Question $1(1$ point$)$

Kitchen appliances, such as refrigerators and ovens, are examples of durable goods

True

$$False

Question $2(1$ point$)$

Dennis, a manager at Luis Bryan Inc., oversees the activities involved in creating the right products and services in the right quantities and distributing them to the right customers. His decisions have a major impact on the company's financial success. The given scenario illustrates operations management.

True

$$ False

Question $3(1$ point

Greg owns a furniture business and produces only enough goods to meet the current demand. This helps him save inventory$-$holding costs. In the given scenario, Greg uses just$-$in$-$time $($JIT$)$ production.

True

$$False

Question $4(1$ point$)$

In a cellular layout, cells are designed to be operated by a few workers who perform a wider array of tasks than assembly$-$line workers.

True

$$ False

$$

Question $5(1$ point$)$

An advantage of foreign outsourcing is that it simplifies value chains.

True

$$ False

Question $6(1$ point$)$

VRM Cars is a custom car shop that buys and sells modified cars. It also provides customers with the option of adding more features to the models available in the market. In this scenario, VRM Cars deals in $\_$

intangible goods

nondurable goods

complementary goods

durable goods

Question $7(1$ point$)$

In the context of operations management, which of the following statements is true of the increasingly competitive and global nature of markets?

There has been a significant decrease in green practices.

There is a higher inclination to exploit the environment.

There has been a shift from a cost perspective to a value perspective.

There is an increased preference for simplified supply chains.

$$

Question $8(1$ point$)$

Identify a difference between the characteristics of operations management in the $1960$s and in the $2010$s$.$

Operations management focused on creating value in the $1960$s$,$ whereas it focuses on minimizing costs in the $2010$s$.$

Operations management favored complex supply chains in the $1960$s$,$ whereas it favors simple supply chains in

the $2010$s$.$

Operations management focused on mass customization in the $1960$s$,$ whereas it focuses on mass production in the $2010$s$.$

Operations management exploited the environment in the $1960$s$,$ whereas it focuses on sustaining the environment in the $2010$s$.$

Question $9(1$ point$)$

In the context of American business, which of the following statements is true of the changing scenario of operations management over the last five decades?

The nonfarm labor force is increasingly joining the goods$-$producing sector.

The current trend in value chain design is to rely more on vertical integration and less on outsourcing and offshoring

There has been a shift from mass customization to mass production.

There has been a fundamental shift away from the production of goods and toward the provision of services.

$$

Question $10(1$ point$)$

Which of the following is a benefit of holding large inventories?

Reduced holding costs

Increased protection against losses due to depreciation

Increased availability of funds

Reduced ordering costs