Week 1 Quiz 1. Why is operations management a more encompassing term than produc

Question

Week 1 Quiz 1. Why is operations management a more encompassing term than production management? A. Operations management is concerned with multiple products and services B. Operations management refers to service as well as manufacturing organizations C. Operations management is broader including the financing and marketing functions D. Operations management makes use of the tools of quantitative analysis and computer systems 2. Which of the following functions is responsible for the actual movement of goods and/or services across organizations? A. Logistics B. Operations C. Purchasing D. None of these 3. Approximately, what percentage of the American workforce works in service industries? A. 20% B. 40% 80% 90% 4. The four decision areas in operations management are: A. Planning, technology, inventory, and control B. Process, quality, capacity, and inventory C. Process, quality, technology, and capacity D. None of these 5. A productive process approach: A. Views operations as a separate organizational function B. Must provide feedback information for control of process inputs and technology C. Is of limited use in service organizations D. Disregards human and social concerns 6. Capacity decisions: A. Include staffing and scheduling B. Include inventory control C. Include defining product specifications D. None of these 7. Inventory decisions and control systems involve: A. Determining what to order, how much to order, and when to order B. Tracking the flow of materials C. Managing the finished goods inventories D. All of these

Explanation / Answer

Operations management refers to service as well as manufacturing organization

It is the correct statement. In operation the manager looks after all the things that should go on properly as well as he/ she looks after the manufacturing parts as well.

Logistic

is the correct option. The stock is kept in warehouse from there it is distributed across the organization. It comes under logistic. If we take an example of retail industry then Purchasing means bringing the stock to warehouse and operation means the display the stock from warehouse it comes under operation

80%

Is the correct option As per data by Bureau of Labor Statistics

Process, quality, capacity, and inventory

is the correct options. These four are decisions in operation management. Technology is not decision. It facilitates only.

As per Chegg Policy I am liable to answer first 4 questions. But still I am giving you answer of all the questions.

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