Exam 21: Managing Operations
Exam 1: The Entrepreneurial Life83 Questions
Exam 2: Integrity, Ethics And, Social Entrepreneurship94 Questions
Exam 3: Starting a Small Business100 Questions
Exam 4: Franchising and Buyouts82 Questions
Exam 5: The Family Business78 Questions
Exam 6: The Business Plan: Visualizing the Dream92 Questions
Exam 7: The Marketing Plan125 Questions
Exam 8: The Organizational Plan: Teams, Legal Structures, Alliances, and Directors126 Questions
Exam 9: The Location Plan103 Questions
Exam 10: Understanding a Firms Financial Statements131 Questions
Exam 11: Forecasting Financial Requirements72 Questions
Exam 12: A Firms Sources of Financing132 Questions
Exam 13: Planning for the Harvest83 Questions
Exam 14: Building Customer Relationships91 Questions
Exam 15: Product and Supply Chain Management126 Questions
Exam 16: Pricing and Credit Decisions128 Questions
Exam 17: Promotional Planning115 Questions
Exam 18: Global Opportunities for Small Business126 Questions
Exam 19: Professional Management and the Small Business88 Questions
Exam 20: Managing Human Resources119 Questions
Exam 21: Managing Operations133 Questions
Exam 22: Managing the Firms Assets115 Questions
Exam 23: Managing Risk in the Small Business131 Questions
Select questions type
Match the term with its definition.Some terms may not be used
a.Acceptance sampling
b.Attributes
c.Bottleneck
d.Constraint
e.Inspection
f.ISO 9000
g.Operations
h.Operations management
i.Poka-Yoke
j.Quality
k.Total quality management
l.Variables
-Any point in the operations process where limited capacity reduces the production capability of an entire chain of activities.
(Essay)
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(34)
Manufacturers with seasonal demand schedules often hire temps during peak production and keep only skeleton crews the rest of the year.
(True/False)
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(34)
Match the term with its definition.Some terms may not be used
a.Continuous manufacturing
b.Flexible manufacturing systems
c.Job shops
d.Lean production
e.Make-or-buy decisions
f.Operations
g.Outsourcing
h.Poka-yoke
i.Project manufacturing
j.Repetitive manufacturing
k.Supply Chain Operations Reference model
l.Synchronous manufacturing
-The processes used to create and deliver a product or service.
(Essay)
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(35)
Quality is best defined as the totality of features and characteristics of a product or service that impacts the business's ability to satisfy stated or implied needs.
(True/False)
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Businesses who pay attention to operating details are stronger than those who empower their customers for quality improvement.
(True/False)
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Myra operates a punch press on a production line.Because she is slower than the operators both before and after her in the process, work stacks up at her press.This is known as a _________:
(Multiple Choice)
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The approach that recognises the assets and activities of the company are interdependent and should be managed so as to maximise the company's performance is:
(Multiple Choice)
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Cooperative purchasing organisations are businesses that specialise in the purchasing function and provide this service to small businesses.
(True/False)
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Tanya owns TT's T-shirts, a sports clothing production company that produces embroidered shirts that are monogrammed.TT has identified a constraint with her monogramming machine in that the work flow slows considerably due to the shirts not being fed into the machine properly and the machine taking a certain amount of time.How could this problem be addressed?
(Essay)
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(31)
While large corporations have access to data mining techniques for insights into customer buying patterns, small companies typically cannot afford the software.
(True/False)
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Match the term with its definition.Some terms may not be used
a.Continuous manufacturing
b.Flexible manufacturing systems
c.Job shops
d.Lean production
e.Make-or-buy decisions
f.Operations
g.Outsourcing
h.Poka-yoke
i.Project manufacturing
j.Repetitive manufacturing
k.Supply Chain Operations Reference model
l.Synchronous manufacturing
-An approach that emphasises efficiency through elimination of waste.
(Essay)
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(31)
One factor that differentiates the operations of a service firm from manufacturing is its:
(Multiple Choice)
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If a small fencing company wants to check the length of fence posts to determine if they are acceptable, a(n) ______ should be used.
(Multiple Choice)
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(36)
The topic of discussion during the monthly senior managers' meeting is how best to manufacture the company's product with existing materials, manpower and machinery.This discussion is about:
(Multiple Choice)
4.8/5
(33)
Match the term with its definition.Some terms may not be used
a.Continuous manufacturing
b.Flexible manufacturing systems
c.Job shops
d.Lean production
e.Make-or-buy decisions
f.Operations
g.Outsourcing
h.Poka-yoke
i.Project manufacturing
j.Repetitive manufacturing
k.Supply Chain Operations Reference model
l.Synchronous manufacturing
-An approach that recognises the interdependence of assets and activities and manages them to optimise the entire business's performance.
(Essay)
4.9/5
(40)
Match the term with its definition.Some terms may not be used
a.ABC method
b.Associative forecasting
c.Cooperative purchasing organisation
d.Cycle counting
e.Demand management strategies
f.Economic order quantity
g.Just-in-time inventory system
h.Perpetual inventory system
i.Physical inventory system
j.Poka-yoke
k.Statistical inventory control
l.Two-bin inventory system
-An organisation in which small businesses combine their demand for products or services in order to negotiate as a group with suppliers.
(Essay)
4.8/5
(40)
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