An Operations strategy that prioritises flexibility is most likely focused on which objective?
Cambridge International A Level · Business (9609)
Operations strategy (A Level): Practice Questions
5 multiple-choice questions marked as you go, and 4 written questions with worked solutions. All on Operations strategy (A Level).
Which of the following describes a significant potential limitation for a business that relies heavily on Just-in-Time (JIT) inventory management as its main operations strategy?
A construction firm is using Critical Path Analysis (CPA) to manage a new building project. Activity X has a duration of 6 days. The Earliest Start Time (EST) for Activity X is Day 10, and the Earliest Start Time (EST) for the following activity is Day 18. What is the free float for Activity X?
A manufacturing business is considering a process innovation by introducing Artificial Intelligence (AI) into its quality management operations. What is the most likely primary objective of this operational strategy?
In a highly competitive market, how does the implementation of an Enterprise Resource Planning (ERP) system specifically support a business's operations strategy for flexibility?
Explain how the implementation of an Enterprise Resource Planning (ERP) system can improve the operational efficiency of a manufacturing business.
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In a Critical Path Analysis (CPA), an activity has an Earliest Start Time (EST) of 10 days, a duration of 6 days, and the EST of the following activity is 20 days. Calculate the free float for this activity and explain its significance for project scheduling.
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A manufacturing firm is planning its operations strategy and needs to determine the critical path for a project. If activity C has an earliest start time (EST) of 12 days, a duration of 5 days, and its latest finish time (LFT) is 20 days, calculate the total float for this activity.
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A manufacturing company is considering the adoption of lean production to reduce waste and improve its competitive position.
a) Explain the concept of Kaizen as an operational strategy.
b) Analyse two ways in which Enterprise Resource Planning (ERP) could help the company improve its inventory control and capacity utilisation.
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