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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One of the keys to successful production planning is resource management._____ is a system that would note how a possible strike in an Evanston, Indiana, plant will threaten supplies of a needed component part as well as how customer growing preference for time-saving devices such as the company markets and use this information in production planning.
(Multiple Choice)
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In a retail store, a point-of-sale (POS) terminal would be used to:
(Multiple Choice)
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DaimlerChrysler decided not to build a $750 million plant in southeast Georgia in spite of the state spending $24 million to purchase the property and an additional $36 million to prepare the site specifically for DaimlerChrysler.The _____ offered was not enough to convince DaimlerChrysler that the Georgia site was a good location for its factory.
(Multiple Choice)
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_____ is the creation of goods and services and is an essential function in every firm.
(Short Answer)
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_____ combines computerized manufacturing processes with other computerized systems used before and after manufacturing.
(Multiple Choice)
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Total quality management says that quality is the responsibility solely of the production and shipping departments.
(True/False)
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______ charts are bar graphs plotted on a time line that show the relationship between scheduled and actual production.
(Short Answer)
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Which of the following is a characteristic of the intermittent process?
(Multiple Choice)
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Inventory management performs all of the following tasks EXCEPT:
(Multiple Choice)
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The critical path method (CPM) is used to design, test, and modify new and existing products.
(True/False)
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Instead of doing its own maintenance, Eaton Corp.has hired Advanced Technology Services, Inc.to maintain and fix equipment problems even though Eaton could have handled the tasks internally.What does this purchase of these maintenance services exemplify?
(Short Answer)
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The Japanese inventory system that minimizes inventory costs and provides those inputs as they are needed for a particular production run is called the ______ system.
(Multiple Choice)
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One of the biggest shortcomings of Gantt charts is that they:
(Multiple Choice)
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What is the relationship between mass production and customization?
(Short Answer)
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The physical arrangement of a production facility is called its:
(Multiple Choice)
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