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
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List two methods that are commonly used techniques for streamlining a business's production.
(Short Answer)
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Starcrest Publishing is one of many companies who will take demographic information about your child and publish a story written about that child.The story is already written, and a computer is used to insert the relevant information into the spaces left blank-such as the child's name, his address, his age, his grandparents' name, etc.Starcrest Publishing uses:
(Multiple Choice)
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_____ is a scheduling tool that assigns three time estimates for each activity ( optimistic, most probable, and pessimistic).This technique allows managers to anticipate delays and potential problems and schedule accordingly.
(Multiple Choice)
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Mazda once included a solar powered ventilation system on its cars.A solar panel on the roof powered a pair of fans near the trunk, which automatically turned on when the temperature in the car reached 90 degrees.Because customers were not willing to pay for this benefit and did not complain when it was no longer available, Mazda discontinued it.This is an example of:
(Multiple Choice)
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____ is used to schedule big projects, production and operations managers break complex operations into smaller tasks and estimates the time needed to complete the key tasks.This scheduling system was developed in the 1950s for building and maintaining chemical plants.
(Short Answer)
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One useful tool for routing is _____, where production managers "map" the flow from suppliers through the factory to customers.
(Multiple Choice)
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Which of the following factors will be important in the selection of a site for a production facility?
(Multiple Choice)
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_____ charts are bar graphs that are plotted on a time line to show the relationship between scheduled and actual production.
(Multiple Choice)
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The just-in-time (JIT) system schedules arrival of inventory so that it can be used almost immediately and will not need to be stored on site.
(True/False)
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List the three most commonly used scheduling tools for complex production situations.
(Short Answer)
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Electronic data interchange (EDI) is an important communications tool for:
(Multiple Choice)
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A system that utilizes long production runs resulting in high-volume, standardized products is called a(n) _____ process.
(Multiple Choice)
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A flexible manufacturing system (FMS) combines all of the following EXCEPT:
(Multiple Choice)
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Hans Guten makes furniture according to the specifications of the customer who ordered it.Each piece of furniture he makes is unique.He only makes one piece of furniture at a time.Guten is engaged in:
(Multiple Choice)
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