Exam 10: Achieving World-Class Operations Management
Exam 1: Understanding Economic Systems and Business224 Questions
Exam 2: Making Ethical Decisions and Managing a Socially Responsible Business91 Questions
Exam 3: Competing in the Global Marketplace155 Questions
Exam 4: Forms of Business Ownership143 Questions
Exam 5: Entrepreneurship: Starting and Managing Your Own Business114 Questions
Exam 6: Management and Leadership in Todays Organizations146 Questions
Exam 7: Designing Organizational Structures171 Questions
Exam 8: Managing Human Resources and Labor Relations139 Questions
Exam 9: Motivating Employees136 Questions
Exam 10: Achieving World-Class Operations Management162 Questions
Exam 11: Creating Products and Pricing Strategies to Meet Customers Needs183 Questions
Exam 12: Distributing and Promoting Products and Services110 Questions
Exam 13: Using Technology to Manage Information127 Questions
Exam 14: Using Financial Information and Accounting149 Questions
Exam 15: Understanding Money and Financial Institutions121 Questions
Exam 16: Understanding Financial Management and Securities Markets119 Questions
Exam 17: Your Career in Business45 Questions
Select questions type
Many companies keep a continuously updated list of inventory levels, orders, sales, and receipts.This is called a(n) _____ inventory.
Free
(Multiple Choice)
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Correct Answer:
A
The _____ is a list of components and number of each needed for file cabinets that a manufacturing company will produce.
Free
(Multiple Choice)
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Correct Answer:
E
The goal of cellular manufacturing is to:
Free
(Multiple Choice)
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Correct Answer:
D
The purchasing function, sometimes called _____, is an important part of any firm's production strategy.
(Multiple Choice)
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Researchers predict a glut of better-educated and more highly skilled workers.
(True/False)
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Robots are especially useful for repetitive tasks such as cutting sheet metal and spot welding.
(True/False)
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Rego-Fix is a metalworking manufacturing company in Switzerland.The company primarily manufactures grinding machines in different size ranges.Rego-Fix has reduced setup time and change-over costs through the establishment of small, self-contained production units with teams who produce specific machines on small assembly lines.Rego-Fix uses:
(Multiple Choice)
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The process of creating quality standards and measuring finished goods and services against standards is called:
(Multiple Choice)
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A(n) _____ layout arranges work flow around the production process.All workers performing similar tasks are grouped together.
(Multiple Choice)
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Synergy Oil and Gas builds oil-well drilling platforms to customer and government specifications.These platforms can cost as much as $1 billion.Synergy works on one platform at a time, and when it is finished, moves its crew to a new project.Synergy engages in:
(Multiple Choice)
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The _____ is an important scheduling tool for large projects.It breaks the projects into a sequence of events and smaller tasks.
(Multiple Choice)
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Cherokee Spring Mill produces four varieties of corn meal based on how finely the corn is ground.The mill makes long production runs of high volume.Cherokee Spring Mill uses a(n) _____ process.
(Multiple Choice)
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The reason that Castle and Cooke processes and packages Dole pineapple products in Hawaii is more than likely because of low energy costs.
(True/False)
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Which of the following statements about reverse auctions is true?
(Multiple Choice)
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Spalding produces large numbers of golf balls all at once.Spalding puts the golf balls in inventory and distributes them around the world.Spalding uses:
(Multiple Choice)
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