firm conducts its business.
Difficulty: 2 Medium
Topic: A Sustainable Operations and Supply Chain Strategy
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
26) A firm's business practices toward its labor force pertain mainly to the economic aspect of the triple bottom line concept.
Difficulty: 2 Medium
Topic: A Sustainable Operations and Supply Chain Strategy
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
27) According to the economic aspect of the triple bottom line concept, the firm is required to compensate shareholders by paying dividends and growing the value of their common stock faster than their competitors.
Difficulty: 2 Medium
Topic: A Sustainable Operations and Supply Chain Strategy
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
28) Within a sustainability framework, the economic dimension of the triple bottom line concept goes beyond just profit for the firm but also provides lasting economic benefit to society.
Difficulty: 2 Medium
Topic: A Sustainable Operations and Supply Chain Strategy
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
29) Within a sustainability framework, the environmental dimension of the triple bottom line concept has to do with labor, the community, and the region in which a firm conducts its business.
Difficulty: 2 Medium
Topic: A Sustainable Operations and Supply Chain Strategy
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
30) Which of the following is not a major strategic operational competitive dimension that forms a company's competitive position?
A) Cost or price
B) Delivery speed
C) Delivery reliability
D) Management acumen
E) Coping with changes in demand
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
31) A major competitive dimension that forms a company's strategic operational competitive position in their strategic planning is which of the following?
A) Cost or price
B) Focus
C) Automation
D) Straddling
E) Activity-system mapping
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
32) When developing an operations and supply chain strategy, which of the following is an important product-specific criterion to consider?
A) Technical liaison
B) Learning curve
C) Competitor's product performance
D) Production lot-size
E) Total quality management
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
33) In development of an operations and supply chain strategy, which of the following may be an important product-specific criteria to consider?
A) Focus
B) Production lot-size
C) Supplier after-sale support
D) Learning curve
E) Total quality management
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
34) When a company seeks to match the benefits of a successful position while maintaining its existing position in offering customers a variety of differing services, what is this process called?
A) Operations capability analysis
B) Straddling
C) Order qualifying
D) Order winning
E) Inter-functional analysis
Difficulty: 1 Easy
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
35) An activity-system map is which of the following?
A) A network guide to route airlines
B) A listing of activities that make up a project
C) A diagram that shows how a company's strategy is delivered to customers
D) A facility layout schematic noting what is done where
E) A timeline displaying major planned events
Difficulty: 1 Easy
Topic: Strategies Are Implemented Using Operations and Supply Chain Activities— IKEA'S Strategy
Learning Objective: 02-03 Explain how operations and supply chain strategies are implemented.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
36) Which of the following is a partial measure of productivity?
- Output / Materials
- Output / (Labor + Capital + Energy)
- Output / All resources used
- Output / Inputs
A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) All of these
Difficulty: 2 Medium
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
37) Which of the following is a multifactor measure of productivity?
- Output / (Materials)
- Output / (Labor + Capital + Energy)
- Output / All resources used
- Output / Inputs
A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) All of these
Difficulty: 2 Medium
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
38) Which of the following is a total measure of productivity?
- Output / Materials
- Output / (Labor + Capital + Energy)
- Output / Labor
- Output / Inputs
A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) All of these
Difficulty: 1 Easy
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
39) If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours, what kind of productivity measure could you use to compute productivity?
- Partial measure
- Multifactor measure
- Total measure
- Global measure
A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) All of these
Difficulty: 1 Easy
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Analyze
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
40) If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours, and the total materials used were 425 units, what kind of productivity measure could you use to compute productivity?
- Partial measure
- Multifactor measure
- Total measure
A) Choice A
B) Choice B
C) Choice C
D) Choice A and B above
E) Choice B and C above
Difficulty: 1 Easy
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Analyze
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
41) The total output from a production system in one day is 500 units and the total labor necessary to produce the 500 units is 350 hours. Using the appropriate productivity measure, which of the following numbers represents the resulting productivity ratio?
A) 1.000
B) 1.428
C) 0.700
D) 0.411
E) None of these
Difficulty: 2 Medium
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Analyze
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
42) The total output from a production system in one day is 900 units and the total labor necessary to produce the 900 units is 900 hours. Using the appropriate productivity measure, what is the resulting productivity ratio?
A) 1.000
B) 1.428
C) 0.700
D) 0.411
E) None of these
Difficulty: 2 Medium
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Analyze
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
43) Larry's Auto Body Repair Shop had revenues that averaged $60,000 per week in April and $50,000 per week in May. During both months, the shop employed six full-time (40 hours/week) workers. In April the firm also had four part-time workers working 25 hours per week but in May there were only two part-time workers and they only worked 10 hours per week. What is the percentage change in labor productivity from April to May for Larry's Auto Body Repair?
A) −20.00%
B) −15.82%
C) 8.95%
D) 2.3%
E) −25.00%
F) None of these
Difficulty: 3 Hard
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Analyze
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
44) Various financial data for SunPath Manufacturing for 2015 and 2016 follow.
|
| 2015 | 2016 | ||||||
Output: | Sales | $ | 300,000 |
| $ | 330,000 |
| ||
Inputs: | Labor | $ | 40,000 |
| $ | 43,000 |
| ||
| Raw Materials: | $ | 45,000 |
| $ | 51,000 |
| ||
| Energy: | $ | 10,000 |
| $ | 9,000 |
| ||
| Capital Employed: | $ | 250,000 |
| $ | 262,000 |
| ||
| Other: | $ | 2,000 |
| $ | 6,000 |
| ||
What is the percentage change in SunPath's total productivity measure between 2015 and 2016?
