Filters
Question type

Study Flashcards

When was the first mathematical model for inventory management developed?


A) 1770
B) 1865
C) 1900
D) 1913
E) 1930

F) B) and C)
G) C) and D)

Correct Answer

verifed

verified

Which famous economist once suggested that, "The production problem has been solved."?


A) John Nash
B) Irving Fisher
C) John Kenneth Galbraith
D) Adam Smith
E) John Maynard Keynes

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

Correct Answer

verifed

verified

Who invented the steam engine?


A) James Watt
B) Adam Smith
C) Eli Whitney
D) Henry Ford
E) Frederick Taylor

F) B) and C)
G) C) and D)

Correct Answer

verifed

verified

What type of commerce makes up the highest percentage of electronic transactions?


A) B2C
B) C2C
C) B4B
D) B2B
E) B4C

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

Correct Answer

verifed

verified

Operations management is the central core function of every company.

A) True
B) False

Correct Answer

verifed

verified

What is the "role" of operations management?

Correct Answer

verifed

verified

To transfo...

View Answer

What movement started with the publication of the results of the Hawthorne studies?


A) scientific management
B) human relations
C) management science
D) marketing research
E) operations management

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

Correct Answer

verifed

verified

In order to be successful with Web-based on-line shopping, companies must do all except which of the following?


A) manage distribution centers and warehouses
B) operate fleets of trucks
C) maintain adequate inventories of products
D) increase the cost of production
E) schedule deliveries

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

Correct Answer

verifed

verified

Why are operations management decisions typically more complex for large companies than for small companies?

Correct Answer

verifed

verified

Because of the size and scope ...

View Answer

The objective of supply chain management is to have every member of the chain compete against each other to enhance competitive abilities.

A) True
B) False

Correct Answer

verifed

verified

What are environmental issues faced by business?

Correct Answer

verifed

verified

air pollution, water...

View Answer

While customers and service organizations interact directly, customers and manufacturers interact

Correct Answer

verifed

verified

Through service orga...

View Answer

Who created "scientific management?"


A) James Watt
B) Adam Smith
C) Eli Whitney
D) Frederick W. Taylor
E) Henry Ford

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

Correct Answer

verifed

verified

The highest percentage of transactions on the internet occurs between businesses and their customers (B2C).

A) True
B) False

Correct Answer

verifed

verified

The Internet developed from a government network called ARPANET, which was created in 1969 by _____.


A) Japanese scientists
B) the EPA
C) the U.S. Defense Department
D) NSF
E) ISO

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

Correct Answer

verifed

verified

In what company were the Hawthorne Studies conducted?


A) Westinghouse
B) General Electric
C) Hawthorne Incorporated
D) General Motors
E) Western Electric

F) D) and E)
G) None of the above

Correct Answer

verifed

verified

NAFTA and the EU are _________________________.


A) certification groups
B) regional trade agreements
C) quality control methods
D) logistics providers
E) U.S. government agencies

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

Correct Answer

verifed

verified

Which of the following operations management concepts did not evolve from scientific management?


A) moving assembly lines
B) interchangeable parts
C) stopwatch time studies
D) piece rate incentives
E) setting time standards for task performance

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

Correct Answer

verifed

verified

Tactical decisions can be distinguished from strategic decisions by what set of characteristics?

Correct Answer

verifed

verified

Focus on specific day-to-day issues, tac...

View Answer

The first military use of management science was solving complex problems of logistics control, weapons system design, and deployment of missiles during _____________________.


A) World War I
B) World War II
C) The Korean War
D) The Vietnam War
E) Operation Desert Storm

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

Correct Answer

verifed

verified

Showing 81 - 100 of 133

Related Exams

Show Answer