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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With ____, when a part is redesigned in the computer-aided design system, the changes are quickly transmitted both to the machines producing the part and to all other departments that need to know about and plan for the change.
(Multiple Choice)
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Which of the following businesses is most likely to consider proximity to raw materials when locating a new manufacturing plant?
(Multiple Choice)
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Which of the following businesses would be LEAST likely to use an intermittent process?
(Multiple Choice)
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When a thermometer manufacture combines glass tubing, mercury, red dye, paint, plastic, and metal to make thermometers, it is an example of:
(Multiple Choice)
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Which of the following companies would be LEAST likely to use the continuous process?
(Multiple Choice)
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Which of the following is NOT a characteristic of an intermittent process?
(Multiple Choice)
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_____ is the combining of natural resources, human resources, and capital to produce goods and services.
(Multiple Choice)
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After product specifications are set, a company must decide whether to purchase or manufacture the parts that it needs.This is called a(n) _____ decision.
(Multiple Choice)
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Taco Bell fast-food restaurant does not chop the lettuce and tomatoes and grate the cheese used to make its menu items, but hires someone outside the restaurant to perform these tasks.By _____ these tasks, Taco Bell can keep its overhead low and concentrate its resources on taking customer orders and assembling food.
(Multiple Choice)
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After product specifications are set, the firm must decide if it should make its own parts or buy them from an outside source.This is called the _____ decision.
(Short Answer)
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A(n) _____ is a manufacturing firm that produces goods in response to customized orders.
(Multiple Choice)
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The critical path method is a sophisticated scheduling system that is based on the minimum time the project will take to complete.
(True/False)
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There is a standard approach to butchering a steer.Once the steers are butchered according to the agreed upon method, butchers are able to provide one customer with a 2-inch thick T-bone steak and another with thin pieces of steak for making fajitas.After standardized preparation, the meat is tailored to meet individual needs and desires.This is called:
(Multiple Choice)
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Computer-aided manufacturing (CAM) uses computers to develop and control the production process.
(True/False)
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Production and operations management involves three main types of decisions that are made at three different stages.The first type of decision to be made deals with:
(Multiple Choice)
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_____ focuses on smoothing transitions along the supply chain so that the firm can satisfy its customers with quality products and services.
(Short Answer)
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A listing of the components and the number of each required to make the product is called the bill of lading.
(True/False)
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_____ is a computerized resource planning system that includes information about the firm's suppliers and customers as well as data generated internally.
(Multiple Choice)
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