Question

5) MRP is useful when demand is unstable, customer lead time is extremely short, and products are made by machine such as with the Zara and Sports Obermeyer cases. Select one: True False

6) All organizations must have a high level of OPSCM competency to be successful. Select one: True False

7) Which OPSCM macro process design (operations model) would be appropriate for a low variety and high volume of finished goods? Select one: a. configure to order b. make to stock c. make to order d. engineer to order

8) Straddling is a safe competitive strategy approach for an organization to perform well on multiple dimensions. Select one: True False

Answer 1

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[5] MRP is useful when demand is unstable, customer lead time is extremely short, and products are made by machines such as with the Zara and Sports Obermeyer cases.

[A.] True

[B.] False

The correct answer is option B i.e. false.

Explanation – MRP frameworks are especially appropriate for firms confronting a domain where the procedure is complex [i.e. product variety is large with sensibly huge client lead-times, the demand is dynamic, and the production process is cluster oriented]. Thus, the abovementioned alternative i.e. option [A] is an incorrect answer.

[6] All organizations must have a high level of OPSCM competency to be successful.

[A.] True

[B.] False

The correct answer is option B i.e. true.

Explanation – The objective of operations and the supply chain management [OPSCM] competency is to screen supply chains and assess buying techniques so as to assist the organization with becoming progressively productive in an undeniably competitive worldwide market. Thus, the abovementioned alternative i.e. option [B] is an incorrect answer.

[7] Which OPSCM macro process design [operations model] would be appropriate for a low variety and high volume of finished goods?

[A.] Configure to order

[B.] Make-to-stock

[C.] Make-to-order

[D.] Engineer to order

The correct answer is option B i.e. make-to-stock.

Explanation – In a setting where all items are high-volume low-variety items [standard products] with low client lead-times, the MTS [make-to-stock] strategy is obviously suitable. Then again, in a setting where all items are low volume high variety of items with sensibly enormous client lead-times, the MTO [Make-to-order] strategy must be utilized. Thus, the abovementioned alternatives i.e. option [A], [C], and [D] are incorrect answers.

[8] Straddling is a safe competitive strategy approach for an organization to perform well on multiple dimensions.

[A.] True

[B.] False

The correct answer is option A i.e. true.

Explanation - Straddling happens when an organization looks to coordinate the advantages of an effective position while keeping up its current position. At the point when a firm tries to coordinate what a contender is doing by performing great on multiple dimensions, for example, including new highlights, technologies, or services to existing exercises. Thus, the abovementioned alternative i.e. option [B] is an incorrect answer.