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SCM 186 Exam 1 Questions And Accurate Answers, Exams of Supply Management

SCM 186 Exam 1 Questions And Accurate Answers

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2024/2025

Available from 11/30/2024

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SCM 186 Exam 1 Questions And Accurate Answers
Production - ANSWER The creation of goods and services
Operations Management (OM) - ANSWER Activities that relate to the creation of goods
and services through the transformation of inputs to outputs
Supply Chain - ANSWER A global network of organizations and activities that supplies a
firm with goods and services
10 Strategic OM Decision - ANSWER 1) Design of goods and services
2) Managing quality
3) Process strategy
4) Location strategies
5) Layout strategies
6) Human resources
7) Supply-chain management
8) Inventory management
9) Scheduling
10) Maintenance
Services - ANSWER Economic activities that typically produce and intangible product
(such as education, healthcare, entertainment, lodging, government, and financial).
Service Sector - ANSWER The segment of the economy that includes trade, financial,
lodging, education, legal, medical, and other professional occupations
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SCM 186 Exam 1 Questions And Accurate Answers

Production - ANSWER The creation of goods and services Operations Management (OM) - ANSWER Activities that relate to the creation of goodsand services through the transformation of inputs to outputs

Supply Chain - ANSWER A global network of organizations and activities that supplies afirm with goods and services

10 Strategic OM Decision - ANSWER 1) Design of goods and services

  1. Managing quality
  2. Process strategy4) Location strategies
  3. Layout strategies
  4. Human resources7) Supply-chain management
  5. Inventory management
  6. Scheduling10) Maintenance

Services - ANSWER Economic activities that typically produce and intangible product(such as education, healthcare, entertainment, lodging, government, and financial).

Service Sector - ANSWER The segment of the economy that includes trade, financial,lodging, education, legal, medical, and other professional occupations

Productivity - ANSWER The ratio of outputs (goods and services) divided by one or moreinputs (such as labor, capital, or management)

Single-factor Productivity - ANSWER Indicates the ratio of one resource (input) to thegoods and services produced (output)

Multifactor Productivity - ANSWER Indicates the ratio of many or all resources (inputs)to the goods and services produced (outputs)

Productivity Variables - ANSWER The three factors critical to productivityimprovement-labor, capital, and the art and science of management

Knowledge Society - ANSWER A society in which much of the labor force has migratedfrom manual work to work based on knowledge

Stakeholders - ANSWER Those with a vested interest in an organization, includingcustomers, distributors, suppliers, owners, lenders, employees, and community members Maquiladoras - ANSWER Mexican factories along the U.S.-Mexico border that receivepreferential tariff treatment

World Trade Organization (WTO) - ANSWER An international organization that promotesworld trade by lowering barriers to the free flow of goods across borders

North American Free Trade Agreement (NAFTA) - ANSWER A free trade agreementbetween Canada, Mexico, and the United States

European Union - ANSWER A European trade group that has 27 member states Mission - ANSWER The purpose or rationale for an organization's existence

Core Competencies - ANSWER A set of skills, talents, and capabilities in which a firm isparticularly strong

Activity Map - ANSWER A graphical link of competitive advantage, KSFs, and supportingactivities

Outsourcing - ANSWER Transferring a firm's activities that have traditionally beeninternal to external suppliers

Theory of Comparative Advantage - ANSWER A theory which states that countriesbenefit from specializing in (and exporting) goods and services in which they have relative advantage, and they benefit from importing goods and services in which theyhave a relative disadvantage

International Business - ANSWER A firm that engages in cross-border transactions Multinational Corporation (MNC) - ANSWER A firm that has extensive involvement ininternational business, owning or controlling facilities in more than one country

International Strategy - ANSWER A strategy in which global markets are penetratedusing exports and licenses

Multidomestic Strategy - ANSWER A strategy in which operating decisions aredecentralized to each country to enhance local responsiveness

Global Strategy - ANSWER A strategy in which operating decisions are centralized andheadquarters coordinates the standardization and learning between facilities

Transnational Strategy - ANSWER A strategy that combines the benefits of global-scaleefficiency with the benefits of local responsiveness

Project Organization - ANSWER An organization formed to ensure that programs(projects) receive the proper management and attention

Work Breakdown Structure - ANSWER A hierarchical description of a project into moreand more detailed components

Gantt Charts - ANSWER Planning charts used to schedule resources and allocate time Critical Path - ANSWER The computed longest time path(s) through a network Activity-on-node (AON) - ANSWER A network diagram in which nodes designateactivities

Activity-on-arrow (AOA) - ANSWER A network diagram in which arrows designateactivites

Program Evaluation and Review Technique (PERT) - ANSWER A project managementtechnique that employs three time estimates for each activity

Critical Path Method (CPM) - ANSWER A project management technique that uses onlyone time factor per activity

Dummy Activity - ANSWER An activity having no time that is inserted into a network tomaintain the logic of the network

Critical Path Analysis - ANSWER A process that helps determine a project schedule Forward Pass - ANSWER A process that identifies all the early times

PDCA - ANSWER A continuous improvement model of plan, do, check, act Six Sigma - ANSWER A program to save time, improve quality, and lower costs Employee Empowerment - ANSWER Enlarging employee jobs so that the addedresponsibility and authority is moved to the lowest level possible in the organization

Quality Circle - ANSWER A group of employees meeting regularly with a facilitator tosolve work-related problems in their work area

Benchmarking - ANSWER Selecting a demonstrated standard of performance thatrepresents the very best performance for a process or an activity

Quality Robust - ANSWER Products that are consistently built to meet customer needs inspite of adverse conditions in the production process

Quality Loss Function (QLF) - ANSWER A mathematical function that identifies all costsconnected with poor quality and shows how these costs increase as product quality moves from what the customer wants Target-oriented Quality - ANSWER A philosophy of continuous improvement to bring aproduct exactly on target.