A) − 9.22
B) 2.33
C) − 0.53
D) 2.88
E) 10.39
F) None of these
Difficulty: 3 Hard
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Analyze
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
45) Various financial data for SunPath Manufacturing for 2015 and 2016 follow.
|
| 2015 | 2016 | ||||||
Output: | Sales | $ | 300,000 |
| $ | 330,000 |
| ||
Inputs: | Labor | $ | 40,000 |
| $ | 43,000 |
| ||
| Raw Materials: | $ | 45,000 |
| $ | 51,000 |
| ||
| Energy: | $ | 10,000 |
| $ | 9,000 |
| ||
| Capital Employed: | $ | 250,000 |
| $ | 262,000 |
| ||
| Other: | $ | 2,000 |
| $ | 6,000 |
| ||
What is the percentage change in the energy partial productivity measure for SunPath between 2015 and 2016?
A) − 9.22%
B) 2.33%
C) − 0.53%
D) 2.88%
E) 22.2%
F) None of these
Difficulty: 2 Medium
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Analyze
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
46) Various financial data for SunPath Manufacturing for 2015 and 2016 follow.
|
| 2015 | 2016 | ||||||
Output: | Sales | $ | 300,000 |
| $ | 330,000 |
| ||
Inputs: | Labor | $ | 40,000 |
| $ | 43,000 |
| ||
| Raw Materials: | $ | 45,000 |
| $ | 51,000 |
| ||
| Energy: | $ | 10,000 |
| $ | 9,000 |
| ||
| Capital Employed: | $ | 250,000 |
| $ | 262,000 |
| ||
| Other: | $ | 2,000 |
| $ | 6,000 |
| ||
What is the percentage change in the labor partial productivity measure for SunPath between 2015 and 2016?
A) − 9.22
B) 2.33
C) − 0.53
D) 2.88
E) 10.39
F) None of these
Difficulty: 2 Medium
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Analyze
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
47) Various financial data for SunPath Manufacturing for 2015 and 2016 follow.
|
| 2015 | 2016 | ||||||
Output: | Sales | $ | 300,000 |
| $ | 330,000 |
| ||
Inputs: | Labor | $ | 40,000 |
| $ | 43,000 |
| ||
| Raw Materials: | $ | 45,000 |
| $ | 51,000 |
| ||
| Energy: | $ | 10,000 |
| $ | 9,000 |
| ||
| Capital Employed: | $ | 250,000 |
| $ | 262,000 |
| ||
| Other: | $ | 2,000 |
| $ | 6,000 |
| ||
What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2015 and 2016?
A) − 9.22
B) 2.33
C) − 0.53
D) − 2.88
E) 10.39
F) None of these
Difficulty: 3 Hard
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Analyze
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
48) What is meant by the term "operations effectiveness?"
A) Products produced in sufficient volume to meet demand
B) Products produced at the lowest price in the industry
C) Operations that run without error and with no surprises for top management
D) Operations that can adapt quickly and efficiently to new and evolving conditions
E) Performing activities in a manner that best implements strategic priorities at minimum cost
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
49) Decisions that relate to the design of the processes and the infrastructure needed to support these processes relate to which OSCM concept?
A) Sustainability
B) Competitive dimensions of OSCM
C) Making trade-offs
D) integrating operations and supply chain strategy with a firm's operational capabilities
E) Supply chain risk
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
50) Triple bottom line is a phrase that captures
- The concept that shareholders like economic, environmental and societal stewardship affecting shareholders and stake holders.
- The concept that firms should consider economic prosperity, environmental stewardship and social responsibility affecting shareholders and stake holders.
- The concept that sustainability, social awareness and profitability are three important measures for a firm affecting shareholders and stake holders.
- The concept that firms should consider economic prosperity, environmental stewardship and social responsibility affecting only shareholders.
A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) None of the above
Difficulty: 2 Medium
Topic: A Sustainable Operations and Supply Chain Strategy
Learning Objective: 02-01 Know what a sustainable business strategy is and how it relates to operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
51) Which of the following list contains only competitive dimensions of a firm discussed in the text?
- Cost or price, Triple bottom line, order winners
- Delivery speed, delivery reliability, order qualifiers
- Cost or price, delivery speed, delivery reliability, new product design
- Cost or price, delivery speed, delivery reliability, flexibility and new product introduction speed
- Triple bottom line, delivery speed, deliver reliability, supplier after sale support
A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) Choice E
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
52) Choose the most accurate description in the context of operations and supply chain from the following list.
- Order winners and order qualifiers are two ways of describing market oriented dimensions of a product.
- Order winners differentiates a product or service from another while order qualifiers are built in features.
- Order winners are built in features and order qualifiers are necessary features.
- Order qualifier is a screening criteria while order winner is a differentiating criteria.
- Order winners may have been order qualifiers before.
A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) Choice E
Difficulty: 2 Medium
Topic: What is Operations and Supply Chain Strategy?
Learning Objective: 02-02 Define operations and supply chain strategy.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
53) In a firm, if the employees attend a training program, then the time to assemble one unit reduces by 10%. Training program will
- increase the labor productivity only
- increase the multifactor productivity only
- increase both labor and multifactor productivity
- decrease capital productivity
- have no effect on productivity.
A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) Choice E
Difficulty: 3 Hard
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
54) In a firm, all other things remaining the same, if the material usage per unit of final product decreases to half of the current usage, then the firm will
A) double the material productivity
B) increase the multifactor productivity
C) double the material productivity and increase the multifactor productivity
D) decrease capital productivity
E) have no effect on productivity.
Difficulty: 3 Hard
Topic: Productivity Measurement
Learning Objective: 02-05 Evaluate productivity in operations and supply chain management.
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Document Information
Connected Book
Supply Chain Management Core 5e Complete Test Bank
By F. Robert Jacobs