Introduction to Operations Management and Process Analysis :Introduction to Operations Management (Business Foundations Specialization) Answers 2026
Question 1
In an industry of 4 companies, the efficient frontier can contain at most 3 companies.
❌ True
✅ False
Question 2
If company A pareto-dominates B and company B pareto-dominates C, then A must pareto-dominate C.
✅ True
❌ False
Problem 2: Five Restaurants
| Restaurant | Quality | Price |
|---|---|---|
| 1 | ★★★ | $30 |
| 2 | ★★ | $25 |
| 3 | ★★★★★ | $50 |
| 4 | ★★★★ | $20 |
| 5 | ★ | $5 |
Question 3
How many restaurants are pareto-dominated?
✅ 2
Question 4
How many restaurants are in the efficient frontier?
✅ 3
Problem 2: System Inhibitors
Question 5
Which of the following is a system inhibitor? (Select all that apply)
✅ Variability
❌ Cost
✅ Inflexibility
❌ Fatigue
✅ Inconvenience
❌ Mediocrity
✅ Unreliability
❌ Idleness
✅ Waste
❌ Immediacy
🧾 Summary Table
| Question | Correct Answer(s) |
|---|---|
| Q1 | False |
| Q2 | True |
| Q3 | 2 |
| Q4 | 3 |
| Q5 | Variability, Inflexibility, Inconvenience, Unreliability, Waste |