Devry GSCM520 week 1 quiz

Category: Accounting

Question 1.1.(TCO 1) One reason for studying operations and supply chain management (OSCM) is which of the following?(Points : 5)

OSCM is essential for understanding organizational behavior.

Most business graduates do OSCM work regardless of their job title.

All managers should understand the basic principles that guide the design of transformation processes.

OSCM is a required course in all business degree programs.

OSCM is the most rigorous business discipline.

Question 2.2.(TCOs 1 and 2) A major competitive dimension that forms a company’s strategic operational competitive position in their strategic planning is which of the following?(Points : 5)

Cost price

Focus

Automation

Straddling

Activity-system mapping

Question 3.3.(TCO 2) 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?(Points : 5)

Operations capability analysis

Straddling

Order qualifying

Order winning

Inter-functional analysis

Question 4.4.(TCO 2) Which of the following is a partial measure of productivity?(Points : 5)

Output/Materials

Output/(Labor + Capital + Energy)

Output/All resources used

Output/Inputs

All of the above

Question 5.5.(TCO 2) 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?(Points : 5)

Partial measure

Multifactor measure

Total measure

Global measure

All of the above

Question 6.6.(TCO 2) The total output from a production system in 1 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?(Points : 5)

1.000

1.428

0.700

0.411

None of the above

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