Podcast
Questions and Answers
What is the definition of E-Supply Chain Management?
What is the definition of E-Supply Chain Management?
- The management of supply chain starting from suppliers to final customers utilizing enterprise-wide information systems
- The management of supply chain starting from suppliers to final customers focusing on pollution control and waste disposal
- The management of supply chain starting from suppliers to final customers using internet-enabled value-adding activities (correct)
- The management of supply chain starting from suppliers to final customers using computer-based software tools
What does Labor productivity measure?
What does Labor productivity measure?
- The contribution of changing management processes and technology towards output growth
- The ratio of outputs such as goods and services to inputs like labor and materials
- The amount of output per hour paid (correct)
- The change in the volume of assets producing more output
What is the formula for Capital productivity?
What is the formula for Capital productivity?
- Output/(Labor+Material+Overhead)
- Change in the volume of assets producing more output (correct)
- Total Output/Number of Workers
- Total Output/Total Man Hours
What is the role of Enterprise Resource Planning (ERP) in manufacturing?
What is the role of Enterprise Resource Planning (ERP) in manufacturing?
Why has improving productivity in the service sector proven difficult?
Why has improving productivity in the service sector proven difficult?
What is the objective of Computer Aided Design (CAD)?
What is the objective of Computer Aided Design (CAD)?
What is the primary goal of Total Quality Management (TQM) adopted by many firms?
What is the primary goal of Total Quality Management (TQM) adopted by many firms?
What does the concept of Just-In-Time Production, refined by Tai-ichi Ohno of Toyota motors, primarily focus on?
What does the concept of Just-In-Time Production, refined by Tai-ichi Ohno of Toyota motors, primarily focus on?
What is the key characteristic of Lean Production in operations management?
What is the key characteristic of Lean Production in operations management?
What does the concept of Business Process Re-engineering entail in operations management?
What does the concept of Business Process Re-engineering entail in operations management?