Question 1

Discuss the steps required to redesign a process to achieve breakthrough improvements.

Accepted Answer

Sometimes a process needs to be complete

Question 2

Process strategy defines what tasks need to be done and how they are to be coordinated among functions, people, and organizations.

Accepted Answer

A) True 
 B)False

Question 3

Process innovation reflects the total redesign of a process for a breakthrough improvement.

Accepted Answer

A) True 
 B)False

Question 4

Mass production is characterized by the use of general equipment and highly skilled labour.

Accepted Answer

A) True 
 B)False

Question 5

The ease of adjusting resources in response to changes in demand defines a firm's

Accepted Answer

A)  vertical integration. 
B)  process flexibility. 
C)  customer involvement. 
D)  capital intensity. 
A)  vertical integration. 
B)  process flexibility. 
C)  customer involvement. 
D)  capital intensity.

Question 6

Process analysis is the systematic examination of all aspects of a process to improve its operation. It includes all of the following except to make it

Accepted Answer

A)  faster, 
B)  more efficient 
C)  less effective 
D)  more responsive 
A)  faster, 
B)  more efficient 
C)  less effective 
D)  more responsive

Question 7

Which of the following is not a factor in the financial analysis of?

Accepted Answer

A)  operating and purchase costs 
B)  annual savings 
C)  replacement analysis 
D)  annual ordering and holding cost 
A)  operating and purchase costs 
B)  annual savings 
C)  replacement analysis 
D)  annual ordering and holding cost

Question 8

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:   If total demand (volume) is 120,000 units, then the company should

Accepted Answer

A)  select Process A with a profit of $940,000 to maximize profit. 
B)  select Process B with a profit of $450,000 to maximize profit. 
C)  select Process A with a profit of $700,000 to maximize profit. 
D)  select Process B with a profit of $690,000 to maximize profit. 
A)  select Process A with a profit of $940,000 to maximize profit. 
B)  select Process B with a profit of $450,000 to maximize profit. 
C)  select Process A with a profit of $700,000 to maximize profit. 
D)  select Process B with a profit of $690,000 to maximize profit.

Question 9

Which of the following is not an advantage of batch production?

Accepted Answer

A)  frequent changes in product mix 
B)  flexibility 
C)  customization of output 
D)  quality reputation 
A)  frequent changes in product mix 
B)  flexibility 
C)  customization of output 
D)  quality reputation

Question 10

Mass production is often associated with assembly lines.

Accepted Answer

A) True 
 B)False

Question 11

Technology decisions typical in operations management include all the following areas except

Accepted Answer

A)  information technology. 
B)  product technology. 
C)  process technology. 
D)  communication technology. 
A)  information technology. 
B)  product technology. 
C)  process technology. 
D)  communication technology.

Question 12

Mass production systems tend to employ

Accepted Answer

A)  specialized equipment and limited labour skills. 
B)  specialized equipment and specialized labour skills. 
C)  general purpose equipment and limited labour skills. 
D)  general purpose equipment and specialized labour skills. 
A)  specialized equipment and limited labour skills. 
B)  specialized equipment and specialized labour skills. 
C)  general purpose equipment and limited labour skills. 
D)  general purpose equipment and specialized labour skills.

Question 13

As process selection moves up the diagonal from project to continuous production,

Accepted Answer

A)  demand volume increases. 
B)  product variety increases. 
C)  capital intensity decreases. 
D)  flexibility increases. 
A)  demand volume increases. 
B)  product variety increases. 
C)  capital intensity decreases. 
D)  flexibility increases.

Question 14

Most of the operations in batch production involve fabrication rather than assembly.

Accepted Answer

A) True 
 B)False

Question 15

Supplier reliability is often an important consideration in outsourcing decisions.

Accepted Answer

A) True 
 B)False

Question 16

If a firm can sell a product for $40 each, then what is the volume needed to break-even if the fixed cost of production is $125,000 and labour and material costs are $30 per item?

Accepted Answer

A)  125,000 
B)  12,500 
C)  4,167 
D)  3,250 
A)  125,000 
B)  12,500 
C)  4,167 
D)  3,250

Question 17

Break-even analysis examines the cost tradeoffs associated with demand volume when selecting a process.

