Exam 6: Processes and Technology

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Disadvantages of batch production include all of the following except

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Explain the design and function of process flowcharts.

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The organization's overall approach for producing goods and providing services is its process strategy.

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Mass production is characterized by high volumes of a customized product for a mass market.

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Planning, analyzing, and improving processes is the purpose of operations management.

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Continuous production is characterized by very high volumes of commodity products.

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One-of-a-kind production of a product based on a customer's unique specifications is called a project.

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The extent to which the firm will produce the inputs and control the outputs of each stage of the production process is known as

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A company is evaluating which of two alternatives should be used to produce a product that will sell for $35.00 per unit. The following cost information describes the two alternatives: A company is evaluating which of two alternatives should be used to produce a product that will sell for $35.00 per unit. The following cost information describes the two alternatives:   The break-even volume for Process A is The break-even volume for Process A is

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Breakthrough improvement is often implemented when opportunities for continuous improvement have been exhausted.

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Companies that control the production of virtually all of the parts that go into a product are said to be vertically integrated.

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A high-level process map is a useful tool in beginning the redesign of a process.

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The best process strategy is usually found on the diagonal of the product-process matrix.

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List some non-economic factors that can influence a firm's outsourcing decision.

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A firm's process strategy defines all of the following except its

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Which of the following is not a characteristic of mass production?

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List recent technological advances in manufacturing systems and explain factors often overlooked in the financial analysis of technology decisions.

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A print shop is an example of which of the following process choices?

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All the following are factors influencing the outsourcing decision except

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A company is considering producing a product for a new market. The fixed costs required for manufacturing and delivering the product is $50,000. Labour and material costs are estimated to be approximately $25.00 per product. If the product is sold for $35.00 each, the firm's break-even volume would be

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