Exam 1: Operations and Productivity

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What is a knowledge society?

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Which of the following services is LEAST likely to be unique, i.e., customized to a particular individual's needs?

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Some of the operations-related activities of Hard Rock Café include designing music instruments and analyzing them for cost and labor requirements.

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Walter Shewhart is listed among the important people of operations management because of his contributions to:

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Who among the following is associated with contributions to quality control in operations management?

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Because Hard Rock Cafés are themed restaurants, operations managers focus their layout design efforts on attractiveness while paying little attention to efficiency.

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Three commonly used productivity variables are:

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Stakeholders are always stockholders.

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Why are operations managers faced with ethical and social challenges?

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Which of the following is a similarity between goods and services?

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A foundry produces circular utility access hatches (manhole covers). If 16 covers are produced in an 8-hour shift, the productivity of the line is:

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At Hard Rock Café, tasks that reflect operations or operations management include:

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Walter Shewhart, in the ________, provided the foundations for ________ in operations management.

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Which of the following would NOT be an operations function in a commercial bank?

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Competition in the 21st century is no longer between companies; it is between supply chains.

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Production is the creation of goods and services.

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Manufacturing now constitutes the largest economic sector in postindustrial societies.

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Productivity is generally more difficult to improve in the service sector than in the manufacturing sector.

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A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace 2 old cashier lanes that were staffed by a cashier and bagger on each lane. One cashier mans all 4 self-checkouts (answering questions, checking for un-scanned items, taking coupons, etc). Checkout on the new lanes takes 2 minutes (customers bag their own orders) while checkout with the old lanes took only 45 seconds. In addition, the electricity costs for both setups are $0.05 per checkout while bagging (material) costs are $0.10 per checkout with the old system and $0.15 for the new system. The new lanes also require $100/shift in capital costs. Assume that the lanes are always in use for 8 hours per day (1 shift) and that a worker makes $10/hour. (a) How many checkouts did the old system provide in a shift? (b) How many checkouts does the new system provide? (c) What is the multifactor productivity for each system?

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Which productivity variable has the greatest potential to increase productivity?

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