Accepted Answer

A) True 
 B)False

Question 18

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:   If total demand (volume) is 150,000 units, then the company should

Accepted Answer

A)  select Process A with a profit of $1,300,000 to maximize profit. 
B)  select Process B with a profit of $750,000 to maximize profit. 
C)  select Process A with a profit of $1,000,000 to maximize profit. 
D)  select Process B with a profit of $1,050,000 to maximize profit. 
A)  select Process A with a profit of $1,300,000 to maximize profit. 
B)  select Process B with a profit of $750,000 to maximize profit. 
C)  select Process A with a profit of $1,000,000 to maximize profit. 
D)  select Process B with a profit of $1,050,000 to maximize profit.

Question 19

Supplier speed is rarely an important consideration in outsourcing decisions.

Accepted Answer

A) True 
 B)False

Question 20

Process plans are a set of documents that detail the steps in process selection.

Accepted Answer

A) True 
 B)False

Discuss the steps required to redesign a process to achieve breakthrough improvements.

Process strategy defines what tasks need to be done and how they are to be coordinated among functions, people, and organizations.

Process innovation reflects the total redesign of a process for a breakthrough improvement.

Mass production is characterized by the use of general equipment and highly skilled labour.

The ease of adjusting resources in response to changes in demand defines a firm's

Process analysis is the systematic examination of all aspects of a process to improve its operation. It includes all of the following except to make it

Which of the following is not a factor in the financial analysis of?

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: If total demand (volume) is 120,000 units, then the company should

Which of the following is not an advantage of batch production?

Mass production is often associated with assembly lines.

Technology decisions typical in operations management include all the following areas except

Mass production systems tend to employ

As process selection moves up the diagonal from project to continuous production,

Most of the operations in batch production involve fabrication rather than assembly.

Supplier reliability is often an important consideration in outsourcing decisions.

If a firm can sell a product for $40 each, then what is the volume needed to break-even if the fixed cost of production is $125,000 and labour and material costs are $30 per item?

Break-even analysis examines the cost tradeoffs associated with demand volume when selecting a process.

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: If total demand (volume) is 150,000 units, then the company should

Supplier speed is rarely an important consideration in outsourcing decisions.

Process plans are a set of documents that detail the steps in process selection.

Introduction to Operations and Supply Chain Management

Quality Management

Statistical Process Control

Product Design

Service Design

Capacity and Facilities Design

Human Resources

Project Management

Supply Chain Management Strategy and Design

Global Supply Chain Procurement and Distribution

Forecasting

Inventory Management

Sales and Operations Planning

Resource Planning

Lean Systems

Scheduling

Filters

Exam 6: Processes and Technology

Discuss the steps required to redesign a process to achieve breakthrough improvements.

Process strategy defines what tasks need to be done and how they are to be coordinated among functions, people, and organizations.

Process innovation reflects the total redesign of a process for a breakthrough improvement.

Mass production is characterized by the use of general equipment and highly skilled labour.

The ease of adjusting resources in response to changes in demand defines a firm's

Process analysis is the systematic examination of all aspects of a process to improve its operation. It includes all of the following except to make it

Which of the following is not a factor in the financial analysis of?

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: If total demand (volume) is 120,000 units, then the company should

Which of the following is not an advantage of batch production?

Mass production is often associated with assembly lines.

Technology decisions typical in operations management include all the following areas except

Mass production systems tend to employ

As process selection moves up the diagonal from project to continuous production,

Most of the operations in batch production involve fabrication rather than assembly.

Supplier reliability is often an important consideration in outsourcing decisions.

If a firm can sell a product for $40 each, then what is the volume needed to break-even if the fixed cost of production is $125,000 and labour and material costs are $30 per item?

Break-even analysis examines the cost tradeoffs associated with demand volume when selecting a process.

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: If total demand (volume) is 150,000 units, then the company should

Supplier speed is rarely an important consideration in outsourcing decisions.

Process plans are a set of documents that detail the steps in process selection.

Introduction to Operations and Supply Chain Management

Quality Management

Statistical Process Control

Product Design

Service Design

Capacity and Facilities Design

Human Resources

Project Management

Supply Chain Management Strategy and Design

Global Supply Chain Procurement and Distribution

Forecasting

Inventory Management

Sales and Operations Planning

Resource Planning

Lean Systems

Scheduling

Filters