Cause-and-effect Diagram - ANSWER A schematic technique used to discover possiblelocations of quality problems

Pareto Charts - ANSWER A graphic way of classifying problems by their level ofimportance, often referred to as the 80-20 rule

Flowcharts - ANSWER Block diagrams that graphically describe a process or system

Statistical Process Control (SPC) - ANSWER A process used to monitor standards, makemeasurements, and take corrective action as a product or service is being produced

Control Charts - ANSWER Graphic presentations of process data over time, withpredetermined control limits

Inspection - ANSWER A means of ensuring that an operation is producing at the qualitylevel expected

Source Inspection - ANSWER Controlling or monitoring at the point of production orpurchase-at the source

Poka-yoke - ANSWER Literally translate, "foolproof"; it has come to mean a device ortechnique that ensure the production of a good unit every time.

Checklist - ANSWER A type of poka-yoke that lists the steps needed to ensureconsistency and completeness in a task

Attribute Inspection - ANSWER An inspection that classifies items as being either goodor defective

Variable Inspection - ANSWER Classifications of inspected items as falling on acontinuum scale, such as dimension or strength

Service Recovery - ANSWER Training and empowering frontline workers to solve aproblem immediately

Process Strategy - ANSWER An organization's approach to transforming resources intogoods and services

Process Focus - ANSWER A production facility organized around processes to facilitate

Value-stream Mapping (VSM) - ANSWER A process that helps managers understandhow to add value in the flow of material and information through the entire production process Process Charts - ANSWER Charts that use symbols to analyze the movement of peopleor material

Service Blueprinting - ANSWER A process analysis technique that lends itself to a focuson the customer and the provider's interaction with the customer

Computer Numerical Control (CNC) - ANSWER Machinery with its own computer andmemory

Automatic Identification System (AIS) - ANSWER A system for transforming data intoelectronic form, for example, bar codes

Radio Frequency Identification (RFID) - ANSWER A wireless system in which integratedcircuits with antennas send radio waves

Process Control - ANSWER The use of information technology to control a physicalprocess

Vision Systems - ANSWER Systems that use video cameras and computer technology ininspection roles

Robot - ANSWER A flexible machine with the ability to hold, move, or grab items. Itfunctions through electronic impulses that activate motors and switches.

Automated Storage and Retrieval System (ASRS) - ANSWER Computer-controlledwarehouses that provide for the automatic placement of parts into and form designated places in a warehouse

Automated Guided Vehicle (AGV) - ANSWER Electronically guided and controlled cartused to move materials

Flexible Manufacturing System (FMS) - ANSWER A system that uses electronic signalsfrom a centralized computer to automate production and material flow

Computer-integrated Manufacturing (CIM) - ANSWER A manufacturing systm in whichCAD, FMS, inventory control, warehousing, and shipping are integrated

Process Redesign - ANSWER The fundamental rethinking of business processes tobring about dramatic improvements in performance

Capacity - ANSWER The "throughput" or number of units a facility can hold, receive,store, or produce in a period of time

Design Capacity - ANSWER The theoretical maximum output of a system in a givenperiod under ideal conditions

Effective Capacity - ANSWER The capacity a firm can expect to achieve, given itsproduct mix, methods of scheduling, maintenance, and standards of quality

Utilization - ANSWER Actual output as a percent of design capacity Efficiency - ANSWER Actual output as a percent of effective capacity Capacity Analysis - ANSWER A means of determining throughput capacity ofworkstations or an entire production system

Bottleneck - ANSWER The limiting factor or constraint in a system

  1. Staffing
  2. Leading
  3. Controlling Reasons to Globalize - ANSWER 1) Improve supply chain2) Reduce costs
  4. Improve operations
  5. Understand markets5) Improve products
  6. Attract/retain global talent Competitive Advantage Strategies - ANSWER 1) Differentiation
  7. Cost Leadership
  8. Response Stages of Product Life Cycle - ANSWER 1) Introduction
  9. Growth3) Maturity
  10. Decline Benefits of Project Management - ANSWER 1) Deliver projects successfully
  11. Achieve project objectives
  12. Goal clarity and measurements4) Coordinated resources
  13. Risk identification and management6) Cost savings
  14. Efficiency of repeatable processes

Managing Project Components - ANSWER 1) Scope

  1. Budget3) Deliverables
  2. Schedule5) Resources
  3. Communication
  4. Issues and Risk Activity Mapping Equations - ANSWER ES=max{EF of immediate predecessors} EF=ES+time of activityLF=min{LF of immediate successors} LS=LF-time of activity Slack time=LS-ES=LF-EF Different Views of Quality - ANSWER 1) User-based
  5. Manufacturing-based3) Product-based

Garvin's Eight Dimensions of Quality - ANSWER 1) Performance2) Features

  1. Reliability
  2. Conformance5) Durability
  3. Serviceability7) Aesthetics
  4. Perceived Quality

TQM Tools - ANSWER 1) Check Sheet

  1. Scatter Diagram3) Cause-effect Diagram
  2. Pareto Chart5) Flowchart
  3. Histogram
  4. SPC Chart Determinants of Service Quality - ANSWER 1) Reliability
  5. Responsiveness3) Competence
  6. Access
  7. Courtesy6) Communication
  8. Credibility
  9. Security9) Understanding of the customer
  10. Tangibles Frederick W. Taylor - ANSWER "Father of Scientific Management"