ISCOM 305 Final Exam
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Circle the correct answers. Questions are multiple choice or True False type questions. There are 35 questions in total. The first 30 questions are worth 2.5 points each. Work out the last 5 questions, they are worth 5 points each
1. Operations management is concerned only with the day-to-day operations of the firm’s productive system. True / False
2. An advantage of mass production is its ability to adapt quickly to changes in demand. True / False
3. Japanese firms used the concept of ___________ to convert from mass production to lean production.
a. division of labor
b. scientific management
c. just-in-time
d. interchangeable parts
4. All of the following are responsibilities of operations managers except
a. acquiring financial resources
b. managing inventories
c. planning production
d. scheduling production