Operations management final exam questions. Mba Exam Papers in Operation and Production Management (400 Words) 2022-10-23

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Operations management is a critical component of any organization, as it involves the planning, organizing, and overseeing of the production of goods and services. It plays a crucial role in ensuring that an organization's resources are used efficiently and effectively, and that its products and services meet the needs and expectations of its customers.

The final exam in an operations management course is likely to cover a wide range of topics, including supply chain management, inventory management, quality control, process design, and project management. Some potential questions that could be included on an operations management final exam might include:

  1. How can an organization improve its supply chain efficiency?
  2. How can an organization effectively manage its inventory levels to minimize costs and maximize profits?
  3. What are some common quality control techniques and how are they used in operations management?
  4. How do process design and process improvement techniques contribute to an organization's overall efficiency and effectiveness?
  5. What are the key elements of project management, and how can an organization use these principles to successfully complete projects on time and within budget?

To answer these questions, students will need to have a strong understanding of the key concepts and principles of operations management. This may include understanding how to analyze and optimize supply chain processes, how to use data and analytics to make informed decisions about inventory levels, and how to implement quality control measures to ensure that products and services meet customer expectations.

In addition to these technical skills, students will also need to be able to apply their knowledge to real-world situations. This may involve analyzing case studies, discussing examples from their own work or professional experience, or applying their knowledge to a simulated business scenario.

Overall, the final exam in an operations management course will test students' understanding of the key concepts and principles of the discipline, as well as their ability to apply this knowledge to real-world situations. By demonstrating their expertise in these areas, students can demonstrate their readiness to take on leadership roles in operations management within their organizations.

Operations Management Quiz Questions And Answers

operations management final exam questions

Additional standardization of components IV. Disadvantages include using a module in a product for which a more specific component would have been better. C less customer demand. A flexible pricing B increased productivity C lower rework and scrap costs D lower warranty costs E All of the above are aspects of reduced costs by quality improvements. Which activities have slack, and how much? This is an example of which quality principle? A prevention costs B appraisal costs C internal failure costs D external failure costs E None is hard to quantify. Embarking on reverse logistics RL had given Carlsberg many advantages such as economic advantages and good image.

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Final exam 2018, questions and answers

operations management final exam questions

A county wants to build one centrally-located processing facility to serve the county's four recycling drop-off locations. The product-by- value report focuses management's attention on the strategic direction for each product. Reduced complexity of the product II. An analytical tool used in Six-Sigma quality improvement programs is which of the following? The economies of the world have become increasingly interdependent, and organizations have come under tremendous pressure to maximize productivity and profitability. In supply chain management, ethical issues a Are particular important because of enormous opportunities for abuse b May be guided by company roles and code of conduct c Become more complex as supply chain because becoming more global d Guided by standards of institute for supply chain management e All of the above Which of the following is generally found in most lean environments a A push or pull system depending on rate of demand b A push system for high margin items and a pull for low margin items c A push system for purchased parts and a pull system for manufactured parts d Pull systems e Push systems. D The hospital's high quality is measured by low readmission rates, not patient satisfaction.

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OPS/571 Operations Management Final Exam Questions and Result

operations management final exam questions

How should this hierarchy of forecasts be linked and used? Answer: The vast majority of new product ideas do not become marketable products, and most marketable products are failures. Creating value through outsourcing has emerged as a popular competitive strategy for firms of all sizes in all types of industries. They add flexibility to production and marketing. Note: There are TWENTY MULTIPLE CHOICE QUESTIONS in this part. A Gantt chart E.


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Operations Management

operations management final exam questions

What are the major factors leading to the resurgence of interest in OM today? D the assembly drawing. The goal is to make the transformation process both efficient low-cost, fast and effective providing value to the customer. C Regal still uses some wooden parts and hand-produces some components. The research recommends that government and manufacturing organizations should collaborate in RL management. .

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Operation Management Final exam question

operations management final exam questions

Compare and contrast the activities within operations management across THREE different sectors. A It provides accurate information flows to other departments. Today the human being is constantly finding new ways to get more for less. This is not a suggestion. E legislative, judicial, and executive. Identify the economic order quantity and consider the implications for making an error in calculating economic order quantity. Briefly discuss why quality has become such a live issue today?.

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Mba Exam Papers in Operation and Production Management (400 Words)

operations management final exam questions

The report may also tell management which product offerings should be eliminated and which fail to justify further investment in research and development or capital equipment. Use of modules usually means fewer parts, less design and tooling expense. Let's play this quiz to find out the answers. The operations management of any organization involves the design, operation, and improvement of the systems that create and deliver the primary products and services of the organization. A Value engineering occurs only after the product is selected and designed.

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(PDF) Questions for final exam Operation MAnagement

operations management final exam questions

Modules do exist in services, as in fast-food meals built to customer specification. The aim of this research is to investigate the use of third party logistics in Turkish companies from the users' perspective to identify the types of logistics services outsourced, problems encountered in outsourcing these services, logistics costs,. C is used early in the design process. A-B-D-E-H, also shown in the network above as the bold path. On the other hand, the study also found that reverse logistics has impact on organization financial position, inventory management, competitiveness and green outcome. Can it be alternatively used as a job ranking? The economies of the world have become increasingly interdependent, and organizations have come under tremendous pressure to maximize productivity and profitability.

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Operations Management Final Exam Flashcards

operations management final exam questions

In simple words, in PERT network interest is focused upon start or completion of events and not on activities themselves. D suppliers and distributors, but not customers. A large percentage of the revenue of most firms is spent in the Operations Management function. . According to the theory of constraints, which of the following is a kind of time that makes up the cycle time in production? This is a corporate operation, and there are 250 working days per year PERT is event oriented whereas CPM is activity oriented.

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Operations Management: Test Questions and Answers

operations management final exam questions

OM is relatively new field of research and still evolving, many businesses employ it is a way to increase productivity and reduce error. C Value engineering is oriented toward improvement of design. E design for destruction DFD. It includes the responsibility of ensuring that business operations are efficient by using as few resources as needed, and effective in terms of meeting customer requirements. E all of the above. B Most product costs are determined at the design stage. Program evaluation and review technique D.

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Operations Management

operations management final exam questions

D Virtually all products have their development cycle shortened. B Value engineering creates fragile design. C treats the product design decision as critical to its success. Discuss the importance of training in the content of job redesign? With increasing pressure on organizations to deliver optimally at reduced cost, the role of operations has been transformed from that of strategy implementer to one of strategy driver. Those with operations management skills will therefore be more prepared for differentiation between planning, control and delivery of either products or services. This process is known as: A Robust design. Operations Management in Tesco In order to define why Operations Management is needed in an organisation knowledge of operations management is required.

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