Question 1

The product-process matrix includes all the following process types except

Accepted Answer

A) mass production. 
B) stable production. 
C) continuous production. 
D) batch production. 
A) mass production. 
B) stable production. 
C) continuous production. 
D) batch production. B

Question 2

A company is considering producing a product for a new market.The fixed costs required for manufacturing and delivering the product is $50,000.Labour and material costs are estimated to be approximately $25.00 per product.If the product is sold for $35.00 each,the firm's break-even volume would be

Accepted Answer

A) 50,000 units. 
B) 5,000 units. 
C) 2500 units. 
D) 500 units. 
A) 50,000 units. 
B) 5,000 units. 
C) 2500 units. 
D) 500 units. B

Question 3

Mass production is characterized by the use of specialized equipment and workers with limited skills.

Accepted Answer

A) True 
 B)False  True

Question 4

Capital budgeting techniques are often one of the inputs used for technology decisions.

Accepted Answer

A) True 
 B)False

Question 5

Planning,analyzing,and improving processes is the purpose of operations management.

Accepted Answer

A) True 
 B)False

Question 6

Disadvantages of batch production include all of the following except

Accepted Answer

A) high per-unit costs. 
B) frequent changes in product mix. 
C) flexibility. 
D) scheduling problems. 
A) high per-unit costs. 
B) frequent changes in product mix. 
C) flexibility. 
D) scheduling problems.

Question 7

Mass production is characterized by high volumes of a standard product for a mass market.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is not a potential risk associated with a project?

Accepted Answer

A) huge swings in resource requirements 
B) extensive learning curve benefits 
C) limited learning curve benefits 
D) small swings in resource requirements 
A) huge swings in resource requirements 
B) extensive learning curve benefits 
C) limited learning curve benefits 
D) small swings in resource requirements

Question 9

Technology decisions that involve the outlay of funds are considered a capital investment.

Accepted Answer

A) True 
 B)False

Question 10

One disadvantage of mass production is its

Accepted Answer

A) efficiency. 
B) speed of production. 
C) low per-unit costs. 
D) lack of responsiveness. 
A) efficiency. 
B) speed of production. 
C) low per-unit costs. 
D) lack of responsiveness.

Question 11

As process selection moves up the diagonal from project to continuous production,

Accepted Answer

A) demand volume increases. 
B) product variety increases. 
C) capital intensity decreases. 
D) flexibility increases. 
A) demand volume increases. 
B) product variety increases. 
C) capital intensity decreases. 
D) flexibility increases.

Question 12

List some non-economic factors that can influence a firm's outsourcing decision.

Accepted Answer

There are several non-economic factors w

Question 13

Which of the following is not a characteristic of mass production?

Accepted Answer

A) made-to-stock 
B) stable demand 
C) high product variety 
D) high product volume 
A) made-to-stock 
B) stable demand 
C) high product variety 
D) high product volume

Question 14

In general,processes should be analyzed for continuous improvement only after a breakthrough improvement.

Accepted Answer

A) True 
 B)False

Question 15

Break-even analysis examines the cost tradeoffs associated with demand volume when selecting a process.

Accepted Answer

A) True 
 B)False

Question 16

The best process strategy is usually found on the diagonal of the product-process matrix.

Accepted Answer

A) True 
 B)False

Question 17

Process design specifies what tasks need to be done and how they are to be coordinated among functions,people,and organizations.

Accepted Answer

A) True 
 B)False

Question 18

Technology decisions typical in operations management include all the following areas except

Accepted Answer

A) information technology. 
B) product technology. 
C) process technology. 
D) communication technology. 
A) information technology. 
B) product technology. 
C) process technology. 
D) communication technology.

Question 19

A high-level process map is a useful tool in beginning the redesign of a process.

Accepted Answer

A) True 
 B)False

Question 20

The ease of adjusting resources in response to changes in demand defines a firm's

Accepted Answer

A) vertical integration. 
B) process flexibility. 
C) customer involvement. 
D) capital intensity. 
A) vertical integration. 
B) process flexibility. 
C) customer involvement. 
D) capital intensity.

Exam 7: Processes and Technology

The product-process matrix includes all the following process types except

A company is considering producing a product for a new market.The fixed costs required for manufacturing and delivering the product is $50,000.Labour and material costs are estimated to be approximately $25.00 per product.If the product is sold for $35.00 each,the firm's break-even volume would be

Mass production is characterized by the use of specialized equipment and workers with limited skills.

Capital budgeting techniques are often one of the inputs used for technology decisions.

Planning,analyzing,and improving processes is the purpose of operations management.

Disadvantages of batch production include all of the following except

Mass production is characterized by high volumes of a standard product for a mass market.

Which of the following is not a potential risk associated with a project?

Technology decisions that involve the outlay of funds are considered a capital investment.

One disadvantage of mass production is its

As process selection moves up the diagonal from project to continuous production,

List some non-economic factors that can influence a firm's outsourcing decision.

Which of the following is not a characteristic of mass production?

In general,processes should be analyzed for continuous improvement only after a breakthrough improvement.

Break-even analysis examines the cost tradeoffs associated with demand volume when selecting a process.

The best process strategy is usually found on the diagonal of the product-process matrix.

Process design specifies what tasks need to be done and how they are to be coordinated among functions,people,and organizations.

Technology decisions typical in operations management include all the following areas except

A high-level process map is a useful tool in beginning the redesign of a process.

The ease of adjusting resources in response to changes in demand defines a firm's

Operations Management

Quality Management

Statistical Process Control

Operational Decision-Making Tools: Acceptance Sampling

Product Design

Service Design

Capacity and Facilities Design

Operational Decision-Making Tools: Facility Location Models

Human Resources

Operational Decision-Making Tools: Work Measurement

Project Management

Supply Chain Management: Strategy and Design

Global Supply Chain Procurement and Distribution

Forecasting

Inventory Management

Operational Decision-Making Tools: Simulation

The Sales and Operations Planning Process

Operational Decision-Making Tools: Linear Programming

Resource Planning

Lean Systems

Scheduling

Filters