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WorksheetsOSCM 306 Ch1 Practice Quiz
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
Supplying operations with parts and materials, performing work on products, and/or performing services are part of the firm's:
a)
Division of Labor
b)
Outsourcing
c)
Internal Supply Chain
d)
Market Development
2.
The process of comparing outputs to previously established standards to determine if corrective action is needed is called:
a)
Budgeting
b)
Planning
c)
Controlling
d)
Disciplining
3.
If one organization is better able than most to respond to changes in demands or opportunities, we say that organization exhibits higher:
a)
Marketability
b)
Productivity
c)
Efficiency
d)
Agility
4.
Managing the supply chain has become more important as a result of firms increasing their levels of:
a)
Outsourcing
b)
Overtime
c)
Marketing
d)
Shipping
5.
A "product package" consists of:
a)
Goods (mfg organization)
b)
The shipping container
c)
A combination of goods and services
d)
Customer relations (service organization)
6.
Operations and sales are the two ________ functions in businesses.
a)
Strategic
b)
Tactical
c)
Value-adding
d)
Line
7.
Product design and process selection are examples of ____________ decisions.
a)
Financial
b)
System Design
c)
System Operation
d)
Tactical
8.
Two widely used metrics of variation are the __________ and the _________.
a)
Mean; Standard Deviation
b)
Productivity ratio, correlation
c)
Randomized mean; Standardized deviation
d)
Normal distribution, Random variation
9.
Marketing depends on operations for information regarding:
a)
Productivity
b)
Lead Time
c)
Cash flow
d)
Budgeting
10.
Budgeting, analysis of investment proposals, and provision of funds are activities associated with the _______ function.
a)
Marketing
b)
Purchasing
c)
Finance
d)
Operation
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