Exam 4: Process Design and Capacity Management

How might a small bakery implement sustainable processes? Give at least one hypothetical example and describe how the implementation could benefit the bakery.

The attention to sustainability issues in recent years has?

A firm is considering whether to continue to buy a particular component or to make the component themselves. There is no fixed cost associated with buying the component, but each component costs $17 to purchase. If the firm makes the component, it will incur a fixed cost of $5,000, but will be able to produce each component for $10. Which decision below is correct?

Increases in process output are typically accompanied by?

Describe the key differences between job shop, batch, assembly line, and continuous processes. Provide at least one example of each type of process.

Which of the following relationships is not likely or possible to be true?

Make-to-stock processes are characterized by all of the following except?

Briefly summarize the concept of Theory of Constraints. How might this philosophy be applied to business, such as a hand car wash/auto detailing shop?

Actual throughput level is referred to as?

Wendy's and Burger King fast-food restaurants rely heavily on what type of process?

Make-versus-buy analysis involves which of the following?

A restaurant that adds additional servers as capacity increases is utilizing what kind of approach to adding capacity?

Describe how a firm might use make-versus-buy analysis to determine whether or not to purchase a new piece of equipment or to continue to buy product from a supplier. Give a hypothetical example of a company that might face this decision.

Select the process type that is mismatched with the corresponding process characteristic.

The break-even equation is developed by which of the following?

A factory's capacity is the maximum number of units that it can produce in a set period of time.

The book The Goal is linked to which philosophy?

A process has four stages (A, B, C, and D). The stages have output rates of 5 units/hr, 12 units/hr, 10 units/hr, and 7 units/hr, respectively. What is the output rate of this process?

Determining worker schedules and possible overtime requirements occur during what type of capacity planning?

Break-even analysis is used to evaluate cost trade-offs among various options.