Multiple-Choice: answer.
Choose the letter of the best
1.The following are scope of system operations decision except?
A Management of personnel
B Inventory management and control
C Scheduling
D Capacity
2.The Transformation process aka Value added process has elements namely Feedback and control, these elements are; Select the best answer.
A Important because feedback that were taken at various points in the transformation process were compared against previously established standards that might be a crucial factor in determining whenever corrective actions are needed.
B Just an add on factor and usually aren’t that important
C Important but time consuming so most organizations felt the need to disregard this process
D Important because if such process are ignored the need to improve would not be possible.
3.The implications of demand and supply are all correct except;
A If supply is greater than the demand – wasteful and costly
B If supply is less than the demand- opportunity loss
C If supply is less than the demand- unsatisfied customers
D If supply is equal with the demand- hoarding occurs
4.Ethical issues in supply chain occurs because of the following reasons, except;
A Improvement will always be a demand in operations
B Levels of outsourcing are ever increasing
C Decreasing costs of transportation
D Supply chains are complex
5.Which increases the importance of supply chain management?
A increased supply chain stability
B lower levels of outsourcing
C reduced competitive pressures
D increased globalization
1. (A) Management of personnel
A system operations decision is a functional responsibility of producing an organization's services and delivering them directly to its clients. Decisions made by operational managers in service organizations include process, quality control, power & scheduling, inventory, business supply chain, and IT.
2.(A) Important because the feedback that was taken at various points in the transformation process were compared against previously established standards that might be a crucial factor in determining whenever corrective actions are needed.
3. (D) If supply is equal with the demand- hoarding occurs
The law of supply and demand is an economic theory that describes the relationship between supply and demand and how that relationship influences the price of goods and services.
Hoarding is the practice of collecting and holding resources in greater quantity than is required for one's immediate use.
4. (c) Decreasing costs of transportation
For all the advancements in technology, global supply chains are still focused on human interaction. And everywhere people communicate, there emerges a mosaic of ethical issues.
5.(d) increased globalization
Globalization simplifies contact between company owners, suppliers and consumers, making it easier to enter new markets and remain linked to consumers wherever they might be in the world.
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