Mastering Operations and Supply Chain Management
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Questions and Answers

Which of the following is a critical function of operations management?

  • Monitoring inventory levels
  • Coordinating business processes (correct)
  • Managing customer demand
  • Finding vendors

    • What is the main responsibility of operations management in relation to inventory?

  • Ensuring excessive quantities are on hand
  • Monitoring inventory levels (correct)
  • Acquiring materials and using labor in a timely manner
  • Finding vendors that supply the appropriate goods

    • What does an effective operations management professional need to understand?

  • Global trends
  • Customer demand
  • Available resources for production
  • All of the above (correct)

    • What is the process known as that relates to the management of inventory through the supply chain?

    <p>Operations and supply chain management (D)</p> Signup and view all the answers

    What is the role of operations management in acquiring materials and using labor?

    <p>Ensuring timely and cost-effective acquisition (D)</p> Signup and view all the answers

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