Exam 17: Operations Management: Putting It All Together
Exam 1: Business Now: Change Is the Only Constant155 Questions
Exam 2: Economics: The Framework of Business159 Questions
Exam 3: The World Marketplace: Business Without Borders159 Questions
Exam 4: Business Ethics Social Responsibility: Doing Well by Doing Good150 Questions
Exam 5: Business Communication: Creating Delivering Messages That Matter150 Questions
Exam 6: Business Formation: Choosing the Form That Fits150 Questions
Exam 7: Small Business Entrepreneurship: Economic Rocket Fuel150 Questions
Exam 8: Accounting: Decision Making by the Numbers150 Questions
Exam 9: Finance: Acquiring Using Funds to Maximize Value174 Questions
Exam 10: Securities Markets: Trading Financial Resources151 Questions
Exam 11: Marketing: Building Profitable Customer Connections164 Questions
Exam 12: Product and Promotion: Creating and Communicating Value160 Questions
Exam 13: Distribution and Pricing: Right Product, Right Person, Right Place, Right Price149 Questions
Exam 14: Management, Motivation, and Leadership: Bringing Business to Life153 Questions
Exam 15: Human Resource Management: Building a Top Quality Workforce151 Questions
Exam 16: Managing Information Technology: Finding New Ways to Learn and Link150 Questions
Exam 17: Operations Management: Putting It All Together150 Questions
Exam 18: Appendix :personal-Finance-Appendix154 Questions
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_____ is an approach to manufacturing that emphasizes the elimination of waste in all aspects of manufacturing processes.
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(Multiple Choice)
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Correct Answer:
D
Ravina is the owner of a large bakery that specializes in customized cupcakes for special occasions. When she refurnishes her kitchen, she finalizes a layout that groups various kitchen appliances and equipment according to the type of task they perform. According to Ravina, such a layout will help her in customizing small orders. Given this information, it can be inferred that Ravina has chosen a _____ for her kitchen.
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(Multiple Choice)
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Correct Answer:
B
Identify a key factor that operations managers consider when deciding the location of a manufacturing facility.
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(Multiple Choice)
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Correct Answer:
B
Services such as concerts or sporting events require a fixed position layout.
(True/False)
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VRM Cars is a custom car shop that buys and sells modified cars. It also provides customers with the option of adding more features to the models available in the market. In this scenario, VRM Cars deals in _____.
(Multiple Choice)
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Which of the following statements is true of total quality management (TQM)?
(Multiple Choice)
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Distinguishing between the critical path and other paths can:
(Multiple Choice)
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Megabrics Inc., a truck manufacturing company, installed windmills to generate power for its manufacturing plant. Almost 45% of the power used by the plant is generated by the windmills. In the given scenario, the step taken by Megabrics Inc. most likely exemplifies a(n) _____.
(Multiple Choice)
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Jorgen Inc., a ship manufacturing company, is building a cruise ship at a harbor. As the ship is extremely large, workers move the equipment and machines to various parts of the ship as and when required. In the given scenario, Jorgen Inc. is using a _____.
(Multiple Choice)
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Firms that need to produce small batches of goods that require a degree of customization are most likely to use a _____.
(Multiple Choice)
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Greg owns a furniture business and produces only enough goods to meet the current demand. This helps him save inventory-holding costs. In the given scenario, Greg uses just-in-time (JIT) production.
(True/False)
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Love Your Feet Inc., a shoe manufacturing company, tries to acquire a certification from the International Organization for Standardization. It ensures the authorities that it continually improves its environmental performance and implements a systematic approach to setting environmental targets and to achieving those targets. In this scenario, which of the following certifications is Love Your Feet Inc. trying to acquire?
(Multiple Choice)
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Esteban is the operations manager of a clock manufacturing company. He develops a few quality check procedures that would help the workers identify incorrect placing of clockfaces. After discussing with his team, he decides to incorporate these procedures in the work flow. In this scenario, Esteban follows the total quality management (TQM) approach by using _____.
(Multiple Choice)
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Mervin, the vice president of a curtain manufacturing company, emphasizes that the production of curtains should meet the actual current demand. He believes in minimizing the inventories of finished products and work in process at each stage of the supply chain. In this scenario, Mervin follows the _____.
(Multiple Choice)
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A _____ is used for goods that must be produced at a specific site or that are so large and bulky that it isn't feasible to move them from station to station.
(Multiple Choice)
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