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Dealing with the fact that certain aspects of any management situation are more important than others is called:


A) analysis of trade-offs.
B) sensitivity analysis.
C) establishing priorities.
D) analysis of variance.
E) decision analysis.

F) A) and B)
G) B) and E)

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Storing an item earlier than the scheduled delivery date is an example of a value adding activity.

A) True
B) False

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Business analytics uses software to build models which in turn support decision making.

A) True
B) False

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Frederick Taylor spearheaded the scientific management movement in America.

A) True
B) False

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Operations,marketing,and finance function independently of each other in most organizations.

A) True
B) False

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The responsibilities of operations managers classified as controlling activities are:


A) inventory,production pace,quality,and costs.
B) organizing departments,subcontracting,supplier contracts,and staffing.
C) forecasting,planning,organizing,and directing.
D) scheduling,job assignments,purchasing,and logistics.
E) capacity,location,layout,and mix of products.

F) All of the above
G) B) and C)

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Prior to the Industrial Revolution,goods were produced primarily by craftsmen or their apprentices using custom made parts.

A) True
B) False

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Lean production systems operate with lower amounts of inventory,so emphasis is placed on anticipating when problems might occur before they arise.

A) True
B) False

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Tactical planning and control activities involve making decisions about all of the following EXCEPT:


A) location of facilities.
B) scheduling.
C) material requirements planning.
D) project management.
E) inventory management.

F) A) and E)
G) C) and D)

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The operations manager has the ultimate responsibility for the creation of goods or performance of services.

A) True
B) False

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Many operations management decisions can be described as trade-offs.

A) True
B) False

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Design decisions are usually strategic and long term,while planning decisions are tactical and medium term.

A) True
B) False

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A balance achieved between two incompatible features is referred to as (a) ___________.


A) Break even
B) Quantitative technique
C) Heuristic
D) Trade-off
E) Systems approach

F) A) and D)
G) A) and E)

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The three primary functions that exist in most business organizations are:


A) manufacturing,production,and operations.
B) operations,marketing,and finance.
C) operations,accounting,and marketing.
D) operations,production,and finance.
E) operations,sales and accounting

F) A) and B)
G) C) and E)

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The moving assembly line introduced by Henry Ford is an example of the development of mass production based on large volumes of standardized goods produced using low or semi-skilled workers and highly specialized equipment.

A) True
B) False

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Operations management pertains almost exclusively to the management of manufacturing operations.

A) True
B) False

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Which of the following developments related to the historical evolution of operations management is the oldest?


A) The human relations movement advocated by Mayo,Maslow,and Hertzberg.
B) The introduction of the moving assembly line by Henry Ford.
C) Scientific management principles espoused by Frederick Taylor.
D) The principle of division of labour documented in Adam Smith's book The Wealth of Nations.
E) The influence of Japanese management practices.

F) B) and E)
G) A) and B)

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Which of the following is not a general approach to decision-making?


A) Establishing priorities
B) Subjective approach
C) Analysis of trade-offs
D) Systems approach
E) Quantitative approaches

F) All of the above
G) B) and C)

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The Pareto phenomenon is one of the most important and pervasive concepts that can be applied at all levels of management.

A) True
B) False

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Measurements taken at various points in the transformation process for control purposes are called:


A) plans.
B) directions.
C) controls.
D) feedback.
E) proposals.

F) A) and D)
G) B) and E)

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